Latest News

Ratesetter appoints Target for standby servicing

Ratesetter appoints Target for standby servicing

Target Group, the financial services outsourcing and software business, has been appointed to provide standby servicing to peer-to-peer lending platform Ratesetter.

19 Apr 2016

The Mortgage Lender reveals range and launch plans

The Mortgage Lender reveals range and launch plans

The Mortgage Lender is set to launch in May and has revealed the key features of its product range which is aimed at the self-employed, lending into retirement and impaired credit lending.

19 Apr 2016

Tesco Bank enters mortgage intermediary market

Tesco Bank enters mortgage intermediary market

Tesco Bank has announced its launch into the broker market with Tesco Mortgage Intermediaries.

19 Apr 2016

FHL completes 95% of cases before SDLT deadline

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FHL completes 95% of cases before SDLT deadline

Foundation Home Loans has reported that over 94% of packaged cases received by the end of January completed or were ready for completion prior to the Stamp Duty deadline.

19 Apr 2016

The Mansfield sees 9.5% mortgage asset growth

The Mansfield sees 9.5% mortgage asset growth

Mansfield Building Society has reported a 9.5% year on year growth in mortgage assets in its annual Report and Accounts for the year ending 31 December 2015.

19 Apr 2016

Winners of the Financial Reporter Awards 2016 announced!

Winners of the Financial Reporter Awards 2016 announced!

Financial Reporter is delighted to announce the winners of its 2016 Awards, which saw you vote in record numbers to support industry excellence.

19 Apr 2016

The Right Mortgage & Protection adds 3mc to panel

The Right Mortgage & Protection adds 3mc to panel

3mc has been appointed to provide a specialist mortgage desk and packaging support service to members of The Right Mortgage & Protection Network.

19 Apr 2016

Together announces record-breaking March

Together announces record-breaking March

Specialist finance provider Together completed £105 million new lending in March 2016, with a total of 697 loans across its range of products which includes first and second charge mortgages, short-term finance, auction finance and commercial loans.

19 Apr 2016

19th April marks Mortgage Freedom Day

19th April marks Mortgage Freedom Day

19 April is this year's UK Mortgage Freedom Day - the day when new borrowers will have earned enough to pay off the annual cost of their mortgage.

19 Apr 2016

Chaseblue Loans appoints former Nemo staff

Chaseblue Loans appoints former Nemo staff

Two staff formerly of Nemo Personal Finance have joined Chaseblue Loans.

18 Apr 2016

 

Average London deposit hits £127,000

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Average London deposit hits £127,000

The average deposit paid for a Greater London property is nearly three times larger than a home outside the capital, despite deposit sizes as a proportion of purchase prices falling nationally by 1.81% to 25.77%, according to research by My Home Move.

18 Apr 2016

Treasury: Brexit will cause 6% drop in GDP

Treasury: Brexit will cause 6% drop in GDP

Britain will be worse off by £4,300 a year per household if Britain votes to leave European Union, according to the Treasury.

18 Apr 2016

Positive Lending appoints new Compliance Director

Positive Lending appoints new Compliance Director

Positive Lending has announced the appointment of Alec Wimbleton as Compliance and Business Assurance Director.

18 Apr 2016

Use both sides of the paper if necessary

Use both sides of the paper if necessary

The NACFB has now completed its own application for full permission through the FCA, but as many of our members have found, the job isn't simply done from the moment the permission is granted.

18 Apr 2016

"Significant proportion" still unaware of FTB schemes

"Significant proportion" still unaware of FTB schemes

A significant proportion of the UK are still unaware of the numerous government schemes aimed at supporting first time buyers, according to Precise Mortgages.

18 Apr 2016

BTL rush drives house prices to record high

BTL rush drives house prices to record high

The average price of property coming to market rose by £3,843 this month to hit a new record high of £307,033, according to the latest Rightmove house price index.

18 Apr 2016

New equity release sourcing system launches

New equity release sourcing system launches

A new sourcing system for equity release and retirement lending products being launched in May will be available to advisers free of charge and will offer products with enhanced terms for members of the Equity Release Club and Later Life Academy.

18 Apr 2016

Barnard & Spinks join Pepper management team

Rob Barnard - Aldermore

Barnard & Spinks join Pepper management team

Rob Barnard and Richard Spinks have today joined Pepper Homeloans' senior management team.

18 Apr 2016

ABI calls for pension term simplification

ABI calls for pension term simplification

The ABI is launching a new guide to pensions language which hopes to see the end of terms such as 'uncrystallised pension funds lump sum' and 'flexi-access drawdown' which have been used since the pension freedoms.

18 Apr 2016

Complete FS partners with Kensington

Complete FS partners with Kensington

Complete FS, the South Coast based packager, has added Kensington to its lending panel.

18 Apr 2016

How to beat a slowdown in BTL activity in Q2

How to beat a slowdown in BTL activity in Q2

For everyone involved in the mortgage market you might be forgiven for taking a little time to draw breath this month, after what has been an incredibly hectic start to the year leading all the way up to the stamp duty deadline of the 31st March. Some within the conveyancing sector called it 'chaos' but my own impression - certainly from the conveyancing firms on our panel - is that everyone worked their collective backsides off in order to get as many purchases through to completion as possible.

15 Apr 2016

MPC appoints new member to replace Martin Weale

MPC appoints new member to replace Martin Weale

The Chancellor of the Exchequer has announced the appointment of Michael Saunders as an external member of the Monetary Policy Committee.

15 Apr 2016

AToM partners with Kensington

AToM partners with Kensington

All Types of Mortgages has announced a new partnership with Kensington Mortgages.

15 Apr 2016

Voting for the #FRAwards closes tonight - why your vote counts!

Voting for the #FRAwards closes tonight - why your vote counts!

Voting for the seventh annual Financial Reporter Awards closes tonight. Don't miss the chance to have your say and support those who go the extra mile in our industry.

15 Apr 2016

72% of pensioners would struggle without BTL income

72% of pensioners would struggle without BTL income

Almost three quarters (72%) of pensioners who have an investment property said they would struggle to make ends meet if they didn't have the income from their buy-to-let, according to Responsible Equity Release.

15 Apr 2016

LV= CEO to step down after ten years

LV= CEO to step down after ten years

LV= has announced that Mike Rogers will step down as Chief Executive after ten years in the role.

15 Apr 2016

RICS sees dip in activity following stamp duty changes

RICS sees dip in activity following stamp duty changes

RICS is expecting buyer demand and sales growth to ease as the new buy-to-let stamp duty deadline passes.

15 Apr 2016

TSB launches new three-year fix

TSB launches new three-year fix

TSB has reduced rates across its buy-to-let and residential mortgage ranges, as well as introducing a new three-year fixed rate.

15 Apr 2016

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