New CML data on the characteristics of lending in Wales in Q2 2014 show it remains driven primarily by lending for house purchase, with first-time buyers in particular showing strong year-on-year growth.
Loans & Lending News
According to the Loans Warehouse Secured Loans Index, July saw a post credit-crunch high in secured lending volumes.
Commercial Finance News
The Association of Short Term Lenders’ today releases its latest quarterly figures on the size of the bridging market.
Latest statistics show house building in England is up by over a fifth compared to last year.
Debt & Insolvency News
Protection specialist British Money warns that lenders who in the future offer credit without providing a suitable mechanism to ensure continuity of payments will not be able to force borrowers to repay their loans.
Banking giant Deutsche Bank has been fined £4.7m by the FCA for failing to property report transactions.
Only a quarter (24%) of adults in the UK with children under 16 have any form of financial protection, a significant drop from 31% in 2013, according to the latest research from the Scottish Widows Protection Report.
The Bank of England has today published data on the use of the Funding for Lending Scheme showing that lending via the scheme has fallen in Q2.
Engaged CRM has announced its latest addition, a cloud-based CRM platform allowing users to search and source secured loan products from lenders whilst maintaining and tracking the entire application process.
Pensions & Equity Release News
Equity release adviser firm Bower Retirement Services is looking to significantly expand its face to face adviser team and support staff, with the key objective of doubling its number of advisers over the next twelve months.
Investments & Offshore News
Skipton Building Society will today launch a new range of fixed rate ISAs and bonds which include rate rises on short term savings.
Surveying & Conveyancing News
Total Conveyancing Services welcomed a delegation of 23 law students and their professor from CNOOC (China National Offshore Oil Corporation), one of China’s largest companies, to its offices on Tuesday this week.
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Eddie Goldsmith's Blog
"We British have an obsession with all things property...."
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