Three members of the Bank of England’s Monetary Policy Committee voted against April’s base rate cut. Tim Besley, David Blanchflower and Andrew Sentance voted against it, saying the economic slowdown is not as severe as expected.
Connect Mortgage Group has added Cheltenham & Gloucester to its preferred panel.Adrian Dunn, managing director at Connect, says: “Their products linked with our service standards, of an offer being produced within 15 days, make for a very powerful partnership.“This is the first addition of many high street lenders to our panel. It seems that lenders […]
The Money Centre was placed 38th in The Sunday Times’ national league table of the top 100 UK firms with the fastest growing profits. It’s the first time the specialist buy-to-let brokerage has featured in the Profit track 100.
MoneyExpert.com is urging home owners to check the terms of their mortgages because 58% could be eligible for a break from their monthly payments.
Dave is an experienced buy-to-let investor who sees opportunities in the current market to grow his portfolio. He has agreed to buy a discounted property in a private sale and the vendor wishes to complete as quickly as possible. The agreed purchase price is £200,000 but the property’s true value is £235,000, which he knows valuers will confirm. How can he maximise his borrowing and save his cash for further purchases? Delia says: A bridging loan may be the solution as Stuart Law of Assetz Finance and Steven Marks of Newcastle point out. Have you got a problem for Delia? Email firstname.lastname@example.org
One of the areas that will be high on the new minister for pensions’ to-do list will be the forthcoming review of automatic enrolment (AE). The outgoing minister had regularly said that AE contribution levels would need to be revisited early in this parliamentary term, and new research by Jelf Employee Benefits reveals employer support for such proposals.
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