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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

Equifinance increase lending options for borrowers with adverse credit

Equifinance increase lending options for borrowers with adverse credit

Equifinance, the highest LTV heavy adverse secured loans lender, has increased its maximum loan size from £20,000 to £30,000, reveals its official broker, Loans Warehouse.

08 Jan 2013

Valuation activity grows for third month

Legal

Valuation activity grows for third month

Valuation activity grew annually for a third consecutive month in December, on the back of particularly strong growth in buy-to-let, according to the latest Housing Market Activity Report by Connells Survey & Valuation.

08 Jan 2013

Keystone BTL streamlines application process

Mortgages

Keystone BTL streamlines application process

Keystone Buy to Let Mortgages has streamlined its mortgage application process for all submitted cases to provide a quicker and smoother service to brokers.

08 Jan 2013

Alan Margolis, Head of Bridging at United Trust Bank

In The Spotlight

Alan Margolis, Head of Bridging at United Trust Bank

Financial Reporter had a chat with Alan Margolis, Head of Bridging at UTB.

07 Jan 2013

Dragonfly completes £1m bridge in just 48 hours

Dragonfly completes £1m bridge in just 48 hours

London-based short- and medium-term lender, Dragonfly Property Finance, has completed on a £1m bridge for a Limited Liability Partnership in just 48 hours.

07 Jan 2013

 

Cambridge BS slash residential rates by up to 0.70%

Mortgages

Cambridge BS slash residential rates by up to 0.70%

Following a hugely successful 2012, The Cambridge Building Society is starting the New Year by refreshing its entire residential mortgage range, including a reduction in rates of up to 0.70%.

07 Jan 2013

Leeds transforms 2 year fix range for New Year sale

Mortgages

Leeds transforms 2 year fix range for New Year sale

Leeds Building Society has transformed its current 2 Year fixed rate mortgage deals into a range of New Year sale products, where customers can save over £1,100.

07 Jan 2013

“Expect more lenders in 2013”, says Fluent Money

“Expect more lenders in 2013”, says Fluent Money

2013 could be the year when the secured loan market sees an increase in the number of lenders, according to industry experts.

07 Jan 2013

Precise completes busy December with £16m of loans

Precise completes busy December with £16m of loans

Precise Mortgages, the intermediary only lender, concluded 2012 with an exceptionally busy month for bridging completing on over £16million of loans.

07 Jan 2013

BM Solutions reduces BTL rates by up to 0.40%

Mortgages

BM Solutions reduces BTL rates by up to 0.40%

BM Solutions has refreshed its Buy to Let products and is reducing rates across the product range by up to 0.40% and at the same time is reducing product fees by up to 0.50%.

07 Jan 2013

Mortgage Trust starts 2013 with new range with free valuations

Mortgages

Mortgage Trust starts 2013 with new range with free valuations

Mortgage Trust kick-started the New Year today by launching a range of market leading, limited edition products.

07 Jan 2013

2013 - a year to remember for the commercial mortgage industry

Blogs

2013 - a year to remember for the commercial mortgage industry

So here we are, back at our desks after the Christmas break, a little rounder but excited and getting prepared for 2013 and all it holds.

04 Jan 2013

The Loans Engine teams up with Nemo for 90% loan

The Loans Engine teams up with Nemo for 90% loan

The Loans Engine has been selected by Nemo to be one of only a few Master Brokers to distribute its new 90% LTV secured loan product.

04 Jan 2013

Accord cut rates up to 0.40% across entire range

Mortgages

Accord cut rates up to 0.40% across entire range

The new year is starting with good news for brokers and their customers as Accord Mortgages cuts rates across its entire range.

04 Jan 2013

Coventry launches 2- and 5-year fixes from 2.49%

Mortgages

Coventry launches 2- and 5-year fixes from 2.49%

Coventry Building Society kicks off the new year with a highly competitive range of 2 and 5 year fixed rates, available from 65% LTV to 85% LTV.

04 Jan 2013

November mortgage lending by mutuals up 9% on last year

Mortgages

November mortgage lending by mutuals up 9% on last year

Building societies and other mutual lenders made £2.7 billion of mortgage loans in November 2012, up 9% compared to November 2011.

04 Jan 2013

Halifax provides FTB boost with cuts across range

Mortgages

Halifax provides FTB boost with cuts across range

Halifax has launched a number of new products and announced a succession of rate reductions across its product range in further support for homemovers and first time buyers.

04 Jan 2013

2013, the year of the monster!

2013, the year of the monster!

Before we start hypothesising about what 2013 will actually be like for the bridging market, let’s take a look back on 2012 and the highlights as well as the lowlights.

04 Jan 2013

2012 lending trend sees high-value assets as collateral

2012 lending trend sees high-value assets as collateral

borro, the UK’s leading personal asset lender, saw a host of unusual and high value assets come through the doors of its vaults in 2012 – to be used as collateral for loans.

03 Jan 2013

Platform revamps mainstream mortgage range

Mortgages

Platform revamps mainstream mortgage range

Platform is starting 2013 with a brand new, competitively priced, mainstream mortgage range, signalling its commitment to the residential mortgage market and the intermediary sector.

03 Jan 2013

MBE London 2012: Andrea Rozario, Equity Release Council

Mortgages

MBE London 2012: Andrea Rozario, Equity Release Council

We spoke to Andrea Rozario, Director General at the Equity Release Council, at the Mortgage Business Expo in London.

03 Jan 2013

Severe tenant arrears falls by 15.6% in Q4

Severe tenant arrears falls by 15.6% in Q4

The number of tenants in severe arrears has fallen for the first time in over a year, according to the latest Tenant Arrears Tracker by Templeton LPA, the specialist practice of LPA Receivers, and part of LSL Property Services plc.

03 Jan 2013

Dragonfly completes £3m loan in just five days

Dragonfly completes £3m loan in just five days

London-based short- and medium-term lender, Dragonfly Property Finance, has taken a £3m bridging loan to an offshore structure from application to completion in just five days.

03 Jan 2013

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