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Close unveils B2L deal priced below base rate

Close Mortgages has launched a buy-to-let discount tracker priced below the Bank of England base rate.

The deal is base rate minus 0.01% and includes 110% of the initial pay rate.

John Taylor, chief operating officer at Close Mortgages, says: “Our discounted rates and rental cover now make for some of the most competitive products in the buy-to-let market.”

Close recently expanded its distribution beyond Mortgage Intelligence and signed a deal with Concordia.


RAMP welcomes edeus into the fold

The Regulatory Alliance of Mortgage Packagers has added edeus to its panel of lenders. Terry Pritchard, director of packagers at edeus, says: This is a big step forward in the alignment of our packager proposition. “The members of RAMP are some of the main players in the specialist and sub-prime market. “We welcome our new […]

Lib Dems plan to target the rich

The Liberal Democrats have unveiled proposals to tax extreme wealth. Shadow chancellor Vince Cable says: “I am determined that the Lib Dems will have a strong message of support – through tax cuts – for people of modest means who are being dragged into Inheritance Tax and higher rate Stamp Duty and ensure that these […]

AHIPP says there is no shortgage of energy assessors

The Association of Home Information Pack Providers says that its reaserch has shown that there is not a shortage of energy assessors.The HIP association says that firms training or employing home inspectors and domestic energy assessors firmly believe there will be over 2,500 people qualified to deliver Energy Performance Certificates by June.It is estimated that […]

Guy Batchelor Lehman’s new executive director of sales

Lehman Brothers European Mortgage Capital Division has appointed Guy Batchelor to the role of executive director of sales and marketing for the UK.Batchelor has been with Lehman Brothers since January in the role of franchise development director for Europe and has been actively involved in the strategic review since joining.In his new role, Batchelor will […]

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Health Shield announces strong results

Health Shield, a corporate health cash plan provider, has announced that it has increased gross annual premium income to more than £25m in another year of strong organic growth.


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