The National Home Energy Rating scheme says Energy Performance Certificates are a good way to tackle climate change and promote energy efficiency. Austin Baggett, head of the NHER scheme, says: “The housing sector is responsible for nearly 30% of the UK’s carbon dioxide emissions. EPCs are a neat way to promote energy efficiency.”
The Professional Mortgage Packager’s Alliance has attacked lenders who have failed to deliver in terms of technology links at Mortgage Strategy’s Mortgage Packager’s Summit.One sweeping rumour was that PMPA was referring to edeus – although this has been flatly denied.O’Brien says: “Some companies have been very tight lipped concerning their dealings with packagers. If they […]
Lenders have been accused of mistreating packagers by operating a dual pricing system for direct-to-broker and packaged products. Roger Morris, managing director of em-financial, told delegates that lenders have developed the practice of dual pricing because they don’t understand what packagers do and the value they add to the mortgage chain. Morris also suggests that […]
The Mortgage Business has extended the criteria on its House 2 House scheme to allow borrowers to fund a second buy-to-let property. TMB calculates that 60% of borrowers on this scheme have the income available, coupled with the desire to fund the purchase of a second property under House 2 House rules, and predicts a […]
Stroud & Swindon has increased its SVR by 0.25%.The increase takes the societies SVR from 7.04% to 7.29% and will affect existing borrowers from February 1.The increase in line with the Bank of England base rate increase of the same amount.
Following George Osborne’s delivery of his sixth Budget as chancellor and the last of this current parliament, we have provided a brief overview of the initiatives put forward in his statement, focusing on the topics that have an impact upon the pensions landscape, savings, personal taxation and businesses.