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Isa sales show recovery

Sales of Isas bounced back in October from their first-ever net outflow in September. Net sales for Isas in October rose to £37.4m, according to the Investment Management Association.

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Hamptons International Mortgages managing director Kevin Duffy says the sale of Charcol to a consortium including founder John Garfield is not good news for the rest of the industry because “Garfield has a proven record of turning water into wine”.But Duffy is curious to see what scale Charcol’s new management will grow the business to, […]

Nationwide forecasts 2% rise in 2005

Nationwide’s housing forecast for 2005 says the average property price will rise by just 2 per cent as more realistic price expectations will act as a brake on the market. Predicted net mortgage lending for 2005 is £73bn from an expected £97bn in 2004.

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