Blog
30th December 2014
A review of the buy-to-let industry has been conducted with positive results for Peer-to-Peer. The Wrigglesworth Consultancy has found that "population growth combined with a weak home building response mean the phenomenon of buy-to-let would survive a new recession",...
Read More
Mark Carney Determined to ‘Deliver an Interest Rate Hike’
23rd December 2014
Despite initially refusing, the Bank of England have said that the “next move in policy is going to be an increase” to the Bank Rate. BoE Governor Mark Carney, spoke in front of MPs on the Treasury Select Committee late...
Read More
Will You Be Charged For Using New Pension Freedoms?
19th December 2014
It has been revealed by The Telegraph that "savers who take advantage of new flexible pensions next year face losing more than a quarter of their money to charges". There has been a lot of coverage of...
Read More
Will There Be a Santa Rally This Year? Stock Market Slumps During December
16th December 2014
The Santa rally - a traditional peak in the stock market in December - might not be on the cards this year, as the market opened on Monday at its lowest level this year. The Santa rally has been...
Read More
Interest Rates
9th December 2014
It was announced last week that The Bank of England will maintain the Bank Rate at 0.5%. This bank rate has been at the historic low since March 2009 and Mark Carney, the Bank of England Governor has said that...
Read More
Will You Use New Pensions Rules to Pay Off Your Mortgage?
After it was announced by the Government in March that over-55s would be able to draw their pensions as a lump sum without purchasing an annuity, many are weighing up their options. A recent survey conducted by Fidelity Worldwide Investment...
Read More
Wellesley & Co. have moved!
4th December 2014
Due to our recent impressive expansion, we have naturally outgrown our Baker Street offices and have moved to plush new premises in Haymarket. The new offices cater for Wellesley’s increased staff levels, recently the company has expanded their Loan...
Read More
George Osborne Announces £900m Boost for Small Business Funding and Lending
The Chancellor’s Autumn Statement, which was officially announced today, covered stamp duty reform, an extra £2bn in funding for the NHS and, crucially for the alternative finance sector, £900m in extra funding for lending schemes that fund small businesses. The...
Read More
Pensions Minister Insists Mortgage Providers Stop Penalising Pension Savers
2nd December 2014
Pensions Minister Steve Webb has contacted various mortgage providers about their stance on lending to those saving towards a pension, as he is "deeply concerned" by the fact that many have stopped paying into various schemes in order to qualify...
Read More