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Mercantile cuts SVR

Mercantile Building Society is reducing its standard variable mortgage rate by 0.25 per cent to 6.64 per cent.

Mercantile is also launching a choice of discounted products, with a discount of 1.55 per cent to August 2004 or 1.4 per cent for 5 years for mortgages up to 75 per cent loan to value.

The lender is also offering a fixed rate of 5.49 per cent until October 2003 or 5.79 per cent until June 2005 for loans up to 80 per cent loan to value.

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Close Property ACEs the property market

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Alliance trusts quit AITC over fees increase

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Virgin demands robust rules on Omo

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Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Pension freedom: wish you were here?

Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.

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