House prices slid 1.1% in April, according to the Communities and Local Government House Price Index. The average UK house price is now £204,439.
The number of new repossessions in Q1 2011 increased by 17%, the first rise in a year, according to the Financial Services Authority.
Corby in the East Midlands is the top repossession hotspot in England, according to research by Shelter.
The Residential Property Surveyors Association has been criticised for demanding the Financial Services Authority investigates lenders over their lack of clarity on surveys. The RPSA has written to Hector Sants, chief executive of the FSA, claiming lenders are duping customers into thinking that they have had a survey carried out when they haven’t. It claims […]
First Direct has launched a range of limited edition mortgages as part of a number of changes to the structure of its mortgage offering.
By Kunal Desai, Manager of Neptune India Fund Kunal Desai recently celebrated his third anniversary as manager of the Neptune India Fund. Kunal has built a strong track record of outperformance since he assumed responsibility for the Fund, delivering a return of 30.3 per cent compared to the MSCI India Index gain of just 14.0 […]
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