View more on these topics

Valuation website for consumers

Hometrack is to launch the UK’s first online consumer property valuation service. It will give the public access to information previously only available to mortgage lenders, estate agents and surveyors.

From October 27 the website will be available for the public to obtain an independent, up-to-date valuation of a property. Previously the public could only obtain information on how much comparable properties had sold for.

Simon White, director of Ashdown Lyons, says although automated valuation websites will become widespread they are likely to generate more business for surveyors and estate agents.

He says: “Automated valuation will never take the place of someone physically inspecting a property because there are some things, like character, only a human being can take into account.”

Recommended

A-Day will boost property purchases by 160,000

The Royal Institution of Chartered Surveyors is predicting an extra 160,000 property purchases following the introduction of self invested personal pensions on April 6 2006. However, the report from RICS warns that although regional hotspots could get even hotter, SIPPs will have a minimal impact on the majority of the market. The report also suggests […]

Paragon unveils SIPP proposals

Paragon Mortgages has revealed its plans for self invested personal pensions in a bid to head off industry rumours that it might cut its panel of eligible introducers. The buy-to-let specialist lender says as an expert in the field it will have strict controls in place so only those qualified and able to provide expert […]

Yorkshire announces appointment of non-executive director

Yorkshire has announced the appointment of Simon Turner as nonexecutive director.Turner is currently group managing director of the computing & communications divisions of Dixons Group, and is a member of the Group Executive Committee. He is currently responsible for a total staff of 14,000 in five countries and a turnover of around 2bn, which includes […]

Commercial remortgage deal from Abbey and ASC

ASC Finance for Business and Abbey have launched an exclusive commercial remortgage deal.ASC is offering an exclusive commercial remortgage deal where the transaction costs are not payable. The product has low transaction costs and an absolute bonus for the client.Henry Ejdelbaum, managing director at ASC Partnership, says: “We are delighted to be able to offer […]

Auto-enrolment

Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]

Newsletter

News and expert analysis straight to your inbox

Sign up