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Edeus offers Portuguese prize

Brokers who submit savings account business via edeus will be entered into a free prize draw for a four-night golfing holiday in Portugal. Alan Cleary, managing director of edeus, says: “Following the successful launch of our savings scheme, it’s only right to thank brokers for their support.”


Cantor bets house prices will fall 19%

House price betting firm Cantor Spreadfair is predicting a 19% fall in house prices by 2010. It says average house prices will fall to £141,500.

Brown on kazoo, nobody on trumpet

At last, the government’s mortgage rescue package has been announced and what a surprise – it amounts to little more than window dressing.

Abbey slashes 85% LTV rates

From today Abbey for Intermediaries will slash its 85% LTV range by 0.6% and fees by up to £1,000. The lender is also rolling out five deals including a three-year 60% LTV fixed rate broker exclusive at 5.64% with a £995 fee.

Rates on the rise again is predicting a lender U-turn on the recent rate cuts in the coming weeks.

Abe and Modi

India: Modi, reform and the oil price fall

Nearly 12 months since sweeping to power, prime minister Narendra Modi has overseen a significant turnaround in India, which is now on track to become one of the most pro-growth, pro-investment economies in Asia. While the market has rallied 48 per cent over the last year in response to Modi’s reform agenda, what is the potential for further progress?


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