Tesco latest player in mortgage market
Tesco has launched a range of mortgages. The supermarket is offering Tesco Clubcard holders points in return for repayments. The range includes two, three and five-year fixed rate mortgages, and a two-year base rate tracker. Rates start at 3.19% (two-year fixed, maximum LTV of 70%) and they are offering mortgages up to a maximum of […]
Connells Group expands
The property group has seen a drastic increase in profits. This is despite significant investment, including increasing staff numbers. The group saw a 27% increase in profits on last year’s results, whilst it increased its headcount 18% from 389 to 460. Adrian Scott, Connells Group mortgage services director, said: “We’ve had a strong start to […]
Nationwide denies conveyancing panel cuts
Following on from Santander’s drastic panel cuts, Nationwide has also been criticised for making increased demands of firms in order to stay part of its conveyancing panel. Unlike Santander, Nationwide have denied the accusations. The building society has said they have not changed their criteria in the last three months. Reports suggested that criteria had […]
A third of lawyers feel careers stifled
Private practice lawyers think lack of opportunity is holding back their careers, according to research conducted by international legal recruitment specialists Laurence Simons. 15 per cent of a survey group of more than 200 lawyers working in private practice feel their pursuit of partnership is being hindered by the reduced number of partners retiring in […]