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Self build business up by 15 per cent for TMB in January

TMB’s self build business in January is up 15 per cent on the same period last year.

The lender says that its staff have reported a sharp rise in interest from brokers who have not been involved in self build previously.

TMB sales and marketing director David Murphy says: “The Self Build team have seen a marked increase in the number of enquiries from introducers who have not previously submitted Self Build business. With strong government housing targets there is a renewed focus on the self build sector.

“There are a host of benefits in building your own home not least the fact that VAT can be claimed back. Additionally, many people are switching on to the fact that an alternative to finding an empty plot of land is to knock down a property and build the replacement to individual specifications.

He adds: “Mortgage Introducers and packagers are quite rightly arming themselves with the right information and developing partnerships with lenders who have experience and specialist knowledge in this sector. We expect Self Build to be one of the areas of growth in 2008.”


Wave pulls near prime plus range and ups minimum age to 21 on all products

Wave is making a number of changes to its mortgage range which includes withdrawing its residential near prime plus range.In an email to brokers the lender says that First Time Buyers will no longer be available on its Buy to Let rental income option and it will be introducing a new minimum age of 21 […]

Black and White withdraws from regulated mortgage market

The Black and White Group has confirmed it is withdrawing from the regulated mortgage and insurance market.It says it has voluntarily recinded its Part IV permissions which allowed it to operate in the mortgage and insurance markets. The broker says it will now focus on its unregulated distribution strategies such as lead generation, secured loans, […]

Inaccuracies over FSCS powers

The letter in Money Marketing, headlined, Keep your nerve over claims, was an inaccurate account of the Financial Services Compensation Scheme’s powers and practices.

National Dragons’ Den to boost enterprise says Tory review

An independent review commissioned by the Tory party into the UK’s enterprise environment has proposed that a national system similar to the TV show Dragons’ Den should be introduced to boost entrepreneurialism in the UK. It proposes improving financing for growing businesses by making it easier for people or businesses to invest as syndicates. It […]


What employers should expect over the next five years

A major feature of our articles is looking into the Jelf Employee Benefits crystal ball to predict changes and trends that may influence the short and medium term shape of UK employee benefits.  By flagging such changes early we aim to provide our followers with the tools to make sensible and informed decisions on their benefits offerings.


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