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Chinese investors struggle to hold on to property abroad as soaring rates, weak domestic economy make mortgages unaffordable - Vimarsana News

Chinese investors struggle to hold on to property abroad as soaring rates, weak domestic economy make mortgages unaffordable

Chinese investors who have borrowed from the bank to buy a house abroad are facing a double-whammy as they contend with an economic slowdown at home and surging interest rates across the globe that are hampering their ability to pay for their purchases, according to analysts.

Source: scmp.com
October and November see 10 firms go into default: FSCS - Vimarsana News

October and November see 10 firms go into default: FSCS

The Financial Services Compensation Scheme (FSCS) has detailed 10 firms as going into default between the start of October and the end of November. Of the 10 firms that failed, those that advised on mortgages comprise: Antonor, formerly Priority Impartial Solutions trading as Ridgeway Consultants, in Surrey

IFA with seven claims declared in default by the FSCS - Vimarsana News

IFA with seven claims declared in default by the FSCS

The Financial Services Compensation Scheme (FSCS) has declared Derbyshire-based financial advice firm Hallmark in default.

What buyers of uncompleted properties overseas from Hong Kong should do to protect their interests - Vimarsana News

What buyers of uncompleted properties overseas from Hong Kong should do to protect their interests

Investors should tread carefully and seek professional advice because of the inherent risks associated with buying uncompleted properties overseas.

Source: scmp.com
Pandora Papers allegations: Kiran Mazumdar-Shaw says grossly misrepresented facts - Vimarsana News

Pandora Papers allegations: Kiran Mazumdar-Shaw says grossly misrepresented facts

Kiran Mazumdar Shaw, Biocon Chief has issued a notification to Stock Exchanges in connection with her husband John Shaw's Offshore Trust. Kiran Mazumdar Shaw on Tuesday shared details on social media platform in this regard."Sharing my ...