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Principality sees profits fall

Principality has revealed pre-tax profits of £8.4m for the first half of 2008, a major drop from the £16.2m seen in the same period last year. Its unaudited group interim results show assets have increased by £437m to £6.29bn.


5D acquires InterBay Commercial

InterBay Commercial was sold by its US parent Bayview Financial to rival UK commercial lender 5D Group for an undisclosed sum last week.

L&G bigwig joins Towergate

Ben Thompson, managing director of Legal & General Mortgage Club, has revealed he is leaving the firm to join Towergate Partnership, the parent group of his previous employer Paymentshield.

Inflation rises to 4.7%

Inflation has risen to 4.7% in August from 4.4% in July partially due to mortgage arrangement fees.

What attendees thought of the LendInvest Property Development Academy

LendInvest ran its first Property Development Academy in London last month. Attendees from all over the UK gathered to learn how to better equip themselves with the skills they need to grow their property development portfolios. Speakers from CBRE, Gleeds, Arcadis, Gowling, Residential Edge and AZ Urban Studio gave their insights into their respective fields […]


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