A Sidcup mortgage broker has lost his appeal against a decision by the Office of Fair Trading to revoke his consumer credit licence.The OFT’s original decision was based on the fact that Stewart Williams, who trades as S & J Consultants, was convicted in July 2000 of a number of offences involving dishonesty including obtaining money transfers by deception in the course of his business. The secretaryof state appointed an independent tribunal to hearthe appeal and a public hearing was held on April 25 this year. The tribunal found that the offences committed by Williams were serious and showed a pattern of dishonesty.
The Yorkshire was awarded Innovator of the Year for its Fresh Start mortgage in the Mortgage Finance Gazette national contest, a mortgage aimed at helping people buy a home after they have been divorced or separated.At the glittering award ceremony, hosted by Fiona Armstrong, the awards were judged by an independent panel of financial specialists […]
The Halifax’s latest All Houses, All Buyers Index reveals a pick-up in the housing market. House prices increased by 1.6% in August following a 0.4% gain in July. This was the biggest monthly gain since September 2004.Prices have increased by only 2.1% in the first eight months of this year compared with a 12.5% rise […]
Mortgage Intelligence has launched a deal designed to take graduates from university to their first step on the property ladder. The UNI-STEP deal combines a stepped fixed rate with a loan that could be 6 x the graduate’s income if supported with a parental guarantee. To ensure affordability, guarantors are assessed on an individual basis. […]
Ansar Housing has revealed the development of its Property Purchase Agreement, a form of contract that is free of interest and that accords with Islamic principles of contract law.Under the Property Purchase Agreement, Ansar and the client will form a partnership under which both parties jointly purchase a property. The home-buying client will then rent […]
Health Shield, a corporate health cash plan provider, has set out a five-year mission and vision as part of an ambitious growth strategy to provide ‘affordable healthcare support to the widest possible community’.
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