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LAST WEEK’S WINNER

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“Everyone wanted a housing Grant!”

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DAVID GILLAM: ALL CREDITORS WILL BE PAID
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Failure to obtain PI cover leads Spinnaka into administration

Spinnaka has entered into administration after it failed to obtain professional indemnity insurance. Pure Panel Management has bought the assets of the surveyor in a pre-pack administration. David Gillam, who was listed as a director at Spinnaka, was appointed to Pure Panel Management’s board on November 25 and will lead the new company. All staff […]

Cheap mortgage deals without proc fee could have a place in the market

Lenders may start creating cheaper mortgage products for brokers without a proc fee, the Association of Mortgage Intermediaries claims. Robert Sinclair, director of AMI, says he expects lenders to try to offer a cheaper product via brokers without proc fees in the coming years. He says: “When the market is as difficult as it is […]

2011 prediction is gross lending flat, net lending down

The Council of Mortgage Lenders is forecasting that gross lending will remain static at £135bn in 2011, but that net lending will drop from £9bnthis year to £6bn. In a market update last week the CML says: “We do not envisage a return to the lending levels that characterised the middle of the lastdecade for […]

SOPHIE HALL, DISTRIBUTION DIRECTOR, INTELLIFLO

Stop for a minute and look at your business

The retail industry recently revealed that December 18 is the day when allegedly men decide it’s the right time to buy their partner the Christmas gift they’ve always wanted. I was listening to a radio programme the other day, when chaps were ringing up with their last minute Christmas purchases for their loved one over […]

Guide

Guide: what you need to consider for your auto-enrolment project

In this guide, Johnson Fleming reveals what items you need to understand to gauge the impact of auto-enrolment on your business. The guide focuses on: the impact that your auto-enrolment scheme will have on you; assessing your workforce; understanding your staging date; reviewing your current provision; and modelling contribution levels and costs.

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