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Trade bodies in instalment bid

Trade associations have agreed to work together to agree a common strategy to attempt to persuade the FSA to allow firms to pay their 2005/06 fees and levies by instalments. The decision was made at a meeting held by the FSA in conjunction with the Small Business Practitioner Panel and the FSCS where trade bodies and credit providers were brought together to develop a market solution. Representatives will be meeting with selected providers shortly to negotiate the terms on which finance might be provided.


Egg shuts Fundsdirect

Egg has closed down its Fundsdirect wrap project after failing to find a buyer, saying potential buyers were put off by the investment needed to support the business into profitability.

Rooftop Mortgages introduces right-to-buy schemes to its product range

Rooftop Mortgages extends its product range with a series of right to buy schemes. It has also extended its lending to Scotland and re-vamped its buy to let products. The new right to buy products have been introduced to meet the needs of intermediaries specialising in this niche sector.Rooftop’s collection of products is also now […]

UK housebuilders remain a value trap – despite post-Brexit falls

Despite the sharp drop in housebuilders following the Brexit result, valuations in the highly illiquid market are still at elevated levels. And whilst some investors may take comfort from superficially low price/earnings multiples, are earnings sustainable over the long term, asks Holly Cassell, Assistant Manager of the Neptune UK Mid Cap Fund. Click here to […]


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