Estate agents’ confidence in the housing market plummeted last month, according to HotProperty.co.uk’s confidence index. This reveals a 22% fall in confidence among agents in March compared with February. Shawn Luetchens, managing director of the property portal, says the result is due to a seasonal slowdown plus negative media coverage.
More than two-thirds of the money lent in unsecured loans in the last year was granted without consumers being asked to prove their income, says uSwitch.com.The independent price comparison site says lending on unsecured loans totalled £29.9bn, but uSwitch.com’s latest research shows almost £20.9bn or 70% of this was issued without proof of income.The site […]
Alistair Darling has revealed plans to set up a taskforce to help reopen the UK mortgage-backed securities market.
Abbey for Intermediaries aims to offer nine out of 10 mortgage deals in the foreseeable future after switching to risk-based pricing.
Andrew Seymour, former chief executive of Optoma Mortgage Services, and Connect Mortgage Group are locked in negotiations about establishing a packaging partnership.Seymour thinks a combination of his experience, contacts and sales team with Connect’s back office system could pay dividends.He says: “There’s a place for a firm that offers brokers quality services and an experienced […]
By Douglas Turnbull, Head of Chinese Equities at Neptune Following recent stimulus efforts from Beijing, Neptune’s Douglas Turnbull examines how the government’s long-term reform agenda can be balanced with supporting growth and addressing structural challenges, and the investment opportunities arising from this.Click here to read more Important information: Investment Risks Neptune funds may have a […]
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