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Abbey cuts rates on flexible mortgage range

Abbey has cut the rates on its flexible mortgage range.

All Abbey Flexible Plus mortgages now offer help towards valuation and legal fees. Flexible Plus Deal for Life is now available at 4.99%, and Standard Flexible Plus is available at 5.25% with a low fee of 199

Lal Tawney, head of mortgage marketing at Abbey, says: “Weve cut the rates on two of our Flexible Plus products and the whole range now offers attractive rates. Flexible Plus offers borrowers the opportunity to offset savings against borrowings and comes with the added bonus of overpayments, underpayments and payment holidays.

“This is the perfect option for borrowers who dont want to have to keep remortgaging every two or three years or tie themselves into a potentially expensive fixed rate.”

Abbeys new Flexible Plus mortgages are available from today October 24.


Property ombudsman on the cards

Property leaders and interested groups are investigating the establishment of a single, national property ombudsman to deal with consumer complaints. The property ombudsman would act as a single point of entry or one stop shop for any consumer requiring access to redress in the property sector.The current structure of the industry presents consumers with a […]

TFC Homeloans launches affordability calculator

TFC Homeloans has launched the First National affordability calculator for a limited period.                    The calculator assesses the ability to pay on gross monthly income and total monthly outgoings.

Change the locks

Bradford & Bingley is recommending home owners change their locks as soon as they move into a new property as this is the only way to be 100% sure of knowing how many keys there are to the property.

CACI offers online mortgage data

From today, CACI is offering financial services institutions the chance to access vital intelligence on mortgages, savings and current accounts via theInternet. The online service replicates the quality of data available through CACI’s established market databases, providing fast, accurate and interactive information on the financial market.CACI has operated two closed user market databases since 1990 […]

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Preparing for the changes to the pensions market

As more and more providers start to reveal their stance on the charge cap and removal of commission and active member discount pricing, we thought it would be worthwhile to look at what these are, and the steps businesses should be taking to prepare for this.


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