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Cattles shares plummet

Cattles shares fell by 41% today after it issued a profits warning.

Cattles, the parent of Welcome Finance says its annual profits will be “substantially lower” than current market expectations.

Cattles blamed its profit warning on the need to write-off more bad debts.


Buy-to-let lenders will need government help

The Intermediary Mortgage Lenders Association has warned that buy-to-let lenders will not be able to cope with demand unless they are able to access government support.

Trigold offers Encore users free trial

Trigold is offering brokers affected by the withdrawal of Encore, Mortgage 2000’s sourcing system, a free two-month trial of its software.

Divorcing couples need sound advice

The recession is affecting people in ways we wouldn’t ordinarily think of. With falling house prices, matrimonial solicitors say that an increasing number of couples are finding it uneconomical to divorce or separate. A rising number of home-owning couples are in negative equity or unable to achieve the equity from a property sale sufficient for […]


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