Insurance News Archive
- 30 May 2007
Interest Rates Pushing Landlords To Sell Up
A Royal Institution of Chartered Surveyors (Rics) survey shows that during the second quarter of 2007, more than five per cent of landlords chose not to hold onto their property when a tenant's lease expired. - 29 May 2007
Hips To Receive Killer Blow?
According to the Sunday Telegraph, this would involve a dramatic cull of documents that will be included in the packs. - 25 May 2007
Commercial Property Lending At Record Levels
A report by De Montfort Univeristy in Leicester brought together information from 60 banks to find that lending on commercial property grew to £85.7 billion - up from £64 billion in 2005. - 24 May 2007
Ruth Kelly's Job On The Line Over Hips?
Her announcement of the delay of Hips implementation in the Commons on Tuesday was jeered by MPs and some said her decision to drop home condition reports last year had irreparably harmed the policy. - 22 May 2007
Base Rate Increase Hint From BoE
In the quarterly inflation report, the governor of the Bank of England (BoE), Mervyn King, confirmed that a further quarter point rise is likely before the end of the year to reduce inflation. - 22 May 2007
Hips Delayed Until August
The packs will now be introduced in phases, starting with four bedroom houses, as the scheme gears up to full implementation. - 21 May 2007
Hips Lead To "confusing" Property Market
Rightmove figures reveal a 0.4 per cent increase in house prices during May, taking the average property asking price to £237,361. - 18 May 2007
Manchester An Alternative To London For Commercial Property?
Alan Burns, of leading north-west firm JMW Solicitors, said that the market in the city was "extremely busy" and, although it cannot compare with London, "there are always new developments coming along so I'm sure there will be growth". - 17 May 2007
New Product 'cuts Commercial Insurance Costs By 40%'
Synergy Microcaptive Insurance has launched what it calls "the biggest innovation in commercial insurance for several years", for use by businesses spending as little as £50,000 annually on insurance. - 16 May 2007
Homeworkers Need Adequate Home Insurance
According to Cornhill Direct, 69 per cent of office workers would swap working in the office for working from home, though it warns that the switch is not as easy as simply setting up a desk and a dedicated phone line. - 15 May 2007
Flood Guide For Industry Launched
As global warming becomes a more pressing issue, with experts predicting flooding on unprecedented scales, precautions need to be taken to keep buildings safe and operational and reduce financial loss. - 14 May 2007
VAT Take To Be Boosted By Hips
With the price for a pack ranging between £300 and £1,000, homeowners could be paying as much as £175 in VAT.
