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Landbay reduces rates and revamps criteria

Landbay reduces rates and revamps criteria

Landbay has refreshed its buy-to-let product range, reducing rates and fees across many of its products as well as enhancing criteria across a range of services, including HMO and Expat propositions.

03 Apr 2017

Government reduces Lloyds stake to below 2%

Government reduces Lloyds stake to below 2%

The government has continued to sell shares in Lloyds Banking Group, reducing its remaining shareholding to less than 2%.

03 Apr 2017

Mortgage accessibility hits three-year high: IMLA

Mortgage accessibility hits three-year high: IMLA

Brokers say mortgage accessibility has hit a post-MMR high, with almost a third (30%) encountering no problem sourcing a mortgage for any type of client in the second half of 2016, according to research from the Intermediary Mortgage Lenders Association.

03 Apr 2017

Aegon: FCA fines should fund FSCS to reduce burden on advisers

Aegon: FCA fines should fund FSCS to reduce burden on advisers

Aegon is calling on the FCA and Treasury to think about alternative ways of funding the costs of the FSCS.

03 Apr 2017

Home buyers remain optimistic despite almost half relying on family

young ftb couple with boxes

Home buyers remain optimistic despite almost half relying on family

71% of prospective home buyers are optimistic that they will find the right home this year, despite facing financial concerns when purchasing a new home, according to Tesco Bank research.

03 Apr 2017

Technology is nobody’s fool!

Technology is nobody’s fool!

Remember the Swiss spaghetti trees? The Guardian revealing the existence of a hitherto undiscovered island called San Serriffe? Burger King's launch of left handed burgers? April 1st deceptions have a long and proud history in the UK and around the world, with companies such as BMW developing quite a reputation for the quality of their hoaxes.

01 Apr 2017

In the Spotlight with Craig Hall, Legal & General

In the Spotlight with Craig Hall, Legal & General

We spoke to Craig Hall, New Build Manager at Legal & General, about the Government’s recent Housing White Paper and the future of the New Build market.

31 Mar 2017

HMRC launches criminal investigation into "global financial institution"

HMRC launches criminal investigation into "global financial institution"

HMRC, in partnership with authorities in the Netherlands, Australia, Germany and France, has launched a criminal investigation into suspected tax evasion and money laundering by a "global financial institution".

31 Mar 2017

High-value house price slowdown offsets stamp duty hike

High-value house price slowdown offsets stamp duty hike

Slower house price growth at the top end of the property market over the last year has effectively offset the hike in stamp duty fees for landlords and second homebuyers, according to Private Finance.

31 Mar 2017

FCA relaxes MiFID II call recording rules

FCA relaxes MiFID II call recording rules

The FCA has today published near final rules on the implementation of MiFID II, and has updated the approach it will take to the recording of telephone conversations by retail financial adviser firms following consultation feedback.

31 Mar 2017

 

Scottish Widows launches lowest ever remortgage rates

Scottish Widows launches lowest ever remortgage rates

Scottish Widows Bank has launched its lowest ever remortgage rates as well as reducing fees across the range.

31 Mar 2017

L&G expands lifetime mortgage range and cuts minimum age to 55

L&G expands lifetime mortgage range and cuts minimum age to 55

Legal & General has expanded its range of lifetime mortgage products with the launch of new Flexible Max and Flexible Max Plus products, meaning it now provides customers with a fee free drawdown facility across its lifetime mortgage range.

31 Mar 2017

Government: rental payments aren't proof of mortgage affordability

Government: rental payments aren't proof of mortgage affordability

The government has rejected a petition which urged lenders to consider rental payments as proof of ability to meet mortgage repayments.

31 Mar 2017

Brightstar expands HNW business

Brightstar expands HNW business

Brightstar’s high net worth business, Sirius Property Finance, has hired three new team members and moved to larger office premises.

31 Mar 2017

Prudential and Blackstone acquire £11.8bn Bradford & Bingley assets

Prudential and Blackstone acquire £11.8bn Bradford & Bingley assets

The Chancellor has authorised an £11.8 billion sale of Bradford & Bingley loans to Prudential plc and to funds managed by Blackstone.

31 Mar 2017

SimplyBiz launches apprenticeship programme

SimplyBiz launches apprenticeship programme

The New Model Business Academy, the not-for profit training and development division of The SimplyBiz Group, has received formal accreditation of its new apprenticeship programme from the Skills Funding Agency.

31 Mar 2017

Regional house price gap at narrowest since 1978

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Regional house price gap at narrowest since 1978

The annual rate of house price growth slowed from 4.5% in February to 3.5% in March, according to the latest Nationwide house price index.

31 Mar 2017

Pensions Dashboard prototype unveiled to government

Pensions Dashboard prototype unveiled to government

The cross-industry project to design a prototype system, which should one day allow people to see all of their pension savings and entitlements in an online place of their choosing, has been delivered on time and demonstrated to Government Ministers.

31 Mar 2017

FCA fines former banker £37k over WhatsApp messages

FCA fines former banker £37k over WhatsApp messages

The FCA has fined Christopher Niehaus, a former investment banker, £37,198 for sharing client confidential information over WhatsApp.

30 Mar 2017

Secure Trust appoints Pepper as mortgage administrator

Secure Trust appoints Pepper as mortgage administrator

Secure Trust Bank has appointed Pepper UK as administrator for its new mortgage business.

30 Mar 2017

Metro Bank cuts BTL rates by up to 30bps

Metro Bank cuts BTL rates by up to 30bps

Metro Bank has cut rates on its portfolio buy-to-let range, by up to 30bps, with prices now starting from 3.09%.

30 Mar 2017

Three quarters say mortgage brokers offer best deals

Three quarters say mortgage brokers offer best deals

Three times as many people believe they can get a better deal from a mortgage broker than a high street lender, according to research from The Mortgage Lender.

30 Mar 2017

Is the UK mortgage market heading into decline?

Is the UK mortgage market heading into decline?

According to the latest stats from the Council of Mortgage Lenders, first-time buyers borrowed more money than ever before to get on the housing ladder last year. A record £53.6bn of mortgage loans went to new property owners in the year, a rise of 13.5% year on year and the highest level since the CML data began in 2006. December’s borrowing of £4.8bn was also a record month for first-time buyers, helping propel the market to new heights.

30 Mar 2017

House sales hit ten-year high but FTB numbers dip

House sales hit ten-year high but FTB numbers dip

The number of sales agreed rose to a 10 year high in February, according to figures from the NAEA.

30 Mar 2017

Government appoints housebuilding expert to accelerate construction

Government appoints housebuilding expert to accelerate construction

The Homes and Communities Agency has appointed Stephen Kinsella as its new Director of Accelerated Construction.

30 Mar 2017

Help to Buy used by over a million

Help to Buy used by over a million

New government figures show that more than 259,000 people have now bought a home using one of the government’s flagship Help to Buy schemes, and over 868,000 have opened a Help to buy: ISA.

30 Mar 2017

Royal London sees 28% rise in new life and pensions business

Royal London sees 28% rise in new life and pensions business

Royal London has reported a 28% rise in new life and pensions business to £8,686m, strengthened by strong intermediary sales.

30 Mar 2017

London first-time buyer mortgages soar 71% since 2012

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London first-time buyer mortgages soar 71% since 2012

The average mortgage taken out by a first-time buyer in London has increased by 71% since 2012, from £185,538 to £317,253 in 2017, according to research by Lloyds Bank.

30 Mar 2017

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