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N&P cuts rates

Norwich and Peterborough is reducing rates on its UK and Spanish fixed rate mortgages. Fixed rate schemes over two years will be reduced from 4.78% to 4.68% for a maximum 90% LTV and £699 reservation fee, from 4.98% to 4.84% for a maximum 90% LTV and £385 reservation fee, and from 5.34% to 5.24% with a maximum 90% LTV, free valuation, £475 reservation fee and free legal service or £200 cashback for remortgages.

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Stalemate for UK interest rates

Paul Niven, head of strategy at F&C Asset Management has commented on interest rates:“Rate expectations in the UK have been volatile so far this year. At the start of 2005 markets began to price in a rise in UK interest rates as likely, reflecting concerns of a reacceleration of domestic growth and inflationary pressures.“By the […]

Cheval to unveil fresh look at Expo

Bridging loan specialist Cheval is planning to unveil its new logo and website at this year’s Mortgage Expo in London. The company is looking to spread the word to brokers who it says may either have a negative opinion of bridging finance or be unaware of the situations in which it can be used. Paul […]

Zurich revamps network offer

Zurich Intermediary Group has refreshed its mortgage network proposition. A diverse panel of lenders together with exclusives such as Bristol & West’s first start mortgage have been chosen. Also available are a range of new benefits, competitive proc fees and free access to sourcing software. With the addition of 16 lenders, the total now available […]

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Infographic — health cash plans 2014

Health Shield has strengthened its position in the cash plan market, according to the latest Laing & Buisson report, increasing its market share by income from £27m in 2012 to £29m in 2013. The Health Cover UK Market Report 2014 revealed that the non-profit-making Friendly Society was the only provider in the top four to have increased its market share by income over the past year. Health Shield was also the only cash plan provider in the top four to have increased its market share by income every year for the previous five years. This infographic presents the figures.

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