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£485M extra for social housing

The government is to pump nearly £500m more into social housing in 2007. Communities secretary Ruth Kelly unveiled further funding of £485m for Arms Length Management Organisations to invest in the social housing they manage on behalf of local authorities.

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Overseas buyers take 90% of Oakwood

Merrill Lynch and Italian investment firm Compagnie Industriali Riunite have finalised their 90% acquisition of Oakwood Financial.

First And Last

Our first home was a modern-style three-bedroom terrace in North London. We bought it in the days before competition revolutionised the mortgage market, when even saving for 10 years with your local society didn’t guarantee you a mortgage. Having been let down by our local lender, Halifax agreed to provide most of the finance with […]

Growing interest

Brokers can ensure interest-only mortgages are not the next mis-selling scandal by making borrowers aware of the consequences of taking out these increasingly popular deals, says Stephanie SpicerBrokers can ensure interest-only mortgages are not the next mis-selling scandal by making borrowers aware of the consequences of taking out these increasingly popular deals, says Stephanie Spicer

Barry Meeks new MD of Pink

Skipton Group has today appointed Barry Meeks as the new managing director of its subsidiary Pink Home Loans.Meeks is an established name in the mortgage industry and has held a number of senior roles in the Skipton Group over recent years, notably as managing director of three subsidiary companies – HML, Amber Credit and most […]