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AfI launches desktop alerts

Abbey for Intermediaries is launching an instant desktop alert service today. The free service delivers news and product alerts direct to brokers’ PCs.

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AMI guidance on equity release

The Association of Mortgage Intermediaries has published detailed guidance notes for brokers about advising on and arranging equity release deals.

Yorkshire unveils HomeBuy deal

The Yorkshire has launched another Open Market HomeBuy product to include a fixed rate option. The product has a rate of 6.19% for the first five years, after which it reverts to the Yorkshire’s SVR of 6.90%.

Rate rise not all “doom and gloom” says GMAC-RFC

The interest rate rise doesn’t have to spell “doom and gloom” for intermediaries says GMAC-RFC. Jeff Knight, director of marketing at GMAC-RFC, says: “The industry has expected another rate rise for some time, but I did not expect it to happen as early as January, so this has come as a slight surprise. “With inflationary […]

Rise came to quick, says propertyfinder.com

Propertyfinder.com has warned that the surprise rate rise will mean that the housing market will not be able to cool gradually.The property website predicts that more severe changes will have to be made to the economy if the housing market is to remain stable.Warren Bright, chief executive of propertyfinder.com, says: Todays interest rate increase is […]

Pot Follows Member – or does it?

One of the perceived problems with pensions Auto-Enrolment was the number of small pension “pots” that would be created given that the average UK worker changes employer many times throughout their career. In the early stages of the Auto-Enrolment project this was deemed to be a major challenge, and therefore the previous Minister set in […]