Latest News

Two thirds of mortgage applicants don't know their credit score

Two thirds of mortgage applicants don't know their credit score

Two thirds of consumers who are looking to purchase a property or remortgage their existing home don’t know their current credit score, or how to find out what it is, according to research from Mortgage Advice Bureau.

16 May 2017

Mortgage debt exceeds average life insurance pay out

Mortgage debt exceeds average life insurance pay out

People are likely to be under protected for the amount of mortgage debt they have, according to Aegon's protection claims statistics.

16 May 2017

Furness BS appoints new CEO

Furness BS appoints new CEO

Furness Building Society has appointed Chris Harrison as its new permanent Chief Executive.

16 May 2017

Interest-only mortgages fall to 1.9m: CML

Interest-only mortgages fall to 1.9m: CML

Interest-only stock mortgage stock fell to 1.9 million loans in 2016, accounting for 21% of all home-owner mortgages, according to CML data.

16 May 2017

SimplyBiz adds Magellan to mortgage panel

SimplyBiz adds Magellan to mortgage panel

Specialist lender Magellan has joined the SimplyBiz Mortgages lender panel.

16 May 2017

House prices see 0.6% monthly fall: ONS

House prices see 0.6% monthly fall: ONS

Average house prices in the UK fell by 0.6% between February and March, causing annual growth to slow to 4.1% from 5.6% in the year to February, according to the latest House Price Index from the ONS.

16 May 2017

UK inflation soars to 2.7%

UK inflation soars to 2.7%

CPI inflation rose to 2.7% in April 2017, up from 2.3% in March, according to the latest ONS statistics.

16 May 2017

LendInvest joins the Home Builders Federation

LendInvest joins the Home Builders Federation

LendInvest has joined the Home Builders Federation in a bid to help property developers build more homes through better access to land, finance and skills.

16 May 2017

Virgin Money withdraws from Co-op Bank takeover

Virgin Money withdraws from Co-op Bank takeover

Virgin Money has walked away from talks regarding a takeover of Co-Operative Bank, which announced that it was commencing a sale process earlier this year.

16 May 2017

First Complete and Pink launch buy-to-let insurance system

First Complete and Pink launch buy-to-let insurance system

First Complete and Pink have launched a new buy-to-let insurance system designed to help advisers offer clients a simplified way to ensure their property investments are protected.

16 May 2017

 

Bridging applications up 123% in Q1: ASTL

Bridging applications up 123% in Q1: ASTL

The value of applications for bridging loans increased by 13.9% in Q1 compared to the previous quarter, and are up by 123% compared to the same quarter in 2016, according to the latest figures from the ASTL.

16 May 2017

Canada Life launches products through IRESS portal

Canada Life launches products through IRESS portal

IRESS has announced that two new protection products from Canada Life will be made available to intermediaries through its online comparison quote and transaction portal, The Exchange.

15 May 2017

TMW reduces ICR for lower rate tax payers

TMW reduces ICR for lower rate tax payers

From Wednesday, The Mortgage Works is adjusting its Interest Cover Ratio for lower rate tax payers by reducing the minimum ICR to 125% for buy-to-let mortgage applications.

15 May 2017

Mortgage Brain launches integrated second charge sourcing

Mortgage Brain launches integrated second charge sourcing

Mortgage Brain has launched a fully integrated second charge mortgage sourcing capability into its first charge sourcing systems.

15 May 2017

The Nottingham partners with Openwork

The Nottingham partners with Openwork

The Nottingham Building Society has announced a new partnership with financial advice network Openwork.

15 May 2017

Retirement Advantage launches lowest ever equity release rate

Retirement Advantage launches lowest ever equity release rate

Retirement Advantage has expanded its Lifestyle Options product range with 'Lifestyle Lite' which offers a monthly interest rate of 3.92% - its lowest ever rate on an equity release product.

15 May 2017

Octane Capital partners with Connect for Intermediaries

Octane Capital partners with Connect for Intermediaries

Connect for Intermediaries has become the first mortgage network to partner with new bridging lender, Octane Capital.

15 May 2017

Pepper launches limited edition five-year fixed rates

Pepper launches limited edition five-year fixed rates

Pepper Homeloans has launched limited edition five-year fixed rates starting from 2.88% on its NP1 range of residential mortgages, with free legals on all remortgages.

15 May 2017

Almost half of advisers affected by cyber attacks

Almost half of advisers affected by cyber attacks

44% of financial advisers have had direct experience of cyber attacks, with 30% experiencing them in their personal lives and 14% in their businesses, according to a survey by Intelliflo.

15 May 2017

House prices up just 0.1% for second consecutive month: Your Move

House prices up just 0.1% for second consecutive month: Your Move

House prices remained subdued in April, rising just 0.1% for the second month in succession, according to the latest England & Wales House Price Index from Your Move.

15 May 2017

TFC launches broker reward scheme

TFC launches broker reward scheme

TFC Homeloans has launched a new broker reward scheme – myTFC.

15 May 2017

In the Spotlight with Jonathan Samuels, Octane Capital

In the Spotlight with Jonathan Samuels, Octane Capital

We spoke to Jonathan Samuels, CEO of new bridging lender Octane Capital, about his goals for the firm and how the bridging sector will continue to evolve.

12 May 2017

Kensington to launch Help to Buy proposition in July

Kensington to launch Help to Buy proposition in July

Kensington Mortgages has announced its intention to launch a Help to Buy equity loan proposition, with a planned roll-out in July.

12 May 2017

Landbay introduces 0.3% retention proc fee

Landbay introduces 0.3% retention proc fee

Landbay has announced its introduction of a 0.3% procuration fee for all customer renewals once they have reached the end of their fixed discounted period.

12 May 2017

Can a new Parliament solve the broken housing market?

Can a new Parliament solve the broken housing market?

The housing market is broken. Far from being a succinct sound bite or a phrase to be bandied about in Parliament as the opposing parties go at each other this is actually a fundamental truth.

12 May 2017

Labour state pension age plans to cost £300bn: Webb

Labour state pension age plans to cost £300bn: Webb

Former Pensions Minister Steve Webb has estimated that the Labour manifesto proposal to scrap the planned pension age rise will cost £300bn.

12 May 2017

TSB launches lowest ever five-year fixed rate remortgage

TSB launches lowest ever five-year fixed rate remortgage

TSB has reduced interest rates by up to 0.15% on selected remortgages, meaning its five-year fixed rates for remortgage borrowers are now at their lowest ever, starting at 1.74% up to 60% LTV with a £995 fee.

12 May 2017

FCA enters fintech agreement with Hong Kong

FCA enters fintech agreement with Hong Kong

The FCA has entered into a co-operation agreement with the Securities and Futures Commission in Hong Kong to foster collaboration in support of fintech innovation.

12 May 2017

Latest Money Careers

Popular this week

Buy-to-let
Roadshow 2017

15th - 23rd November

4 days
7 specialists
4 locations
Free to attend

Click here to register now