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Halifax hikes SVR

Halifax has raised its standard variable rate from 6.50% to 6.75%, following the recent rise in the base rate.

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Edeus tipped to launch 650 deals on sourcing systems

It is hotly tipped that edeus will have 650 products that will all sit on both sourcing systems when the lender launches on September 14. Mystery still surrounds the details of these products, but one source says edeus is expected to have a whopping 650 products. Martin Reynolds, director of corporate accounts at the lender, […]

NR ups its rates

Northern Rock has raised its variable mortgage rates after the Bank of England hiked the base rate.

New home prices down 1.6%

New home prices were down last month by 1.6% , from 258,581 to 254,374 says SmartNewHomes.David Bexon, managing director of SmartNewHomes.com, says: The recent fall in price of a new home was inevitable with the summer months always proving quieter for the industry. The unusually hot weather experienced this July only intensified the situation with […]

Savills launches two exclusive lifetime trackers

Savills Private Finance has launched a lifetime tracker product which is 0.19% over bank base rate for life giving a pay rate of 4.94%. The second product is an offset lifetime tracker which is 0.39% over the base rate for life, giving a pay rate of 5.14%.The products include no redemption penalties at any time, […]

UK policy: Kate Moss and short-termism

“Nothing tastes as good as skinny feels,” said supermodel Kate Moss, who is not often credited for her insights into policy making. Perhaps she should be. In politics, as in matters of diet, the course of action that is the best over the long term is often not the most desirable course of action in the short term. Add the instant gratification of the democratic electoral cycle and, instead of good policy making, you sometimes get the equivalent to a midnight binge in front of the fridge.

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.

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