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e.surv predicts soft landing for the housing market

e.surv has backed results from the Council of Mortgage Lenders’ conference that suggest a soft landing for the housing market.

At present, while overall activity is down, this is a consequence of a combination of three factors seasonality, previous interest rate rises and most importantly, regulation.

Richard Sexton, e.surv national business development manager, says: “The industry now appears to be well on the way to having dealt with the teething problems resulting from M Day.

“In fact, many of our clients are giving us an indication that they intend to return to the market strongly from January 1.

“As the industry faces tougher times it tends to be the quality providers who do well, and we believe that the market in 2005 will be one in which e.surv and its sister company Your Move Estate Agency, will be able to expand their respective market shares.

“This will be achieved through growing the client base, but also we will consider strategic acquisitions.”


Financial health matters

Concluding a two-part article, I look at the role of information in promoting responsible lending and the part profit-making organisations can play as debt advice providers.

FSA to crack down on unauthorised GI business.

In a speech in New York last night, John Tiner, chief executive at the Financial Services Authority, pledged to crack down on unauthorised general insurance intermediation business.He says the FSA has already been taking measures to crack down on unauthorised business in the mortgage market and will continue to do this in the insurance field.He […]

Countrywide kills UK launch

US mortgage giant Countrywide Financial Corp has killed – for now – plans to create a sub-prime lending division in the United Kingdom.In an interview with Mortgage Strategy Online last week, CFC chairman and chief executive Angelo Mozilo confirmed the idea has been put on hold, but promised the company would revisit the issue “some […]

Don’t play chicken with the Bank of Japan

By Josh Ausden, Head of Client Investment Strategy, Neptune Short-term yen strength has hurt the Neptune Japan Opportunities Fund but recent events have only added weight to our conviction that the Bank of Japan will act to ease policy, boosting multinationals’ profits and weakening the yen. In recent weeks the performance of the Japanese stockmarket […]


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