View more on these topics

Saffron Building Society – Lifetime Tracker Mortgage – Direct

Saffron Building Society – Lifetime Tracker Mortgage – Direct

Type: Tracker mortgage

Tracker term: Life of the loan

Tracker rate: 2.48% above the Bank of England base rate

Minimum loan: £50,000

Maximum loan: Up to 75% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed in the tracker period without penalty, available direct

Arrangement fee: £995

Redemption fee: 2% of the amount repaid in the first three years

Introducer’s fee: None

Contact: www.saffronbs.co.uk

 

Recommended

Gregor Watt, Deputy editor Money Marketing

Advance warning

Having proved beyond a shadow of a doubt that it is very easy to get sidetracked and allow studying to get put firmly on the back-burner if you let it, I have decided to adopt a different approach to exam preparation this year. Up to now, the flexibility of computer-based exams and the ability to […]

L&C solves tax dilemma for US investors

London & Capital has created a discretionary fund management service for advisers with US clients as it believes the impact of US tax gathering should not be underestimated. The firm says there are around 200,000 registered Americans in the UK, with some being advised by IFAs who mistakenly believed US clients fall under UK tax […]

2

FSCS funding review will look at sub-classes

FSA chief executive Hector Sants has confirmed that the way Financial Services Compensation Scheme sub-classes are made up will be looked at as part of the proposed review of FSCS funding. Earlier this month, Informed Choice submitted an open letter and petition to Sants and Treasury financial secretary Mark Hoban calling for urgent reform of […]

Pension switch advice failings cost two firms £143k in fines

The FSA has fined two firms, Perspective Financial Management and Cricket Hill Financial Planning, a total of £143,500 for failing to check the suitability of the pension switching advice they gave their clients. PFM, which is based in Milton Keynes, was fined £49,000. It was bought by consolidation vehicle Perspective Financial Group in April 2008 […]

The death of retirement – a boost for protection?

According to our recent report on the death of retirement, changes in workplace pension provision mean that coming generations of retirees could have a radically different experience of retirement from their parents. The average contribution rate into an old-style final salary pension was around 20% of total wages, the statutory minimum for a new automatic […]

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