Latest News

Advisers expect pensions to keep them busy in 2013

Retirement

Advisers expect pensions to keep them busy in 2013

A survey of Avelo’s Exchange users has found that pensions/retirement planning continues to be the area in which advisers expect to be the busiest in 2013 with almost 30% of those surveyed anticipating demand for retirement advice.

11 Jan 2013

Cold weather acting as catalyst for overseas property purchases

Blogs

Cold weather acting as catalyst for overseas property purchases

The harsh winter weather often leads people to think about owning a place in the sun, and with Britain set to plunge into freezing temperatures with heavy snow showers next week, this could well be the catalyst for taking some action.

11 Jan 2013

Halifax boosts NewBuy offering

Mortgages

Halifax boosts NewBuy offering

From today - January 11th - Halifax will allow purchasers who are part exchanging their current home to purchase their next property through the NewBuy scheme.

11 Jan 2013

Pension charges to be made clearer to UK savers, says ABI

Retirement

Pension charges to be made clearer to UK savers, says ABI

Members of the ABI have today announced an agreement to ensure the consistent and straightforward disclosure of pension charges and costs to employees in workplace pension schemes.

11 Jan 2013

Hinckley & Rugby cuts rates to below 3%

Mortgages

Hinckley & Rugby cuts rates to below 3%

Hinckley & Rugby Building Society has today cut the interest rates of two of its key mortgages to below three per cent. Both are available at up to 80% loan-to-value.

11 Jan 2013

House prices stable in December - but climbed £7000 in 2012

Legal

House prices stable in December - but climbed £7000 in 2012

According to the LSL Property Services/Acadametrics House Price Index, house prices remained stable in December - but showed a climb of 3.2% throughout 2012.

11 Jan 2013

Capital Bridging welcome Masthaven's move into Scotland

Capital Bridging welcome Masthaven's move into Scotland

In the wake of the Cheval departure from the sector Keith Aldridge, Principal at Capital Bridging Finance is delighted Masthaven have filled the gap in the Scottish market.

11 Jan 2013

Nationwide cuts fixed rates to as low as 2.69%

Mortgages

Nationwide cuts fixed rates to as low as 2.69%

From Friday 11 January, Nationwide Building Society is reducing its three, four and five year fixed rates by 0.10%.

11 Jan 2013

Funding Circle powers past £70m

Funding Circle powers past £70m

Funding Circle, the online marketplace where people lend money directly to businesses, has passed the £70 million lent milestone.

10 Jan 2013

Mortgage prisoners finally freed in 2013, says Springtide Capital

Mortgages

Mortgage prisoners finally freed in 2013, says Springtide Capital

Mortgage broker Springtide Capital says this year, many people who have previously been unable to move home owing to complicated financial circumstances will now be able to move house.

10 Jan 2013

 

The Pensions Regulator sets standards for DC schemes

Retirement

The Pensions Regulator sets standards for DC schemes

Standards that defined contribution pension schemes should meet to increase the chance of individuals receiving good outcomes from their retirement savings are published today by The Pensions Regulator.

10 Jan 2013

Consumer lending sees steady growth

Consumer lending sees steady growth

Consumer credit lending figures for November 2012, released today by the Finance & Leasing Association, show continued steady growth of six per cent compared with the same period last year.

10 Jan 2013

Yorkshire reduces rates by up to 0.35% across range

Mortgages

Yorkshire reduces rates by up to 0.35% across range

Yorkshire Building Society is starting the New Year by cutting rates across its mortgage range and taking its products up to the top of the best buy tables.

10 Jan 2013

Annuity income suffers biggest fall since 1998

Retirement

Annuity income suffers biggest fall since 1998

New research by Investment Life and Pensions Moneyfacts has revealed that the average annual income generated by a standard annuity for a 65-year old male fell by 11.5% during 2012.

09 Jan 2013

Peer-to-peer lending - the £1bn mark is in sight

Peer-to-peer lending - the £1bn mark is in sight

Regulation, frustration for businesses looking for funding and low interest rates on savings are set to fuel a rise in interest in peer-to-peer lending, according to MD of rebuildingsociety.com, Dan Rajkumar.

09 Jan 2013

Islamic Bank diversifies Sharia compliant range with rent-only product

Mortgages

Islamic Bank diversifies Sharia compliant range with rent-only product

Islamic Bank of Britain, the UK’s only wholly Sharia compliant retail bank, has diversified its Sharia compliant Buy to Let Purchase Plan product range with the launch of a rent only BTLPP.

09 Jan 2013

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

Popular this week

Specialist Lending Roadshow 2017

20th - 28th September

4 days
7 specialists
4 locations
Free to attend

Click here to register now