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Aldermore announces new limited edition BTL fix

Aldermore announces new limited edition BTL fix

Aldermore has announced today that it has launched a new Limited Edition 5 year Buy-to-Let product aimed at private landlords, for loans up to £1 million.

14 Sep 2016

FHL announces rate cuts across the range

FHL announces rate cuts across the range

Bracknell based BTL lender, Foundation Home Loans, has announced today that it has cut rates across its range as well as moving to a fixed percentage of the loan amount being used as an administration fee, regardless of loan size.

13 Sep 2016

Property 118 to begin legal action against lawyers who advised BOI customers

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Property 118 to begin legal action against lawyers who advised BOI customers

Landlord group Property 118 says it is ready to begin legal action on behalf of its members affected by the Bank of Ireland decision in 2013 to increase the differential charged on their tracker rate mortgage products.

13 Sep 2016

Atom Bank prepares for mortgage launch with new partnership

Atom Bank prepares for mortgage launch with new partnership

Hometrack has been appointed by digital challenger bank, Atom, to provide a range of Automated Valuation Model services.

13 Sep 2016

Inflation remains unchanged at 0.6%

Inflation remains unchanged at 0.6%

CPI rose by 0.6% in the year to August 2016, unchanged from July, despite economists forecasting a rise due to weaker sterling following the Brexit vote leading to a rise in the cost of imported goods.

13 Sep 2016

Mortgage rates fall to new record low: BoE and FCA

Mortgage rates fall to new record low: BoE and FCA

The percentage of mortgage borrowers choosing fixed rates increased from 81.4% in Q1 2016 to 82.3% in Q2 2016, as interest rates continue to fall to record lows, according to the Bank of England and FCA's MLAR data.

13 Sep 2016

'Heat taken out of market' post-Referendum: UK HPI

'Heat taken out of market' post-Referendum: UK HPI

UK house prices increased by 8.3% in the year to July 2016, down from 9.7% in the year to June 2016, according to the latest UK HPI - the first post-referendum house price data from the ONS and Land Registry.

13 Sep 2016

One in three use equity release for family house deposits

One in three use equity release for family house deposits

Nearly one in three equity release customers are using the cash to help their families fund house deposits, according to Bower Retirement.

13 Sep 2016

Mortgage problems 'block one in three sales'

Mortgage problems 'block one in three sales'

More than one in three house sale or purchases fall through because buyers or sellers cannot arrange a mortgage in time, according to Nottingham Building Society research.

13 Sep 2016

Bank of England to begin corporate bond purchases this month

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Bank of England to begin corporate bond purchases this month

The Bank of England has announced that its corporate bond purchase programme will begin on September 27 and will continue for an initial period of 18 months.

13 Sep 2016

 

House price growth slows as UK shows 'mixed picture'

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House price growth slows as UK shows 'mixed picture'

House prices continued to grow in August - although at a slower rate than in previous months, according to the Your Move Reeds Rains and Acadata house price index.

13 Sep 2016

Accord launches lowest 75% LTV ten-year fix

Accord launches lowest 75% LTV ten-year fix

Accord Mortgages has launched 10-year fixed rate mortgage from 2.88% at 75% LTV, which can be ported to another property should the borrower wish to move during the fixed rate period.

12 Sep 2016

Robo-advice: what comes next?

Robo-advice: what comes next?

Science fiction has taken us on some tremendous flights of fancy over the past hundred years or so – from Arthur C Clarke’s prescient visions of the future right up to date with programmes like Humans and Black Mirror which provide a look into the future not a million miles from where we sit now.

12 Sep 2016

Altmann attacks BoE's 50% contribution pension scheme

Altmann attacks BoE's 50% contribution pension scheme

Former pensions minister Ros Altmann has criticised the Bank of England's own pension scheme which requires employer contributions of more than 50% to overcome a deficit.

12 Sep 2016

Santander launches online remortgage tool

Santander launches online remortgage tool

Santander has launched a new online mortgage application which enables customers to complete in 30 minutes and provides an instant decision on their mortgage.

12 Sep 2016

FCA to 'shy away' from fund manager fee cap

FCA to 'shy away' from fund manager fee cap

The FCA will not cap fund manager fees as part of its review into competition in the asset management industry, according to reports.

12 Sep 2016

PMS partners with The Mortgage Lender

PMS partners with The Mortgage Lender

PMS Mortgage Club has become the latest distributor to partner with The Mortgage Lender, which launched its specialist range of products in July.

12 Sep 2016

Leeds increases interest only LTV to 60%

Leeds increases interest only LTV to 60%

Leeds Building Society has increased its maximum LTV from 50% to 60% on all interest only mortgages, including its part and part range which allows borrowers to combine interest only and capital and repayment.

12 Sep 2016

Deputy Governor Minouche Shafik to leave Bank of England

Deputy Governor Minouche Shafik to leave Bank of England

Minouche Shafik, Deputy Governor for Markets and Banking, will leave the Bank at the end of February 2017 to become the Director of the London School of Economics.

12 Sep 2016

'10 minute' digital mortgage adviser launches

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'10 minute' digital mortgage adviser launches

UK tech startup, Habito, has launched an artificially intelligent Digital Mortgage Adviser, which aims to estimate monthly mortgage costs across hundreds of products in 10 minutes.

12 Sep 2016

Selectapension launches adviser-focused robo proposition

Selectapension launches adviser-focused robo proposition

Selectapension has announced the launch of its robo proposition, Pension Monster, which is designed to complement the advice process.

12 Sep 2016

First tenants buy homes under Right to Buy scheme

First tenants buy homes under Right to Buy scheme

The first housing association tenants have become homeowners under the new Voluntary Right to Buy scheme.

12 Sep 2016

Providers to launch Pensions Dashboard pilot in spring 2017

Providers to launch Pensions Dashboard pilot in spring 2017

11 pension providers will join forces to build a Pensions Dashboard prototype by March 2017.

12 Sep 2016

In the Spotlight with Steve Webb, Royal London

In the Spotlight with Steve Webb, Royal London

We spoke to Steve Webb, former Pensions Minister and current Director of Policy at Royal London, about the impact of Brexit on the Triple Lock and the pros and cons of the Lifetime ISA.

09 Sep 2016

Buy-to-let mortgage costs fall 8%

Buy-to-let mortgage costs fall 8%

Mortgage rates are continuing to fall, with the cost of buy-to-let deals falling by as much as 8% over the past six months.

09 Sep 2016

Enness Private Clients launches bridging arm

Enness Private Clients launches bridging arm

Enness Private Clients has launched a new bridging service, Enness Bridging Finance, which will offer ‘complete market access’ to brokers.

09 Sep 2016

Help to Buy ISA: the best savings account first-timers are ever going to get

Help to Buy ISA: the best savings account first-timers are ever going to get

With every week that passes there appears to be another ‘revelation’ about the Help to Buy ISA questioning at what point the Government bonus will be paid, what type of ownership it can be utilised for, and whether it is a scheme which is all it’s cracked up to be. I have to admit that part of me looks on at this with something akin to bemusement – after all, where else but in the highly technical world of the UK housing market would we be complaining about a scheme which effectively provides first-time buyers with a large bonus just for saving their money?

09 Sep 2016

Homemovers unphased by Brexit and Bank Rate

Homemovers unphased by Brexit and Bank Rate

83% of those thinking about moving home said that the Brexit vote had made no difference to how they felt, and that it had not affected their plans to move house or the timeframe over which they were planning to do so.

09 Sep 2016

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