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Tomorrow unveils online system

Tomorrow has launched an online quotation system for lifetime mortgages. Brokers will be able to get quotes 24 hours a day and track the progress of their clients’ cases from application to completion. It is also reducing its minimum initial advance from £25,000 to £15,000.

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SmartNewHomes.com calls for more family homes

SmartNewHomes.com has called on Gordon Brown to increase the supply of family homes.It says the new homes market has experienced considerable change over the last 10 years under Tony Blair’s leadership, with a significant shift towards the building of more apartments. In 1997 when Blair first became Prime Minister, 74% of new homes built were […]

RBS led consortium will make ABM Amro bid mid-July

The consortium group led by Royal Bank of Scotland looking to beat Barclay’s bid for Dutch bank ABN AMRO has revealed it will make its £71bn offer in mid-July.The consortium, made up of Fortis, RBS and Santander, says it is making good progress on regulatory change of control and anti-trust filings.The Banks expect to file […]

Pink launches RBS semi exclusives

Pink Home Loans has launched two semi-exclusive products in conjunction with RBS Intermediary Partners. Both products are discount trackers, the first has a headline rate 5.19% and offers a free standard valuation, whilst the second has a headline rate of 5.23%.Both products are available for purchases only, for loans up to 95% LTV, up to […]

10-Year Council Tax surge

The average Council Tax bill in Britain has increased by a whopping 91% over the past decade, research from Halifax reveals.Over the same period, the Retail Price Index has increased by just 31%, the price of services has gone up by 44% and average earnings have risen by 51%.The average Council Tax per dwell-ing in […]

The return of inflation

Alex Ralph, manager of the Artemis High Income Fund, sees further pressure on government bonds as inflationary pressures build on both sides of the Atlantic.

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