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Property plan aims to deliver 9-11%

Cordea Savills is offering a property development scheme aiming for returns of 9-11 per cent and acting to mitigate IHT by using business property relief rules.

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Extra cash would trigger more investing and debt repayment, says WW

Investing and repaying debt take priority for people who come across extra income, says Watson Wyatt. The consultants conducted research asking 2,500 people what they would do with an extra £200 a month. Participants were allowed two responses.Findings showed that 46 per cent would invest at least some of it, 43 per cent would use […]

Harris turns the tables on sky-high fees

Savills Private Finance managing director Mark Harris has sparked fierce debate by claiming that mortgages with high arrangement fees should be dumped from best-buy tables.

Buy to let is top for returns

Buy-to-let investors are getting the best return of all asset classes, according to Landlord Mortgages. Investors who bought a BTL property with a deposit of 25,000 on average saw a 39,309 average profit over the past six years. Second was gold, with a 22,484 profit on the same stake.

TMB names new strategy and planning director

The Mortgage Business has appointed Robert Holmes as director of strategy and planning.He was part of the original team that launched TMB in 1989. Since then he has fulfilled a number of roles within the company including new business, customer service, systems support and project management.Holmes says: This new role gives me the opportunity to […]

Sub-Saharan Africa Near-Term Outlook

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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