Clydesdale Bank has launched a product range to brokers which includes a two-year capped offset mortgage, the first time the bank has offered a deal of this type.The range includes improvements to its traditional plus offset tracker deals available as capped products. The products are a traditional tracker at 0.19% to 0.24% over base rate, reverting to 0.55% over base for life after two years at 4.69% for purchase and 4.74% for remortgage. And a capped tracker at 0.39% to 0.44% over base, reverting to 0.55% base for life after two years is available at 4.89% for purchase and 4.94% for remortgage. Also on offer is an offset tracker at 4.89% for purchase and 4.94% for remortgage. A capped offset tracker is available at 4.99% for purchase and 5.04% for remortgage.
From Peter Wellingham As a specialist buy-to-let adviser also directly authorised by the Financial Services Authority, we are a long- standing user of Paragon for a number of our clients. Indeed, we have promoted its products heavily to our professional landlord clients in the past. Our reasons for recommending it have included that it will […]
One year on from regulation the equity release market has seen a tough period throughout with business levels on a plateau. Business this year is expected to remain at similar, or slightly lower, levels than 2004.
Education secretary Ruth Kelly and trade and industry secretary Alan Johnson says the Financial Services Skills Council has been successful in its bid to create a National Financial Services Academy. The NFSA is scheduled to open in September 2006, with an initial three centres in London, Manchester and Norwich. Further centres will be developed in […]
Network Data has launched a proposition for directly authorised intermediaries. The proposition offers a range of benefits, which include access to exclusive mortgage and insurance products, and free access to its mortgageLink software that now includes integrated access to the Mortgage Trading Exchange. Registration is free and also includes free software training courses and business […]
Holly Cassell, Assistant Manager of the Neptune UK Opportunities Fund The decision of the Federal Reserve not to raise US interest rates at its September meeting was met with surprise by many, and has been blamed by some as the chief catalyst for the global market volatility that followed. How does this affect the timing […]
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