View more on these topics

Commercial cover launched

Select & Protect has launched a commercial insurance proposition called Bonus Underwriter. The range, underwritten by Norwich Union, enhances its introducer status offering.

Recommended

House prices rise 1.7% in October

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 […]

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 […]

primemove.com warns of upset market after rate rise

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 spiral begins to slow

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 […]

Newsletter

News and expert analysis straight to your inbox

Sign up