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Accord Mortgages has not raised SVR by more than BoE

From Linda Will

I was a little surprised to see in Peter Mounty’s comments (Mortgage Strategy December 4) that Accord Mortgages has been criticised for raising its SVR by more than the Bank of England rise – in fact, very surprised as we have not. We raised our base rate by 0.25% on December 4.

Linda Will
Managing director
Accord Mortgages


REITs could herald more investment

Real Estate Investment Trusts have been hotly tipped to lead the way in allowing people to invest in any property – even their local pub.

Hometrack appoints CEO

Hometrack has appointed Simon Allen as chief executive officer. For the past seven years he has been vice-president of international operations at Capital One.

Financial guru advises London shoppers on PPI

Financial guru Martin Lewis took to the streets for Tonight with Trevor McDonald last week to spread the word about his payment protection insurance LoanBuster campaign.

Buyers prefer detatched houses

Detached properties were the most popular choice for buyers in 2006, says Norwich and Peterborough. The number of loans taken out by N&P customers on detached properties remained as high in 2006 as 2005, with the figure increasing by just under 1% to 35%. The popularity of semi-detached houses dropped slightly, showing a reduction of […]


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