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Brits expect to keep moving

Britons are moving home more often than ever and expect a lifetime of regular relocations, shows research from propertyfinder.com.

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BM Solutions named top buy-to-let lender

The Council of Mortgage Lenders has named BM Solutions as the top buy-to-let lender for the first half of 2006, measured by gross advances. This sees BM beating off Bradford & Bingley subsidiary, Mortgage Express and the Paragon Group into second and third place respectively. Tim Hague, director at BM Solutions, says: “BM securing the […]

Parents warned over buy-to-lets

Parents are being warned to do their homework before investing in buy-to-let properties for children going to university. Around 83,000 of Britain’s 2.6 million second properties are bought by parents for their student children. Lee Tillcock, editor of Business Moneyfacts, says: “The latest Business Moneyfacts survey confirms that almost 40 lenders would consider student lets, […]

edeus plays down RAMP absence

edeus says the absence of the Regulatory Association of Mortgage Packagers from its panel is not a sign of bad feeling between the two. Michael Bolton and Alan Cleary’s new lender revealed the names of the first 15 firms and associations to join its so-called circle of trust last week. This included the Association of […]

Interest rate rise could stabilise housing market

A rise in interest rates could ultimately be a good thing for the housing market, says Jonathan Cornell, technical director at Hamptons Mortgages. The Bank of England indicated in its inflation report last week that there is a 50% chance of inflation rising above 3% within the next six months, which means a further rise […]

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Pension over-taxing

800,000 people are at risk of being over-taxed on their pensions, writes Steve Webb, director of policy at Royal London Hundreds of thousands of people receiving company and personal pensions should check their tax code to make sure that they are not being over-taxed, according to a leading pensions firm. Mutual insurer Royal London has […]

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