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Halifax division offers specialist lending

Halifax division Birmingham Midshires is this week branching out into specialist lending by launching mortgages aimed at the buy-to-let, self-certification and expatriate markets.

Midshires is moving towards becoming Halifax&#39s specialist lending arm by offering products and services unavailable elsewhere within the group.

It will continue to offer mainstream mortgages but expects specialist lending to account for at least 50 per cent of its lending within two years.

The range of specialist products will be available through Midshires&#39 67 branches and direct arm, via intermediaries and eventually through the Halifax network.


Schroder goes west for value in US funds

Schroder has introduced the US active value fund. The fund is aimed at investors who want to add American stocks to their portfolio and who are looking for growth. US active value is a unit trust that will benchmark the Salomon Smith Barney broad market US value index. This includes companies that the market thinks […]

Regime is past its sell-by date

It is a truism that the only constant is change. The challenge for financial advisers, product providers and regulators alike is how to adapt to change and how to shape it where that makes sense.The debate on polarisation must be seen in this context.Since polarisation was established in 1988, a great deal has changed and […]

Moneyextra to be sold for £26m

Moneyextra plc is announcing the proposed sale of its consumer web portal to Great Western Financial Services for £26m. Moneyextra says the move comes because additional investment would be needed to compete with competition from the well-branded institutional players in the market. The group will focus on its strategy of becoming an e-commerce and […]

ED & F Man Investment Products – Man-Glenwood Nexus Guaranteed

Friday, 10th November 2000.Type: Offshore bond.Aim: Growth by investing in Man-Glenwood Nexus Guaranteed portfolio.Minimum investment: US$50,000 or Euros 50,000.Place of registration: Bermuda.Investment split: 100 per cent Man-Glenwood Nexus Guaranteed.Isa link: No.Charges: Annual 3 per cent.Commission: Subject to negotiation.Tel: 0041 848801814.


Lifetime Isa – how it works

According to George Osborne “people like Isas – because they’re simple”. Fiona Tait is not convinced… Contributions & bonuses What he said: “From April 2017, anyone under the age of 40 will be able to open a Lifetime Isa and save up to £4,000 each year. And for every £4 you save, the Government will […]


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