Limited Edition buy-to-let remortgage deals from Aldermore

  Aldermore Residential Mortgages is today launching a range of Limited Edition Buy-to-let remortgage deals:   Market leading* 5 year fixed rates – at 4.78% to 65% LTV, 4.98% to 75% LTV or 5.88% to 80% LTV Term variable rate …

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FSA fines insurance broker £472,000

  The Financial Services Authority (FSA) today banned and fined a former commercial insurance broker who used clients’ insurance premiums to fund his business. Stephen Goodwin, a former partner of Goodwin Best in Bury, Lancashire, has been fined £471,846 for …

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CHL achieves NSAFS employer accreditation

  Specialist lender, CHL Mortgages, has today (24th July 2012) announced it has been independently assessed for its training and received the Accreditation of Employer Training from the National Skills Academy for Financial Services (NSAFS). The NSAFS Accreditation Scheme was …

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Seven banks to review business loan sales

  The Financial Services Authority (FSA) has announced that seven additional banks have volunteered to review their sales of interest rate hedging products to small and medium sized businesses. Allied Irish Bank (UK), Bank of Ireland, Clydesdale and Yorkshire banks …

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£730m paid out in PPI redress in May

  The FSA has announced it’s latest monthly update on the amount of payment protection insurance (PPI) refunds and compensation that are paid to customers who were mis-sold a PPI policy In May 2012, £730.5 million was paid out to customers …

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Spotlight: Shawbrook Bank

  Shawbrook is a new savings and lending bank who specialise in the savings and lending markets where they have solid experience and knowledge. Shawbrook give their customers a straightforward, no-nonsense alternative to the high street. And they combine traditional …

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New power strengthens consumer credit protection

  A new power to help clamp down on rogue companies that provide goods or services on credit, lend money, collect debts or help people with debt problems was announced today by Consumer Affairs Minister Norman Lamb and the Financial …

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Broker banned by FSA

  The Financial Services Authority (FSA) has banned a mortgage broker following his role in a multi-million pound fraud, for which he was sentenced earlier this year. Brian Lambert, a former director at Talk Mortgage Services, is prohibited from performing …

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Bank of England Trends in Lending July 2012

  This quarterly publication presents the Bank of England’s assessment of the latest trends in lending to the UK economy. It draws mainly on long-established official data sources, such as the existing monetary and financial statistics collected by the Bank …

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UK property values fell by two per cent in first half of 2012

  Property values fell by two per cent in the first six months of 2012, as austerity measures at home and political wrangling in the Euro zone continued to stifle growth outside of London. Total return in June remained positive, …

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