Connells Group has appointed Roger Wilson to the newly created role of conveyancing services director. He will develop the conveyancing side of the business and also head the group’s activities in the Home Information Pack market.
Brokers and lenders have defended Abbey’s 5 x income product following the lashing the deal received in the national media last week. The product, which offers potential borrowers a loan up to 5 x their income, was announced in the face of 17.3 million first-time buyers being unable to get onto the property ladder. It […]
The Mortgage Business launched a series of house-to-house products in its new product range. The range offers two new products: one with a two-year rate at 4.99% with no early redemption charges, and the second product offering a rate without HLCs or ERCs. The TMB house-to-house range is available for applications on true self-cert, true […]
Abbeys move to retain its share of the mortgage market by increasing homeowners borrowing power must be kept in perspective, according to broker My Mortgage Direct.Paul Hearnden, managing director of My Mortgage Direct, says: The current climate of must-have-it-now has led even the most clued-up borrowers into believing that this kind of offer from a […]
The Liberal Democrat Party has attacked the government and banks for failing to tackle the growing problem of personal debt.Liberal Democrat shadow chancellor Vince Cable says: “Hard working families are facing a three pronged attack from rising interest rates, rising unemployment and record levels of personal debt that is spelling catastrophe for many hard working […]
One of the areas that will be high on the new minister for pensions’ to-do list will be the forthcoming review of automatic enrolment (AE). The outgoing minister had regularly said that AE contribution levels would need to be revisited early in this parliamentary term, and new research by Jelf Employee Benefits reveals employer support for such proposals.
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