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NatWest Intermediary Solutions – Core Range Mortgage Portfolio Update

NatWest Intermediary Solutions – Core Range Mortgage Portfolio Update

Update: 2-year fixed rate to 75% LTV reduced to 3.54% from 3.64% with a £999 arrangement fee purchase-only 2-year fixed to 80% LTVreduced to 4.49% from 5.29% with a £999 arrangement fee, purchase-only 5-year fixed to 90% LTVreduced to 6.49% from 6.99% with a £999 arrangement fee remortgage-only 2-year fixed to 75% LTV reduced to 3.54% from 3.64 with a £999 arrangement fee remortgage-only 2-year fixed to 80% LTVreduced to 4.49% from 5.29% with a £999 arrangement fee




FSA to exempt certain Holloway policies from RDR

The FSA is proposing to exempt certain Holloway sickness policies from the Retail Distribution Review, as part of its latest quarterly consultation issued today. The regulator says the RDR’s rules on professionalism and adviser charging should not apply to advice on some of the policies, which combine income protection insurance with an investment element. The […]

FOS may publish final decisions as it strives for transparency

The Financial Ombudsman Service is considering publishing some of its final decisions in a bid to improve transparency in its decision process. The FOS is about to start work on its budget and corporate plan for the next financial year and will consider how best to improve transparency. In the December edition of Ombudsman News, […]


HML hires former Virgin Money director of banking

Former Virgin Money director of banking Ian Cornelius (pictured) has joined HML as its new director of savings and unsecured lending. The firm currently provides outsourced mortgage administration to over 30 UK and Irish financial institutions and has around £40bn assets under management but it is looking to launch into savings and unsecured lending administration. […]


Miliband: VAT rise is wrong tax at wrong time

Ed Miliband has attacked today’s rise in VAT to 20 per cent branding it the wrong tax being introduced at the wrong time. Speaking to Labour activists in Oldham East and Saddleworth yesterday as they prepare for next week’s by-election there, Labour leader Ed Miliband criticised the Liberal Democrats for supporting a policy they attacked […]

How QE is distorting the gilt market

By Mike Riddell The moves in gilts in August were truly exceptional. Volatility in the gilt market (based off 10-year gilt futures) has soared to close to the highest levels seen this millennium, on a par with the eurozone debt crisis of 2011/12 and behind only the global financial crisis of 2008/09. The first distortion […]


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