Brokers demand action on Japanese Knotweed

Brokers have reported an increase in cases held up by Japanese Knotweed since the Royal Institute of Chartered Surveyors issued guidelines on it last year.

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Their concerns come as a property care specialist urged lenders to shed their nerves about lending on properties with the weed (pictured).

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How forward guidance could boost the mortgage market

If the mortgage world has a pin-up, it’s Mark Carney. On Wednesday, the new Bank of England governor announced forward guidance suggesting that the central bank’s 0.5% base rate was unlikely to rise for at least three years.

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Interest-only mortgages – a plan is a plan is a plan, right?

The FCA’s research reveals that the vast majority of interest-only borrowers understand the product they have, know they have to repay the principal at the end of the loan and say they have a plan for doing so.

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End of problem? Well sadly, no - or at least, not for a significant minority.

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