Cash & your Transact account

Are you happy with the current interest rate on your savings? Did you know your Transact account offers you very competitive rates for cash deposits... currently 5.26%... and aims to maintain a level of just 0.05% below Bank of England base rate!

With no queuing and access to your money via BACS, cleared funds can be in your nominated account within 3 days or CHAPS for sameday transfer.

An added bonus of placing cash in your Transact portfolio is the effective reduction on the management charges for your overall portfolio. This can be particularly useful if you are just below the £50,000, £150,000, £250,000, £500,000 or £1,000,000 bandings... as an influx of cash could also trigger a reduced annual charge.

Like to know more? Why not give us a call to discuss.

Mortgages

The credit crunch has not just had an impact on stock markets and your portfolios but mortgages as well. This is happening in two ways... the amount of money mortgage companies are now willing to lend is less ... and the amount you have to repay each month is more.

The media have got hold of this topic and created considerable confusion and panic, which is not necessarily a good thing. First time buyers or those coming to the end of their fixed term are most likely to feel the impact. The vital thing for you (or your children) is not to panic, but to start shopping around early if you are coming towards the end of a fixed rate deal.

The good news is that Argyle have access to all the leading lenders and are kept up to date, on a daily basis, with new deals being introduced and most importantly, deals being withdrawn.

We realise we keep on reminding you about our Mortgage Service but, in the current environment, we feel it's an important aspect of our service.

Again, why not give us a call to discuss.

Want to know the latest investment news? The good news is you can now do so from the Argyle homepage. With the news constantly changing, the stories are updated every 30 minutes. Visit our homepage to view the latest investment headlines.