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Economic tracker – May

Buy-to-let has been one of the success stories in recent years among the doom and gloom of economic uncertainty and recession. It’s been seen as the darling of the mortgage world for both lenders and landlords, and has even prompted the emergence of first-time landlords who are turning to rental yields in an attempt to achieve a better return on their investments.

 

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Nationwide’s gross lending up 44%

Nationwide increased its gross lending by 44% in the twelve months to April 4 2012, to reach £18.4bn, up from £12.8bn in 2011.

DA firms will get a slice of NatWest’s corporate products

NatWest Intermediary Solutions has expanded the number of brokers who can access its corporate range by opening it up to around 200 directly authorised firms. In March the lender said its corporate mortgage range would be available only to selected appointed representative firms but that it would to monitor the situation and consider widening access. […]

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Pension freedoms: stop the scams

At the beginning of 2015, we highlighted that the new pension freedoms that come fully online on 6 April also represent a very attractive opportunity for the criminal fraternity to scam savers out of some, or all, of their accumulated retirement savings.

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