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Scarborough Building Society – flexible five-year discount

Scarborough Building Society flexible five-year discount

Discounted term: Five years


Payable rate: 4.79%

Minimum loan: £25,000

Maximum loan: £250,000

Income multiples: 3 x principal, 2.5 x joint

Arrangement fee: None

Redemption fee: 6% of sum repaid payable within first five years

Conditions: Up to 95% LTV, no MIG up to 90% LTV, 6% charge made on any capital repayment that exceeds 10% in any of the first three years

Introducer&#39s fee: £150 on loans of £25,000 to £74,999; £200 on loans of £75,000 to £149,999; £250 on loans of £150,000 to £250,000

Tel: 01723 355111


L&G says e-commerce is on the rise

Momentum administrator Suzanne Attfield has become the 10,000th person to sign up to Legal & General online IFA centre.The IFA-only extranet allows advisers to process term and Isa business online, get quotations, track new business and submit policy enquiries.A survey carried out by L&G Investment Management found that people predicted an increasing role for the […]

NAB putting £70m into UK operations

National Australia Bank has announced it is injecting £70m into its UK operations to improve IT in its Yorkshire Bank and Clydesdale Bank branches and to hire on 300 face to face employees. A NAB spokesman refuses to say how the funds will affect the company&#39s 100 existing IFAs or whether there are any plans […]

Tories to call for wider use of PMI

Conservative leader Ian Duncan Smith will reject expected tax rises in this week&#39s budget, proposing wider use of private medical insurance and pay as you go treatment instead.According to the Sunday Telegraph, Duncan Smith will oppose what has been tipped to be as high as £7bn in tax rises to pay for the NHS.

Hartley-sas – Self-invested personal pension

Tuesday, 9 April 2002 Type: Full Sipp Minimum investment: £1 Investment choice: All Inland Revenue permitted investments Administrator: Hartley-sas Charges: Annual fee £750, property purchase fee £390 Commission: Subject to negotiation Tel: 08705 673319

The Day of (B)reckoning

A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article


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