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The Labour Party is looking to cut ties with the Co-op Bank, the BBC reported today.
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Online searches for deals above 90% LTV jump from 19% to 27% with consumers seeking bigger loans on cheaper properties.
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Halifax estimates close to one in four ISA holders (23%) are unaware of the new ISA limits that will increase their total allowance to £15,000 in July, according to a new survey from Halifax.
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Keystone Buy to Let Mortgages has reduced its fixed rate prices just two months after introducing its Classic and Premier Ranges.
Mortgage News
March sees lowest remortgages since 2005
March has seen the fewest remortgage loans since 2005, as lenders begin hiking rates and tighten up for MMR, says the latest LMS Remortgage Report.
Loans & Lending News
Masthaven establishes new funding line from RBS
Masthaven Secured Loans has announced the establishment of its first bank funding line, having successfully concluded negotiations for a significant new facility through Royal Bank of Scotland.
Commercial Finance News
Buy to Let Club doubles number of brokers in three months
Buy to Let Club is celebrating after almost doubling its number of brokers in just three months.
Economy News
BoE: mortgage lending grows - but businesses are missing out
The Bank of England has today released its Trends in Lending data showing that lending to businesses has remained negative in the three months to February - but mortgage lending continued to grow.
Debt & Insolvency News
Repossessions 44% higher in the North - but divide is closing
The rate of home repossessions was 44% higher in the North than in the South in 2013, according to detailed research released this morning by e.surv chartered surveyors.
Regulation News
FCA appoints two senior advisers
David Saunders and Gunner Burkhart have been appointed as senior advisers at the Financial Conduct Authority.
Insurance News
Exeter Family Friendly pays 92% of claims in 2013
Income protection insurer Exeter Family Friendly paid 92% of all claims presented in 2013.
Business News
Labour looks to cut ties with Co-op Bank
The Labour Party is looking to cut ties with the Co-op Bank, the BBC reported today.
Technology News
NatWest introduces Saturday opening for broker messaging service
This weekend, NatWest Intermediary Solutions is introducing a new Saturday opening for LiveTALK - its popular broker instant messaging service.
Pensions & Equity Release News
Scottish Widows shows commitment to annuity market with new hire
Scottish Widows has underlined its long term commitment to the annuities and retirement market with the appointment of Stuart Paton Evans to a newly created director level role.
Investments & Offshore News
23% unclear on new ISA limits, warns Halifax
Halifax estimates close to one in four ISA holders (23%) are unaware of the new ISA limits that will increase their total allowance to £15,000 in July, according to a new survey from Halifax.Halifax estimates close to one in four ISA holders (23%) ar ...
Surveying & Conveyancing News
Call for surveyors to protect market against another crash
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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"The mortgage market is gaining momentum. First-time buyers are returning to the market in their droves, as an increase in high LTV lending has made mortgages more accessible...."
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