Latest News

September property listings soar 20% to two-year high

September property listings soar 20% to two-year high

New property listings across the UK rose by a fifth (20.2%) in September compared to August, and by 44.4% in London, according to HouseSimple research.

05 Oct 2017

YBS launches first-time buyer exclusives from 1.99%

YBS launches first-time buyer exclusives from 1.99%

Yorkshire Building Society has launched a trio of first-time buyer exclusive two-year mortgages.

05 Oct 2017

FCA's Bailey: low interest rates exacerbating advice gap

FCA's Bailey: low interest rates exacerbating advice gap

FCA Chief Executive, Andrew Bailey, says he recognises there are concerns about a gap in the advice market, and believes "that gap is probably exacerbated by low interest rates".

05 Oct 2017

Mortgage Brain recruits 15 staff to support product development

Mortgage Brain recruits 15 staff to support product development

Mortgage Brain has hired 15 new members of staff over the past 12 months to support business growth and continuing product development.

04 Oct 2017

Scottish Widows Protect partners with UnderwriteMe

Scottish Widows Protect partners with UnderwriteMe

Scottish Widows Protect is joining the UnderwriteMe Comparison Service in Q4 2017.

04 Oct 2017

Theresa May announces further £2bn for affordable housing

Theresa May announces further £2bn for affordable housing

In Theresa May's Conservative conference speech today, she announced an additional £2 billion investment in affordable housing.

04 Oct 2017

Half of lenders now offering digital mortgage propositions: IRESS

Half of lenders now offering digital mortgage propositions: IRESS

Half of lenders already offer, or are about to launch, a digital self-service channel, according to the IRESS Mortgage Efficiency Survey.

04 Oct 2017

L&G Mortgage Club launches live chat facility

L&G Mortgage Club launches live chat facility

Legal & General Mortgage Club has launched a free live chat facility within its Mortgage Support Services team.

04 Oct 2017

Consumers call for seven-day mortgage switching

Consumers call for seven-day mortgage switching

80% of UK consumers want to be able to switch mortgage providers within seven days, according to research by EDM Mortgage Support Services.

04 Oct 2017

Chorley BS returns to BTL market with intermediary only product

Chorley BS returns to BTL market with intermediary only product

Chorley Building Society has returned to the buy-to-let market with a new product for intermediaries.

04 Oct 2017

 

Leeds BS launches 1.35% one year ISA

Leeds BS launches 1.35% one year ISA

From this Friday, Leeds Building Society will improve the rate on its one year fixed rate ISA to 1.35%, which it says is currently the highest available on the market.

04 Oct 2017

Will PRA buy-to-let changes spark rise in equity release?

Will PRA buy-to-let changes spark rise in equity release?

Buy-to-let landlords with several properties affected by the PRA's new rules on mortgage affordability could tap into their portfolios through equity release, according to Retirement Advantage.

04 Oct 2017

Three-fifths of FTBs plan to rely on Bank of Mum and Dad

Three-fifths of FTBs plan to rely on Bank of Mum and Dad

Three-in-five (59%) of potential first-time buyers expect to receive handouts from parents or other family members, according to Yorkshire Building Society.

04 Oct 2017

Protecting the Young Ones

Protecting the Young Ones

Each year when the new school term rolls around I’m always amazed at how different the new generation of students are compared to many years ago. Back then it was all Young Ones style student digs, getting by on minimum funds and cooking questionable meals made up of whatever store cupboard essentials you could find. Today’s students are a different breed. Many have cars - cars! - while almost all will be kitted out with the very best technology to help them stay connected whilst in their ultra smart student pod.

03 Oct 2017

Zopa partners with Saffron Building Society

Zopa partners with Saffron Building Society

Zopa has partnered with Saffron Building Society, enabling consumers to get access to a Zopa loan either in branch or online.

03 Oct 2017

Buy-to-let: a return to twenty years ago?

Buy-to-let: a return to twenty years ago?

I don’t know about you, but when I think of ‘landlords’ I have three distinctly different groups in my mind that I automatically place a client in when they ask for advice on buy-to-let borrowing.

03 Oct 2017

L&G appoints Craig Brown as Intermediary Director

L&G appoints Craig Brown as Intermediary Director

Legal & General has appointed Craig Brown as Director of its Intermediary division.

03 Oct 2017

Under half of DB transfers suitable: FCA

Under half of DB transfers suitable: FCA

An FCA investigation into defined benefit pension transfers found that just 47% of transfers and 35% of recommended products were suitable.

03 Oct 2017

Westminster Council plans voluntary 'mansion tax' on £10m homes

Westminster Council plans voluntary 'mansion tax' on £10m homes

Westminster City Council is planning to introduce a voluntary 'mansion tax' on properties over £10m.

03 Oct 2017

New homes shortfall to hit one million by 2022

New homes shortfall to hit one million by 2022

At the current trajectory, England’s new homes shortfall will reach more than one million by 2022, according to research by Search Acumen.

03 Oct 2017

Specialist market sees 'rebirth' with annual 19% growth: IMLA

Specialist market sees 'rebirth' with annual 19% growth: IMLA

Specialist mortgage lenders’ gross lending has been increasing by 19% per year since 2009, according to a new report from the Intermediary Mortgage Lenders Association titled ‘the rebirth of specialist lenders’.

03 Oct 2017

Y3S rebrands to Specialist Mortgage Group

Y3S rebrands to Specialist Mortgage Group

Welsh specialist mortgage broker, Y3S, has rebranded to Specialist Mortgage Group.

03 Oct 2017

Paradigm and L&G update buy-to-let lender matrix documents

Paradigm and L&G update buy-to-let lender matrix documents

Legal & General Mortgage Club and Paradigm Mortgage Services have both updated their buy-to-let matrix documents to include all lender’s positions on portfolio lending, following PRA changes enforced on 30th September 2017.

02 Oct 2017

Government boosts Help to Buy funding by £10bn

Government boosts Help to Buy funding by £10bn

The government has announced that it will invest a further £10 billion in the Help to Buy Equity Loan scheme.

02 Oct 2017

Keystone adopts portfolio BTL solution in "game-changer for brokers"

Keystone adopts portfolio BTL solution in "game-changer for brokers"

Keystone Property Finance has adopted eTech's Buy to Let Hub to help brokers quickly upload portfolio details when submitting buy-to-let applications from portfolio landlords.

02 Oct 2017

Aldermore launches purchase and remortgage rates from 2.38%

Aldermore launches purchase and remortgage rates from 2.38%

Aldermore has revamped its owner occupier mortgage range across both remortgage and purchase only products, with new rates starting from just 2.38%.

02 Oct 2017

Mortgage Brain adds six Master Brokers to second charge sourcing system

Mortgage Brain adds six Master Brokers to second charge sourcing system

Mortgage Brain has enhanced its second charge sourcing system with six new Master Brokers: Fluent Money, Norton Finance, Brightstar, Positive Lending, Clever Lending and The Loan Partnership.

02 Oct 2017

Halifax loosens self-employed trading criteria

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Halifax loosens self-employed trading criteria

Halifax Intermediaries has announced that from today, the income information required for self-employed customers is reducing from three to two years.

02 Oct 2017

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