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Edeus launches 90% B2L deal

Edeus has launched a buy-to-let product available up to 90% LTV at 100% rental coverage based on pay rate which is 0.74% above base rate for two years. There is an 1.5% arrangement fee and early repayment charges are 5% in years one and two.

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DCLG publishes January house price index

The mix-adjusted average house price in the UK in January 2007 stood at £205,286, up from £201,090 in December 2006, government figures reveal. The Department of Communities and Local Government’s house price index for January shows UK annual house price inflation in January 2007 was 10.9%, up from 9.9% in December 2006. Annual house price […]

Split over education on cover deals

Brokers are split over whether protection providers should give them more education about their products, says Alliance & Leicester.

paaleads teams up with TMA

Paaleads.com has agreed a deal to provide mortgage leads to The Mortgage Alliance.The lead generation firm has been approved by the mortgage club to supply leads, with TMA subsidising the cost of leads received by its members and offering a half price leads promotion throughout March and April.John Coffield, head of TMA, says: “To celebrate […]

Bank of England freezes base rate

The Bank of England froze interest rates last week at 5.25%. Industry experts are split on whether another rate rise is needed to bring inflation under control with many predicting stable a base rate throughout 2007.

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