deVere Group

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deVere Mothballs UK Property Investment Advisory Citing Mortgage Woes

deVere Group, which has US $12bn under advisement, has announced the temporary closure of its UK property investment division as inflation fears suggest the Bank of England will need to hike interest rates more aggressively to combat rising prices. James Green, deVere Group Investment Director, explains: “We are concerned about the availability of credit and,…

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deVere CEO Brands BoE Plans to Axe Mortgage Affordability Requirements as ‘Utter Madness’

Bank of England plans to scrap mortgage affordability rules have been described as “utter madness” by Nigel Green, the CEO of deVere Group, who says the move underscores how the central bank is “failing Britain.” The damning analysis from the head of deVere Group, one of the world’s largest independent advisors of specialist global financial…

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