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Cameron sticks to guns over Stamp Duty

David Cameron, leader of the Conservative party, has stuck to his guns saying that he would abolish Stamp Duty for nine out of 10 first-time buyers.

The Tory leader made the statement in an interview this morning on BBC 4’s Today programme this morning.

It follows statements this weekend from chancellor Alistair Darling that the UK economy at its worst since the end of World War II.

Cameron says Darling was “talking the economy down” and that attempts to refloat the mortgage market are “really quite dangerous” but that he does support government plans to stop unnecessary repossessions.

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Lenders called on to play their part with ISMI reform

The Citizens Advice Bureau says it’s vital that lenders now play their part and treat borrowers sympathetically following the government’s changes to Income Support for Mortgage Interest.

BDM resigns from master broker

John Forde, BDM at Norton Broker Services, has resigned from the secured loans master broker to seek new challenges.

Mixed reviews over government plans

The mortgage industry has had mixed views to the government’s rescue plans for the housing market, revealed today.

Guide

Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.

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