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Britannia launchs three-year fixed rate deposit account

Britannia International has launched a three-year fixed rate deposit account, paying up to 4.65% gross p.a./A.E.R.

Available immediately for investments of 1,000 or more, the three-year fixed rate deposit issue 14 also offers a monthly income option with a fixed rate of 4.50% gross p.a. (4.59% A.E.R.). The maximum deposit is 1m. Additional deposits or withdrawals are not permitted.

Peter Mansfield, international managing director at Britannia, says: “With speculation suggesting a further fall in base rate, this is an excellent opportunity to invest at a highly attractive rate that is guaranteed for a full three years. And with the monthly rate fixed at 4.50%, its ideal for those investors looking for an assured level of monthly income.”

The three-year fixed rate deposit issue 14 complements Britannia’s existing one-year fixed rate deposit issue seven, which offers an annual rate of up to 4.50% and a monthly rate of up to 4.20%.


Bernanke to replace Greenspan as head of US Federal Reserve

Alan Greenspan, the chairman of the US Federal Reserve who was once described as “the greatest central banker who ever lived”, is to be replaced in January by former Federal Reserve governor Ben Bernanke. Greenspan has been in charge of US monetary policy for 18 years, and has seen two stock market crashes and two […]

Online approval for Kensington

Kensington’s online facility has been commended by intermediaries for its innovative ways of producing applications, decisions in principle and Key Facts Illustrations. The firms says the system, which was launched earlier this year, is hailed by brokers as a little-known industry treasure, as it provides brokers with flexible access and end to end support.

Pink offers B2L deal at 5.19%

Pink Home Loans has unveiled an 89% LTV buy-to-let product funded by GMAC-RFC.This product offers an increased LTV up to 89%, a competitive rate of 5.19% fixed until January 1 2009. The product is available for purchases only and has no higher lending charge or early repayment charge overhang.Dev Malle, sales director at Pink, says: […]

The Woolwich to launch lifetime tracker range

The Woolwich is launching a lifetime tracker range which includes a offset deal at 0.59% above base rate (currently 5.09%) on November 2. Alongside the offset deal it will also provide all new fixed rate mortgages with a built-in lifetime tracker to give borrowers a guarantee for life after their fixed rate period ends.Andy Gray, […]


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