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MTE’s golden deal draws closer

Following a flurry of activity over the Christmas period, transactions via the Mortgage Trading Exchange now stand at 467,885.

This means the lucky winner of a luxury trip to New York is now just 32,115 transactions away from the so-called golden 500,000th transaction. MTE is predicting that the 500,000th transaction will be processed at the end of January but adds that if transactions continue to increase at their present rate it could be sooner.

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No ratings change for St. James’s Place UK

Standard & Poor’s Ratings Services says the ratings and outlook on insurer St. James’s Place UK have not been affected by the departure of it’s chief executive Mark Lund. It says SJPUK retains sufficient depth in management to navigate through the interim period pending the appointment of a successor. Standard & Poor’s will continue to […]

Rate rise will hurt non-fixed rate borrowers, says Hamptons

Hamptons Mortgages has warned that the interest rate rise will hurt homeowners on tight budgets and those that arent on fixed rates. Jonathan Cornell, technical director at Hamptons Mortgages, says: With house prices growing by around 10% in 2006 and predicted to increase by as much as 8% this year we knew that Monetary Policy […]

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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