View more on these topics

CML calls for end to policy &#39schizophrenia&#39 on home ownership

The Council of Mortgage Lenders has just published an overview of the history and current state of the housing market. It has also published its own manifesto, as it believes current policies about home ownership sometimes contradict eachother.

It is calling for active public policy promotion of home ownership, more help for those on the cusp of affordability through the expansion of repayable grants, a move towards greater tenure flexibility, reform of the support and subsidy systems to remove inequalities between tenants and ownder, and the development of a cross party consensus for these principles to provide a long term policy framework.

Director general Michael Coogan says: “For too long, UK housing market policy has seemed disjointed and lacking in long term vision. This has resulted in some schizophrenic effects, where policies designed to help the market are directly contradicted by others that hinder it.

“The Government and the other political parties should be explicit about their intentions for the future of home ownership. Our manifesto urges policymakers to aim for policies that make the differences between owning and renting more fluid, helping the market to become more responsive and resilient.”


Survey prompts FSA to educate school leavers

The FSA is looking to educate young people about financial services at times such as leaving school, starting a first job or going to university as it says these activities require the need for financial products, services and money management skills. The decision comes after an NOP study commissioned by the FSA found that young […]

Funds keep their focus on US, UK and Europe

Equity funds continued to dominate the UK fund market in 2003, according to Lipper&#39s study of global themes in the mutual fund industry. The study, which examines fundamental investment trends, issues and economic conditions affecting the mutual fund industry, shows that of the 352 funds launched in 2003, 179 were equity funds and 48 were […]

Group chief executive Ingledew leaves BBB

Stephen Ingledew has left his position as group chief executive at national IFA Berkeley Berry Birch as the firm mulls over its merger with rival Inter-Alliance. Group chairman Clifford Lockyer will add Ingledew&#39s role to his responsibilities while finance director Craig Butcher, who had been due to step down later this year, will stay on […]

NAO report allows Revenue pensions simplification

The National Audit Office&#39s report backs up the Treasury&#39s views and paves the way for the Inland Revenue to implement pensions simplification, HR consultants Hewitt Bacon & Woodrow assert. Speaking on the NAO&#39s research into the impact of the £1.4m lifetime pensions cap Hewitt Bacon & Woodrow pensions consultant Andy Cox says the NAO has […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm