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Network Data launches two Woolwich exclusives

Network Data has released details of two new exclusive Openplan Flexible products funded by The Woolwich.

The switch & save two-year stepped discount, for remortgages only, is 4.29% for year one, which equals a 1.75% discount, and 4.59% for year two, a 1.45% discount.

The stepped discount is 4.19% for year one, which equals a 1.85% discount, a 4.29% for year two, a 1.75% discount and is available for purchases 90% LTV or remortgages 90% LTV.

George Fleming, lender relationship manager at Network Data, says: “It is essential that product development keeps pace with the demands of the residential mortgage market, and with The Woolwich Network Data is working alongside a lender who consistently looks to develop competitive and innovative mortgages.”


9m household set to DIY, reveals The Marketplace

The Marketplace at Bradford & Bingley has revealed that 9m households&#39 are planning to do DIY or home improvements in the next couple of months. The traditional Spring-time DIY boom is clearly flourishing as much as ever, with increasing numbers of homeowners, 47%, opting to improve their current property rather than moving to a new […]

BDS strengthens management team

BDS Mortgage Group has made further appointments to its management team. Tracy Dixon, formerly account executive at Intelligent Finance, joins as network manager and will take direct responsibility for developing the services BDS offers to its appointed representatives and directly authorised firms. Claire Kennedy, formerly head of marketing for Mortgage Brain, joins in the same […]

SMS opens Midlands office

Solent Mortgage Services has extended its regional branch network into the Midlands, with an office in Milton Keynes. SMS Midlands is the eighth SMS office in the UK. Operations manager Phil Green heads the office with 13 members of staff, including three business development managers, bolstering SMS&#39 presence in the Midlands market. Green previously worked […]

UK expenditure on housing doubles

Total expenditure on housing has risen by 119% over the past decade from around £106.1bn in 1993 to almost £232bn in 2003, research by Mintel reveals. Mintel&#39s British Lifestyles report shows that almost half of what the British spend goes on housing and finance – a total of around £400bn. This is up from 39% […]


Neptune video: UK economy: a sustainable recovery?

After years of a slowly brewing economic recovery, the UK has seen a strong rise in growth in recent months. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses the strength of this recovery and whether it is sustainable.

In the video, Martin addresses the following:

• Structural features supporting the UK economy
• UK mid-caps and the potential for M&A activity
• Valuations and opportunities in house builders


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