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Nottingham BS temporarily withdraws from remortgages

Nottingham Building Society has announced that it has temporarily withdrawn from the remortgage market with immediate effect.

The society says this is a temporary measure as a result of its withdrawal of its 3 year discounted rate mortgage. It says that following this withdrawal it received an overwhelming number of applications, and is asking intermediaries using its service to contact their regional development managers for case updates.


MarketPlace mortgage for first time buyers

The MarketPlace at Bradford & Bingley is launching a first time buyer mortgage that allows purchasers to include their parents&#39 income when calculating how much they can borrow. Funded by Bank of Ireland the product carries a two year 1.5 per cent discount giving a current pay rate of 4.29 per cent. The mortgage is […]

Thames withstands ebbs and flows of market

Thames River capital has created a hedge fund of funds that will invest up to 33 per cent to seed new managers or start ups, enabling investors to benefit from the dividends of these companies. Thames River hedge + will be managed by Ken Kinsey-Quick, who joined Thames River in January 2003 as head of […]

AMI guides firms through cold-calling regulations

The Association of Mortgage Intermediaries has produced a factsheet on cold-calling for its members, clarifying the FSA&#39s position as regulation on cold calls is scheduled for this year. Cold-calling will be banned once statutory regulation starts in October but the AMI&#39s guide concentrates on what intermediaries will be allowed to do with regard to cold-calling. […]

Bristol & West plays family fortunes

Bristol & West has teamed up with Family Assurance to establish the Family protected savings plan, a capital-protected unit-linked endowment linked to the performance of four stockmarket indices. The product marries the capital protection of Bristol & West&#39s structured products with the tax privileges of friendly society plans. Friendly societies can offer tax-free returns on […]


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