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Mortgage assets rise at Yorkshire

Yorkshire saw mortgage asset growth of 10.4% to £13.3bn in 2006. Gross lending was up 26% to £4bn and net lending was up 52% to £1.3bn. Iain Cornish, chief executive of Yorkshire, says: “2007 will be a year of economic uncertainty but we believe the UK economy is resilient.”

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Accountancy firm calls for IHT rethink

A member of the world’s fifth-largest accountancy network has called on chancellor Gordon Brown to raise the Inheritance Tax threshold in his final Budget on March 21.

GMAC-RFC cuts product rates

GMAC-RFC has today slashed rates by between 10 and 31 basis points on its prime and self-cert products. Buy-to-let product rates have been cut by between 20 and 35 basis points.

Brokers sceptical over carbon target

A survey by UCB Homeloans shows 67% of brokers believe the government will not achieve its target of making all new homes carbon-neutral within 10 years.

Value for money in DC pensions

The Pension Policy Institute (PPI)’s recent report “Value for money in DC pensions” tries to identify factors by which people can assess whether their pension offers fair value for money (VFM). Fiona Tait provides an overview of the findings. Positive Outcomes It is extremely hard to assess VFM in a pension. Press activity naturally focuses […]

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