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