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Charity takes volunteers to new heights

The national charity Lady Hoare Trust has begun a fundraising appeal to recruit volunteers in the UK to take part in a parachute jump.

Lady Hoare Trust&#39s events coordinator Fiona Head says: “Imagine standing at the edge of an open doorway of an aircraft flying at 10,000 feet. Now imagine leaning forward and letting go and falling through the clouds. The peace and tranquillity you&#39ll experience when your parachute opens, as you gently float down to your drop zone is truly awesome.”

No previous experience is required, as volunteers will be trained on the weekend of their jump. Jumps take place every weekend throughout the year at approved British Parachute Centres across the country. To qualify participants will need to raise a minimum amount of sponsorship.

The recruitment for volunteers starts now. Either call 020 7820 9989 or email or visit to receive a free information pack.


New nominal rate and buy-to-let deals from Bristol & West Mortgages

Bristol & West Mortgages has lowered its nominal rate to 6.5% from 7.75%. This means that all minimum rental yields will be calculated on this rate, except for the five-year fixed products, which still use the actual rate. For example, when a buy-to-let loan application is considered, theamount of money offered to the customer is […]

House price rises &#39easing&#39 says RICS

The latest study by the Royal Institution of Chartered Surveyors (RICS) found that the rate of increase in house prices eased in the three months to July. RICS says the difference between those surveyors reporting price rises to those seeing price falls fell to 53% last month, from 63% in June. But it is sticking […]

Mortgage advice to be split into three categories

Advisers will have to fit into one of three distinct categories when advising clients on mortgage contracts from June 2004. The FSA has distinguished between three types of selling process in its plans for regulation of the mortgage sales process: advised sales, non-advised sales involving a filter-question system, and non-advised execution only sales. Advised sales […]

PMI Europe insures £1.8 billion mortgage credit default swap

PMI Mortgage Insurance Company Limited (PMI Europe) has announced the insurance of a mortgage credit default swap agreement between the KfW group, Germany&#39s leading promotional bank, and Aareal Bank AG, a leading international property bank. PMI Europe is providing a £63.6 million layer of credit protection in connection with the £1.8 billion Aareal Bank mortgage-backed […]

Life after the CML

By Roy Armitage, head of credit at LendInvest Last month saw three-quarters of the membership of the Council of Mortgage Lenders (CML) vote in favour of plans to create a super-trade body, which would see the CML merge with the likes of the British Bankers’ Association and Payments UK. There is little room for misty-eyed […]


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