Eleven arrests have been made as part of an investigation into mortgage fraud involving 84 newbuild properties in Thamesmead. Alliance & Leicester, Platform and Rooftop have been affected by the case and are helping the police with the investigation.
David “Martin Clunes” Stewart from the Abbey press team (no, not from Eurythmics and, no, I never tire of that joke) got more than he bargained for when his esteemed colleagues in the press office mocked up a birthday card for him from the Dark Side no less. And a birthday belated happy we wish […]
July’s gross mortgage lending reached £21.3bn, 12 per cent higher than the same time last year according to the British Bankers’ Association. The BBA says the strength of lending figure reflects higher levels of remortgaging activity.
StanLib is setting up South African equity and regional African funds and claims that the investment outlook for the continent has never been stronger.The Standard Africa equity fund will invest in up to 16 equity markets across Africa with its initial holdings focused in Egypt, Morocco, Nigeria and Kenya.It will also have the freedom to […]
The fallout from the US sub-prime market is still causing jitters across stockmarkets but mortgage IFAs and brokers want to know what it means for them and their clients.
By Paul Caruana-Galizia, Neptune Economist
Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.
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As discretionary fund managers continue to grow in assets and importance in the adviser community, Money Marketing research has cast new light on the market’s impact on planning. More than 400 advisers and paraplanners responded to a Money Marketing survey on the DFM market. Ninety per cent of respondents used at least one DFM and […]
HM Revenue & Customs has published guidance on how new income tax bands in Scotland will affect pension schemes and their members. The note is a response to the Scottish Government’s confirmation it will introduce five income tax bands for 2018/19. Pension savers in Scotland currently receive pension tax relief at their marginal rate but […]
SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. SimplyBiz joint group chief executive Matt Timmins confirms the business has recently appointed Zeus Capital as […]