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Taxman denies B2L crackdown

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”.

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Coventry to launch offset tracker

The Coventry is launching an offset tracker mortgage through intermediaries on Thursday June 7.Key features of this tracker product include Flexx base rate tracker plus 0.1% until June 30, free valuation, free legal fees for remortgage and no early repayment charges. Julie Jones, head of intermediary sales at the Coventry, says: The new offset product […]

Merger threat to surveyors

Small surveyor firms could be forced to consolidate if rum-ours that e.surv is looking to incorporate Barclays’ surveying and valuation firm Ekins and Cheltenham & Gloucester’s valuations arm prove to be true.Last week, sources close to the deal revealed that if it takes place e.surv will instantly secure more than 30% of the surveying market, […]

GE Money Home Lending warns against kitchen refits

Fitting a new kitchen or bathroom might not be the most cost effective home improvement to increase the value of a property, research from GE Money Home Lending warns. It claims the these modifications, plus general decorating, do not increase the value of a home by as much as an estate agent’s top choice – […]

HIP confusion could destroy market

There is a risk of the housing market imploding it the government doesn’t sort out the confusion surrounding HIPs in the time it has before launch, says Sue Read

The future of active management is now

Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management’s shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions. Four investment experts […]

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