With two base rate increases already this summer and the expectation that we could be reaching the top of the interest rate cycle, Woolwich has launched a lifetime tracker with no application fees at just 0.17 per cent above base rate (current payment rate 5.92 per cent), its best ever rate for a fee free lifetime tracker.
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The Association of Home Information Pack Providers (AHIPP) has said that it’s ‘HIP Code’, which was first launched in 2006, has put paid to rumours of ‘loopholes’ in the current Home Information Pack (HIP) regulations.
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Northern Rock has updated its mortgage portfolio to flexibility to meet the broad range of borrower’s needs.
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The Conservatives have warned that Home Information Packs (HIPS) due to be launched on August 1, will provide a database for the revaluation of private homes, enabling local authorities to increase council tax bills.
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In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.
