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This week’s stories:

Former director of failed buy to let group sells £25m mansion

Tuesday 15th December 2009
According to reports from the Times newspaper, London ’s biggest riverside private property has just gone on the market, with a staggering £25 million price tag. Selling the 300 year...

This week’s stories:

 

Most competitive mortgage lender named

Thursday 7th January 2010
Competition returned to the mortgage market in the final quarter of 2009, according to research from Evaluate Technologies, which revealed a breakdown of the most competitive mortgage lenders.  In first...

 

Cattles investors call for company to close

Wednesday 6th January 2010

In the latest twist in the tale of troubled doorstep lender Cattles, shareholders have demanded that the company is wound up. A shareholder action group now has...

 

Six appear in court over alleged commercial mortgage fraud

Thursday 7th January 2010
Six people have appeared at Southwark Crown Court, in London , having been accused of being involved in a £50 million commercial mortgage fraud. Londoners Simon Lawrence, a former partner...

 

Record number of solicitors at risk of insolvency in 2010

Wednesday 6th January 2010

Most solicitors firms will be accustomed to dealing with insolvency; however an increasing number may be seeing it from the other side in the upcoming year,...

 

SFO makes 6 arrests in £12m commercial fraud
Tuesday 8th December 2009
The warnings that commercial fraud and advance fee fraud are on the rise have been repeated numerous times throughout the year, and now it looks like…

 

Report finds mortgage lenders flouting new repossession rules
Wednesday 16th December 2009
Mortgage lenders have been criticised by debt charities after a report revealed that they are still neglecting to help vulnerable homeowners avoid repossession. The report called…

 

OFT review reveals consumers living off high-cost credit
Wednesday 9th December 2009
The Office of Fair Trading (OFT) has announced that it has begun to publish evidence from its high-cost credit review. The summary of the review includes the…

This week’s stories:

 

OFT warns of anti-money laundering registration deadline
Thursday 21st January 2010
The Office of Fair Trading has warned estate agents and certain consumer credit lenders that they must register under anti-money laundering regulations before 31 January 2010

 

Free Credit File search to avoid financial problems
Wednesday 20th January 2010
The Information Commissioner’s Office (ICO) has recently urged consumers to ensure that their credit reference file or credit report is accurate and up-to-date. Whilst millions of

 

Lettings group: Buy to let regulation will filter out unscrupulous advisers
Tuesday 19th January 2010
Stating its predictions for the upcoming year, LSL Property Services, which owns the UK ’s largest lettings agent network, has said that the proposed introduction of buy

 

Britons to borrow £82 million from loan sharks in 2010
Wednesday 20th January 2010
New reports have revealed that borrowing money from illegal loan sharks will load more than 100,000 families with a combined debt of £82 million to pay

 

 

Banks take control of estate agent in emergency refinancing move
Tuesday 12th January 2010
Banks have taken over the well-known London estate agent, Foxtons, in an emergency move to reduce its debts.  The estate agent, which has debts of around £300

 

1m Britons admit to using credit cards to pay their mortgage
Wednesday 13th January 2010
The worrying trend of Britons using credit to meet their monthly mortgage and rental payments looks to be continuing, according to a new survey.  Recent results from

 

Reported fraud to treble to £5bn over next two years
Tuesday 12th January 2010
The latest Fraudtrack survey from business advisers and accountants BDO has revealed that the amount of money lost by businesses and the public sector to fraud

 

Report: What the IVA protocol review means for your business
Wednesday 13th January 2010
At the end of last year the IVA Standing Committee issued its review of the IVA Protocol. Its objective was to establish the impact of the

 








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