Latest News

Equity release set to smash £1bn barrier

Retirement

Equity release set to smash £1bn barrier

The equity release market is on track to smash the £1 billion barrier this year after a strong third quarter saw plan sales and total lending climbing by up to 11%, analysis from Key Retirement Solutions shows.

13 Nov 2012

Richard Tugwell, Director of Intermediary Relationships at Virgin Money

In The Spotlight

Richard Tugwell, Director of Intermediary Relationships at Virgin Money

Financial Reporter had a chat with Richard Tugwell, Director of Intermediary Relationships at Virgin Money.

12 Nov 2012

Virgin Money cuts rates on Fee Saver mortgages

Mortgages

Virgin Money cuts rates on Fee Saver mortgages

Virgin Money is reducing selected interest rates across its residential Fee Saver mortgage range, which offers customers loans without any product arrangement fees.

12 Nov 2012

Annuity rates set to keep falling, says Moneyfacts report

Retirement

Annuity rates set to keep falling, says Moneyfacts report

The latest edition of the Moneyfacts Personal Pension and Annuity Trends Treasury Report has revealed that Quarter 3 2012 witnessed another sharp decline in annuity rates.

12 Nov 2012

CHL reveals drop in buy-to-let arrear levels

CHL reveals drop in buy-to-let arrear levels

Specialist lender, CHL Mortgages, has today revealed a continuing fall in arrear levels for its buy-to-let mortgage book.

12 Nov 2012

TBMC launches buy-to-let schemes with Mortgage Trust

Mortgages

TBMC launches buy-to-let schemes with Mortgage Trust

TBMC, the buy-to-let and commercial mortgage specialist, has launched eight new buy-to-let mortgage schemes, which are available via limited distribution from Mortgage Trust.

12 Nov 2012

Eurozone attracting more British buyers

Blogs

Eurozone attracting more British buyers

The combination of rock bottom prices and a favourable exchange rate triggered a hike in the number of British people looking to buy in the eurozone over the summer, according to the Overseas Guides Company (OGC).

09 Nov 2012

Evolution Money to showcase their tailored approach at MBE

Evolution Money to showcase their tailored approach at MBE

Evolution Money provide a new way for homeowners to find tailored and realistic lending solutions - and they'll be at Mortgage Business Expo 2012 to tell everybody about it.

09 Nov 2012

81% of private landlords say their properties are their pensions

Retirement

81% of private landlords say their properties are their pensions

Landlords’ Panel survey reveals that four fifths of Britain’s private landlords say their properties are their pensions. Here’s how they are planning for their retirement (questions were multi-choice):

09 Nov 2012

ActiveQuote launches new life insurance comparison service

Protection

ActiveQuote launches new life insurance comparison service

ActiveQuote is delighted to announce the launch of its new life insurance comparison service, allowing users to compare life insurance quotes online from 11 leading UK insurers.

09 Nov 2012

 

Exciting statistics!

Blogs

Exciting statistics!

As I type this I am still buzzing with the excitement from Rita winning the DRF advisor of the year and so to try and keep the excitement rolling I thought - "Let's pull out some statistics."

09 Nov 2012

L&G launches shared ownership product from Leeds BS

Mortgages

L&G launches shared ownership product from Leeds BS

Legal & General Mortgage Club has announced the launch of an exclusive two year fixed rate shared ownership product with Leeds Building Society.

09 Nov 2012

First-time buyer challenges compounded by stagnant second-steppers

Mortgages

First-time buyer challenges compounded by stagnant second-steppers

Intending first-time buyers set to make up 25% of prospective buyer mix in 2013, still well adrift of the 40% level commonly seen pre credit-crunch

09 Nov 2012

Repossessions fall to lowest level since 2007

Mortgages

Repossessions fall to lowest level since 2007

The number of mortgage possessions fell again in the third quarter of 2012, according to data released today by the Council of Mortgage Lenders.

08 Nov 2012

Buy-to-let increases 8% to £4.2bn in Q3

Buy-to-let increases 8% to £4.2bn in Q3

The value of buy-to-let mortgages taken out in the third quarter of 2012 totalled £4.2 billion, an increase of 8% over the £3.9 billion advanced in the preceding three months, according to data published today by the CML.

08 Nov 2012

Towergate Underwriting chosen as new BIBALet provider

Protection

Towergate Underwriting chosen as new BIBALet provider

The British Insurance Brokers’ Association has announced the appointment of Towergate Underwriting as the official scheme provider for BIBALet.

08 Nov 2012

Leeds cut rates for 3-year fix by up to 0.31%

Mortgages

Leeds cut rates for 3-year fix by up to 0.31%

Leeds Building Society's 3-year fixed rate mortgage range has a competitive offer available to those customers with just a 15% deposit.

07 Nov 2012

Insurance brokerage donates to Movember with every sale

Protection

Insurance brokerage donates to Movember with every sale

Fresh from three nominations for the Sesame Adviser Awards, Arc Protect are moving once again to break the mould.

07 Nov 2012

CML Chairman says lenders can deliver a consumer-focused market

Mortgages

CML Chairman says lenders can deliver a consumer-focused market

Despite relatively subdued market conditions, one million households have become first-time buyers since the credit crunch, accounting for 1 in 10 of all current mortgage holders.

07 Nov 2012

Dragonfly launches 'bridge-to-let' product with lowest bridging rate

Dragonfly launches 'bridge-to-let' product with lowest bridging rate

Dragonfly Property Finance today launched the UK’s first ‘Bridge-to-Let’ product, a hybrid of a short- and medium-term loan that boasts one of the lowest bridging loan rates ever offered in the UK at 70% LTV.

07 Nov 2012

All aboard for the Mortgage Business Expo....

All aboard for the Mortgage Business Expo....

Hello everybody! With the Mortgage Business Expo just a week away, things are busy here at Financial Reporter.

07 Nov 2012

ABI launches consultation on annuity rate transparency

Retirement

ABI launches consultation on annuity rate transparency

The ABI has today launched a consultation on annuity rates transparency to help people approaching retirement get the best pension deal.

07 Nov 2012

NewBuy passes 2000 reservations

Mortgages

NewBuy passes 2000 reservations

New figures released today by the Home Builders Federation reveal that over 2000 people have now reserved new homes through the NewBuy scheme since its launch in March.

07 Nov 2012

Increase in expat property activity, says Connect Overseas

Mortgages

Increase in expat property activity, says Connect Overseas

Connect Overseas, the international mortgage specialist, is reporting a notable upsurge of enquiries from brokers who have expatriate clients looking to buy or remortgage property in the UK.

07 Nov 2012

Post Office slashes mortgage rates by up to 0.47%

Mortgages

Post Office slashes mortgage rates by up to 0.47%

Post Office is cutting mortgage rates by up to 0.47% on a number of its fixed rate and tracker mortgages as well as increasing its range of ‘fee saver’ products.

06 Nov 2012

Precise launches 'winter warmer' bridging product

Precise launches 'winter warmer' bridging product

Due to the popularity of their 'Summer Special' product, intermediary-only lender Precise Mortgages has launched a similar winter offer.

06 Nov 2012

Co-op on track to lend £360m to FTBs with 90% mortgage

Mortgages

Co-op on track to lend £360m to FTBs with 90% mortgage

As part of its ongoing support for first-time buyers, The Co-operative Bank has launched a competitive mortgage for borrowers with just a 10% deposit.

06 Nov 2012

Average LTV for buy-to-lets increases, says TBMC

Average LTV for buy-to-lets increases, says TBMC

TBMC's Landlord Profile Tracking Index has shown that the average LTVs for buy-to-lets continue to increase, with tracker rates the most popular.

06 Nov 2012

Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

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