View more on these topics

CML calls for tax breaks on equity release deals

The Council of Mortgage Lenders has criticised the government for failing to introduce tax breaks for equity release products.

Speaking at the Mortgage Business Expo yeaterday, Jackie Bennett, senior policy adviser at the CML, highlighted the need for tax breaks on equity release products used for home improvements.

Recommended

HRP paper delay slammed

Mortgage providers have criticised delays in the publication of the Treasury&#39s consultation paper on home reversion plans. The document will enable the government to poll the industry as to the suitability of home reversion schemes falling under the regulatory umbrella. Although Norwich Union welcomes the steps taken by the Treasury it says that, with a […]

Savills PF enhances illustrations to show effects of interest hikes

Savills Private Finance has responded to concerns about consumer debt by enhancing its mortgage illustrations to show the effect of potential interest hikes. The company has updated its computer system to provide would-be clients with standard illustrations for every mortgage proposal to show in pounds and pence what a borrower&#39smonthly loan repayments would be should […]

Destini buys two more IFA firms

Destini Financial Services has purchased two more large IFA firms &#45 Applewood Associates, one of Sesame&#39s largest IFAs and Essex, and Kettering-based Bervale Mead financial consultants. This brings the number of IFAs taken over by Destini to 11 over the last 12 months. Both purchases were made for a mixture of cash and Destini shares. […]

Genesis unveils initial plans for packagers and appointed reps

Genesis Home Loans has announced its initial propositions plans for packagers and appointed representatives beyond Mortgage Day. The Peterborough-based branded lender and mortgage club says it will be offering a full appointed representative proposition with the combined benefits of a detailed compliance offer, supported by the latest technology and a comprehensive lender panel. Benefits of […]

Newsletter

News and expert analysis straight to your inbox

Sign up