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Alok Sharma to replace Barwell as Housing Minister

Alok Sharma to replace Barwell as Housing Minister

Alok Sharma has been appointed as the government’s new housing and planning minister.

14 Jun 2017

One in five considering downsizing turn to lifetime mortgages

One in five considering downsizing turn to lifetime mortgages

Nearly one in five would-be downsizers decided instead to release property wealth through equity release, according to Bower Retirement research.

14 Jun 2017

New protection challenger to enter market

New protection challenger to enter market

An entrepreneurial start-up has raised £180m to design and build an insurance challenger which it says is now gearing up for launch.

14 Jun 2017

TSB temporarily withdraws high-LTV two-year fixes

TSB temporarily withdraws high-LTV two-year fixes

TSB has announced that two-year fixed rate residential purchase mortgages between 85-95% LTV have been temporarily withdrawn as the bank prepares for the launch of its new banking platform.

13 Jun 2017

Mortgage lending to remain lopsided into summer months: CML

Mortgage lending to remain lopsided into summer months: CML

April lending figures have been distorted by stamp duty changes but show steady first-time buyer and homemover lending on a seasonally adjusted basis, according to the latest CML data.

13 Jun 2017

60% of advisers caught out by SIPP charges

60% of advisers caught out by SIPP charges

Six in 10 specialist retirement advisers admit to being caught out by unexpected SIPP charges from providers, according to research from Momentum Pensions.

13 Jun 2017

Metro Bank enters consumer buy-to-let market

Metro Bank enters consumer buy-to-let market

Metro Bank has announced that it will now be accepting consumer buy-to-let applications.

13 Jun 2017

Residential mortgage lending down 5.6%: BoE

Residential mortgage lending down 5.6%: BoE

The latest MLAR data from the Bank of England - provided by around 340 regulated mortgage lenders and administrators - shows a fall in new residential mortgage lending activity in Q1 2017.

13 Jun 2017

East of England supports 5.6% house price growth: UK HPI

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East of England supports 5.6% house price growth: UK HPI

Average house prices in the UK increased by 5.6% in the year to April, up from 4.5% in the year to March, according to the latest UK House Price Index from the ONS and Land Registry.

13 Jun 2017

Inflation climbs to four-year high of 2.9%

Inflation climbs to four-year high of 2.9%

CPI inflation rose to 2.9% in May, up from 2.7% in April, according to the latest ONS statistics.

13 Jun 2017

 

Magellan enhances Complex Prime and Credit Repair criteria

Magellan enhances Complex Prime and Credit Repair criteria

Magellan Homeloans enhanced its criteria across both Complex Prime and Credit Repair product ranges.

13 Jun 2017

Newcastle launches exclusive North East FTB range

Newcastle launches exclusive North East FTB range

Newcastle Intermediaries has launched an exclusive range of fixed rate mortgages aimed at helping first time buyers in the North East onto the property ladder.

13 Jun 2017

Connect adds West One to bridging panel

Connect adds West One to bridging panel

Connect for Intermediaries has added West One Loans to its panel of bridging lenders.

13 Jun 2017

Shawbrook adds Crystal Specialist Finance to Strategic Panel

Shawbrook adds Crystal Specialist Finance to Strategic Panel

Shawbrook has appointed Crystal Specialist Finance to its Strategic Panel.

12 Jun 2017

Gary Bailey to leave Together after 20 years

Gary Bailey to leave Together after 20 years

Together has announced that sales director Gary Bailey is leaving the business after 20 years with the specialist lender.

12 Jun 2017

Andy Haldane reappointed to Monetary Policy Committee

Andy Haldane reappointed to Monetary Policy Committee

Andrew Haldane has been reappointed as a member of the Monetary Policy Committee for a further three-year term.

12 Jun 2017

The Mansfield launches new affordability calculator

The Mansfield launches new affordability calculator

Mansfield Building Society has launched a new web-enabled affordability calculator which is fully mobile responsive and includes recent improvements made by the Society including use of the latest ONS data.

12 Jun 2017

Accord cuts rates on 50 residential mortgages

Accord cuts rates on 50 residential mortgages

Accord has reduced rates on more than 50 residential mortgages by up to 0.15%.

12 Jun 2017

Vida launches expat buy-to-let range

Vida launches expat buy-to-let range

Vida Homeloans has launched a new Vida Expat buy-to-let mortgage range for existing UK property owners living abroad who wish to invest in UK buy-to-let property.

12 Jun 2017

Skipton launches new interest-only range with enhanced criteria

Skipton launches new interest-only range with enhanced criteria

Skipton Building Society has launched a new interest-only mortgage range and made cuts to its core residential mortgage rates.

12 Jun 2017

Marsden BS launches 23 new residential and older borrower products

Marsden BS launches 23 new residential and older borrower products

Marsden Building Society has refreshed its residential and older borrower product range with 18 new discount older borrower products and five new residential rates.

12 Jun 2017

David Gauke appointed Work and Pensions Secretary

David Gauke appointed Work and Pensions Secretary

David Gauke has been appointed as Secretary of State for Work and Pensions as part of the cabinet reshuffle.

12 Jun 2017

Retirees spend record £3.7bn paying rent

Retirees spend record £3.7bn paying rent

The amount spent by retirees on rent has more than tripled since 2007 as they become a larger part of the rental market, according to Countrywide research.

12 Jun 2017

Northern regions drive transactions as house prices hit new high

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Northern regions drive transactions as house prices hit new high

House prices in England and Wales climbed to a new peak in May despite General Election uncertainty, rising by 0.3% to £303,200, according to the latest Your Move data.

12 Jun 2017

In the Spotlight with Danny Belton, L&G Mortgage Club

In the Spotlight with Danny Belton, L&G Mortgage Club

We spoke to Danny Belton, Head of Lender Relationships at L&G Mortgage Club, about the main challenges for lenders and advisers in the market and how he expects the Brexit negotiations to evolve.

09 Jun 2017

Knowing your audience - taking time to look at second-charge options

Knowing your audience - taking time to look at second-charge options

When it comes to explaining financial services products, there is a fine line to tread. In one breath, we want to ensure that potentially complex situations and product features are understood and therefore there is the need for simplicity and plain English, and yet we also want to ensure that we do not bring that complexity down to the lowest common denominator, and somehow twist the product pros and cons out of shape.

09 Jun 2017

Financial uncertainty to intensify at prospect of soft Brexit: deVere

Financial uncertainty to intensify at prospect of soft Brexit: deVere

The UK election result is a "hammer blow for a hard Brexit", says founder and CEO of deVere Group, Nigel Green.

09 Jun 2017

Together increases maximum loan size to £2 million

Together increases maximum loan size to £2 million

Together has launched a new specialist buy-to-let product range and increased the maximum loan size to £2 million.

09 Jun 2017

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