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More Britons desire room for reading

Following on from last month’s feature on 2008 being National Year for Reading and describing what lenders, such a Alliance & Leicester and Newcastle and Skipton building societies are doing to encourage reading among the young, we are pleased to report that new research from Legal & General reveals that we are a nation of bookworms.

Apparently, we’re not all TV-addicted couch potatoes and given the chance most of us would dedicate a room in our home as a library or reading room.

As we reported, there has been concern that children are falling out of love with literature, which prompted Ed Balls to appoint 2008 Year of Reading.

However, Legal & General’s Changing Face of British Homes research suggests Britons’ love affair with books is alive and well. Almost twice as many people would like a room in their home to be a library, rather than a home cinema room – 15% compared with 8%.


3XD appoints Rick Riding as non-executive chairman

General insurance provider 3XD has appointed Rick Riding as its non-executive chairman with immediate effect. Riding was a founding director and chairman of Paymentshield until the company was bought out in 2004. 3XD have added Heritage (underwritten at Lloyd’s) and AXA as further household insurance providers. All of the insurers on the new panel provide […]

C&G pulls 90% plus LTV deals

Cheltenham & Gloucester has pulled its 90% plus LTV mortgage deals.The lender says the decision was made in order to focus on improving service levels to core products. Eleanor Ross, media relations manager at C&G, says only 1.7% of the lender’s mortgage book had been 90% plus LTV deals. She adds: “We always try to […]

January house prices up 0.9%, says Land Registry

January figures from the Land Registry reveal a 0.9% increase in house prices in England and Wales.The increase takes the average house price to 186,045. However, the data shows a decline in annual house price changes, from 6.7% last month to 6.4% this month.London experienced annual price growth of 13.1% with the average house price […]

Sub-prime slump claims sales jobs at Freedom

Freedom Finance has axed 14 em-ployees in response to a downturn in sub-prime lending.This follows the culling of 40 jobs at Freedom and subsidiary Mortgage Next at the end of November.The recent job losses affected 11 field sales advisers and three field sales managers.Richard Beaumont, managing di-rector of the Cheshire-based brokerage, says: “At a conservative […]

How to use wills to protect your clients’ wishes

March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]


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