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Bank rate held steady at 0.5%
The Bank of England has voted to hold the base rate at 0.5% for the twelfth month in a row.
Towergate saved John Charcol from administrators
John Charcol went into administration last night, according to Ian Darby, chief executive officer at Towergate Financial.
Brokerage sets up John Charcol 2010
John Charcol has set up John Charcol 2010, which industry sources say could be part of its ongoing restructuring plans, Mortgage Solutions can reveal.
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FSA announces shock broker fee rise
The Financial Services Authority (FSA) has revealed a 9.9% hike in its annual funding requirement for 2010/11, which includes a nasty sting in the tail for mortgage brokers.
Remortgaging levels set to rise as lenders change SVRs
Remortgaging activity could be set to rise, with increasing standard variable rates (SVRs), cheaper rates and fears of increases all putting pressure on borrowers to consider changing their homeloan.
Lenders cutting rates despite high swaps: John Charcol
Lenders are cutting fixed rates as they are becoming more comfortable with the wider economy, according to Ray Boulger, senior technical manager at John Charcol.
Fixed rate popularity on the wane
The popularity of fixed-rate mortgages declined even further in November, according to John Charcol, with only 21.3% of its clients choosing a fixed rate.
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Kensington ramps up re-entry to mortgage market
Newcastle launches 90% LTV products
Lloyds to launch mortgage overpayment scheme
Remortgaging hits eight-year low: CML
State funded banks too uncompetitive: Moneyfacts