Latest News

Osborne announces new MPC member

Osborne announces new MPC member

The Chancellor has announced that Dr Gertjan Vlieghe has been appointed as external member of the Monetary Policy Committee.

28 Jul 2015

ONS: GDP accelerates to 0.7% in Q2

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ONS: GDP accelerates to 0.7% in Q2

GDP is estimated to have increased by 0.7% in Q2 compared with growth of 0.4% in Q1, according to ONS' preliminary estimates.

28 Jul 2015

House prices rise to pre-crash levels in June

House prices rise to pre-crash levels in June

House prices picked up in June, with a monthly price increase of 1.1% compared to static prices in May, according to the latest Land Registry HPI.

28 Jul 2015

Does MMR favour BTL over residential homebuyers?

Does MMR favour BTL over residential homebuyers?

Private Finance has said that MMR has created a bias in lending which favours investors over residential homebuyers, especially in areas where property prices continue to rise.

28 Jul 2015

Precise launches BTL second charge range

Precise launches BTL second charge range

Precise Mortgages has launched a range of buy to let second charge loan products.

28 Jul 2015

Mortgage applications up 43%

Mortgage applications up 43%

Mortgage applications have increased by 43% in the last month according to deVere Mortgages, with the vast majority of new enquiries coming from overseas buyers and Britons living and working abroad.

28 Jul 2015

Moody's: base rate rise "wouldn't increase mortgage arrears"

Moody's: base rate rise "wouldn't increase mortgage arrears"

UK mortgage borrowers' strength will enable them to withstand moderate interest-rate rises, says ratings agency Moody's.

28 Jul 2015

Equity release lending hits record high in Q2

Equity release lending hits record high in Q2

Equity release lending to UK homeowners over the age of 55 totalled £384.3m in Q2 2015, the largest amount for any quarter since records began - surpassing the previous high of £375.4m reached in Q3 2014.

28 Jul 2015

When mortgage technology goes wrong?

When mortgage technology goes wrong?

Technology offered and utilised in the correct manner can be a great enabler for all concerned; there's no doubting that in the mortgage advice and lending worlds, pushing the envelope in a technology sense has enabled a much more streamlined service offering and has resulted in considerable cuts to the overall administration burden.

27 Jul 2015

BoE announces new PRA board members

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BoE announces new PRA board members

The Bank of England has announced two new appointments to the Board of the Prudential Regulation Authority.

27 Jul 2015

 

The pathway between guidance and advice

The pathway between guidance and advice

The world for those reaching retirement has certainly changed in the past 18 months.

27 Jul 2015

The Right Mortgage hires compliance director

The Right Mortgage hires compliance director

Gavin Earnshaw, former head of compliance at Pink Network, is set to join The Right Mortgage and Protection Network as compliance director on the 29 July.

27 Jul 2015

Payday lender faces £20m redress after FCA review

Payday lender faces £20m redress after FCA review

Ariste Holding Limited, trading as Cash Genie, has entered into an agreement with the Financial Conduct Authority to provide over £20 million of redress to more than 92,000 customers for unfair practices.

27 Jul 2015

Steve Webb to join Royal London

Steve Webb to join Royal London

Former pensions minister Steve Webb is set to take a "senior role" at Royal London, according to reports.

27 Jul 2015

Bellpenny completes £157m IFA purchase

Bellpenny completes £157m IFA purchase

Bellpenny has today announced that it has completed another transaction in the IFA market.

27 Jul 2015

Equity release advisers demand interest-only solutions

Equity release advisers demand interest-only solutions

Over 40% of advisers want to see equity release lenders launch more solutions for customers facing interest-only mortgage shortfalls, according to Bower Retirement.

27 Jul 2015

HLP adds West Brom to panel

HLP adds West Brom to panel

HomeLoan Partnership has appointed the West Brom to its panel of lenders.

27 Jul 2015

Housing demand at eleven year high

Housing demand at eleven year high

Demand for housing reached an eleven year high in June, according to the National Association of Estate Agents.

27 Jul 2015

Metro Bank joins TMA panel

Metro Bank joins TMA panel

Metro Bank has been appointed to TMA's panel of lenders, extending the range of mortgages available to directly authorised brokers who use TMA.

27 Jul 2015

RBS backs Masthaven with new funding line

RBS backs Masthaven with new funding line

Masthaven Secured Loans has signed an agreement with Royal Bank of Scotland which makes available additional funding for the lender.

27 Jul 2015

Average 'affordable' house costs £190,000

Average 'affordable' house costs £190,000

The average price paid for a property through an affordable housing scheme is now £189,786 according to Halifax - just 4% (£7,750) lower than the £197,535 average for house purchases.

25 Jul 2015

In the Spotlight with Phil Whitehouse, MCI Club

In the Spotlight with Phil Whitehouse, MCI Club

We spoke to Phil Whitehouse, Managing Director at MCI Club, about the future of mortgage software and the similarities between being an AR or DA.

24 Jul 2015

Pension scam trustees wound up by High Court

Pension scam trustees wound up by High Court

Omni Trustees Ltd and Imperial Trustee Services Ltd, the trustees of the Henley Retirement Benefit Scheme and the Capita Oak Pension Scheme, have been wound up by the High Court following an investigation conducted by Company Investigations of the Insolvency Service.

24 Jul 2015

Newcastle BS revamps five-year fixes

Newcastle BS revamps five-year fixes

Newcastle Building Society has launched a new range of five year products that come with a range of options including no fees and incentives.

24 Jul 2015

Openwork triples operating profit

Openwork triples operating profit

Openwork has tripled its operating profit to £5.5m in 2014, an increase of more than 230% on 2013 when it posted a profit of £1.7m.

24 Jul 2015

BBA: mortgage approvals up 8%

BBA: mortgage approvals up 8%

Mortgage approvals were around 8% higher in June than at the same time last year (after allowing for the effects of the change in mortgage rules), according to BBA's June 2015 figures for the high street banks.

24 Jul 2015

Heddwyn Richards joins The Right Mortgage Network

Heddwyn Richards joins The Right Mortgage Network

Heddwyn Richards, former Head of Development at HL Partnership, has been appointed as National Accounts Manager for The Right Mortgage Network.

24 Jul 2015

Halifax launches fixed fee mortgage range

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Halifax launches fixed fee mortgage range

Halifax Intermediaries has launched a range of £795 fixed fee mortgages with £500 cashback for home movers, remortgages, and first-time buyers.

24 Jul 2015

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Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

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