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.
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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, […]
Understanding the new State Pension
The Department for Work and Pensions (DWP) has unveiled a new communications campaign to raise awareness of the new State Pension that will be launched next year.
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Can a healthier body really lead to a healthier mind?
There are growing signs that positive lifestyle decisions taken now could lead to positive effects on mental capacity in later life. Vitality’s Deepak Jobanputra examines the emerging evidence.
Amyr Rocha-Lima: Why HR officers should be your next business relationship target
Being the dedicated adviser to the employees of local businesses will boost your reputation and grow your firm Taken at face value, the roles of financial planner and HR officer may not appear to have much in common. Yet, the two can dovetail perfectly in some situations. The most obvious benefit is when it comes […]
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Are DFM deals really taking risks off advisers?
Advisers must be able to trust their discretionary fund manager as decisions that backfire could still be the advisers’ responsibility, experts say. In the latest edition of Money Marketing’s series of live debates, MM Wired, gbi2 consulting director Graham Bentley, Signpost Financial Planning chartered financial planner Nigel McTear, Charles Stanley senior investment manager Will Walker-Arnott […]