FOS plans no annual charge for mortgage intermediaries - 2004-01-12
The Financial Ombudsman Service (FOS) has decided not to impose on mortgage intermediaries an annual levy, and has announced it will not charge firms for the first two complaints against them.

FOS believes the decision will benefit the vast majority of intermediaries who rarely have complaints made against them. The FOS budget also shows that the costs of handling complaints at the ombudsman have continued to fall.
Read the full story at Mortgage Introducer

Leeds & Holbeck releases no-lock-in 5-year fixed rate Mortgage below 5 per cent - 2004-01-12
Due to a drop in money market rates, Leeds & Holbeck Building Society will be releasing a new limited issue 5-year fixed rate mortgage at 4.99% on Wednesday 14 January 2004.

The loan is available up to 90% loan-to value and comes with no higher lending fee (MIG), no lock-ins at any time and no insurance requirements. The completion fee is £399, which can be added to the loan.
Read the full story at Mortgage Introducer