22/06/2006 FSA sets out GI review
The Financial Services Authority has today set out further details of its post-implementation review into the effectiveness of its general insurance conduct of business regime.
The review is being...
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22/06/2006 Empty homes to be seized by government
Homes that are left empty for more than six months can be seized by councils and converted into social housing under new legislation due to come into force next month.
The Empty Dwelling Management...
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16/06/2006 BMW and MINI launch into personal finance
BMW Financial Services and Money by MINI are launching a range of personal finance product ranges including house insurance.
The products include BMW and MINI eSaver savings account, to save towar...
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01/06/2006 House price growth sluggish in May
House prices grew by 0.2% in May, the second month of neutral growth in a row, according to Nationwide Building Society figures.
Annual house price growth remained below 5% with higher money market...
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01/06/2006 Bank of England data shows mortgage approval slump for April
Mortgage approvals for home purchases were a seasonally adjusted 106,000 in April, down from 114,000 in March, according to Bank of England stats.
Although they were up 12.8% from the same period las...
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01/06/2006 Business groups unite to oppose new EU internet rules
The Confederation of British Industry has joined forces with business bodies in six other European countries to oppose onerous new EU proposals to regulate audio-visual content delivered over the inte...
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01/06/2006 Business confidence in UK economy takes dramatic hit
UK businesses experienced a dramatic downturn in confidence during May, according to the Lloyds TSB Financial Markets Business Barometer out today.
There was a sharp decline in confidence about the...
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01/06/2006 Venture Finance re-brands online factoring service
Venture Finance’s online factoring offering, Click4cashflow has been re-branded to Venture Factors Direct and will become fully integrated with the lender’s other services
With VFD, businesses wil...
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01/06/2006 Bank commercial property lending soars
Lending for speculative commercial development has increased by 40% according to research from De Montfort University
Although the authors of the report The UK Commercial Property Lending Market, s...
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01/06/2006 Lambeth Building Society members approve Portman merger
Lambeth Building Society savers and borrowers overwhelmingly approved the merger of the Lambeth and Portman Building Societies at their AGM
Subject to confirmation by the Financial Services Autho...
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09/05/2006 House prices up by 5% says Land Registry
The Land Registry’s latest residential property price poll shows the average house price in England and Wales to be £192,745, an annual increase of 5.05%.
The increase covered the period between Ja...
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08/05/2006 Asset Finance
Davenham Asset Finance, the independent asset based lender to the UK SME sector, has boosted its asset lending division with the appointment of a new business development manager
Chris Leverett wil...
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05/05/2006 Buy To Let
New figures from Paragon Mortgages’ buy-to-let index show that the buy-to-let market is continuing its upward trend February has seen increases in key indicators with yields, property values and rents...
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04/05/2006 Mortgage lending
The Royal Institution of Chartered Surveyors says seasonal adjustments of the British Banker's Association's research on mortgage approvals in February, paints an even stronger picture of mortgage len...
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25/04/2006 State Securities - Business Lending
Asset based lender State Securities is celebrating a record amount of new business lending
During March, 2006, the commercial funding specialist recorded the strongest lending month in its 25 year ...
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17/04/2006 GE Commercial Finance
GE Commercial Finance’s Business Finance has provided a £31.7million refinancing package to global importer and distributor, PMS International Group Plc
The management team, led by Paul Beverley, ...
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17/04/2006 Lancashire Mortgage Corporation
Lancashire Mortgage Corporation, the specialist in commercial loans and mortgages, has launched of two products that can be wrapped up in one deal
Brokers can now offer a commercial loan or mortgage ...
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17/04/2006 Business Lending expands its commercial mortgages
Business Lending is stepping up its commercial mortgage exposure with the launch of products with LTVs of up to 85% aimed at the rural, leisure and tourism industry
Mortgages will range from £50,00...
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17/04/2006 Nikko acquires Cabot Financial
Nikko Principal Investments Limited (NPIL), the European principal finance arm of Nikko Cordial Corporation, has acquired debt purchase Cabot Financial Holdings Group in a £275 m transaction
NPIL acq...
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17/04/2006 HM Revenue and Customs
The burden of tax administration in the UK at around 0.41% of gross domestic product compares favourably with the Netherlands and Denmark according to research by KPMG for HM Revenue & Customs, HMRC
...
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17/04/2006 Bibby Financial Services
Business cash flow provider, Bibby Financial Services, has announced the appointment of Jason Fenton as business development manager for Northern Ireland and Richard McGrath as sales manager in Surrey...
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