Latest News

LendInvest announces £3.1m profit

Christian Faes - Montello

LendInvest announces £3.1m profit

LendInvest has announced a profit of £3.1 million and £15 million in revenues for the year ending 31 March 2015.

12 Oct 2015

Chelsea BS reduces higher-LTV rates

Chelsea BS reduces higher-LTV rates

Chelsea Building Society has today launched a new mortgage for borrowers with a 15% deposit, with a rate of 1.82%, fixed for two years.

12 Oct 2015

State Pension top up scheme a "real opportunity" for advisers

State Pension top up scheme a "real opportunity" for advisers

The government has today launched its state pension top up scheme, which the industry has said could be a "real opportunity for advisers to engage and deliver value for consumers".

12 Oct 2015

Over half of FTBs leave town to get on the housing ladder

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Over half of FTBs leave town to get on the housing ladder

Half of tenants (51%) who took their first steps on the housing ladder in 2015 bought outside the town or city where they had been renting, up from 39% in 2008 according to research by Countrywide plc.

12 Oct 2015

80% of IFAs plan a 'phased approach' to retirement

80% of IFAs plan a 'phased approach' to retirement

Over a third (36%) of intermediaries that own all or part of their firm plans to semi-retire or retire fully in the next decade, according to a new study by Investec Wealth & Investment.

12 Oct 2015

Enterprise Finance rebrands ahead of MCD

Enterprise Finance rebrands ahead of MCD

Enterprise Finance has undergone an image overhaul as part of its preparations for the implementation of the Mortgage Credit Directive in March 2016.

12 Oct 2015

Lloyds appoints new Director of Strategic Partnerships

Latest News

Lloyds appoints new Director of Strategic Partnerships

Lloyds Banking Group has announced that Esther Dijkstra will be the new Director of Strategic Partnerships from 1 December.

12 Oct 2015

In the Spotlight with Alex Hammond, Kensington

In the Spotlight with Alex Hammond, Kensington

We spoke to Alex Hammond, Head of Marketing & Communications at Kensington, about their recent criteria changes and whether the tax changes for buy to let will cause a change within the sector.

09 Oct 2015

Precise loosens BTL criteria

Precise loosens BTL criteria

Precise Mortgages has improved its criteria for landlords with multiple properties.

09 Oct 2015

Kent Reliance appoints field based underwriter

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Kent Reliance appoints field based underwriter

Kent Reliance has appointed Steve Wood to the newly created role of Field Based Underwriter.

09 Oct 2015

 

Together expands regional development team

Together expands regional development team

Specialist lender Together has appointed a new regional development director to help businesses and entrepreneurs gain access to funding.

09 Oct 2015

Tyrie warns of bank levy effect on challenger banks

Tyrie warns of bank levy effect on challenger banks

Andrew Tyrie MP, Chairman of the Treasury Committee, has written to Andrew Bailey, Deputy Governor for Prudential Regulation at the Bank of England, about the effect of the Bank Corporation Tax Surcharge on new retail banks.

09 Oct 2015

The Nottingham extends 95% LTV range to brokers

The Nottingham extends 95% LTV range to brokers

Two new 95% first-time buyer mortgages from the Nottingham Building Society are being launched to intermediaries and will be available across the whole UK, after previously being offered only through the Society's branches.

09 Oct 2015

L&G Club offers exclusive with Skipton Intermediaries

L&G Club offers exclusive with Skipton Intermediaries

Legal & General Mortgage Club is today launching an exclusive product with Skipton Intermediaries to boost the range of deals on offer for its Club members.

09 Oct 2015

Stonebridge sees record quarter as mortgage applications hit £1bn

Stonebridge sees record quarter as mortgage applications hit £1bn

Stonebridge Group, the mortgage and insurance network, has announced a record set of quarterly results, particularly in its core mortgage and protection insurance services.

09 Oct 2015

Landbay first P2P lender to join the CML as full member

Landbay first P2P lender to join the CML as full member

Landbay, the peer-to-peer lending platform for buy-to-let mortgages, has announced that it is the first peer-to-peer lender to be invited to join the Council of Mortgage Lenders as a full member.

09 Oct 2015

Coventry for intermediaries reduces 90% LTVs

Coventry for intermediaries reduces 90% LTVs

Coventry for intermediaries has cut 90% LTV rates across its 2, 3 and 5 year fixed product ranges, with rates now starting from 3.19%.

09 Oct 2015

Market town dwellers pay a premium of £24,000

Market town dwellers pay a premium of £24,000

House prices in market towns continue to command a premium over those in neighbouring areas, according to research from Lloyds Bank.

09 Oct 2015

Challenger by name... challenging by nature

Challenger by name... challenging by nature

Are we about to witness the beginning of one of the biggest positive shake-ups the banking sector has seen for many years?

08 Oct 2015

MPC votes 8-1 to maintain Bank Rate

MPC votes 8-1 to maintain Bank Rate

At its meeting on 6 October, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%.

08 Oct 2015

RICS: house sales reach 16 month high

RICS: house sales reach 16 month high

House sales picked up across the UK in September, supported by a modest improvement in the availability of mortgage finance, according to the latest RICS Residential Market Survey.

08 Oct 2015

Tesco Bank launches lowest ever 90% LTV

Tesco Bank launches lowest ever 90% LTV

Tesco Bank has launched a 2.29% two-year fixed rate at 90% LTV, which it claims is the lowest on the market.

08 Oct 2015

Rate rise hint prompts boost in broker business enquiries

Rate rise hint prompts boost in broker business enquiries

A quarter of brokers believe that suggestions from the Bank of England that interest rates could start to increase around the turn of the year may have boosted business enquiries in the weeks immediately after.

08 Oct 2015

Industry predicts imminent State Pension announcement

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Industry predicts imminent State Pension announcement

On Monday 12th October the government launches its state pension top up scheme, known as 'Class 3A National Insurance contributions'.

08 Oct 2015

Sesame and PMS launch resi exclusive via Cambridge BS

Sesame and PMS launch resi exclusive via Cambridge BS

Sesame and PMS have launched an exclusive residential fixed rate product to appointed representatives of its network and members of its mortgage club via The Cambridge Building Society.

08 Oct 2015

September home sales at eight-year high

September home sales at eight-year high

Last month marked the strongest September for home sales since 2007, driven by activity in the north as tighter supply stalled sales in the south, according to the latest LSL England & Wales House Price Index.

08 Oct 2015

Industry 'failing to meet pension innovation challenge'

Industry 'failing to meet pension innovation challenge'

Failure to launch new retirement income solutions to meet the challenges of pension freedoms could undermine the success of the retirement revolution, MetLife has warned.

08 Oct 2015

One in ten women say they face mortgage discrimination

One in ten women say they face mortgage discrimination

Nearly one in ten young women (9%) who have applied for a mortgage in the last ten years say they were discriminated against by lenders on the basis that they were pregnant or intending to start a family, according to new research from uSwitch.com.

08 Oct 2015

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