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Sharetobuy unveils exclusive deal

Specialist broker has launched an exclusive deal with Britannia.

The lifetime product is available at 5.1% up to 90% LTV. It features no arrangement or valuation fees and there are no early repayment charges, but it is only available to joint applicants.

James Cartlidge, mortgage manager at, says: “The share-to-buy mortgage was targeted at friends buying a home together but this deal’s 90% LTV makes it attractive to standard cases that fit the criteria.

“As couples, married or other-wise, can apply provided they either are graduates or have professional qualifications, the product offers a rare opportunity for young professionals to purchase property at a competitive rate with only a 10% deposit.”

For brokers, the catch is that the product does not feature proc fees so they will have to charge upfront for advice to make their cut.


Who said negative interest rates were impossible?

Bloomberg is reporting that yesterday the US Treasury sold $27bn of 3-month Treasury Bills at a discount rate of 0.005%, the lowest since the first auction in 1929, and today sold $30bn of 4-week bills at 0%, again the lowest rate ever since the first sale of 4-week bills in 2001.

Egg fined £721,000 for PPI failings

Credit card provider Egg Banking has been fined £721,000 by the Financial Services Authority for serious failings in the sales of payment protection insurance.

Skipton MD quits

Steve Haggerty has unexpectedly quit as managing director of Skipton.

How to use wills to protect your clients’ wishes

By Ross Jackson, senior protection marketing manager March is Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research […]


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