Skipton BS has launched a seven-year fixed rate mortgage.
The product can be taken out on a 4.99 per cent rate with a completion fee of £799 or a rate of 5.14 per cent with a £499 completion fee. The rate reverts to Skipton’s standard variable rate after the fixed term, currently 6.14 per cent. Both options have early repayment charges, no application fee and are available up to 75 per cent loan-to-value until 31 January 2014. Capital repayments of up to 10 per cent of the original loan are allowed each year without charge within the repayment charge period.
mte reports transaction increase
The Mortgage Trading Exchange (mte) has reported a 121 per cent increase in mortgage transactions delivered via the platform in the last six months.
The platform has processed in excess of 30,000 transactions per month, representing over £35 billion worth of mortgages per year.
GHL links with Torquil Clark
GHL Group has joined forces with protection provider, Torquil Clark.
The alliance will see Torquil Clark offer a life insurance referral scheme via the GHL Group website to the network’s appointed representatives and satellite packagers, ahead of offering the service to GHL’s directly authorised brokers. Utilising a panel, brokers can advise and arrange policies for all types of insurance.
