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Mortgage, loan,property & finance news


Buy-to-let sees rental increase of 1.2%

The perennial festive period has given us two months of declining rentals. However in February average rentals have increased 1.2% to £814pcm. This from a low of £804pcm. The increase is a positive sign for the market. Available rental properties

Greater court protection for homeowners

A consultation by the ministry of justice on whether homeowners who have been unable to meet or service their debt should accrue a minimum level of debt before a court can order the sale of their propery and/or main residence.

High court order secured against Foxtons by OFT

The Office of Fair Trading has secured (OFT) secures the final High Court order against Foxtons. The order prevents it from using certain terms in relation to sales and commissions within its letting agreements with consumer landlords.

Home buying and selling needs more innovation

The Office of Fair Trading (OFT) sees a shake up in how homes are sold. To include a review of legislation and allowing new entrants into the market. All leading to a better deal for sellers and buyers alike.

January house prices rise 2.1%

Land Registry data for January confirms an annual price change of 5.2 per cent. This now takes the average property price in England and Wales to £165,088. Also the second positive reporting in consecutive months.

Ministry of Justice probe Cartel Client Review

BBC Radio 4's Money Box has learned that Cartel Client Review is subject to an investigation by The Ministry of Justice following complaints. Cartel Client Review take an upfront fee of up to £495. They offer to assist consumers by examining their

Sub Prime advertising breaches regulations

The Office of Fair Trading has sought to ensure that Reset Finance Ltd comply with credit advertising regulations by issuing certain requirements against the firm. Reset advertise products such as sub prime credit through lead generation



 
 

 

 

 

 

 

 

 
 

 

 

 

 

 
 

 

 

 

 
 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
 
 
 

 

 

 

 

 

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