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Fast-track conveyancing

Portman is offering fast-track fixed quote conveyancing services via London & European’s panel management solution for purchases and remortgages.

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More rate rises to come, says CML

The Council of Mortgage Lenders says it is not surprised by the decision by the Bank of England to raise interest rates from 4.75% to 5%.Michael Coogan, director general CML, says: “Financial markets have been anticipating a rise in interest rates since the last one in August, so today’s news should come as no surprise […]

Mortgages PLC launches credit repair mortgage

Mortgages PLC, the UK lender and subsidiary of Merrill Lynch, is launching a mortgage which allows borrowers to repair their credit record after just 12 months. The product, which is the first of its kind in the UK sub-prime market, allows borrowers to then remortgage without incurring onerous redemption charges. The new mortgage, which is […]

Asian property hit by instability

The Global Property Guide says Asia’s residential property markets have performed poorly because despite high rental yields in Indonesia, Thailand and the Philippines, the market’s rise has been limited due to political instability. It warns “the next decade isn’t going to be much fun for investors” in Asia.

FSA’s contact centre receives accreditation

The Financial Services Authority’s Firms Contact Centre has received accreditation from Contact Centre Association, the UK’s professional body for contact centres.The FCC provides regulated financial firms with a direct point of contact to help them understand the FSA’s regulatory requirements. It handles telephone and written communications from firms and is the point of contact for […]

UK: mid-year review and outlook

By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]

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