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House prices fall for sixth time in rowThe National Association of Estate Agents says the average property price in the UK fell for the sixth month in a row in November and now stands at £210,152. Annually, prices rose by 4.8 per cent, the lowest annual increase seen this year as the slowdown of house prices continues, but the NAEA says a crash is unlikely, with 50 per cent of estate agents expecting activity to pick up in January.


End of year edge: Mark Dampier

Despite gloomy forecasts, indices are up and investors who abandoned the market for buy to let missed out on the rally. But the next few years could be tougher going for Anthony Bolton, as the rerating in smaller companies could be largely over.

McFall welcomes Pru colour-coded letters

Treasury select committee chairman John McFall has praised Prudential for taking action to demystify financial services for consumers by mailing colour-coded reprojection letters.

Selestia introduces new charging structure

Selestia is replacing its existing pricing structure, which is effectively a percentage of client’s assets under management, with an explicit annual fee.From 1 April 2005, Selestia will levy a 75 annual fee per client, as opposed to the existing circa 25 basis point levy on their funds under management.At the same time, advisers will be […]


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