View more on these topics

Scottish Building Society – 3 Year 4.69% Fixed

Scottish Building Society – 3 Year 4.69% Fixed

Type: Fixed-rate mortgage

Fixed term: Three years

Fixed rate: 4.69%

Minimum loan: No minimum for purchase, £30,000 for remortgage

Maximum loan: Up to 80% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year without penalty in the fixed-rate period subject to a £250 a month maximum, basic valuation fee refunded for remortgages, free legal fees for remortgages if the society’s solicitor is used, otherwise £150  towards legal costs, available direct and through intermediaries, available only for properties in Scotland, Northumberland, Cumbria, County Durham or North Yorkshire

Flexible features: Overpayments, underpayments, payment holidays

Arrangement fee: £799

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

Introducer’s fee: 0.4% of the original loan subject to a £1,500 maximum

Contact: www.e-sbsm.co.uk

Recommended

gareth.jpg

The way forward

The return of carry forward in April presents opportunities for advisers says A J Bell technical marketing manager Gareth James

Penalties for offshore tax evaders will double

Penalties for people who fail to declare money in offshore accounts in countries that do not share information with HMRC will double. From April 6, the level of fines for failing to declare money held in offshore accounts, for the purposes of income tax or capital gains tax, will be linked to the tax transparency […]

IFP aims to customise level 4 exam as gap-fill alternative

The Institute of Financial Planning is in discussions with qualification provider Calibrand about developing a customised version of its QCF level four diploma as an alternative to gap-filling. The FSA told advisers last June that they would be able to meet RDR qualifications by plugging any gaps in their existing qualifications. The FSA also confirmed […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment