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GEMHL enhances overseas range

GE Money Home Lending has enhanced its British Mortgages Abroad product rangeby adding the option of buying a second holiday home. The range also offers a 0.26% rate reduction in reversionary rates following the expiry of any fixed rate, a rate cut on GEMHL’s three-year fixed product to 6.79%, and introduces a two-year fixed product with a rate of 6.29%.

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Calls for 14-day cooling off period on overseas deals

Conti Financial has called for a mandatory 14-day cooling off period on all overseas deals.Simon Conn, managing director of Conti Financial, says: “I believe there should be a mandatory 14-day cooling off period where all international property deals are concerned.“Too many people run into these deals like headless chickens, without thinking anything through. People only […]

Capita buys Synaptic Systems

Capita has bought Synaptic Systems, a major provider of research information and software aimed at IFAs and financial product providers, for an undisclosed sum.Synaptics tools, which are already used by more than 10,000 IFAs and many major product providers, allow IFAs to do product research across the financial services marketplace including pensions, life, health, investment, […]

Does the environmental impact of your house matter to you?

Nolh Clements, 27, events managerI am not in a position to buy a house now, but the environmental impact of a property is definitely something that would be important for me, especially as being environmentally-friendly is a big issue at the moment. Sam Wilson, 30, managerIt would depend on where the property was. Buildings in […]

Portman protesters vow to fight on

THE DISSIDENT action group protesting against Portman’s proposed merger with Nationwide has rejected offers of an armistice and warns it will topple the board before it lets the union takeplace. The action group, called Members Against the Takeover, aims to convince enough Portman members to vote no in the ballot on the merger next May, […]

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