View more on these topics

Olympics help boost BTL market

The buy-to-let sector has experienced a healthy start to 2006, according to UCB Home Loans.

It says growth has been experienced in London, partly due to the 2012 Olympics, an area that had previously been in decline.

UCB adds that the previous 4 per cent nationwide decline in BTL transactions in the first half of 2005 has been reversed with a 40 per cent increase during the second half of last year.

UCB managing director Keith Astill says: “The situation has dramatically turned about — after a year when it looked as though interest in the market had peaked, we are now in the middle of a year of rapid expansion. This momentum has carried over into 2006, with rising rents and increasing numbers of tenants making the market attractive to landlords.

“The Olympics have helped to stimulate interest in London’s buy-to-let market, although some of the initial boost following the winning of the bid has now calmed down.”


Nearly half of banks outsource DM

Direct marketing is outsourced to third party companies by 47 per cent of banks, according to research from data management specialists CDMS. The research looked at senior marketers in the top 1000 firms.

Bolton says bull market is over

Fidelity’s influential special sits fund manager Anthony Bolton says that the current bull market has run its course.Speaking at the Securities and Investment Institute on Wednesday 24th, Bolton said of the current market volatility: “I think it could be the end of the bull market but it will take months not days.”Bolton added: ” I’ve […]

Broker highlights overseas mortgage market problems

Brokers and lenders have come in for criticism for profiteering and failing to give proper advice on overseas mortgage applications. Overseas specialist broker Conti Financial Services managing director Simon Conn says some providers are guilty of serious abuses by advising consumers to remortgage and use the cash to buy abroad rather than take out a […]

Bestinsurance launches MPPI product for FTBs has launched a new age-rated mortgage payment protection insurance for first-time buyers.The trading style of British Insurance says younger applicants will benefit from cheaper premiums. It says many lenders offer a unified rate for their payment protection cover rather than being age-rated.The firm says it could save clients 75 per cent on their cover, […]

Tax-free gains? That can’t be right, can it?

When he was Chancellor of the Exchequer, George Osborne made several changes to the way in which income is taxed. Personal allowances were increased significantly above the rate of inflation; a starting rate band was introduced for savings income and, with effect from 6 April 2015, this was assessed at 0 per cent. In addition, […]


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