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Principality – 5.95 Per Cent 3 Year Capped Rate Mortgage

Tuesday, 24th October 2000.

Capped term: Until December 31, 2003.

Capped rate: 5.95 per cent.

Minimum loan: £75,000.

Maximum loan: Up to 75 per cent of valuation subject to a maximum of


Income multiples: 3.5 times principal income plus second or 2.5 times joint.

Arrangement fee: £299.

Conditions: Free valuation, free legal fees on remortgages if recommended

solicitor used, otherwise £225 towards legal costs.

Introducer&#39s fee: Subject to negotiation.

Tel: 0800 163817.


Aberdeen Asset Management…

Aberdeen Asset Management has acquired EquitiLink Group for $80m. The Australia-based group manages five North American closed-end funds with total assets of $2.7bn investing mainly in Asian fixed-interest securities and equities. AAM already has an office in Singapore managing £1.7bn of Asian equities, which will now be more than doubled to £3.8bn. The total assets […]

SG Asset Management – Eurotech Isa

Tuesday, 24th October 2000.Type: Unit trust maxi Isa.Aim: Growth by investing in European growth unit trust and technology unit trust.Minimum investment: Monthly £100, lump sum £2,000.Maximum investment: £7,000.Catmarked: No.Investment choice: 50 per cent in European growth unit trust, 50 per cent in technology unit trust.Charges: Initial 5.25 per cent, annual &#45 European growth 1.5 per […]

Boom in employee benefits predicted

Scottish Equitable predicts employee benefits will be a key growth area for IFAs following changes brought by the introduction of stakeholder.The life office bases its expectations on tax changes being introduced for stakeholder which will reduce the level of payments that can be made towards life insurance within a group personal pension.The maximum payment that […]

Perpetual chairman Martyn Arbib…

Perpetual chairman Martyn Arbib finally sold his business to US fund manager Amvescap last week for £1.05bn. The sale sees one of the few remaining British fund managers fall into foreign hands. The resulting company will become the second-biggest retail fund manager in the UK behind Fidelity.Both Perpetual and Invesco will remain separate for the […]

Tax year-end planning with the family

From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]


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