The remortgage market slump showed signs of ending in March as the number of loans advanced to borrowers increased year-on-year for the first time in 11 months. According to the Council of Mortgage Lenders, there were 26,600 loans to remortgage borrowers in March, up 6 per cent on March 2014’s 25,200. This was the first […]
Competitive rates and ambitious landlords are driving a growing focus on remortgaging among buy-to-let lenders, according to experts. Figures issued by broker Mortgages for Business show that 66 per cent of buy-to-let loans were for remortgages in the first quarter of 2015, up from 62 per cent at the end of 2014. Remortgages have now […]
Apfa has written to the major political parties to urge a rethink of what it terms an “unjustifiable” 10 per cent increase in advisers’ FCA fees. In a paper on proposed fees published in March, the FCA said A13 advisers will pay £74.9m in 2015/16, up by 10 per cent from £68m in 2014/15. The […]
Conservative party whip Greg Hands has been named as chief secretary to the Treasury, replacing Liberal Democrat Danny Alexander. Hands has served in the Tory whip office since 2011, but was handed his new role as part of today’s Cabinet reshuffle. As chief secretary, Hands will be the second most senior MP in the Treasury, […]
The Artemis UK Smaller Companies Fund has delivered good returns through the bull market. But its cautious style is better suited to the trickier times which could be coming, says manager Mark Niznik.
- Top trends
- Top trends
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