View more on these topics

Scottish BS fixes for three years

Scottish Building Society


Fixed term: Three years.

Fixed rate: 6.25 per cent.

Minimum loan: None.

Maximum loan: Up to 90 per cent of valuation subject to a maximum of £150,000.

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

Arrangement fee: None.

Redemption fee: 5 per cent in first five years.

Conditions: Property must be in Scotland.

Introducer&#39s fee: 0.5 per cent of loan subject to a maximum of £200.

Tel: 0131 220 1111.


Pru maintains rate for Egg

Prudential is maintaining its launch interest rates on its new Egg product despite the cut in base rates.It will maintain the launch savings rate of 8 per cent gross a year with interest on the ATM card option remaining at 7.5 per centEgg is central to the Prudential&#39s strategy to provide a broad range of […]

CGU launches Portfolio Bond

CGU has unveiled its Portfolio Bond offering a range of unit linked funds including unitised with-profits. Most of its features are taken from the former General Accident bond although it also provides access to the income portfolio which is linked to the former Commercial Union monthly income plus unit trust.The performance of this has been […]

Pru launches direct selling initiative

Prudential is entering the direct selling market with the launch of new savings and mortgage service under the brand name Egg.Clients will be able to access their accounts and mortgages by telephone, post and internet.In the medium term, Pru will also role out life, pensions and investment businesses under the new brand.The life office says […]

FirstMortgage caps for three and four years

FirstMortgageCAPPED RATE MORTGAGESCapped terms: Until January 7, 2001 or 2002.Capped rates: 6.95 per cent or 6.99 per cent respectively.Minimum loan: Remortgages – £25,500, purchases – £15,500.Maximum loan: Up to 95 per cent of valuation subject to a maximum of £150,000, up to 90 per cent of valuation subject to a maximum of £250,000, up to […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment