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Enact slashes legal fees 25%

Enact is reducing its legal fees by 25% to 75 as part of a Christmas offer to brokers for all remortgage cases submitted in December and January.

The conveyancer says the discount is designed to ease the financial pressure many brokers are under as the credit crunch takes its toll.

The offer comes on the back of the firm’s recent website revamp. It has been upgraded to allow brokers to generate legal quotes and instruct remortgage and purchase cases online.

Richard Megson, business development director at Enact, says: “Brokers are feeling the strain so we are keen to provide support by lowering our fees.”


FSA warns shareholders over fraudsters

The Financial Services Authority has warned around 11,000 UK shareholders that their personal details are on a database shared by fraudsters, which can be used to target people and illegally sell them shares.

My client is stuck between Rock and hard place

My client is an existing Northern Rock customer who wished to port her flexible fixed rate deal to avoid a 3% early repayment charge. The product is competitive at 5.69%.

Time for a new approach to asset allocation

Trevor Greetham, RLAM’s head of multi asset, introduces the recentlylaunched RL GMAPs. Asset allocation has become an increasingly difficult challenge for investors and advisers in the years since the financial crisis. Sometimes violent price swings in stock and commodity markets coupled with the collapse in the rate of interest on bonds have made it harder […]


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