Because most ethical investments seek to avoid the oil and gas business, ethical investors have been untouched by the great black slick of misfortune that has befallen BP, since the Deepwater Horizon rig exploded on to the front pages on 20th April. Read More
Ethical funds investments may be boosted this week, with the news that renewable energies are now contributing over 10% of all energy consumption in Europe. The world’s first ethical fund was the PAX fund, set up in 1971 to enable investors to avoid all companies benefiting from the Vietnam War. Today, there are 81 UK-based ethical funds.
The stamp duty break for houses under £250,000 is now ‘under review’ by government, following the June 2010 budget report.
Government plans to restrict mortgage lending, following the budget changes on 22nd June, could make first time buyer mortgages more difficult to obtain. Click headline to read more.
First time buyer mortgages were a smaller part of overall mortgage sales in April, says the Council of Mortgage Lenders (CML), indicating that first time buyer mortgage deals remain hard to obtain.
One of the world’s largest ethical investment funds has rejected claims by analysts that its stance as an ethical fund may have compromised its search for long-term capital growth. Ethical fund investments are now accessible for all investors – click on this headline to learn more.
Seekers of first time buyer mortgages, deflated as average house prices reach £169,162, are waiting to see what the June 22nd Budget will bring.
Applicants for first time buyer mortgages should have to take a course of study and pass an exam before their application is considered, according to the chairman of a leading UK consumer help service.
Is it acceptable to include major oil and energy companies such as BP in a ‘sustainable’ fund?
With the latest oil company catastrophe of BP’s Deepwater Horizon rig explosion, America’s southern states are now facing an economic and environmental disaster. With the scale of environmental devastation and economic loss of these local communities, it is very difficult to justify such a company’s inclusion in any fund categorized as an Ethical/ Sustainable Investment Fund.
A quarter of first time buyers have little idea of the cost of extras, on top of their first time buyer mortgage, when buying a home. Conveyancing alone can cost £1,000, and total extras could cost over £4,000.
