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Secured lending set to slow

Datamonitor says secured lending will calm over the next five years. From 2005 to 2009 it predicts gross advances will grow at an average of just 5.3% per year to reach £35.4bn in 2009. This compares with growth of 50% per year over the past five years.

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em-international to launch Spanish property service

em-international is to launch a facility to assist brokers looking to help clients find the perfect property in Spains Costa Blanca region on September 27 at the em- Bristol roadshow. Roger Morris, managing director at em-, says: “Bristol will see the launch of our new Spanish property search facility that boasts hundreds of resale and […]

OFT urges Councils to provide more open property information

The Office of Fair Trading says property information held by local authorities in England and Wales should be made more readily available to people buying and selling property and their agents.Over 1.5m property transactions are conducted in the UK (1.4m transactions in England and Wales) each year. Property buyers need information relating to a property […]

Mansfield lauches two year discounted mortgage

The Mansfield Building Society has launched a mortgage that has no early repayment charge. The two-year discounted mortgage, available to customersin England and Wales, will be one of the few available on the market that does not incur an early repayment if the customer wishes to repay the mortgage in full or part during the […]

No MCOB rethink yet, says FSA

The Financial Services Authority says it has no plans to review the Mortgages Conduct of Business rules despite calls from the Intermediary Mortgage Lender’s Association to do so. Speaking at the IMLA annual dinner last week, Tim Dawson, chairman of IMLA, called on the FSA and the industry to review MCOB in 2006. Dawson says: […]

UK: mid-year review and outlook

By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]

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