Wealth accumulated by homeowners via mortgage capital repayments reached a record £62.7bn in 2016, according to a white paper from the Equity Release Council. The total represents an increase of 54 per cent from £40.7bn in 2005. Total homeowner equity in England reached an unprecedented £2.6tn in 2016, according to the paper entitled ‘Equity release […]
The Financial Conduct Authority has been urged not to stifle fresh interest-only lending as it launched its third review of the sector in five years last week. The regulator unveiled the latest thematic review in its 2017/18 business plan. The report says: “Around 1.8 million UK homeowners currently have outstanding interest-only mortgages (excluding buy-to-let), and […]
Lenders are under fire for following mortgage regulations too rigidly and failing to innovate. Are they to blame, or are the rules themselves causing the issue? Is the mortgage industry in a period of stability or stagnation? Your answer may depend on whether you’re a glass half-full or half-empty person. The market has emerged from […]
By Mark Martin, Manager of Neptune UK Mid Cap Fund
Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.
This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]