View more on these topics

Catholic launches fixed product

The Catholic has released a one-year fixed product for new purchases and remortgages.

The Issue 1 mortgages, a one-year fix, has an initial interest of 2.9% for the first 12 months, then gives a discount off the SVR of 0.75% in years two and three.

This includes free valuations and free legals for remortgages.

There is a maximum loan of 550,000, with a maximum LTV of 80%.

James Gilbourne, chief executive of the Catholic, says: This scheme offers certainty for people wanting to fix their payments but also gives a highly competitive rate after 12 months.

“It is ideal for many people, especially those who have other pressures on their finances this year.

We look after our borrowers for life and this product means they may never need to look for another mortgage deal again.

Recommended

Freedom Lending makes underwriting appointments

Freedom Lending, the prime niche lending subsidiary of Merrill Lynch, has strengthened its underwriting and technical teams with four appointments:Neil Masey is a regional underwriting manager responsible for London, Essex and the South Coast. He was head of mortgage operations for Infinity Mortgages and was also an underwriting team manager with Preferred Mortgages.Geoff Atkinson is […]

BUDGET 2007: Employers to get 2K for skills training

Gordon Brown has revealed that the government will offer employers 2,000 to train young people in basic skills.The chancellor has set out plans to help young people learn the skills they need in industry by granting businesses this break for each employee. The government hopes this will help lower the rate of workers in industry […]

HIP conferences set for April

The Association of Home Information Pack Providers is to host two conferences in April to help estate agents and other industry figures prepare for the introduction of HIPs on June 1. The conferences will be held at the City of Manchester Stadium on April 16 and the Emirates Stadium in London on April 18.

Money Partners Touch appoints new BDM for South

Money Partners Touch, the direct-to-broker channel of Money Partners, has appointed Chris Pearson as business development manager for the South.Covering the area along the south coast and the South-West, Pearson will report directly to Martin Gilsenan, sales director at Money Partners Touch, and will be responsible for building relationships by marketing direct to brokers and […]

Newsletter

News and expert analysis straight to your inbox

Sign up