Latest News

The House Crowd reaches £1m of crowdfunded investment

Savings & Investments

The House Crowd reaches £1m of crowdfunded investment

Launched in early 2012 as the UK’s original crowdfunded property investment company, The House Crowd has recently surpassed £1 million of crowdfunded investment in its innovative approach to property investment.

24 Jan 2013

2013 could see interest in ‘micro mortgages’

Mortgages

2013 could see interest in ‘micro mortgages’

This year could see an increased interest in ‘micro mortgages’ according to Cheshire Mortgage Corporation.

23 Jan 2013

Turkey – a key investment location for 2013

Blogs

Turkey – a key investment location for 2013

Growing tourism, a stable economy, and a healthy appetite for lending are all making Turkey a key investment location for British buyers this year.

23 Jan 2013

Five-year fixed rates are lowest since 2007

Mortgages

Five-year fixed rates are lowest since 2007

The average five-year fixed rate for mortgage borrowers in December 2012 was better than at any point since before the recession, according to the latest National Mortgage Index from the Mortgage Advice Bureau.

23 Jan 2013

Remortgage levels down 13.0% in December

Mortgages

Remortgage levels down 13.0% in December

Monthly gross remortgage lending fell by £404m in December to £2.7bn. This is down 13.0% on the £3.1bn reported by the CML for November.

23 Jan 2013

Remortgage business levels on the increase

Mortgages

Remortgage business levels on the increase

Broker Conveyancing, the broker-focused conveyancing distributor, has today announced an increase in the amount of remortgage business it has seen during the fourth quarter of 2012.

22 Jan 2013

Chelsea cuts rates as they aim for top of the table

Mortgages

Chelsea cuts rates as they aim for top of the table

Borrowers looking to reduce and fix their biggest monthly outgoing may be able to save by switching to one of Chelsea Building Society's latest mortgages.

22 Jan 2013

AOBP adds Capital Bridging Finance to lender panel

AOBP adds Capital Bridging Finance to lender panel

The Association of Bridging Professionals is proud to announce that Capital Bridging Finance has been accepted as an Associate Lender of the AOBP, bringing the total number of lenders to 21.

22 Jan 2013

Leeds cuts rates by 0.70% to help FTBs

Mortgages

Leeds cuts rates by 0.70% to help FTBs

Leeds Building Society has reduced the rate on its 2 year fixed rate shared ownership mortgage, available up to 95% borrower’s share, by 0.70% to 4.99%.

22 Jan 2013

Masthaven reduces rates across secured range by up to 0.80%

Masthaven reduces rates across secured range by up to 0.80%

Masthaven Secured Loans has today announced 'substantial' improvements to its product range.

22 Jan 2013

 

The year of the comeback

Matt Tristram - LW

The year of the comeback

The green shoots of recovery definitely came through last year and the latest figures from the Secured Loan Index provided compelling evidence, revealing secured loan lending in 2012 totaled £351.9m- a 23% increase on the overall amount lent in 2011.

21 Jan 2013

New sellers increased by 22% in 2012, says Rightmove

Mortgages

New sellers increased by 22% in 2012, says Rightmove

According the Rightmove's latest House Price Index, prices rose slightly to an average of £229,429, up 0.2% from December.

21 Jan 2013

Annuities to pay almost £15k less than three years ago

Retirement

Annuities to pay almost £15k less than three years ago

The latest MGM Advantage Annuity Index reveals average annuity rates fell by 2.5% in the last quarter of 2012, the seventh successive quarter rates have reduced.

21 Jan 2013

Defaqto host first-ever DFM event for financial advisers

Savings & Investments

Defaqto host first-ever DFM event for financial advisers

On the 26th February, independent financial research company Defaqto will be hosting the first industry event aimed at advisers focusing specifically on selecting and using Discretionary Fund Managers.

21 Jan 2013

CML: Gross mortgage lending reached £11.7bn in Dec

Mortgages

CML: Gross mortgage lending reached £11.7bn in Dec

Gross mortgage lending in December reached an estimated £11.7 billion, according to the Council of Mortgage Lenders.

21 Jan 2013

TBMC lowers 3-year fix BTL rate with Skipton

Mortgages

TBMC lowers 3-year fix BTL rate with Skipton

TBMC, the buy-to-let and commercial mortgage specialist, is now offering two new 3 year fixed rate buy-to-let mortgages with Skipton Building Society; a 3.79% fixed rate up to 65% LTV and a 4.19% fixed rate up to 75% LTV.

21 Jan 2013

Scotland is UK's second most affordable place to get a mortgage

Mortgages

Scotland is UK's second most affordable place to get a mortgage

Mortgage payments as a proportion of income have fallen by more than two-fifths in Scotland in recent years, from a peak of 38% in Q4 2007 to 22% in Q4 2012, according to new Bank of Scotland research.

21 Jan 2013

Lloyds makes £6.5bn commitment to FTBs

Mortgages

Lloyds makes £6.5bn commitment to FTBs

Lloyds Banking Group has unveiled the UK's largest commitment to support first time buyers by committing to lend £6.5 billion to help customers make their first step on to the property ladder in 2013.

21 Jan 2013

Mansfield joins Complete FS lender panel

Mansfield joins Complete FS lender panel

As part of its move to engage with lenders tuned into the needs of intermediary clients, Complete FS, the South Coast based national mortgage distributor and packager has appointed Mansfield Building Society to its lender panel.

21 Jan 2013

Mayfair Bridging focuses on investor protection in P2P schemes

Mayfair Bridging focuses on investor protection in P2P schemes

Ensuring that all possible precautions have been taken to protect investors should be at the heart of every peer to peer offering, according to short term lender, Mayfair Bridging.

21 Jan 2013

Shawbrook completes commercial mortgage in four days

Mortgages

Shawbrook completes commercial mortgage in four days

Shawbrook Bank has completed its fastest commercial mortgage deal from valuation to completion in just four days.

21 Jan 2013

Platform reduces fixed rates by up to 0.30%

Mortgages

Platform reduces fixed rates by up to 0.30%

Platform has today reduced the rates on its fixed rate mainstream mortgages by up to 0.30%.

18 Jan 2013

Brokers are fighting for fairer insurance payouts, says BIBA

Protection

Brokers are fighting for fairer insurance payouts, says BIBA

New research has revealed that insurers are becoming stricter on paying claims in the economic downturn.

18 Jan 2013

Clydesdale Bank takes new approach to interest-only

Mortgages

Clydesdale Bank takes new approach to interest-only

Clydesdale Bank is introducing changes to its mortgage range that will see it take an innovative approach to Interest Only mortgages, it has announced today.

18 Jan 2013

Tenants struggle despite rent drops in December

Tenants struggle despite rent drops in December

Rents in December fell to levels last seen in August 2012 as landlords looked to avoid empty properties, according to the latest Buy-to-Let Index from LSL Property Services.

18 Jan 2013

Bridgewater announces first Equity Release masterclass of 2013

Retirement

Bridgewater announces first Equity Release masterclass of 2013

Bridgewater Equity Release, the home reversion specialists, has today announced details of its first Equity Release Advice Masterclass for 2013.

17 Jan 2013

32% of homeowners will cut back to meet mortgage payments in 2013

Latest News

32% of homeowners will cut back to meet mortgage payments in 2013

The latest Legal & General Mortgage Mood survey reveals that almost a third (32%) of homeowners in the UK believes they will have to cut back on spending in 2013 to meet mortgage repayments.

17 Jan 2013

Strong rise in pension referrals by non-pension professionals

Retirement

Strong rise in pension referrals by non-pension professionals

More and more non-pension professionals such as mortgage advisers, accountants and solicitors (amongst others) are referring clients for potential pension transfers and gaining ancillary incomes for themselves.

17 Jan 2013

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