View more on these topics

Doubt on house price figures

Data from the two leading house price indices has been called into question as Nationwide and Halifax reported opposite price trends.

Nationwide’s house price index sparked hope in the housing market when it reported house prices had risen 0.9% in March.

But just a day later, any tentative hopes of an upturn were dashed when the Halifax index showed house prices fell in March by 1.9%.

Nick Hopkinson, director of Property Portfolio Rescue, says: “With extremely low sales volumes, this data is particularly volatile and will only confuse the general public.”

Recommended

Colleys places all 400 valuers into consultation

Colleys, Halifax’s inhouse valuation and surveying firm, has put all 400 of its chartered surveyors into consultation with a view to losing around 106 roles overall.

Stellar Wit

Mole was pleased to see that despite the global recession the mortgage industry has not lost its sense of humour. Arriving at work on April 1, Mole noticed a few dubious stories appearing on the newswires.

HML to manage Scarborough Mortgage Services

Scarborough Mortgage Services is to be managed by Homeloan Management following the merger of the Scarborough and Skipton building societies this week.Clients of Scarborough Mortgage Services will continue to be serviced by existing Scarborough staff, with assets to be migrated to the HML platform at a later date.Brian Brodie, managing director of HML, says: This […]

Guide cover

Guide: Johnson Fleming produces auto-enrolment checklist

For a job as big as managing the auto-enrolment changes, it’s important to know what has been completed and what still lies in front of you to give you the reassurance that everything is in hand. Getting the planning and project management right at the outset can help you see the path ahead and ensure everyone knows their roles and responsibilities. To help with this, Johnson Fleming has produced a checklist outlining every step that needs to be taken when preparing for auto-enrolment.

Newsletter

News and expert analysis straight to your inbox

Sign up