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Paradigm launches 5-year exclusive through Hinckley & Rugby at 3.45%

Paradigm Mortgage Services is offering members access to an exclusive five-year fix through the Hinckley & Rugby Building Society.

The 80 per cent LTV deal is fixed at 3.45 per cent, with a £199 arrangement fee and £800 completion fee attached. Remortgage customers are also offered free legal services.

Paradigm Mortgage Services head of mortgages John Coffield says: “We have always had a strong relationship with Hinckley & Rugby – a lender which is a great supporter of the intermediary community, has a strong service ethic and one that has an increasing appetite to lend.

“This is why we are particularly pleased to be offering this exclusive product to all Paradigm members from today.”



Letters: New outlet for brokers

Star letter: New outlet for brokers Halifax’s announcement last month that it had reverted to paying a full procuration fee for all product transfers was welcome news. Any increase in fees paid to the intermediary market is a positive thing but its introduction at this time may also be viewed as a tactical manoeuvre to ensure […]


Analysis: Private surveys will fill a need

Delays in lending approvals are unhealthy for the industry and we support initiatives to speed up the process. But it is important that customers understand the quality of the property they are buying. As Mortgage Strategy revealed last week, some lenders are returning to automated valuation reports in certain circumstances. This follows an announcement by […]

Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.

Creating opportunity out of change

By Denise Wond, marketing manager The buy-to-let market has recently been the subject of a raft of tax changes, all of which make it a less profitable and less appealing proposition for investors. In response, we’ve seen a dip in demand for BTL mortgages and that’s bad news for many advisers who will now be looking […]


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