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UCB to increase variable rates

UCB Home Loans is to raise variable rates by 0.25% for new and existing borrowers from September 1, following the recent rise in the base rate.

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edeus signs up 5,000th intermediary

edeus, the mortgage lender created by Michael Bolton and Alan Cleary has signed up its 5,000th intermediary.It reached the 5,000 mark its target for the end of 2006, just 10 days after launch.Alan Cleary, managing director of edeus says: Brokers have embraced the edeus story. Although we were certain brokers would be interested in the […]

Guide to buying in Bulgaria

Westhill Investments has issued a buyers’ guide for potential investors in the Bulgarian property market.This follows Westhill coming across a number of disappointed property buyers who made fundamental purchasing errors. Dominic Hicks, director at Westhill, says: “It’s in nobody’s interest to have disappointed customers. We want people spreading the word that Bulgaria is a great […]

Rate rise brings B2L opportunities

The recent rise in the base rate to 4.75% wrong-footed pundits in the financial sector. And it must have come as a disappointment to those who had bet their money on the autumn for a rise in rates.

The Mortgage Mole

Pin upMole was left slack-jawed in unexpected admiration of Mortgage Strategy news editor Robert Thickett last week. The man is re-nowned for his lack of coordination in the simplest of tasks. Sometimes he struggles to walk in a straight line when sober, so hopes weren’t high for his performance in the bowling alley at GE […]

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DB transfer showstoppers

By Jim Grant, Senior Product Insight & Technical Support Analyst Transfers from defined benefit (DB) schemes are a bit of a hot topic just now. In this article we look at a couple of factors that could prevent a transfer from happening Equalisation of pensions Prior to the Barber case in 1990, DB pension schemes typically provided […]

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