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IFA internet access soaring

Rocketing numbers of IFAs and mortgage brokers have access to the internet through PC’s on their desks, according to research by sub-prime lender Future Mortgages. In a survey of around 400 intermediaries,

Future found that 89 per cent had internet access close to hand, up from just 28 per cent in January. The lender says it now conducts 25 per cent of its business through online mortgage applications, up from around 10 per cent in September.

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Railway society says borrowers still baffled by real cost of loans

Many borrowers are left confused about the true cost of a mortgage when shopping around for the best deal, according to Stafford Railway Building Society.Manager George Robson says borrowers are often bombarded with information on interest rates, discount deals and cashback offers but still have little idea of how much a mortgage will cost them, […]

Close Fund Management – Close UK Index Growth Fund 2006

Tuesday, November 27, 2001.Type: Investment trust. Aim: Growth linked to the FTSE 100 index.Minimum investment: £1,000.Place of registration: Guernsey.Investment split: 100 per cent linked to FTSE 100 index.Isa link: Yes.Charges: Implicit.Commission: None.Tel: 0800 269824.

Pink Home Loans – Exclusive Buy To Let 5 Year Discount 75 Per Cent

Wednesday, November 28, 2001.Type: Buy to let discounted rate mortgage.Discounted term: Five years.Discount: 0.76 per cent.Payable rate: 4.74 per cent.Minimum loan: £40,000.Maximum loan: Loans of up to 60 per cent of valuation subject to amaximum of £1m, 61-70 per cent subject to a maximum of £400,000,71-75 per cent subject to a maximum of £300,000.Income multiples: […]

Equitable policyholders warned not to reject compromise

Equitable Life chairman Vanni Treves has warned policyholders they face a bleak future if they reject the compromise deal when they receive their voting packs in December.Speaking at the National Association of Pension Funds&#39 autumn conference in London last week, Treves said the only way to get the troubled life office back on a firm […]

Converting pension savings to a retirement income…

Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]

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