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Barclays – Woolwich Offset Mortgage Portfolio update

Barclays – Woolwich Offset Mortgage Portfolio update

Update: Core offset to 70% LTV reduced to 2.48% from 2.59%, Core offset to 75% LTV reduced to 2.79% from 3.29%, loyalty 2-year offset tracker to 70% LTV reduced to 2.28% from 2.39%, loyalty 2-year offset tracker to 75% LTV reduced to 2.59% from 2.99%, special offset to 70% LTV reduced to 2.29% from 2.49%
Tel: 0845 070 1567


ECB raises rates 25 basis points

The European Central Bank is raising its rates from 1 per cent to 1.25 per cent to help reduce above-target inflation in the eurozone. The eurozone’s inflation has been running consistently above the ECB’s 2 per cent target, leading Jean-Claude Trichet, the president of the ECB, to hint at a rate hike.However, many fear a […]


Aifa wants FSA to set out simple and basic advice differences

Aifa is calling for the FSA to clearly set out the difference between simplified advice and the current basic advice regime. Director Robert Sinclair says it is not yet clear how simplified advice will differ from basic advice. He says: “The FSA has a regulatory framework within which people can operate, which is split into […]

EU ministers meet to discuss Portugal bail-out terms

The European Union will meet today to discuss the terms of Portugal’s bail-out package following the countries request for aid yesterday. But it is doubtful whether Portugal’s caretaker government can agree to austerity measures that would be a condition of the loan, according to the BBC. Portugal’s out-going Prime Minister Jose Socrates’ government collapsed after […]


Barclays tops regulator list with 276,000 complaints

Barclays Bank received more complaints than any other financial institution during the second half of last year, with more than 276,000 new complaints. The FSA’s complaint figures, published last week, provides data for firms that reported 500 grievances or more over the six-month period between July and December 2010. The figures show Barclays received a […]

The Great British Break-Off

Despite predictions that a vote to leave the European Union would result in an economic apocalypse, UK equities have shown the market equivalent of a stiff upper lip: bouncing back, keeping calm, and carrying on. Although the road towards Brexit remains clouded in uncertainty, UK equities offer a range of opportunities to investors seeking returns […]


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