Nationwide launches equity bonds to help investors by Finance News Bulletin
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Published: 23/11/07
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Student loans may be sold to private sector - Published:07/12/07
Bankruptcy is "becoming more and more palatable" to those in serious money owing, according to Thomas CharlesThree-quarters of people in the UK do not understand how a one per cent dissimilarity in mortgage rates would affect their loan, according to novel researchGordon Brown is reportedly considering the sale of an predictable £16 million in scholar debt to private companiesThe move would mirror steps in use between 1997 and 2000, when £41 billion was raised through similar salesAccording to the Times, both Nationwide and the Royal Bank of Scotland are probable buyers of any new scholar debts, as both have bought scholar debts in the pastJonathan Loynes, leader UK economist at Capital Economics, told the Times the move "will help chocolate to meet his sustainable investment rule, which stipulates that net money owing must average less than 40 per cent of GDP over the cycle"And the paper speculated that buyers would be especially interested in the latest round of sales due to the new changes in the way scholar loans are now repaidOnce the borrower is in full-time service and earning over the repayment threshold of £15,000 per day, deductions are made automatically from.
Read More: Student Loans May Be Sold To Private Sector >>Nationwide mortgage series 'relaunched' - Published:16/11/07
Nationwide has announced that a number of its mortgages will be given various new rates from the create of trading tomorrowTwo, three, five and ten-year fixed-rate mortgages are all set to be relaunched on Wednesday, with two-year fixed-rate mortgages obtainable from 558 per cent, with a £499 feeCustomers looking for longer term refund security might consider taking on five and ten-year Nationwide mortgages, which are available at rates of 558 per cent, with an arrangement charge of £499The group has also relaunched its remortgage and extra borrowing series, with two-year fixed-rate mortgages available from 573 per centMatthew Carter, divisional director for mortgages at Nationwide, said: "Nationwide's crop remain very competitive for borrowers, whether they are looking for a shorter word deal or a longer word fixed rate"Existing Nationwide mortgage customers also have the possibility to benefit from a £100 discount off their reservation fee when they button from one product.
Read More: Nationwide Mortgage Series 'Relaunched' >>40 per cent of britons not insuring homes - Published:10/01/07
Almost two fifths of homeowners in the UK do not have any buildings cover, according to a recent study carried out by NationwideA quarter of the respondents who took part in its survey said that they had not taken out any cover for the contents in their homes, with the mainstream estimating that the total value of their belongings lay between £10,000 and £40,000Regionally, Londoners are least likely to be covered by both buildings and house contents insurance, compared to those livelihood in the Midlands, East Anglia and the south-eastThe investigate also revealed that people aged between 16 and 34 would be the least likely to know what is covered under their buildings insurance or whether they were covered at allNationwide's insurance manager Robin Bailey, said: "It's astounding that so many people are prepared to take such a gamble on their homes and individual belongings when you consider how much occasion and money we all invest in our homes"You never know what is around the corner and for that reason it is very important that people are prepared by having adequate insurance," he addedconditions of use Advertising Resources Product guides Press releases About us.
Read More: 40 Per Cent Of Britons Not Insuring Homes >>