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Platform Home Loans in new correspondent lending deal

Flagship Homeloans and Solent Mortgage Services have joined a correspondent mortgage lending arrangement with Platform Home Loans to offer products to non-conforming borrowers through intermediaries.

All products in Flagship&#39s non-conforming range will be eligible up to 95 per cent loan to value for a 1.6 per cent discount until June 1 2003, plus 0.5 per cent cashback of the total loan paid following completion.

Interest is calculated daily and the minimum loan is £25,001.

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Credit Agricole Asset Management – CA Funds Europe Equity Research

Tuesday, 26 March 2002 Type: Sicav Aim: Income and growth by investing in up to 70 European stocks Minimum investment: £0.01 Place of registration: Luxemburg Investment split: 100% in up to 70 European stocks Isa link: Yes Charges: Initial up to 4.5%, annual 1.6% Commission: Initial up to 4.5%, renewal 0.5% Tel: 020 7303 8042

B&B appoints product guru

Bradford & Bingley has netted a new product development director, David Cooper, who joins from credit card provider Goldfish Bank.Cooper will be responsible for developing new products including general insurance and mortgages for the bank&#39s IFA brands, The Marketplace and Charcol.As product director at Goldfish, Cooper was involved in the development of the company&#39s business […]

NDF recovers a second time

NDF Administration has introduced the second issue of its recovery growth plan, a guaranteed equity bond that allows investors to receive 100 per cent of any rise in the FTSE 100 index over a five-year term.Investors will also get their original capital returned in full unless the FTSE 100 index falls by more than 50 […]

Employers &#39are the real threat&#39 to falling provision

The Government has denied that pension provision in the UK is in crisis but says falling contributions from employers are the real threat to savings.Speaking at the Financial Services Forum about fears of a pension abyss as a raft of companies shut their final-salary schemes, Treasury economic secretary Ruth Kelly claimed many people are better […]

Global energy: positioning for a recovery in the oil price Š

Richard Hulf explains how he and John Dodd have positioned the Artemis Global Energy Fund and where they are finding opportunities. Richard explains how he and John are changing the complexion of the fund to focus on the most efficient oil producers. As he tells journalist Alexis Xydias, in this environment of lower prices, he […]

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