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Abbey reprices fixed rates

Abbey has repriced its fixed rates with two-year fixed rates from 5.49% through its intermediary arm.

Five-year fixed rates are now available from 6.14% through all channels.

Nici Audhlam-Gardiner, head of mortgages at Abbey, says: “These recent rate changes are in line with the market and Abbey remains competitive, especially in the broker market.

“The changes today are due to the increase in swap rates. However, our 100% mortgage for first-time buyers, which we launched last week remains static at 6.99% for the no fee option and 6.35% for the £495 fee option.”


Government HIP spend unveiled

The Government has spent over £82,000 promoting Home Information Packs and energy performance certificates in the south-east alone it emerged last week. The total figure for the entire country will be much higher – between April 2006 and May 2007 the Department for Communities and Local Government placed a total of 852 advertisements in the […]

Sub-prime sector will stay strong

The combination of growing borrower and investor demand for sub-prime mortgages should reassure brokers that the market will remain robust for some time, says Tony Ward

OFT puts spotlight on house building industry

The Office of Fair Trading has revealed it will investigate the effectiveness of the house building process in the UK.Following the recommendations of the Barker Review of Housing Supply 2004, the OFT has been monitoring the house building market and is concerned that it may not be working well for consumers. The trading regulator is […]

IFS wants TCF qualifications

The IFS School of Finance has called on financial advisers to consider gaining qualifications in the Treating Customers Fairly initiative to meet the Financial Services Authority’s expectations.

China: growth defence or another debt-fuelled boom?

By Douglas Turnbull, Head of Chinese Equities at Neptune Following recent stimulus efforts from Beijing, Neptune’s Douglas Turnbull examines how the government’s long-term reform agenda can be balanced with supporting growth and addressing structural challenges, and the investment opportunities arising from this.Click here to read more Important information: Investment Risks Neptune funds may have a […]


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