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L&G launches fixed-rate mortgages with Newcastle
Legal & General (L&G) Mortgage Club has launched two new fixed rate products, provided by Newcastle Building Society.
FSA to review quality of protection sales
The FSA has said it will review the sales standards of pure protection products by mortgage intermediaries in its Retail Distribution Review.
House prices fall by 0.3% in February: Land Registry
House prices fell by 0.3% in February compared with the previous month, taking the average property value in England and Wales to £164,455.
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Building societies to re-examine business models
Building societies will have to re-examine their risk management and business models under FSA guidance published today.
Mathon Finance goes into administration
Glasgow-based commercial bridging lender Mathon Finance has gone into administration with accountants PKF appointed as administrators.
Platform to make organisational changes
Platform is to relocate its pre-completion and customer care services centres, with up to 90 staff to be affected, Mortgage Solutions understands.
AMI calls for reform of Stamp Duty
Association of Mortgage Intermediaries (AMI) has described Stamp Duty as a badly constructed tax, which is sorely in need of proper reform.
CML warns of barriers to implementation of Stamp Duty threshold
The Council of Mortgage Lenders (CML) has warned that there will be genuine practical barriers to effective implementation of the Stamp Duty threshold.
Budget 2010: Northern Rock and B&B to merge
Chancellor Alistair Darling has announced that the Government will integrate Northern Rock Asset Management (NRAM) and Bradford & Bingley (B&B).
Budget 2010: Industry pleased by Stamp Duty decision
The mortgage industry has broadly welcomed the Chancellor's Budget Stamp Duty announcement.
Budget 2010: Darling reveals lending targets for RBS and Lloyds
The Chancellor has announced new targets for lending for the state-aided banks, Lloyds and Royal Bank of Scotland (RBS).
Budget 2010: Inheritance Tax allowance frozen
The Chancellor has announced that the Inheritance Tax (IHT) threshold has been held at £325,000.
Budget 2010: Darling increases Stamp Duty threshold to £250,000
Chancellor Alistair Darling has abolished Stamp Duty on house sales of up to £250,000 for first-time buyers.
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Number of FSA staff earning £100k or more triples in four years
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Mortgage Solutions Poll: Will further house price falls boost the industry? Vote now
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BoE to hold rates until Q2 next year, say economists
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MS Blog: Should we be buying property for our children now?
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Insurer CEO used £35k of client money to buy car
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MS Poll: Cash flow problems hit 81% of brokers
Aviva's Stephen Gay gets Cummings' AIFA role
Deal on EU-wide financial supervisors agreed
Prime London property price growth continues to soften
Mortgage Solutions Poll: Will further house price falls boost the industry? Vote now