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Purely Mortgages to offer fee from June 1

Purely Mortgages has decided to go from no-fee to low-fee from June 1.

Chief executive Mark Chilton says the firm was faced with the decision to either sustain its service levels and USP and change to a moderate fee or go back to a low service proposition without a fee.

It wil be charging 195 standard fee regardless of client status or loan size. The fee will be added on at completion stage.

Chilton says: “We remain utterly committed to the whole of market. The market wants speed, service of execution. Our low-fee position is recognition of this.”


Consumer groups and ABI come together to demand swift regulation of home reversion

The ABI has come together with other industry bodies and consumer groups to demand the swift regulation of home reversion products. The Personal Finance Society, Council of Mortgage Lenders, Help the Aged, Association of Mortgage Intermediaries, National Consumer Council and Association of Independent Financial Advisers along with the ABI have written a public letter asking […]

B-A in property link-up

IFA network Burns-Anderson has signed a deal with international property specialist Conti Financial Services to help clients interested in buying property abroad.

Iain Chadwick

The Budget 2015: a brief overview

Following George Osborne’s delivery of his sixth Budget as chancellor and the last of this current parliament, we have provided a brief overview of the initiatives put forward in his statement, focusing on the topics that have an impact upon the pensions landscape, savings, personal taxation and businesses.


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