Further lending figures from Major British Banking Groups show July’s gross mortgage lending was 19bn, some 7% below the record figure of 20bn in June, though 19% higher than the 16bn in July last year.
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A recent piece of Financial Services Authority work on the quality of advice was designed to help firms improve their practice and is relevant to the all-pervading topic of Treating Customers Fairly. The FSA describes this as one of the largest pieces of thematic work it has undertaken, with the objective of providing firms advising consumers on financial products with help on how to improve their advice processes and cut the risk of mis-selling.
If ever there were proof that art and finance can mix it can be found in the songs of Andrew Montlake. A Neil Diamond of his day, Montlake sings of romance and casual liaisons. Unlike many of today’s musicians, Montlake plays his own instruments and the gentle strumming on the guitar conjures up a summery […]
Following the decision by the Monetary Policy Committee to increase the base rate by 0.25%, Intelligent Finance is increasing its offset mortgage rate.IFs SVR will move from 5.70% to 6.05% APR (variable), a movethe lender says will ensure that the bank remains a top four player in terms of competitive SVRs available.Mark Parker, managing director […]
I was surprised to read recently that the Financial Services Authority had received 28 applications for new lenders entering the market in 2006. I can only think of six – and most of those aren’t bringing anything exciting to the table.
By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]
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