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First half of 2013 sees FTBs flock to the market: Halifax

Mortgages

First half of 2013 sees FTBs flock to the market: Halifax

The number of first time buyers in the first six months of 2013 was 19% higher than in the same period last year, according to the half-year Halifax First Time Buyer Review.

29 Jul 2013

Bridgers still offering 'unachievable' rates, says broker

Bridgers still offering 'unachievable' rates, says broker

With the growth of bridging finance outstripping the growth of gross mortgage lending by over 5,000 per cent in 2012, many buy-to-let investors are realising the benefits of bridging finance to acquire and refurbish properties.

26 Jul 2013

James Chidgey, Senior Manager of Group Intermediary Sales at Nationwide

In The Spotlight

James Chidgey, Senior Manager of Group Intermediary Sales at Nationwide

Financial Reporter had a chat with James Chidgey, Senior Manager of Group Intermediary Sales at Nationwide, about FLS, the year ahead for the mortgage market and corporate parties...

26 Jul 2013

Long-term renting: a new challenge for the mortgage industry

Blogs

Long-term renting: a new challenge for the mortgage industry

The increasing popularity of buy-to-let property investment doesn’t look set to wane any time soon.

26 Jul 2013

Halifax makes changes across New Build & Affordable Housing ranges

Mortgages

Halifax makes changes across New Build & Affordable Housing ranges

Halifax Intermediaries have today announced they will be making changes to their product range, effective immediately.

26 Jul 2013

Completed house sales up 12% on last year, says Land Registry data

Legal

Completed house sales up 12% on last year, says Land Registry data

The June data from Land Registry's House Price Index shows an annual price increase of 0.8% which takes the average property value in England and Wales to £162,621.

26 Jul 2013

The West Brom cuts rates on 3-year fixes

Mortgages

The West Brom cuts rates on 3-year fixes

The West Brom is improving rates by up to 0.40% for borrowers looking to fix their mortgage over three years.

26 Jul 2013

Mortgage Club members gain access to Santander's portfolio product

Mortgage Club members gain access to Santander's portfolio product

Members of Surrey-based mortgage club The Buy to Let Business will now have access to Santander Commercial’s innovative portfolio product after the lender became the latest big name to join the mortgage panel.

26 Jul 2013

Yorkshire BS lends £925m to FTBs

Mortgages

Yorkshire BS lends £925m to FTBs

Yorkshire Building Society announced today that its pre-tax profits fell to £80.1m in the six months leading to June 2013, down from £82.8m for the same period in June 2012.

25 Jul 2013

95% LTV exclusive launched for Connells Group

Mortgages

95% LTV exclusive launched for Connells Group

Connells Group has today launched an exclusive Hinckley & Rugby Building Society three year discount mortgage charging 5.29 per cent at up to 95 per cent LTV.

25 Jul 2013

 

Hinckley & Rugby cuts rate on five year fix

Mortgages

Hinckley & Rugby cuts rate on five year fix

Hinckley & Rugby Building Society has today cut the interest rate on its five year fix by 0.20 percentage points to 3.45%.

25 Jul 2013

Mutual lending to FTBs rises by 50%, says BSA

Mortgages

Mutual lending to FTBs rises by 50%, says BSA

Over 32,000 buyers have been helped onto the property ladder by a mutual in the first five months of 2013, new data has revealed.

25 Jul 2013

Zurich launches policy validation unit to help brokers tackle fraud

Protection

Zurich launches policy validation unit to help brokers tackle fraud

Most UK brokers (84%) think insurers could do more to help them tackle fraud at the quote stage according to a new survey by Zurich.

25 Jul 2013

Archbishop to take on Wonga with CoE credit union

Archbishop to take on Wonga with CoE credit union

The Archbishop of Canterbury has announced he wants to "compete" payday lender Wonga out of existence by expanding the Church of England's credit union plans.

25 Jul 2013

Specialist Financial Services completes unique OneSavings Bank double

Specialist Financial Services completes unique OneSavings Bank double

Specialist Financial Services has on the same day completed the largest ever secured loan for Prestige Finance, together with the largest ever commercial advance by Interbay Commercial.

24 Jul 2013

Precise to axe brokers submitting false BTL cases

Mortgages

Precise to axe brokers submitting false BTL cases

Precise Mortgages is preparing to give the chop to brokers who attempt to get around the rigorous affordability checks required for residential cases by submitting them as buy to let applications instead.

24 Jul 2013

Paradigm members gain access to Blacks Connect Buyer Protect product

Legal

Paradigm members gain access to Blacks Connect Buyer Protect product

Paradigm Mortgage Services, the mortgage services proposition, has today announced its members will now be able to offer their clients the Blacks Connect free Buyer Protect product.

24 Jul 2013

BTL lending appetite increases for high LTV deals

BTL lending appetite increases for high LTV deals

The gap between 65% and 75% loan to value buy to let rates has narrowed in the last 18 months according to research by specialist broker Mortgages for Business.

24 Jul 2013

Equity release values soar as consumer confidence rises

Retirement

Equity release values soar as consumer confidence rises

Growing confidence in the use of property in financial planning has helped increase total housing wealth released to more than £508million in the first six months of the year, analysis from Key Retirement Solutions shows.

24 Jul 2013

Welsh house prices defy UK trends

Legal

Welsh house prices defy UK trends

While house prices across England rise, Welsh house prices have sunk £2,935 in the past year, according to the latest House Price Index from LSL/Acadametrics.

24 Jul 2013

Banks sign up to publish local lending data

Banks sign up to publish local lending data

Chief Secretary to the Treasury, Danny Alexander, announced today that a number of major banks have agreed to share their lending data with the government in a bid to boost credit to homeowners and small businesses.

24 Jul 2013

Boxing clever: differences between light and heavy refurbishment

Blogs

Boxing clever: differences between light and heavy refurbishment

[Blog from Karen Bennett, Sales and Marketing Director, Commercial Mortgages, Shawbrook Bank]

23 Jul 2013

Next stage of Help to Buy 'not necessary for growth', says broker

Mortgages

Next stage of Help to Buy 'not necessary for growth', says broker

Mortgage broker Springtide Capital looks back on the first year of FLS as a ‘triumph for boosting housing market recovery’ with a reported increase of FTBs and lowest ever mortgage rates since the financial crisis.

23 Jul 2013

One in two homeowners don't understand offset mortgages

Mortgages

One in two homeowners don't understand offset mortgages

The latest – Mortgage Mood report– published by the Legal & General Mortgage Club has revealed that one in two UK homeowners do not understand the benefits of an offset mortgage.

23 Jul 2013

BBA: Gross mortgage borrowing rises in June

Mortgages

BBA: Gross mortgage borrowing rises in June

Gross mortgage borrowing of £8.9bn in June was higher than in May and the average over the previous six months, according to the latest data from the British Bankers' Association.

23 Jul 2013

Chancellor meets to discuss future of Help to Buy

Mortgages

Chancellor meets to discuss future of Help to Buy

Chancellor of the Exchequer, George Osborne, is today meeting major housebuilders and mortgage lenders to discuss an extension to the Help to Buy scheme.

23 Jul 2013

Leeds launch 'Holiday Let' mortgage range

Mortgages

Leeds launch 'Holiday Let' mortgage range

Leeds Building Society has launched a new dedicated range of Holiday Let products to support demand in the UK, which has increased significantly over the last 5 years.

23 Jul 2013

UIA launch new home insurance brand

Protection

UIA launch new home insurance brand

UIA Insurance have launched a new brand, Together Mutual, which hopes to become an industry leader it its treatment of customers and high level of round the clock service.

23 Jul 2013

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