Mortgage News Article

29.10.08 by Andrew Montlake

Earn 7.5% on your savings!

As people begin to rein in their spending, many are wondering where to put their savings at present, especially given the likely reduction in interest rates. Cobalt Private Finance has a great answer to this issue in the form of a surprisingly simple and incredibly competitive Fixed Income Plan.

The key points are as follows:-

• This is a Fixed Income Plan paying 7.5% annually or 7.32% monthly for just over five years.

• AA rated and Capital guaranteed provided the FTSE 100 does not fall further than 50% from its strike date (December)

Anyone who is relying on interest for income could be hit hard in the near future and it is sensible to take professional advice with regards to how products such as this can help.

For full details please contact us and ask for either Dean McCarthy or Duncan McKillop at Cobalt Private Finance.

News Archive

Monty's Mortgage Blog

06.01.09

A Cut, But By How Much?

The debate this week is around the next expected cut in the Bank of England Base Rate that is likely to be announced, with the main question being how much the cut is going to be, either 1% or 0.5%.

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