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C&G unveils two-year tracker from 0.49%

Cheltenham & Gloucester has launched a two-year tracker at 0.01% below the Bank of England base rate, available at 85% and 90% LTV. This rate only lasts until December 31 2010, at which point it jumps to base rate plus 5.49% until July 31 2012.

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GUY GARRARD, HEAD OF BUSINESS DEVELOPMENT, TIUTA

Buy-to-let is blazing the trail of recovery

The specialist markets have certainly tested our patience in the past couple of years. The waiting game has dominated many niche arenas but this year we have seen some signs that the buy-to-let market may be emerging from its slumber. The Mortgage Works recently gave the sector a boost by raising LTVs on its core […]

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Focus should be on money markets, not on sub-prime

I was interested to read on Mortgage Strategy Online about Moore Blatch’s call for nationalised banks to provide sub-prime mortgages, stating that if necessary the government should force them to offer such deals. The firm says that the number of those who would be classed as sub-prime is nearing one million. It argues that using […]

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