Archive for February, 2013

Mortgage measures on track say banks…

Manchester Evening News, 20th February, 2013 Banks and building societies insisted efforts to unblock the mortgage market were on track today despite a pause in lending momentum during January. The Council of Mortgage Lenders (CML) reported that lending fell back by 9 per cent month-on-month in January, with an estimated £10.4bn of loans advanced last [read more…]


Equity Release Adviser at ET…

In the UK, equity release plans are becoming an increasingly popular part of retirement planning. Whilst an equity release plan can make life more comfortable and help you achieve financial freedom in retirement, it is essential that you are made fully aware of the options available to you and that you appreciate the lifetime commitment [read more…]


Britons aren’t planning for retirement…

A survey of 15 countries has revealed that Britons are not planning for retirement. More than 15,000 people in 15 countries were polled,  with 58% of Britons admitting they prioritise saving for holidays over bulding up a nest egg for their retirement. While the average UK retirement is expected to last 19 years, it has been [read more…]


Mansion tax to target unused land owners…

Owners of undeveloped land could be next on the hit list by the Lib Dem Mansion Tax. The party is said to be exploring plans to levy a 5-figure charge on potentially valuable empty land with a view to persuading developers to build new homes. The tax would apply to those plots where outline planning [read more…]


Property market set for another buy-to-let boom?

Landlord mortgages soared by a fifth in 2012 reports the Daily Mail’s Lee Boyce… £16.4bn lent to investors in 2012 – 19%  higher than the previous year 136,900 BTL mortgages agreed last year – almost 50,000 higher than 2009 ‘Buy-to-let is only going to grow in  popularity as mortgage rates become increasingly competitive,’ says  expert [read more…]