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Cardiff Pinnacle appointment

Cardiff Pinnacle has appointed Andy Swain as chief commercial officer with additional responsibility as executive director for the group’s sales and marketing function. His role encompasses the insurer’s creditor, warranty and direct product offerings to the UK market.

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UCB Home Loans increases variable rates

UCB Home Loans is to increase its variable rates by 0.25% for both new and existing borrowers from September 1 2006 following changes to the Bank of England Base Rate. Its flexible variable rate is now 7.04%, its investment flexible variable rate is now 7.04%, its loyalty variable rate is 6.64% and its self-cert variable […]

Instability drives sellers to overprice

House prices in England have reached record levels because the instability of the market is causing sellers to overprice, says Moneyfacts. House prices in England were 7.7% higher between April and June this year than at the same time in 2005, figures from the Land Registry show. Lisa Taylor, spokeswoman for Moneyfacts, says: “The World […]

TMB revamps range

TMB has revamped its self-cert, house to house and multi buy-to-let products.TMB managing director Nigel Payne says: Applications at TMB are up 87% over the first half of the year but we still need to do more.Our revamped product range is the result of packagers telling us what theyneed in the marketplace to provide an […]

Societies donated 5.8m last year

The Building Societies Association has revealed that 5.8m was donated to various causes through affinity accounts in 2005. The figure comes from the first research conducted into affinity accounts.

Diversified cashflows are key

Dividends are under pressure in some areas: but reliable yields can still be found. So says Adrian Frost, manager of the Artemis Income Fund, in conversation with Lawrence Gosling.

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