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Nationwide offers &#39lowest ever&#39 mortgage

Nationwide has launched a range of fixed and capped rate mortgage products, boasting they are its lowest ever deals.

Rates have been reduced by between 0.3 percentage points and 0.5 percentage points. It claims this also makes the three and five-year fixed rates and the three-year capped-rate mortgages the lowest currently available from any high street lender.

The society has been battling against repeated attempts to force it to demutualise. It has been under pressure to show it can provide more value to both its savers and borrowers as a building society.

For people moving house the society&#39s three-year fix now stands at 5.49 per cent. The five-year fix stands at 5.79 per cent and the five-year fixed-rate loyalty mortgage, which is only available to existing Nationwide borrowers, offers 5.69 per cent. The three-year capped rate stands at 5.79 per cent.


Scottish Widows cuts standard variable rate mortgage

Scottish Widows Bank is reducing its standard variable mortgage rate to 7.49 per cent from 7.99 per cent.It says this rate will be available with its 80 per cent LTV Flexible Mortgage and 110 per cent Professional Mortgage.Managing director Rob Golbourn says: &#34Our variable rate has been recognised as consistently lower than most lenders in […]

Microsoft imports its professional development conference from the US

Microsoft is importing its Professional Developer Conference from Denver Colorado to Birmingham and is advising IFAs to book early as the US event attracted over 6500.The conference which promises the best bits of the US version takes place on December 4.The one-day event will focus on application development within Windows 2000. Microsoft says the new […]


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