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KRS and Ipswich join forces

Ipswich and Key Retirement Solutions have launched an equity release partnership. This means all of Ipswich’s equity release customers will be introduced to the specialist broker for advice.

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Rate hikes add to first-timers’ woes

Nationwide has ramped up the rates on its 75% and 90% LTV deals by 0.2%.This is a further blow for first-time buyers following the withdrawal of all 125% LTV products from the market.Nationwide’s two-year fixed rate 90% LTV deal has been increased from 6.25% to 6.45% with no reservation fee.Its two-year 95% LTV fixed rate […]

C&G pulls 90% plus LTV deals

Cheltenham & Gloucester has pulled its 90% plus LTV mortgage deals.The lender says the decision was made in order to focus on improving service levels to core products. Eleanor Ross, media relations manager at C&G, says only 1.7% of the lender’s mortgage book had been 90% plus LTV deals. She adds: “We always try to […]

Investment banks help lenders tap ECB funds

Investment banks are said to be secretly acting as middlemen to give UK lenders access to some of the £254bn worth of emergency funding the European Central Bank is pumping into the wholesale lending markets to improve liquidity.

S&S new centre

Stroud & Swindon Building Society has opened a new contact centre in Gloucester Business Park near Gloucester.

Stop letting targets get in the way of delivery

The positivity at RESI was pleasing to see, with lots of encouraging discussion about the private rented sector (PRS), the possibility (or hope) of stamp duty cuts on the way in the Autumn Statement and the general prospects of residential property in this post-Brexit vote world. However, that positivity was often tinged with some negativity […]

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