View more on these topics

Tiuta drops rates to 1.25%

Tiuta has dropped its interest rate to 1.25% in the wake of the recent base rate reductions.

The bridging company now offers 1.25% per month up to 65% LTV and 1.45% per month for LTVs between 66% and 70%.

Gary Booth, chief executive at Tiuta, says: “Property prices are now competitive meaning that professional buyers are active.

“With rental incomes holding up and the cost of financing decreasing an investor can achieve attractive yields, ignoring any capital appreciation in the future.”


Third of workers would take salary cut to keep job

More than one third of office workers from Wall Street to Canary Wharf would be willing to work 80 hours a week, with 25% prepared to take a salary cut, if it meant they could keep their jobs, research from IT security data experts Cyber-Ark reveals.

Lord Lipsey resigns post at FSA

Lord David Lipsey has resigned as chairman of the Financial Services Consumer Panel citing a lack of resources and support for his work.

Pension - thumbnail

David Cameron appoints former adviser to Tony Blair as new pensions minister

Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.


News and expert analysis straight to your inbox

Sign up