Two months on from the introduction of the Help to Buy scheme, new research from Rightmove reveals confusion about the scheme is widespread and more needs to be done to help deliver a bottom-up recovery to a healthy housing market.
Loans & Lending News
A recent survey by Vantage Private Finance has revealed that while confidence in the property market is growing among professionals in the industry, the vast majority believe access to finance is still holding them back.
Commercial Finance News
United Trust Bank has hired banking lawyer William Gould for its Bridging Division. William’s appointment will enable the Bank to further develop its service, in particular with regard to providing complex structured loans.
George Osbourne announced during the Autumn Statement today the revised figures from the Office of Budget Responsibility, who have upgraded their growth projection for the UK economy to 1.4% from the 0.6% predicted in the March budget.
Debt & Insolvency News
To date, one in three (37%) of Debt Advisory Centre’s new clients in 2013 owe money to payday lenders.
In his Autumn Statement today, George Osborne announced new measures regarding tax, including cracking down on tax avoidance and aggressive tax planning.
Genworth, the provider of mortgage insurance products across the globe, has today announced the appointment of Tim Rooney as its new Country Manager for Mortgage Insurance in Germany.
The 2013 series of Mortgage Vision events, held during October and November, saw a 47% uplift in broker attendance setting a new record in overall attendance in the event’s four year history.
Vizolution has launched vChat, a new web chat capability for advisers or agents speaking to clients remotely.
Pensions & Equity Release News
During the Autumn Statement today, George Osborne today announced that an increase in the state pension age to 68 in the mid 2030s and to 69 in the late 2040s would be 'fair', citing increased life expectancy.
Investments & Offshore News
Following the success of previous Shawbrook 5-year fixed rate bonds, a new issue has been launched by the Bank today at a market leading rate of 3.20% Gross/AER.
Surveying & Conveyancing News
Broker Conveyancing, the broker-focused conveyancing distributor, has today added Birchall Blackburn Law to its solicitor firm panel.
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