Housing market
The Financial Conduct Authority (FCA) has begun tracking intermediaries' and lenders' progress towards implementing new rules following the Mortgage Market Review (MMR).
House prices have risen by an average of £6,726 in the past year thanks to a ‘significantly improved’ mortgage market.
Average property prices in the UK saw an annual increase of 2% to April 2013, according to the Halifax House Price Index
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Phil Whitehouse, head of The Mortgage Alliance (TMA), examines what action brokers can take to make sure they don't lose out in a dual-pricing environment.
There is further bad news for interest-only borrowers, with Nationwide and Halifax the latest lenders to cut their maximum LTVs to 75%.
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New look Professional Adviser
The magazine is heavily focused on our Better Business section, which supports advisers in the run-up to RDR and beyond, and Investment.
Advisers can claim unstructured CPD for reading the magazine and we have also started a new series of articles providing structured CPD points.
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Nicolas Trindade, Fund Manager of the AXA Sterling Credit Short Duration Bond Fund discusses his investment approach and how the Fund aims to provide investors protection against downside risk.
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