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
The UK’s leading secured loan broker, Fluent Money, has strengthened its senior team with the promotion of Nuala Wheeldon to Quality & Risk director.
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.
Banking giant Deutsche Bank has been fined £4.7m by the FCA for failing to property report transactions.
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.
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.
Target bluechip, the loan and mortgage broker software provider, has won a contract to supply its broker management system to Chaseblue Loans, specialist broker packagers of second charge, bridging and commercial finance.
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...."
recent blog posts
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