View more on these topics

UCB fund launch of self-cert product with mortgage distributors

UCB Home Loans is funding the launch of an exclusive two year fixed self-cert mortgage with Openwork and Premier Mortgage Service.

The product has a rate fixed at 4.99% (APR 6.7%) for two years and provides both purchase and remortgage customers with a free standard valuation, a saving in up front fees of between 230 and 730.

There is no overhang redemption penalty after the first two years and borrowers can also make overpayments up to 500 per month. The product is available up to 85% LTV, is portable and can be used for capital raising. There is an arrangement fee of 330 and reservation fee of 75.

John Malone, managing director of PMS says: As one of PMS founder lending partners, we are delighted to launch such a competitive self-certification product.

Karen Hedges from Openwork says: With so many lenders incentivising remortgage products at the moment, its refreshing to see a product with a free valuation on purchase business too, whilst at the same time giving customers a very competitive rate. I fully expect this product to be popular with our members.


Good cover products must not be lumped with the bad

From Steve Clowes In response to the super complaint lodged with the Office of Fair Trading by the Citizens Advice Bureau, as a responsible practitioner in the payment protection market I welcome any independent review that helps the FSA stamp out non-compliant fringe markets and the anti-consumer practices that regrettably occur. But I am concerned […]

Gay FA is Young Business Person of the Year

Chris Morgan, managing director of Compass Independent Financial Advisers and Pink Investment, has been awarded the Barclays Young Business Person of the Year, at the Gay and Lesbian wards 2005.The awards were held on Friday September 30 at the Savoy Hotel In London, in front of a star studded audience. Notable Celebrities, including Cilla Black,Lulu,Kelly […]

Bankhall unveils fresh look at Monte Carlo event

Bankhall unveiled a new corporate identity at its annual sales conference in Monte Carlo – the first change to its look since its launch in 1993. The introduction of a fresh corporate identity is just part of a major overhaul at Bankhall under the direction of chief executive Peter Mann. This has included a review […]

AIFA unveils survey on the impact of depolarisation

The Association of Independent Financial Advisers announced today that a survey of its members on the initial impact of depolarisation found that the vast majority of business carried out across investments, pensions and mortgages is being transacted on an independent basis. The AIFA / NMG IFA Census survey asked members what type of advice they […]

InFocus - thumbnail

In Focus — February 2015

Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.


News and expert analysis straight to your inbox

Sign up