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Skipton launches mortgage discount scheme

Skipton is launching a mortgage discount scheme which reduces the interest rate of borrowers’ loans the longer they have been with the society.

The scheme will automatically apply a 0.3 per cent discount off Skipton’s variable rate of 6.9 per cent after a mortgage has been held for two years and a 0.5 per cent discount after four years.

Borrowers on special deals and within redemption penalty periods will also benefit from the discounts.


Royal London chosen by JJB for stakeholder

Sports retailer JJB Sports has chosen Royal London as stakeholder provider to its 11,000 employees across the UK.Royal London will be offering stakeholder pensions through both its contact centre and its direct sales force, with employees having the option of being taken through a decision tree or receiving advice on their pension.Royal London chief executive, […]

Leeds & Holbeck – Two Year Mini Cash Isa

Tuesday, 26 June 2001.Type: Mini cash Isa.Minimum investment: £1.Maximum investment: £3,000.Catmarked: No.Interest rate: 6 per cent.Charges: None.Commission: None.Tel: 0121 643 6741.

Misys announces purchase of US healthcare business

Misys has continued its shopping spree with the announcement it is purchasing Sunquest, the US healthcare systems business for £279m. Sunquest will join Misys owned Medic Computer Systems in providing practice management and medical record systems to US doctors. The software and services group, which just last week announced it was making an offer for […]

Portman revamps loan range as rate rises are forecast

Portman Building Society is raising the rates on its range of fixedmortgages as it believes interest rates will rise over the coming months. Its fixed-rate loans start with a product fixed at 3.99 per cent untilAugust 2003, up from 3.49 per cent, with a facility to repay up to 5 percent of the capital borrowed […]

Powerful estate planning tools ignored or forgotten by wealthy Brits

Canada Life IHT Survey 2016 Only a quarter of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than required More than a quarter don’t even have a will and just one in five have gifted money Many say they do not need these tools but families would […]


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