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According to new data released today from the Q1 2012 Quarterly Vincent Bond & Co Debt Outlook, 1 in 3 (28%) of those in debt have taken out a payday loan.
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Despite reported slumps in house sales nationally, regional developer Linden Homes is celebrating its best January for five years – selling a home a day for the entire month!
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The Financial Services Authority has today published a report that shows most sale and rent back transactions were either unaffordable or unsuitable and never should have been sold.
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W A Ellis comment on the January prime central London property market.
Top Mortgage News
Precise Mortgages to launch joint legal representation on bridging range
The bridging market traditionally insists on separate legal representation for the borrower and lender but from Monday 6th February Precise Mortgages will allow borrowers if they choose, to use Precise Mortgages’ solicitors.
Top Loans & Lending News
Commercial Acceptances introduces lowest ever bridging rate product
Commercial Acceptances, the wholly-owned subsidiary of Close Brothers, is set to introduce its lowest ever bridging rate product for customers.
Top Commercial Finance News
House sales top £5m for new homes developer
Despite reported slumps in house sales nationally, regional developer Linden Homes is celebrating its best January for five years – selling a home a day for the entire month!
Top Economy News
Cornwall is second homes capital of UK
New analysis from PrimeLocation.com reveals that Cornwall contains the highest number of second homes in the UK at an average price of £247,432, headlining a year of growth for the second homes market despite the current difficult economic climate.
Top Debt & Insolvency News
1 in 3 seduced by payday loans
According to new data released today from the Q1 2012 Quarterly Vincent Bond & Co Debt Outlook, 1 in 3 (28%) of those in debt have taken out a payday loan.
Top Regulation News
FSA slams sale and rent back firms
The Financial Services Authority has today published a report that shows most sale and rent back transactions were either unaffordable or unsuitable and never should have been sold.
Top Insurance News
Total Landlord insurance launches rent guarantee insurance policies
Specialist provider of Buy-to-Let cover, Total Landlord Insurance, has launched Total Rent Guarantee Insurance.
Top Business News
DPG reports best ever start to the year
A strong start to 2012 has seen DPG deliver record home hunter enquiries to their member agents.
Top Technology News
Field agent firm distribution system goes live
The Charlbury Group today announced that following a three month pilot their AMS: Field Agent system will now be launched to the entire mortgage market.
Top Equity Release & Pensions News
Equity rich homeowners increase their stake in Central London market
Equity rich homeowners in Central London, who have benefited from strong price growth and low interest rates over the last four years, are moving on up the ladder without the need to sell their existing home.
Top Investments & Offshore News
London sees rise in Australian based buyers
London has seen a rise in Australian based buyers according to London property search company, Sourcing Property, who has acted for 6 Australian BTL clients in the past 3 months alone.
Top Surveying & Conveyancing News
'West End’ is prime property price driver
East-west shift: London’s ‘West End’ wealth sector takes over from traditional City banks in the East as prime property price driver, report Savills.
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recent myintroducer.com blog posts
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