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Gove to speak at AMI dinner

The Association of Mortgage Intermediaries has revealed that Michael Gove, the shadow minister for housing, will be speaking at its annual dinner on June 19 2007.

Chris Cummings, director general of AMI, says: “We are delighted that high profile shadow minister, Michael Gove, has agreed to speak at the AMI annual dinner.

“Michael will be speaking about the housing and mortgage markets, the current regulatory landscape for mortgage intermediaries and how a future Conservative government would tackle these issues.

“It promises to be a fascinating insight into the thinking of the Conservative opposition at a time when they are starting to explain more clearly its plans for government.

“The AMI annual dinner is regarded as one of the premier events in the mortgage market and is attended by the leaders of both intermediary firms and lenders.

“The audience will include regulators, journalists and representatives from across the housing industry. We expect 300-400 people to attend.”


How do you think this year’s Budget will affect your finances?

The ommission of Stamp Duty changes from Gordon Brown’s Budget went down like a lead balloon with the mortgage industry, and his token gesture of raising the Inheritance Tax threshold was little consolation. He cut Income Tax by 2% but his decision to scrap the lower 10p tax rate left a bitter taste.

So this week Mortgage Strategy asks…
How do you think this year’s Budget will affect your finances?

Borrowers want to cut their terms

Intelligent Finance says almost three-quarters of borrowers want to reduce their mortgage terms or increase their payments to reduce their balance. For nearly a third of people, paying off their mortgage is their biggest financial concern.

Ex-SPML dream team in second charge rumour

The ex-SPML dream team’s new lender is to be backed by a US bank and will launch with a second charge offering in September, sources claim.

Enjoy the spring as the going could get tough

The daffodils are out, the cherry trees are in blossom and farms are advertising their lambing weekends, so the traditional popular time for house hunting must be upon us.


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