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FTAdviser latest:Lloyds and C&G to cut fixed and tracker rates

Lloyds TSB and Cheltenham & Gloucester (C&G) have announced they will cut their new mortgage rates next week following yesterday's Bank of England base rate reduction.

Advisers offered free guide to equity release

Age Concern's guide to equity release is being provided to advisers free of charge as part of a partnership with Hodge Lifetime.

Halifax latest lender to pass on base rate cut

The Halifax has become the latest lender to announce it will cut the rates on some of its mortgage products following the Bank of England's decision yesterday (8 January) to cut the base rate to 1.5 per cent.

Cattles to close intermediary operation

Welcome Finance, the second charge mortgage lending arm of Cattles, is to withdraw completely from the intermediary market at the end of January, Money Management understands.

A&L reveals new intermediary exclusives

Alliance & Leicester has launched three exclusive remortgage deals for intermediaries.

Lenders race to pass on rate cut

Abbey, HSBC, Nationwide, Royal Bank of Scotland (RBS) and Lloyds TSB and Cheltenham & Gloucester have been quick to announced that they will be passing on today's reduction in the base rate to customers in full.

Bank of Ireland closes intermediary operation

Bank of Ireland is to withdraw from the UK intermediary mortgage market with immediate effect, Money Management can reveal.

Britannia to launch fixed rate mortgage range

Britannia Building Society has announced that it will cut the rates on its fixed rate mortgages from Friday (9 January) by up to 65 basis points.

A&L unveils new mortgage range

Alliance & Leicester (A&L) has launched a range of mortgage deals for 2009, with rates starting from just 3.49 per cent.

Lending figures down 51% since last year

Gross mortgage lending has more than halved in the last year, according to the Council of Mortgage Lenders.

Features

Mystery Shopper: Swindon

Swindon is the destination this week as our mystery shopper explores the market's appetite for mortgages in the New Year.


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Comments

Homeowners batten down hatches for 2009

In the mad search for the next retail business to go into administration, most of us missed the release of Bank of England figures which speak directly to the growing financial literacy of Britons.


News Analysis

Funding hope for specialist lender

Alchemy-owned Swift sets out development plans



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