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S&S new centre

Stroud & Swindon Building Society has opened a new contact centre in Gloucester Business Park near Gloucester.

The centre will initially house 40 Stroud & Swindon employees and has an overall capacity of 110, providinging room for expansion.


Read small print on long-term deals

There are some attractive long-term fixed rate products available but brokers and consumers must not assume that such deals are as portable as they first appear, says Katie Tucker

BTL lending tops one million mark in 2007, says CML

Data from the Council of Mortgage Lenders has revealed a rise in buy-to-let lending in the second half of 2007, pushing the number of outstanding buy-to-let mortgages over the one million mark.The figures show a £2.9bn increase from the first half of the year as a result of 179,100 loans and remortgages to buy-to-let investors, […]

Packagers keep faith at Summit

Delegates at Mortgage Strategy’s Packager Summit last week were upbeat, despite research from The Mortgage Business showing just 8% of senior staff in the sector were confident about the future. The liquidity crisis has hit the market hard but packagers are not giving up without a fight.The past six months have been tough for the […]

How to cut mortgage fraud risk

Recent figures from Financial Fraud Action UK revealed a financial scam was committed, on average, every 15 seconds during the first six months of 2016, says Roy Armitage, head of credit at Lendinvest. That represents a 53 per cent rise year-on-year, with these scams coming in all shapes and sizes. Furthermore, a staggering 56 per cent of […]


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