View more on these topics

Preferred adds extra 0.25% discount to larger loans

Preferred Mortgages has added an extra discount of 0.25% on all loans over £200,000.

The extra discount means the total discount is now from 1.75%. The limited offer is available on all core range products until July 1 2005.

John Webster, business development director at Preferred, says: “With house prices continuing to increase, larger loans are becoming more common place. This additional discount is designed to give our customers extra help in the first year of the loan.”

Recommended

Will other mutuals follow Standard Life?

Europe&#39s largest mutual insurer Standard Life announced its proposal to demutualise earlier this month. The proposal will be put to its two million members at the annual general meeting in 2006. The insurer, currently in the middle of a business review, has also announced it is to cut 1,000 jobs by the end of 2004 […]

Bananas Inc launches three-year buy-to-let tracker deal

Packager Bananas Inc has launched a three-year buy-to-let tracker deal at base rate plus 0.8%. The deal has a current rate of 4.8% with LTVs available up to 85% with a lending limit of £300,000. Borrowers receive a £650 cashback payment upon completion of themortgage, which is being launched by Bananas Inc with the support […]

Lenders face up to the remortgaging paradox

Roger Hillier, product development manager at Mortgage Express Last year was the year of the remortgage and the figures speak for themselves. In 2003 industry figures demonstrated that the gross value of remortgaging was £120.8bn – an increase of 50% over the previous year. Remortgaging has undoubtedly become commonplace across the mainstream and specialist sectors […]

Mortgage Trust appointed to L&G mortgage club panel

Mortgage Trust has been appointed to the Legal & General mortgage club panel. The partnership is marked by the launch of a buy-to-let rate, exclusive to Legal & General mortgage club members of 5.39% fixed until June 30 2007. The rental income is calculated on the fixed rate. Mortgage Trust offers up to 85% LTV […]

Thumbnail

Employer iPMI responsibilities could continue to escalate, says Jelf

New laws in Dubai will put the burden of providing international private medical insurance (iPMI) firmly on the shoulders of the employer in order to maintain the country’s leading healthcare facilities. With 10,000 UK nationals having moved to the country since 2007 and only 16.5 per cent of the total 8.2 million people living there being Emiratis, Jelf Employee Benefits believes this move was inevitable and employer responsibilities could continue to escalate in future.

Newsletter

News and expert analysis straight to your inbox

Sign up