Reaction to possible interest rates cut
SmartNewHomes and Assertz give very different reactions to calls for a 0.25% reduction in interest rates. The Monetary Policy Commision (MPC) is due to announce tomorrow whether interest rates will be altered. The MPC, chaired by Bank governor Sir Mervyn King, last month considered cutting rates below current levels in a drastic move. They have […]
Consultation opens on solicitors working with financial advisors
The Solicitors Regulation Authority (SRA) consultation, regarding the rules governing how solicitors work with financial advisers, will be open until 10 September. Views are sought from all interested parties on three options the SRA has drawn up to deal with changes to Financial Services Authority (FSA) regulations and the SRA’s own new outcomes-focused regime. FSA […]
Santander panel cuts saga continues
Santander has commented on its decision to cut several hundred firms from its conveyancing panel, whilst industry backlash continues. Firms right across the country are angry at the news they have been removed from the panel with many threatening to challenge the decision. For local firms such as A P Bassett Solicitors, the only law […]
