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LAST WEEK’S WINNER

“Danny and Peter clasped their balls but didn’t realise they were for everyone to play with.”

TONY CASTLE
PREMIER MORTGAGES & PROTECTION

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Job losses on the cards as Xit2 plans relocation to Kent

Xit2 plans to relocate its head office from Oxford to Kent, which will result in redundancies at the firm. The mortgage and property outsourcing specialist was acquired by Decision Insight Information Group in January 2011. Xit2 is moving its base from Charlbury to DIIG’s European headquarters in Kent. Mark Blackwell, managing director of xit2, says […]

Check out landlords who want to expand

Buy-to-let is once again seeing some growth. Figures from the Council of Mortgage Lenders show the value of new buy-to-let loans rose 21% in Q2. Interestingly, remortgages, accounted for 65% of the increase between Q1 and Q2. Remortgaging in buy-to-let peaked in 2007, often used by landlords to release equity in properties that had benefited […]

Broker-exclusive deals from Northern Rock

Northern Rock has launched a range of mortgages available exclusively via brokers, with rates from 2.59%. The deals include a two-year fix at 2.59% with a £995 fee up to 65% LTV and the same deal available up to 75% LTV with a rate of 2.77%.

Don’t play chicken with the Bank of Japan

By Josh Ausden, Head of Client Investment Strategy, Neptune Short-term yen strength has hurt the Neptune Japan Opportunities Fund but recent events have only added weight to our conviction that the Bank of Japan will act to ease policy, boosting multinationals’ profits and weakening the yen. In recent weeks the performance of the Japanese stockmarket […]

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