View more on these topics

Praxis adds igroup to panel

Praxis has added igroup to its lending panel, the third new lender it has added, alongside Advantage and Freedom, in 2007. This move takes Praxis lending panel to 23.

Dudley Aldous, sales and marketing director at Praxis, says: We are always look to try and offer the widest possible range of lender partners to our brokers and clients.

Praxis already works alongside First National from the GE Money Home Lending group and it is one of our most popular lenders. We are excited about bringing igroup on board and being able to add its products to the many we already offer.

Colin Davison, national account manager for GE Money Home Lending, says: The key partnerships area is a growing channel in the market and a key factor in our distribution strategy.

We are delighted that Praxis will now be offering the igroup product range and GE Money Home Lending looks forward to building upon our already strong working relationship.


Brown’s Budget is a “lost opportunity”, says A&L

Alliance & Leicester says Gordon Brown’s Budget is a missed opportunity to help first-time buyers.Stephen Leonard, director of mortgages at A&L, says: “This Budget is a lost opportunity to redress the burden of Stamp Duty. “Alliance & Leicester has campaigned for more help for first-time buyers as our research reveals that the majority of them […]

Pass your equity release clients on to specialists if you want to rest easy

WWe describe our company as being made up of brokers who specialise in equity release indeed it is extremely unusual for us to become involved in anything else. We operate an introducer scheme for advisers who do not wish to get involved in this area. Its not unusual when I am speaking to other advisers […]

B2L investors take the long view

One in four buy- to-let investors plan to keep their properties for more than 15 years, according to Mortgage Trust. And three-quarters of landlords expect to hold onto their properties for more than five years.

Japan Economic Insight

James Dowey, Chief Economist, and Paul Caruana-Galizia, Economist

The conventional wisdom is that following a roughly 50 per cent rise in the stock market in 2013 in Yen terms, the Japan trade is over and done*. So the story goes, those big gains were due to a one-off boost from quantitative easing (QE) and a depreciation of the Yen — policies that one should think of as a palliative to Japan’s economic weakness, but not a cure. Rather the cure, and by implication the necessary condition for a longer-term investment case, is deep structural reforms — a painstaking re-weaving of Japan’s economic and social fabric, no less. The story continues: this is a much tougher test than launching a blast of QE, and one that prime minister Shinzo Abe, although well intentioned and well supported by the public thus far, is likely to fail. Stick a fork in Japan, it’s done…continue reading


News and expert analysis straight to your inbox

Sign up