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Mortgage lending up 40 per cent on year

Analyst Datamonitor says gross mortgage lending advances increased by 40.6 per cent to £21.8 billion in July this year from £15.5bn at the same time last year. In its “UK Mortgages 2002: Going from strength to strength?&#39 report it says rapidly increasing house prices and low interest rates have been the principal market drivers in the growth, although low unemployment, insufficient new housing supply and poor stock market returns have contributed to property market buoyancy.

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Eye-fa offers web deal

Eye-fa, a new IFA dedicated web directory, has been set up with the aim of enabling advisers to complete all their business transactions online.The site, www.eye-fa.co.uk, aims to help IFAs take advantage of the increasing number of facilities for intermediaries available online and aims to have most product providers signed up by the end of […]

Outside edge

Perhaps Luke March should approach Estelle Morris to supervise the remaining period until the December 31 deadline for mortgage advisers to achieve their minimum qualification.Then we could be confident that the deadline will pass without anyone knowing where they stand. We could revise the standards continually until the right political solution is found.However, just like […]

ScotProv adds benefits to Self Assurance range

Scottish Provident has added children&#39s income and immediate cash benefits to its Self Assurance range, which it says gives policyholders more protection than offered by its rivals.ScotProv says the two new benefits, launched this week, are intended to cater for a gap in the protection market and will be included free to customers taking out […]

Steve Ingledew

Berkeley Berry Birch group deputy chief executive Steve Ingledew has a lot on his plate. Not only is the firm planning to raise £20m to fund an ambitious acquisition programme but Ingledew has an urgent deadline – the birth of his new baby next month.When Ingledew graduated from Sussex University in 1984 with a degree […]

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