Latest News

Are you overlooking the buy-to-let second-charge market?

Are you overlooking the buy-to-let second-charge market?

The buy-to-let market has hardly been out of the news recently what with the continued growth in lending and, perhaps unsurprisingly, the subsequent increase in political, regulatory and economic scrutiny that has led on from this.

09 Sep 2015

Global credit analysts warn banks of alternative lender 'threat'

Global credit analysts warn banks of alternative lender 'threat'

Alternative lending is set to stay and significantly shake up the banking market, according to the world's credit experts.

09 Sep 2015

Dudley BS launches niche remortgage range

Dudley BS launches niche remortgage range

The Dudley Building Society has announced the launch of three new remortgage products aimed at the self employed and clients with large loans looking to refinance.

09 Sep 2015

Industry calls for new Help to Buy details

Industry calls for new Help to Buy details

Home builders have welcomed a 9% rise in the total number of new homes built across Scotland, but are reinforcing calls for early clarity on the details of the successor to the Help to Buy scheme if such an increase is to be maintained.

09 Sep 2015

32% experience financial shocks, but only a third protected

32% experience financial shocks, but only a third protected

Almost one third (32%) of UK adults have experienced a serious financial shock in the past five years such as losing their job or being unable to work due to injury - but only a third (35%) had the right insurance in place to cushion the financial blow, according to new research from the Money Advice Service.

09 Sep 2015

Metro Bank prepares for £1bn Float

Metro Bank prepares for £1bn Float

Metro Bank has begun talks with advisers as it prepares to float as early as Q1 next year, according to reports.

08 Sep 2015

One in ten could benefit from a second charge loan

One in ten could benefit from a second charge loan

Up to one in ten remortgage or further advance customers could benefit from taking a second charge loan, according to V Loans.

08 Sep 2015

MCD: a new age for the secured loan industry

MCD: a new age for the secured loan industry

The new regulatory regime of the Financial Conduct Authority represents a new age for the secured loan industry.

08 Sep 2015

LV= doubles H1 profit and announces protection expansion

LV= doubles H1 profit and announces protection expansion

Group operating profit at LV= rose 103% to £79 million in H1, largely due to an increase in retirement and income protection sales.

08 Sep 2015

Fleet Mortgages launches new BTL product

Fleet Mortgages launches new BTL product

Fleet Mortgages has launched a new standard buy-to-let product with a limited tranche of funding available.

08 Sep 2015

 

BoE and FCA: interest rates hit new record low

BoE and FCA: interest rates hit new record low

Average interest rates on gross advances hit a new record low in Q2, according to the Bank of England and FCA's latest Mortgage Lenders and Administrators Statistics.

08 Sep 2015

LMS extends partnership with Marsden BS

LMS extends partnership with Marsden BS

LMS has extended its relationship with The Marsden Building Society by providing its General Panel Management service to the Society.

08 Sep 2015

78% of variable rate homeowners not prepared for rate rise

78% of variable rate homeowners not prepared for rate rise

78% of homeowners with a variable rate mortgage aren't budgeting for increased payments, despite 80% believing there will be a rate increase within 12 months, according to Equifax.

08 Sep 2015

Remortgaging activity doubles in 12 months

Remortgaging activity doubles in 12 months

Remortgaging activity has soared in August, outperforming all other areas of the housing market, according to the latest research from Connells Survey & Valuation.

08 Sep 2015

Virgin overhauls fixed-rate range

Virgin overhauls fixed-rate range

Virgin Money has announced a number of residential rate reductions between 70% and 90% LTV by up to 0.20%, available from tomorrow.

07 Sep 2015

Accord revamps residential range

Accord revamps residential range

From today, Accord is making number of changes to its residential product range.

07 Sep 2015

FCA: affordability solution is not "easy, certain or singular"

FCA: affordability solution is not "easy, certain or singular"

Speaking at today's FCA Mortgage Conference, Christopher Woolard, Director of Strategy and Competition, said that assessments of mortgage applicants' circumstances will continue to require more care than they did pre-crisis, and that market features need to facilitate further competition.

07 Sep 2015

HSBC opens up BTL range to non-HSBC customers

HSBC opens up BTL range to non-HSBC customers

HSBC is making a "fundamental change" to its Buy To Let range by making it available to non-HSBC customers for the first time.

07 Sep 2015

Leeds BS launches new Welcome Mortgage range

Leeds BS launches new Welcome Mortgage range

Leeds Building Society has refreshed its mortgage range aimed at First Time Buyers.

07 Sep 2015

Lack of IFA permissions causes rise in rejected pension transfers

Lack of IFA permissions causes rise in rejected pension transfers

The pensions industry is warning of the growing prevalence of rejected pension transactions, as advisers may not have the appropriate permissions in place to help all the customers instructing them.

07 Sep 2015

Older borrowers want lending age caps scrapped

Older borrowers want lending age caps scrapped

Older borrowers want to see age limits on lending scrapped, with nearly half saying lending should be based on ability to repay.

07 Sep 2015

Lloyds Bank to pay legal fees

Legal

Lloyds Bank to pay legal fees

From today, Lloyds Bank will pay for basic legal work on a property purchase, for those using the Lloyds Bank econveyancing service.

07 Sep 2015

New adviser firm expands team ahead of launch

New adviser firm expands team ahead of launch

Continuum, the new adviser firm headed by Martin Brown and part of the Caerus Capital Group, has announced the appointment of corporate specialist, Darren Critten.

07 Sep 2015

UK FTBs face toughest conditions in Europe

UK FTBs face toughest conditions in Europe

First time buyers in the UK are facing some of the toughest conditions across Europe, according to an ING International Survey on Homes and Mortgages which surveyed over 15,000 people across 15 countries.

07 Sep 2015

In the Spotlight with Melanie Whiting, Norton Finance

In the Spotlight with Melanie Whiting, Norton Finance

We spoke to Melanie Whiting, Mortgage Manager at Norton Finance, about preparing for the MCD and the continuing challenges facing first-time buyers.

04 Sep 2015

CML reveals largest mortgage lenders

CML reveals largest mortgage lenders

Lloyds remains the UK's largest mortgage lender according to CML data, holding a market share of 19.8% in 2014 which totalled £40.3bn in lending.

04 Sep 2015

The start of 'Expo season'

The start of 'Expo season'

The start of September often signals the firing of the starting gun for the housing and mortgage markets as we enter what is, traditionally, a very busy time of the year.

04 Sep 2015

Secured loan sourcing systems post-MCD

Secured loan sourcing systems post-MCD

With all the regulatory change that is ongoing, it is probably a relief to finance advisers that the technology exists in order to be able to cope with all these developments.

04 Sep 2015

Latest Money Careers

Popular this week

Buy-to-Let Roadshow
April 2017

18th-21st April

4 days
7 specialists
4 locations
Free to attend

Click here to register now