View more on these topics

RBS Intermediary Partners – RBS 2 Year Base Rate Tracker

RBS Intermediary Partners

2 Year Base Rate Tracker

Type: Tracker mortgage

Tracker term: Until August 31, 2011

Tracker rate: 2.99% above the Bank of England base rate

Payable rate: 3.49%

Minimum loan: £15,000

Maximum loan: Up to 75% of valuation subject to no maximum , up to 65% of valuation on new-build flats

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, no early redemption charge if borrowers switch to RBS Intermediary Partners fixed rate after three months of completion until end of tracker period

Arrangement fee: £999

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Refer to lender

Tel: 08459 00 11 10


Recommended

3

Aviva cuts with-profit bonus rates

Aviva has cut its with-profit regular bonuses for CGNU unitised policies by 0.75 per cent on life polices and 0.5 per cent on pension policies and reduced final bonus rates on its with-profits funds.

1

Confessions of a not so wicked salesman

I hold my hands up, I am a wicked salesman. I confess to selling a £181,000 Norwich Union mortgage protection insurance policy and a Holloway income protection insurance plan to a couple in the next village a couple of years ago. The husband has just had a terminal-illness payment for stomach cancer, which has cleared his mortgage and the Holloway policy will carry on paying until his eventual demise but hey, aren’t us salesmen awful?

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment