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Paragon Mortgages – Buy-To-Let Mortgage Range update

Paragon Mortgages – Buy-To-Let Mortgage Range update

Update: 44 new products introduced comprising 12 tw0-year fixed rates from 5.3% at 70% LTV to 5.85% at 75% LTV, 12 three-year fixed rates from 5.65% at 70% LTV to 6.24% at 75% LTV, 18 two-year trackers from 3.65% above Libor (current pay rate 4.7%) at 65% LTV to 4.3% above Libor (current pay rate 5.4%) to 75% LTV, two five year trackers at 4.25% above Libor (current pay rate 5.35%) to 75% LTV



Aifa appoints Chris Hannant as policy director

Aifa has appointed Chris Hannant as policy director. Hannant will also be responsible for developing policy at the Association of Mortgage Intermediaries and the Association of Finance Brokers. He joins the trade body from the British Chambers of Commerce, where he was policy director. He was also head of representation at manufacturers’ organisation EEF. Hannant […]


RBS to cut 3,500 jobs

Royal Bank of Scotland is to cut around 3,500 jobs as it sells and shrinks parts of its investment bank. The bank, which is 83 per cent owned by the Government, says the cuts will come across its UK and international offices as its looks to exit the cash equities, corporate broking, equity capital markets […]


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