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MT offers free valuations with Bristol & West

Mortgage Times is offering free valuations on all buy-to-let and self-cert products from Bristol and West’s new range.

Payam Azadi, director of marketing at Mortgage Times, says: “Bristol & West are one of our key partners for 2008, and we have always had a particularly strong product offering with them. It gives me great pleasure to enhance their core range with the added incentive of a free valuation, especially when many other packagers have scaled back on such incentives.

“Although the range will be launched next week, we are already committing to this incentive to notify our members of the fantastic opportunity”.

Mark Howell, head of marketing at B&W, says: “As one of the leading specialist intermediary lenders, we are delighted to be working with Mortgage Times, who have consistently bought innovation to the broker arena.
“The self-cert and buy-to-let range offers a broad range across a wide range of LTVs.”


Inflation rises to 2.5% in February

The latest figures out from the Bank of England show consumer price inflation rose 0.3% to 2.5% in February.The figure was at 2.2% in January and month-on-month figures showed prices increased by 0.8% in February following the 0.7% fall in January.The greatest price rise came from housing and utilities – which increased by 3.2% in […]

Bids reach £23.6bn for BoE’s £5bn offer

The Bank of England has seen bids totalling £23.6bn today for its offer of £5bn three-day funding to banks. The central bank offered the facility at the current interest rate of 5.25% to help bring down the overnight LIBOR rate. A Bank of England statement says: “This action is being taken in response to conditions […]

Recruitment fell last year

Financial services recruitment has fallen, with 22% of employers saying candidates lack the right qualifications, according to CII Group.

Stock Picker

Last week, UK banking shares fell in the aftermath of Bear Stearns’ dramatic collapse and sale to JP Morgan Chase. There was a brief recovery following the positive US results of Goldman Sachs and Lehman Brothers but then the market weakened once again.Rumours of liquidity problems put HBOS under pressure. This talk was firmly denied […]


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