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Sun Bank launches buy to let range

Specialist lender Sun Bank has launched a buy to let range of products including two year fixed rates from 4.99 per cent and discounted rates from 4.34 per cent.

The new range includes a buy to let for beginners, one for the experienced landlord, an ex-pat buy to let, foreign national loan, corporate product, offshore company buy to let and a let to buy for those wishing to let out their existing homes while they buy a new one.

Loans are available at 80 per cent LTV, with the percentage rent to mortgage payment reduced to 130 per cent.

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Friday, March 1, 2002Type: Unitised with-profits endowmentAim: Growth by investing in the Liverpool Victoria with-profits fundMinimum sum assured/premium: £4,500/£50 a month, £600 ayearMinimum-maximum term: 10 yearsFund links: With-profitsCharges: Initial charge version – initial subject to negotiation, annualimplicit. Level charge version – annual 0.32%Options: Waiver of premiumCommission: Initial 130% of Lautro, renewal 2.5%Tel: 0845 6020690

Philip Williamson

Lives: Haywards Heath, Sussex.Born: December 11, 1947.Age: 54Education and qualifications: Caldy Grange School, Wirral; degree in economics from Newcastle University.Career to date: Lloyds Bank 1970/88; UK Land director 1988/91; Nationwide 1991 to date, promoted to divisional director in 1994, appointed to board in 1996, chief executive since January 2002.Career ambition: Achieved. “Happy to retire in […]

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Pinpoint school fees planning

Jeremy Pearson is Technical Support Manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. Many parents value the standard of education offered by […]

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