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Mortgages up by 4%, remortgages fall 20%

Mortgages for purchase rose by nearly 4 per cent to 24,300 or £3.1bn in February from 23,400 in January but remortgages fell by 20 per cent to 35,000 from 44,000 in January, according to figures from the Council of Mortgage Lenders.

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Manager focus: Richard Buxton

A high weighting to banks and cyclical stocks has led Richard Buxton’s £1.04 billion Schroder UK Alpha Plus fund to rise some 30.6% over the month to April 3, according to the group. Over the same period, the average fund in the Investment Management Association (IMA) UK All Companies sector was up 15.1%.This stance had […]

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