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Week in NUMBERS

28% The proportion of women aged 18 to 34 looking to buy their first property, compared with 20% of men, research by the Post Office shows.

15 The number of years since buy-to-let was created by the Association of Residential Letting Agents and lenders.

7 The number of Monetary Policy Committee members who voted to keep the base rate on hold in June, up from six the previous month.

81% The proportion of advisers who plan to qualify under Retail Distribution Review rules coming in at the end of 2012.

€120bn The cost to the European Union of a fresh bailout of Greece agreed last week.

1.3% The amount by which the Irish economy grew in Q1 2011, following a 1.4% decline in Q4 2010.

25% The proportion of Britons who say that they would face financial worries after a week if they lost their job, according to research by Scottish Provident.

46million The number of shareholders that would be created under plans to give the public shares in the Royal Bank of Scotland and Lloyds Banking Group.

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HARPAL SINGH

Brokers lose out on conveyancing work

I have been to many mortgage industry exhibitions and there is normally a weighting of attendees which can be broken down into 60% collecting stationery and 40% doing business. At the Mortgage Business Expo in Manchester in May it was refreshing to be able to speak to almost 100% professional advisers who were interested in […]

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  • Alan Thurlow 28th June 2011 at 10:55 am

    The phrase “Buy to Let” was coined by Neville Lee of Leadesrs Ltd and adopted over 2 years by ARLA.

    I shoud know I wrote the Leaders Buy to Let brochure.It was 8×5 with a montage of bricks on the cover.