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Abbey seems to be attracting negative comments, whatever it does but we shouldn’t forget the support it has shown us over the past few years. Meanwhile, Northern Rock has cut some Everyday rates


HEROES OF THE WEEK are Legal & General and Hanley Economic Building Society for their two-year fixed rate at 3.35% with no credit scoring. It is refreshing to hear about such products. Too many banks use the ’computer says no’ approach.


VILLAINS OF THE WEEK are lenders that are pushing borrowers towards non-advised mortgages, as it’s cheaper for them to provide these deals. Many of these customers have no idea that they are not receiving advice.


Inflation up but MPC urged not to hike rates

The Bank of England’s Monetary Policy Committee has been urged to keep interest rates low despite a jump in inflation. Office for National Statistics data shows the annual rate of inflation measured by the Consumer Prices Index hit 3.4% in March, up from 3% in February. Meanwhile, the Retail Prices Index, which includes mortgage payments, […]

How we’re challenging challenger banks

The bridging market has enjoyed an excellent couple of years and, as a result, has seen a succession of new lenders enter the market. That competition has forced all of us to look carefully at how we price bridging loans. Over the past few months we have spent a lot of time on adjusting the […]


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