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Construction activity builds

Construction activity continues to rise, with the private housing sector seeing the largest increase, a survey from the Royal Institution of Chartered Surveyors says.

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SS term extension on commerical mortgages

State Securities is extending the maximum terms of its commercial mortgage range as part of it continued strategy for growth and development. The extension means commercial mortgages will be available over a term of up to 25 years, giving borrowers the option to reduce their monthly repayments by spreading them over a longer loan term. […]

Equity partners

The Exchange has entered into a strategy partnership with Just Retirement, the annuity and equity release specialist.

Northern Rock reduces rates

Northern Rock has reduced rates on a large number of its products. In the flexible fixed range, two-year products are now available from 4.49%, three-year products start at 4.59% and five, seven, 10 and 15-year products start at 4.89%. Stepped flexible fixed products now start at 3.49%. All products within the Together range, which allows […]

Griffiths’ argument for higher proc fees is woefully thin

From Jeff Sutherland-Kay I suppose I should be flattered that Richard Griffiths has mentioned me twice in his recent scribblings, but his column in Mortgage Strategy on September 26 is just not right. He tries to make the argument that lenders with branch networks use the intermediary channel to subsidise the costs of branch-based lending […]

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Considerations for overseas workers in Germany

With Germany’s strong economic growth leading the eurozone’s recovery, many UK businesses are keen to be part of the success story: recent data shows that there are currently more than 280,000* employees working for a UK-controlled company in the country.

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