Latest News

Treasury: Brexit will cause 6% drop in GDP

Treasury: Brexit will cause 6% drop in GDP

Britain will be worse off by £4,300 a year per household if Britain votes to leave European Union, according to the Treasury.

18 Apr 2016

Positive Lending appoints new Compliance Director

Positive Lending appoints new Compliance Director

Positive Lending has announced the appointment of Alec Wimbleton as Compliance and Business Assurance Director.

18 Apr 2016

Use both sides of the paper if necessary

Use both sides of the paper if necessary

The NACFB has now completed its own application for full permission through the FCA, but as many of our members have found, the job isn't simply done from the moment the permission is granted.

18 Apr 2016

"Significant proportion" still unaware of FTB schemes

"Significant proportion" still unaware of FTB schemes

A significant proportion of the UK are still unaware of the numerous government schemes aimed at supporting first time buyers, according to Precise Mortgages.

18 Apr 2016

BTL rush drives house prices to record high

BTL rush drives house prices to record high

The average price of property coming to market rose by £3,843 this month to hit a new record high of £307,033, according to the latest Rightmove house price index.

18 Apr 2016

New equity release sourcing system launches

New equity release sourcing system launches

A new sourcing system for equity release and retirement lending products being launched in May will be available to advisers free of charge and will offer products with enhanced terms for members of the Equity Release Club and Later Life Academy.

18 Apr 2016

Barnard & Spinks join Pepper management team

Rob Barnard - Aldermore

Barnard & Spinks join Pepper management team

Rob Barnard and Richard Spinks have today joined Pepper Homeloans' senior management team.

18 Apr 2016

ABI calls for pension term simplification

ABI calls for pension term simplification

The ABI is launching a new guide to pensions language which hopes to see the end of terms such as 'uncrystallised pension funds lump sum' and 'flexi-access drawdown' which have been used since the pension freedoms.

18 Apr 2016

Complete FS partners with Kensington

Complete FS partners with Kensington

Complete FS, the South Coast based packager, has added Kensington to its lending panel.

18 Apr 2016

How to beat a slowdown in BTL activity in Q2

How to beat a slowdown in BTL activity in Q2

For everyone involved in the mortgage market you might be forgiven for taking a little time to draw breath this month, after what has been an incredibly hectic start to the year leading all the way up to the stamp duty deadline of the 31st March. Some within the conveyancing sector called it 'chaos' but my own impression - certainly from the conveyancing firms on our panel - is that everyone worked their collective backsides off in order to get as many purchases through to completion as possible.

15 Apr 2016

 

MPC appoints new member to replace Martin Weale

MPC appoints new member to replace Martin Weale

The Chancellor of the Exchequer has announced the appointment of Michael Saunders as an external member of the Monetary Policy Committee.

15 Apr 2016

AToM partners with Kensington

AToM partners with Kensington

All Types of Mortgages has announced a new partnership with Kensington Mortgages.

15 Apr 2016

Voting for the #FRAwards closes tonight - why your vote counts!

Voting for the #FRAwards closes tonight - why your vote counts!

Voting for the seventh annual Financial Reporter Awards closes tonight. Don't miss the chance to have your say and support those who go the extra mile in our industry.

15 Apr 2016

72% of pensioners would struggle without BTL income

72% of pensioners would struggle without BTL income

Almost three quarters (72%) of pensioners who have an investment property said they would struggle to make ends meet if they didn't have the income from their buy-to-let, according to Responsible Equity Release.

15 Apr 2016

LV= CEO to step down after ten years

LV= CEO to step down after ten years

LV= has announced that Mike Rogers will step down as Chief Executive after ten years in the role.

15 Apr 2016

RICS sees dip in activity following stamp duty changes

RICS sees dip in activity following stamp duty changes

RICS is expecting buyer demand and sales growth to ease as the new buy-to-let stamp duty deadline passes.

15 Apr 2016

TSB launches new three-year fix

TSB launches new three-year fix

TSB has reduced rates across its buy-to-let and residential mortgage ranges, as well as introducing a new three-year fixed rate.

15 Apr 2016

New intermediary only lender confirms launch partners

New intermediary only lender confirms launch partners

The Mortgage Lender, the intermediary only lender due to launch in the coming weeks, has confirmed its products will be available to members of five mortgage clubs.

14 Apr 2016

MPC votes unanimously to keep Bank Rate at 0.5%

MPC votes unanimously to keep Bank Rate at 0.5%

The Bank of England's Monetary Policy Committee voted unanimously to maintain Bank rate at 0.5% in its latest meeting.

14 Apr 2016

Newcastle launches sub-2% three-year fix

Newcastle launches sub-2% three-year fix

Newcastle Intermediaries has launched a new three year fixed rate product at 1.99% up to 80% LTV.

14 Apr 2016

Former UBS LIBOR trader to appeal FCA ban

Former UBS LIBOR trader to appeal FCA ban

A former UBS LIBOR trader is referring his recent FCA ban to the Upper Tribunal.

14 Apr 2016

Mortgage Trust revamps entire BTL range

Mortgage Trust revamps entire BTL range

Specialist buy-to-let mortgage provider Mortgage Trust has updated its entire buy-to-let range, with 24 new products and five product refreshes.

14 Apr 2016

Octopus launches property-backed P2P product

Octopus launches property-backed P2P product

Octopus Investments is working with financial advisers to launch a new online lending product on the back of the rapid growth and continued government support of peer-to-peer lending.

14 Apr 2016

Coventry launches new five-year fixes

Coventry launches new five-year fixes

Coventry for intermediaries has launched a new range of five-year fixed residential mortgages from 65% - 90% LTV.

14 Apr 2016

Mortgage Hut partners with MAB

Mortgage Hut partners with MAB

Southampton based Mortgage Hut has partnered with Mortgage Advice Bureau.

14 Apr 2016

Fluent Money on track for fully CeMAP qualified team

Fluent Money on track for fully CeMAP qualified team

Fluent Money is on course to have all 85 of its client facing team fully CeMAP qualified by the end of May.

14 Apr 2016

Home sales surge by 30% ahead of stamp duty rise

Home sales surge by 30% ahead of stamp duty rise

Home sales in England and Wales surged by 30% in March ahead of the stamp duty surcharge - with over 80,000 properties sold during the month, according to Your Move.

14 Apr 2016

Home lending sees best Q1 since 2007

Home lending sees best Q1 since 2007

Home lending has seen its best opening quarter for nine years with 210,468 house purchase approvals granted, according to e.surv.

14 Apr 2016

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