Another set of excellent results says MAB

Mortgage Advice Bureau today  announced their interim results for the six months ended 30 June 2017. Revenue up 15% to £49.6m  with gross profit up 20% to £12.0m. Market share was up 10% to 4.4% with gross mortgage lending up 9% to £5.2bn. Peter Brodnicki, Chief Executive commented:  “I am delighted to report another set…

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Purplebricks first day of dealing.

The first day of dealings yesterday of Purplebricks the first online estate agency to float on the junior AIM market proved somewhat disappointing. The flotation price was at £1, the end of day price was 93p, a disappointing 7% drop on the day. Major shareholders include top fund manager Neil Woodford, Paul Pindar, former chief…

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London Property Sales

It would appear that first-time buyers are almost level with investors in the Prime London property market, according to a report from estate agent Marsh & Parsons’ latest London Property Monitor. According to reports almost one in three of Prime London properties were purchased by investors in the first three months of this year, that…

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