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The Co-Operative Bank – Green Low-Cost Flexible Mortgage

Thursday, 12th October 2000.

Type: Discounted rate flexible mortgage.

Discounted term: Six months.

Discount: 0.6 per cent.

Payable rate: Loans of up to 75 per cent of valuation &#45 6.25 per cent, loans of 75 &#45 95 per cent of valuation &#45 6.45.

Minimum loan: £10,000.

Maximum loan: 95 per cent of valuation subject to no maximum.

Income multiples: Three times principal income plus second or 2.5 times joint.

Features: Overpayments, underpayments, payment holidays, daily interest, lump sum withdrawal.

Arrangement fee: None.

Redemption fee: None.

Conditions: Annual donation of £10 to Climate Care, first £200 of legal fees paid.

Introducer&#39s fee: None.

Tel: 0800 0 288 288.


AIB Govett Asset Managers – European Technology Fund

Friday, 13th October 2000.Type: Open-ended investment company.Aim: Growth by investing in European technology.Minimum investment: £500 lump sum, £25 a month.Investment split: Communications equipment 32 per cent, telecommunications 12 per cent, IT & consulting services 12 per cent, pharmaceuticals and biotechnology 11 per cent, media 11 per cent, capital goods 7 per cent, household durables 6 […]

Warburg dives in with an ad splash

Investment banking giant UBS Warburg is launching a new worldwide advertising campaign focusing on the group&#39s investment performance and efficiency.The campaign will be built around the slogan “Success Demands More” and aims to push the bank&#39s investment services to a wider audience.It will feature in finan-cial publications across the world and on the internet throughout […]

Chase Fleming Asset Management – US Dollar Bond Fund

Thursday, 12th October 2000.Type: SICAV.Aim: Income from investing in American securities.Minimum investment: $10,000.Place of registration: Luxemburg.Investment split: Corporate bonds 35 per cent, mortgage-backed securities 35 per cent, US Treasury bills 22 per cent, asset backed securities 7 per cent, collateralised mortgage-backed securities 1 per cent.Yield: 7.68 per cent.Charges: Initial 3 per cent, annual 0.75 per […]

MCCB sets out framework for qualifications

The Mortgage Code Compliance Board has unveiled plans for a new regulatory framework for mortgage advisers.The proposals are part of a consultation process aimed at heightening consumer protection by plugging the gaps left by the FSA&#39s failure to regulate mortgage advice.The MCCB is proposing all registered firms must ensure their advisers hold either the Certificate […]


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