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St James’s Place CEO steps down

St James’s Place says Mark Lund has stepped down as chief executive and is leaving the group to seek a fresh challenge. The company says it made a joint decision with Lund that he should step down.

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Halifax contacts clients direct to arrange transfers

From Jason SimpsonMuch has been made of Halifax’s payment of proc fees for product transfers. But what has not been publicised is that it now has a call centre which contacts clients directly to arrange product transfers. I recently got an email from my Halifax BDM regarding clients with Halifax mortgage rates finishing on January […]

Paragon reports 82% buy-to-let business boom

Paragon has released its 2006 annual report which shows that buy-to-let loan advances have increased by 82.2% to 3,038.3m. This is up from 1,667.8m in 2005.Loan advances increased by 68.5% to 3,412.6m up from 2,025.6m in 2005.The increase in loan assets was by 29.1% to 8,426.6m on a statutory basis up from 6,528.7m in 2005.The […]

Burgess’ double standards were breathtaking to me

From Andrew Weir I hope I’m not alone in my feelings on this subject but I feel compelled to a recent article (Mortgage Strategy December 18) in which the double standards displayed by Simon Burgess were breathtaking. On one hand he talks about spending 750,000 on his home as his most expensive ever purchase, and […]

REITs could herald more investment

Real Estate Investment Trusts have been hotly tipped to lead the way in allowing people to invest in any property – even their local pub.

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