Nov 21, 2020 | Newsletter
Mortgage wait times are soaring – putting homebuyers at risk of losing their dream property. Before the pandemic started, it took two weeks to get a mortgage offer. Now it can take six weeks. Home working by bank staff has been blamed for causing a massive backlog of...
Nov 18, 2020 | Newsletter
The latest figures from the Investment Association show that UK funds are firmly out of favour with UK retail investors. UK funds suffered net outflows in June and July of £1.1 billion and £912 million, respectively. Other categories of fund proved popular over the...
Nov 15, 2020 | Newsletter
The Sunday Times carried out a mystery shopping exercise with the three biggest equity release companies following a surge in people considering making use of the lifetime mortgage product. The ‘paper tried to find out how much a 64-year-old woman would be able...
Nov 13, 2020 | Newsletter
It’s an unfortunate reality that, as the furlough scheme winds up, many more people are going to find themselves at risk of redundancy. Whilst the prospect of leaving a job involuntarily can be daunting, the best thing to do if facing this situation is to prepare...
Nov 10, 2020 | Newsletter
Property prices leapt 7.3% year-on-year last month as Britain’s housing market boom continues, with lender Halifax reporting mortgage applications at a 12-year high. Figures from the bank show the average residential home sold for £249,870 ($322,877) in September,...
