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Xit2 launches asset management portal

Xit2 has launched the Property In Possession portal with Nationwide Building Society, as part of its new asset management service.

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This month’s decision: hold

With uncertainty over inflation and the prospect of a hung parliament, Mortgage Strategy’s Monetary Policy Committee votes to hold the base rate for another month

CHRISTOPHER TAYLOR, CHIEF EXECUTIVE OFFICER, LONDON & EUROPEAN

Property still tops list of investments

Guess what wealthy individuals with more than $10m in assets will spend their money on this year? When it comes to investments, you might be surprised to learn that property is top of the list. That’s according to The Wealth Report 2010 by Knight Frank and Citibank. And even more money could be flowing into […]

Regulator kicks out another three brokers for fraud

The Financial Services Authority has banned a further three brokers for mortgage fraud, with one admitting to only checking applicants’ salaries if the lender requested it. John Apicella, a sole trader at Newbury-based Mortgages 4 You, told the FSA that if a lender didn’t require proof of income he didn’t ask for it, and added […]

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