Advantage has appointed Steve Mason as sales project manager, responsible for overseeing the delivery of major projects and ensuring lending targets are met. Mason previously spent 18 months as operations manager for sub-prime lending at Accord Mortgages.
Smartnewhomes. com has renewed its call for more family homes as flats continue to dominate the newbuild market. David Bexon, managing director of smartnewhomes. com, says: “The lack of suitable family homes is a serious issue and cannot be ignored.”
Revenue & Customs has refuted claims made in The Times that it is planning a tax crackdown on buy-to-let landlords who have been claiming too much tax relief on their mortgages. It says where tax is owed it will use the “lightest possible touch”.
There is a growing fear in the industry that the Bank of England will raise the base rate again this Thursday, as it emerged that year-on-year mortgage approvals edged up only slightly in April.
The European Central Bank has voted to up the interest rates by 25 basis points to 5% with effect from June 13 2007.The interest rate on the deposit facility will also be increased by 25 basis points to 3%, with effect from June 13 2007.The governing body of the Central Bank also decided that the […]
Thomas Smith, manager of the Neptune Latin America Fund Latin American equities have performed strongly so far in 2016, returning 27 per cent in sterling terms. Much of this move has been driven by newsflow from Brazil, with markets reacting positively to the government voting to impeach President Dilma Rousseff and on the hope of […]
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