View more on these topics

Freehold appoints Pritchard as spokesman

Terry Pritchard has been appointed as the new spokesman for the Freehold.

He replaces Paul Brett, who founded Freehold in 2005, and now runs new lender FML, formerly known as Freedom Mortgage Lender

Pritchard, whose company Chase UK is a founding member of Freehold,
was already part of the steering committee, which had been formed to provide future direction to the association.

Brett remains a Freehold member through his packaging company Fastcom and a member of the steering committee.

Pritchard says: I am delighted to have been asked to take over this important role.

“Brett has done a great job in bringing the members together and I look forward to helping Freehold develop its corporate facilities as well as the relationships with key lenders and other product providers.

Brett adds: This is the right time to hand over the reins to Terry.

“My new responsibilities with FML mean that I have not got the time to devote to

Pritchard is the right person to take over as the face of Freehold and I wish him every success in leading the association.


First-timers in London face 3% Stamp Duty

Many first-time buyers in London may automatically find themselves in the 3% Stamp Duty bracket with the price of an average first-time property in the capital exceeding 250,000.

Gartmores MultiManager funds questions rate rise

Gartmores MultiManager funds has questioned if the Bank of England knows something the rest of the market doesnt following its decision to raise interest rates. Bambos Hambi, co-head of Gartmores MultiManager, says: The market has been caught off-guard by todays decision, but it is only the timing rather than the actual increase which was unexpected. […]

Easier2move opens remortgage January Sale

Easier2move has started its remortgage coveyancing sale. Easier2move is offering its conveyancing services on remortgage cases for 299 all-inclusive. Introducers will still earn 100 commission on completion. This offer applies to both new and existing introducers and is available on an individual case basis. Karen Babington, Sales and Marketing Director for Easier2Move commented:Theres nothing better […]

Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.


News and expert analysis straight to your inbox

Sign up