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A&L unveils guide to ASU

Alliance & Leicester has produced a free guide for consumers on accident, sickness and unemployment cover. This follows research which revealed 56% of British workers would be unable to manage financially if they were unable to work. The research also revealed that one in five workers have no insurance and hardly any savings to fall back on.

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Revaluation postponed

The government has postponed a Council Tax homes revaluation in England until 2007. David Miliband, minister of communities and local government, says: “We need a clear and complete picture of what we want local government to do before we tackle how it will be funded.”

PMPA may launch lender in October

The Professional Mortgage Packagers Alliance is believed to be launching a lender called Unity at the end of October. The launch date is rumoured to have been set as October 31 – exactly a year after the Financial Services Authority began to regulate the mortgage industry. Only four members of PMPA are thought to be […]

We will correct inaccuracies in our training materials

From Tony Tudor In response to John Rattigan’s letter (Mortgage Strategy September 12), we’d like to thank both him and MS for highlighting these matters. We appreciate that inaccurate references are frustrating in the context of materials to be used to update manuals. While such materials are issued to holders of manuals at no charge, […]

B&B launches 72-hour stepped tracker mortgage

Bradford & Bingley is offering borrowers an exclusive 72-hour stepped tracker mortgage, funded by Norwich & Peterborough. The product, designed for remortgagers who want to move the process along quickly, has a competitive initial rate of 4.50%, followed by 4.75% in year two.The loan moves to 5.0% in year three then reverts to alifetime tracker […]

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