View more on these topics

New building methods bring fears over value

Huge demand for new affordable homes and a shortage of conventional building skills are adding to the drive to use non-traditional construction methods, according to research by the Council of Mortgage Lenders.

The CML says although lenders are taking a positive approach to new techniques, they are concerned about whether these buildings hold their value in the long term.

It sees this as an important issue as a number of commentators have identified a crucial role of prefabricated housing for key workers in areas such as London and the South-east, where prices have risen rapidly in recent years.

The CML&#39s says the UK has a long history of innovation in housebuilding, extending from the First World War, including precast concrete and timber-framed houses, but this has had a varying degree of success.

Deputy director general Peter Williams says: “Lenders are taking a positive approach to new building techniques but a central issue for them will continue to be whether a building holds its value in the long term. Lenders need information both about new developments and older buildings.”


Landlords relying on rentals rather than capital growth

Rental returns are now more important to buy-to-let investors than capital appreciation, according to a survey by Paragon Mortgages.Its September survey of buy-to-let trends in the private rented sector shows expectations among landlords changing, with rental return the most important factor even though average returns have fallen to 8.9 per cent last quarter from 9.6 […]

DBS fees rocket by 65% to pay for PI

DBS is raising its fees by 65 per cent and withdrawing its run-off cover to members to meet the escalating cost of professional indemnity cover.The network blames the spiralling cost of PI cover, which has increased by 60 per cent from last year, and higher FSA fees for the rise.Members have attacked the move, claiming […]

MLP director sacked

MLP has fired Dorian Simon, the divisional board member in charge of international activities.Simon is suspected of passing sensitive information to the media which prompted German investor magazine Bourse Online to accuse the company of creative accounting.MLP&#39s share price has fallen 84 per cent since the allegations in May. In June the public prosecutors office […]

Shake-up as Artemis and ABN Amro merge

Artemis is combining its fund range and sales structure after getting the green light from the FSA to merge with ABN Amro.The deal, which was sought by ABN after star fund managers Nigel Tho-mas and George Luckraft joined Framlington, will see Artemis chief executive Mark Tyndall become group chief executive officer and manager of the […]

Brexit Commentary from Natixis Global Asset Management

By David F Lafferty, CFA, SVP – Chief Market Strategist Thursday’s historic Leave vote in the UK will have both immediate and long-term consequences for the global economy and financial markets. The initial flight-to-quality reaction across asset classes has been exacerbated by the market’s misplaced confidence in a Remain victory leading up to the vote. Stock markets […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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