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Abbey For Intermediaries – Loyal Mover 2-Year Fixed

Abbey For Intermediaries – Loyal Mover 2-Year Fixed

Type: Fixed-rate mortgage for existing Abbey mortgage clients who are moving home

Fixed term: Until June 2, 2012

Fixed rate: 4.24%

Minimum loan: £6,000

Maximum loan: Up to 75% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Arrangement fee: None

Redemption fee: 3% plus repayment of cashback

Introducer’s fee: Refer to lender



Exchange aims to help with buying and selling IFA firms

Bankhall is launching a new service to support adviser firms looking to buy other IFA businesses, as well as those leaving the market. IFA Exchange, available to members and non-members of Bankhall, will offer expanding firms access to an acquisition consultancy team and provide guides covering the legal and regulatory issues involved. Advisers can get […]

Network Data and four other firms defaulted by FSCS

The Financial Services Compensation Scheme has declared five mortgage advice firms in default, including failed mortgage network Network Data. The four other firms are PMSG Insurance Services Limited (also trading as Professional Mortgages Services Group), Financial Quest UK Limited, Finance Direct (UK) Limited, First Class Mortgages Limited. The FSCS says it has so far received […]


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