SKIPTON BUILDING Society is cutting the cost of its variable mortgage interest rates to 8.55 per cent. It is also launching a base Rate Tracker mortgage intended to follow the Bank of England's bank base rate, with a fixed differential of 0.75 per cent. Borrowers could opt for a cashflow mortgage, which gives a 2 per cent discount in the first two years, plus a further 1 per cent cashback in each of the next four. Call 0800 446776.Reuse content
BRISTOL & WEST is launching a new issue of its Guaranteed Equity Bonds, linked to the combined performance of the FTSE 100, the USA's Standard & Poor's 500 and the Japansese Nikkei share indexes. In one version of the bonds, all the money is invested in equities. The other places up to half the sum invested in a one-year fixed-rate bond paying 5 per cent gross in the first year, reducing risk slightly. Call 0800 202121.