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English rental yields fall

Quarterly rental yield figures released by Landlord Mortgages show yields in England fell to 5.87% in Q3 2005 from 5.97% in Q2 – the lowest level in three years.

London also saw a drop from 5.99% in Q2 to 5.82% in Q3. But north of the border, Scotland bucked the trend and recorded a small recovery with rental yields rising from 6.47% in Q2 to 6.77% in Q3.


Clydesdale launches tracker products

Clydesdale Bank has launched a new product matrix to its broker partners which includes a two-year capped offset mortgage, the first time Clydesdale has offered a mortgage of this type. The new suite of mortgage products include improvements to Clydesdale Banks current traditional and offset tracker products, which have the added benefit of being available […]

Home of Choice appoints Frank Lowe

Home of Choice has appointed ex-Zurich worker Frank Lowe as its national estate agency director.Frank, who previously worked at Zurich in the same role, will report to Home of Choice managing director Richard Coulson.Lowe will recruit professional estate agency practices into the Home of Choice network, either as fully appointed representative members or introducers.Richard Coulson, […]

Clear direction for housing needed, says RICS

The government’s extended deliberations about the way to improve availability, choice and diversity in UK housing is creating a climate of uncertainty for investors, which risks holding back development.The Royal Institution of Chartered Surveyors has issued its latest comments on the Barker Review on Housing to the Office of the Deputy Prime Minister.Louis Armstrong, chief […]

LIME clinches secured lending deal with Norton Finance

Lifetime Insurance Mortgage Experts has clinched a secured loan offering in partnership with Norton Finance.Secured lending has grown month on month throughout 2005, to an all time high of 8.9bn in August 2005, and the number of people choosing a secured loan as opposed to a further advance or remortgage has also increased steadily. LIME […]


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