BDS Mortgage Group has launched a range of minus base rate products from BM Solutions. The three products track the base rate with a minus percentage. The base rate minus 0.21% deal for two years is fees-free up to 90% LTV, the base rate minus 0.51% product for two years has a 1,499 fee, and the base rate minus 0.65% deal for two years to 90% LTV has a 1% fee.
New lender Basinghall Finance will enter the market with a buy-to-let proposition by the end of 2006 and will go against the tide in moving away from automated processes. Basinghall has been set up as a joint operation between UK firm Home Funding and European commercial bank West LB Capital Markets. Tony Ward, CEO of […]
David Stubbs, RICS economist, says the Nationwide house price figures show the market is buoyant.Stubbs says: “The housing market remains strong, supported by a strong economy, rapid population growth and investor demand. Affordability and accessibility to the market, for first time buyers, is worsening as prices and interest rates rise and will continue to do […]
Just 57% of Mortgage Strategy Online readers think the Conservatives’ revamped Right to Buy scheme is a vote winner. This is despite a recent poll showing the Conservatives to be finally making headway and ahead of Labour. This week Mortgage Strategy asks: “Would you advise a first-time buyer to take out a ‘death bed’ mortgage?”
HSBC has launched the first of 80 new commercial banking centres. Dyfrig John, chief executive officer of HSBC Bank plc, has opened the 80-strong, 58.5m commercial centre network in Swansea, dedicated to business customers and due to be completed over the next 18 months. The facility, at the Riverside Business Park in Swansea, reflects a […]
Thomas Smith, manager of the Neptune Latin America Fund Latin American equities have performed strongly so far in 2016, returning 27 per cent in sterling terms. Much of this move has been driven by newsflow from Brazil, with markets reacting positively to the government voting to impeach President Dilma Rousseff and on the hope of […]
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