Norwich and Peterborough has launched two long-term fixed rates. The 15-year fixed product has a rate of 5.48% while the 20-year deal has a 5.28% rate. Both have maximum LTVs of 90%.
West Brom for Intermediaries has switched its buy-to-let rental calculations to a fixed notional rate of 5.95%. If rates rise the calculation will remain unaffected.
Freedom Lending has reduced the pricing of its two and three-year fixed rates.Freedom’s prime self-cert two and three-year fixed rates are now from 5.73%, it’s buy-to-let with rental income for two and three-year fixed rates are now from 5.68%. The buy-to-let rental and earned income is also down, with the two and three-year fixed rates […]
The United Co-Operatives and its affinity partner Retirement Plus are to promote equity release plans through more than 900 outlets in the North of England, in the first equity release joint venture involving a major retailer.Retirement Plus will promote equity release through Uniteds food stores, pharmacies, travel agencies, car sales and funeral outlets, under an […]
A broker is calling on lead generation firms using call centres to supply transcripts to prove they are not cold calling.
Maybe not as frightening as coming face to face with the Daleks but the problem of how employees access their defined contribution (DC) pension schemes and ‘decumulate’ seems to be growing and exercising a lot of capable minds in the pensions world. With income drawdown on the increase (now the most popular form of ‘decumulation’ […]
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