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Our most read stories last week

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  • 17/10/2014
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Our most read stories last week
In our weekly round up, we review the most popular stories on Mortgage Solutions.

Labour plans to block buy-to-let investors

Buy-to-let investors could be banned from purchasing new build homes if Labour win the election.

Gang guilty of £30m mortgage fraud sentenced

A gang of four who masterminded a £30m mortgage fraud have been jailed for a combined total of 34 years.

Tesco starts lending to 90% LTV

Tesco Bank has launched its first range of 90% Loan to Value mortgage loans.


Accord launches five-year fix at 2.59%

Accord Mortgages has launched a new range of 65% LTV five-year fixed mortgages.

Online mortgage transfer service a success – Halifax

Almost half of Halifax mortgage product transfers by individual customers are now being completed online.

Adviser who stole from client’s pension ordered to pay back £250k

An adviser who stole more than £200,000 from a client’s pension has now been ordered to pay it back, plus interest, as well as serve three years in prison.

Aldermore abandons flotation plans

Challenger bank Aldermore has ditched plans for an initial public offering (IPO) after lack of investor enthusiasm for the £875m valuation.

PFS calls for MAS name change

The Personal Finance Society (PFS) has written to the Money Advice Service (MAS) to suggest it changes its name to Money Guidance Service to better reflect the service it offers.

Inflation drop could be good news for mortgage advisers

With inflation at its lowest level since September 2009, and possibly set to fall further, the Bank of England is now under less pressure than previously to raise rates to curb prices.

But what does a delayed rate rise mean for the mortgage market?

BoE economist: Rates could stay lower without causing inflation spike

The Bank of England’s chief economist has suggested interest rates could remain low for a protracted period without causing inflation to spike.

 And now for something completely different:

Legal & General’s John Pollock is calling for the mortgage industry to support charity event “OctRock” at the O2 Academy Islington on Thursday 6th November.

Pollock, Legal & General’s Group Board Director and CEO of Legal & General’s Insurance division, has announced his band, INEXECS, will headline at the 3rd annual “OctRock” event.

INEXECS will be supported by The Wandering Foxes, which includes Geoffrey Timms from L&G Group Legal.

OctRock aims to raise money for two charities, CLASP (the Counselling Life Advice Suicide Prevention Charity) and Cancer Research UK.

John Pollock, chief executive of Legal & General Insurance, said:”OctRock 2014 promises to be the best one yet – and we’re keen to see as many of our industry partners and colleagues as possible coming along to support a great event and two very worthy charities.

Donations to the event charities can be made by purchasing tickets. All enquiries for tickets should be sent to alyson.bowcott@landg.com

 

 

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