View more on these topics

Skipton discounts for first time buyers for two years

Skipton Building Society


FIRST TIME BUYER MORTGAGE


Discounted term: Two years.


Discounted rate: 1 per cent.


Payable rate: 7.8 per cent.


Minimum loan: £5,000.


Maximum loan: Up to 95 per cent of valuation.


Income multiples: 3.25 times principal income plus second or 2.5 times joint.


Arrangement fee: Nil.


Cashback: £250.


Redemption fee: 5 per cent in first five years.


Conditions: Two compulsory insurance from choice of home & contents, homeplan (enhanced buildings and contents) and accident, sickness and unemployment insurance.


Introducer&#39s fee: Currently under review.


Tel: 0345 171777.

Recommended

Furness Building Society fixes at 6.5 per cent for five years

Furness Building SocietyFIXED RATE MORTGAGEFixed term: Until September 30, 2003.Fixed rate: 6.5 per cent.Minimum loan: £20,000.Maximum loan: Up to 80 per cent of valuation subject to a maximum of £250,000.Income multiples: Three times principal income plus second or 2.5 times joint.Arrangement fee: £295.Redemption fee: 5 per cent in first five years.Conditions: None, but free accident, […]

Norwich Union updates its bond range

Norwich UnionINVESTMENT BONDSType: Applicable to FlexiBond, Bicentenary Bond and Managed Portfolio.Allocation rates: Increased rates for FlexiBond and Managed Portfolio. FlexiBond – investments of £5,000 to £14,999 – 100 per cent, £15,000 to £24,999 – 101.5 per cent, £25,000 to £49,999 – 102.75 per cent and £50,000 plus – 103 per cent. Managed Portfolio – investments […]

A1 Office Assistant look for Enterprising Investment

ENTERPRISE INVESTMENT SCHEMESA1 Office AssistantA1 OFFICE ASSISTANT PLCAim: To provide capital growth through investment in an office stationery company set up under EIS qualifying rules.Minimum investment: £1,000.Closing date: October 30, 1998.Charges: Initial – up to 5 per cent depending on if and/or how much commission is taken.Commission: 5 per cent.Tel: 0171 583 2787.

Clerical Medical puts IFA &#39chatline&#39 in new Website

Clerical Medical is launching a new website which includes a on-line discussion site where IFA net heads can swap experiences and talk over their problems.The public can also access the site but it is 80 per cent dedicated to IFAs and includes a &#39Find an IFA&#39 service for consumers.It also provides full products and services […]

Craig Inches – thoughts on how to preserve capital and generate income in an inflationary environment

In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment