View more on these topics

Post election upsurge in the mortgage market predicts Purely Mortgages

Purely Mortgage predicts a post-election upsurge in the mortgage market and a recovery in the market over the next few months.

But Purely warns customers not to wait to remortgage their homes for emotional rather than rational reasons.
Purely Mortgages marketing director Ian Giles says there are people definitely looking at remortgaging or purchasing but are deferring their decision to go ahead until after the election is over.

Giles says: “Our advice to anyone sitting on their mortgage decision is not to languish on expensive SVRs – while waiting for more certainty is understandable from an emotional point of view, it is also irrational because it results in consumers being worse off financially.”


Fee spirit

Axa Management and Training management consultant Simon Olive says clients are willing to pay a fee for advice in return for peace of mind, a trusted relationship and a value-added service and advisers can profit by cutting their admin burden and concentrating on a smaller client base paying a retainer.

NU brings Indian call staff in-house

Norwich Union is bringing its 1,000 Indian call-centre staff in-house in a move that will enable it to bypass a potential tax charge.

Investment clock economic update

In the latest Investment Clock economic update, Ian Kernohan, Senior Economist at Royal London Asset Management, discusses the implications of the US Federal Reserve’s recent hike in interest rates and upcoming French presidential election. The value of investments and the income from them is not guaranteed and may go down as well as up and […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment