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Platform plans to boost B2L lending

Platform is looking to increase its buy-to-let lending by a third in 2012.

The Co-operative Bank-owned lender has ring-fenced £600m for buy-to-let for the year, up from the £450m it lent in 2011.

Lee Gladwell, business development director at Platform, says: “Platform has many years’ experience in buy-to-let and we aim to be a preferred lender for this sector in future by continuing to provide a wide and innovative product range and great service.”

He adds that uncertainty around the economy, employment and house prices is continuing to fuel demand for the rental market and create opportunities for landlords and brokers.


Bob Young

End-to-end approach will keep arrears low

At the end of last year, the Association of Residential Lettings Agents speculated that 2012 was likely to see arrears and repossessions rising in the private rental sector, mainly due to a predicted hike in unemployment.

Claims firms responsible for nearly half of FOS cases

Claims management companies accounted for almost half of all cases received by the Financial Ombudsman Service during 2011. Figures cited in a review of FOS by the National Audit Office last week show claims firms generated 45% of complaints to FOS last year, compared with 43% that came directly from consumers. The number of complaints […]

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EEF/Jelf Employee Benefits Sickness Absence Survey 2015

EEF stated in its 2015 EEF Manifesto that the UK’s growth prospects depend on people being fit, working and productive. Keeping people in work and helping people return to work is very important for the manufacturing sector. It means boosting productivity by getting people back into work as early as is possible, as well as fostering workplace cultures and environments that proactively manage individuals’ health conditions so that all can benefit from lower sickness absence outcomes.


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