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Alexander Hall increases FTB business

Alexander Hall, the London-based mortgage broker has increased its percentage of first time buyer business.

Business from FTBs has grown from 37 per cent in the first quarter of 2004 to 45 per cent for 2005.

The trend appears to go against recent market commentary about FTBs being priced out of the market.

Customers are coming direct to Alexander Hall of registering with estate agent Foxtons as a new applicant and then discussing their mortgage options with the broker.

Alexander Hall chief operating officer Andy Pratt says: “First time buyers are increasingly more financially astute and are looking for good advice and the best deal possible.”


Revenue leaves door open on lifetime limit

The Inland Revenue’s technical amendments to A-Day rules means investors avoid being tested against the lifetime limit twice, says Scottish Equitable pension development director Stewart Ritchie.

RIRC welcomes Turner addition

The Retirement Income Reform Campaign has welcomed the Governments addition of the compulsory annuitisation rule at 75 to the Turner commission.The RIRC has campaigned for five years to secure this legislative reform in four private members bills and during the debate on the Pensions Act 2004.RIRC director Dr Oonagh McDonald CBE says: “There is now […]


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