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Savills shuts down mortgage website

Savills Private Finance is shutting down its business-to-consumer website netmortgage.co.uk less than a year after it was launched.

The IFA says the fully-transactional website was unlikely to break-even for at least two years following disappointing sales which failed to meet initial estimates.

Savills believes the failure of the website demonstrates that borrowers are not yet prepared to buy mortgages online without advice.

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Neptune video: Indian valuations and Modi’s pro-investment agenda

Kunal Desai, Head of Indian Equities, discusses his expectations for the Indian market and highlights the key indicators that he is watching for 2015.

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