Consumers can now order their statutory credit report online

Consumers now have instant access to their credit reports after an agreement was struck between the Government and the credit reference industry.

As a result of the new agreement, people can now access their statutory credit report online for a nominal fee of only £2 from all three major UK credit reference agencies: Experian, Equifax, and Callcredit. Previously, statutory credit reports for £2 were only available by post, which could take seven days to arrive.

Majority of owner managed businesses have bad credit rating

There was a time that the trade relationship between supplier and customer was pretty much a private matter.  Not any more. Chances are that if you have a trade account with a supplier they are probably keeping tabs on your credit worthiness, just like your credit card provider does.  30 days credit means exactly that …

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What’s New In Commercial Mortgages

In a week that it was announced that the UK economy has crawled out of recession it is worth taking a moment to think about what opportunities exist for commercial mortgage brokers at the moment. Commercial mortgage brokers have had something of a difficult time over the last couple of years.  Obviously the availability of …

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Property Auctions Go Online and Available to Anyone

Property website Zoopla has launched a live online Property Auction.  This exciting venture is a partnership between Zoopla and Real Estate Disposition Corporation (REDC).  Don’t worry if you have not heard of REDC before, they’ve been in America for years and apparently sold over 30,000 properties in 2008. Zoopla is something of a rising star …

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Property Developer Wins Test Case Against Investors

A property developer has won a High Court case against property investors forcing one to pay £133,000 after they backed out of an agreement to purchase flats “off plan”. The High Court, in Bristol, has ordered the person to pay a whopping £133,282 in damages, costs and interest to Plymouth’s Prestige Homes South West Ltd, …

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