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GE lowers rate

GE Life has lowered its lifetime mortgage interest rate from 6.09% to 5.95%, as well as reinstating its 250 cashback facility.

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Cameron proposes “radical” housing scheme

David Cameron has put forward a radical idea for increasing home ownership – by converting rent payments on social housing into mortgage repayments. Speaking at a conference on first-time buyers, the leader of the opposition party revealed his public service review group is due to consider proposals for this new type of Right to Buy […]

Westhill issues Bulgarian property guide

UK-based property Westhill Investments has issued a buyers’ guide for potential investors in the Bulgarian property market.The move follows Westhill executives encountering a number of disappointedbuyers who have made fundamental errors when it comes to purchasing property abroad.Dominic Hicks, director at Westhill, says: “It’s in no one’s long-term interest to have disappointed customers – we […]

BOS make changes to remortgage range

Bank of Scotland Mortgages has introduced seven new products to its remortgage range.The changes include, atwo-year tracker at 4.89% for loans up to 500,000. This product has no arrangement fee.A 4.69% two-year tracker with a 499 arrangement fee has also been introduced. This product is available for loans up to 500,000. A 4.44% two-year tracker […]

A&L extends specialist mortgage range

Alliance & Leicester is extending its current range of specialist mortgages. The new mortgage range is available immediately and includes a buy-to-let product with rental cover of 115% required at product pay rate on three-year fixed and three-year tracker products. It also offers a two-year buy-to-let tracker at 4.94% with a maximum LTV of 75% […]

Income protection

Reassuringly focused on claims

By Ross Jackson, senior protection marketing manager We’re sure you’ll have heard your customers say ‘But insurance companies don’t pay claims’ when giving a reason for not wanting to take out protection. In fact, our State of the Protection Nation research showed that 27 per cent of consumers asked didn’t think protection providers paid out […]

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