View more on these topics

Principality Building Society – Cashback Discount Option 3

Thursday, 7 June 2001.

Discounted term: Until August 31, 2006.

Discount: 0.25 per cent.

Payable rate: 6.2 per cent.

Minimum loan: £5,000.

Maximum loan: Up to 95 per cent of valuation subject to no maximum. Remortgages up to 90 per cent of valuation subject to no maximum.

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

Arrangement fee: None.

Redemption fee: 1 per cent of amount repaid plus repayment of cashback until August 31, 2006.

Conditions: 3 per cent cashback, free valuation, 0.19 per cent added to payable rate if Principality buildings and contents insurance not taken.

Introducer&#39s fee: Subject to negotiation.

Tel: 0800 163817.

Recommended

Scarborough launches new bond issue

Scarborough Building Society has closed its Bonus Bond Issue Fifteen and is now offering Bonus Bond Issue Sixteen until July 31, 2001.The bond pays 5.85 per cent for the first six months and then reverts to the underlying rate of 4.4 per cent if interest is paid annually.Access is penalty-free on 60 days notice or […]

Lamensdorf expansion continues as it buys Tokyo firm

Lamensdorf Group has acquired Tokyo-based IFA Ross AlexanderIntern-ational for an undisclosed sum as part of its internationalexpansion plans. The purchase, announ-ced at PIMS, gives the IFA a presence in Japan, Chinaand Switzerlandunder the names Lamensdorf Japan and Lamensdorf Europe. The move follows the purchase of Maddison Monetary Management earlier thisyear and marks the group&#39s first […]

PIMS delegates tip Portillo

PIMS delegates are tipping Michael Portillo&#39s to succeed in the battle for the leadership of the Tory party following William Hague&#39s sudden resignation.After a barnstorming performance at the PIMS conference on the Oriana earlier this week, IFAs singled out Portillo&#39s charisma as what distinguishes him from other potential candidates.Baronworth (Financial Services) director Paul Fuller says: […]

More take PMI cover

The amount of people with PMI is up 5.5 per cent on last year, according to a survey carried out by Laing & Buisson.The figures show that individual subscriptions decreased by 3.2 per cent, but this was compensated by a increase of 7.4 per cent from the corporate sector.Meanwhile a research by the Consumer’s Association […]

Mothers missing out on millions

By Steve Webb, director of policy and external communications The ninth Royal London Policy Paper discusses how thousands of mothers are missing out on state pension rights when they don’t have to Earlier this month we published the ninth Royal London Policy Paper, entitled ‘Mothers Missing out on Millions’. It focuses on the thousands of mothers […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com