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Bob Young, Managing Director of CHL Mortgages

In The Spotlight

Bob Young, Managing Director of CHL Mortgages

Financial Reporter had a chat with Bob Young, Managing Director of CHL Mortgages about buy-to-let and starting out in the industry.

31 May 2013

Leeds slashes rates across 2-, 3- and 5-year fixes

Mortgages

Leeds slashes rates across 2-, 3- and 5-year fixes

Leeds Building Society’s 2 year fixed rate mortgage is highly competitive at 2.09% between 60% and 65% LTV and at 2.34% from 66% to 75% LTV.

31 May 2013

BoE data shows mortgage lending is on the rise

Mortgages

BoE data shows mortgage lending is on the rise

According to the latest 'Money and Credit' statistical release from the Bank of England, mortgage lending increased by £0.9bn in April, compared to the average monthly increase of £0.6 billion over the previous six months.

31 May 2013

LV= makes CI cover 'one of the most comprehensive in the market'

Protection

LV= makes CI cover 'one of the most comprehensive in the market'

Protection specialist LV= has enhanced its critical illness (CI) cover to make it one of the most comprehensive plans in the market.

31 May 2013

Virgin makes changes across residential & BTL mortgages

Mortgages

Virgin makes changes across residential & BTL mortgages

Virgin Money has announced a number of changes across its Residential and Buy-to-let mortgage range. The updated range will be available from today.

31 May 2013

Mortgage lending by mutuals continues to rise in April

Mortgages

Mortgage lending by mutuals continues to rise in April

Gross mortgage lending by building societies and other mutual lenders was £3.2 billion in April, up by 55 per cent compared to £2.1 billion in the same month last year.

31 May 2013

HSBC launches 2.49% fee-free lifetime tracker

Mortgages

HSBC launches 2.49% fee-free lifetime tracker

HSBC today launches a new tracker mortgage rate in response to demand from customers with more than 50% equity in their homes.

31 May 2013

Land Registry: house prices up 0.4% since March

Legal

Land Registry: house prices up 0.4% since March

The latest Market Trend Data from the Land Registry was released today, showing that April house prices were 0.4% higher than those of March, with the average house in England and Wales now £161,458.

30 May 2013

Conveyancing specialist expand team

Legal

Conveyancing specialist expand team

Residential conveyancing legal specialists Convey Law continue to expand their conveyancing team, despite the poor economic climate.

30 May 2013

Leeds cut BTL rates by up to 0.70%

Mortgages

Leeds cut BTL rates by up to 0.70%

Responding to continued demand for buy to let lending, Leeds Building Society has announced reductions in the headline rate on a number of competitive landlord mortgages.

30 May 2013

 

Modest pick up in UK house prices, says Nationwide

Legal

Modest pick up in UK house prices, says Nationwide

According to the latest Nationwide House Price Index, the price of a typical home increased by 0.4% in May and was 1.1% higher than in May 2012.

30 May 2013

Ocean Finance urges homeowners to consider fee-free deals

Mortgages

Ocean Finance urges homeowners to consider fee-free deals

Homeowners looking for a remortgage should be careful about deals with a low interest rate but an expensive arrangement fee, warns Ocean Finance.

30 May 2013

Tesco Bank launches three new fixed rate mortgages

Mortgages

Tesco Bank launches three new fixed rate mortgages

Tesco Bank has today announced three new fixed rate mortgage products over two, three and five years at 60% LTV which offer competitive rates and fees.

30 May 2013

Retirees will need over £600k pension for comfortable retirement

Retirement

Retirees will need over £600k pension for comfortable retirement

British adults have said that the average amount needed to maintain a comfortable standard of living during their retirement is £25,783.87 per year net of taxes, according to a new survey from Towry, the wealth adviser.

30 May 2013

Scottish Life supports advisers' transition to fee-based model

Retirement

Scottish Life supports advisers' transition to fee-based model

Scottish Life, the pensions specialist arm of the Royal London Group, has announced that it will continue to offer a Consultancy Charging option for qualifying schemes which are in the pre-Automatic Enrolment phase.

29 May 2013

Hope Capital celebrates bumper month due to extension to 1.5% Proc Fee

Hope Capital celebrates bumper month due to extension to 1.5% Proc Fee

Hope Capital, the entrepreneurial short term property bridging finance company, has enjoyed its most successful month to date, completing its largest bridging deal and seeing deal flow increase eightfold.

29 May 2013

Fincorp backs bridging veteran’s new lending venture

Fincorp backs bridging veteran’s new lending venture

Fincorp has agreed to provide funding to bridging veteran Martyn Smith’s new bridging lender Bath & West, operating in the South West of England.

29 May 2013

Profit growth puts Liberty SIPP in strong position for new pension regime

Retirement

Profit growth puts Liberty SIPP in strong position for new pension regime

UK SIPP provider, Liberty SIPP, today announced an increase in both profits and turnover for the financial year to 31 March 2013.

29 May 2013

RateSetter lenders welcome transparency as fund reaches £1m

RateSetter lenders welcome transparency as fund reaches £1m

Peer-to-peer lending website RateSetter.com has today announced that its unique Provision Fund, which shields lenders from bad debt, has now reached over £1m.

28 May 2013

Bright Grey improves its critical illness definition for cancer

Protection

Bright Grey improves its critical illness definition for cancer

Bright Grey, a protection specialist within the Royal London Group, has improved its critical illness definition for cancer for personal and business protection menu plans.

28 May 2013

Nationwide to join Help to Buy from tomorrow

Mortgages

Nationwide to join Help to Buy from tomorrow

Nationwide Building Society will accept mortgage applications from borrowers looking to participate in the Government's Help to Buy - equity loan scheme from Wednesday, May 29.

28 May 2013

UK retail investment sales will increase as advisers adjust to RDR

Savings & Investments

UK retail investment sales will increase as advisers adjust to RDR

Following the Pridham Report on UK retail fund sales for Q1 2013, Head of UK Wholesale at BNY Mellon Investment, Scott Goodsir, says that the lower level of sales across the industry may not be short-lived as advisers continue to adjust to RDR proposals.

28 May 2013

Capital Bridging Finance extends its funding lines

Capital Bridging Finance extends its funding lines

Capital Bridging Finance Limited, the City based short term lender, has announced that it has added a new funding line to its already impressive funding base.

28 May 2013

Nationwide increases amount borrowers can overpay on mortgage

Mortgages

Nationwide increases amount borrowers can overpay on mortgage

Nationwide Building Society is increasing the amount borrowers can overpay on their mortgage.

28 May 2013

AOBP welcomes newest associate lender

AOBP welcomes newest associate lender

The AOBP is delighted to announce Reward Capital LLP as the latest Associate Lender to join the Association, taking the total number of affiliated short term, commercial and development specialist lenders partners to 23.

28 May 2013

Number of mortgage products on the rise, but high fees prevail

Mortgages

Number of mortgage products on the rise, but high fees prevail

The number of mortgages available for borrowers has increased by 34 per cent since April 2012 when the FLS was announced, with fixed rate and tracker mortgage rates falling, according to MoneySupermarket.

28 May 2013

95% 3-year fix launched by the Cambridge & Mortgage Intelligence Holdings

Mortgages

95% 3-year fix launched by the Cambridge & Mortgage Intelligence Holdings

Mortgage Intelligence Holdings has launched a 5.99% 3 year fixed, available up to 95% LTV with The Cambridge Building Society.

28 May 2013

Alliance Trust Savings adds 100 funds to investment platform

Savings & Investments

Alliance Trust Savings adds 100 funds to investment platform

Alliance Trust Savings has today announced the addition of a further 100 new funds to its investment platform.

28 May 2013

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