Cash Points

Article excerpt

Skipton Building Society is offering a two-year fixed-rate mortgage at 5.19 per cent. After the offer period, discounts apply: 0.30 per cent off the variable rate (currently 5.7 per cent) in years three and four, then 0.5 per cent off the variable rate from year five onwards.

Borrowers can get up to 90 per cent loan to value (LTV). There is no mortgage indemnity guarantee, and flexible benefits are available (daily interest, overpayments and payment holidays). Up to 10 per cent of the capital can be repaid without charge in the first three years but an early redemption fee of 1 per cent applies during that period.

There is also a pounds 250 completion fee.

Contact: 0800 446776.

The London Price Guide, a comprehensive table of rental prices throughout London, is now available from Winkworth estate agents at www.winkworth.co.uk.

UCB Home Loans, Nationwide's specialist lender catering for those who need a self-certification mortgage, is introducing a two-year flexible tracker mortgage, a three-year tracker and a three-year buy- or-let tracker product.

The FlexiPlus two-year tracker follows the base rate plus 0.99 per cent for two years (giving a payable rate of 4.99 per cent) before reverting to the FlexiPlus variable rate of 5.99 per cent. The three-year tracker follows the base rate plus 1.19 per cent, reverting to the self-cert variable rate of 6.59 per cent. The buy- or-let three-year tracker follows the base rate plus 0.99 per cent, reverting to the base rate plus 1. …