Internal staff fraud on the increase
The CIFAS Staff Fraud Database has revealed a significant increase in the level of fraud committed by employees during 2012. A 43% increase was seen across all types of staff fraud in 2012 compared to 2011. Fraudulent attempts to obtain employment were a particular problem, with a doubling in this type of fraud in 2012. […]
Mortgage lending on the increase
The latest figures from the Bank of England show December marked the fifth consecutive increase in lending with 55,785 mortgages approved. The average for the previous six months was 50,058. This was the highest number of approvals since January 2012, possibly showing that the government’s Funding for Lending scheme might be starting to have an […]
Equity release continues to rise
For the second consecutive year the equity release market expansion continued, with the average customer taking out an equity release plan in 2012 releasing £52,268, an increase of 7% on 2011’s £49,000. According to analysis from leading independent equity release adviser Key Retirement Solutions, the total funds released across the market increased 15% to £961.41 […]
Numbers up for search supermarket ETSOS
Conveyancing search supermarket ETSOS is celebrating its third birthday with a triple whammy that underscores its continued success in what remains a tough market. It reports that it now has 10% of the top 100 conveyancing firms, and 20% of the top 200, with those share figures helping to propel ETSOS to 43% annual growth […]