Investing in residential property through a self invested personal pension will only be of interest to few people, Landlord Mortgages claims. Managing director Lee Grandin says: “It is too costly for most people so I don’t think SIPPs will have the monumental effect on the property market some are predicting.”
After several months looking as if a recovery was on the way, the property market is suffering again with average house prices down, data from SmartNewHomes.com reveals. The average price of a new home in September was 255,916, down 5.3% since the same month last year. This is the sixth consecutive month of negative annual […]
Mortgage Next has appointed a number of key figures and is looking to add more staff as a result of a recent strategic review. The group conducted a review with a packaging company to ensure it delivers good service to appointed representatives and brokers via both Mortgage Next Network and Mortgage Next Limited.
Advantage Home Loans is to give free valuations and cashback deals on all G200 box products funded by GMAC-RFC. This ensures brokers and their clients get the same deal by going to Advantage as they would going direct to the lender. Commission should be flexible Scottish Life has released figures that indicate a growing demand […]
Obtaining Key Facts Illustrations from lenders is the most significant problem intermediaries face since regulation, brokers taking part in the Association of Mortgage Intermediaries September Mortgage Intermediary Census have stated. Firms responding to the census also highlighted the cost of compliance as a direct threat to business.Previous census results have shown that the majority of […]
According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.
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