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City top of carbon emission league

The Liberal Democrat Party has revealed that the City of London emits 55 times more carbon dioxide per person than any other London borough. Research shows the UK as a whole is emitting almost four times the global average when it comes to carbon dioxide.

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Marketwatch

Swaps had a roller coaster ride last week with them initially falling before posting a sharp rise and then falling slightly, but ending up on the week.

Lenders must use IT or lose brokers

Easy and effective communication between brokers and lenders is vital for both parties. Using modern technology, brokers should be able to have their enquiries and applications dealt with quickly, easily and at no expense.

OFT warns estate agent

The Office of Fair Trading last week gave an official warning to the former proprietor of estate agency Homes Direct for failing to disclose his personal interest in the acquisition of a property from a client.

Ban called for on variable rate high income multiple products

Economist John Wriglesworth has called for a ban on high income multiple variable rate products.Speaking at today’s Mortgage Business Expo in London, he says that while he welcomes fixed rate high income multiple products he warns that variable rate options pose a “dangerous” and “unacceptable” risk to consumers.Wriglesworth says: “Variable rates with high income multiples […]

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Pension freedom: wish you were here?

Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.

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