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Elephant sees record October

Elephant, the mortgage and loans packager floated last week on the Alternative Investment Market, says it will continue to exceed budget with October being a record month for turnover and profits. It says its shares have been over subscribed, with 21,666,6666 shares issued at 3p a share, and a market value of £6.3m.

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Two million homes cross 275,000 IHT threshold

The number of properties in the UK valued at more than the 275,000 Inheritance Tax threshold now stands at a whopping 2.1 million or 12% of all owner-occupied properties. Research out from Halifax shows that there has been an almost three-fold increase in the number of properties above the threshold in the past five years […]

Price wins Standard Life competition

Della Price, mortgage advisor at Mortgage Advisory Service, has won dinner and a night away at Le Manoir aux QuatSaisons courtesy of Standard Life after winning its recent protection online competition.Price correctly answered three questions relating to Standard Lifes protection online system and was the first name out of over 2,000 entries to be drawn […]

Stop the fighting you two, your industry needs you

Name and address supplied Come on all involved, it is a waste of your wit and intelligence – not to mention knowledge – to continue with this line of argument. We need more commentary of the mass of stuff that’s changing our industry (regulation, reviews of regulation, HIPs, MPPI mis-selling, self-cert and the like) rather […]

Insurance brokers may have to disclose their commission

Insurance brokers may have to disclose their commission rates to clients if plans from the Financial Services Authority are implemented. If brokers’ don’t improve their handling of conflicts of interest under the Treating Customers Fairly policy, rules will be enforced by the FSA. This threat comes in the form of a letter to insurance brokers […]

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