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Principality Building Society – Fixed Rate Mortgage update

Principality Building Society – Fixed Rate Mortgage update

Update: Addition of 4.49% and 4.59% three-year fixed rates to 75% LTV with no arrangement fee, 4.99% three-year fixed rate to 85% LTV with £999 arrangement fee, 4.79% five-year fixed to 75% with £999 arrangement fee, 4.99% five-year fixed to 75% with no arrangement fee




Severn slams FSA over consultation process for investment guidance

Former FSA head of retail policy David Severn has slammed the FSA’s suitability of investment advice guidance, saying it shows disregard for the consultation process. The regulator published the guidance consultation paper on January 6 which warns about the weaknesses of risk-profiling tools. The consultation closes on January 28. It cited a review of 366 […]


Clarkson Hill faced up to £4.8m liability for unsuitable advice

Clarkson Hill had its regulatory permissions varied in part due to a failure to show it could pay up to £4.8m in redress to consumers for unsuitable advice. A supervisory notice dated 23 November has revealed the reasons why the national IFA firm was no longer able to conduct any regulated activities. It reveals FSA […]

Jupiter’s Guy de Blonay says emerging markets are set to suffer

Jupiter’s Guy de Blonay, who took over the company’s £978m financial opportunities fund from Philip Gibbs this month, says emerging market equities will suffer amid a new wave of tightening measures. He says the markets will continue to grow in the longer term but for now developed markets such as the US are a better […]

Credit crunch

First-time buyers are being punished by lenders’ credit-scoring criteria, leaving them unable to obtain a mortgage and preventing them from getting on the housing ladder, according to brokers. First-time buyers are less likely to have a credit card or be on the electoral roll and can have frequent changes of address as a result of […]


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