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Consumers&#39 Association welcomes HIPs

The Consumers&#39 Association says it welcomes the government&#39s continued commitment to Home Information Packs, but urges it to avoid any delay in their full introduction.

It says that the move will allow greater transparency for buyers in the property market and will require sellers to provide prospective buyers with relevant information.

This will include the structural condition of the property, details of the title and deeds, as well as local authority planning records, such as planning consent.

The CA also adds that Home Information Packs will shift the onus of finding the information about a property from the buyer to the seller.

Emma Harrison, senior public affairs officer at the CA, says: “The CA is delighted that the government has again gone on record as being committed to Home Information Packs.

“Once these packs are introduced consumers will be able to make more informed decisions when deciding whether to make an offer on a property.

“The packs should also take some of the heartache out of buying by helping prevent failed transactions, often caused by poor survey results and legal issues.”


Portman chief to face leadership challenge

Portman chief executive Robert Sharpe looks set to face a leadership challenge. Carpetbagger Tim Tanner last week started gathering signatures for a campaign to oust Sharpe. Tanner, leader of the Mutual Members&#39 Campaign, says he aims “to restore democracy and membership participation” at UK building societies, questioning Sharpe&#39s handling of Portman&#39s branch closure programme last […]

Moscow International Property show is escape route to Europe

Moscow&#39s International Property Show on November 14 and 15 will provide a platform for Russians seeking a European safe haven, experts said yesterday. With recent political and economical turmoil, more and more Russians are looking for a safe haven to invest their monies in Europe. The two-day event at Moscow&#39s Renaissance Hotel is strategically planned […]

Advantage increases turnover by 185%

Advantage Mortgage Services says turnover has increased by 185% with over £60m of sub-prime and niche mortgages now processed every month. The North-West based mortgage packager and branded lender, says the increase follows a number of packaging alliances over the last 12 months, with applications now up by 180% in its last financial year. In […]

24Talk launches call recording service

24Talk has just launched a call recording service designed specifically for financial advisers. The company says problems with recorded telephone conversations being compliant andlegally admissible in court, as well as being affordable, has long-been the bug-bear for all members of the financial community, from the small independent financial adviser to the multi-officed lender or packager. […]

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Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.


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