Home Information Pack provider MDA Advantage and the National House Building Council are to work together to develop the packs.
Salt has launched a range of buy-to-let mortgages to the intermediary market. Following its self-cert and sub-prime ranges, Salt is offering a three-year fixed rate buy-to-let at 5.60% and a three-year base rate buy-to-let tracker at 5.75%. The buy-to-let range offers rates at up to 90% LTV with a rental cover requirement of 115%.
The Financial Services Authority has signed a Memorandum of Understanding with the United States’ Commodities and Futures Trading Commission to strengthen cooperation on the exchange of regulatory information.The MoU was signed by Reuben Jeffrey III, CFTC chairman, and Callum McCarthy, FSA Chairman, at the third IOSCO technical conference in London. McCarthy says: “This agreement builds […]
Capita has bought software provider Synaptic Systems. Synaptic tools allow IFAs to research markets including pensions, life, health, investments and mortgages.
The Liberal Democrats have warned the government not to rely on banks to tackle social exclusion. Last week the Treasury Select Committee report published a report that slammed financial organisations for charging poor people proportionally more. Vincent Cable, shadow chancellor for the Lib Dems, says: “Some banks regard current accounts as a nuisance and have […]
It was a result that few had predicted. With good reason? Or could more people have foreseen that 52 per cent of the British public would vote to exit the EU? Perhaps journalists, pollsters and politicians should have turned to an unlikely litmus test in the search for answers: property. In the wake of the […]
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