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Pre-Budget 2005: Brown encourages investment in REITs

The Government has launched commercial and residential estate investment trusts to encourage more investors in commercial and residential property.

Brown says: “”To widen the number of investors in the residential and commercial property markets, we will this month publish legislation to set up in Britain Real Estate Investment Trusts that will increase the funding of new property developments.”

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Network said to be too demanding

Prestbury has been accused of imposing impossible standards on its network of advisers by demanding each brings in 60,000 of income per year.

Platform launches sub-prime two-year fixed range

Platform has launched of a range of sub-prime two-year fixed rates designed for borrowers who have had credit difficulties in the past. The product rates are lower that standard products available by up to 0.50% to make it easier for borrowers to budget and repair their credit history. The fixed rates are available across Platforms […]

Pre-Budget 2005: Brown launches planning gains tax

Gordon Brown has unveiled a local planning gains supplement to give local authorities a fair share of planning gains to invest locally.The Government is also encouraging LAs to bring derelict sites back into use.

BSA backs good cause proposals

In the pre-Budget Report the chancellor announced further details on plans to give dormant account monies to good causes. These proposals were first mooted in the 2004 budget and since then the industry has held constructive discussions with the Treasury on a number of complex issues. Adrian Coles, director-general of the Building Societies Association, says: […]

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]

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