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Older homeowners choose to bring inheritance forward

Retirement

Older homeowners choose to bring inheritance forward

Shifting attitudes among older homeowners towards the inheritance they leave their families has been reflected by the latest introducer guide published by Bridgewater Equity Release.

14 Jan 2013

Yorkshire Building Society offers 1.99% fix

Mortgages

Yorkshire Building Society offers 1.99% fix

Borrowers with at least 40% equity in their homes or bigger purchase deposits can take advantage of the latest best buy mortgages from Yorkshire Building Society.

14 Jan 2013

Brightstar increases broker procuration fees as bridging market hots up

Brightstar increases broker procuration fees as bridging market hots up

Brightstar Financial has announced an increase in procuration fees for bridging deals on cases for Precise Mortgages.

14 Jan 2013

23% increase in mortgage business, reports Stonebridge Group

Mortgages

23% increase in mortgage business, reports Stonebridge Group

Stonebridge Group, the mortgage and insurance network, increased its home loan activity by almost a quarter in 2012 it was revealed today.

14 Jan 2013

Homebuyers must find a £26,500 deposit on average

Mortgages

Homebuyers must find a £26,500 deposit on average

Homebuyers need to find a deposit of nearly £26,500 to buy a home in England and Wales – but, depending on where they are looking to buy, the deposit can be as much as five times bigger than elsewhere.

14 Jan 2013

More than 9m expect to rely on a windfall in retirement

Retirement

More than 9m expect to rely on a windfall in retirement

More than nine million financially unprepared pre retirees – almost one fifth (18%) of the population – are relying on some sort of windfall to fund their golden years, according to retirement specialist LV= .

14 Jan 2013

Second steppers bear the brunt of flat market

Mortgages

Second steppers bear the brunt of flat market

The home mover market has remained relatively flat over the past year.

14 Jan 2013

Advisers expect pensions to keep them busy in 2013

Retirement

Advisers expect pensions to keep them busy in 2013

A survey of Avelo’s Exchange users has found that pensions/retirement planning continues to be the area in which advisers expect to be the busiest in 2013 with almost 30% of those surveyed anticipating demand for retirement advice.

11 Jan 2013

Cold weather acting as catalyst for overseas property purchases

Blogs

Cold weather acting as catalyst for overseas property purchases

The harsh winter weather often leads people to think about owning a place in the sun, and with Britain set to plunge into freezing temperatures with heavy snow showers next week, this could well be the catalyst for taking some action.

11 Jan 2013

Halifax boosts NewBuy offering

Mortgages

Halifax boosts NewBuy offering

From today - January 11th - Halifax will allow purchasers who are part exchanging their current home to purchase their next property through the NewBuy scheme.

11 Jan 2013

 

Pension charges to be made clearer to UK savers, says ABI

Retirement

Pension charges to be made clearer to UK savers, says ABI

Members of the ABI have today announced an agreement to ensure the consistent and straightforward disclosure of pension charges and costs to employees in workplace pension schemes.

11 Jan 2013

Hinckley & Rugby cuts rates to below 3%

Mortgages

Hinckley & Rugby cuts rates to below 3%

Hinckley & Rugby Building Society has today cut the interest rates of two of its key mortgages to below three per cent. Both are available at up to 80% loan-to-value.

11 Jan 2013

House prices stable in December - but climbed £7000 in 2012

Legal

House prices stable in December - but climbed £7000 in 2012

According to the LSL Property Services/Acadametrics House Price Index, house prices remained stable in December - but showed a climb of 3.2% throughout 2012.

11 Jan 2013

Capital Bridging welcome Masthaven's move into Scotland

Capital Bridging welcome Masthaven's move into Scotland

In the wake of the Cheval departure from the sector Keith Aldridge, Principal at Capital Bridging Finance is delighted Masthaven have filled the gap in the Scottish market.

11 Jan 2013

Nationwide cuts fixed rates to as low as 2.69%

Mortgages

Nationwide cuts fixed rates to as low as 2.69%

From Friday 11 January, Nationwide Building Society is reducing its three, four and five year fixed rates by 0.10%.

11 Jan 2013

Funding Circle powers past £70m

Funding Circle powers past £70m

Funding Circle, the online marketplace where people lend money directly to businesses, has passed the £70 million lent milestone.

10 Jan 2013

Mortgage prisoners finally freed in 2013, says Springtide Capital

Mortgages

Mortgage prisoners finally freed in 2013, says Springtide Capital

Mortgage broker Springtide Capital says this year, many people who have previously been unable to move home owing to complicated financial circumstances will now be able to move house.

10 Jan 2013

The Pensions Regulator sets standards for DC schemes

Retirement

The Pensions Regulator sets standards for DC schemes

Standards that defined contribution pension schemes should meet to increase the chance of individuals receiving good outcomes from their retirement savings are published today by The Pensions Regulator.

10 Jan 2013

Consumer lending sees steady growth

Consumer lending sees steady growth

Consumer credit lending figures for November 2012, released today by the Finance & Leasing Association, show continued steady growth of six per cent compared with the same period last year.

10 Jan 2013

Yorkshire reduces rates by up to 0.35% across range

Mortgages

Yorkshire reduces rates by up to 0.35% across range

Yorkshire Building Society is starting the New Year by cutting rates across its mortgage range and taking its products up to the top of the best buy tables.

10 Jan 2013

Annuity income suffers biggest fall since 1998

Retirement

Annuity income suffers biggest fall since 1998

New research by Investment Life and Pensions Moneyfacts has revealed that the average annual income generated by a standard annuity for a 65-year old male fell by 11.5% during 2012.

09 Jan 2013

Peer-to-peer lending - the £1bn mark is in sight

Peer-to-peer lending - the £1bn mark is in sight

Regulation, frustration for businesses looking for funding and low interest rates on savings are set to fuel a rise in interest in peer-to-peer lending, according to MD of rebuildingsociety.com, Dan Rajkumar.

09 Jan 2013

Islamic Bank diversifies Sharia compliant range with rent-only product

Mortgages

Islamic Bank diversifies Sharia compliant range with rent-only product

Islamic Bank of Britain, the UK’s only wholly Sharia compliant retail bank, has diversified its Sharia compliant Buy to Let Purchase Plan product range with the launch of a rent only BTLPP.

09 Jan 2013

Barclays launches 95% mortgage and cuts rates across range

Mortgages

Barclays launches 95% mortgage and cuts rates across range

Following feedback from its customers, Barclays will introduce from Monday a mortgage to help boost the first time buyer market this year, giving new buyers access to affordable mortgages with just a five per cent deposit.

09 Jan 2013

Despite rent drop, BTL investors take long-term view

Despite rent drop, BTL investors take long-term view

According to property agents Cluttons, average rental values have slipped by 2.3% in the last three months, taking average weekly rents to £996, the first time they have dipped below £1,000 since Q1 2011.

09 Jan 2013

Nemo's 90% secured loan heralds 'positive 2013', says The Lending Wizard

Nemo's 90% secured loan heralds 'positive 2013', says The Lending Wizard

The Lending Wizard, the loan comparison site where advisers can compare actual, not typical, unsecured and secured homeowner loans for their clients, have welcomed the move by Nemo to offer a secured loan at 90% LTV.

09 Jan 2013

MBE London 2012: Maeve Ward & Karen Bennett, Shawbrook Bank

MBE London 2012: Maeve Ward & Karen Bennett, Shawbrook Bank

Maeve Ward (Head of Sales, Secured Lending) and Karen Bennett (Head of Sales, Commercial Mortgages) from Shawbrook Bank came for a chat with Financial Reporter at London's Mortgage Business Expo 2012.

08 Jan 2013

Virgin Money amend interest-only mortgage policy

Mortgages

Virgin Money amend interest-only mortgage policy

Virgin Money announces that it is amending its policy for new interest-only residential mortgage lending.

08 Jan 2013

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