Hints and tips:
...Five unmissable stories this week Baillie Gifford’s flagship Scottish Mortgage Investment Trust asked one of its non-executive directors to resign at a board meeting on Thursday, following what he said...
...“A lot of lenders moved away from accepting as much variable income as they did before the pandemic,” says David Hollingworth, director at mortgage broker L&C Mortgages....
...Capital: Expects half of the c.80bp transitional relief from 2Q20 to unwind over the course of 2H20. Mortgages: Notes that attrition has recently reduced from c. 15% to 11-12%....
...Most life companies have limited exposure to speculative grade market....
...The company’s FY 2019 net debt/EBITDA of 3.5x left it with a limited margin for error and restricted its operational and strategic flexibility....
...David Hollingworth, associate director at broker L&C Mortgages, says Tesco’s existing fixed-rate borrowers should review the options offered by the bank and compare them with those available elsewhere, “...
...David Hollingworth, director at broker L&C Mortgages, says more borrowers are likely to focus on longer-term deals....
...The RTC would establish, say, five tiers of mortgage, offering, say, 70 cents in the dollar for tier A, 60 cents for tier B, 50 cents for tier C, and so on....
...increase, decrease, dispose of, or change the form of its investment in the companies for any or no reason....
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