SVR hikes could spark remortgage rush – L&G

With a number of big lenders increasing Standard Variable Rates, the market could be set for an uptick in remortgage business, Legal & General has said.

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Peer criticises Westminster's acceptance of RDR commission ban

Lord Flight garnered a mixture of praise and criticism over the past few days after penning a letter to the Financial Times predicting the RDR reforms will lead to only the rich being able to afford advice.

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Investigating the true cost of ‘free’ banking

With some consumers paying up to £900 in bank charges and others missing out on lost interest, Which? research shatters the myth of ‘free’ banking.

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Lloyds pledges £5bn mortgage lending to FTBs in 2012

Lloyds Banking Group has pledged to lend £5bn to first-time buyers before the end of 2012 across all its mortgage brands – the largest commitment made by a lender to help that sector.

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Skipton reprices 10-year fixed rate following high demand

The Society will launch a follow on product up to 75% LTV, at a rate of 4.79%. The product includes an application fee of £195 and a completion fee of £800.

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Residential property transactions have halved since 2006

Figures released by Her Majesty's Revenue and Customers (HMRC) show the number of transactions has fallen by 80,000, from a high of 150,000 in December 2006, to its current level.

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Scottish house prices lower despite bounce

House prices in Glasgow and west central Scotland are higher now than they were at the start of the year, but remain 2.4 per cent lower than they were at this point last year.

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