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DAILY TELEGRAPH Etan Patz: suspect in custody in connection with 'milk cartoon boy' disappearance - Thu, 24 May 2012 11:54:05 GMT
Etan Patz: suspect in custody in connection with 'milk cartoon boy' disappearance - Thu, 24 May 2012 11:59:09 GMT
FINANCIAL TIMES UK first-quarter growth revised down - Thu, 24 May 2012 09:15:40 GMT
UK first-quarter growth revised down - Thu, 24 May 2012 11:45:12 GMT
BBC NEWS BBC News - Business - Thu, 24 May 2012 10:04:29 GMT
BBC News - Business - Thu, 24 May 2012 10:29:35 GMT
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Multi-currency mortgage launched
Largemortgageloans.com has launched a multi-currency offset mortgage product.
A private bank has agreed to provide Largemortgageloans.com with funding for what is believed to be the first multi-currency offset mortgage to be launched in the UK.
The mortgage assists international buyers of million pound UK properties as the loan is agreed in Sterling against residential properties and the client has the ability to offset cash in Sterling, US Dollars, Euro or Swiss francs against the loan. The cash and the currency of the cash can change on a monthly basis.
Paul Welch, managing director of Largemortgageloans.com commented: “This arrangement will give excellent flexibility to high net worth individuals who do not wish to move other currencies into Sterling but wish to offset currency funds against their loan.”
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