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Stroud and Swindon withdraws products

Stroud and Swindon has withdrawn its fixed rate mortgage products with immediate effect, excluding its 4.99% two-year flexible fixed.

All other products will remain unchanged.

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Swaps continued to rise last week and as widely expected, this brought about an onslaught of rate increases.

Pink’s intermediary website goes live

Pink Home Loans’ new website for the intermediary market is now live. The site has been redesigned to improve navigation, to make information more accessible and to provide intermediaries with a greater understanding of what Pink offers.Existing introducer members will benefit from greater accessibility to other income revenues, having access to more information online, therefore […]

Moneynet warns borrowers of hidden expenses

Relying solely on advertised APR rates to choose the best deal on a loan could mislead borrowers into picking the most expensive product on the market rather than the cheapest, warns online financial data comparison site Moneynet.co.uk.Richard Brown, chief executive of Moneynet says: “Consumers are led to believe that the cheapest loan is the one […]

The Yorkshire pays for a guide dog puppy

The Yorkshire is the first company in the UK to pay for a guide dog puppy through its first year of life from the donation of mobile phones. Over 1,500 old phones have been begged from the Societys staff and customers to achieve this fantastic result.The campaign to buy a guide dog from old mobile […]

Pension savings-2015

Overseas transfer charge

By Jim Grant, Senior Product Insight & Technical Support Analyst, Royal London Transfers to overseas pension schemes are not recognised transfers unless the transfer is to a Qualifying Recognised Overseas Pension Scheme (QROPS). A transfer to an overseas pension scheme that isn’t a QROPS is therefore an unauthorised payment and taxed accordingly. However, even if the […]

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