UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014, according to the latest information from the Office for National Statistics.
Loans & Lending News
Jerrold Holdings,secured lender to the residential and commercial property sectors, is pleased to announce it has today completed an extension of its private securitisation programme.
Commercial Finance News
Shawbrook Bank’s Commercial Mortgages division has appointed Matthew Woods as Junior Sales Executive on its sales desk.
Inflation fell to its lowest since October 2009 at 1.6% in March, according to the Office for National Statistics.
Debt & Insolvency News
More than one in 20 people paid either their rent or mortgage using some form of credit in February this year.
The Financial Conduct Authority is likely to crack down hard on second charge lending over the next two years after supervision of the sector moves under its jurisdiction in April this year.
The government’s Equitable Life Payment Scheme (ELPS) has now paid out £901 million.
Hope Capital has just appointed Brian Baker as Head of Business Development in a newly created role.
This weekend, NatWest Intermediary Solutions is introducing a new Saturday opening for LiveTALK - its popular broker instant messaging service.
Pensions & Equity Release News
The latest MGM Advantage Annuity Index reveals average annuity rates increased by 0.83% in the first quarter of the year.
Investments & Offshore News
According to independent financial researcher Defaqto, the number of advisers using discretionary management services will increase in the coming years, in line with continued growth in investment outsourcing generally.
Surveying & Conveyancing News
The Chief Surveyor of Sesame Bankhall Valuation Services has said that it is becoming increasingly important for chartered surveyors to protect homebuyers and lenders against the mounting risk of a repeat housing market crash.
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Eddie Goldsmith's Blog
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