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Equity release needs competition

Norwich Union says the equity release market needs more high street providers, greater competition and a wider range of products to grow.

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Government denies Big Brother property database claim

The government has rubbished accusations by the Conservatives that it is compiling a Big Brother-style electronic database covering every home in the country. The database will accompany the government’s forthcoming national identity card and children’s databases and can hold an unlimited number of photographs. Almost 500,000 has already been spent on digital cameras to photographically […]

Openwork runs lead generation pilot

Openwork, the multi-tie network, is running a lead generation pilot with Nethouseprices.com, the UKs largest free listing sales and house valuation site. All links from the site for financial advice on mortgages and protection link through to Openwork and the leads are then distributed amongst advisers taking part in the pilot. Nethouseprices.com advertises homes free […]

Growing number of estate agents unaware of HIPs, says Easier2move

Easier2move has released the results of its Home Information Pack awareness index, revealing a worryingly lack of HIP knowledge amongst estate agents.The index revealed that the number of estate agents who were unable to describe with some degree of accuracy what a HIP is rose to 27% up from 20% in June. The majority of […]

Tipton and Coseley pass on 0.25% increase

The societys standard variable mortgage rate will increase by 0.25% from September 1, 2006.Tipton & Coseley is to pass on the 0.25% increase in full on every tier of every variable rate account. Chris Martin, chief executive at Tipton & Coseley, says: We are intent on providing our members with a safe and secure home […]

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