Latest News

Repossessions continue to fall in November

Mortgages

Repossessions continue to fall in November

The November data from Land Registry's House Price Index shows an annual price increase of 3.2% which takes the average property value in England and Wales to £165,411.

31 Dec 2013

Leeds cuts rates by up to 0.34%

Mortgages

Leeds cuts rates by up to 0.34%

Leeds Building Society has cut the rates on its ‘Welcome Mortgage’ range by up to 0.34%.

31 Dec 2013

Mortgages see lowest rates in three years

Mortgages

Mortgages see lowest rates in three years

First-time buyers numbers have risen 28% year-on-year in November, according to the latest First Time Buyer Tracker survey from LSL Property Services.

31 Dec 2013

A quarter of retirees now rent their homes

Mortgages

A quarter of retirees now rent their homes

One in every four (26 per cent) retired households across England and Wales is currently renting their home, according to new analysis of ONS census data by Prudential.

30 Dec 2013

What goes around comes around - BTL is set to grow in 2014

Blogs

What goes around comes around - BTL is set to grow in 2014

They say what goes around comes around, and this is true in the finance sector.

30 Dec 2013

Turkey on an upward trajectory

Blogs

Turkey on an upward trajectory

France and Spain may dominate the headlines when it comes to overseas property investment, but the one to watch in 2014 may well be Turkey.

30 Dec 2013

Tesco Bank cuts rates on personal loans

Tesco Bank cuts rates on personal loans

Tesco Bank is welcoming the New Year by cutting the rate on personal loans between £7,500 and £15,000, and by extending the 0% balance transfer offer on the Clubcard Credit Card to 29 months.

30 Dec 2013

Help to Buy Wales to go live in New Year

Mortgages

Help to Buy Wales to go live in New Year

The Welsh Government’s new Help to Buy Wales scheme, which goes live on 2nd January, will enable thousands of first-time buyers to buy a brand new home in Wales with a 5% deposit.

30 Dec 2013

Half of adults plan to use state pension to fund retirement leisure activities

Retirement

Half of adults plan to use state pension to fund retirement leisure activities

Around half of UK adults surveyed admit they use or plan to use the basic state pension to fund post-retirement leisure activities.

30 Dec 2013

Kensington & Chelsea remains most expensive place to live

Mortgages

Kensington & Chelsea remains most expensive place to live

The most expensive residential streets in England and Wales remain in the Royal Borough of Kensington and Chelsea, according to latest research from Lloyds Bank.

30 Dec 2013

 

Student boom creates BTL opportunities

Student boom creates BTL opportunities

A rise in the number of post-graduates in the UK, as well as a lack of post-grad accommodation having been built in the past, is creating lucrative opportunities for buy-to-let investors, says Assetz.

30 Dec 2013

Housebuilding sees significant improvement on 2012

Mortgages

Housebuilding sees significant improvement on 2012

The number of new homes being registered in the UK has continued to show significant improvement on 2012 figures with a 30% increase for the rolling quarter September to November compared to the same period last year.

27 Dec 2013

Women anticipate 24% lower income in retirement

Retirement

Women anticipate 24% lower income in retirement

Research by pension provider Friends Life has found that women’s expectations of their financial wellbeing in retirement fall significantly short of what they think they will need to provide a comfortable retirement.

27 Dec 2013

P2P expert predicts range of interest rates will reduce in 2014

P2P expert predicts range of interest rates will reduce in 2014

As the peer-to-peer lending market matures in 2014, the range of interest rates on P2P loans will reduce, according to Stuart Law, CEO of P2P lending platform Assetz Capital.

24 Dec 2013

Housing transactions up 24%: HMRC

Mortgages

Housing transactions up 24%: HMRC

The number of homes being sold in the UK has risen by 24% over the last year, according to the latest data from HMRC.

24 Dec 2013

Leeds launches 5-year fixed rate bond

Savings & Investments

Leeds launches 5-year fixed rate bond

Leeds Building Society has unveiled a 5-Year Fixed Rate Bond at 3.00% gross p.a./ AER, which allows penalty free access of up to 25%.

23 Dec 2013

Clydesdale & Yorkshire Banks launch new mortgage range

Mortgages

Clydesdale & Yorkshire Banks launch new mortgage range

Mortgage hunters have been given a boost today with the launch of a new range of mortgages from Clydesdale and Yorkshire Banks.

23 Dec 2013

BTL mortgage applications up 41% annually

Mortgages

BTL mortgage applications up 41% annually

According to the latest National and London Lettings Index, the rental market across the UK is outperforming London.

23 Dec 2013

Remortgagers release record amounts of cash in November

Mortgages

Remortgagers release record amounts of cash in November

November remortgage lending rose to £4.22bn, up 0.4% on October’s £4.20bn. November’s figure is also 24.1% higher than this time last year, according to the LMS Remortgage Report.

23 Dec 2013

Matt Cottle, Commercial Director, Y3S Group

In The Spotlight

Matt Cottle, Commercial Director, Y3S Group

Financial Reporter had a chat with Matt Cottle, Commercial Director of Y3S Group, who've had a busy year...

20 Dec 2013

Over 200,000 homes at risk of repossession

Latest News

Over 200,000 homes at risk of repossession

More than 200,000 households in England are at risk of repossession or eviction, according to new statistics released by Shelter.

20 Dec 2013

Shawbrook launches new bond at 2.40%

Savings & Investments

Shawbrook launches new bond at 2.40%

Shawbrook has launched a new 2-year fixed rate bond offering savers a rate of 2.40% AER placing it top of Moneyfacts best buys.

20 Dec 2013

BoE says base rate rise could double number of vulnerable mortgagors

Mortgages

BoE says base rate rise could double number of vulnerable mortgagors

The Bank of England has said that if the base rate rose to three per cent, the number of “vulnerable mortgagors” would double to 16%, unless incomes rise.

20 Dec 2013

RBS/NatWest pledges £100m to SMEs via NACFB brokers

RBS/NatWest pledges £100m to SMEs via NACFB brokers

The RBS/NatWest Group will make £100m of funding available to small businesses through the NACFB in a pilot that signals the lender’s commitment to support the growing market for brokered business loans.

20 Dec 2013

first direct introduces 1.99% offset mortgage

Mortgages

first direct introduces 1.99% offset mortgage

Today first direct is introducing a best buy 65% LTV 1.99% 2 year fixed rate offset mortgage with £1,499 booking fee.

20 Dec 2013

Lack of supply will push prices up next year, warns BTL specialist

Mortgages

Lack of supply will push prices up next year, warns BTL specialist

Buy-to-let specialists Assetz examined the outlook for the UK housing market next year and predict that house prices will grow 10% in 2014, driven by a continued lack of property supply.

19 Dec 2013

NatWest to launch Help to Buy 2 deals for intermediaries in January

Mortgages

NatWest to launch Help to Buy 2 deals for intermediaries in January

NatWest Intermediary Solutions has announced that it will be launching its Help to Buy: mortgage guarantee scheme products in January. It expects to be able to announce the exact launch date early next month.

19 Dec 2013

Gross mortgage lending up 30% in 2013

Mortgages

Gross mortgage lending up 30% in 2013

There was an estimated £17 billion of gross mortgage lending in November, according to the Council of Mortgage Lenders.

19 Dec 2013

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