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First And Last

Our first home was a modern-style three-bedroom terrace in North London. We bought it in the days before competition revolutionised the mortgage market, when even saving for 10 years with your local society didn’t guarantee you a mortgage.

Having been let down by our local lender, Halifax agreed to provide most of the finance with the rest coming from an insurance company top-up loan. The main thing I remember about becoming a home owner was that interest rates were 10% when we first made an offer on the house, 12.5% when we exchanged contracts and 14% by the time we moved in.

We now live in a more traditional semi. and have recently converted the loft to provide extra bedrooms, financed through an offset mortgage with First Direct.

And naturally, we use Mortgage Express for our buy-to-let investment. Peter Charles, economist, Mortgage Express


Victoria reveals product relaunch

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Commercial First reports 200% growth rate

Commercial First has reported a growth rate of over 200% in further advance lending since it set up a team to service this business six months ago. Stephen Johnson, sales and marketing direct Commercial First, says: The further advance team are able to use many aspects of the original application including documentation, the conveyancing process […]

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Intermediaries are not gay-friendly

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