UK: ABBEY NATIONAL REVISE LOAN RATES
Article Abstract:
Abbey National has revised mortgage rates for fixed, capped and discounted products. New rates include a two-year discount at 5.99% for loans up to 90% of its property value. A three-year discount is available at 6.49%, a discount of 1.25%, for loans up to 95% of the value of the property. A three-year discount of 1.25% is also available to first-time buyers.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2000
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UK: NEW FIXED-RATE MORTGAGES FROM ABBEY NATIONAL
Article Abstract:
A new range of fixed-rate mortgages is available from Abbey National. Those who remortgage with Abbey National are offered a free valuation and the services of a solicitor, or GBu 250 cashback. An independent adviser, Ian Muscat, of the Millfield Partnership of Slough, UK, praises the products as being inexpensive compared with those of the Halifax. He would not advise borrowers to take a five year deal at 5.79% for 95% loan-to-value (LTV), but likes the two-year deals, at 5.69% up to 95% LTV and 5.49% up to 75% LTV. There is also a three year deal and a flexible option.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: NORWICH LAUNCH NEW 100% LOAN WITH NO MIG
Article Abstract:
Norwich Union, in association with Royal Bank of Scotland, has launched a 100% mortgage with no Mig, offering, until May 2003, a discount of 1.25% off the standard variable rate of 7.99%. Borrowers are also permitted to add valuation and legal fees, up to a maximum GBu1,000, to the loan. The minimum loan amount is GBu 40,000, and the maximum GBu 150,000. The IFA procuration of Norwich Union is 0.45% for loans between GBu 25,000-75,000 and 0.55% for loans more than GBu 75,000, up to a maximum of GBun 1,500.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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