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Newcastle launches five-year fixed rate

Newcastle has added to its mortgage range with the launch of a five-year fixedrate mortgage at a rate of 5.05% until January 31, 2012.

The product offers 95% LTV and a free standard valuation for remortgages worth up to £410 or a £250 cashback and is not subject to any higher lending charges up to 90% LTV.

The mortgage offers a minimum loan of £15,000 and a maximum loan of £500,000.

Steve Urwin, senior executive marketing and new media at Newcastle, says: “Given the uncertainties over potential base rate rises over the coming months we are very pleased to be expanding our product range and offering our customers a leading fixed rate mortgage deal.

“This product offers buyers the opportunity to fix their repayments for five years with the certainty that there will be no change; regardless of Bank of England decisions. With a choice of a free valuation up to £410, or £250 cashback, this mortgage is suitable for most borrowers, whether they are remortgaging or first time buyers looking for as much financial help as possible”


Political intervention is harmful

A leading Danish economist has warned that political intervention in the housing market can have a harmful effect. Speaking at the European Mortgage Federation conference in Brussels last week, Sune Worm Mortensen, chief economist at RealKredit Denmarket, told delegates that over the past 20 years in Denmark all the major shifts in house prices have […]

Pink to hold AR conference

Pink Home Loans is to hold its first annual appointed representatives sales conference on February 8 next year. The conference will host an array of guest speakers who will be sharing their views on topical issues. There will also be presentations from Pink and networking to share ideas will be encouraged. The conference will be […]

Estate agents win Ashes tickets and its Australian cousin, has given two UK estate agents tickets to see the Ashes in Australia.Simon Bradbury from Thomas Morris in St. Ives, Cambridgeshire and Gareth Fatchett from Chamberlains in Birmingham each won two tickets to Sydney over the New Year in the draw. Both winners will enjoy a seven night […]

Conti gets into Corsican market

Conti Financial Services is providing mortgages for properties in Corsica. With interest rates from 3.95%, Conti is confident the deals will be popular. The move into Corsica is a first for Conti as it continues to expand its range of overseas deals. Simon Conn, managing director of Conti Financial Services, says: “We’ve received a number […]

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations


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