Some 20 years ago, VEF was called Vivre en France and only became known as VEF halfway through its life.As a company set up to find homes in France for English-speaking people the name Vivre en France seemed to fit the bill as it translates as ‘living in France’. It was only 10 years after the start of the business that it realised that it might have defined the present and the future of the company by its limiting name. Changing the name to VEF opened up the possibility of working in fields other than holiday and full-time homes in France and also did away with the feeling that one had to understand French to even say the company name, let alone use the company. This was in direct contradiction to what it had set out to do, which was to help non-French speakers buy property in France. A change in name was called for and using the initials of the original name was the obvious way to go. So, 20 years later the firm is known as VEF. It has added a substantial interest in French investment property to its business but still deals only with people who want to buy properties in France. But more important for VEF than its name is its colour. Throughout the world of people interested in French property, VEF is known as ‘the green company’.
Age Concern has hit back at claims that it charges the highest valuation fee in the market. MoneyExpert.com last week named and shamed lenders charging the highest product valuation fees. Top of the list was Age Con-cern, which uses Northern Rock’s equity release mortgage. It has one of the highest fees in the market at […]
The fact that Abbey is prepared to openly state that it will lend 5 x income is good for aspiring buyers and the news was greeted calmly by consumers and the media, says Drew Wotherspoon
Bridging lender, Link Lending, has chosen Phoebus Software to supply its loan origination and servicing platform. Phoebus Software has produced a bespoke version of its software suitable for Link Lending’s bridging loan process, and further developments including online case tracking, decisions in principle, and KFIs are in the pipeline.John Maclean, managing director of Link Lending, […]
Research carried out by the Personal Finance Research Centre and supported by Genworth Financial has found that just 1% of mortgage borrowers will be affected by an interest rate rise. The research also found that the chance of a person loosing their job is potentially a far greater threat, with a quarter of all households, […]
A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.
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