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Santander introduces dual affordability for BTL

Santander introduces dual affordability for BTL

Santander has announced plans to increase the affordability rate for loans up to 60% LTV from 5% to 5.5% in a bid to combat the additional 3% stamp duty on second home purchases from 1 April.

05 Feb 2016

In the Spotlight with Peter Pledger, National Skills Academy for Financial Services

In the Spotlight with Peter Pledger, National Skills Academy for Financial Services

We spoke to, Peter Pledger, Chief Executive Officer at the National Skills Academy for Financial Services, about upcoming regulatory changes and what skills every broker should learn.

05 Feb 2016

Coventry for intermediaries expands BTL range

Coventry for intermediaries expands BTL range

Following the recent introduction of an 80% LTV Buy to Let product to its portfolio, Coventry for intermediaries has added a further three products to this range.

05 Feb 2016

Limited Company BTL interest surges in January

Limited Company BTL interest surges in January

Foundation Home Loans is seeing increasing interest in Limited Company BTL purchase products from analysis of Decisions in Principle over the past few months.

05 Feb 2016

Shepherds Friendly boosts BDM team after IP launch

Shepherds Friendly boosts BDM team after IP launch

Shepherds Friendly has boosted its business development team with the promotion of Alexander Fallowes and the appointment of Zoe Meredith following growth in sales of its Income Protection Plan since its launch last year.

05 Feb 2016

L&G lifetime mortgage lending hits £201m

L&G lifetime mortgage lending hits £201m

Legal & General has announced that lifetime mortgage lending reached £201m in 2015, hitting its annual £200m target for lifetime mortgages.

05 Feb 2016

Industry warns of conveyancing cybercrime issue

Industry warns of conveyancing cybercrime issue

SortRefer is warning brokers to be aware of the dangers of fraudsters accessing email correspondence to divert funds passing between client and conveyancer.

05 Feb 2016

Shawbrook expands regulated bridge availability

Shawbrook expands regulated bridge availability

Shawbrook Bank has opened up the distribution channel for its Regulated Bridging Mortgage products.

05 Feb 2016

New Street Mortgages launches into BTL market

New Street Mortgages launches into BTL market

New Street Mortgages has today launched into the UK market, beginning with the launch of buy-to-let focused products with initial distribution available to customers via London & Country, John Charcol and the LSL mortgage networks of Pink and First Complete.

05 Feb 2016

Steve Webb slams Osborne's 'Pensions ISA' proposal

Steve Webb slams Osborne's 'Pensions ISA' proposal

Former pensions minister Steve Webb has urged George Osborne to reconsider his 'Pensions ISA' proposal.

05 Feb 2016

 

Remortgage and BTL drive rise in January valuations

Remortgage and BTL drive rise in January valuations

Valuation activity in January has risen by more than half on an annual basis, according to research from Connells Survey & Valuation.

05 Feb 2016

Let-to-buy mortgages soar ahead of MCD

Let-to-buy mortgages soar ahead of MCD

Nearly one in eight of mortgage cases dealt with by brokers related to let-to-buy in Q4 2015, according to research from Paragon Mortgages.

04 Feb 2016

Will a rate rise setback hinder the remortgage resurgence?

Will a rate rise setback hinder the remortgage resurgence?

When it comes to bank base rate and mortgage product rates in general, it's fair to say that the level of interest (if you'll pardon the pun) is high.

04 Feb 2016

BoE pushes rate rise back to Q1 2018

BoE pushes rate rise back to Q1 2018

In the Bank of England's latest Inflation Report, the MPC's central projections now predict a Bank Rate of 0.5% until Q1 2018, when they are expected to rise to 0.8% before hitting 1.1% in 2019.

04 Feb 2016

MPC votes unanimously to maintain Bank Rate

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MPC votes unanimously to maintain Bank Rate

At its latest meeting, the MPC voted unanimously to maintain Bank Rate at 0.5% - the first time in six months that all members were undivided.

04 Feb 2016

Pension freedoms remain top issue for advised clients

Pension freedoms remain top issue for advised clients

The majority of advisers have cited pension freedoms as their key client issue over the last year.

04 Feb 2016

Fleet announces first wave of criteria changes

Fleet announces first wave of criteria changes

Fleet Mortgages has announced the first of a series of criteria changes it will be rolling out over the next few months.

04 Feb 2016

Lloyds to cut 1,755 jobs and 29 branches

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Lloyds to cut 1,755 jobs and 29 branches

Lloyds Banking Group has confirmed that 1,755 roles and 29 branches will be axed as part of the Bank's three year cost cutting plan.

04 Feb 2016

British Friendly launches IP auto acceptance system

British Friendly launches IP auto acceptance system

British Friendly has launched a new auto acceptance system, allowing advisers to receive immediate acceptance when their clients apply for Income Protection through British Friendly's online application.

04 Feb 2016

House prices hit £500,000 in majority of London areas

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House prices hit £500,000 in majority of London areas

Property prices are now over £500,000 across the majority of London neighbourhoods, according to new analysis from Stirling Ackroyd.

04 Feb 2016

Newcastle BS confirms MCD preparations

Newcastle BS confirms MCD preparations

Newcastle Building Society has announced its plans for the introduction of the Mortgage Credit Directive next month.

04 Feb 2016

Quarterly house price growth jumps 2.2%

Quarterly house price growth jumps 2.2%

House prices in the latest three months (November-January) were 2.2% higher than in the preceding three months, according to the latest Halifax house price index.

04 Feb 2016

Yorkshire BS launches FTB cashback offer

Yorkshire BS launches FTB cashback offer

Yorkshire Building Society is offering first-time buyers an extra £500 cashback when they complete on a mortgage.

03 Feb 2016

West Brom removes completion fees

West Brom removes completion fees

West Brom Building Society has lowered fees and cut rates by up to 0.30% across its entire range.

03 Feb 2016

Knowledge, not products - navigating the retirement landscape in 2016

Knowledge, not products - navigating the retirement landscape in 2016

As we approach the first anniversary of the pension reforms introduced in April 2015, it is clear that as financial advisers, keeping abreast of the swathe of changes being introduced is vital if we are to help clients make the most of their retirement. In 2016, we can expect no let up in the pace of changes either.

03 Feb 2016

Aldermore expands BTL range

Aldermore expands BTL range

Aldermore has launched a new limited edition rate on its 5 year-fixed buy-to-let product.

03 Feb 2016

Hinckley & Rugby launches sub-2% 90% LTV

Hinckley & Rugby launches sub-2% 90% LTV

Hinckley & Rugby Building Society has cut the interest rates on five discount mortgages - including a 90% LTV now available at 1.95%.

03 Feb 2016

FCA called "weak, toothless and anaemic" in MP debate

FCA called "weak, toothless and anaemic" in MP debate

Earlier this week, MPs debated a motion of no confidence in the FCA, in which the regulator was described as "weak, toothless and anaemic".

03 Feb 2016

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