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GE Money introduces refinance facility for members

GE Money Home Lending, has introduced a new refinance facility exclusively for its existing igroup mortgage customers.

From October 14 2005, igroup customers will be offered lower rates if they return to igroup for a new mortgage.

The key enhancements include a 0.25% rate reduction on all one- to two-year fixed or discount products on the GEM range, with rates beginning from 4.5%.

Duncan Berry, sales director at first mortgage for GE Money Home Lending, says: “The introduction of this new, easy to understand incentive for customers returning to us for a new mortgage is further evidence of our commitment to our customers and the intermediary sector.

“Our igroup GEM range is now more comprehensive and flexible than ever before.”

*The rate will revert to the prevailing tracker rate for that plan at the end of the product period.”


Pensions seminars

From October to December the Personal Finance Society will hold a series of half-day technical seminars on pensions planning pre and post-A-Day. The courses will look at opportunities in advising clients in the run-up to April 6 2006 and afterwards. Tutor Mike Morrison, pensions strategy manager at Winterthur, will lead advisers through investment opportunities, retirement […]

Yorkshire appointment

Yorkshire has appointed Richard Davey as non-executive director. Davey was head of investment banking at Rothschild & Sons for 10 years until his retirement in 1999. He has extensive experience of the financial services sector having run Rothschild’s Financial Services Group, working with a number of high street banks and insurers. Davey previously served as […]

CACI offers online mortgage data

From today, CACI is offering financial services institutions the chance to access vital intelligence on mortgages, savings and current accounts via theInternet. The online service replicates the quality of data available through CACI’s established market databases, providing fast, accurate and interactive information on the financial market.CACI has operated two closed user market databases since 1990 […]

Asking prices rise

A degree of optimism has returned to the housing market as the house price index shows a rise in asking prices. Over 100,000 sellers entering the market have pushed up the average asking price by 941. Asking prices had fallen in the previous three months by 3,235, tempting buyers back. There are also fewer […]


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