Licence may be revoked from Bridging Loan Lender
Published March 13, 2012The Office of Fair Trading has announced that it intends to revoke the licence of high profile bridging loan lender Bridging Loans Limited and 4 of its associated companies.
The firm who are based in Glasgow and currently lend on… Continue reading
The New Year saw property sales drop but still an improvement say HMRC
Published March 13, 2012The current incentive of the 1% lowered stamp duty rate for first-time buyers, on properties being purchased for between £125,000 and £250,000, is being reintroduced on 24 March 2012. The feeling amongst those in the industry is that the end… Continue reading
Development finance news
Published March 13, 2012In the current financial climate there are great opportunities for diverse individuals within the current development market. High street lenders now avoiding this type of finance left a void in the market for this type of finance which seems to… Continue reading
Increased earnings reported for GE in 2011
Published March 13, 2012Figures have been released for GE for 2011. Its figures show an increased earning for last year including an increase in net earnings for GE Capital and an increase in revenues at GE Capital Aviation Services (GECAS).
The letter written… Continue reading
Will repossession continue to rise in 2012?
Published March 13, 2012The Council of Mortgage Lenders is warning of the likeliness of an increase in the number of repossessions that will take place this year. This comes with the added worry of higher unemployment which is likely to result in a… Continue reading
