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The National Consumer Tribunal cancels the registration of Eagle Cash Loans
Monday, 27 February 2017
The National Consumer Tribunal (NCT) handed down a judgement imposing an administrative fine of R250 000.00 and cancelling the registration of Eagle Cash Loans, a credit provider operating at 22 Abegglen Street, Strand, Western Cape.
New division launched by growing Leeds-based finance recruiter
Thursday, 23 February 2017
Woodrow Mercer Finance, a joint venture between FDYL, the Yorkshire-based financial consultancy and recruitment expert, and Birmingham-based Woodrow Mercer, has announced the launch of a new division specialising in the recruitment of entry level and part qualified finance staff nationally.
Students struggling under debt-stress while at university
Wednesday, 22 February 2017
It’s no secret that students get into debt whilst at university, but new research has found an overwhelming majority are feeling the stress created by their financial situation. 
Vida Homeloans added to Paradigm lender panel
Wednesday, 22 February 2017
Paradigm Mortgage Services, the mortgage services proposition, has today (22nd February 2017) added Vida Homeloans to its lender panel. 
THE MONEY STATS - Record low returns for savers in December
Wednesday, 22 February 2017
The Money Stats are out today and find that savers are getting worse returns on what they put away than ever before. With price rises in the shops, what you’re saving will buy you less in a year than today, even with interest payments. 
CPS announces new appointments
Wednesday, 22 February 2017
Lord Saatchi, Chairman of the Centre for Policy Studies, is delighted to announce several new appointments and promotions within the staff and board. 
February Money Statistics from The Money Charity
Wednesday, 22 February 2017
Striking numbers 
Vida Homeloans reduces rates and fees on Buy-to-Let offering
Wednesday, 22 February 2017
Vida Homeloans, the specialist mortgage lender for intermediaries, has today announced a fresh wave of updates to its Buy-to-Let range. Vida has reduced its Buy-to-Let product fees by £500 on all loans below £250K (now at £1,495), and by 0.25% on larger loans (now just 1.25%). This represents a fee saving of £1,250 on a £500k loan or £2,500 on a portfolio of £1m. 
Launch date of the Standard Financial Statement confirmed
Tuesday, 21 February 2017
The Money Advice Service has announced that the Standard Financial Statement (SFS) begins operation on 1 March 2017 and thanked the many advice agencies, creditors, trade bodies and others involved in its development, including the MALG members who were part of the governance group.
Government plans succeed: the number of company owned homes is falling
Monday, 20 February 2017
Recently published Government statistics for the Annual Tax for Enveloped Dwellings (ATED) have demonstrated the success of the policy since its implementation in 2013. Introduced by George Osborne, the stated aim was to discourage owner occupiers from making significant Stamp Duty savings by buying residential property in corporate wrappers (otherwise known as Non-Natural Persons or NNPs). It was also a way to encourage people to invest in their ‘own names’ rather than using the anonymity of a company structure.    
The Right Mortgage Network Targets Later Life Lending with specialist Workshop and accreditation
Monday, 20 February 2017
According to the Office for National Statistics, the number of people aged 75 and over is projected to rise by 89.3%, to 9.9 million, by mid-2039, yet, worryingly, the current range of mortgages on offer do not meet the needs of over-55s. With many clients too young for equity release and high-street lenders often saying no to lending into retirement, the needs of the older consumer are not being met within the mortgage industry.
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