Latest News

Keystone launches into auction and commercial finance

Keystone launches into auction and commercial finance

Keystone Property Finance has launched into the auction purchase and commercial property markets.

17 May 2016

CML: house purchase lending soars by 60%

CML: house purchase lending soars by 60%

Home-owners borrowed £13.8bn for house purchase in March - up 59% month-on-month and 60% year-on-year, according to the latest CML data.

17 May 2016

ONS: March house prices see 2.5% monthly rise

ONS: March house prices see 2.5% monthly rise

UK house prices rose by 9.0% in the year to March 2016, up from 7.6% in the year to February, according to the latest ONS house price index.

17 May 2016

Inflation sees first fall in eight months to 0.3%

Inflation sees first fall in eight months to 0.3%

CPI rose by 0.3% in the year to April 2016 compared to 0.5% in the year to March - the first fall since September 2015, according to the ONS.

17 May 2016

Altmann is "failing pensioners", warns campaign group

Altmann is "failing pensioners", warns campaign group

Pension Minister Ros Altmann has "failed this and future generations of British pensioners and pension savers", according to the chair of a national pensions campaign group.

17 May 2016

Promise Solutions launches Second Charge Club

Promise Solutions launches Second Charge Club

Promise Solutions has launched a new club which allows brokers to arrange second charge loans direct with the lender, without the need for additional packager or master broker fees.

17 May 2016

SortRefer to launch offering for property professionals

SortRefer to launch offering for property professionals

SortRefer Group is launching a new offering "in a matter of weeks", which it says will be of particular interest to property professionals across the country.

17 May 2016

Mortgage Brain enhances intermediary support with new hires

Mortgage Brain enhances intermediary support with new hires

Mortgage Brain has expanded its Operating Board with two new appointments.

17 May 2016

Is robo-advice the key to building future client books?

Is robo-advice the key to building future client books?

Advisory firms need to do more to explore robo-advice opportunities to help incubate the clients of the future, according to Nucleus.

17 May 2016

CMA supports challengers with retail banking overhaul

CMA supports challengers with retail banking overhaul

The CMA has today proposed a wide-ranging package of proposals to tackle competition issues across banking services.

17 May 2016

 

Lloyds expands national account team

Lloyds expands national account team

Lloyds Banking Group has appointed four new national account managers.

16 May 2016

HSBC to axe 840 IT roles

HSBC to axe 840 IT roles

HSBC will relocate 840 IT jobs to India, China and Poland as part of a wider plan to cut 8,000 UK roles.

16 May 2016

FCA paper brings uncertainty to a fragile market

FCA paper brings uncertainty to a fragile market

AMI says it is disappointed that "the sector is not to be left alone" after the FCA published feedback on Competition in the Mortgage Sector today.

16 May 2016

Barclays cuts low LTV fixes

Barclays cuts low LTV fixes

Barclays is cutting mortgage rates across its two and five year fixed low LTV range, as well as introducing a new Rate Switch range to allow existing Barclays mortgage customers to benefit from lower exclusive rates.

16 May 2016

CBI: GDP to slow amid "dark cloud of uncertainty"

CBI: GDP to slow amid "dark cloud of uncertainty"

The UK will see GDP growth of 2.0% in both 2016 and 2017 according to CBI estimates - a downgrade from 2.3% and 2.1% in its February forecast.

16 May 2016

FHL raises rental calculation to 145%

FHL raises rental calculation to 145%

Foundation Home Loans says it has "heeded the regulator's calls on affordability and stress testing" and is changing the basis of its rental calculation for individual applications from 125% to 145% next month. Limited Company BTL products remain unchanged at 125%.

16 May 2016

Tesco Bank extends broker distribution

Tesco Bank extends broker distribution

From today, customers can access Tesco's mortgage range through First Mortgage Direct, Alexander Hall, Savills Private Finance and Springtide Capital mortgage brokers, as well as London and Country mortgage brokers which was announced last month.

16 May 2016

MPs urge govt to address 'unstable' master trusts

MPs urge govt to address 'unstable' master trusts

Pressure is mounting on the Government to announce a Pensions Bill in the Queen's Speech on Wednesday.

16 May 2016

FCA: mortgage panels pose risk to competition

FCA: mortgage panels pose risk to competition

More needs to be done to improve consumers' ability to make informed choices about mortgage deals, according to a new FCA report.

16 May 2016

Equifinance to launch in Scotland

Equifinance to launch in Scotland

Equifinance, the specialist second charge lender, is extending its product range into Scotland.

16 May 2016

Alpha Bridging rebrands ahead of P2P platform launch

Alpha Bridging rebrands ahead of P2P platform launch

Alpha Bridging is rebranding as Kuflink Bridging as it launches its new peer to peer platform.

16 May 2016

Pensions Dashboard timeline branded 'unacceptable'

Pensions Dashboard timeline branded 'unacceptable'

British savers will be left in the 'slow lane' unless the Government takes a more active role in ensuring the successful delivery of a Pensions Dashboard, according to Royal London.

16 May 2016

What's the big deal? Legal implications of Limited Company property purchase

What's the big deal? Legal implications of Limited Company property purchase

Although the examination of title acting for a Limited Company is the same as when acting for a private individual, there are a number of differences and added complexities which quite often result in solicitors charging more for Limited Companies.

13 May 2016

In the Spotlight with Angie Taylor, Dudley Building Society

In the Spotlight with Angie Taylor, Dudley Building Society

We spoke to Angie Taylor, BDM at Dudley Building Society, about 'mortgage misfits', lending into retirement, and how to keep up with the volume and complexity of regulatory change.

13 May 2016

Second charge: 'ignorance is bliss' vs 'knowledge is power'

Second charge: 'ignorance is bliss' vs 'knowledge is power'

Over the past year or so, particularly in the lead up to the introduction of the Mortgage Credit Directive, I have met many advisers and talked with them about the second-charge market and especially about how the sector would potentially change.

13 May 2016

Accord loosens affordability criteria

Accord loosens affordability criteria

Accord has modified its affordability criteria in a bid to make it easier for brokers to position a case and increase the chances of an application being accepted.

13 May 2016

Former Towry adviser banned for insider dealing

Former Towry adviser banned for insider dealing

The FCA has fined a financial adviser £36,285 and banned him for at least two years for engaging in market abuse.

13 May 2016

MAB expands in Scotland with new partnership

MAB expands in Scotland with new partnership

Mortgage Advice Bureau has partnered with Scottish broker Clear Mortgage Solutions as part of its growth strategy in the region.

13 May 2016

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