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Santander announces Help to Buy ISA rates

Santander announces Help to Buy ISA rates

First time buyers across the UK can now take advantage of Santander's new Help to Buy ISA launched today as part of the Government's new initiative to help people saving for their first home.

01 Dec 2015

2015: a year of preparation for MCD?

2015: a year of preparation for MCD?

As we approach the end of 2015 I think it's always nice to take a look back over the last 12 months and the defining moments of the year.

30 Nov 2015

Tipton BS joins MCI Mortgage Club

Tipton BS joins MCI Mortgage Club

Tipton & Coseley Building Society has become the latest lender to join the MCI Mortgage Club panel.

30 Nov 2015

Aldermore's Help to Buy ISA to offer a rate of 2%

Aldermore's Help to Buy ISA to offer a rate of 2%

Aldermore has announced that its new Help to Buy ISA product will offer savers an interest rate of 2%.

30 Nov 2015

BoE to extend Funding for Lending Scheme

BoE to extend Funding for Lending Scheme

The Bank of England and HM Treasury have announced a two-year extension to the Funding for Lending Scheme.

30 Nov 2015

Trader given 13 year bankruptcy restriction after record FCA fine

Trader given 13 year bankruptcy restriction after record FCA fine

Following an investigation by the Insolvency Service, Gurpreet Singh Chadda has received a 13 year bankruptcy restriction for breaching the FCA's regulations relating to 'sale and rent back' agreements.

30 Nov 2015

Government to launch New Bank Start-Up Unit

Government to launch New Bank Start-Up Unit

The government has announced a new aim to boost competition in banking with the establishment of a New Bank Start-Up Unit to make it easier for banks to enter the market.

30 Nov 2015

Bright Grey rebrands to Royal London

Bright Grey rebrands to Royal London

Royal London has announced that its protection business, Bright Grey, has now become Royal London.

30 Nov 2015

October mortgage sales growth falls 8.5%

October mortgage sales growth falls 8.5%

Mortgage sales growth has significantly slowed in the past month, according to analysis by Equifax Touchstone.

30 Nov 2015

FCA warns advisers on risks of outsourcing advice

FCA warns advisers on risks of outsourcing advice

Firms that are approached to delegate their regulated activities, such as providing pension switching advice, to an unauthorised third party need to be aware of "serious implications", according to the FCA.

30 Nov 2015

 

BoE: remortgage approvals dip in October

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BoE: remortgage approvals dip in October

Net mortgage lending increased by £3.6 billion in October, compared to the average monthly increase of £2.8 billion over the previous six months. according to the latest Bank of England Money and Credit report.

30 Nov 2015

Will stamp duty changes cause conveyancing 'mayhem'?

Will stamp duty changes cause conveyancing 'mayhem'?

Broker Conveyancing has warned that the increases to stamp duty land tax for buy-to-let and second home purchasing, announced in last week's Autumn Statement, could cause conveyancing 'mayhem' next year.

30 Nov 2015

LendInvest backs 1% of privately built homes in 2015

Christian Faes - Montello

LendInvest backs 1% of privately built homes in 2015

LendInvest has supplied finance for 1,222 new properties in the UK housing market since the start of 2015, almost double the 2014 total of 663 units.

30 Nov 2015

8 in 10 remortgagors switch lenders

8 in 10 remortgagors switch lenders

Nearly eight in 10 (79%) remortgagors switched lenders when seeking a different remortgage deal last month, according to LMS.

30 Nov 2015

Leek United appoints new Non-Executive Directors

Leek United appoints new Non-Executive Directors

Leek United Building Society has appointed two new Non-Executive Directors, John Leveson and Kerry Spooner, to its Board.

30 Nov 2015

Halifax Help to Buy ISA to offer a rate of 4%

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Halifax Help to Buy ISA to offer a rate of 4%

Halifax Help to Buy ISA will offer a rate of 4% and is available to first-time buyers over the age of 16 from the 1st December 2015.

28 Nov 2015

Shepherds Friendly to develop intermediary partnerships

Shepherds Friendly to develop intermediary partnerships

Mutual society Shepherds Friendly has appointed a new head of sales, Antony Uttley, to help develop partnerships in the intermediary market and highlight new areas for growth to drive sales.

27 Nov 2015

In the Spotlight with Yasin Patel, Amicus

In the Spotlight with Yasin Patel, Amicus

We spoke to Yasin Patel, Divisional Director at Amicus, about the importance of broker education and confidence in the STL market.

27 Nov 2015

Bridging lender sees record completions

Bridging lender sees record completions

Last Friday, bridging lender Century Capital broke all previous records by completing on four substantial loans in a single day.

27 Nov 2015

Will the lure of independence be enough?

Will the lure of independence be enough?

I have spoken many times about the need for mortgage brokers to embrace secured loans and accept them as a mainstream product.

27 Nov 2015

The Lending Channel achieves industry recognition

The Lending Channel achieves industry recognition

The Lending Channel has been awarded 'Best Key Market Deal of 2015' by the Bank of Scotland Business Development Team.

27 Nov 2015

Accord cuts BTL rates

Accord cuts BTL rates

Accord Buy to Let has reduced the rates on its range of two-year fixed rate 75% LTV mortgages by 0.10%, with the option of added incentives.

27 Nov 2015

Two-thirds don't know what stamp duty means

Two-thirds don't know what stamp duty means

While nearly half of Brits (46%) claim they understand home-buying terminology, new research shows that actually two thirds - including the most experienced home-buyers - fail to identify the real meaning of terms such as stamp duty and offset mortgage.

27 Nov 2015

PRA fines bank £1.3m for outsourcing failures

PRA fines bank £1.3m for outsourcing failures

The Prudential Regulation Authority has fined R. Raphael & Sons £1,278,165 for potentially putting its safety and soundness at risk by failing to properly manage its outsourcing arrangements.

27 Nov 2015

Land Registry: house prices up 5.6% in October

Land Registry: house prices up 5.6% in October

House prices rose by 5.6% in October, taking the average property value in England and Wales to £186,350, according to the latest Land Registry house price index.

27 Nov 2015

House price growth softens in November

House price growth softens in November

House prices increased by 0.1% in November, while annual house price growth softened to 3.7%, according to the latest Nationwide house price index.

27 Nov 2015

FTB sales drop 8.5%

FTB sales drop 8.5%

October first-time buyer sales have experienced a three-month downturn, according to the latest First-time Buyer Tracker from Your Move & Reeds Rains.

27 Nov 2015

Putting the cart before the horse

Putting the cart before the horse

Decisions, decisions. Our lives present us with a constant array of decisions to be made, the outcome of which can have a hugely significant impact on not just our own situations but those of our nearest and dearest. The older we get of course, the more experience we should have in making the right decisions and we also (hopefully) should have more idea about what can happen should we make the wrong choice.

26 Nov 2015

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