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Product launches of the week

Lucinda Beeman
Written By:
Lucinda Beeman
Posted:
Updated:
26/09/2014

The latest dual fuel tariff from npower is just one of the financial products to hit the market this week.

Mortgages

A new three year fixed rate mortgage – with a competitive rate of 3.24 per cent and £1,000 cashback – was launched by Leeds Building Society. The new deal is available up to 80 per cent loan to value and comes with a free standard valuation.

The Mortgage Works has reduced rates by up to 0.60 per cent on its Buy to Let and Let to Buy products.

Nationwide Building Society has relaunched its Help to Buy equity loan scheme.

Accord continued to stoke a rate war with three competitive two-year fixed rate deals for a limited period as it launches a ten-day buy-to-let sale.

Investments

The Royal Mint has launched an online gold bullion service for private investors, enabling them to buy gold bullion which can then be sent in coin form.

Guinness Asset Management is to launch a version of the Global Innovators strategy run by its US sister company Guinness Atkinson, targeting UK investors.

Fidelity Worldwide Investment has reduced the cost of its Multi Asset Allocator fund range. The funds will be available via FundsNetworkTM for 0.25 per cent fixed total ongoing fee. The price cuts will also be extended to other platforms where the funds will be available for 0.28 per cent (previously 0.7 per cent).

Technology entrepreneur Chris Hancock has launched crowd funding solution Crowd2Fund. The online financier supports five different funding models including debt and equity.

Hermes has partnered with Hong Kong based fund manager CSOP Asset Management to launch a China A Shares fund run by some of the country’s own up and coming stockpickers.

Energy

Npower has launched a new tariff. The ‘Intelligent Control – October 2016′ is an online dual fuel, direct debit fixed tariff that comes with the Nest Learning Thermostat with no upfront costs..