UK: SELF-BUILD MORTGAGE FROM BRITANNIA
Article Abstract:
A Self-Build mortgage, developed in collaboration with Buildstore, is available from the Britannia Building Society, enabling UK mortgagees to purchase land and construct their home without selling their existing property. For year one the rate is base rate + 1.65% and for the second and third years base rate + 0.85%, falling lower in subsequent years. Early repayment penalties are chargeable. A mortgage specialist from London & Country Mortgages, Yohaness Kennard, advises borrowers to ensure that they can afford to pay for two homes at once.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: CHARCOL LAUNCHES DIVORCEE MORTGAGE
Article Abstract:
Charcol has introduced its Divorcee Mortgage for ex-spouses who receive regular maintenance payments. Currently, divorcees are not allowed to take out a mortgage unless they have a guarantor or go through the courts, but the Divorcee Mortgage only requires a solicitor's letter to confirm maintenance. Two mortgages are on offer via Bank of Scotland. One is a standard mortgage and lends up to 80% LTV, while the second has flexible facilities and is for up to 75% of LTV.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: NORTHERN ROCK LAUNCHES FLEXIBLE FIXED MORTGAGE
Article Abstract:
Northern Rock has launched a flexible fixed rate mortgage (5.99%), available on a maximum of 95% LTV, over one, two, three, five or seven years. Together Connections is also available offering a mortgage with connected savings and current accounts, with rates ranging from 6.39% on 75% LTV, to 6.79% on 95% LTV.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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- Abstracts: UK: FIXED RATE 25-YEAR MORTGAGE FROM MBS. UK: CHELSEA AND NORWICH OFFER DISCOUNTED MORTGAGE. UK: VERSO AND TMO OFFER SELF-CERTIFICATION PRODUCT
- Abstracts: UK: MCCB REPORT CRITICAL OF MORTGAGE SITES. UK: CHELTENHAM & GLOUCESTER CUTS MORTGAGE RATE. UK: YOUR MORTGAGE AWARDS PRESENTED
- Abstracts: UK: SKIPTON BUILDING SOCIETY LAUNCHES TRACKER BOND. UK: SKIPTON LAUNCHES TRACKER MORTGAGE. UK: SKIPTON ANNOUNCES FIXED RATE BOND
- Abstracts: UK: COFUNDS EXPANDS. UK: SCOTTISH EQUITABLE LAUNCHES MVAS. UK: FIDELITY, AMVESCAP, AND SCHRODERS LEAD MARKET
- Abstracts: UK: SCARBOROUGH LAUNCHES TRACKER MORTGAGE. UK: SVR MORTGAGE RATE FROM PORTMAN FALLS. UK: LENDERS' DEAL TO LAUNCH NEW STEP DOWN MORTGAGE