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Victoria reveals product relaunch

Victoria is withdrawing its entire current product range with effect from January 29, with new pricing on January 22.

Cases under the withdrawn range must have been submitted by the end of January 29, with fully packaged cases ending February 12.

The timetable for withdrawal of the winter special product is unchanged. All winter special cases must be fully packaged by January 31.

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Freedom in £20m portfolio sale

Freedom Lending has completed a £20m portfolio sale to Crocus Homeloans, a subsidiary of the Saffron.

Tories raise fears about economic outlook

Senior Conservative Party ministers have expressed concern about Britain’s economic outlook following publication of new statistics showing that prices are outstripping earnings while the jobs market is stagnating.Shadow chancellor George Osborne says: “This is yet more evidence that people’s earnings are failing to keep up with the rising cost of living. “Gordon Brown tries to […]

Housing market cools off in December, says RICS

The rate of house price inflation has dropped off after Novembers rise in interest rates, latest research reveals.A week after the Bank of England raised the base rate to 5.25% and on the same day inflation hits 3%, the Royal Institution of Chartered Surveyors says its found that while house prices rose for the fourteenth […]

£485M extra for social housing

The government is to pump nearly £500m more into social housing in 2007. Communities secretary Ruth Kelly unveiled further funding of £485m for Arms Length Management Organisations to invest in the social housing they manage on behalf of local authorities.

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.

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