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Santander to launch FTB range outside HTB

Santander to launch FTB range outside HTB

Santander is the latest lender to confirm that it will lend at 95% LTV without the assistance of HTB2 scheme.

11 Sep 2015

Borro launches into short-term resi market

Borro launches into short-term resi market

Borro, the online platform for luxury asset lending, has announced its launch into the short-term residential property loan market.

11 Sep 2015

Financial planning firm accepts £258m takeover deal

Financial planning firm accepts £258m takeover deal

Financial planning firm Jelf Group has reached a takeover agreement with insurance broker Marsh which has valued the company at approximately £258 million.

11 Sep 2015

Natwest to reintroduce interest only mortgages

Natwest to reintroduce interest only mortgages

NatWest Intermediary Solutions will be reintroducing residential interest only mortgages for new business from Monday 21 September, and will also be reintroduced to NatWest's retail channels.

11 Sep 2015

Secured lending soars 21% as sector approaches £1bn landmark

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Secured lending soars 21% as sector approaches £1bn landmark

The second charge market enjoyed a strong summer, with monthly secured lending soaring to £85.5m in July, according to the latest Enterprise Finance Secured Loan Index.

11 Sep 2015

Consumers shift to 'mobile search' for financial advice

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Consumers shift to 'mobile search' for financial advice

An increasing number of consumers search for financial advice from mobile devices as opposed to desktop computers, according to lead generation firm E-Finity Leads.

11 Sep 2015

Yorkshire BS launches sub-4% FTB rate

Yorkshire BS launches sub-4% FTB rate

Yorkshire Building Society has launched a mortgage for borrowers with a 5% deposit which is fixed for two years at a rate of 3.98%.

11 Sep 2015

Tesco Bank launches 2.39% FTB rate

Tesco Bank launches 2.39% FTB rate

Tesco Bank is cutting rates on its 2 year and 5 year mortgage products, with its new range offering a 2.39% two-year fix at 90% LTV.

10 Sep 2015

House prices set to accelerate after hitting 12-month high

House prices set to accelerate after hitting 12-month high

House price inflation is gathering pace, underpinned by the enduring mismatch between falling new instructions to sell and rising buyer demand, according to the latest RICS Residential Market Survey.

10 Sep 2015

MPC votes 8-1 to maintain Bank Rate as global risks continue

MPC votes 8-1 to maintain Bank Rate as global risks continue

At its meeting ending on 9 September 2015, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%.

10 Sep 2015

 

FCA fines and bans insurance broker

FCA fines and bans insurance broker

The FCA has fined insurance broker Ralph Whittington £42,111 and banned him from performing any function in relation to regulated activity for "misappropriating" clients' insurance premiums.

10 Sep 2015

Kensington to buy £2.5bn of GE Money loans

Kensington to buy £2.5bn of GE Money loans

Kensington Group is reportedly in talks to buy a portion of GE Capital's specialist lending subsidiary, GE Money Home Lending.

10 Sep 2015

Masthaven Secured Loans reports record month

Masthaven Secured Loans reports record month

Masthaven Secured Loans has reported its best ever month with new business in August 26% higher than the company's previous record month.

10 Sep 2015

Age Partnership launches underwriting service for BPA market

Age Partnership launches underwriting service for BPA market

Age Partnership has launched Age Partnership Underwriting Services, aimed at defined benefit pension schemes, and their trustees, who are considering a bulk purchase annuity process where scheme members' health and lifestyle is taken in to account.

10 Sep 2015

Sesame launches residential exclusives via Virgin

Sesame launches residential exclusives via Virgin

Appointed representatives of Sesame network now have access to two new residential exclusive fixed rate products via Virgin Money.

10 Sep 2015

Fluent Money appoints Head of Partnerships

Fluent Money appoints Head of Partnerships

Second charge provider Fluent Money has strengthened its senior team with the appointment of James Dunbabin as Head of Partnerships.

10 Sep 2015

Annual house price growth rises to 9%

Annual house price growth rises to 9%

House prices in the three months to August grew 9.0% on an annual basis - lower than June's 9.6% but higher than last month's 7.8% - according to the latest Halifax house price index.

10 Sep 2015

House purchase lending at 18-month high

House purchase lending at 18-month high

The number of mortgage approvals for house purchase has risen by 9.3% to 69,220 in August - an 18-month high.

10 Sep 2015

Nationwide launches new sub-4% FTB range

Nationwide launches new sub-4% FTB range

Nationwide is launching £1billion of additional lending over the next year for house buyers with a 5% deposit, with products starting at under 4%.

09 Sep 2015

NIESR: GDP slows to 0.5% in August

NIESR: GDP slows to 0.5% in August

The National Institute for Economic and Social Research's preliminary estimate shows that GDP growth slowed to 0.5% in the three months ending in August 2015.

09 Sep 2015

Kevin Paterson: A period of increasing insurance premiums?

Kevin Paterson: A period of increasing insurance premiums?

In this week's Expert Opinion, Kevin Paterson discusses the IPT stealth tax, new landlord regulations, and the Zurich takeover bid.

09 Sep 2015

Barclays launches new fixed-rate and overhauls BTL range

Barclays launches new fixed-rate and overhauls BTL range

From tomorrow, Barclays is reducing rates on its fixed-rate residential range as well as ten Buy to Let products.

09 Sep 2015

John Cupis to join Openwork as Mortgage Director

John Cupis to join Openwork as Mortgage Director

Openwork has announced the appointment of John Cupis as Mortgage Director, in a move that completes the restructure of the network's core distribution business.

09 Sep 2015

SBG's John Cupis to step down in restructure

SBG's John Cupis to step down in restructure

Sesame Bankhall Group has announced that its managing Director of Mortgages, John Cupis, will step down from his role following a strategic review.

09 Sep 2015

Help to Buy sees record breaking June

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Help to Buy sees record breaking June

4,745 people received equity loans through the Help to Buy scheme in June - the highest number since the scheme was launched in 2013.

09 Sep 2015

Former FCA senior associate joins Retirement Advantage

Retirement

Former FCA senior associate joins Retirement Advantage

Retirement Advantage Equity Release have appointed former FCA senior associate and equity release specialist David Forsdyke as the company's new Head of Compliance.

09 Sep 2015

Aldermore revamps let to buy criteria

Aldermore revamps let to buy criteria

Aldermore is today extending its let to buy mortgage offering, which will enable borrowers to purchase a new residential owner-occupied property, while retaining their existing home as a buy to let property.

09 Sep 2015

Hargreaves Lansdown to launch P2P offering

Hargreaves Lansdown to launch P2P offering

Hargreaves Lansdown has announced that it is developing a range of cash management services including cash broking and peer to peer lending which it expects to launch in the second half of 2016.

09 Sep 2015

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