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Nationwide alters fast-track rules

Nationwide has made changes to its fast-track rules. Now all applications for loans under 50% LTV are guarenteed to be fast-track if they pass Nationwide credit scores.

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FSA paper on reporting

The Financial Services Authority has issued a consultation paper on new Integrated Regulatory Reporting requirements for firms. These will enable the regulator to use regulatory reporting to more effectively monitor and mitigate risks to the FSA’s statutory objectives.

RICS expects a rise in interest rates later in the year

Milan Khatri, chief economist at the Royal Institution of Chartered Surveyors welcomes the Bank of Englands unchanged base rate decision.Khatri says: The Bank of England’s decision to leave interest rates unchanged today at 4.5% is welcomed by RlCS, though not unexpected. The UK economy is performing well as rising global activity is helping to propel […]

SPML updates products

Southern Pacific Mortgage Ltd has updated its products with effect from 5 June 2006. The end date for fixed and discounted rates has also been extended to September 1 in the respective years. This includes the three-year discount and three-year fixed rate on the buy-to-let online product, and the one and two year discounts and […]

Operations boss at Sequence

Estate agency network Sequence has appointed David Plumtree to the newly created role of operations director.

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