Latest News

SHIP launches Fraud Working Group

Retirement

SHIP launches Fraud Working Group

SHIP, the trade body for equity release, has established a Fraud Working Group to consider the impact of fraud on equity release and to further protect consumers.

15 May 2012

IMA Chief Executive to step down at the end of 2012

Savings & Investments

IMA Chief Executive to step down at the end of 2012

IMA Chief Executive Richard Saunders has announced that he plans to step down from his role at the end of 2012.

15 May 2012

2m lent to adverse borrowers

2m lent to adverse borrowers

Last week Loans Warehouse completed the biggest secured loan in First European's history.

15 May 2012

UK consumers adopt self-build

UK consumers adopt self-build

1 in 10 new homes in the UK are self built and the market generates £3 billion annually for the UK economy, says the BSA.

15 May 2012

Study reveals tenant landlord communication in the East of England is worst in UK

Study reveals tenant landlord communication in the East of England is worst in UK

A study carried out by Total Landlord Insurance on a selection of landlords and tenants has revealed growing discrepancies between the two, highlighting the need for a far greater

14 May 2012

Insolvency Practitioners Association announces new president

Latest News

Insolvency Practitioners Association announces new president

Edward Bible is now the IPA President. He is both a solicitor and a licensed insolvency practitioner and is recognized as “Leader in Field, Restructuring/Insolvency” by Chambers UK

14 May 2012

Santander launches Newbuy mortgages

Mortgages

Santander launches Newbuy mortgages

Today Santander will launch its range of NewBuy mortgages via intermediaries with established ties to Barratt Homes, Berkeley, Bovis Homes, or Persimmon.

14 May 2012

Consider the long-term rate

Consider the long-term rate

The number of credit cards offering a standard long-term APR has fallen by 35% over the past five years, according to new research from Sainsbury's Credit Cards.

14 May 2012

Twice the price to be beside the seaside

Mortgages

Twice the price to be beside the seaside

The annual Halifax Seaside Town Review tracks house price movements in 136 seaside towns in England and Wales.

14 May 2012

Just how much will people pay for advice?

Mortgages

Just how much will people pay for advice?

New research from commission rebate specialist InvestSmart shows that financial advisers’ fees could come as something as a shock to the unsuspecting public.

14 May 2012

 

Low annuity rates prompting retirees to take pensions out of UK

Retirement

Low annuity rates prompting retirees to take pensions out of UK

With annuity rates at an historic low, British expats are increasingly turning to Qualifying Recognised Overseas Pensions Schemes to provide them with a retirement income, say pers

14 May 2012

Enness Private Clients bolsters broking team

Mortgages

Enness Private Clients bolsters broking team

Enness Private Clients has today continued its recruitment drive with the appointment of two brokers to help with a significant increase in loan enquiries.

14 May 2012

NACFB and Precise Mortgages join forces

NACFB and Precise Mortgages join forces

Precise Mortgages has entered into a partnership with the NACFB in a joint bid to promote higher standards in the residential bridging finance market.

14 May 2012

Avelo acquires TrigoldCrystal

Mortgages

Avelo acquires TrigoldCrystal

Avelo has acquired TrigoldCrystal, provider of technology solutions to mortgage distributors.

14 May 2012

Transactions tumble following return of stamp duty

Legal

Transactions tumble following return of stamp duty

Transactions plummet by 18% following the end of the stamp duty holiday but prices remain steady, falling just 0.2% in April, reveals the LSL Property Services/Acadametrics House P

11 May 2012

FIRST TIME BUYERS SUFFER IN APRIL AS BANKS CRANK UP DEPOSIT REQUIREMENTS

Legal

FIRST TIME BUYERS SUFFER IN APRIL AS BANKS CRANK UP DEPOSIT REQUIREMENTS

First time buyers hardest hit by tighter lending conditions: loans for new buyers drop to lowest level for 9 months, report e.surv.

11 May 2012

Average loan value to small business owners increased 17%

Average loan value to small business owners increased 17%

borro’s average loan value to small business owners and the self-employed has risen from £17,000 to £20,000 in the first quarter of 2012.

11 May 2012

One third (30.32%) of house sales fell through in April 2012.

Legal

One third (30.32%) of house sales fell through in April 2012.

Finance continues to be the main reason why many buyers cannot follow through to completion, report Quick Move Now.

11 May 2012

Dragonfly Receives Over 500 AIPs Amounting to £337m in 2012

Dragonfly Receives Over 500 AIPs Amounting to £337m in 2012

Short- and medium-term lender, Dragonfly Property Finance, today announced it received just over 500 Agreements In Principle on loans amounting to £337m in the first four months of

11 May 2012

West One Loans completes £1.6m loan against Knightsbridge pub

West One Loans completes £1.6m loan against Knightsbridge pub

West One Loans, the largest privately funded bridging lender in the UK, has completed a £1.6m deal on an upmarket Knightsbridge pub

11 May 2012

Landlords remain optimistic

Landlords remain optimistic

Property investors remain positive about the outlook for the buy-to-let market, according to the latest Landlord Survey conducted by specialist lender, CHL Mortgages.

11 May 2012

21% increase in Spanish property sales

Savings & Investments

21% increase in Spanish property sales

Outlook for Spanish property positive as Taylor Wimpey España records 21% increase in sales.

11 May 2012

PARAGON CALLS FOR RECOGNITION OF PRS ROLE IN HOUSING MARKET

PARAGON CALLS FOR RECOGNITION OF PRS ROLE IN HOUSING MARKET

Paragon, the independent buy-to-let mortgage specialist, has welcomed the discussion on housing policy and the role of the private rented sector led by former Labour Chancellor Ali

11 May 2012

Property seller holding firm on asking prices

Legal

Property seller holding firm on asking prices

The number of properties for sale in Britain that have been reduced in price since coming onto the market has actually fallen over the last 3 months.

10 May 2012

650% increase in sales, say Estate Agent

Legal

650% increase in sales, say Estate Agent

Estate agent, Barton Wyatt, reports a 650% increase in the total value of property sold in Q1 2012 compared to the same period only a year ago.

10 May 2012

Household debt rises for 2nd consecutive month

Latest News

Household debt rises for 2nd consecutive month

Credit Action's May debt statistics reveal that average household debt rose For the second time in three months, suggesting growth in unsecured debt levels is becoming entrenched.

10 May 2012

MAJORITY OF PRIVATE EQUITY PARTNERS REMAIN OPTIMISTIC ON UK ECONOMY(1)

Savings & Investments

MAJORITY OF PRIVATE EQUITY PARTNERS REMAIN OPTIMISTIC ON UK ECONOMY(1)

General Partners of private equity firms are significantly less optimistic about the UK economy’s growth prospects over the next 12 months than they were last year, according to In

10 May 2012

CML: BTL lending totalled £3.7bn

CML: BTL lending totalled £3.7bn

New buy-to-let lending in the first quarter of this year totalled £3.7 billion (32,300 loans), according to the Council of Mortgage Lenders

10 May 2012

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