Sunday 09 April 1995
NATIONAL POWER was the most popular share for private investors to buy last month, as shareholders topped up their holdings after the issue was scaled down, according to Fidelity Brokerage.
ABBEY NATIONAL is offering new variable rate discount mortgages until July next year at an initial 2.99 per cent for existing customers and 3.15 per cent for first-time buyers and remortgages. Discount rates start at 6.5 per cent until June 1998 and 7.25 per cent until June 2000 for loans under 75 per cent of valuation. Rates for 95 per cent loans range from 3.65 per cent to 7.54 per cent.
NATWEST has launched two new short-term fixed-rate mortgages at 6.49 per cent for first-time buyers and 6.99 per cent for others, until July 1997. First-time buyers pay a £100 arrangement fee, others pay £250, but cashbacks of up to £450 are available on applications before the end of April.
C&G Channel Islands is paying 5.5 per cent gross on £10,000 and 6 per cent gross on up to £25,000 from Monday. Woolwich has launched a two-year fixed-rate bond paying 8 per cent gross annually or 7.72 per cent monthly. Minimum amounts are £500 and early withdrawal is not permitted.
BIRMINGHAM MIDSHIRES is offering new discount and fixed-rate mortgages. These are 2.9 per cent off for two years, plus a £500 cashback with a four-year lock-in period, or 3.5 per cent off for 18 months plus £200 cashback, free survey and low-cost legal fees. There is also a 2.49 per cent fixed rate for a year, 6.74 per cent fixed for two years and 8.49 per cent fixed for four years, with three-, four- and five-year lock-ins respectively.
NORWICH & Peterborough Building Society has extended its Builder's Cashback mortgage scheme to cover part-exchanged properties where a builder re- sells property that he has taken in part exchange in order to sell a newly built home.
BARCLAYS BANK has just launched a fixed-rate Investment Bond, offering up to 7.75 per cent a year gross. The minimum investment is £10,000 and the maximum £1m.
- 1 Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
- 2 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Professional big game hunter Ian Gibson crushed to death by elephant during hunt
- 4 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
- 5 Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
Yemen crisis: Meet the child soldiers who have forsaken books for Kalashnikovs
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Professional big game hunter Ian Gibson crushed to death by elephant during hunt
Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
iJobs Money & Business
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£50000 - £667000 per annum + excellent benefits : Ashdown Group: IT Manager / ...
£13000 - £20000 per annum: Recruitment Genius: Scotland's leading life insuran...
£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...