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Spring Move to offer no sale no fee Hip

Spring Move is to offer a no sale no fee Hip and is challenging the rest of the industry to match its move.
The Hip provider says it will only charge for its specialist Hip if a sale is agreed to counter criticism of the fact homeowners may have to pay twice for a Hip if their house fails to sell before the pack needs to be updated.
The offer will be open to homeowners buying Hips through estate agents as well as directly through Spring Move.
Spring Move chief executive Stephen Foden says: Hips will go a long way to reducing the stress and misery involved in homebuying and selling. However, people should not be forced to pay twice for a Hip if their sale does not go through for reasons which will often be beyond their control.
We believe a no sale no fee offer is simple fairness. The industry needs to work together to do all it can to make homebuying and selling easier and should not be seeking to profiteer. A no sale, no fee offer helps to achieve that.


Ice work if you can get it…

More paddling pool shenanigans last week as Torquil Clark went to great lengths to keep staff cool in its converted church during the heatwave – remember the heatwave? A paddling pool was installed complete with ice cream, ice cubes and cooler packs to help beat the heatwave. Pensions consultant Rachel Jefferson (pictured below) and marketing […]

Widows won’t wage a pension price war

Scottish Widows chief executive Archie Kane says the firm will not get dragged into a “destructive” price war to protect its market share. Widows’ individual pension sales in the first half of this year were slightly down on last year and Kane blames the fall on rivals increasing their commission rates to unsustainable levels purely […]

ICSA joins debate over Big Four dominance of audit market

The Institute of Chartered Secretaries and Administrators has entered the debate regarding the dominance of the Big Four accounting firms in the UK audit market as it voices support for a wider availability of choice.In response to a discussion paper issued by the Financial Reporting Council entitled Choice in the UK Audit Market, the ICSA […]

Exchange runs new roadshows

The Exchange is running a series of new business roadshows across the UK open to all Exweb portal users and potential users.Events will take place in August and September in Harrogate, Exeter, Manchester, Cambridge, Birmingham, Gatwick, Edinburgh, and Glasgow.The events aim to present the business case for using technology to help advisers improve their business […]

Is three a crowd?

The pension versus Isa debate has raged on and off for years. Les Cameron, head of technical at Prudential, asks if three’s a crowd.   I think the debate was arguably settled by pensions freedom when the biggest downside of pensions – limited access and poor death benefits – was fundamentally changed. Total access, albeit with […]


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