Latest News

Leeds unveils larger loan mortgage range up to £750k

Mortgages

Leeds unveils larger loan mortgage range up to £750k

Leeds Building Society has launched a new product range for larger loans of up to £750,000, with flat fees and rates starting from just 2.14%.

31 Oct 2013

95% mortgage launched from 5.09% by Hinckley & Rugby

Mortgages

95% mortgage launched from 5.09% by Hinckley & Rugby

Hinckley & Rugby Building Society has today launch a new 95% LTV two-year discount mortgage at 5.09%.

30 Oct 2013

Coventry launches 5-year base rate tracker

Mortgages

Coventry launches 5-year base rate tracker

The range includes a market leading Flexx for Term at 2.00% with no ERCs. Available from Wednesday 30th October, with highlights including:

30 Oct 2013

Over-45s underestimating the role of property in retirement income

Retirement

Over-45s underestimating the role of property in retirement income

The majority of over-45s in the UK expect to retire with at least £490,990 in assets suggests new research from specialist equity release provider, Partnership.

30 Oct 2013

Castle Trust prepares for launch into BTL market

Mortgages

Castle Trust prepares for launch into BTL market

Castle Trust announced today that it will launch into the buy to let market at the beginning of November with a unique product enabling landlords to benefit from highly competitive LTVs of 85%.

30 Oct 2013

John Charcol: beware effect of pay day loans on mortgage applications

Mortgages

John Charcol: beware effect of pay day loans on mortgage applications

John Charcol warns buyers to beware of the effect of pay day loans on a mortgage application.

30 Oct 2013

Leeds cuts fixed rates by up to 0.31%

Mortgages

Leeds cuts fixed rates by up to 0.31%

Leeds Building Society has unveiled a series of reductions to its 2 and 5 year fixed rate mortgages of up to 0.31%, available up to 85% LTV.

30 Oct 2013

borro increases flexibility for brokers with latest enhancement

borro increases flexibility for brokers with latest enhancement

Personal asset lender borro continues to develop its proposition for the broker market with the addition of its ‘Sale Advance’ facility for clients.

30 Oct 2013

Advice gap hits savers and investors

Savings & Investments

Advice gap hits savers and investors

More than one in four (27%) savers and investors looking for financial advice are finding it difficult or very difficult to find help despite having an average £240 a month to save or invest, new research from Yorkshire BS shows.

30 Oct 2013

Number of properties 'to let' up 13% in Q3

Mortgages

Number of properties 'to let' up 13% in Q3

The latest Quarterly Property Index from Experian has revealed that the number of properties listed ‘to let’ in the UK increased by 13% in Q3 2013, compared to the same quarter last year.

30 Oct 2013

 

Mortgage approvals at highest level since February 2008

Mortgages

Mortgage approvals at highest level since February 2008

According to the latest money and credit report from the Bank of England, mortgage approvals for house purchases continued to rise in September with 66,735 loans approved, the highest level since over five years ago (February 2008).

29 Oct 2013

NatWest increases proc fees and simplifies BTL proposition

Mortgages

NatWest increases proc fees and simplifies BTL proposition

NatWest Intermediary Solutions is simplifying its buy-to-let proposition by introducing a new single policy to cover all buy-to-let borrowers and reducing the rental cover requirement.

29 Oct 2013

Landlords urged to consider the impact of rising interest rates and price hikes

Mortgages

Landlords urged to consider the impact of rising interest rates and price hikes

Landlord Assist is urging landlords to ensure that their business strategy is robust enough to withstand the impact of a recovering property market and a potential forthcoming rise in interest rates.

29 Oct 2013

Leeds unveils Regular Saver paying 3.05%

Savings & Investments

Leeds unveils Regular Saver paying 3.05%

Leeds Building Society’s Regular Saver allows customers to benefit from a rate of 3.05% gross p.a./AER (including a 1.80% bonus), which is currently over six times higher than Bank Base Rate, by investing as little as £50 per month.

29 Oct 2013

Half of those approaching retirement 'unaware' of income options

Retirement

Half of those approaching retirement 'unaware' of income options

Research from retirement specialist LV= reveals that millions of Britain’s over-50s are unaware of how they can draw an income from their pension fund.

29 Oct 2013

Lending by mutuals over 50% higher than last year

Mortgages

Lending by mutuals over 50% higher than last year

Lending by building societies and other mutual lenders was 50% higher in September 2013 than the same month last year, demonstrating a continued improvement in consumer confidence about home purchase.

29 Oct 2013

Self Build mortgage launched by Hinckley & Rugby

Mortgages

Self Build mortgage launched by Hinckley & Rugby

Hinckley & Rugby Building Society has launched a new mortgage for people building their own home.

29 Oct 2013

Lloyds delivers on commitment to first time buyers

Mortgages

Lloyds delivers on commitment to first time buyers

As part of its market update, Lloyds Banking Group has today announced that it has already delivered its commitment to lend to 60,000 first time buyers by the end of 2013.

29 Oct 2013

Moneio becomes Freedom Finance

Moneio becomes Freedom Finance

As of today, loan broker Moneio Limited has changed name to Freedom Finance Limited.

29 Oct 2013

The Cambridge cuts BTL rates by 0.25%

The Cambridge cuts BTL rates by 0.25%

The Cambridge Building Society is launching a new Buy to Let product range, with rates starting at 3.59%, to all intermediaries from today.

28 Oct 2013

House completions up 17% year-on-year

Mortgages

House completions up 17% year-on-year

The September data from Land Registry's House Price Index shows an annual price increase of 3.4% which takes the average property value in England and Wales to £167,063.

28 Oct 2013

Alliance Trust Savings adds another 14 fund managers to platform

Savings & Investments

Alliance Trust Savings adds another 14 fund managers to platform

Alliance Trust Savings now offers in excess of 2,000 clean share class funds on its investment platform.

28 Oct 2013

Sesame launches exclusive 90% products via Leeds BS

Mortgages

Sesame launches exclusive 90% products via Leeds BS

Appointed representatives of Sesame network now have access to two new exclusive products via Leeds Building Society.

28 Oct 2013

Brokers 'optimistic' - but not relying on high street lenders

Brokers 'optimistic' - but not relying on high street lenders

Shawbrook Bank has revealed the results of its first ‘Broker Barometer’ – a quarterly survey to test the temperature of commercial mortgage brokers on everything from client confidence to popular product features.

28 Oct 2013

Self-builders get boost from levy exemption

Mortgages

Self-builders get boost from levy exemption

The changes will save self-builders thousands of pounds from the cost of building their ‘grand design’ by ensuring they are exempt from a levy charge paid for new buildings over a certain size.

28 Oct 2013

House prices boosted £31,500 by close proximity of top schools

Mortgages

House prices boosted £31,500 by close proximity of top schools

Parents looking to purchase a home close to one of the country's top 30 performing state schools face paying an average house price of £295,972, according to new research by Lloyds Bank.

28 Oct 2013

Trade body welcomes four payday lenders as members

Trade body welcomes four payday lenders as members

The Consumer Finance Association, the trade body widely recognised for driving industry improvements and best practice in the short-term lending industry, has accepted four major payday lenders as members.

25 Oct 2013

Gordon Rae, Intermediary Relationship Manager at Dudley BS

In The Spotlight

Gordon Rae, Intermediary Relationship Manager at Dudley BS

Financial Reporter had a chat to Gordon Rae, who was appointed Intermediary Relationship Manager at Dudley Building Society earlier this year.

25 Oct 2013

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