Sales of properties worth £1m or more increased by 58% last year, analysis from Largemortgageloans. com shows.
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The debate over advised and non-advised sales rumbled on last week as the major trade bodies responded to the Financial Services Authority’s latest Mortgage Market Review paper on distribution, published in November. In its feedback, the Association of Mortgage Intermediaries has called for compulsory advice for some ’at risk’ groups such as first-time buyers, the […]
It’s been a busy few weeks in the world of mortgages. I seem to be spending much of my time in summits, be it self-build or first-time buyers, or being interviewed about them. One such event that has been on my mind of late is the Grant Shapps-led group on first-time buyers. Everyone knows it […]
DIGGING THE DIRT IN THE MORTGAGE WORLD
Northern Rock is launching a new range of Everyday mortgages available up to 90% loan-to-value.
In November last year, the FCA announced that from 31 March 2017, early exit pension charges will be capped at 1% for those customers who are eligible to access their retirement savings from age of 55. The rules also state that for new personal pension plans started after that date, or on new increments into […]
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