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Pessimism on insolvencies

More than half of all mid-market businesses expect insolvencies to rise over the next 12 months, reveals research published by Pricewaterhouse Coopers. Less than one in seven businesses believe insolvencies will fall.


B&B completes purchase of Kensington loan portfolio

Bradford & Bingley announced the completion of the purchase of a mortgage loan portfolio from Kensington Mortgage Company, a wholly owned subsidiary of Kensington Group, for around 204m. The purchase, funded from B&Bs existing resources, has been made by Mortgage Express, its wholly owned subsidiary.The portfolio has an average loan size of approximately 122,000 and […]

Online credit reports updated

Callcredit has responded to feedback from its customers by launching updated versions of its two online credit reference reports, CallReport and SHAREReport. The updated reports are claimed to be more intuitive and user friendly.

Buy-to-let SIPP deals unveiled

Paragon Mortgages and Mortgage Trust are offering intermediaries tailor-made self invested personal pension mortgage products for buy-to-let investors. The lenders are inviting brokers to join a select panel that will introduce the range. The products come in response to a recent survey by Mortgage Trust that found 65% of mortgage intermediaries expect the introduction of […]

Repossessions data clarified

The Council of Mortgage Lenders has highlighted the fact that actual mortgage repossession figures are not as high as they might seem following the release of possession proceedings statistics by the Department of Constitutional Affairs last week. Sue Anderson, head of external affairs at the CML, says: “DCA figures essentially show the number of cases […]

InFocus - thumbnail

In Focus — February 2015

Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.


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