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FTAdviser latest:Britannia and Abbey pass on rate cut

Story by: Dominic Welling, FTAdviser

Abbey has announced that it will pass on the full 1 per cent base rate cut to all of its variable rate mortgages, including all flexible deals, from the start of January.

  • Time published: 15:03
  • Date published: 04.12.2008
  • Published in: Mortgages

FSA warns lenders to keep it fair and simple

Mortgage lenders have been warned by the FSA that they must not make the terms of their tracker deals unfair as the base rate falls.

  • Date published: 04.12.2008

Exact website comes on stream

Exact has launched a new website detailing the full range of services it is providing to companies that hold mortgages on their balance sheet or purchase mortgage assets on the secondary markets.

  • Date published: 04.12.2008

FSCS to guarantee London Scottish deposits

Depositors in London Scottish Bank plc with funds in excess of £50,000 will have all savings with the bank protected, according to the Treasury.

  • Date published: 04.12.2008

Pink shows crunch at fault for BTL sales drop

Almost three quarters of mortgage advisers believe the demand for buy-to-let products has decreased since the credit crunch began, according to a survey by Pink Home Loans.

  • Date published: 04.12.2008

C&G withdraw tracker products

Cheltenham and Gloucester are temporarily withdrawing all of their tracker products in anticipation of the Bank of England's Base Rate decision tomorrow.

  • Date published: 03.12.2008

Interest-only mortage deals decline

Interest-only mortgage deals are in decline as lenders become increasingly cautious, and borrowers look for security in long term fixed-rate products.

  • Date published: 03.12.2008

A&L reduces fixed rate mortgages

Alliance and Leicester (A&L) is to reduce the rates on its fixed rate mortgage products from Thursday (4 December).

  • Date published: 03.12.2008

Warning: Net mortgage lending to turn negative in 2009

Net mortgage lending is likely to turn negative for the first time ever in 2009, with further, more revolutionary measures needed to kick start the market.

  • Date published: 02.12.2008

Complete teams with Platform to offer exclusive fixed rates

Mortgage packager and distributor Complete Mortgage and Loan Services has launched a range of exclusive 'almost prime' fixed rate mortgages funded by Platform, the intermediary lender of the Britannia.

  • Date published: 02.12.2008

Features

TMA uses Abbey funding for fixed rate product

Product review

  • Time published: 00:01
  • Date published: 04.12.2008

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Product Reviews

PMS gets hybrid remortgage offers out

Product review

  • Time published: 00:01
  • Date published: 04.12.2008

Product Reviews

PMS launches two year fixed rate mortgage

Product review

  • Time published: 00:01
  • Date published: 04.12.2008

Is the time right for equity release?

Norwich Union is celebrating 10 years of offering equity release (Find out more).

Meanwhile, with house prices plummeting, should clients be signing up to equity release quickly to make the most of the equity in their home?

Click here to read our feature article

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