Britannia has launched a two-year fixed rate mortgage offering a rate of 4.29% up to 95% LTV. This is a drop of 20 basis points as the previous rate was 4.49%. The initial rate on Britannia’s two-year discount tracker also falls to 4.35%.
The Abbey Residential Property Plan marketed in association with Knight Frank Corporate Finance closes to investment on November 4. This 10-year investment is designed to provide both capital protection and offer investors exposure to the UK residential property market without the risks that come from buying property as an investment. The Plan tracks the Halifax […]
Mortgage Intelligence has completed an exclusive deal with finance broker Norton Finance in the secured lending second charge sector whereby clients can borrow up to 125% LTV with a term from three to 30 years at interest rates starting from 6.3%. Norton will provide a same day decision in principle as well as keeping members […]
Furness, the North-West based mutual lender, has further developed into the sub-prime sector by announcing a distribution agreement with Mortgages PLC.Under the terms of the deal Furness will market the entire MPLC product range to intermediaries using jointly branded marketing and promotional material. A specialist team has been set up within the Furness Direct operation […]
The government is introducing a new rule linking building control by approved inspectors on new homes with designated housing warranty schemes.The Warranty Link Rule will increase competition and choice in building control across the whole range of regulated building work, whilst providing residential owner-occupiers with appropriate safeguards.Yvette Cooper, housing minister, says: “From today the WLR […]
The Swiss Re Group is a major reinsurer in the group risk market in the UK. As such, their Group Watch 2015 report is a useful indicator as to the current state of play in the area of employer sponsored group life, group income protection, and group critical illness markets.
News and expert analysis straight to your inboxSign up