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Norwich & Peterborough slashes fixed rates

The rates for two-year fixed rate mortgage schemes are now 2.99% and 3.39%, the five-year fixed rates are now 5.58%, 5.98%, 5.74% and 6.34% and the 10-year rates are now available at 5.68%, 5.93% and 5.78%.

Gary Lacey, N&P&#39s group product manager, says: “These reductions mean that N&P is offering some of the most attractive fixed rates in the current mortgage market with some offering extra incentives to borrowers. This is great news for customers who are keen to keep their monthly repayments locked into an attractive interest rate. And for homebuyers with higher incomes, the five and ten year schemes offer the opportunity to borrow more with the security of knowing that any upward interest rate changes won&#39t affect their monthly repayments.”


PMN warns that backing one horse could be a costly mistake

The Professional Mortgage Network says that many would be ARs are making a serious mistake by committing to just one network says PMN. PMN believes that as many as 20 networks won&#39t be in a position to start trading post Mortgage Day. Dale Knight, managing director of PMN managing, says: “The Financial Services Authority will […]

Small brokers face big issues

There are tough issues coming up for the small mortgage broker and it doesn&#39t look good for the consumer – or for anyone who values a competitive market. The concern is that small brokers (as defined by the relatively small volume of mortgage protection business they will be producing) will be a less appealing proposition […]

PMN encourages multiple AR applications

According to The Professional Mortgage Network many would-be ARs are making a serious mistake by committing to just one network, particularly as PMN believes that as many as 20 networks won&#39t be in a position to be offering full network facilities to members on Mortgage Day. Dale Knight, PMN managing director, says: “Many mortgage networks […]

Useful tips to maximise rental yields

Nick Clark, managing director of Homebuyer Events, organisers of the show, says: “The key to this business as with any investment is to undertake thorough research. There&#39s a whole range of options currently available aside from UK residential property, including property investment clubs, commercial opportunities and homes overseas. There are still substantial returns to be […]

WSB Awards announces Johnson Fleming as 2016 finalists

Johnson Fleming has been announced as a finalist in two categories at the Workplace Savings and Benefits Awards: Employee Benefit Consultant of the Year and Financial Education Provider of the Year. The awards recognise the best providers, based on their ability to help employers and their employees in their provision of employee benefits and workplace pensions. Caroline Hope, marketing manager for […]