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Broker, distributor and lender combine to complete £5m 2nd-charge bridging loan

Broker, distributor and lender combine to complete £5m 2nd-charge bridging loan

A broker, specialist distributor and bridging lender have combined resources, experience and skills to complete what is thought to be one of the largest ever second charge bridging

24 Oct 2011

Million pound homes sales hit four year high

Mortgages

Million pound homes sales hit four year high

The number of property sales worth at least a million pounds has risen to its highest level since the peak of the housing market in 2007, according to new research by Lloyds TSB.

24 Oct 2011

Over 50% of tenants 'trapped renters'

Over 50% of tenants 'trapped renters'

Rightmove’s latest Consumer Rental Forecast shows that the gap between rental demand, as measured by search activity, and supply, measured by available properties for rent, widens

24 Oct 2011

GE Money Home Lending mortgages now available to self-employed

Mortgages

GE Money Home Lending mortgages now available to self-employed

GE Money Home Lending is expanding its product range to address demand from self-employed borrowers experiencing limited choice in the market place.

24 Oct 2011

Post Office to beat business insurance renewal quotes for BTL property owners

Protection

Post Office to beat business insurance renewal quotes for BTL property owners

The Post Office is guaranteeing to beat business insurance renewal quotes for buy-to-let property owners.

24 Oct 2011

€422 million German CMBS loan extended

€422 million German CMBS loan extended

A €422m loan, secured on a portfolio comprising of 159 predominantly retail German properties, and securitised under the ‘Talisman 6’ securitisation, is one of Europe’s largest CMB

24 Oct 2011

SearchFlow team complete Ultra Challenge

Features

SearchFlow team complete Ultra Challenge

A team of 16 from Kent based property search firm SearchFlow have completed the Lake District’s Ultra Challenge on behalf of Demelza House.

24 Oct 2011

Short term development loan provider becomes 16th Affiliate Lender

Short term development loan provider becomes 16th Affiliate Lender

Goldentree Financial Services has become the latest member to join the Association of Bridging Professionals (AOBP) as an Affiliate Lender.

24 Oct 2011

15% increase in Spanish property sales

Savings & Investments

15% increase in Spanish property sales

Taylor Wimpey España, the Spanish arm of the UK house builder Taylor Wimpey Plc, have reported extremely positive sales levels for September 2011.

21 Oct 2011

Tenants gain no relief as rents rise in all regions

Tenants gain no relief as rents rise in all regions

Rents recorded monthly rises in all regions for the first time on record in September, according to the latest Buy-to-Let Index from LSL Property Services plc.

21 Oct 2011

 

Forget Flats, Houses Are The Best Buy-To-Let Bet

Forget Flats, Houses Are The Best Buy-To-Let Bet

Much has been reported in the press recently about the flight to safe havens for investments with bricks and mortar extremely high on many savvy investor lists, say Barton Wyatt.

21 Oct 2011

Rental sector solution for those unable to secure a mortgage

Mortgages

Rental sector solution for those unable to secure a mortgage

Nearly three quarters of mortgage intermediaries were unable to source a mortgage for at least one of their clients during the third quarter, helping to fuel tenant demand for the

21 Oct 2011

Nigel Stockton and Grenville Turner run New York marathon for Cancer Research UK and Shelter

Features

Nigel Stockton and Grenville Turner run New York marathon for Cancer Research UK and Shelter

The Group CEO and Financial Services Director of Countrywide will be taking part in the New York marathon on 6th November 2011 to raise money for two UK charities.

21 Oct 2011

BROKERS SHOULD RESPOND TO LENDERS’ FRAUD CLAMPDOWN

Mortgages

BROKERS SHOULD RESPOND TO LENDERS’ FRAUD CLAMPDOWN

Mortgage introducers must help to satisfy lenders’ growing appetite for due diligence across the industry, according to a Goldsmith Williams.

21 Oct 2011

Bridging finance lending reaches £800m, reveals new Bridging Finance Index

Bridging finance lending reaches £800m, reveals new Bridging Finance Index

2011 will see gross lending in bridging finance reach £800m for the first time, according to detailed projections provided by West One Loans as part of its new quarterly Bridging F

20 Oct 2011

Customers opt for record low mortgage rates

Mortgages

Customers opt for record low mortgage rates

The average interest rate of purchase and remortgages applied for by Countrywide’s customers has fallen by 2.41% over the last 3 years to 3.71% in September 2011.

20 Oct 2011

Abbey for Intermediaries change mortgage range

Mortgages

Abbey for Intermediaries change mortgage range

Abbey for Intermediaries are changing rates and fees on selected 2 year and 3 year Fixed rates and also its Flexible Offset products.

20 Oct 2011

The Co-operative Bank launches market leading 5-year fix mortgage

Mortgages

The Co-operative Bank launches market leading 5-year fix mortgage

Available immediately, the product offers a rate of 3.39% for 75% loan-to-value (LTV) or 4.24% for 85% LTV.

20 Oct 2011

THREE MILLION SET TO DROP OUT OF PENSIONS AUTO-ENROLMENT

Retirement

THREE MILLION SET TO DROP OUT OF PENSIONS AUTO-ENROLMENT

Around three million people are likely to turn their backs on landmark Government plans to automatically enrol them into a pension, report the National Association of Pension Funds

20 Oct 2011

Gross mortgage lending totalled £12.9bn in September

Mortgages

Gross mortgage lending totalled £12.9bn in September

Gross mortgage lending totalled an estimated £12.9 billion in September, report the Council of Mortgage Lenders.

20 Oct 2011

Robert Hague, Sales Director of Emerald Knight

In The Spotlight

Robert Hague, Sales Director of Emerald Knight

myintroducer.com catches up with Robert Hague, Sales Director of Emerald Knight, the socially responsible investment specialists (SRI).

20 Oct 2011

BUY TO LET BOOM TO CONTINUE INTO 2012

BUY TO LET BOOM TO CONTINUE INTO 2012

Demand for rental properties will remain strong and continue well into 2012 says Landlord Assist, the nationwide tenant eviction and referencing firm.

20 Oct 2011

FSA to give key-note speech on mortgage market outlook

Mortgages

FSA to give key-note speech on mortgage market outlook

Mortgage Business Expo 2011 has announced details of its seminar programme which will include a key-note address from the FSA on day two of the exhibition.

20 Oct 2011

Saffron Building Society reduces fees on Brightstar-exclusive Fixed BTL mortgage

Mortgages

Saffron Building Society reduces fees on Brightstar-exclusive Fixed BTL mortgage

Saffron Building Society today announces the reduction of the fee on its 4.99% Fixed (until 30.04.15) BTL mortgage, from 3% down to 2%. This product is available exclusively via sp

20 Oct 2011

Offset Mortgages - Friend or Foe?

Mortgages

Offset Mortgages - Friend or Foe?

This week, Simon Gammon of Knight Frank Finance looks at the pros and cons of offset mortgages and what borrowers should bear in mind when considering their options.

20 Oct 2011

Shapps calls for 30 year mortgages

Mortgages

Shapps calls for 30 year mortgages

Housing Minister Grant Shapps has today called on lenders to consider offering more longer-term fixed mortgages of as much as 30 years.

20 Oct 2011

Lenders support joined-up initiative to combat fraud

Mortgages

Lenders support joined-up initiative to combat fraud

Mortgage fraud has been estimated by the National Fraud Authority (NFA) to total £1 billion, accounting for around 2.5% of the £38 billion annual cost of financial crime in the UK,

19 Oct 2011

CML publishes new guidance on arrears and possessions

Mortgages

CML publishes new guidance on arrears and possessions

The CML have published new guidance to help lenders deal with mortgage arrears and possessions while complying with both the Financial Services Authority’s detailed mortgage conduc

19 Oct 2011

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