View more on these topics

L&G survey highlights housebuyer confusion

Only a quarter of homeowners are aware of Government proposals to change housebuying rules according to a survey by Legal & General.

Legal & General claim homeowners need to be educated about the changes, brought about by the introduction of Sellers Packs, if the proposals are to be successfully implemented.

The Government hopes Sellers Packs will make moving house much faster and less stressful.

They require sellers to prepare a pack of information including a property condition survey, draft legal work and the results of local authority searches before their homes can be marketed.

Buyers will then be able to see any defects in properties before they visit them and not be faced with any problems once they’ve made an offer.

There will also be a greater use of mortgage Acceptances in Principle which will tell buyers their mortgage is all pre-arranged and help them be presented as serious buyers.

Recommended

Goodfellows secures new ASU plan

Goodfellows has brought in a revamped version of securityfirst.co.uk, a mortgage payment protection insurance plan.The product is only available online and the cost has been revised by the company. After a free cover period of three months securityfirst.co.uk offers accident sickness and unemployment sickness (ASU) cover of £3.75 for every £100 of mortgage cover.A joint […]

Edinburgh Fund Managers – Global Growth Portfolio

Wednesday, 15th November 2000.Type: Unit trust.Aim: Growth by investing in unit trusts and Oeics.Minimum investment: Lump sum £2,000, monthly £100. Isa lump sum £2,000, monthly £150.Investment split: US 50 per cent, Europe 20 per cent, UK 12 per cent, Japan 9 per cent, Pacific and emerging markets 9 per cent.Isa link: Yes.Pep transfers: No.Charges: Initial […]

Stylish strategy for Chase Fleming

Chase Fleming Asset Management has added the FF-US strategic growth fund to its range of style funds. Style funds work by recognising that all stocks are different, even though they might be in the same sector. The FF-US strategic growth fund is a Luxemburg-based Sicav that applies this principal to growth stocks, meaning the fund […]

Morgan Stanley Dean Witter – Morgan Stanley Dean Witter Sicav Emerging Europe Fund

Wednesday, 15th November 2000.Type: Sicav.Aim: Growth by investing in emerging Europe, former Soviet Union, the Middle East and North Africa, telecoms, technology and countries with natural resources.Minimum investment: I shares $2.5 million, A shares $5,000.Place of registration: Luxemburg.Investment split: Russia 22 per cent, Turkey 21 per cent, Israel 20 per cent, Greece 10 per cent, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com