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Kensington’s July tranche of funds 50% full

Kensington says its tranche of funds available for direct applications on its prime core range is now 50 per cent full for July.

It says in order to book funds, applications must be submitted online by 4.30pm each day. Applications submitted after 4.30pm will have funds allocated the next working day, subject to availability.

It says it will be unable to allocate funds unless this process is followed.


Mortgage proc fees on way out

Premier Mortgage Service is conducting a business review over concerns that procuration fees will fall away over the next two years to be replaced by advice fees.

Decisive action is needed now

In recent months, it has become almost de rigueur to chastise some media commentators for their downbeat reporting of the economy. But I am afraid that we are now at a point where the quicker it is universally accepted that using terminology such as the dreaded R – recession and redundancy is quite simply being in tune with another R word – reality.


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