UK: ABBEY NATIONAL ANNOUNCES NEW RANGE OF LOANS

Article Abstract:

Abbey National is offering a new range of discount and fixed loans. Examples of the fixed loan terms include three years at 5.65% for maximum LTV of 75% and a five-year loan fixed at 5.75% for a maximum LTV of 95%. The discounted tracker rates include three-year discounts at 5.55% for 75% LTV maximum and at 5.70% for a maximum of 95% LTV, plus a three-year discount, with GBu200 cash back, at 6% for a maximum of 95% LTV. Flexible loans include loans fixed for two years at 5.49% for up to 75% LTV and 5.65% for a 95% LTV maximum, with a three-year fix at 5.45% for a maximum 95% LTV and a two-year discount rate loan at 5.25% for a maximum 75% LTV.

Product introduction, Abbey National PLC

---

UK: UNEMPLOYMENT COVER AT RISK FROM GISC RULES

Article Abstract:

New rules introduced by the UK's General Insurance Standards Council (GISC) may result in providers axing unemployment cover instead of requiring IFAs to join the council. The rules require general insurance provision to be made through GISC-registered independent intermediaries. Zurich Life is prepared to withdraw its Comprehensive Mortgage Insurance mortgage payment protection plan, if IFAs are being required to join the GISC. Norwich Union is giving IFAs the opportunity to become tied agents.

Government regulation, Unemployment Insurance, Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs)

---

UK: E-LOAN AND INTELLIGENT FINANCE CO-OPERATE

Article Abstract:

Intelligent Finance and E-Loan have established direct links which will enable customers to access information and assistance from both sites more conveniently.

Joint ventures, E-Loan Inc., Intelligent Finance

Similar abstracts:

• Abstracts: UK: PERSONAL FINANCE KNOWLEDGE UNIMPORTANT TO PUBLIC. UK: PERMANENT COMMISSION RISES FOLLOWING ACQUISITION. UK: PUBLIC SCEPTICAL ABOUT USE OF GENETIC TESTS
• Abstracts: UK: HOMES BILL TO BE CHANGED TO PROTECT LENDERS. UK: LENDERS ADVOCATE TRACKER MORTGAGES. UK: MOODY'S DOWNGRADES CREDIT RATING FOR LENDERS
• Abstracts: UK: PRUDENTIAL INCREASES PROFIT ABROAD. UK: CREDIT DOWNGRADES FOR LIFE INDUSTRY. UK: PRUDENTIAL AND LEGAL & GENERAL HIGHLY RATED
• Abstracts: UK: INVESTMENT MANAGERS MERGE TO BECOME GERRARD. UK: CONFIDENCE IN FINANCIAL SERVICES FALLS

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.