Interest only mortgages – have you reviewed yours?
You may have read recent news articles regarding interest only mortgages as there is growing concern about whether people will be able to repay their mortgages in the future. In fact, the Financial Services Authority (FSA) identified that up to three quarters of people in the UK have no reported method for repaying their mortgage which could mean that when their loan needs to be repaid, many will be forced to sell their home which will be subject to market conditions at the time. Following these findings, the FSA has instigated more stringent lending rules and many lenders have taken the...
Read MoreJanuary Newsletter
Hello from everyone at LR Finance! As we are sure you have seen, we have now moved to our new premises and we are settling in well – we love it here!!! It has been great to see so many of you already and we look forward to welcoming you all in the near future. Thanks to those of you who have already visited us for the very positive feedback you have given about our new home along with the continued praise we receive from our client feedback forms about the quality of advice we offer and the service we provide. There have been a number of changes over the last 6 months as well as the...
Read MoreRDR is here!!!
The financial services industry is changing What is RDR? Retail Distribution Review? This is the biggest overhaul of financial regulation since 1986. It has led to new FSA rules and regulations which come into force on the 1st of January 2013 which will affect the way that financial advice is provided to you. Although there has always been a minimum qualification standard to provide financial advice this has been increased under RDR. From the 1st of January 2013 advisers who wish to continue providing advice have had to add to their qualifications . Elanor Hill of LR Finance is already...
Read MoreCharity Ball Gallery 2012
LR Finance Charity Ball 2012 – Photo Gallery We raised over £3000 for Charity on a very succesful evening.
Read MoreThank You!
We would like to thank all the sponsors and guests who supported our charity evening on the 27th of April we had a fabulous evening and raised over £3,000!!!!! for Cancer Research UK exceeding our expectations by far.
Read MoreCounting down… 2 days to go!
We are all really exited about the Charity Ball on Friday! There are still a couple of places left so get in touch if you would like to join us… Vicky.
Read More
Latest…
- UK finance sector sees lowest risk of turmoil since 2008 June 18, 2013
- Inflation rebounds more than expected June 18, 2013
- Spendthrift elite signals equity slide, behavioural experts warn June 18, 2013
- Barriers to homeownership dividing Britain, youth say June 17, 2013
- Britons' net incomes fall to lowest since 2001-02 June 14, 2013
- Oil tycoon's ex-wife wins landmark divorce ruling June 13, 2013
- UK job market perks up in latest sign of recovery June 12, 2013
- Britain's recovery strengthens, house prices rise June 11, 2013
- Lloyds admits flaws in PPI complaints handling June 11, 2013
- Government readies banks for return to private ownership June 10, 2013
- New London finance jobs rose 20 percent in May June 10, 2013
- Depositors to be shielded in any EU bank restructuring June 7, 2013
- Inflation expectations hold steady at 3.6 percent in May June 7, 2013
- Bank of England holds policy steady as King heads for exit June 6, 2013
- Rich Europeans urged to free up cash holdings June 6, 2013