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Prime London rents fall as the gap between demand and supply widens

Legal

Prime London rents fall as the gap between demand and supply widens

Despite a promising upturn last month, prime London rents fell by 0.3% in May on the back of deflated demand and growing supply, say Knight Frank.

15 Jun 2012

House prices see annual growth for first time since April 2011

Legal

House prices see annual growth for first time since April 2011

For the first time since April 2011, house prices have grown on an annual basis as prices increased by 0.5% on the month, report LSL Property Services.

15 Jun 2012

Pressure from Eurozone sees mortgages drop

Mortgages

Pressure from Eurozone sees mortgages drop

New home loans fell 2.5% in May, with first time buyers particularly badly hit, report e.surv.

15 Jun 2012

Shawbrook sponsors NACFB 20th anniversary drinks reception on eve of biggest ever Exp

Features

Shawbrook sponsors NACFB 20th anniversary drinks reception on eve of biggest ever Exp

Shawbrook are to sponsor the NACFB’s 20th anniversary drinks reception on the eve of the Association’s biggest ever Expo.

14 Jun 2012

Spicerhaart to invest £5m enhancing service provided by haart

Legal

Spicerhaart to invest £5m enhancing service provided by haart

Spicerhaart is set to invest over £5m enhancing the future level of service provided by its haart estate agency brand.

14 Jun 2012

Virgin Money reduces mortgage rates

Mortgages

Virgin Money reduces mortgage rates

Virgin Money has reduced the interest rates on a number of its fixed rate mortgage products by up to 0.16%.

14 Jun 2012

UTB’s Gerard Morgan Jackson completes race for charity.

Features

UTB’s Gerard Morgan Jackson completes race for charity.

United Trust Bank sales manager Gerard Morgan Jackson completed a grueling 64 mile London to Brighton race in aid of breast cancer charity ‘Breast Cancer Care’.

14 Jun 2012

Paul Chapman appointed Managing Director of Countrywide Surveying Services

Legal

Paul Chapman appointed Managing Director of Countrywide Surveying Services

Countrywide Surveying Services, the UK surveying and valuation practice, has appointed Paul Chapman as Managing Director.

14 Jun 2012

Never say never

Rob Barnard - Aldermore

Never say never

It’s no secret that during the depths of the credit crunch the buy-to-let market was badly starved of funds.

14 Jun 2012

Survey reveals what service means to brokers

Protection

Survey reveals what service means to brokers

A survey of 2000 UK brokers carried out by specialty general insurance provider Assurant Intermediary in March and April of this year sheds a little light on the meaning of service

14 Jun 2012

 

Abbey improve mortgage range

Mortgages

Abbey improve mortgage range

Tomorrow, 15th June, Abbey for Intermediaries will launch two new 5-year fixed rate products and will be increasing the LTV on selected 60% LTV Homebuyer products.

14 Jun 2012

Nearly all first-time buyers currently take out repayment mortgages, 98% in April, unchanged from March. The proportion of home movers and those remortgaging doing so also continue

Mortgages

Nearly all first-time buyers currently take out repayment mortgages, 98% in April, unchanged from March. The proportion of home movers and those remortgaging doing so also continue

Following the surge in activity in March, April saw a significant fall in house purchase lending, in particular to first-time buyers, according to new data from the CML.

14 Jun 2012

Average rents rise by 7%

Average rents rise by 7%

Figures released by Belvoir Lettings, which analyses data from 137 offices across the UK, shows that the national three-month rental average rose from £681 to £727, suggesting a 7%

14 Jun 2012

Rent restricts prospective homeowners from saving

Rent restricts prospective homeowners from saving

Saving to buy property while renting is looking like a less reliable route to eventually owning your own house, according to figures from Paymentshield.

13 Jun 2012

Renewed demand for remortgage advice as lenders continue to increase rates

Mortgages

Renewed demand for remortgage advice as lenders continue to increase rates

Demand for remortgage advice is on the rise according to the latest figures from unbiased.co.uk's Advice Drivers report.

13 Jun 2012

Clients don't believe in income protection

Protection

Clients don't believe in income protection

Research by Defaqto has found that 60% of advisers believe income protection is difficult to sell because clients don't think they need it.

13 Jun 2012

Connells Group joins AMI

Mortgages

Connells Group joins AMI

The Connells Group is pleased to announce it has become a member of the Association of Mortgage Intermediaries.

13 Jun 2012

Landlords increase portfolios

Landlords increase portfolios

Research by Paragon Mortgages has revealed an increase in landlords’ property portfolios in the second quarter of 2012.

13 Jun 2012

Strong desire for home-ownership remains

Mortgages

Strong desire for home-ownership remains

Despite all the current economic and financial difficulties, 81% of British adults hope to be home-owners in ten years' time, and 74% aspire to it within two years, according to Co

13 Jun 2012

borro triumphs at Bridging and Commercial

borro triumphs at Bridging and Commercial

Personal asset lender wins in Best Alternative Lender category.

12 Jun 2012

Inflation plus strategies remain the default favourite

Savings & Investments

Inflation plus strategies remain the default favourite

Almost 200 pension scheme managers, trustees and financial directors of DC pension schemes based in the UK completed the thought provoking survey by Schroders looking at Governance

12 Jun 2012

West One Loans announce winners of Las Vegas broker competition

West One Loans announce winners of Las Vegas broker competition

West One Loans, the largest privately funded bridging lender in the UK, has announced the winners of its competition for ten brokers to win place on a group trip to Las Vegas for t

12 Jun 2012

Seven in ten IFAs concerned about counterparty risks

Savings & Investments

Seven in ten IFAs concerned about counterparty risks

Research amongst IFAs by Legal & General Investments shows that seven in ten (69%) advisers are concerned about the counterparty risks associated with derivative based index funds

12 Jun 2012

New CML separate representation conveyancing instructions

Legal

New CML separate representation conveyancing instructions

Following extensive consultation and development, the Council of Mortgage Lenders has today issued a new set of instructions for conveyancers acting for lenders under separate repr

12 Jun 2012

Investors look forward to more policy help

Savings & Investments

Investors look forward to more policy help

Stocks bounced back last week, primarily due to a growing sense that policymakers in Europe and the United States may be ready to engage in further easing measures, report Blackroc

12 Jun 2012

HSBC approves 15,000 first time buyer mortgages

Mortgages

HSBC approves 15,000 first time buyer mortgages

HSBC today reveals that it approved more than 15,000 first time buyer mortgages in the first five months of 2012.

12 Jun 2012

1 in 10 focused on mortgage savings

Mortgages

1 in 10 focused on mortgage savings

New research from Clydesdale and Yorkshire Banks has today shown that people in the UK remain focused on their finances with more than 1 in 10 planning to remortgage, pay-off or ma

12 Jun 2012

Aldermore voted Best Commercial Lender

Aldermore voted Best Commercial Lender

British bank Aldermore has pulled-off a hat trick by being voted ‘Best Commercial Lender’ for the third year in a row.

12 Jun 2012

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