View more on these topics

Sun Bank cuts rates

Sun Bank is reducing interest rates across its mortgage products in response to the lowest bank base rates since 1963.

Flexible mortgages with a discount to July 1, 2002 are now at 3.99 per cent. Fixed rates of 3.99 per cent are available to January 1, 2004. Other rates apply for different terms.

Discounted variable rates are available from 3.99 per cent, including a discount of 2.25 per cent for loans with an LTV less than 75 per cent or 4.24 per cent including a discount of 2 per cent for loans with an LTV more than 75 per cent.

Marketing and sales director Chris Cummings says: “These interest rates offer some truly competitive options for clients, especially those looking to lock in to a fixed rate or obtain a discount.”


Inside Edge – Tony Kempster

“Is increasing revenue the key business issue for IFAs rather than reducing costs?”No doubt many readers will recognise this as one of the questions posed by the Sandler review. It is indeed an important question and how it is interpreted is even more important. But let&#39s say any provider in the industry was to ask […]

St James&#39s Place sees new business up 16 per cent

St James&#39s Place Capital saw its business grow by 16 per cent to £152m in the nine months to September 30, from £131m for the same period in 2000.Pension business grew by 36 per cent over the period to £35m from £26m, and life business grew by 4 per cent to £17 per cent from […]

Pru to ditch Scot Am brand

Prudential is to ditch the Scottish Amicable brand as part of a major re-structuring. Money Marketing had revealed earlier this year that the brand was up for review, but the re-strcturing also includes Prudential selling its general insurance business to Winterthur, who will merge the new business with their Churchill operation.Prudential also announced that a […]

One in four intend to move home next year

One in four people are looking to move house in the next 12 months, with more than half expecting the value of their property to rise, according to the Yorkshire Bank.Yorkshire&#39s housebuyers&#39 survey covered more than 2,000 adults across the country and will be conducted every quarter to monitor attitudes in the property market.It believes […]

Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment