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RBSIP launches new rates

RBS Intermediary Partners is rolling out rates on a number of its fixed rate and tracker mortgages from September 6.

These include a First Active two-year fixed rate at 6.34% from 6.54% and a five-year fixed rate reduced to 5.94% from 6.14% with a £699 arrangement fee. Both deals are available for remortgage at a maximum of 75% LTV.

RBS has also raised the rate on its two-year tracker available at up to 90% LTV from 6.19% to 6.24% with a £999 arrangement fee.


Edeus extends Golden Goodbye

Edeus has extended its 10% cashback offer to encourage more of its borrowers to remortgage away to another lender.

Stamp Duty threshold raised

Chancellor Alistair Darling has temporarily increased the Stamp Duty threshold to £175,000 for one year.

India budget: BJP focuses on growth

By Kunal Desai, Head of Indian Equities

With markets kept open on Saturday, finance minister Arun Jaitley delivered a promising budget focused on growth and decentralisation. While many complained about a six-day working week, there was much to be pleased about and the markets rallied in the afternoon to finish in the green.


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