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L&G Mortgage Club to offer direct-to-lender seconds

L&G Mortgage Club to offer direct-to-lender seconds

Legal & General Mortgage Club is launching a direct-to-lender proposition for second charge loans.

10 May 2016

NIESR: Brexit would cause "significant shock" to UK economy

NIESR: Brexit would cause "significant shock" to UK economy

Analysis from NIESR has found that GDP growth would fall to 1.9% in 2017 if the UK voted to leave Europe, compared with a growth rate of 2.7% if the UK voted to remain.

10 May 2016

First three lenders integrate with new mortgage system

First three lenders integrate with new mortgage system

Precise Mortgages, Shawbrook Bank and Together are the first three lenders to begin to integrate with new mortgage software system, LenderGateway, to enable direct submission from brokers.

10 May 2016

Kent Reliance re-introduces 5 year fixes in range revamp

Kent Reliance re-introduces 5 year fixes in range revamp

Kent Reliance has announced widespread changes to its product range including rate reductions, aligning limited company pricing with that for individual borrowers, and a new large loan/portfolio range.

10 May 2016

Precise offers PMS members direct access

Precise offers PMS members direct access

Precise Mortgages has offered PMS mortgage club members a new direct to broker submission route.

10 May 2016

Will additional lifetime events escape LISA exit fees?

Will additional lifetime events escape LISA exit fees?

TISA, the financial services membership association, is conducting a survey on which additional lifetime events should be included in the Lifetime ISA to allow for a penalty free withdrawal.

10 May 2016

Two convicted in FCA's largest insider dealing case

Two convicted in FCA's largest insider dealing case

A senior investment banker and a Chartered Accountant have been convicted of conspiring to insider deal in a case brought by the FCA and following a three-month trial at Southwark Crown Court.

10 May 2016

The Mortgage Partnership adds FHL to panel

The Mortgage Partnership adds FHL to panel

The Mortgage Partnership, the North West based distributor, has added Foundation Home Loans to its panel of buy to let lenders.

10 May 2016

LendInvest scraps development finance exit fee

LendInvest scraps development finance exit fee

Short-term property finance lender LendInvest has removed exit fees on development finance deals.

10 May 2016

Kensington completes first packaged case with 3mc

Kensington completes first packaged case with 3mc

3mc has generated Kensington's first packaged case to go to offer since the lender returned to the packaging market last month.

10 May 2016

 

Hinckley & Rugby cuts exclusive five-year fix to 3.05%

Hinckley & Rugby cuts exclusive five-year fix to 3.05%

Hinckley & Rugby Building Society has cut the interest rate on a five-year fixed rate that's exclusive to its Privileged Partners group of mortgage brokers.

09 May 2016

CML: stamp duty rise triggers 60,000 extra transactions

CML: stamp duty rise triggers 60,000 extra transactions

The CML says that the distortion caused by the new stamp duty rate "appears to have been larger than anything we've seen before that's associated with a tax change".

09 May 2016

Leeds launches ERC-free buy-to-let range

Leeds launches ERC-free buy-to-let range

Leeds Building Society has launched two new fixed rate buy-to-let mortgages without Early Redemption Charges.

09 May 2016

Fixed rate mortgage fees hit two-year high

Fixed rate mortgage fees hit two-year high

Despite the long-running price war, mortgage fees are now on the rise, with fixed rates at a two-year high, according to Moneyfacts data.

09 May 2016

Paradigm adds Kent Reliance to panel

Paradigm adds Kent Reliance to panel

Paradigm Mortgage Services has announced that Kent Reliance is the latest lender to join its panel.

09 May 2016

Equifinance: affordability is key to specialist lending

Equifinance: affordability is key to specialist lending

Affordability calculations are "of real benefit" to specialist lenders when assessing second charge mortgage cases, according to Equifinance.

09 May 2016

Financial Reporter partners with Shawbrook for new Factsheet

Financial Reporter partners with Shawbrook for new Factsheet

Financial Reporter is launching its second Product Factsheet in the series, available free for Financial Reporter readers.

09 May 2016

Carney: expect rate cut if Britain leaves EU

Carney: expect rate cut if Britain leaves EU

The Bank of England is preparing for a possible drop in interest rates if the UK votes to leave the EU next month.

09 May 2016

Complete FS scraps second charge Master Broker fees

Complete FS scraps second charge Master Broker fees

Complete FS has overhauled its fee charging structure in a bid to encourage more brokers to embrace second charge lending.

09 May 2016

Magellan launches new priority application service

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Magellan launches new priority application service

Magellan Homeloans has strengthened its broker proposition with a priority service for new 'fully packaged' applications.

09 May 2016

Halifax: House prices drop by 0.8% in April

Halifax: House prices drop by 0.8% in April

House prices in the three months to April rose by 9.2% on an annual basis - below March's 10.1% and the smallest annual increase since November 2015 (9.0%), according to the latest Halifax house price index.

09 May 2016

Nationwide increases upper age limit to 85

Nationwide increases upper age limit to 85

Nationwide has announced that it will increase its maximum age of mortgage maturity from 75 to 85 to meet "growing demand".

09 May 2016

In the Spotlight with Peter Gee, Niu Solutions

In the Spotlight with Peter Gee, Niu Solutions

We spoke to Peter Gee, Managing Director of Niu Solutions, about challenger banks' innovative use of technology and how these solutions will continue to change the financial services industry.

06 May 2016

Conveyancing Association launches cyberfraud protocol

Conveyancing Association launches cyberfraud protocol

The Conveyancing Association has launched new protocol which seeks to provide CA member firms with information on how criminals operate and the measures that can be taken to avoid being victims of fraud and cyber-crime.

06 May 2016

Mortgages for Business revamps BTL rate finder

Mortgages for Business revamps BTL rate finder

Mortgages for Business has updated its online Buy to Let Calculator and Rate Finder to allow users to search specifically for buy to let mortgages for limited companies.

06 May 2016

Not enough hours in the day

Not enough hours in the day

Whether we like it or not, the British tend to have a reputation for moaning. There's a reason why the Aussies call us 'Whinging Poms' after all; although some might suggest that our Antipodean cousins could give us a run for our money. That said, I'm often staggered at some people's ability to whinge about every single situation, regardless of whether it's good or bad.

06 May 2016

Aldermore launches limited edition 3.93% BTL

Aldermore launches limited edition 3.93% BTL

Aldermore has launched a new limited edition rate on its standard and specialised buy-to-let product range.

06 May 2016

Remortgage surge relieves traditional April slowdown

Remortgage surge relieves traditional April slowdown

A surging remortgaging sector has mitigated the 'historic steadying' that occurs in the month of April, according to Connells Survey & Valuation.

06 May 2016

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