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New fee structure for Furness mortgages through Pink

Pink Mortgage Club is changing its broker commission fee structure for Furness Building Society mortgages.

The new fee structure for standard cases is tiered according to loan amount and pays £100 up to £30,000, £175 for loans from £30,001 to £60,000 and 0.3 per cent for loans above £60,000.

The Furness standard product range includes cashback mortgages for first time buyers, buy to let mortgages and flexible products.


Last post for final-salary scheme

Should we consider winding up our closed final-salary scheme? You have an insured scheme where the investment is via the insurer&#39s with-profits fund and so is protected against adverse stockmarket movements. This has been an advantage as you have not suffered directly the poor stockmarket performance over the last year, unlike some of the schemes […]

Hometrack foresees no end to spiralling prices

House prices are rising at an annual rate of around 15 per cent, according to a survey by market analyst Hometrack.Its housing demand index for March reports a 1.6 per cent rise in house prices, up from 1.4 per cent in February. This took the national average house price to £120,900 from £118,965 the previous […]

Execution-only firms face EU fact-find threat

The FSA is to import new European Union conduct of business rules which would force people buying investment funds and pensions from a provider for the first time to complete a fact-find.The move threatens the survival of execution-only business on pensions and investments. It comes after lobbying by the investment industry toned down the original […]

Halifax – Halifax ISA Saver

Tuesday, April 9, 2002Type: Cash and Tessa only IsaAim: GrowthMinimum investment: Lump sum £3,000Maximum investment: £12,000Catmarked: NoInterest rate: Year one 4.75% gross, year two 5%, year three 5.45%,year four 5.55%, year five 5.6%Charges: NoneWithdrawal penalty: 180 days’ interest on amountwithdrawnCommission: NoneTel: 08457 263646

The Investment Clock: Keep calm and Macron!

Trevor Greetham, Head of Multi Asset In a marked contrast to the surge in risk sentiment that followed President Trump’s election in November, markets greeted Emmanuel Macron’s victory in the French presidential election with satisfaction and relief, rather than euphoria. After rallying strongly on opinion polls that accurately predicted the outcome, the euro held onto […]


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