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New BTL underwriting rules to cause surge in activity

New BTL underwriting rules to cause surge in activity

Fleet Mortgages believes the introduction of new underwriting rules for buy-to-let lenders by the PRA could spark a "significant increase in market activity" as landlords seek to secure finance pre-intervention.

28 Apr 2016

Kensington Mortgages prices £350m securitisation

Kensington Mortgages prices £350m securitisation

Kensington Mortgages has raised further funding in the capital markets through a new securitisation, known as Finsbury Square 2016-1.

28 Apr 2016

Land Registry: house prices fall 0.5% in March

Land Registry: house prices fall 0.5% in March

Heightened activity ahead of the stamp duty rise wasn't enough to lift overall UK house prices, which fell by 0.5% between February and March, according to Land Registry data.

28 Apr 2016

The Mortgage Lender reveals distributor panel

The Mortgage Lender reveals distributor panel

The Mortgage Lender has partnered with eight specialist distributors ahead of its launch next month.

28 Apr 2016

Nationwide: house purchase activity to fall in coming months

Nationwide: house purchase activity to fall in coming months

While UK house prices edged up 0.2% during the month of April, the annual rate of house price growth moderated to 4.9% from 5.7% in March, according to the latest Nationwide house price index.

28 Apr 2016

Lloyds Q1 profits fall 46%

Lloyds Q1 profits fall 46%

Lloyds' statutory profits almost halved to £654m in Q1 due to a £790m charge against the redemption of investor bonds known as Enhanced Capital Notes.

28 Apr 2016

LendInvest eyes move into mainstream mortgage market

LendInvest eyes move into mainstream mortgage market

LendInvest has secured a £40 million funding line from Macquarie, which will be dedicated to bridging and buy-to-let loans.

28 Apr 2016

London new home approvals fall 64%

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London new home approvals fall 64%

Approvals for new homes in London dropped by 64% annually, with just 4,320 homes granted permission in Q1 2016, according to Stirling Ackroyd.

28 Apr 2016

230,000 use pension freedoms in first year

230,000 use pension freedoms in first year

HMRC figures show in the first year of the pension freedoms, 232,000 people have accessed £4.3 billion through 516,000 payments.

27 Apr 2016

Tesco Bank launches its lowest ever five-year fixes

Tesco Bank launches its lowest ever five-year fixes

Tesco Bank has cut rates across its fixed rate products and launched its lowest ever five-year fixed rates.

27 Apr 2016

 

Improving your home and health with equity release

Improving your home and health with equity release

Spring has sprung and homeowners up and down the country will be looking to spruce up the homestead before summer comes around.

27 Apr 2016

FSE Glasgow 2016 - Second charge lending panel discussion

FSE Glasgow 2016 - Second charge lending panel discussion

This panel session explores the second charge lending market with Alistair Ewing of the Lending Channel, Neil Molyneaux of Masthaven Finance, Ian Fergusson of Shepherds Chartered Surveyors, and Rob Jupp of Brightstar Financial.

27 Apr 2016

FSE Glasgow 2016 - How tax change & welfare reform has changed financial protection need

FSE Glasgow 2016 - How tax change & welfare reform has changed financial protection need

A look at a number of reforms that give good reason to talk to personal and business clients about their financial protection needs, plus best practice in how to open and develop appropriate financial protection discussions, from Johnny Timpson at Scottish Widows.

27 Apr 2016

FSE Glasgow 2016 - Buy-to-let mortgages: a look to the future

FSE Glasgow 2016 - Buy-to-let mortgages: a look to the future

Rob Barnard of Aldermore Bank explores the ongoing evolution of the buy-to-let market, and what we think the future holds for intermediaries and landlords alike.

27 Apr 2016

FSE Glasgow 2016 - A modern look at second charge lending

FSE Glasgow 2016 - A modern look at second charge lending

While secured loans might never be classed as mainstream products, changing regulation has now insisted that they become part of every mortgage adviser's toolbag. Even if you have never considered how a secured loan might suit a client's needs, now is the time to make it a priority - Alistair Ewing of The Lending Channel discusses.

27 Apr 2016

FSE Glasgow 2016 - Debunking the myths around equity release

FSE Glasgow 2016 - Debunking the myths around equity release

Gary Webster, Head of Partnerships at Equity Release Supermarket, gives a straight-talking and honest look at equity release - including its positives and when it can be right for your clients, as well as the drawbacks.

27 Apr 2016

Industry Marathon runners raise thousands for charity

Industry Marathon runners raise thousands for charity

Well known names from across the financial services industry completed the London Marathon on Sunday to raise money for national childrens' charities.

27 Apr 2016

GDP slows to 0.4% ahead of EU referendum

GDP slows to 0.4% ahead of EU referendum

GDP increased by 0.4% in Q1, down from growth of 0.6% in Q4 2015, according to the latest ONS estimates.

27 Apr 2016

New Street partners with Intrinsic

New Street partners with Intrinsic

New Street Mortgages has announced its latest distribution expansion, partnering with Intrinsic Financial Services.

27 Apr 2016

Financial Reporter launches Buy-to-Let Roadshow

Financial Reporter launches Buy-to-Let Roadshow

Following the success of our Specialist Lending Roadshow last week, Financial Reporter is delighted to announce the launch of the Buy-to-Let Roadshow which aims to give intermediaries a better understanding of buy-to-let at venues across the UK.

27 Apr 2016

Santander mortgage lending fuels 13% profit rise

Santander mortgage lending fuels 13% profit rise

Santander UK saw a 13% rise in pre-tax profit to £532m in Q1, fuelled by strong mortgage lending.

27 Apr 2016

Scottish Friendly sees 147% rise in FUM

Scottish Friendly sees 147% rise in FUM

Scottish Friendly has announced that its funds under management have more than doubled, from £1,078m in 2014 to £2,660m in 2015 - a 147% rise.

27 Apr 2016

Barclays profits drop 25% in Q1

Barclays profits drop 25% in Q1

Barclays has reported a 25% drop pre-tax profit to £793m in Q1, down from £1.1bn in Q1 2015.

27 Apr 2016

Mint Bridging launches new lending firm

Mint Bridging launches new lending firm

Mint Bridging has entered into a joint venture with West One Loans founder Mark Abrahams to launch MB Syndicates Limited.

27 Apr 2016

FTBs and housing associations to "bear brunt" of Basel reforms

FTBs and housing associations to "bear brunt" of Basel reforms

Housing associations and homebuyers with small deposits are among those likely to bear the brunt of new proposals from the Basel Committee to revise its standardised approach for credit risk, IMLA has warned.

27 Apr 2016

Higher earners feel most positive about Lifetime ISA

Higher earners feel most positive about Lifetime ISA

Skipton Building Society has found that middle and high earners are most likely to feel that reforms to the pension system have made it easier to save for retirement.

27 Apr 2016

House prices in majority of UK remain below pre-crisis levels

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House prices in majority of UK remain below pre-crisis levels

Hundreds of thousands of UK homeowners who bought property in 2007 are likely to be stuck in negative equity, despite today's property market showing double-digit house price growth.

26 Apr 2016

FSCS increases levy for life and pensions sector

FSCS increases levy for life and pensions sector

The Financial Services Compensation Scheme has lowered its levy to £337m for 2016/17 - £26m less than its original forecast in January.

26 Apr 2016

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