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Tipton and Coseley pass on 0.25% increase

The societys standard variable mortgage rate will increase by 0.25% from September 1, 2006.

Tipton & Coseley is to pass on the 0.25% increase in full on every tier of every variable rate account.

Chris Martin, chief executive at Tipton & Coseley, says: We are intent on providing our members with a safe and secure home for their savings combined with competitive returns. This move will ensure that we continue to do so.


Property website ditches selling fee has cut out its fee for sellers, enabling vendors and buyers to carry out property transactions privately without the need for a traditional estate agent or a selling fee.

RAMP adds Advantage to its panel

The Regulatory Alliance of Mortgage Packagers has appointed Advantage to its panel. Advantage, a Morgan Stanley Group company, is a specialist lender active in the sub-prime market. John Rice, managing director at RAMP, says: “Advantage, having come from a packaging background, is well equipped to understand and respond to the issues which RAMP members face. […]

Borrowers opt for variable deals

A record number of borrowers opted for variable mortgages in July, figures from Mortgages Direct show. In a month when market commentators were divided on whether the Bank of England would raise the base rate, nearly 30% of borrowers opted for variable mortgages in June compared with 26% in May. Commercial illustration Commercial First has […]

Lord almighty

It has only been six months since Michael Lord was made head of the Financial Services Authority’s small firms division with responsibility for mortgage arrangers but during that time he has made his presence felt in the industry. He has already made speeches at events such as the Manchester Mortgage Business Expo in May and the Mortgage Strategy Summit in Jerez in June.

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Mothers missing out on millions

New HMRC figures show number of ‘mothers missing out on millions’ in pension rights has doubled in two years – Steve Webb Figures published on 24th March by HM Revenue & Customs show a doubling in the number of mothers missing out unnecessarily on vital pension rights because of a change in the rules on Child […]


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