Derek Wilson, chairman of the Council of Mortgage Lenders Northern Ireland, has urged the newly-formed Northern Ireland Assembly to tackle the shortage of affordable homes in the province. The CML says first-time buyer levels in Northern Ireland are at their lowest for 26 years and that in the past 10 years, house prices have trebled.
The industry has welcomed the Bank of England’s decision to freeze interest rates as good news for mortgage borrowers. The Monetary Policy Committee today voted to hold the base rate at 5.50% in June. The Council of Mortgage Lenders welcomes the base rate decision but warns fixed rate borrowers to plan ahead.Michael Coogan, director general, […]
High Street Home Loans has pled-ged to maintain its fixed rate deals even if swap rates continue to rise.A climate of base rate rises and in-creasing swap rates has led some len-ders to withdraw their fixed rate deals.But the sub-prime lender says that until October it will not pull or increase any of its six […]
Beacon Group has appointed Bruce Collins as group compliance manager. He most recently worked as head of compliance at MD Nationwide.
The Cheshire is suing chartered surveyors, Dunlop Haywards, for £9m following an investigation into alleged fraud by the company’s former head of valuations Ian McGarry.The writ follows a £50,000 investigation into “extreme inconsistencies” in a commercial valuation made by Ian McGarry – nicknamed “Flash McGarry” – who was arrested and released by police last March.An […]
Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:
- What to consider when segmenting your workforce
- How to communicate to pension scheme members at the right time in their member lifecycle
- What topics you should be discussing with your pension members
- The new pension freedoms and the importance of communicating them
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