Latest News

Furness BS launches 90% LTV at 1.99%

Furness BS launches 90% LTV at 1.99%

Furness Building Society has launched two variable rate products at 90% LTV.

15 Aug 2016

Property prices drop 1.2% in July

Property prices drop 1.2% in July

The price of property coming to market fell by 1.2% (-£3,602) last month, due to Brexit uncertainty and a seasonal summer slowdown, according to Rightmove.

15 Aug 2016

Leeds BS launches 1.60% HTB rate

Leeds BS launches 1.60% HTB rate

Leeds Building Society has refreshed its Help to Buy equity range with a two-year fixed rate at 1.60%.

15 Aug 2016

Confidence in lending market unchanged since Brexit

Confidence in lending market unchanged since Brexit

Confidence in the current lending environment remains unchanged for property investors, despite Brexit uncertainty, according to a Shawbrook survey.

15 Aug 2016

Over £6bn invested in drawdown post-freedoms

Over £6bn invested in drawdown post-freedoms

The ABI's first full-year figures since the pension freedoms show that £6.1 billion has been invested in over 90,700 drawdown products.

15 Aug 2016

Enterprise Finance upgrades broker portal

Enterprise Finance upgrades broker portal

Enterprise Finance has upgraded its recently-launched Apex broker portal with an enhanced ‘milestone’ case tracking system.

15 Aug 2016

Equity boost pushes homemover market to nine-year high

Equity boost pushes homemover market to nine-year high

The number of homemovers increased by 9% in H1 compared with the same period in 2015, according to Lloyds Bank research.

13 Aug 2016

In the Spotlight with Brian Brodie, Freedom Finance

In the Spotlight with Brian Brodie, Freedom Finance

We spoke to Brian Brodie, Group CEO of Freedom Finance, about the acquisition of Sensible Home Finance and utilising technology within the loan market.

12 Aug 2016

Skipton increases maximum loan size in policy revamp

Skipton increases maximum loan size in policy revamp

Skipton Building Society has introduced new policy enhancements that will be applied across its entire mortgage range.

12 Aug 2016

Leeds scraps maximum tenancy period on BTL mortgages

Leeds scraps maximum tenancy period on BTL mortgages

Leeds Building Society has announced that it will no longer stipulate a maximum tenancy period on its buy-to-let mortgages and will accept agreements for a period to suit both the tenant and the landlord.

12 Aug 2016

 

Demand for gold surges 50% after Bank Rate cut

Demand for gold surges 50% after Bank Rate cut

The Royal Mint has announced a surge in demand for gold in the first week of August after the Bank of England cut interest rates to 0.25%.

12 Aug 2016

McDermott defends FCA whistleblowing conduct

McDermott defends FCA whistleblowing conduct

Former acting chief executive of the FCA, Tracey McDermott, has maintained that the regulator "acted properly" by not treating a case presented to it as whistleblowing.

12 Aug 2016

Nationwide mortgage lending up 26% to £8.6bn

Nationwide mortgage lending up 26% to £8.6bn

Nationwide's gross mortgage lending totalled £8.6bn in Q1 - up 26% compared to the previous year and representing a market share of 15%.

12 Aug 2016

The importance of technology training

The importance of technology training

With mortgage technology moving ahead so quickly, training is essential if brokers are to work efficiently. Whether it's meeting consumers' needs, working to a new directive, or simply not falling foul of the FCA, knowledge of the latest systems is a crucial weapon in the brokers' armoury.

12 Aug 2016

Online mortgage lender BlueZest reveals launch plans

Online mortgage lender BlueZest reveals launch plans

Online lending company BlueZest will launch later this year, offering a range of products including mortgages and secured loans.

12 Aug 2016

Retirement advisers call for guaranteed income innovation

Retirement

Retirement advisers call for guaranteed income innovation

67% of advisers want to see more solutions which can guarantee a level of income in retirement and safeguard savings against volatility.

12 Aug 2016

more 2 life launches 4.69% lifetime mortgage

more 2 life launches 4.69% lifetime mortgage

more 2 life has launched its lowest ever lifetime mortgage rate at 4.69%.

12 Aug 2016

Virgin Money launches sub-2% three-year fixed range

Virgin Money launches sub-2% three-year fixed range

Virgin Money has updated its mortgage range with a number of rate reductions on its three and five-year fixed rate residential mortgages.

11 Aug 2016

Kuflink appoints senior case manager

Kuflink appoints senior case manager

Kuflink Bridging has appointed Danielle Comrie as Senior Case Manager in the company’s head office in Gravesend.

11 Aug 2016

Accord launches ERC-free tracker range

Accord launches ERC-free tracker range

Accord has launched a range of new tracker mortgages with no early repayment charges.

11 Aug 2016

Manchester BS PIBS payments under threat due to capital position

Manchester BS PIBS payments under threat due to capital position

Manchester Building Society predicts that it will not meet the qualitative standards for the level of CET1 regulatory capital, and as a result will not be able to pay its Permanent Interest Bearing Shares coupons scheduled for October.

11 Aug 2016

Mortgage arrears fall to record low

Mortgage arrears fall to record low

The number of mortgages in arrears continued to fall in Q2, hitting its lowest level since records began over 20 years ago, according to the CML.

11 Aug 2016

Mansfield BS launches five-year fixed BTL at 3.29%

Mansfield BS launches five-year fixed BTL at 3.29%

Mansfield Building Society has launched a five-year fixed rate buy-to-let mortgage at 3.29%.

11 Aug 2016

Just 4% of brokers would change Brexit vote

Just 4% of brokers would change Brexit vote

92% of brokers would vote the same way on Brexit having seen the immediate aftermath of the decision on the sector.

11 Aug 2016

RICS: buyer enquiries decline sharply in July

RICS: buyer enquiries decline sharply in July

July saw a further slowing in house price inflation, with further decreases expected in the coming months, according to the RICS Residential Market Survey.

11 Aug 2016

Aldermore profits rise 45% in H1

Aldermore profits rise 45% in H1

Aldermore's underlying profit before tax rose by 45% in H1 to £63m.

11 Aug 2016

Aegon becomes UK's biggest platform with Cofunds acquisition

Aegon becomes UK's biggest platform with Cofunds acquisition

Aegon has confirmed the acquisition of Cofunds from Legal & General in a £140m deal, creating the UK’s largest platform business.

11 Aug 2016

Annual house price growth slows to 5.5%

Annual house price growth slows to 5.5%

Uncertainty following the Referendum has caused a 20% drop in housing transactions and a dip in annual house price growth to 5.5%.

11 Aug 2016

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