Hargreaves Lansdown has earned a CATmark for its active tracking fund ISA. This means the firm commits to keeping charges at 1 per cent a year, with no initial charge. The active tracking fund gives you the chance to put money into a fund that uses active managers who use their judgement to screen out poor performers in the FT-SE 100 index, rather than buying all the shares (as a normal tracker does). For more details call 0117- 988 9880.
Leeds & Holbeck building society has a new five-year discount mortgage, giving the guarantee that you will never pay more than 1 per cent more than the Bank of England interest rate. Borrowers can make lump sum repayments at any time, there is no application fee and no early repayment penalty. Maximum loan is 90 per cent of the value of the property. Call 0800 072 5726.Reuse content