FROM OTHER NEWS SITES
DAILY TELEGRAPH Bank of England poised to restart QE stimulus - Thu, 09 Feb 2012 07:46:20 GMT
Bank of England poised to restart QE stimulus - Thu, 09 Feb 2012 07:57:41 GMT
FINANCIAL TIMES US banks near $40bn housing deal - Thu, 09 Feb 2012 07:43:06 GMT
US banks near $40bn housing deal - Thu, 09 Feb 2012 02:18:08 GMT
BBC NEWS BBC News - Business - Thu, 09 Feb 2012 07:46:31 GMT
BBC News - Business - Thu, 09 Feb 2012 07:22:06 GMT
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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
AHIPP says self regulation is working
The Association of Home Information Pack Providers observed that the cancellation of registration of search and HIP provider Consearch Ltd proves that both the Search Code and the HIP Code should be taken seriously both by subscribers and those in industry involved in buying and selling homes.
The Codes were put in place to protect consumers, conveyancers and estate agents sourcing and using HIPs which are of course unregulated by Government. Meaningful self regulation means compliance is not optional and today's news shows that to be the case with the HIP Code.
Mike Ockenden said "Whilst it is not good news that a firm has had their registration cancelled, it is a clear demonstration that the codes and the PCCB have teeth. This should emphasise again the value of only using code subscribers to source HIPs, in particular to protect consumers and estate agents. Those that don't are taking a real risk."
- US cuts interest rates by half per cent
- Darling gives MPC more scope to cut interest rates
- A&L cuts fixed rate mortgages
- Nationwide launches three year partnership with Citizens Advice
- Avoid the interest only trap
- Possessions stats sensationalised says IMLA
- House prices fall for twelfth month in a row
- Directors will have to disclose risk
- FSA fines firm and money laundering reporting officer
- Paradigm offers Cater Allen structured product to members
- Sesame offers 'The Key' for free to DRs
- Financial adviser survey reveals limitations of tradition MPPI