The Ombudsman for Estate Agents has reported a strong response to its code of practice scheme. And a report by Christopher Hamer, ombudsman of the OEA, shows that while member numbers climbed by 60% during 2007, complaints also increased by 48% for residential sales.
Kevin Paterson takes a weekly look at the latest developments in the market and brings you what’s hot and what’s not in the world of mortgages
Mform.co.uk predicts that a rush of consumers will opt for interest-only mortgages in a bid to stem rising costs.Currently, only about 24% of home movers and first-time buyers who take out interest-only deals specify a way of repaying their mortgages.With lenders pulling their cheap deals en masse, Mform.co.uk says this trend is likely to continue.The […]
Joe Rabbitt, formerly head of corporate intermediary relations at Nationwide, has left the firm citing family reasons. Head of sales Ian Andrew will take on Rabbitt’s duties until a successor is appointed.
Hamptons International Mortgages is to open a branch in Dubai on March 30 as part of the group’s expansion plan.
By Kunal Desai, Head of Indian Equities at Neptune Investment Management Following the MSCI India Index’s 26.4 per cent return in 2014, stemming from a 7.3 per cent rise in GDP, investors have recently become increasingly concerned about India’s future growth potential. What has happened to India’s reform agenda and are there any signs of […]
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