View more on these topics

Draft laws on HIPs rumoured to be published today

Reports in The Times today say that deputy prime minister John Prescott will today finally publish draft laws on home information packs.

From Spring 2007 anyone selling a home will have to provide potential buyers with a HIP, which will include evidence of ownership, local authority searches and a new home condition report before they can sell their property.

The predicted cost of providing a pack is expected to be around 1,000.

The plan has been slammed by the Liberal Democrats who say the scheme will be a breeding ground for cowboys and that buyers will not trust a pack paid for by the seller.


Assureweb to power Sesame Select

Sesame has chosen Assureweb to power its Select multi-tie proposition in a deal that will offer increased efficiency and productivity for advisers through its e-enabled service. The Sesame Select proposition has been designed to appeal to a new generation of consumers by offering a broad range of competitively priced products from AXA, Legal & General, […]

Customer defections threatens mortgage industry

The mortgage industry needs to work harder to retain customer loyalty if the industry is to survive, says a survey from Group 1 Software.The survey into customer loyalty found that customer defection rates in key consumer industries have increased from 16.9% in 2003 to 19.1% in 2005. It also reports that consumers are becoming increasingly […]

Bob Sturges, director of communications, Money Partners

“Launching on M-Day means we’ve only ever known life as a regulated lender. The rules permeate everything we do. The impact of TCF on lender-broker partnerships is on our radar and we’ll also be watching with interest the FSA’s findings following its recent thematic reviews.”

Advantage releases sub-prime survey results

Advantage Home Loans has released the results of its September index findings. The results are based upon a survey completed by its panel of lenders and represents from the industrys sub-prime mortgage sector.Since the Advantage Non-Conforming Index launched at the start of the year, trends show that average loan sizes have increased by 13,000 based […]


News and expert analysis straight to your inbox

Sign up