View more on these topics

Skipton ditches redemption lock-ins

Skipton Building Society is launching a range of mortgages with no redemption tie-ins.

All loans will have one months&#39 interest penalty on repayment of the loan. There will be no penalty for part capital repayments.

The range offers the choice of three loans, the base rate tracker which tracks the Bank of England base rate and offers a discount for one year, the fees free which offers free valuation and legal fees, a discount plus a £250 cashback or the discount plus mortgage offering a two year discount.

Procuration fees start at £100 but vary depending on the intermediaries relationship with the society.


West Bromwich Building Society rejects Hardern

West Bromwich Building Society has thrown out a conversion resolution proposed by carpetbagger in chief Michael Hardern.The motion supported by 50 West Brom members, proposed the society takes steps toward demutualisation.But the society has rejected the resolution following legal advice that it was invalid.

Despite the War Europe is still looking a good bet

Investment bank Sarasin is telling investors that despite the conflict in Kosovo and political turmoil in the EU, Europe still represents a very good investment opportunity.It says the real threat comes from overvalued blue chips in the USA and not from Europe. Those thinking of selling stock should think again. It says: &#34Europe offers a […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment