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IHT is political battleground

Inheritance Tax is being pumped as an important electoral issue that could see Labour win or lose a string of marginal seats in constituencies where the average house price is above the 285,000 threshold.

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Byers does have a point on IHT

With the Conservatives pretty much having free reign to make political capital out of the housing market over the last couple of months, it was perhaps unsurprising that someone from the Labour Party finally struck back.

PMPA adds UCB to lender panel

The Professional Mortgage Packagers Alliance has added UCB Home Loans to its lender panel. UCBs addition to PMPAs lender panel is being launched with a three year buy-to-let tracker product at the Bank Base Rate plus 0.49% that is available for purchase and remortgage. It also has fully flexible facilities including underpayments overpayments and payment […]

First packager for LMS remortgaging service

Personal Touch Packaging is the first firm to sign up for LMS’ new remortgaging service for packagers. The LMS system is designed to make remortgaging easier and a better experience for clients through the use of features such as automated documentation and personal contact. Rob Jupp, managing director of Personal Touch, says: “The system is […]

B&B purchases 599m portfolio

Bradford & Bingley has purchased a mortgage loan portfolio from GMAC-RFC for 599m.The purchase, funded from Bradford & Bingley’s existing resources, has been made by Mortgage Express, its wholly owned subsidiary.This latest loan portfolio acquisition will increase the Bradford & Bingley Group’s total assets, which stood at 43.4bn on June 30, by around 1.4%.All lending […]

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