Mortgages

Legal & General launches exclusive deal with Accord

Legal & General Mortgage Club has launched two exclusive fixed rate mortgage products, provided by Accord Mortgages.

Abbey increases rate on 90% LTV tracker

Abbey for Intermediaries (AFI) has increased the rate on its 90 per cent loan-to-value (LTV), two-year tracker homebuyer product to 5.79 per cent but reduced the fee from £995 to £199 in a bid to help first-time buyers.

Kensington warns 10m could fail to get a mortgage

More than 10m people are likely to fail a credit score because they do not have enough credit history or are not on the electoral register, according to research from Kensington.

Ship research finds Britons unprepared for retirement

Research from equity release speicalist Safe Home Income Plans (Ship) has revealed consumers are overwhelmingly likely to rely on state pension benefits when they retire.

Yorkshire BS appoint finance director

Robin Churchouse has been appointed at the Yorkshire Building Society's new finance director, replacing Andrew Gosling who retires at the end of May.

Homebuyer confidence fragile before election: BSA

Confidence in the housing market remains fragile according to the Building Societies Association's property tracker survey, with buyers forecasting that property prices will grow but uncertain if now is a good time to buy.

Britannia and Co-op launch three-year tracker

Britannia Building Society and the Co-operative Bank are to launch a three-year tracker and five-year capped rate mortgage from Friday (19 March).

Northern Rock name chief financial officer

Northern Rock has appointed Jim McConville, former group finance director of Scottish Widows, as its chief financial officer.

New Leaf adds Cheshire products to panel

New Leaf Distribution has teamed up with Cheshire Mortgage Corporation to offer the firm's regulated mortgage products to its advisers.

Mortgage availability jumps 70 per cent over year

The number of mortgage products available has increased 70 per cent since this time last year to hit 2,053 compared with a low of just 1,209 on the market on 1 April 2009.

Police form mortgage forum to tackle fraudsters

The National Fraud Authority (NFA) and the Metropolitan Police have brought together key partners in the mortgage community to establish a mortgage fraud forum.

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Comment

Astronomical profits belie a loss of faith

The big bad banks have been in the spotlight yet again.

Feature

Separation anxiety

The recent attacks on US President Obama's plan to separate high-risk trading with bank capital and certain investment activities from commercial banking, have highlighted the strength of feeling about the proposals.

Comment

Waiting for the starter's gun

Analysing lenders' standard variable rates, which have come under the spotlight in recent weeks, shows some alarming discrepancies, as can be seen from the table below.

Comment

Firing Line: Paul Howard

Nationwide, Britain's biggest building society, has made a concerted effort to woo IFAs over the last two years, and it is starting to pay off for both sides.


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