Research from Paragon Mortgages reveals that landlords believe tenant demand for rental properties is at its highest rate ever. Almost a third of landlords surveyed stated that demand for rental property is growing or booming. This was an 8% increase over the previous quarter.
Estate agents saw average house prices in December rise to 216,055, revealing an unusually buoyant market during the festive period, says the National Association of Estate Agents. The number of buyers on estate agents books increased to 351 during December 2006. This 16% increase was unusual for the time of year, as estate agents would […]
Some 69% of brokers say there should be no premium charged for the use of automated valuation models. In a survey by BM Solutions, the reactions of over 200 brokers to AVMs was documented, with two-thirds slamming the premium charge on them. And 86% of brokers believe consumers should be given a choice between AVMs, […]
Speculation is mounting over who will inherit John Tiner’s crown as chief executive of the Financial Services Authority, after he revealed last week that he would be quitting in July.
Brian Pitt has confirmed he is leaving Kensington Group and that the business will be now focussing on its core activities.Both Pitt and Stuart Aitken joined the Group in August to investigate key strategic opportunities presented by the specialist lending sector.This sparked speculation that Kensington was looking at entering the commercial mortgages arena, something it […]
Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.