Latest News

Who are we to judge what funds a happy retirement?

Who are we to judge what funds a happy retirement?

No one expects retirement to be a time where you can’t have fun, treat yourself and your relatives, and be a little bit looser with your wallet than you may have been before you left work.

24 Aug 2016

Halifax slashes Help to Buy ISA rate to 2%

shutterstock_150801512.jpg

Halifax slashes Help to Buy ISA rate to 2%

Halifax has made further cuts to the rate it pays on its Help to Buy ISA.

24 Aug 2016

FAMR won't help close the advice gap, say advisers

FAMR won't help close the advice gap, say advisers

A survey of financial advisers has revealed "strong opposition" to the FCA's Financial Advice Market Review, with 60% of respondents arguing that it will not help to plug the advice gap.

24 Aug 2016

Are monthly instalment VCTs the new alternative to pensions?

Retirement

Are monthly instalment VCTs the new alternative to pensions?

A new venture capital trust has become the first to allow clients to invest in regular monthly instalments.

24 Aug 2016

CML: First-time buyers drive strong regional lending activity

shutterstock_69404605.jpg

CML: First-time buyers drive strong regional lending activity

Wales, Scotland, Northern Ireland and London all saw Q2 mortgage lending activity supported by strong first-time buyer figures, according to the latest CML statistics.

24 Aug 2016

CML: London homemovers slump 41% in Q2

CML: London homemovers slump 41% in Q2

Home buyers and home movers in London dropped by 23% and 41% respectively in Q2, according to the latest CML statistics.

24 Aug 2016

BBA: mortgage borrowing unaffected by Brexit

BBA: mortgage borrowing unaffected by Brexit

Gross mortgage borrowing in July remained 6% higher on an annual basis at £12.6bn, according to the latest BBA figures.

24 Aug 2016

FCA approves £112m Target Group acquisition

FCA approves £112m Target Group acquisition

The FCA has formally approved Target Group's acquisition by global firm Tech Mahindra.

24 Aug 2016

Shared ownership a 'lifeline' as homeownership hits record low

Shared ownership a 'lifeline' as homeownership hits record low

As homeownership reaches an all-time low, mortgage brokers are stressing the importance of shared ownership in helping first-time buyers onto the property ladder.

24 Aug 2016

Mortgage enquiries soar 55% after base rate cut

Mortgage enquiries soar 55% after base rate cut

Week on week mortgage enquiries have increased by an average of 55% since the Bank of England cut interest rates to 0.25% earlier this month, according to deVere Mortgages.

24 Aug 2016

 

MP urges housing minister to apologise over HTB ISA 'scandal'

MP urges housing minister to apologise over HTB ISA 'scandal'

Labour MP David Lammy has written to Housing and Planning Minister Gavin Barwell, calling on him to apologise on behalf of the Government for "misleading thousands of people" who signed up for a Help to Buy ISA in the hope it would help them to get on the housing ladder.

23 Aug 2016

Retirement sourcing tool announces system upgrade

Retirement sourcing tool announces system upgrade

AIR Sourcing, the recently-launched sourcing system for equity release and retirement lending products, has announced the next phase of its development which will include a number of additional features.

23 Aug 2016

The wider implications of Brexit for property funding

The wider implications of Brexit for property funding

2016 has seen some big fluctuations in the property market, with pregnancy style trimesters. From the early part of the year, statistics showed house prices dropped alongside increased activity, by investors in advance of April’s stamp duty hike. This rush to complete deals resulted in companies, like Mint Bridging, securing record bridging loan completions.

23 Aug 2016

The Right Mortgage expands compliance team

The Right Mortgage expands compliance team

The Right Mortgage and Protection Network has appointed two new compliance managers.

23 Aug 2016

HMRC: residential transactions down 0.9% post-Brexit

HMRC: residential transactions down 0.9% post-Brexit

The number of residential property transactions decreased by 0.9% between June and July to 94,550, with July's seasonally adjusted figure down 8.3% compared with the same month last year.

23 Aug 2016

95% LTV market continues to shrink

95% LTV market continues to shrink

First-time buyer deals are beginning to dwindle, with data showing that the number of 95% LTV products has fallen by 16% from the peak seen in March 2016.

23 Aug 2016

Together revamps residential range

Together revamps residential range

Together has announced rate cuts of up to 0.72% across its first and second charge mortgage ranges after launching its new five-year fixed rate product yesterday.

23 Aug 2016

Post-Brexit mortgage sales drop 15%

Post-Brexit mortgage sales drop 15%

Mortgage sales fell by 15.7% (£2.5bn) in July, with year-on-year sales down by 16.6%, according to Equifax Touchstone.

23 Aug 2016

Industry calls for delay on non-dom IHT reforms

shutterstock_110240975.jpg

Industry calls for delay on non-dom IHT reforms

The Government should delay the introduction of the non-domicile reforms until 2018 so that they can be more carefully considered, argues London Chartered Accountants Blick Rothenberg.

23 Aug 2016

AA launches into mortgage market with fixed-rate range

AA launches into mortgage market with fixed-rate range

The AA has officially launched into the mortgage market with a range of five fees-assisted mortgage products, fixed for between two and five years.

23 Aug 2016

Nicholas Clegg retires as United Trust Bank Chairman

Nicholas Clegg retires as United Trust Bank Chairman

United Trust Bank has announced that its Chairman, Nicholas Clegg CBE, is to retire after almost six decades in the banking sector.

22 Aug 2016

Sesame and PMS launch 5-year fix via Leeds

Sesame and PMS launch 5-year fix via Leeds

Sesame and PMS have launched an exclusive five-year fixed rate product to ARs of its network and members of its mortgage club via Leeds Building Society.

22 Aug 2016

House prices to fall 1% in 2017: Countrywide

House prices to fall 1% in 2017: Countrywide

UK house price growth is predicted to slow to 2.5% in 2016, before falling by 1% in 2017 due to economic uncertainty relating to Brexit.

22 Aug 2016

FTBs 'dominate' Prime London market in Q2

shutterstock_125020271.jpg

FTBs 'dominate' Prime London market in Q2

First-time buyers accounted for more than a third of purchases to "dominate the property market" in Prime London in Q2, according to Marsh & Parsons.

22 Aug 2016

Coventry relaunches three-year fixed resi range

Coventry relaunches three-year fixed resi range

Coventry for intermediaries has relaunched its range of three-year fixed rate residential products between 65-90% LTV.

22 Aug 2016

Buy to Let Club launches limited company exclusive with Precise

Buy to Let Club launches limited company exclusive with Precise

Buy to Let Club has secured a limited company exclusive with Precise Mortgages after seeing a surge in the number of buy to let loans that are being applied for via limited companies.

22 Aug 2016

Goldsmith Williams appoints Emma Coffey as Head of Sales

Goldsmith Williams appoints Emma Coffey as Head of Sales

Emma Coffey has returned to Goldsmith Williams as Head of Sales.

22 Aug 2016

Halifax launches £1,000 cashback offer

shutterstock_150801512.jpg

Halifax launches £1,000 cashback offer

Halifax is offering first-time buyers, home movers and mortgage switchers £1,000 cashback on qualifying mortgages.

22 Aug 2016

Latest Money Careers

Popular this week

Buy-to-Let Roadshow
April 2017

18th-21st April

4 days
7 specialists
4 locations
Free to attend

Click here to register now