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Capital FTBs save for longer

Figures from The Co-operative Bank show first-time buyers in London must save for longer for their deposits.

If would-be buyers saved 307 per month, half the average mortgage payment for first-time buyers, it will take six years and two months to save the 10% deposit of 25,183 required in London by 2012.

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House prices increased by 0.1% in May

Halifax house price index shows that house prices increased by 0.1% in May, the smallest monthly rise since January’s 0.2% fall. Halifax says as expected, technical factors, specifically, the corresponding figures last year were weak – and recent momentum in the housing market have caused house price inflation to pick up in early 2006. The […]

Cracking the declined claims problem

It was good to see the Financial Services Authority coming out with a balanced report on the sale of critical illness cover recently. Huge steps have been taken to improve the way CI cover is sold but there’s still room for improvement.

B&W changes it’s look

Bristol & West Mortgages has refreshed its look to reflect the improvements which have been made to its products and services.The new look retains some elements of the previous brand but has beenrefreshed, updated and made more contemporary. The style also introduces a slightly amended logo.The intermediary lender has undergone significant change over the past […]

Enterprise says 700 brokers have registered on Edge system

Enterprise Group says around 700 brokers have signed up to its Edge systemEdge is an on-line solutions and checklist-generation system for brokers in the sub-prime market. It provides on-line, accurate ranked solutions, for any given sub-prime enquiry, utilising all the products available through Enterprises lender panel. Michael Clapper, CEO at Enterprise Group, says: The pick […]

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Health Shield announces strong results

Health Shield, a corporate health cash plan provider, has announced that it has increased gross annual premium income to more than £25m in another year of strong organic growth.

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