Latest News

Regulated bridging overtakes unregulated lending for first time

Regulated bridging overtakes unregulated lending for first time

Regulated bridging loans have outperformed unregulated bridging loans for the first time since Bridging Trends data was first gathered in April 2015.

25 Apr 2017

Paragon Mortgages to pay 0.25% proc fee

Paragon Mortgages to pay 0.25% proc fee

Paragon Mortgages has introduced a procuration fee for brokers on its full range of switch products.

25 Apr 2017

Magellan cuts Complex Prime rates by up to 1.01%

Magellan cuts Complex Prime rates by up to 1.01%

Magellan Homeloans has cut two-year fixed rates across its range of Complex Prime mortgage products.

25 Apr 2017

Santander launches new residential and BTL remortgage rates

Santander launches new residential and BTL remortgage rates

From Wednesday, Santander is launching a new range of buy-to-let remortgage products which it says are the lowest currently available on the market, alongside new residential fixed-rate products.

24 Apr 2017

Paradigm's Morrow launches online advice firm

Paradigm's Morrow launches online advice firm

A new online financial advice service launches today offering regulated advice to savers and investors regardless of age, wealth or stock market experience.

24 Apr 2017

TMA extends partnership with Mortgage Brain

TMA extends partnership with Mortgage Brain

TMA Mortgage Club has extended its partnership with Mortgage Brain to continue offering MortgageBrain Classic, MortgageBrain Anywhere, the Key and the Mortgage Trading Exchange to its DA Club members.

24 Apr 2017

will.i.am joins Atom Bank as strategic advisor

will.i.am joins Atom Bank as strategic advisor

Atom Bank has today confirmed that will.i.am has joined the firm as its first Strategic Board Advisor.

24 Apr 2017

Mortgage Trust launches lowest ever rates

Mortgage Trust launches lowest ever rates

Mortgage Trust has launched three new limited edition buy-to-let products at its lowest ever rates.

24 Apr 2017

Gap between high and low LTV bands widens by 0.31%

Gap between high and low LTV bands widens by 0.31%

Despite average mortgage rates falling across the market, the gap between the 60% LTV and 95% LTV bands has expanded by 0.31% in just six months, according to Moneyfacts data.

24 Apr 2017

FCA introduces new mortgage arrears guidance for lenders

FCA introduces new mortgage arrears guidance for lenders

The FCA has introduced new rules for mortgage customers with payment shortfalls after an investigation found that approximately 750,000 had been affected by the way firms calculate their monthly mortgage payments.

24 Apr 2017

 

Clever Lending appoints new sales manager

Clever Lending appoints new sales manager

Clever Lending has appointed Scott Leach as Sales Manager, covering the Midlands region and into South Wales.

24 Apr 2017

Stephen Jones appointed CEO of new trade body

Stephen Jones appointed CEO of new trade body

Stephen Jones has been confirmed as the first CEO of UK Finance, the new financial services trade association due to launch this summer.

24 Apr 2017

Buyer activity hits ten-year high in April

Buyer activity hits ten-year high in April

The price of property coming to market has hit a record high this month, while the number of sales agreed at this time of year has risen to its highest level since before the financial crisis in 2007, according to the latest Rightmove house price index.

24 Apr 2017

Taxpayers break even on £20bn Lloyds Bank rescue

Taxpayers break even on £20bn Lloyds Bank rescue

British taxpayers have now recovered all of the £20.3 billion they injected into Lloyds Banking Group during the financial crisis, according to a government statement.

24 Apr 2017

Equity release lending hits new record high in Q1

Equity release lending hits new record high in Q1

The equity release sector saw record annual growth in both lending and new customer volumes in Q1, showing sustained momentum following a record breaking 2016, according to data from the Equity Release Council.

24 Apr 2017

The Mansfield launches “fee light” two-year fixes

The Mansfield launches “fee light” two-year fixes

Mansfield Building Society has launched a new two-year fixed rate range up to 80% LTV at 1.75%, available for residential house purchase or remortgage.

21 Apr 2017

In the Spotlight with Robert McCoy, TMA Mortgage Club

In the Spotlight with Robert McCoy, TMA Mortgage Club

We spoke to Robert McCoy, Senior Product & Business Manager at TMA Mortgage Club, about the changing demographic of over 60s and the flexible benefits of lifetime mortgages that all advisers should know.

21 Apr 2017

National Friendly strengthens PMI intermediary proposition

National Friendly strengthens PMI intermediary proposition

National Friendly has appointed Wayne Carter as its Head of Sales and Marketing to help grow its Private Medical Insurance intermediary network.

21 Apr 2017

BoE should ease 3% mortgage affordability tests: CML

BoE should ease 3% mortgage affordability tests: CML

The CML has urged the Bank of England's financial policy committee to ease back on rules that require mortgage affordability to be assessed on the basis that interest rates could rise by 3% during the first five years.

21 Apr 2017

Stamp duty - the second hurdle for first-time buyers

Stamp duty - the second hurdle for first-time buyers

Dinner party conversations or chats with friends and acquaintances are not the best source of evidence should you be wishing to identify significant trends within any market – particularly the UK housing one – but they can give you a feel for what it’s like ‘out in the field’. It may well only give you a very local feel for how the market might be, and of course you’ll probably be interacting with a specific demographic group, but this anecdotal evidence can provide some insight.

21 Apr 2017

LV= pays record £77m in protection claims

LV= pays record £77m in protection claims

LV= paid out almost £77 million in new individual protection claims in 2016 - more than it has paid in any other year.

21 Apr 2017

Residential transactions recover in March: HMRC

Residential transactions recover in March: HMRC

Residential property transactions increased by 0.5% between February and March, following a 0.7% drop the previous month, according to seasonally adjusted estimates from HMRC.

21 Apr 2017

Mortgage sales soar 15.7% in March

Mortgage sales soar 15.7% in March

Northern Ireland saw the highest regional mortgage sales growth in March with a 21% increase on February, according to Equifax Touchstone research.

21 Apr 2017

PPI company director gets 10-year ban

Legal

PPI company director gets 10-year ban

Dean Anthony Spencer, director of Claim & Gain Limited, has been banned for ten years after the firm was found to be misleading customers and breaching government regulations.

21 Apr 2017

YBS launches lowest ever 0.89% mortgage rate

YBS launches lowest ever 0.89% mortgage rate

Yorkshire Building Society has launched the lowest mortgage rate ever available in the UK at 0.89%.

21 Apr 2017

Housing market settles into 'new lower normal': Halifax

Housing market settles into 'new lower normal': Halifax

Confidence in the UK housing market has stabilised to a "new lower normal" following a record decline after the EU referendum result, according to Halifax research.

21 Apr 2017

The ‘proper’ approach to protection

The ‘proper’ approach to protection

Protection insurance is rarely just bought; it’s sold. Brokers and lenders have a vital role in ensuring borrowers understand the obligations they’re taking on, and the real risks to their ability to meet them. Unfortunately, the evidence suggests we’re falling short.

20 Apr 2017

Accord doubles cashback offer

Accord doubles cashback offer

Accord Mortgages is giving borrowers a helping hand by doubling the amount of cashback on offer across its mortgage range.

20 Apr 2017

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