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Amber launches online DIP facility

Amber Home Loans has launched the first phase of its enhanced online solutions package – an electronic decision in principle facility for intermediaries.

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Compass buys The Debt Advisor

Compass Finance has bought debt advisory service, The Debt Advisor.At an EGM held today, the company agreed to buy The Debt Advisor and the placing of 11 million new ordinary shares to raise 4.15m net of expenses.Gren Folwell, chairman of Compass Finance, says: The acquisition of The Debt Advisor is a key strategic move for […]

Grant Thornton says World Cup glory could spark spending spree

Grant Thornton, business and financial advisers says an England victory in the World Cup could lead to an unparalleled boost in consumer spending, as delighted fans celebrate.However, businesses may feel the strain as workers’ distraction could severely affect productivity. Any extra spending following a home victory would initially be likely linked to celebrations, England replica […]

Compass Finance reveals interim results

Compass Finances interim results show it packaged 108.1m of loans in the six months ending March 31, up from 97.8m in 2005. During the period the group launched the Compass Finance branded insurance product range to supplement the existing product set and acquired The Debt Advisor in May.The group says the UK debt consolidation and […]

Homeowners better off than renters, says Abbey

Homeowners are 6% financially better off than renters, reveals Abbeys annual rent vs buy report.Although homeowners are on average 24,372 better off then renter, for the first time, the cost of owning a property over a 25-year period is higher than renting in some areas of the country. The biggest savings for buyers can be […]

How to use wills to protect your clients’ wishes

March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]

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