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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

“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

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