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Hanover appoints group CEO

Hanover House has appointed Bruce Moore as group chief executive, as it looks to expand its services. Moore will work with Hanover’s recently appointed chairman Lord Best to grow the business.

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FSA net tightens on lazy advisers

Kevin Paterson takes a weekly look at the latest developments in the market and brings you what’s hot and what’s not in the world of mortgages

Citizens Advice calls for good debt management advice

The Citizens Advice Bureau has warned that the statistics revealed by the British Bank Association only prove further the need for good debt management advice.The BBA revealed record highs in loans and mortgages in 2006, with predictions of further highs in 2007.In 2006, Citizens Advice dealt with 1.4 million debt problems, an increase of 11% […]

Swift raises lending limit

Swift has increased its lending limit for first and second charge mortgages for up to 75% LTV to £750,000. The previous limit was £500,000. Swift will continue to lend on properties valued over £750,000 at a reduced 70% LTV.

Good time for clients to review deals

Virtually everyone was taken by surprise when the base rate rose to 5.25% this month – its highest level in five and a half years.