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Big Brother encourages house hunting, says B&B

Recent hot weather has slowed the pace of house sales by more than two

weeks, claims a report from Bradford & Bingley Estate Agents.

B&B says summer activities have led to house hunters put off searching for


The report found that it currently takes an average of 11 weeks to sell a

house, an increase from the average of nine weeks last year.

But B&B also points to other factors which it believes help the housing


It says the popularity of voyeuristic television programmes such as Big

Brother has helped increase the number of home viewings by 9 per cent since


The report found that this trend is most prevalent in Scotland, where

sellers now have 13 visits on average before a sale is agreed, the highest

in any region of the UK. Sellers of homes valued at between £200,000

and £250,000 in all areas of Britain are in the strongest bargaining

position, with an average of 11 buyers vying for each property.

B&B says people are still moving home for traditional reasons. Regional

business director Ian Davies says: “Our research shows people are moving

for bigger properties, better locations and to be in the catchment areas of

top-rated schools. Additionally they want en suite bathrooms, double

glazing, extra study areas or bedrooms, garaging or off-street parking.”



Minister says firms competing under 1%

New pensions minister Ian McCartney says the debate on stakeholder is nolonger about 1 per cent but about how low charges can go. In an exclusive article for Money Marketing, McCartney says stakeholder is“exerting a powerful and positive influence”. He says the debate is“focusing on how low providers can go, with schemes being set up […]

Scot Prov landslide for Abbey takeover

Scottish Provident policyholders have agreed to merge with bank Abbey National by a massive 97 per cent.The vote follows recent overwhelming acceptances by Scottish Life members to a takeover by Royal London and acceptance of demutualisation proposals by Friends Provident’s management.

Go Private link-up with Pioneer Friendly Society

Go Private, the wholly owned subsidiary of healthcare provider Exeter Friendly Society, has established an affiliation agreement with income protection specialist Pioneer Friendly Society to offer a health cash plan option with its policies. The joint venture will be available to all new and existing Pioneer policyholders and will offer them self-pay hospital products, loans […]

Misys makes a match

If it is not a marriage made in heaven, the acquisition of DBS and itsAssureweb subsidiary by Misys must be a marriage made in cyberspace. Clearly, there is a wide range of issues that need to be addressed whenconsidering if the takeover in its entirety is a good thing, but from apure technologyperspective it has […]

Navigating volatility

The making of any fund can be seen in how it responds to crises and opportunities. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham outlines how the Royal London Global Multi Asset Portfolios or GMAPs navigated through Brexit and the US election cycle. He also highlights the importance […]


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