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Profits underpin UK banks’ growth

Profit growth in wealth management, investment banking and international markets have been key factors in the growth of UK banks, KPMG’s UK financial institutions performance survey reveals.

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Chesterton reports strong growth in rental sector

Chesterton Lettings has reported continued growth in London rental values throughout 2006.It estimates that in the last three months of 2006 overall rents increased by 3.6%, house rent increased by 3.8% and flat rent increased by 3.1%.Richard Davies, director at Chesterton Lettings, says: “Good news for landlords is the continual growth in London rental values.“Chesterton […]

Two big networks plan to double in size this year

Two of the industry’s biggest networks are gearing up for recruitment drives, fuelling talk of consolidation in the sector.Pink Home Loans and The Mortgage Times Group have unveiled plans to double in size by the end of the year.Pink’s strategy is to expand by acquiring rival networks while MT aims to recruit appointed representatives from […]

Leeds acquires a dangerous habit

I know, I’m on my soapbox again but I can’t resist it. Leeds has caught the Abbey habit. It is offering a 5 x income mortgage product at 6.25% available to 95% LTV without fees.

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