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CML scheme on builder incentives

The Council of Mortgage Lenders is calling on developers to disclose incentives to ensure new-build homes are valued accurately. CML members will ask new-build developers to complete a disclosure of incentives form.

The CML believes this will ensure that mortgages are offered based on accurate valuations, help prevent fraud and boost confidence in the sector.

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RBSIP launches new rates

RBS Intermediary Partners is rolling out rates on a number of its fixed rate and tracker mortgages from September 6.

Just joins AMPD

Just Mortgage Packaging has joined the Association of Mortgage Packagers and Distributors.

Harpenden appoints new chairman

Roger Smith, chairman of Harpenden has retired, with vice chairman Michael Willis taking his place at the mutual.

Accord cuts prime mortgage rates

Accord Mortgages has taken advantage of falling swap rates and cut rates across its prime range by up to 70 basis points.

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Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

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