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Moneyfacts responds to increased mortgage competition

Moneyfacts has responded to the launch of Barclays fee free fixed rate deals.

Rachel McKay, assistant head of mortgages at, says: “Barclays has joined an increasing number of high street lenders now offering fixed rate mortgages with no arrangement fee. These new deals certainly look competitive in the current mortgage market as shown in the examples below”

“With little differential between interest rates, lenders are reverting innovative methods to entice new customers and to try and increase their market share of mortgage business.

“These fee free fixed rate deals follow hot on the heels of the recent offer from Scarborough building society who are offering an extensive iMac computer package in an attempt to lure consumers.”


HBOS unveils plans for charm offensive

HBOS is planning a major charm offensive over the next 12 months that will see BM Solutions pay advisers for further advances, TMB attack the packaging market through new products and better proc fees and Bank of Scotland concentrate on the high net worth lending market.These plans were revealed by Nigel Stockton, director of HBOS […]

Platform adds online ID facility

Platform has added an electronic identification facility to its online tool clickdecision. Clickdecision will now automatically check the identity of mortgage applicants rather than relying on the cumbersome gathering of paper documentation by the intermediary or solicitor. The Britannia subsidiary says this will put to an end lengthy documentary evidence procedures for brokers and their […]

Money Partners joins AMI

Specialist lender Money Partners has announced it has joined the Association of Mortgage Intermediaries as an associate member.Colin Sanders, CEO of Money Partners, says: “It has only been a few days since I had the pleasure of announcing Money Partners’ admission to the CML and IMLA. “Joining AMI completes our objective of gaining membership of […]

Britannia launches anti-racism campaign

Britannia has teamed up with Stoke City FC to raise awareness of racism that still exists in the sport. On Saturday Britannia and Stoke City FC will launch a campaign to educate local school children about the negative effects of racism. Using the City Rhythm and Rhyme competition they aim to encourage youngsters to use […]

Advice or guidance? That is the question

The Retail Distribution Review (RDR) brought many benefits to the UK pension industry, but it also created an advice gap, resulting in consumers with the smallest funds struggling to access advice at a suitable price By Justin Corliss, Business Development Manager The Financial Advice Market Review (FAMR) produced in March 2016 aims to remedy this, […]


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