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MMR 'an opportunity for intermediaries', say lenders

Mortgages

MMR 'an opportunity for intermediaries', say lenders

The MMR presents a real opportunity for intermediaries due to the expected rules around the removal of the non-advised sales process, a panel of lenders has agreed.

24 May 2012

Positive Commercial Finance launch bridging website

Positive Commercial Finance launch bridging website

Positive Commercial Finance is pleased to announce the launch of the new website for its specialised Bridging Finance department.

24 May 2012

BRIGHT GREY MAKES FURTHER IMPROVEMENTS TO ITS MENU PLANS

Protection

BRIGHT GREY MAKES FURTHER IMPROVEMENTS TO ITS MENU PLANS

Bright Grey has improved its critical illness cover for personal and business protection menu plans with changes to definitions and increased its limit for life cover.

24 May 2012

Payday lenders agree to improve codes of practice

Payday lenders agree to improve codes of practice

Payday lenders have agreed to improve their codes of practice to increase transparency and better protect vulnerable borrowers, Business Minister Norman Lamb announced today.

24 May 2012

Welsh FTBs struggle as banks reduce mortgage lending

Mortgages

Welsh FTBs struggle as banks reduce mortgage lending

Average house prices fall £419 in last 12 months, reveals the latest Welsh House Price Index from LSL Property Services/Acadametrics.

23 May 2012

Loans Warehouse complete first Secured loan in Northern Ireland

Loans Warehouse complete first Secured loan in Northern Ireland

Secured loans broker, Loans Warehouse, has recently completed the first secured loan in Northern Ireland since the credit crunch, through their unlimited LTV lender, Evolution Mone

23 May 2012

IMLA: the great housing debate continues

Mortgages

IMLA: the great housing debate continues

As debate about the UK housing market continues, the IMLA comments on recent findings and discussions.

23 May 2012

Bridging loan industry breaks £1bn barrier

Bridging loan industry breaks £1bn barrier

The value of the bridging loan industry has broken the £1 billion barrier for the first time, according to detailed projections from West One Loans.

23 May 2012

Eurozone Money And Strong Domestic Demand Drives Growth In Central London

Legal

Eurozone Money And Strong Domestic Demand Drives Growth In Central London

Property consultancy EA Shaw, in its spring residential market update for its central London patch, reports an increase of 78% in instructions in the first quarter of 2012 compared

23 May 2012

Rental market update 2012

Rental market update 2012

2012 is showing signs, as predicted last year, of rents starting to stabilise, report Designs on Property Ltd.

23 May 2012

 

Retail sector will experience most insolvencies in 2012

Latest News

Retail sector will experience most insolvencies in 2012

Insolvency Practitioners: "Retail sector will experience most insolvencies in 2012", as depressed retail sales figures released today, report R3.

23 May 2012

Coventry Building Society launches BTL capped tracker

Coventry Building Society launches BTL capped tracker

Coventry Building Society is launching a unique Buy to Let capped tracker.

22 May 2012

Expats move UK pensions to safeguard against eurozone crisis

Retirement

Expats move UK pensions to safeguard against eurozone crisis

Deficits in FTSE350 companies’ pension funds have soared to an alarming £92 billion, according to latest estimates, thanks largely to the escalating turmoil in the eurozone.

22 May 2012

ONS reports static house price movement

Mortgages

ONS reports static house price movement

UK house prices in March 2012 were 0.4 per cent lower than a year earlier according to the latest House Price Index from the ONS.

22 May 2012

Alliance Trust Savings cautions against advisers delaying platform review

Savings & Investments

Alliance Trust Savings cautions against advisers delaying platform review

Alliance Trust Savings has encouraged IFAs to push ahead with a review of their platform strategy amid rumours of RDR delays.

22 May 2012

Brokers' positive outlook on the BTL market

Brokers' positive outlook on the BTL market

Demand for BTL shows no signs of weakening as almost two thirds of brokers expect to do more mortgage business with landlords this year, according to the latest Nationwide survey.

22 May 2012

Rein in ‘payday lenders’, say 93% of GB population

Rein in ‘payday lenders’, say 93% of GB population

Changes need to be made in order to protect consumers from ‘payday loan’ lenders, according to new research by insolvency trade body R3.

22 May 2012

UK pension savings hit record low

Retirement

UK pension savings hit record low

UK pension savings hit an all time low according to the Scottish Widows Pensions Report 2012 with only 46% of people saving enough for their retirement.

21 May 2012

Y3S: We'll help every broker generate new income streams

Y3S: We'll help every broker generate new income streams

Y3S says that it's still concerned that many mortgage brokers are missing out on lucrative earning opportunities by not offering specialist finance products to its clients where a

21 May 2012

New sellers fail to raise house prices in May

Mortgages

New sellers fail to raise house prices in May

House sellers failed to raise their asking prices in the month of May for the first time in 11 years, according to today's Rightmove house price index.

21 May 2012

Gross mortgage lending falls 19%

Mortgages

Gross mortgage lending falls 19%

Gross mortgage lending declined to an estimated £10.2 billion in April, according to the Council of Mortgage Lenders.

21 May 2012

NS&I announces rate change to its investment account

Savings & Investments

NS&I announces rate change to its investment account

NS&I’s Investment Account returns to general sale today with an increased interest rate of 0.75%

21 May 2012

Drawdown customers are warned to prepare for their income to halve

Savings & Investments

Drawdown customers are warned to prepare for their income to halve

MGM Advantage is warning customers in income drawdown contracts coming up for review to prepare themselves for an income shock.

21 May 2012

Pensioners own property worth £743.07 Billion

Retirement

Pensioners own property worth £743.07 Billion

Over-65 homeowners lose £6.38 billion in past three months, Key Retirement Solutions Pensioner Property Index shows.

21 May 2012

Funds being labelled as ‘risk-rated' are misleading advisers and investors

Savings & Investments

Funds being labelled as ‘risk-rated' are misleading advisers and investors

Applying a risk-rating to existing funds without changing the way they are managed can be misleading for both financial advisers and retail investors, says Skandia Investment Group

21 May 2012

A serious matter this week

A serious matter this week

The NACFB has been looking at anti money laundering regulation recently.

21 May 2012

LV= adds discretionary fund manager to SIPP

Protection

LV= adds discretionary fund manager to SIPP

LV= has added fund manager Charles Stanley to its discretionary fund management service for SIPP clients.

21 May 2012

Tenants see rent rises return

Tenants see rent rises return

Rents rose for the first time in three months in April, according to the latest Buy-to-Let Index from LSL Property Services plc.

18 May 2012

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