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Buying cheaper than renting in 94% of towns

posted in category, Market News on Thursday, December 15, 2011
Buying property is now more cost-effective than it has ever been compared to renting, proving cheaper in 47 out of 50 British towns, compared to 40 out of 50 this time last year, according to research. A study by Zoopla.co.uk showed that renting is 15% more…

Which? slams 8.8% commission bank advisers

posted in category, Market News on Wednesday, November 16, 2011
Which? has slammed bank and building society advisers after 32 out of 37 gave poor investment advice to its mystery shoppers. The consumer group has urged investors to see an IFA for financial advice. Researchers carried out the mystery shopping exercise between August and October. They…

Seymours ‘top rated estate agency in Guildford’

posted in category, Market News on Tuesday, June 28, 2011
Seymours Estate Agents in the Guildford area are leading the field in sales this year according to an independent survey. In the four months to April 8 the offices in Guildford, Burpham and Worplesdon sold a total of 80 properties and took 20% of the market.…

High Court backs FSA and FOS over PPI

posted in category, Market News on Wednesday, April 20, 2011
The British Bankers’ Association has lost a judicial review against the FSA and the Financial Ombudsman Service over measures to offer consumers protection in relation to sales of payment protection insurance. The banks have 21 days to consider whether to appeal the judgement. The BBA launched…

Bradford & Bingley and Northern Rock return to profit

posted in category, Market News on Thursday, March 31, 2011
UK Asset Resolution, the government owned company that runs Northern Rock Asset Management and Bradford & Bingley has revealed that both companies returned to profit in 2010. Northern Rock Asset management, the so-called bad part of Northern Rock made an underlying profit before tax of £277.4m,…

Halifax Standard Variable rate Announcement

posted in category, Market News on Monday, February 21, 2011
Please note the following announcement that has been made on the Halifax website - we have no further information at this stage: - You may be aware that we are writing to some of our Halifax mortgage customers. These are customers who were sent a mortgage…

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