Latest News

Shocking report reveals 1 in 10 people in Scotland borrow money to pay for food

Latest News

Shocking report reveals 1 in 10 people in Scotland borrow money to pay for food

More than half a million adults in Scotland borrowed money to buy food in July, according to research by Debt Advisory Centre Scotland.

02 Oct 2013

FCA willing to provide MMR workshop especially for bridging

FCA willing to provide MMR workshop especially for bridging

The FCA announced at the ASTL quarterly general meeting on Monday this week that it is prepared to hold an MMR workshop especially for the bridging community.

02 Oct 2013

Are lenders likely to be 'aggressive' towards the end of the year?

Are lenders likely to be 'aggressive' towards the end of the year?

Intermediaries and their clients can expect a very competitive end to 2013 with lenders ‘aggressively’ seeking business, said a leading player in the lending community.

01 Oct 2013

Improved availability of B2L finance fuels growth in PRS

Mortgages

Improved availability of B2L finance fuels growth in PRS

Landlords have increased the size of their rental portfolios in Q3, a survey by specialist buy-to-let lender Paragon Mortgages has revealed.

01 Oct 2013

Disposable income: 4.5m British adults have less than £10 a month

Latest News

Disposable income: 4.5m British adults have less than £10 a month

One in 11 people, or 4.5 million British adults, have less than £10 a month disposable income (that’s money left over once they have paid their essential bills), new research* from budgeting account provider thinkmoney has found.

01 Oct 2013

Hinckley & Rugby adds zest to TenetLime’s introducers

Mortgages

Hinckley & Rugby adds zest to TenetLime’s introducers

Hinckley & Rugby Building Society’s mortgages are today available for the first time to TenetLime.

01 Oct 2013

Low interest rates - Make it pay while the sun shines

Mortgages

Low interest rates - Make it pay while the sun shines

With interest rates expected to remain low for the next three years, MoneySuperMarket has looked at the benefits of taking advantage of cheaper borrowing by overpaying on a mortgage for the next three years.

01 Oct 2013

Oldest mortgagors most at risk from interest-only

Mortgages

Oldest mortgagors most at risk from interest-only

13% of older people with mortgages are struggling to make repayments on their home reveals new research by The Personal Finance Research Centre and think-tank on demographic change, the International Longevity Centre – UK.

01 Oct 2013

Regentsmead announces exclusive new product

Regentsmead announces exclusive new product

Development finance lender Regentsmead have today announced a new exclusive product, headlining at 9%pa (.75% pm).

01 Oct 2013

Second secured loan lender enters market in two days

Second secured loan lender enters market in two days

Promise Solutions has announced the arrival of another new secured lender, Finsec Secured Loans, which has entered the market today hard on the heels of Firmus Secured Loans which launched yesterday.

01 Oct 2013

 

The Source adds new insurer to BTL panel

Protection

The Source adds new insurer to BTL panel

The Source has announced the arrival of Landlord’s Choice to their Buy-to-Let Insurance Panel as part of an ongoing strategy to expand the range of providers in both the Landlords property insurance market and household market.

30 Sep 2013

Gross mortgage lending by mutuals up 32%

Mortgages

Gross mortgage lending by mutuals up 32%

Mutuals continue to play an active role in a mortgage market, with the latest figures from the BSA showing gross lending up 32% in August, compared to £3.0 billion in August 2012.

30 Sep 2013

Nationwide accepts Help to Buy mortgage applications in Scotland

Mortgages

Nationwide accepts Help to Buy mortgage applications in Scotland

Nationwide Building Society is now accepting mortgage applications from borrowers looking to participate in the Scottish Government's Help to Buy equity loan scheme.

30 Sep 2013

Government brings launch of Help to Buy's second stage forward

Mortgages

Government brings launch of Help to Buy's second stage forward

The second stage of the Help to Buy scheme will be launched next week, the government has announced - three months earlier than planned.

30 Sep 2013

L&G launches semi-exclusives from 1.94% with Skipton

Mortgages

L&G launches semi-exclusives from 1.94% with Skipton

Legal & General Mortgage Club has announced that from tomorrow it will launch a new set of semi-exclusive mortgage deals with Skipton Building Society.

30 Sep 2013

Pension annual allowance reform exposes £895 million to taxation

Retirement

Pension annual allowance reform exposes £895 million to taxation

According to research by investment experts Kuber Ventures, of those people in the UK currently contributing to registered pension schemes, over 16,000 made contributions in excess of the £50,000 threshold by utilising the carry forward provisions.

30 Sep 2013

AVIVA launches life insurance radio advertising campaign

Protection

AVIVA launches life insurance radio advertising campaign

Aviva is again highlighting the importance of family protection with a series of four radio adverts which can be heard across UK stations from Monday 30 September 2013.

30 Sep 2013

2.5 million people borrowed money to pay for utilities in July

2.5 million people borrowed money to pay for utilities in July

Three million people borrowed money to buy food in July, according to research by Debt Advisory Centre. Nearly as many again (2.5 million or 5% of UK adults) used a credit card or took out a loan to settle gas, electricity and water bills.

30 Sep 2013

Loans Warehouse exclusively launch new Secured Loan Lender

Loans Warehouse exclusively launch new Secured Loan Lender

From today the secured loan market has a new lender, exclusively available through Loans Warehouse; Firmus Secured Loans Limited.

30 Sep 2013

Chris Willis, Senior Vice-President at borro

In The Spotlight

Chris Willis, Senior Vice-President at borro

Financial Reporter had a chat with Chris Willis, Senior Vice-President at borro, the personal asset lender.

27 Sep 2013

Secured lender raises £100m of additional funding

Secured lender raises £100m of additional funding

Jerrold Holdings Limited, secured lender to the residential and commercial property sectors, announces today that, as a result of its £200m bond issuance, it has increased its funding capacity by more than £100m.

27 Sep 2013

Land Registry data shows property prices rising steadily

Mortgages

Land Registry data shows property prices rising steadily

The August data from Land Registry's House Price Index shows an annual price increase of 1.3% which takes the average property value in England and Wales to £164,654.

27 Sep 2013

Registrations for new homes hit six-year high

Mortgages

Registrations for new homes hit six-year high

UK registrations for new homes rose 25% for the year up to and including August, NHBC’s latest monthly figures reveal today.

27 Sep 2013

LV= extends whole of life policy

Protection

LV= extends whole of life policy

Protection specialist LV= has enhanced its whole of life policy, LifeTime+.

27 Sep 2013

Help to Buy could be a game changer in Scotland, say home builders

Mortgages

Help to Buy could be a game changer in Scotland, say home builders

Scottish home builders are today heralding the launch of what they consider could be a “game changing” new scheme to help more households onto and up the housing ladder.

27 Sep 2013

London house price growth hits double figures in Q3

Mortgages

London house price growth hits double figures in Q3

UK house prices increased by 0.9% in September and were 5.0% higher than September 2012, according to the latest House Price Index from Nationwide.

27 Sep 2013

52% of over 50s to use home to fund retirement

Retirement

52% of over 50s to use home to fund retirement

The ‘home is pension' generation - or HIPpies - has doubled in the last year, according to LV=, as more than half (52%) of working homeowners over 50 plan to use the equity in their home to fund their retirement - compared to a quarter (28%) in 2012.

27 Sep 2013

Virgin Money cuts high LTV rates by up to 0.20%

Mortgages

Virgin Money cuts high LTV rates by up to 0.20%

Virgin Money has announced a number of changes across its residential mortgage range. The updated range will be available from 27 September 2013.

26 Sep 2013

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