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Aldermore becomes latest lender to join Complete panel

Aldermore becomes latest lender to join Complete panel

Aldermore Residential Mortgages is the latest intermediary focused lender to join the panel of Complete FS this year, which, according to Director, Tony Salentino, is already shaping up to mark a real renaissance for mortgage brokers.

18 Feb 2013

Shawbrook launches two new secured products at up to 85% LTV

Shawbrook launches two new secured products at up to 85% LTV

Today Shawbrook Bank launches two new exciting additions to its Premier Plus range increasing LTVs up to 85% with lower market leading rates for prime borrowers.

18 Feb 2013

Shawbrook Bank launches secured loan for clients with IVAs

Shawbrook Bank launches secured loan for clients with IVAs

Shawbrook Bank is launching a secured loan aimed at borrowers with individual voluntary arrangement contracts.

15 Feb 2013

47% consider secured loans a remortgage alternative for interest-only clients

Latest News

47% consider secured loans a remortgage alternative for interest-only clients

In a recent poll results showed that 47% of intermediaries have considered recommending a secured loan to their client as an alternative to remortgaging, in order to protect their interest-only mortgage status.

15 Feb 2013

Halifax announces rate cuts on home mover products

Mortgages

Halifax announces rate cuts on home mover products

Halifax has today announced a number of rate reductions across its home mover range in a move to further support the UK’s mortgage market.

15 Feb 2013

Rental dip gives tenants breathing space

Mortgages

Rental dip gives tenants breathing space

Tenants’ finances received a welcome boost as rents fell in January for the third consecutive month, according to the latest Buy-to-Let Index from LSL Property Services plc.

15 Feb 2013

Newcastle Intermediary Services reduce rates on 2-year fixes

Mortgages

Newcastle Intermediary Services reduce rates on 2-year fixes

Newcastle Intermediary Services has reduced the rate of its two-year fixed mortgage products.

14 Feb 2013

Regulator launches crackdown on pension predators

Retirement

Regulator launches crackdown on pension predators

A hard-hitting information campaign for consumers and pensions professionals is launched today as part of an ongoing multi-agency crackdown on predators claiming to be able to release pensions cash as a loan or lump sum before the law allows.

14 Feb 2013

Poor valuations are the biggest problem for bridging brokers

Poor valuations are the biggest problem for bridging brokers

United Trust Bank’s most recent broker survey has found that by far the most common reason for bridging loan proposals falling through is poor property valuations (43%).

14 Feb 2013

Buy-to-let lending reaches £16.4bn in 2012

Mortgages

Buy-to-let lending reaches £16.4bn in 2012

Buy-to-let lending accounted for 11.5% of total gross mortgage lending in 2012, up from 9.8% in 2011, according to full-year data released today by the Council of Mortgage Lenders.

14 Feb 2013

 

Marsden Building Society offers help to FTBs

Mortgages

Marsden Building Society offers help to FTBs

Marsden Building Society has launched a 3.99% fixed rate mortgage until 2015 for LTVs up to 90%.

13 Feb 2013

Buyer’s market in France

Blogs

Buyer’s market in France

Interesting reading from French Property News, which reports that the prospect of owning a property across the Channel has become even more achievable.

13 Feb 2013

Precise launches exclusive BTL products from just 4.44%

Precise launches exclusive BTL products from just 4.44%

Tomorrow, Precise Mortgages the intermediary only lender, will launch four exclusive buy-to-let products with rates starting from just 4.44% for selected postcodes in the South of the country.

13 Feb 2013

Scottish Widows launches dedicated auto enrolment adviser support

Retirement

Scottish Widows launches dedicated auto enrolment adviser support

Scottish Widows has launched a dedicated automatic enrolment website and telephone based helpline, offering support and guidance to advisers in order to help them service their clients through all aspects of the new regulations.

13 Feb 2013

Mortgages boast lowest ever rates - but beware the fees

Mortgages

Mortgages boast lowest ever rates - but beware the fees

According to data from MoneySupermarket, mortgage rates have fallen to an all-time low and the number of products available has increased by 37% as a result of the Bank of England's Funding for Lending Scheme.

13 Feb 2013

Norwich & Peterborough re-enter 10-year mortgage market with 3.99% fix

Mortgages

Norwich & Peterborough re-enter 10-year mortgage market with 3.99% fix

N&P Building Society has announced that it will once again enter the ten year fixed mortgage market with the launch of a 3.99% fixed rate product – offering excellent value for those looking for a longer term option.

12 Feb 2013

Platform reduces mainstream and BTL by up to 0.99%

Mortgages

Platform reduces mainstream and BTL by up to 0.99%

In a move that further signals The Co-operative Bank's appetite to lend competitively through the intermediary sector, Platform has today reduced the rates on its mainstream and buy to let mortgages by up to 0.99%.

12 Feb 2013

Shawbrook Bank launches bridging rates from just 0.65%

Shawbrook Bank launches bridging rates from just 0.65%

Shawbrook Bank has signalled its commitment to the short term market with a raft of new product changes to its short term loan bridging offering.

12 Feb 2013

Accord launches new 80% LTV products

Mortgages

Accord launches new 80% LTV products

Accord Mortgages is adding to its range of highly competitive fixed rate mortgages with new 80% LTV products.

12 Feb 2013

Stadia Trustees and Teachers Building Society join forces to offer ‘SIPP Save’

Retirement

Stadia Trustees and Teachers Building Society join forces to offer ‘SIPP Save’

Stadia Trustees, the UK-based pensions company, has joined forces with the Teachers Building Society to offer a new deposit account product, SIPP Save, further expanding its SIPP investment choice.

12 Feb 2013

Mortgage growth only a fraction of the rate of alternative finance

Mortgage growth only a fraction of the rate of alternative finance

Mortgage lending has grown at only a fraction the rate of alternative finance.

11 Feb 2013

Self employed struggle with debts beyond their earnings

Latest News

Self employed struggle with debts beyond their earnings

A report commissioned by StepChange Debt Charity from the Centre for Economic and Business Research has found that self-employed people are statistically struggling with more debt than people who are in full or part time employment.

11 Feb 2013

Legal & General to offer Metro Bank mortgages

Mortgages

Legal & General to offer Metro Bank mortgages

Legal & General Mortgage Club today announces that Metro Bank has partnered with Legal & General’s Appointed Representative Network and its Nouveau Directly Authorised firms.

11 Feb 2013

Principality partners with builders to give 95% LTV new build mortgages

Mortgages

Principality partners with builders to give 95% LTV new build mortgages

Principality is working with builders to give buyers with low deposits access to new build properties with mortgages of up to 95% LTV via a brand new guarantee scheme.

11 Feb 2013

Complete FS market new range from Saffron

Mortgages

Complete FS market new range from Saffron

Complete FS, the South Coast based mortgage distributor is, along with a small number of other preferred partners, rolling out a new product range from Saffron Building Society.

11 Feb 2013

Only 1 in 3 interest-only mortgages has repayment plan

Mortgages

Only 1 in 3 interest-only mortgages has repayment plan

A new report from BDRC Continental released today, indicates that 1.1 million interest-only mortgages appear to be “ticking time bombs”, with holders either having no investment plan for capital repayment, or one that is not on track to clear their debt.

11 Feb 2013

Mortgage approvals hit highest levels since 2008

Mortgages

Mortgage approvals hit highest levels since 2008

Mortgage approvals hit a four year high in January thanks to a combination of falling mortgage rates, a wider range of mortgages available to borrowers, and an improvement in lender confidence, according to e.surv chartered surveyors.

11 Feb 2013

Stark warning as landlord faces £1m public liability case

Protection

Stark warning as landlord faces £1m public liability case

An ongoing Public Liability claim received by Total Landlord Insurance, which could reach in excess of £1million, presents a stark reminder to landlords of the need for adequate insurance cover.

08 Feb 2013

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