Mortgage News
Yorkshire BS respond to demand for longer term mortgages
Yorkshire Building Society is maintaining its reputation for offering competitive mortgages with the announcement that it will make price reductions to its longer term products.
Loans & Lending News
Omni Capital goes beyond bridging with 3-year term product
Specialist lender Omni Capital has launched a 3-year term product aimed at domestic and globally-mobile high net-worth clients serviced by brokers, IFAs and wealth managers.
Commercial Finance News
Complete FS boosts commercial panel with InterBay
Complete FS, the intermediary specialist distributor, has announced the appointment of InterBay Commercial to its panel of lenders as one of the lender's Key Partners.
Economy News
Prisk announces plans for 38,000 new homes
Housing Minister Mark Prisk has today announced 14 major sites have been earmarked for government investment, so they can start building up to 38,000 new homes.
Debt & Insolvency News
Loan books unwind - but property debt increasingly polarised
Debt held against UK commercial property stood at £197.9bn at the end of 2012, a year-on-year fall of 7.7 per cent, but also revealed continued falls in the value of the worst performing assets.
Regulation News
Former UBS and Citigroup trader charged in LIBOR investigation
Tom Hayes, a former trader at UBS and Citigroup, has today been charged with offences of conspiracy to defraud in connection with the investigation by the Serious Fraud Office into the manipulation of LIBOR.
Insurance News
Pink to run protection master-classes for ARs
Pink today starts two weeks of protection master-classes for its ARs.
Business News
BoE appoints Santander retail distribution head as COO
The Bank of England has appointed Charlotte Hogg as its Chief Operating Officer. Charlotte is currently Head of Retail Distribution and Intermediaries at Santander UK. She will take up her role at the Bank on 1 July.
Technology News
Mortgage Brain app hits over 55,000 downloads
UKMortgages, Mortgage Brain’s mobile app, which promotes brokers and mortgage products to consumers, is topping the charts as the most comprehensive and widely used mortgage search application.
Equity Release & Pensions News
1 in 5 retirement savers are unhappy with their savings
Nearly one in five retirement savers are unhappy with their pension savings or fear they have wasted money by saving for retirement, new research by MetLife shows.
Investments & Offshore News
Rental yields decrease as house prices grow faster than rents
Two and three bedroom properties see the greatest increase in average monthly rent
Surveying & Conveyancing News
BSA sees uplift in confidence but warns of house price bubble
One in five first time buyers (20%) say that Government schemes like Help to Buy will help them get onto the property ladder.
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