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Rate cut on B2L deal

Royal Bank of Scotland Intermediary Partners is to cut the rate on its NatWest buy-to-let two-year fixed rate mortgage to 5.35% from 5.74%.

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Mixed response

The response to Gordon Brown’s 11th Budget last week was mixed, with many in the industry viewing it as a wasted opportunity on Stamp Duty and others praising the raft of measures to encourage green housing. So, was Brown a hero or a zero? Two industry pundits give us their take.

Retirement Plus to have authorised status

As from April 6 2007 Retirement Plus will be authorised by the Financial Services Authority.It will be regulated as a provider, arranger and administrator of home reversion plans.

Paragon achieves record pricing on securitisation

Paragon Group has achieved record pricing on its latest securitisation, which closed last Thursday on 1.5bn.It says that this demonstrates international investors in the UK buy-to-let market.Paragon Mortgages is backed by prime buy-to-let mortgages and brings the Groups total issuance to 18.5bn.John Heron, managing director of Paragon Mortgages, says: The rousing success of our latest […]

Time to focus on learning about HIPs

I know that someone out there reads my column. How? Last week, I got an email from a reader that took me by surprise. In fact, I was so surprised that I deleted the email, losing the person’s name and details. So if you recognise the question below as being yours, please accept my apologies for not replying directly.

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Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

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