Latest News

Range of mortgage products widest in five years

Mortgages

Range of mortgage products widest in five years

Consumers’ choice of mortgages reached record levels in July 2013 with more products on offer than at any time since the housing market crash, according to the National Mortgage Index from Mortgage Advice Bureau.

20 Aug 2013

Secured lending hits another milestone in July

Secured lending hits another milestone in July

The Secured Loan Index has reported yet another milestone in secured lending in July, with the £45m barrier being broken for the first time in nearly four years, after nine of the twelve lenders reported month on month increases.

20 Aug 2013

Skipton's 3.50% 7-Year Bond goes online

Savings & Investments

Skipton's 3.50% 7-Year Bond goes online

The UK'S fourth largest building society will tomorrow boost the value it offers savers, by launching an online version of its 7-year fixed rate savings bond.

19 Aug 2013

More opportunity for advisers as consumers shop around for good deals

Mortgages

More opportunity for advisers as consumers shop around for good deals

Almost half of UK consumers class themselves as ‘savers', taking a keen interest in savings and investments, a study has revealed.

19 Aug 2013

Chelsea cuts rates across 75% LTV mortgage range

Mortgages

Chelsea cuts rates across 75% LTV mortgage range

Chelsea Building Society has today introduced a new best buy rate of 1.99% for a 75% LTV (loan to value) two year fixed rate mortgage.

19 Aug 2013

New from Santander offer '10-day special' loan rates

New from Santander offer '10-day special' loan rates

Santander is to cut 0.80% off its APR for personal loans between £15,001 and £20,000 to offer 6.8% APR for new and existing customers.

19 Aug 2013

Brown Advisory to support U.S. Expats

Savings & Investments

Brown Advisory to support U.S. Expats

Brown Advisory expands Investment Management Service to support U.S. Expats in U.K.

19 Aug 2013

Capital Bridging Finance posts first half figures

Capital Bridging Finance posts first half figures

Capital Bridging Finance the City based short term provider of funding solutions for the bridging sector has posted it's first half performance figures.

19 Aug 2013

Brokers turn to specialist commercial lenders

Brokers turn to specialist commercial lenders

Brokers turn to specialist commercial lenders to help them grow and plug gap left by high street providers

19 Aug 2013

Clydesdale and Yorkshire launch Low Start mortgages

Mortgages

Clydesdale and Yorkshire launch Low Start mortgages

Clydesdale and Yorkshire Banks today launched Low Start Mortgages through their retail network.

19 Aug 2013

 

Nationwide Building Society downgraded

Mortgages

Nationwide Building Society downgraded

Standard & Poor's have lowered Nationwide Building Society's long-term counterparty credit rating from ‘A+' to 'A'.

19 Aug 2013

Mortgages at their most affordable for 14 years

Mortgages

Mortgages at their most affordable for 14 years

The Halifax Affordability Review tracks mortgage affordability for all homebuyers in nearly 400 local authority districts (including 32 London boroughs) across the UK.

17 Aug 2013

Clive Wilson, Sales Director at Magellan Homeloans

In The Spotlight

Clive Wilson, Sales Director at Magellan Homeloans

Financial Reporter had a chat with Clive Wilson, Sales Director at the newly-launched Magellan Homeloans.

16 Aug 2013

Coventry BS launches flexible product range

Mortgages

Coventry BS launches flexible product range

Coventry Building Society launches highly competitive range; including a first time buyer rate of 4.19% available at 90% LTV and flexible products with rates from 2.65%

16 Aug 2013

Investec launches 5-year fixes on professional mortgages range

Mortgages

Investec launches 5-year fixes on professional mortgages range

Investec, the specialist bank and asset manager, has cuts rates on its Professional Mortgages range by up to 0.40%.

16 Aug 2013

Halifax makes reductions of up to 0.25%

Mortgages

Halifax makes reductions of up to 0.25%

Halifax Intermediaries have announced a set of product changes, effective today, to their homemover, first time buyer and remortgage products.

16 Aug 2013

Precise launches 3-year fix at 2-year rates

Mortgages

Precise launches 3-year fix at 2-year rates

Precise Mortgages, the intermediary lender, has launched a set of exclusive products available through a select group of packagers.

16 Aug 2013

Rents rise more slowly than inflation with a £1 increase since May

Rents rise more slowly than inflation with a £1 increase since May

Rents have risen more slowly than inflation over the last twelve months, according to the latest Buy-to-Let Index from LSL Property Services.

16 Aug 2013

BM Solutions cuts fixed rates & trackers by 0.2%

Mortgages

BM Solutions cuts fixed rates & trackers by 0.2%

BM Solutions is cutting its two-year fixed and tracker buy-to-let rates (up to 75% LT)V by 0.2%, as of tomorrow.

15 Aug 2013

'Pension liberation' schemes a scam, warns Carpenter Box

Retirement

'Pension liberation' schemes a scam, warns Carpenter Box

There has been increasing comment in the media recently about the emergence of ‘pension liberation’ schemes, which are no more than ‘pension scams’ warns Simon Fox, Managing Partner of Carpenter Box Wealth Management LLP.

15 Aug 2013

Foreign investors remain hungry for London new builds

Savings & Investments

Foreign investors remain hungry for London new builds

Foreign investors have snapped up between 65-70% of the new build homes in prime London over the past two years, according to research by Chesterton Humberts.

15 Aug 2013

Evidence mounts that fixed rate mortgage pricing has bottomed out

Mortgages

Evidence mounts that fixed rate mortgage pricing has bottomed out

Ray Boulger of independent mortgage adviser John Charcol commented on yesterday's MPC minutes and other factors influencing mortgage pricing.

15 Aug 2013

Mortgage intermediaries expect BTL business to increase

Mortgage intermediaries expect BTL business to increase

More than half of mortgage intermediaries (61%) expect to do more buy-to-let business in the next 12 months, research by Paragon Mortgages has revealed.

15 Aug 2013

AOBP appoints Rob Jupp as new Chairman

AOBP appoints Rob Jupp as new Chairman

The Association of Bridging Professionals has announced the appointment of Rob Jupp, CEO of specialist loan distributor Brightstar Financial, as its Chairman for 2013/14, effective as of September 1st 2013.

15 Aug 2013

Intermediaries' market confidence driven by remortgage prospects

Mortgages

Intermediaries' market confidence driven by remortgage prospects

Brokers working in the mortgage market are reasonably confident about its prospects for the next three months according to new research conducted by NatWest Intermediary Solutions.

15 Aug 2013

4 in 5 interest-only customers plan on downsizing to pay off loans

Mortgages

4 in 5 interest-only customers plan on downsizing to pay off loans

Around four out of five interest-only mortgage customers are relying wholly or partly on selling their house to pay off the capital, new research from equity release lender more 2 life shows.

14 Aug 2013

Buoyant BTL sector faces increasing weight of legal obligation

Eddie Goldsmith - GW

Buoyant BTL sector faces increasing weight of legal obligation

Q2 2013 has seen a significantly higher proportion of buy-to-let remortgaging, suggesting that property investors are refinancing now in preparation for further purchases later on in the year.

14 Aug 2013

3mc pilots with two lenders in one week

3mc pilots with two lenders in one week

Mortgage distributor 3mc is providing packaging support to Shawbrook Bank and Magellan Homeloans, both of whom have started piloting new mortgage products this week.

14 Aug 2013

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