David Smith (pictured) is chief innovation officer of Uinsure Dianne Thompson blundered whilst CEO of Camelot, Matt Barrett advised credit card debt was bad for you whilst CEO of Barclays, Helen Mirren claimed using moisturiser “probably does F*** all” whilst brand ambassador for L’Oreal, and of course no one can forget Gerald Ratner’s 1991 enormous [...]
Crime fears causes an estimated worth of £6.6bn of property sales to fall through each year, Churchill Home Insurance has found. Estate agents estimate that 2.4% of house sales fall through as a direct result of buyers’ fears over crime, amounting to an estimated 29,082 scuppered property transactions every year, or 80 homes per day, [...]
NatWest has reduced rates on selected core and semi-exclusive residential and buy-to-let products. These include reductions of up to 0.22% on its semi-exclusive 2-year fixed rate purchase deals and up to 0.31% on its semi exclusive 5-year buy-to-let fixed rate remortgage deals. Mark Bullard, head of sales said: “We have taken this opportunity to review [...]
Customers who shunned mortgage advice before the Mortgage Market Review launched in 2014 generally had enough financial expertise to choose a product themselves, the Financial Conduct Authority found. The Mortgages Market Study found there was “no significant change” in consumer outcomes between those who took out a mortgage without advice before the Mortgage Market Review [...]
Legal & General general insurance has launched SmartQuote for Intermediaries, a mobile-friendly and streamlined way for advisers to obtain a quote for their customers’ home insurance needs. Using big data, SmartQuote enables advisers to get a quote for their clients’ buildings and contents insurance in as little as one question if they already know the [...]
Conveyancing solutions provider LMS has extended its services with Yorkshire Building Society (YBS), now providing fees assisted remortgage services across the lender’s intermediary brand, Accord Mortgages. Previously LMS delivered remortgages for Accord Buy to Let customers only, but this has been extended to include residential mortgages for the intermediary lender. Nick Chadbourne, chief executive at [...]
Joe Arnold is managing director at Arnold & Baldwin There is still no certainty to the future following another critical week for Brexit, but perhaps the extension offered by the 27 EU leaders does at least provide some clarity as to which way the wind is blowing. By agreeing to a delay until 22 May [...]
The government’s Right to Rent policy should be scrapped after the High Court ruled that discrimination is central to the scheme, the Residential Landlords Association has urged. A court ruled that a landlord who seeks to repossess property where the Home Office tells them a tenant does not have the right to rent, is breaching [...]
The network Openwork, general insurance provider Paymentshield and distributor Auxilium Partnership have argued that some pieces of technology can be detrimental for the world of general insurance. Paul Shearman, proposition director at Openwork and Emma Green, head of sales at Paymentshield, said that technology that’s used to reduce the number of questions asked can lead [...]
Buy-to-let has given greater returns than gold, cash and fine art for investment in the last decade, combined lettings inventory and property compliance specialists VeriSmart has found. When considering the annual gain in house prices along with the increase in rental yields, an investment in the sector a decade ago would have brought a 92% [...]