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Lloyds and C&G launch tracker range

Lloyds TSB and Cheltenham & Gloucester are launching tracker ranges tomorrow with rate cuts of up to 0.7%.

Rates in the tracker range start at 3.69% for a two-year tracker at 75% LTV with a 2.5% fee.

Other tracker rates include a two-year tracker deal starting at 4.09% with a £1995 fee and a full-term tracker at 4.15% with a £995 fee. Both products are available at 60% LTV.

Each tracker includes the All Weather option. This allows customers to switch to a Lloyds or C&G fixed rate product at any time during the deal without incurring early repayment charges.


Brokers advised to cover their backs when selling B2L

Repossessions specialist Moore Blatch has warned brokers that with buy-to-let arrears and repossessions levels rising it’s vital that they use investment style warnings to cover their own backs.

Santander to cut 1900 UK jobs

Spanish banking giant Banco Santander is cutting 1,900 jobs across all three of its UK brands.

A funny old year

The past 12 months have been turbulent – just take a look at this chart of the FTSE 100 over the last year. There have been some points which I’m sure would have caused your clients some concern, and possibly even had them looking for an alternative investment with reduced volatility; perhaps without reducing their […]


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