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House prices rise by 0.3% in September: Nationwide

House prices rise by 0.3% in September: Nationwide

Annual house price growth slowed from 5.6% to 5.3% in September, however house prices are 'showing reslience' with a 0.3% monthly rise, according to the latest Nationwide house price index.

30 Sep 2016

Government confirms end of Help to Buy guarantee scheme

Government confirms end of Help to Buy guarantee scheme

The Government has confirmed that the Help to Buy mortgage guarantee scheme will no longer be available after 2016.

29 Sep 2016

Rising house prices drives mortgage lending growth in August

Rising house prices drives mortgage lending growth in August

The Bank of England Money and Credit report, released today, shows that mortgage lending continued to grow in August.

29 Sep 2016

Yorkshire BS announces further fixed rate reductions

Yorkshire BS announces further fixed rate reductions

Yorkshire Building Society has announced that as of tomorrow it will be reducing rates for borrowers looking to secure either a short or longer term fix.

29 Sep 2016

L&G improves adviser software for 'greater control'

L&G improves adviser software for 'greater control'

Legal & General have taken further steps to improve its OLP Connect software, making life easier for advisers and their clients.

29 Sep 2016

Calls for ‘Funeral Payment Pledge’ from insurers

Calls for ‘Funeral Payment Pledge’ from insurers

Insurers have been urged to do more to help bereaved families who face delays receiving the proceeds of a life policy after their claim has been agreed.

29 Sep 2016

Help to Buy figures show mortgage market 'still open for business'

Help to Buy figures show mortgage market 'still open for business'

Quarterly statistics from the Treasury on the Help to Buy: mortgage guarantee scheme show that 86,341 mortgages have now been completed through the scheme.

29 Sep 2016

More 2 life calls for more advisers in lifetime lending sector

More 2 life calls for more advisers in lifetime lending sector

Innovative equity release lender, more 2 life, is calling for more advisers to enter the lifetime lending sector and make unlocking equity part of every retirement planning discussion.

29 Sep 2016

Clever Lending appoints Mansfield BS to first charge panel

Clever Lending appoints Mansfield BS to first charge panel

Master broker Clever Lending has appointed Mansfield Building Society to its first charge lender panel.

29 Sep 2016

Deposits, not mortgage availability, holding back eager FTBs

Deposits, not mortgage availability, holding back eager FTBs

New research, the first in a new quarterly series published today by Aldermore, the specialist lender and savings bank, shows that the number of prospective first-time buyers planning to get on the housing ladder has remained the same despite uncertainty following the EU referendum.

29 Sep 2016

 

Majority of homeowners under 40 have no CI cover

Majority of homeowners under 40 have no CI cover

More than half of homeowners aged 40 and under do not have critical illness cover for their monthly mortgage payment and household expenditure and more worryingly, 43% of 18-24 year olds who own a property don’t know what critical illness cover is.

29 Sep 2016

The Mansfield launches 95% LTV three-year fix

The Mansfield launches 95% LTV three-year fix

Mansfield Building Society has launched a 95% LTV three-year fixed rate mortgage at 3.95% aimed at both first and second time home buyers.

28 Sep 2016

FCA to introduce new senior accountability rules

FCA to introduce new senior accountability rules

The FCA plans to introduce further measures to the Senior Managers’ and Certification Regime to "reinforce the importance of individual accountability at the most senior level of organisations".

28 Sep 2016

Dudley BS cuts fixed rates by up to 0.45%

Dudley BS cuts fixed rates by up to 0.45%

Dudley Building Society has announced reductions to its fixed rate residential mortgages for purchase and remortgage by as much as 0.45%.

28 Sep 2016

Tesco Bank launches new fixed-rate range

Tesco Bank launches new fixed-rate range

Tesco Bank has launched a new range of two, three, and five year fixed rate mortgage products for home buyers.

28 Sep 2016

RBS pays $1.1bn to settle mortgage security mis-selling claims

RBS pays $1.1bn to settle mortgage security mis-selling claims

Royal Bank of Scotland has agreed to pay $1.1bn to settle two lawsuits relating to the mis-selling of mortgage-backed securities in the run up to the financial crisis.

28 Sep 2016

BoE's Shafik predicts further easing as economy faces "sizeable shock"

BoE's Shafik predicts further easing as economy faces "sizeable shock"

Minouche Shafik, Deputy Governor for Markets and Banking at the Bank of England, says that “there is no doubt in my mind that the UK is experiencing a sizeable economic shock in the wake of the referendum".

28 Sep 2016

The Cambridge launches 'non-standard' range

The Cambridge launches 'non-standard' range

The Cambridge has launched three new products aimed at supporting the recently self-employed and those with an imperfect credit history.

28 Sep 2016

Post Office launches 2.59% seven-year fix

Post Office launches 2.59% seven-year fix

Post Office Money Mortgages has launched its first ever seven-year fixed rate mortgage at 2.59% up to 75% LTV.

28 Sep 2016

Interest rate cut sparks 45% remortgage rise

Interest rate cut sparks 45% remortgage rise

The number of remortgage loans surged to 36,195 in August - an 8% increase from 33,400 in July and a 45% increase year-on-year to reach its highest level in over seven years, according to LMS.

28 Sep 2016

MAB to launch in Australia

MAB to launch in Australia

Mortgage Advice Bureau has revealed plans to extend its distribution outside the UK with a new joint venture in Australia.

28 Sep 2016

Investment fraudster's sentence extended for 20 months

Legal

Investment fraudster's sentence extended for 20 months

The owner of a fraudulent investment scheme has had his prison sentence extended by 603 days for failing to pay the full value of a confiscation order made against him.

27 Sep 2016

Income, spending and debt

Income, spending and debt

In a simple world, during our working lives we receive income as a result of our endeavours, from which we spend and put aside any remaining surplus to save for the future. We take on debt to smooth the strain on our income when large purchases occur, for example, a home improvement.

27 Sep 2016

L&G Retirement on track to double sales in 2016

L&G Retirement on track to double sales in 2016

Legal & General says its Retirement Division is on track to double its new business sales in 2016, with sales now up from £2.9 billion in 2015 to £5.4 billion.

27 Sep 2016

Mortgage Brain and iPipeline announce protection partnership

Mortgage Brain and iPipeline announce protection partnership

iPipeline’s SolutionBuilder and Mortgage Brain’s CRM system have integrated to give advisers instant access to multi-benefit protection quotes.

27 Sep 2016

Bridging firm sees "significant rise" in enquiries post-Referendum

Bridging firm sees "significant rise" in enquiries post-Referendum

First 4 Bridging, the bridging loan master broker and packager, says it has seen a 30-40% increase in broker enquiries on bridging and development finance cases since the result of the EU Referendum.

27 Sep 2016

Pink and First Complete add The Mortgage Lender to panels

Pink and First Complete add The Mortgage Lender to panels

Pink and First Complete networks have added The Mortgage Lender to their panels.

27 Sep 2016

Paradigm adds New Street Mortgages to panel

Paradigm adds New Street Mortgages to panel

Paradigm Mortgage Services has expanded its lender panel with the addition of intermediary lending brand New Street Mortgages.

27 Sep 2016

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