View more on these topics

House prices up 1 per cent in August says Halifax Price Index

Halifax’s house price index recorded a one per cent rise in August although it pointed to a slowing price growth rate in the market.

The index also revealed that in August house price inflation fell from 9.2 per in June to 8.2 per cent and the group expects the trend to continue over the next few months.

The number of loans approved for house purchase in the three months to July 2006 is up 24 per cent compared with the same period last year according to the latest Bank of England figures.

However Halifax says there is little evidence to suggest that activity has reached a plateau with the latest RICS survey indicating little change in completed property sales in July for the third consecutuve month.

Halifax chief economist Martin Ellis says: “There are signs, however, that the market is slowing with an overall increase in house prices over the three months from May to August of only 0.2 per cent compared with a 2.9 per cent rise in the preceding three months.”


Make hay while the sun shines

In my last few articles I have discussed a number of key issues which should be of prime importance to clients and, therefore, also to their financial advisers in various aspects of pension planning.

Fidelity global property fund now available as UK Oeic

Fidelity’s global property fund is now available as an Oeic on Cofunds, FundsNetwork, Lifetime and Transact. From September 12, the fund will also be available through Skandia. The global property fund is part of Fidelity’s Sicav and it invests in property stocks and Reits worldwide. Both versions will be managed by Steve Buller.Fidelity says due […]

Wolanski & Co changes name to Alliance Trust Pensions

Wolanski & Co. Trustees has changed its name to Alliance Trust Pensions Limited.The Sipp and SSAS administrator has this week written to all its adviser contacts and clients – of which 5,000 hold Sipps and 500 have SSASs – to inform them of the name change. The firm says it reflects its move into the […]

Midlands firm loses appeal over licence

A Midlands-based advisory firm has had its credit licence revoked following a series of hearings by regulatory bodies. CF Consulting, run by the husband and wife team of Riaz and Shomaila Ali, was found to be a risk to consumers. The firm specialised in providing financial and corporate advice to businesses in the Midlands area. […]

Rayner Spencer Mills: Why we rate the Artemis US Select Fund

Ken Rayner and Graham O¹Neill from RSM explain why they rate the fund, its investment process and how it can be used in a portfolio The Artemis US Select Fund became a RSM ‘rated’ fund earlier this year. In this video, Ken Rayner and Graham O’Neill explain the fund’s investment approach, why they rate it, […]


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 advice.

    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