The Council of Mortgage Lenders says home information packs are nowhere near ready for implementation. The CML is calling on the Government to undertake a realistic assessment of the cost of HIPs and to ensure costs do not rise beyond that. It also wants the Government to approve spending for development work as a matter of urgency. The Government expects HIPs to be available from January 2007.
A Professional Mortgage Packagers’ Association board member has hit out at claims that depolarisation will mean the death of the packaging industry.
Chelsea Building Society
Two Year Fixed Rate
The Mortgage Operation
Woolwich 4.99% Fixed Rate
RU64 could be set to be scrapped, with the FSA to consult on its abolition in the New Year.
By Neil Jones, Canada Life Investing through international providers has grown in popularity over recent years as investors seek out the benefits of gross roll-up and the wider range of investment options that can be available. When considering a recommendation for a lump sum investment, not only does the adviser have to select a suitable tax wrapper […]
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A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]