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Nationwide announces changes to valuation fee structure

Nationwide has announced it will be changing its valuation fee structure from June 10.

Nationwide says following this change, the mortgage valuation fees for home buyers will remain competitive. There will be no change for remortgage borrowers and existing customers applying for additional borrowing, who do not have to pay a valuation fee.

The fees will be £175 for properties worth £50,000 or less; £210 for properties between £50,001 and £100,000; £245 for properties between £100,001 and £150,000; £280 for properties between £150,001 and £200,000 and £320 for properties between £200,001 and £250,000.

For properties between £500,001 and £1m, the fees are between £520 and £595.

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Neptune video: Abenomics: the impetus for Japan’s fast-track recovery?

The remarkable performance of the TOPIX over the past year has caused many sceptical equity investors to look again at the Japanese market. These returns have come despite very significant problems facing the Japanese economy. Chris Taylor, manager of the Neptune Japan Opportunities Fund, discusses these problems and whether Abenomics will be able to overcome them, enabling the market to continue to rise.

In the video, Taylor addresses the following:

• The size and speed of Japan’s unprecedented monetary policy
• Abenomics and the implications should it fail
• Corporate Japan and beneficiaries of government policy