Latest News

Retirement Advantage launches buy-to-let equity release range

Retirement Advantage launches buy-to-let equity release range

Retirement Advantage has launched a new range of equity release products for owners of buy-to-let properties.

21 Aug 2017

In the Spotlight with Stephen Wasserman, West One Loans

In the Spotlight with Stephen Wasserman, West One Loans

We spoke to Stephen Wasserman, Managing Director at West One Loans, about the evolution of the bridging market and his advice for brokers who are new to the specialist lending market.

18 Aug 2017

Where do pensioners have the best quality of life?

Where do pensioners have the best quality of life?

West Sussex is the county where pensioners have the highest quality of life, according to analysis carried out by Prudential.

18 Aug 2017

Transactions see 8.8% monthly surge: Haart

Transactions see 8.8% monthly surge: Haart

House prices across England and Wales saw a monthly 3% rise in July, and are up 3.3% on the year, according to new data from estate agent Haart.

18 Aug 2017

Positive Lending appoints David Coleman as Regional Account Manager

Positive Lending appoints David Coleman as Regional Account Manager

Positive Lending has appointed David Coleman as the new Regional Account Manager for south east England.

18 Aug 2017

A fifth of brokers predict surprise rate rise in H2

A fifth of brokers predict surprise rate rise in H2

21% of brokers believe that the Bank of England will increase the Base Rate by the end of the year, according to a United Trust Bank poll.

18 Aug 2017

Accord launches £495 fee remortgage range

Accord launches £495 fee remortgage range

Accord Mortgages has launched three new remortgage rates with a £495 fee and additional features including £500 cashback on completion, free standard valuation and free legal fees.

18 Aug 2017

Scotland house price growth outpaces England & Wales

Scotland house price growth outpaces England & Wales

Annual house price growth in Scotland jumped to 4.6% in June, from 2.9% the previous month - well above the 3.3% in England and Wales recorded in June, according to new Your Move data.

18 Aug 2017

Pepper partners with Intrinsic

Pepper partners with Intrinsic

Pepper Homeloans has been appointed to the mortgage lender panel of Intrinsic Network.

18 Aug 2017

A quarter suffer financial hardship due to ill health

A quarter suffer financial hardship due to ill health

Almost a third (31%) of UK adults have experienced temporary or permanent leave from work due to ill health or a death within the family, leaving them with nearly 50% more debt and 40% less savings, according to research from Aviva.

18 Aug 2017

 

FCA cancels over 200 firms' authorisations in 2016/17

FCA cancels over 200 firms' authorisations in 2016/17

The FCA has confirmed that it cancelled the authorisations of 207 firms in the year to 30 June 2017 for 'failing to comply with basic regulatory requirements'.

17 Aug 2017

The Mansfield reports record mortgage lending as pipeline doubles

The Mansfield reports record mortgage lending as pipeline doubles

Mansfield Building Society has reported its highest ever volume of monthly applications in March and its highest ever month of completions in June, as part of its H1 results.

17 Aug 2017

Scottish Building Society appoints Raymond Abbott as Chairman

Scottish Building Society appoints Raymond Abbott as Chairman

Scottish Building Society has appointed Raymond Abbott as Chairman, replacing Rob Golbourn who will remain as non-executive director until he retires from the Board in October 2017.

17 Aug 2017

Pepper adds Paradigm to distribution network

Pepper adds Paradigm to distribution network

Pepper Homeloans has extended its distribution network to include Paradigm Mortgage Club.

17 Aug 2017

OneSavings Bank outlines approach to PRA buy-to-let changes

OneSavings Bank outlines approach to PRA buy-to-let changes

OneSavings Bank has announced its new lending criteria for portfolio landlords ahead of the upcoming PRA changes to portfolio landlords.

17 Aug 2017

Royal London intermediary pension sales soar 64%

Royal London intermediary pension sales soar 64%

Royal London has reported a 45% increase in total new life and pensions business to over £bn between H1 2016 and 2017, driven by a surge in intermediary business.

17 Aug 2017

Tesco Bank launches five-year fixed remortgage range from 1.94%

Tesco Bank launches five-year fixed remortgage range from 1.94%

Tesco Bank has introduced two new five-year fixed rate remortgage products which it says are currently the lowest rates available on the market.

17 Aug 2017

Is it still too easy to ignore second charge?

Is it still too easy to ignore second charge?

It is still too easy to disregard second charge loans when assessing the best way for clients to access funds for capital raising, according to Tim Wheeldon, COO at Fluent Money.

17 Aug 2017

HSBC to launch new broker platform with immediate DIP

HSBC to launch new broker platform with immediate DIP

HSBC has announced plans to further grow its broker distribution channel with a new intermediary platform.

17 Aug 2017

Value of bridging loans hits record £3bn in Q2

Value of bridging loans hits record £3bn in Q2

The value of bridging loans written by ASTL members exceeded £3 billion for the first time in the year to the end of June.

17 Aug 2017

Principality expands new build range with BTL and 90% LTV lending

Principality expands new build range with BTL and 90% LTV lending

Principality Building Society will now lend up to 90% LTV on residential mortgages for all new build houses and flats in England and Wales, up from its previous limit of 85% LTV.

16 Aug 2017

Up front fees – the facts

Up front fees – the facts

One of our members recently got in touch with us to check the NACFB’s attitude towards engagement fees.

16 Aug 2017

A lender's obligation to mortgage prisoners

A lender's obligation to mortgage prisoners

It’s such an irony that MMR and MCD were implemented to provide more robust and responsible practices in order to protect consumers against ‘predatory lending’, and yet we find ourselves in the situation where it’s increasingly common to find clients who are currently sat on their lenders’ SVR, paying a good few per cent over base - some clients remain on interest only mortgages even though they would benefit from switching to a lower rate and/or capital repayment – although in many cases, due to affordability criteria aren’t able to switch to their lender’s restrictions, despite never being in arrears with their mortgage and handling their personal finances in a responsible manner.

16 Aug 2017

Asda Money launches loans offering with Freedom Finance

Asda Money launches loans offering with Freedom Finance

Asda Money has partnered with lending platform Freedom Finance to launch its Asda Personal Loans offering.

16 Aug 2017

IRESS to launch digital tools through XPLAN for advisers

IRESS to launch digital tools through XPLAN for advisers

IRESS has announced the launch of new digital tools through XPLAN from early 2018.

16 Aug 2017

Second charge lending sees further 33% growth

Second charge lending sees further 33% growth

The second charge mortgage market saw new business up 33% by value and 22% by volume in June compared to the same month last year, according to figures from the Finance & Leasing Association.

16 Aug 2017

BTL mortgage rates see further reductions

BTL mortgage rates see further reductions

Over the past three months, most mainstream buy-to-let mortgage products saw further rate and cost reductions, according to Mortgage Brain data.

16 Aug 2017

Gifted deposits to first-time buyers down 5%

Gifted deposits to first-time buyers down 5%

The number of first-time buyers and investors using gifted deposits has fallen by almost 5% and 3% respectively in the last two years, according to My Home Move research.

16 Aug 2017

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