View more on these topics

B&W launches capped offsets

Bristol & West Mortgages is launching two offset mortgages with the added security of a capped rate.

Clients can choose either a 4.89% (base rate plus 0.89%) for the term of the mortgage capped at 5.89%, or opt for a deal at 4.99% (base rate plus 0.99%) for the term of the mortgage capped at 5.99% with free legals for remortgagers and free valuation.

Given the widely held belief that interest rates will continue to rise B&W says clients&#39 concerns that they will be unable to meet mortgage payments will be partly alleviated by these deals as the rates are guaranteed not to rise above the capped levels until June 2006.

The mortgages are available up to 90% LTV and allow overpayments, underpayments and payment holidays Bob Stanworth, senior product manager for Bristol & West, says: “This offers clients two competitive rates with the benefits of offsetting plus peace of mind.”


Industry figures voice concerns over HIPs

Leading players in the housing industry voiced considerable concerns about aspects of the Housing Bill during a parliamentary briefing organised by the National Association of Estate Agents last week. The briefing brought together representatives of the property industry to brief members of both the House of Commons and House of Lords with regard to concerns […]

Charcol launches two-year fixes

Charcol has launched a range of two-year fixed rate deals. The lower rate of 4.49% is available to both purchasers and remortgagers. There is also a deal specifically for remortgagers fixed at 4.69%. This product comes with a free valuation and free legals. Both deals come with early redemption charges for the first two years […]

Don&#39t become a post-Mortgage Day criminal, warns AMI

The Association of Mortgage Intermediaries has reminded brokers that they will be committing a criminal offence from Mortgage Day if they advise clients after this date without direct authorisation by the FSA or through a network. Firms seeking direct authorisation from the FSA have less than one week to submit their application before the regulator&#39s […]

West Brom offers car with Brum Brum mortgage

The West Bromwich and MG Rover launched their unique offer yesterday – a new Rover 25 when borrowers take out a Brum Brum mortgage with the society. The offer is open to first-time buyers and borrowers who remortgage to the West Bromwich. On top of a new car, the Brum Brum Mortgage also comes with […]

A guide to automatic re-enrolment

Since the introduction of auto-enrolment in 2012, it has been a popular topic in the press. Recent media focus has been geared towards small and micro employers; however attention is set to return to the UK’s largest businesses as they prepare for re-enrolment. Johnson Fleming has produced a useful guide that provides essential information to help you […]


News and expert analysis straight to your inbox

Sign up