View more on these topics

Savills predicts prime recovery

Savills Private Finance is predicting a recovery in the prime mortgage market, with London leading the way.

It forecasts growth of 6 per cent in prime London markets and 4 per cent in prime markets across the country this year compared with 2 per cent growth in the mainstream sector.

Savills processed 32 1m-plus mortgages in January and February compared with 16 in the same period last year and 17 in January and February 2003.

Head of residential res-earch Richard Donnell says the prime market has always led any slowdown in housing. He says the prime sector is a lead indicator for the rest of the market although it is driven less by mortgages and more by equity and sentiment.

Donnell says: “As the prime housing markets have led the slowdown, we expect them to be the first to recover. Quality and location are the two important factors.”

Hamptons International Mortgages associate director Jonathan Cornell says: “I would not be as bullish as Richard. There is activity in the Home Counties and M4 corridor but not as much as you would expect of a typical spring.”


New Star offers Fof guidance

New Star has produced a plain English guide to funds of funds in an effort to reduce investor confusion over some of the terminology used.

Advisers split as appeal deal is turned down

The FSA and the Financial Ombudsman Service have ruled out setting up an independent appeals tribunal to allow IFAs to challenge ombudsman decisions, which some advisers argue breaches their human rights.

Silver screen Jubilee

Jubilee Pictures is intending to raise between 400,000 and 6m for the Jubilee Pictures enterprise investment scheme, This EIS will invest in a library of feature films for cinema, television and video release.

A&L set for 5m TV campaign

Alliance & Leicester is running a 5m TV advertising campaign. The ads will focus on the banks loans, current account and mortgage campaign, with the first months spend amounting to 1.5m. McCann Erickson Central is the lead agency.


Guide: 10 required letters — what to send, to whom and when?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. The topics in this guide include: the letters you need to send out; what to send and when; the importance of employee engagement; and what to consider as additional communication.


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