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Sun Bank – Stretch

Tuesday, 17th October 2000.

Type: Discounted-rate flexible mortgage.

Discounted term: Until March 31, 2001.

Discount: 1.5 per cent.

Payable rate: 5.49 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 90 per cent of valuation subject to a maximum of £200,000, up to 75 per cent of valuation subject to a maximum of £500,000.

Income multiples; 3.5 times principal income plus second or 2.75 times joint.

Features: Overpayments, underpayments, payment holidays, lump-sum withdrawals, interest calculated daily.

Arrangement fee: None.

Redemption fee: None.

Conditions: None.

Introducer&#39s fee: 0.2 per cent of maximum loan.

Tel: 01438 744747.


Canada Life International – Offshore Savings Account

Tuesday, 17th October 2000.Type: Offshore unit-linked bond.Aim: Growth by investing in Canada Life funds and externally managed funds.Minimum investment: Annual £2,500, monthly £250. Place of registration: Isle of Man.Investment split: One or more of following funds: Canada Life funds – guaranteed money (sterling), guaranteed money (dollar), guaranteed money euro, gilt & fixed interest, income, growth. […]

Don&#39t stop flying the Standard

The financial services industry has attracted criticism in recent years for its over-emphasis on offering att-ractive deals for new clients at the expense of existing customers.The arrival of stakeholder pensions and the media spotlight on mortgage endowments are clearly two of the major issues facing the ind-ustry today and they have at their heart the […]

Royal & SunAlliance – Group Critical Illness Plan

Tuesday, 17th October 2000.Type: Single premium group critical illness plan.Minimum cover: £200,000.Maximum cover: Employees – £500,000, employee&#39s spouse – £125,000, children – £25,000.Illnesses covered: Core illnesses – cancer, heart attack, coronary artery bypass surgery, kidney failure, major organ transplant, multiple sclerosis, stroke. Additional illnesses – Aorta graft surgery, Alzheimer&#39s disease, benign brain tumour, blindness, coma, […]

Cheltenham & Gloucester – Two-Year Fixed Rate Bond

Tuesday, 17th October 2000.Type: Instant access savings account.Minimim-maximum investment: £500-£3m.Interest rates: 6.5 per cent gross a year, 6.31 per cent gross a month.Term: Until September 30, 2002.Offer period: Until further notice.Withdrawal penalties: Loss of 120 days&#39 interest during term.Tel: 0800 717505.


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