After year-on-year growth of 6.4% in 2010 the housing recovery will stall in 2011, leaving prices 1.7% lower than last year, says the Centre for Economics and Business Research.
Fixed-rate products were chosen by three quarters of all mortgage applicants – excluding remortgages – in January, Mortgage Advice Bureau’s latest National Mortgage Index shows.
A bold monetary policy that balances inflation and interest rates is needed to allow medium-term growth
Kevin Bray, insight analyst for banking at Defaqto,talked about how equity release was a product that relied on the expertise of the adviser to match the right product with an individual customer (Mortgage Strategy February 14). I agree with the comment that advice not price should drive equity release sales. The last consideration a planner […]
Just Retirement has attributed its 20% boost in equity release sales to other providers pulling out of the sector. Its six-month group sales rose by 11% year-on-year to £495m in the final six months of 2010, partially driven by a 20% increase in equity release sales. For the six months to the end of 2010 […]
Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]
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