Product launches of the week
Post Office has expanded its mortgage range to include new buy-to-let and residential mortgage deals, including a three year fixed deal at 75 per cent loan-to-value (LTV) with an interest rate of 2.48 per cent.
Skipton Building Society is set to reduce rates across its three and five-year fixed rate residential mortgages and add new products to the range.
Lloyds Bank has launched an offer giving first time buyers and homemovers an iPad. You must apply between 7 October and 27 November, 2014.
Barclays has launched a limited edition mortgage range which includes a loan-to-value extension of its 1.94 per cent two-year fixed rate from 60 per cent to 75 per cent LTV, from 2 October.
Nationwide has reduced the cost of its home emergency cover by a third. The price is now £20.14 per annum, providing 24 hour assistance and cover of up to £500.
State Street Global Advisors is the latest ETF provider to slash fees on a range of its European products.
Caxton FX, the foreign exchange and fin-tech international payments business, has launched the Caxton FX Bond:2 to fund the next stage of its growth. Caxton FX Bond:2 will again offer investors the opportunity to purchase bonds with 7.25 per cent gross annual rate of return over a four year initial fixed-term period.
Vanguard has expanded its exchange-traded fund range with four funds offering exposure to the UK, European and developed world equity markets.
Morningstar has launched two income portfolios to be actively managed by its Morningstar OBSR Managed Portfolios team.
NatWest and RBS have extended their Cashback Plus loyalty scheme to their new credit card. Customers will earn 0.5 per cent cash back on all purchases, plus one per cent on all supermarket shopping and an additional one per cent on contactless transactions until 31 March 2015.
The American Express Nectar Credit Card is offering new Cardmembers the first year of membership for free (normally £25).
MBNA is offering a card with interest-free balance transfers for 25 months, with a 1.45 per cent fee. Applications open 27 October.