View more on these topics

West Bromwich Building Society – Fixed Flexi Mortgage

Flexible fixed-rate mortgage

Fixed term:
Two years

Fixed rate:

Minimum loan:

Maximum loan:
Up to 95% of valuation subject to a maximum of £500,000

Income multiples:
Up to 3.75 times principal income plus second or three times joint

Capital repayments of up to 10% a year allowed without penalty, six months&#39 free mortgage payment protection insurance, refunded valuation up to £350, £300 cashback, free legal fees for remortgages

Flexible features: Overpayments, underpayments, payment holidays, interest calculated daily

Arrangement fee:

Redemption fee:
3% of amount repaid in first two years, thereafter interest to the end of the month

Introducer&#39s fee:
0.35% of original loan

Tel: 0845 456 7418


Which? claims ABI&#39s contracting-out factsheet &#39implies serious concerns&#39

Six million pension policyholders are to receive a factsheet aimed at helping them decide whether to stay contracted out or rejoin the state second pension. The factsheet, produced by the ABI and Aifa, will be sent out by life and pension companies as well as IFAs over the next three months. But Which? magazine has […]

Personal Finance Society name gets thumbs down

The name of the proposed merger between Sofa and the LIA – the Personal Finance Society – has been overwhelmingly rejected in a Money Marketing poll. Eighty six per cent of advisers are not in favour of the proposed name, with just 14 per cent approving, according to a poll of 505 advisers carried out […]

Managing the graduate trainee process

The purpose of the professional development contractThe process of developing graduate trainees through the main stages of their programme has to be carefully planned and managed. A manager needs to take responsibility for the programme and keep the progress of the trainee under review. The document outlining the whole process for the graduate traineeship is […]

Scottish Widows Bank reduces home equity loan interest rates

Scottish Widows Bank, the telephone based mortgage and deposits bank has reduced the interest rate on its Home Equity Loan from 7.29 per cent to 6.89 per cent from October 1. The home equity loan allows home owners over 60 to release capital tied up in their home. This is a fixed rate for the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment