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Estate agents make a killing

Estate agency Wow estimates that the UK spends £3.5bn on estate agency fees every year. When the financial advice offered by many estate agents is factored in, the sum rises to about £5bn a year.

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Abbey dips toe into high LTV

Abbey is tipped to launch a high LTV product later this month, but industry experts are divided over whether it will offer 125% partsecured loans or 100% high value products. Abbey declined to comment but says it will launch the product imminently.

Short-term fixes are OK for some

Despite what John Wriglesworth says, brokers will not be doing their clients justice if they dismiss the possibility of recommending two-year fixed rate deals, says Sally Laker

Adapt to survive the market turndown

As the character Tancredi Falconeri comments in the film adaptation of the classic novel The Leopard, If we want things to stay as they are, things will have to change.

Equity Release Solutions appoints BDM

Equity Release Solutions has appointed Mike Lewis as business development manager. Lewis was previously equity release operations manager with NHFA Care Fees Advice.Kevin Stelfox, managing director of ERS, says ERS is currently expanding its specialist adviser team to ensure that full national coverage can be given to our clients on a face to face basis. […]

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Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

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