Portman offers new savings option for over-60s
August 12, 2006
A new savings product is currently available to UK customers over the age of 60 with the Portman Building Society.
The package is a one-year fixed income bond with a rate, which the lender describes as “market-leading”, of 5.4 per cent AER, 5.27 per cent gross on balances of £5,000.
This amount is the minimum permitted investment [...]
John Charcol launches large loan offset tracker
August 10, 2006
A new offset tracker mortgage designed specifically for large loans has been launched by John Charcol at 0.51 per cent below the base rate, with an overall cost for comparison of 5.6 per cent APR.
This offer, with a rate of 4.24 per cent for two years, carries a fee of £2,499, but does not have [...]
Norwich Union: Get clued up on your beach bag
August 10, 2006
Insurance provider Norwich Union has issued advice to British holidaymakers, warning them to keep an eye on the possessions they carry around on holiday.
According to recent research, beach bags can now carry over £500 worth of goods, with accessories like digital cameras and designer sunglasses becoming popular among travellers.
Mobile phones have a typical value of [...]
Woolwich introduces ten-year mortgage
August 9, 2006
Woolwich, the mortgage-lending arm of Barclays, has launched a ten-year fixed-rate mortgage, which it claims “leads the market” at 4.98 per cent.
The offer is available at up to 80 per cent loan-to-value, or for borrowers who would prefer to borrow up to 95 per cent a rate of 5.29 per cent will be offered.
No higher [...]
American Express launches card defence
August 9, 2006
American Express Insurance Services is currently offering card defence, a facility allowing holidaymakers to store the details of their vital documents securely online.
The service allows customers to keep the details of important documentation, such as driving licences and passports, online, allowing them to view the items from anywhere in the world.
According to the company, a [...]
Savings accounts most popular product for friendly advice
August 8, 2006
Adults in the UK are more likely to ask a friend for financial advice than they are for tips on fashion, home interiors or cars, according to Alliance & Leicester, with savings accounts the most regularly asked-about product.
Some 24 per cent of respondents to the survey said they would take advice on savings accounts from [...]
Leeds launches long-term offering
August 8, 2006
A new ten-year fixed-rate mortgage has been launched by the Leeds Building Society at 5.19 per cent.
There is no higher lending charge on the offer up to 90 per cent loan-to-value (LTV) and a maximum LTV of 95 per cent is available.
A completion fee of 0.5 per cent of the loan amount also applies, as [...]
Brits lose £144.5m a month keeping home insurance
August 8, 2006
Insurance provider Barclays has released a report claiming that the people of Britain collectively waste £144.5 million a month by not switching their home insurance.
This totals an average of £1.7 billion a year, equivalent to £112.95 per household, and is largely down to the reluctance that customers have to switch their existing policy.
Every month that [...]
Leeds launches new fixed-rate mortgage
August 7, 2006
The Leeds Building Society has introduced a new three-year fixed-rate mortgage at a rate of 4.49 per cent.
According to the lender, this is currently the best deal of its kind available on the market and could prove interesting to customers who want to “lock in good value” following the recent rise in base rate.
The product [...]
Leeds offering new savings bond
August 7, 2006
A savings bond with a fixed rate of 4.75 per cent in the first year and 5.5 per cent in the second has been launched by the Leeds Building Society.
These rates will be paid if interest is received on an annual basis, in which case payments will commence on September 30th. If interest is received [...]
