Select & Protect has launched a commercial insurance proposition called Bonus Underwriter. The range, underwritten by Norwich Union, enhances its introducer status offering.
Halifax’s monthly price index has revealed house prices rose by 1.7% in October. There have, however, been indications of a weakening in activity at earlier stages of the house-buying process, suggesting that house price inflation may slow in the coming months.The latest RICS survey shows signs of a slowdown in activity with virtually no change […]
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 […]
Henry Pryor, founder of primemove.com, says: “The move to a 5% base rate will only upset what is already a fragile market. “Nationally, house prices have been increasing at a healthy rate over the past year, but the overall inflation masks regional differences. London and the South-East have performed well but peripheral regions, including the […]
Consumer debt is growing at its slowest rate for 13 years, according to figures from Alliance & Leicester’s Borrowing Monitor. The latest figures for consumer borrowing other than for the family mortgage reveal that the growth rates recorded in recent years are reversing. The statistics show that borrowing has slowed to just 1.4% a year […]
Corporate health cash plan provider Health Shield has been nominated for an award at the Corporate Adviser Awards 2013. The friendly society has been shortlisted in the Best Cash Plan Provider category.
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