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Asking prices rise

A degree of optimism has returned to the housing market as the Rightmove.co.uk house price index shows a rise in asking prices. Over 100,000 sellers entering the market have pushed up the average asking price by 941. Asking prices had fallen in the previous three months by 3,235, tempting buyers back. There are also fewer unsold properties per estate agency branch.

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PYV negotiates improved rates for MIs

PYV, the professional indemnity insurance broker for mortgage intermediaries, has negotiated new improved rates for mortgage intermediaries with St. Paul Travelers.PYV say this is good news for all types of mortgage intermediaries, ranging from networks to one-man bands, and improved rates extend to general insurance activities as well as term life activities.Ian Boscoe, director at […]

Are headline-grabbers the best deals?

BM Solutions recently launched a batch of mainstream products starting at 3.75% in what was considered by some as a move to stave off negative publicity after the departure of key staff. Though the headline rates grabbed the attention of brokers, the fee of 1,499 led some to comment that the deals would only be […]

The ambulance chasers will soon switch their attention to brokers

From Dave Rogers I met some friends a few days ago for a bite to eat and some mortgage advice. I would describe them both as of average intelligence (or highly intelligent if they read this) and had an idea. Having produced the usual report to the best of my ability I set my friends […]

Danger of housing shortfall

Only three in 10 of today’s 10 year olds will be able to afford their own homes unless house building increases, says the Office of the Deputy Prime Minister. By 2026 the proportion of 30-something couples able to afford to buy is set to fall to about one-third compared with a half today and two-thirds […]

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Guide: Johnson Fleming produces auto-enrolment checklist

For a job as big as managing the auto-enrolment changes, it’s important to know what has been completed and what still lies in front of you to give you the reassurance that everything is in hand. Getting the planning and project management right at the outset can help you see the path ahead and ensure everyone knows their roles and responsibilities. To help with this, Johnson Fleming has produced a checklist outlining every step that needs to be taken when preparing for auto-enrolment.

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