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Five-year fixed rate deals up tenfold in three years

Five-year fixed rate mortgage deals have increased tenfold since April 2007, according to Moneysupermarket. com. Three years ago there were just 39 five-year fixed rate deals compared with the 411 currently available.

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KEVIN PATERSON

In my opinion

A report on the selling of payments protection insurance at point-of-sale has generated more questions than answers, particularly on MPPI as it is unclear what constitutes the actual point-of-sale for the product

ED STUART BROWN

Welfare reform is a chance to sell cover

Measures to achieve savings from welfare benefits, including radical plans to reform the incapacity benefit system, have been outlined by the coalition government. All 2.6 million people claiming incapacity benefit will be reassessed and those regarded as being capable of work will be moved on to Jobseeker’s Allowance, which is less generous. Many people mistakenly […]

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Get new-build funds to first-time buyers

Prospects for the new-build sector of the housing market are expected to improve this year. The government is keen for new-build to prosper, having committed £443m in the first two rounds of its Kickstart initiative to get mothballed schemes finished. And to help first-time buyers to purchase these new-build properties, the Homes and Communities Agency […]

Regulator seen by public to be as bad as naughty banks

The Financial Services Authority is tarred with the same brush as big, bad banks in a new study by the Reputation Institute which measures the corporate reputation of 140 UK business organisations in its recently released UK Pulse Report. Top of the pile in the reputation stakes are Alliance Boots and Rolls Royce Aerospace, while […]

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