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Skipton cuts rate to 6.89 per cent

Skipton has cut the rate on its variable rate mortgage to 6.89 per cent.

This will bring the 3-year discount down to 3.89 per cent in the first year for loans up to 75 per cent LTV and 4.89 per cent for loans up to 95 per cent LTV.

Borrowers can repay up to 10 per cent of the initial loan each year without incurring any penalty.


Halifax launches advertising campaign for Isas

Halifax is spending £1.8m on a television advertising campaign to promote its range of tax free savings products.The main aim of the campaign is to increase the profile of its Individual Savings Account range which will be available from April 6.The bank says the campaign has been designed to raise awareness among its customers of […]

Guernsey sees funds under management recover in Q4 of 1998

Funds under management in Guernsey picked up in the last quarter of 1998 following falls in the second and third quarter.In the last quarter, the value of assets under management increased by just under £1bn, an increase of 6.6 per cent to reach £15.7bn.The total number of funds reached 393. Guernsey says that 33 other […]


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