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Which? warns on buying abroad

Which? has published a guide entitled Buying Property Abroad warning consumers of the dangers of the overseas property market. The number of people in the UK owning a second home overseas has grown recently, and in 2003/04, over a quarter of a million people owned property abroad. No matter how cheap an overseas property may appear, Which? warns it will almost certainly turn into a big financial commitment.

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Advantage picks cancer charity

Advantage Home Loans, the packager bought by Morgan Stanley in December 2005, has chosen Teenage Cancer Trust as its charity of the year. Staff from Advantage will be committed to organising activities to raise funds for the London-based charity which supports teenagers and young adults with cancer.

UKValuations appoints Nigel Tobin as CEO

Automated valuations provider UKValuation has today appointed Nigel Tobin as its CEO. Tobin has for the last three years held senior management positions at Countrywide Financial Corporation, of which UKValuation is a subsidiary, and also holds the position of CEO at Global Home Loans, Countrywides mortgage processing business. He joined Countrywide from Barclays, having served […]

Buy-to-let property prices pick-up

The latest buy-to-let index from specialist lender Paragon Mortgages shows a renewed pick-up in the prices at which investor landlords buy properties. Nationally, property prices rose by 1.99%, with larger rises in some regions.John Heron, managing director at Paragon Mortgages, says: Residential property investors continue to build their portfolios in a buoyant housing market. Weve […]

Future base rate rise will increase financial hardship for consumers

Lisa Taylor from Moneyfacts.co.uk says a future base rate rise will effect consumers, especially those who have borrowed to the max and dont have the comfort of a fixed rate mortgage.Taylor says: Recent economic signs do not paint a very rosy picture for UK consumers, with rising bad debts, unemployment levels, unsecured debt levels at […]

Dividend slump? Not if you look globally

By George Boyd-Bowman, Manager of the Neptune Global Income Fund Recent research has indicated that global dividend growth will slump by as much as 50 per cent in 2016. As collapsing commodities hit high-profile dividend payers, George Boyd-Bowman explains why the US and Japan are his top picks for income growth in 2016. Click here […]

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