Latest News

House sale fall throughs 10% lower this quarter

Mortgages

House sale fall throughs 10% lower this quarter

The average house sale fall through rate for Q2 2013 was 19.77%, almost exactly 10% lower than in the corresponding quarter in 2012

09 Jul 2013

Second charge mortgage business grows 43%

Mortgages

Second charge mortgage business grows 43%

New figures released today by the Finance & Leasing Association (FLA) show the second charge mortgage market has continued its buoyant start to the year with new business growing 43% by value and 23% by volume in May 2013

09 Jul 2013

Openwork reports surge in mortgage activity

Mortgages

Openwork reports surge in mortgage activity

Openwork, the adviser support service network, has reported a surge in mortgage activity over the first six months of 2013.

09 Jul 2013

Halifax fixed term savings rates rise

Savings & Investments

Halifax fixed term savings rates rise

Halifax has today announced new fixed term savings rates with increases of up to 0.45%.

09 Jul 2013

Complete FS launches expat BTL product

Complete FS launches expat BTL product

Intermediary distributor Complete FS, today launches a specialist BTL mortgage product in association with Kent Reliance aimed at the expat borrower looking to buy or refinance in the UK.

09 Jul 2013

Celebrities urged to stop appearing in adverts for payday loans

Latest News

Celebrities urged to stop appearing in adverts for payday loans

Debt counselling experts have been calling on celebrities not to promote companies that offer payday loans

08 Jul 2013

New fixes and trackers from Mortgage Trust

Mortgages

New fixes and trackers from Mortgage Trust

Mortgage Trust has launched a range of new products, including six fixes and four trackers

08 Jul 2013

Around 8,000 business applications by retailers were rejected in 2012

Around 8,000 business applications by retailers were rejected in 2012

Castle Trust announces it is to start targeting business owners in the industry, who have at least 40% equity in their homes, with its Partnership Mortgage solution.

08 Jul 2013

Capital Bridging Finance very happy to be lending in Scotland

Capital Bridging Finance very happy to be lending in Scotland

Capital Bridging Finance Limited, the City based short term funder has seen a significant increase in its lending in Scotland and this week sees a very satisfactory exit for its first £1m plus loan.

08 Jul 2013

Sam Busfield, co-founder & director of Clearly Loans

In The Spotlight

Sam Busfield, co-founder & director of Clearly Loans

Financial Reporter had a chat with Sam Busfield, co-founder and director of the newly launched Clearly Loans.

05 Jul 2013

 

AfI launches lifetime tracker for the first time

Mortgages

AfI launches lifetime tracker for the first time

Abbey for Intermediaries has today launched a lifetime tracker mortgage for the first time ever with a rate of 2.69 per cent (BBR + 2.19 per cent) and a £495 fee.

05 Jul 2013

Paradigm publishes MMR preparation publication

Mortgages

Paradigm publishes MMR preparation publication

Paradigm Mortgage Services has issued the latest installment in a series of updates to help prepare intermediaries for next year's implementation of the Mortgage Market Review (MMR).

05 Jul 2013

NatWest introduce higher LTV mortgage deals

Mortgages

NatWest introduce higher LTV mortgage deals

NatWest Intermediary Solutions has launched several new high LTV mortgage deals available to intermediaries, whilst reducing rates across other core and first time buyer products.

05 Jul 2013

Blacks Connect launches Equity Release and Transfer of Equity services

Legal

Blacks Connect launches Equity Release and Transfer of Equity services

Blacks Connect, the conveyancing service from Blacks LLP, has today launched two new legal services for mortgages intermediaries - Equity Release and Transfer of Equity.

05 Jul 2013

Lender urges bridging industry to unite

Lender urges bridging industry to unite

Bridging lender Fincorp is urging the short-term finance industry to unite and move towards an era of professionalism and co-operation.

04 Jul 2013

The ‘capacity crisis’ is being overblown

Richard Sexton - esurv

The ‘capacity crisis’ is being overblown

The recent clamour, claiming the housing market is facing a critical shortfall of surveyors now house sales are increasing, is misleading.

04 Jul 2013

Pink Network adds Let Alliance to GI panel

Protection

Pink Network adds Let Alliance to GI panel

Pink Network has enhanced its general insurance product range by adding Let Alliance to its panel.

04 Jul 2013

Housing activity picks up with fifth consecutive price rise

Mortgages

Housing activity picks up with fifth consecutive price rise

According to Halifax's latest House Price Index, house prices in the second quarter of 2013 (April-June) were 2.1% higher than in the first quarter of the year (January-March).

04 Jul 2013

Access 4 Finance completes secured loan in under 10 days

Access 4 Finance completes secured loan in under 10 days

Access 4 Finance has completed a secured loan with Shawbrook Bank in less than 10 days, which is believed to be one of the quickest completions ever for a secured loan.

04 Jul 2013

Saffron enhances job-related mortgages

Mortgages

Saffron enhances job-related mortgages

Saffron For Intermediaries, the specialist lending channel of Saffron Building Society, has enhanced its suite of job-related mortgage products.

04 Jul 2013

Conveyancer sees rise in cash buyers

Legal

Conveyancer sees rise in cash buyers

UK conveyancing provider myhomemove, today reports that the number of people buying without a mortgage is steadily inching upwards, with nearly a quarter of its clients are cash buyers.

04 Jul 2013

Positive Lending increases commission during secured loan sale

Positive Lending increases commission during secured loan sale

Bournemouth based specialist distributor and packager Positive Lending is paying introducers 60% net revenue for all term secured loan business introduced in July 2013.

03 Jul 2013

Capital Bridging lends £11m in June

Capital Bridging lends £11m in June

City based bridging lender Capital Bridging Finance Limited has today announced it has completed more business in June than in any other month since its launch in 2010.

03 Jul 2013

Barclays cuts rates on residential mortgage range

Mortgages

Barclays cuts rates on residential mortgage range

Barclays announced today that it is cutting rates across its residential mortgage range by up to by up to 1.10 percentage points, including the lowest 10-year fixed rate it has ever offered, in a bid to give borrowers access to even better deals.

03 Jul 2013

Landlords invest in more property - and demand is high

Landlords invest in more property - and demand is high

Demand for private rented property has remained high during the second quarter of the year, landlords who took part in a Paragon Mortgages survey have revealed.

03 Jul 2013

First Mortgage looks at potential impact of rising interest rates

Mortgages

First Mortgage looks at potential impact of rising interest rates

As the economy begins to show signs of recovery with UK GDP increasing by 0.4-0.5% during the second quarter, there has been growing speculation from economists around a possible rise in the Bank of England’s base rate.

03 Jul 2013

Paradigm launches lifetime offset exclusive with H&R

Mortgages

Paradigm launches lifetime offset exclusive with H&R

Paradigm Mortgage Services, the mortgage services proposition, has today unveiled a lifetime offset product in conjunction with Hinckley & Rugby Building Society.

03 Jul 2013

New secured lender launched by Loans Warehouse

New secured lender launched by Loans Warehouse

Today it has been announced that a new secured loan lender, Clearly Loans, has been launched.

03 Jul 2013

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