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Abbey launches five-year fix for seven days only

The special product is a five-year fixed rate product at 2.99% and available up to 60% LTV. The product is available to both homebuyers and remortgagors and has a maximum loan size of £1m. Cashback offers are also available.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2254732/abbey-launches-fiveyear-fix-for-seven-days-only?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=Abbey%20launches%20five-year%20fix%20for%20seven%20days%20only&utm_campaign=14%2F03%2F13%2011.02%20Abbey&utm_source=Daily&utm_medium=Email

Abbey launches five-year fix for seven days only

The special product is a five-year fixed rate product at 2.99% and available up to 60% LTV. The product is available to both homebuyers and remortgagors and has a maximum loan size of £1m. Cashback offers are also available.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2254732/abbey-launches-fiveyear-fix-for-seven-days-only?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=Abbey%20launches%20five-year%20fix%20for%20seven%20days%20only&utm_campaign=14%2F03%2F13%2011.02%20Abbey&utm_source=Daily&utm_medium=Email

Negative interest rates will 'increase the pressure to lend', says Ray Boulger

"A key aspect of any move to negative interest rates would be to encourage banks to lend more by making it expensive to keep excess liquid assets on deposit at The Bank. This is rather ironic as the Basle 3 rules and pressure from the FSA on lenders to increase their liquid assets has had the exact opposite effect.

http://www.financialreporter.co.uk/view.asp?ID=12095&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=11064-289207-breaker+1+28th+feb