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NatWest increases SVR to 5.84%

NatWest Mortgage Services is increasing its standard variable rate by 0.25% to 5.84%, effective from December 1 2003 for new and existing customers.

The interest rates on the NatWest One current account mortgage will also increase by 0.25% to between 4.85% and 5.45% with immediate effect. The interest rate charged on NatWest&#39s Flexible Choice mortgage product will increase to 4.99% on December 1.


Blonde ambition

Bristol-based mortgage network Whitechurch is hoping to win over intermediaries by sending them this cheeky postcard over the next fortnight. The saucy seaside postcard, pictured here for the first time, features a scantily clad cartoon lady whose assets are just about covered by a swimsuit daubed with the word &#39fees&#39. A mortgage broker nearly falls […]

Bank of Scotland scoops three awards

The Bank of Scotland scooped three awards at the Business Finance Expo and National Association of Commercial Finance Brokers&#39 Gala Awards held on Tuesday. The awards, held at the Natural History Museum, saw BoS win Business Bank of the Year, Online Banking Provider of the Year and Commercial Mortgage Provider of the Year. Both Bibby […]

Lib Dems say regulation failure is allowing irresponsible lending

The Liberal Democrat shadow chancellor has proclaimed that regulation has allowed banks to lend irresponsibly. Commenting on Tuesday&#39s Monetary Policy Committee minutes, Vince Cable, Liberal Democrat shadow chancellor, says: “The most pressing issue for the chancellor is to address the failure of regulation that has allowed banks to lend irresponsibly and fuel unsustainable levels of […]

Show up to the show of the year

Mortgage Business Expo 2003 takes place at Earls Court 2 this week. The Expo is the UK&#39s largest residential mortgage show and host to the biggest gathering of lenders, packagers, clubs and networks ever seen. Supported by the Association of Mortgage Intermediaries, the Council of Mortgage Lenders and the Intermediary Mortgage Lenders Association the Expo […]


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