View more on these topics

Mortgage Advice Bureau signs up estate agent network

Mortgage Advice Bureau has just signed up estate agent network Davis Tate, with seven offices in the Reading area, as part of its expansion plans throughout the south of England.

Davis Tate&#39s managing director David Tate says: “Today&#39s estate agent has to offer a comprehensive homebuying and selling service, and that includes guidance on picking the right mortgage from the huge number available.

“We chose Mortgage Advice Bureau as it doesn&#39t limit or interfere with our autonomy in any way. It provides the back-up of a professional financial services organisation with strong links to major financial institutions, enabling them to offer special deals and exclusive products.”


Payments to rise as proportion of income

Economists warn that mortgage payments could rise as a proportion of take-home pay by almost one-third. Nationwide&#39s October 2003 House Price Index suggests that if the base rate rises next week, as many analysts expect, payments as a proportion of take-home pay will rise to between 29% and 32%, compared with 27% now. The report […]

B&W extends adverse range

Bristol & West Mortgages has extended its adverse credit range to provide greater variety and improved rates and benefits. The extended range was launched on October 21 and, while remaining easy for brokers and customers to understand, now provides them with significantly more choice. All adverse products start with a one-year discounted base rate tracker. […]

Number of business failures grows

Latest figures published today by the Bank of England show that the number of businesses failures by liquidation or bankruptcy grew by almost 20% between 1997 and 2002. And the trend continues with an 11% rise in the last three quarters of 2003 over the same three quarters of 2002. Some regions suffer badly. In […]

Hometrack doubts rate rise will slow housing market

Hometrack has predicted that any move to increase the Bank of England base rate will do little to slow the housing market. The Bank&#39s Monetary Policy Committee is expected to increase the base rate rise by 0.25% or, at most, 0.50% later today. Analysts say the decision will be based on fears that household borrowing […]

Europe: Nursery slopes

After a flat year for European equities, in which the Artemis European Growth Fund outperformed, manager Philip Wolstencroft is (cautiously) optimistic about 2016.


News and expert analysis straight to your inbox

Sign up