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Shoe competition winner picked

The winner of Where’s Alan’s Shoe from Mortgage Strategy December 18 2006 was Emma Peplow, sales quality review manager at Personal Touch Financial Services. Jimmy Choo vouchers to the value of £250 are in the post.

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Rate rise will hurt non-fixed rate borrowers, says Hamptons

Hamptons Mortgages has warned that the interest rate rise will hurt homeowners on tight budgets and those that arent on fixed rates. Jonathan Cornell, technical director at Hamptons Mortgages, says: With house prices growing by around 10% in 2006 and predicted to increase by as much as 8% this year we knew that Monetary Policy […]

A&L relaunches fixed and trackers products

Alliance & Leicester is relaunching some of its fixed rate mortgages and its near prime trackers.A&Ls buy-to-let two-year Bank of England base rate tracker is now at 5.00%, with a maximum LTV of 75%, and arrangement fee of 999. This product carries an early redemption charge of 6% until March 2008, and 5% thereafter.The self-cert […]

London house prices continue to soar

The Nationwide quarterly house price review has revealed that London house prices have continued to soar into 2007, with the average house costing nearly £270,000.The rise in the capital dwarfs any other national averages, with the national house price average being £172,065, a 9.3% annual change. London has seen a 11.3% rise, bringing the average […]

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(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.