The average asking price has reached over quarter of a million for the first time, Rightmove has reported in its House Price Index for June - reaching £252,798 in June.
Loans & Lending News
Evidence from intermediary secured loan specialist, Smart Money Loans’ demonstrates that the secured loan route offers a greater chance of success for clients looking to raise capital than a remortgage.
Commercial Finance News
Specialist lending packager and distributor, Positive Lending, has structured a strategic relationship with Julian Harris Network for distribution of commercial loans and development loans.
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
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.
The OFT has today suspended, with immediate effect, the consumer credit licence of Staffordshire-based Donegal Finance Limited - trading as Donegal Finance, Donegal Investigations and Donegal Recovery.
Source Insurance will shortly be celebrating 20 years in the General Insurance industry and to mark the occasion, this week launched a GI book purchase programme for existing Source agents.
The Co-operative Bank has reached agreement with the Prudential Regulation Authority to plug a £1.5bn capital hole in its balance sheet.
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
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
Two and three bedroom properties see the greatest increase in average monthly rent
Surveying & Conveyancing News
Broker-focused conveyancer Blacks Connect and leading packager Complete Financial Services have joined together in a strategic partnership to give Complete’s broker partners access to Blacks’ high quality legal services.
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