You are here: Home - Mortgages -

Product launches of the week

0
Written by:
24/01/2014
MBNA extends balance transfer period for football club credit cards; Sainsbury's Bank reduces personal loan rates; Leeds BS launches 10-year fixed rate mortgage...

MORTGAGES

Leeds Building Society has launched a 10-year fixed rate mortgage at 4.49% up to 65% loan-to-value with a £199 fee.

The product comes with a free valuation and for remortgage customers it comes with free legal services.

Tapered early repayment charges apply to the product which start at 6% reducing to 2% by the end of the fixed term. Capital repayments of 10% are allowed each year.

CREDIT CARDS AND LOANS

Sainsbury’s Bank has reduced the rate on personal loans between £7,500 and £15,000 to 4.6% APR representative. The rate is available on a repayment term of four to five years.

Those borrowing over one to three years will receive a rate of 4.5% APR representative.

The rate is available until 3pm on Friday 31st January 2014. Customers must have a Nectar card to apply.

Halifax has launched a new personal loan called the Clarity Loan, which allows borrowers to pay off the loan early at any time without incurring any additional interest.

The Clarity Loan is also covered by the Halifax’s Personal Loan Repayment Promise.

The Promise guarantees the maximum amount customers will pay each month when they take out a five year personal loan, so customers can easily see how much their loan will cost before applying.

MBNA has extended its balance transfer period to up to 24 months for its range of official credit cards.

The new card also offers zero percent interest on purchases made in the first three months of opening an account.

The offer applies to the official credit cards for Arsenal, Manchester United, Aston Villa, Chelsea and Liverpool football clubs.

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

How your monthly bills could rise as the base rate reaches 1.25%

The Bank of England has raised the base rate to 1.25% as predicted – the fifth consecutive rise in just six ...

Low-income pensioner? You could gain £3k top-up

Hundreds of thousands of retirees struggling with a low income are missing out on Pension Credit worth £3,300...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week