Rate drop continues…

Rate drop continues…

Market Watch, Mortgages, News
Average rates across all fixed mortgage terms have fallen since the start of the year. According to research from data provider, Moneyfacts.co.uk the average two-year fixed rate has reduced the most, falling by 0.24% since January this year to 2.52%. Five-year fixed rates have dropped from 3.29% in January, to the current 3.10% and the 10-year rate has fallen to 3.43% from January’s 3.63%. Charlotte Nelson, finance expert at Moneyfacts.co.uk said: “With competition still fierce in the market, it is little surprise that mortgage rates have fallen in the first half of 2016, reaching record lows yet again and currently showing no signs of stopping. “Borrowers looking for a new mortgage deal today will be substantially better off than they were six months ago.  In fact, anyone considering a five-year…
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It’s business as usual for our home buyers

It’s business as usual for our home buyers

General Interest, Market Watch, News
A positive message from our CEO, it’s business as usual and our doors are open to help you with your new mortgage. "In light of the Thursday’s Referendum result, there will be a lot of uncertainty about in the financial markets. This is not the first time we have faced change and it will not be the last. Whatever our political views, we will be leaving the EU, so we need to put the result behind us and move forward. In times of turmoil your clients will look to you for positive support, guidance and advice on all things financial. We at Finance Planning are very good at advising clients, whether it is about mortgages, investments, or protection.  Now is the time to remind your clients about what you do so well and to…
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‘We feel like teenagers about to leave home’

‘We feel like teenagers about to leave home’

Finance Planning News, Market Watch
The Finance Planning Group network launched with little fanfare yesterday, but there's nothing low-key about its plans. “We feel like teenagers about to leave home. That’s how exciting it is,” says Terry McCutcheon, CEO of The Finance Planning Group (FPG). The group with 60 advisers set out on its own after months of planning and preparation to leave Legal & General, following 16 years as an Appointed Representative (AR). It’s been a life-long relationship as McCutcheon (pictured) joined L&G in April 1988 as a financial adviser, moved into management in 1990 and ended up as an area sales manager for the insurer before leaving to start his own financial advice firm. McCutcheon says: “I really liked 90-95% of L&G’s network proposition, but for us to have more control over policy…
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