View more on these topics

NHER offers training for energy assessors

With the June 2007 deadline for the introduction of Home Information Packs fast approaching, National Home Energy Rating has launched a training scheme for Energy Performance Certificate assessors.

NHER’s domestic energy assessor programme includes eight days of intensive training on construction, thermal physics and energy efficiency.

Austin Baggett, head of the NHER scheme, says: “Recently the government confirmed that millions of tonnes of carbon and billions of pounds in fuel bills could be saved each year by simple measures. We need to encourage householders to take action to reduce carbon emissions.

“But the introduction of EPCs is in jeopardy if there are insufficient numbers of trained and qualified experts to do the certification and to offer advice to home owners.”


Abbey makes rate changes after interest rise

Following the increase in the Bank of England’s base rate from 4.75% to 5.00%, cahoot’s standard savings account will increase from 4.80% to 5.00% AER/gross p.a. for both existing and new savers.Abbey’s variable tracker rate mortgages, which automatically follow changes in the base rate, have increased by 0.25%.

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.

Woolwich clarifies position

Woolwich has defended its decision to contact brokers’ clients directly if they need more information on a case.Jonathan Cornell, technical director at Hamptons Mortgages, attacked Woolwich in Mortgage Strategy last week for doing this. But since then, Woolwich has confirmed that it only contacts a client if a broker has missed off something vital from […]

Nationwide reports 34% increase in gross residential lending

Nationwides half-year results show gross residential lending was up 34% to 14.5bn from the corresponding period last year.Net lending was up almost 50% to 5.9bn, the number of mortgage sales were up 17%, and the society appeared in mortgage best buy tables 272 times between April and September 2006.The results show that Nationwide’s three month […]

The future of active management is now

Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management’s shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions. Four investment experts […]


News and expert analysis straight to your inbox

Sign up