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
CrowdProperty today announced its launch with a target of £20million funds to be raised from private individuals in its first financial year.
Commercial Finance News
Metro Bank has announced that it is putting aside £100m of facilities lending for members of the National Association of Commercial Finance Brokers.
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.
Tenet has today been granted full permission for consumer credit services by the FCA.
An urgent review of life insurance policies is being called for after the figures from HM Revenue & Customs revealed bereaved families are being hit with unnecessary Inheritance Tax bills totalling up to £216 million.
OneSavingsBank has reported a £29.7m pre-tax profit for the first half of 2014, more than four times higher than the previous year’s £7.3m.
TFC Homeloans has revealed a new brand identity across its website and communications.
Pensions & Equity Release News
The Later Life Academy, the commercial and training organisation for later life advisers, has announced the appointment of Ray McCarthy as its new National Development Manager.
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
Property search agent The Buying Agents has claimed that as many as 40% of properties are currently failing to make it through to the point of completion as a result of significant issues with the existing conveyancing process.
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Eddie Goldsmith's Blog
"We British have an obsession with all things property...."
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