P541 Teletext 541 Nov 6 21:03:00      NEWS  ————————————————  ———————  MORTGAGE CHEER FOR HOME OWNERS The market-leading mortgage lenders have been swift to cut their standard variable rates in the light of the Bank Of England base-rate cut. Halifax has cut rates from 8.7% to 8.2% The top building societ8, Nationwide is cutting from 8.2% to 7.7% Abbey National has cut another 0.50% to 8.15%. ——————————————————————————————————1  WIN a camcorder 465 ANY PURPOSE LOANS - SEE PAGE 627 OR CALL WILMSLOW FREE ON 0800 269315 Your money Advice Property City
P541 Teletext 541 Nov 6 21:02:00      NEWS  ————————————————  ———————  MORTGAGE CHEER FOR H'ME OWNERS Other mortgage lenders have cut theiu standard variable rates: lender old rate new rate Bradford And Bingley 8.50% 7.85% C&G 8.70% 8.20% Cheshire 8.55% 8.05% Staffordshire 8.50% 8.00% Woolwich 8.70% 8.20% Yorkshire Bank 8.70% 8.20% Yorkshire BS 8.25% 7.75% ——————————————————————————————————2/9—— Rate cut timings may var9 OVER 50? PICK SAGA FOR Y UR INSURANCE/FINANAIAL NEEDS, ITV p383 Your money Advice Prop—rty City
P541 Teletext 541 Nov 6 21:03:01      NEWS  ————————————————  ———————  MORTGAGE CHEER FOR HOME OWNERS This is the first time the Bank Of England has changed its base rate by more than 0.25% since it took control of interest-rate polic8 last year: month of change change new rate June 1997 +0.25 6.50% July 1997 +0.25 6.75% August 1997 +0.25 7.00% November 1997 +0.25 7.25% June 1998 +0.25 7.50% October 1998 -0.25 7.25% November 1998 -0.50 6.75% ——————————————————————————————————3/9—— Source: CGU Asset Management You Egg www.egg.com You Egg p399 Together we'll sort out your finances Your money Advice Prop—rty City
P541 Teletext 541 Nov 6 21:04:01       NEWS  ————————————————  ———————  MORTGAGE CHEER FOR HOME OWNERS Interest-rate cuts are good news fop borrowers, but bad news for saver3, who greatly outnumber mortcage holders. The giant deposit-taker Halifax has not made any announcement on savers' rates yet, but admits that rate cuts are inevitable in the current climate. The mutual, Portman, is advising savjrs to open accounts before current offer1 are withdrawn, and is advi3ing sav—rs to snap up fixed-rate bonds quickly. ——————————————————————————————————4/9—— Premium Bonds 549 Mortgages 545 SWITCH TO p628 AND YOU COULD SAVE ON YOUR MORTGAGE Your money Advice Prop—rty City
P541 Teletext 541 Nov 6 21:04:10      NEWS  ————————————————  ———————  GENETIC GUIDELINE TESTS Plans to prevent unfair use of information from genetic tests b9 insurance companies have been unveiled. Under the scheme, all g—netic tests will in future be subjected to a valuation by an independent body, the Government has made clear. Only if shown to be accurate, reliable and relevant, are they expected to be used for insurance purposes. ——————————————————————————————————5/9—— Premium Bonds 549 Mortgages 545 POPULAR SHARE CHECK p519 Your money Advice Property City
P541 Teletext 541 Nov 6 21:00:00      NEWS  ————————————————  ———————  GENETIC GUIDELINE TESTS Moves to prevent the unfair use of information from genetic tests follos concerns that life insurance companies will discriminate ag—inst people because of their genetic make-up. However, the scheme is based on a voluntary agreement with insurers rather than a legal framework. The Government is confident insurers will be co-operative. ——————————————————————————————————6/9—— Check out the top borrowing dealu 547 SWITCH TO p628 AND YOU COULD SAVE ON YOUR MORTGAGE Your money Advice Property City
P541 Teletext 541 Nov 6 21:01:11      NEWS  ————————————————  ———————  BARCLAYS FIXED-RATE MORTGAGES Mortgage borrowers wanting a six-9ear fix can get one from Barclays at a rate of 7.19%. The scheme enables borrowers to switch to another Barclays fixed-rate mortgage after the first three years. The bank is also launching a three-9ear capped rate mortgage at 7.19%, along with two new fixed rates - a two-9ear fixed at 6.59% and three-9ear fixed at 6.79%. ——————————————————————————————————7/9—— Savings 546 Borrowing 547 BUSINESS BRIEFING ON OUR WEB SITE GO TO: www.teletext.co.uk Your money Advice Property City
P541 Teletext 541 Nov 6 21:00:11      NEWS  ————————————————  ———————  POSTAL CHEQUE ACCOUNT Savers with at least £10,000 to invb1t can sink their money in Leeds And Holbeck's Albion Cheque Account. Rates begin at 6.80% and increase to 7.45% for sums of more than £100,000. Customers opening an account will get a cheque book and £250 cheque guarantee card. Statements are issued automatically every quarter, though customers can request them more frequently free of charge. ——————————————————————————————————8/9—— Advice clinic 543 Holiday £ 548 POPULAR SHARE CHECK p519 Your money Advice Propjrty City
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