Archive for the 'new product' Category

Coventry allows unlimited repayments on 3.99% mortgage

Coventry Building Society has announced plans to reduce the rates on its residential re-mortgage products.
The new lower rates include a 2-year fixed-rate deal at 3.5% with £999 fees at 65% loan to value.
The lender also revealed a new fixed-rate mortgage offering borrowers the opportunity to make unlimited overpayments without penalty.
The new range of unlimited repayment [...]

AA Credit Card: 0% on purchases for 10 months

The AA has launched a new credit card with a 0% interest rate on retail spending for 10 months.
The card, available exclusively through moneysupermarket.com, offers the 0% rate on all purchases including motoring and fuel.
Consumers can also take advantage of a 0% rate on balance transfers for 12 months, subject to a 3% handling fee.
The [...]

First Direct announces 2.75% one-year bond

Online bank First Direct has launched a new one-year fixed-rate bond paying interest at 2.75%.
The bond is only available to First Direct customers, and can be opened with a deposit of between £2,000 and £49,999.
No deposits or withdrawals can be made once the bond is opened. Customers who need to withdraw money from the [...]

The Coventry launches 4.25% bond

The Coventry Building Society has launched a new 30-month fixed-rate bond paying interest at 4.25%.
Savers can open the bond with an investment of between £1 and £250,000, and can choose between monthly and yearly interest payments.
No money can be withdrawn from the bond until it matures in August 2012.
The bonds are available online, over the [...]

Santander announces new two-year mortgages

Santander has launched new two year tracker and fixed rate mortgage products, and has reduced the rate on its five year fixed rate mortgage.
The two year mortgages are available to both first time buyers and home-owners at up to 70% loan-to-value (LTV)
Interest on the fixed-rate mortgage is 3.44%, while interest on the tracker mortgage is [...]

Clydesdale Bank launches 4.5% one-year bond

Clydesdale Bank has launched a new one-year fixed-rate bond paying interest at 4.5%.
The bond is exclusively available to customers also taking out an AXA investment product with the bank.
Savers must invest at least £2,000 in the bond, and the equivalent in an AXA investment product.
No withdrawals can be made from the bond. Customers who [...]