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Nationwide raises rates on deals

Nationwide has increased the rates on its fixed rate and tracker mortgages. Its range now includes a two-year fixed rate with a £499 fee from 5.68%, a two-year fixed rate with no fee from 6.08% and a two-year tracker with a £599 fee from 5.28%.

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CML’s fees stance slammed

A broker has branded the Council of Mortgage Lenders “duplicitous” for changing its stance on exit fees.In January, the CML endorsed the Financial Services Authority’s good practice on exit fees policy, under which the FSA gave lenders until February 28 to decide whether they would charge existing customers no exit fees, the original exit fees, […]

FSA unveils latest roadshow dates

The Financial Services Authority is offering financial advisers, mortgage intermediaries and general insurance brokers free surgeries. The surgeries take place in Cheltenham on July 17, Gloucester on July 18 and Swindon on July 19. Surgeries are one-to-one appointments, lasting up to one hour, with a member of FSA staff at which firms can raise any […]

Hard work has won back public trust

It can’t have escaped the notice of protection professionals that the industry has been making headway when it comes to improving things for consumers. In particular, a lot of work has been done to cut the number of declined claims.

Knights’ moves will change the game

It’s all change for the Knights at GMAC-RFC but it’s more likely to be a case of Simon building on the strong foundations Stephen has laid than a fresh start for the company, says Mark Harris

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