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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

TSB raises mortgage rates for lower LTVs

TSB raises mortgage rates for lower LTVs

TSB has today made rate changes to its two and five-year fixed rate mortgages, two-year trackers for homemovers and to its five year-fixed rates for remortgagees.

04 Sep 2015

FCA to warn against scam firms in Financial Services Register

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FCA to warn against scam firms in Financial Services Register

The Financial Conduct Authority will launch a new Financial Services Register from Monday which will make it easier to find information on unauthorised firms for the first time.

04 Sep 2015

Large businesses lead the pack for pensions contributions

Large businesses lead the pack for pensions contributions

Employer contributions are crucial to boosting pension savings for over half (54%) of those enrolled in a defined contribution pension scheme in the UK, new research has revealed.

04 Sep 2015

Connells invests £5m to grow surveyor team

Connells invests £5m to grow surveyor team

Connells Survey & Valuation has announced a new £5m annual investment into growing its team of Chartered Surveyors across the UK.

04 Sep 2015

1m have 'no plan' for repaying interest-only mortgages

1m have 'no plan' for repaying interest-only mortgages

Around a million people could have their homes repossessed because they have no way of paying off their interest-only mortgages, Citizens Advice has warned.

04 Sep 2015

Home ownership aspirations reveal need for housing 'reshuffle'

Home ownership aspirations reveal need for housing 'reshuffle'

Legal & General has today revealed that almost half (47%) of age 18 to 54 UK adults1 aspire to live in a three bedroom house with a garden in 15 years’ time.

04 Sep 2015

Platform cuts rates on BTL range

Platform cuts rates on BTL range

Platform, the intermediary lender of The Co-operative Bank, has reduced rates on its Buy to Let mortgage range by up to 0.10 per cent.

03 Sep 2015

New mortgage rates announced at Clydesdale and Yorkshire banks

New mortgage rates announced at Clydesdale and Yorkshire banks

Clydesdale and Yorkshire Banks have launched new lower mortgage rates.

03 Sep 2015

HSBC reveals name of UK ring-fenced bank

HSBC reveals name of UK ring-fenced bank

HSBC announced today that the name of its UK ring-fenced bank will be HSBC UK, and not the dramatic return to the Midland branding as previously anticipated.

03 Sep 2015

Leeds BS appoints Head of Business Intelligence

Leeds BS appoints Head of Business Intelligence

Leeds Building Society has appointed Chris Long as Head of Business Intelligence.

03 Sep 2015

Retirement Advantage to launch blended retirement product

Retirement Advantage to launch blended retirement product

Retirement Advantage has announced plans to launch its new Retirement Account within the next quarter.

03 Sep 2015

ABI: pension freedoms payments reach £2.5bn

ABI: pension freedoms payments reach £2.5bn

Almost £2.5billion worth of payments has been made to customers in the first three months since the new pension freedoms came in, equivalent to £27million a day, according to the Association of British Insurers.

03 Sep 2015

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