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Refurbishment deal unveiled

First Mortgage Options has launched a 100% LTV deal for buying properties that are in need of refurbishment.

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Dubai firm buys Hamptons for 82m

Hamptons International – parent group of Hamptons Mortgages – was sold last week for 82m to Dubai-based Emaar Properties by owner Wheelock Properties. The group says the news will be a boost for the entire Hamptons UK operation including the estate agency business and the mortgage brokerage. Kevin Duffy, managing director of Hamptons Mortgages, says […]

MPPI withdrawal clause scrapped

Bestinsurance.co.uk has scrapped a clause which allowed it to withdraw cover at 30 days’ notice from its mortgage payment protection insurance products.

Edeus names chosen packagers

Edeus has revealed the names of the initial group of selected packagers it will work with.Peter Charge, director of national accounts at edeus, says: We have gone on record as having reservations over some, but certainly not all, packagers. edeus has conducted appropriate due diligence and has chosen a selected initial group of packagers with […]

Banks can’t shy away from responsibility for bad debts

From Ian Nelson HSBC should clean up its own act before blaming others. HSBC CEO Michael Geoghegan’s comments re- garding bad debts, bankruptcies and IVAs are remarkable. It seems to be his view that it’s everybody’s faults but his. Working for a lender that picks up the pieces after prime lenders, credit and store card […]

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