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
Business Lending Group widens lending focus
This week Business Lending Group, the residential development finance lender, announced the widening of their geographic lending focus.
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
Paradigm reports hike in insurance sales in early 2013
Paradigm Mortgage Services, the mortgage services proposition, has reported a significant increase in the amount of general insurance cases it has placed through Select & Protect in the first months of 2013.
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 launches iPad sourcing app for brokers
Technology solutions provider Mortgage Brain has expanded its range of mobile technology solutions with the launch of ‘iSourceMortgages’, the industry’s first iPad pre-sales mortgage app for brokers.
Equity Release & Pensions News
Bridgewater lines up four equity release masterclasses
Bridgewater Equity Release, the home reversion specialists, has today outlined details of its next four Equity Release Advice Masterclass sessions taking place in the second half of 2013.
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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