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BUDGET 2007: Brown pledges to hit affordable housing targets

Gordon Brown has pledged to meet the targets he has set for affordable housing by creating 200 million new owner-occupied properties by 2010.

The Department of Communities and Local Government will today announce the second stage of its shared equity competition.


SWB lending rose 23% during 2006

Scottish Widows Bank says that mortgage lending for 2006 was £1.03bn – up 23% on 2005. It also says mortgage balances as of December 31 2006 stood at £5.6bn. 2006 was Scottish Widows Bank’s 12th successive year of growth.

Chancellor will be best remembered for first act

Chancellor Gordon Brown will be best remembered for granting the independence of the Bank of England, a poll by accountants Baker and Tilly reveals.After10 years as chancellor of the exchequer one in four people believe that his first major policy decision granting will be his greatest legacy.However, the poll results were not an endorsement of […]

Coventry unveils Godiva offering

Godiva Mortgages, the new specialist lending subsidiary of Coventry is to launch tomorrow.As part of intermediaries@theCoventry, Godiva Mortgages will build upon the Coventrys existing offering as a specialist lender for intermediaries and will feature a range of products for buy-to-let, self-cert, credit impaired and 100% plus LTV markets. The prime residential range, including 100% LTV […]

Batchelor pledges continuity

Guy Batchelor says it will be business as usual when he starts in his new role today as executive director of sales and marketing for the UK at Lehman Brothers’ European Mortgage Capital Division.


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