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NatWest revamps criteria for high-income contractors

NatWest revamps criteria for high-income contractors

NatWest Intermediary Solutions has introduced changes to the way it assesses the income of high earning contractors and the type of maintenance payments it will accept.

12 Dec 2016

Three new distributors join UnderwriteMe

Three new distributors join UnderwriteMe

Following an initial launch with independent Protection advice firm, LifeSearch, and a direct to consumer implementation through Cavendish Online, UnderwriteMe has been chosen by three further intermediaries: Assured Futures, Tuto and Future Proof.

12 Dec 2016

L&G Matrix to provide latest BTL calculations

L&G Matrix to provide latest BTL calculations

Legal & General Mortgage Club has today announced the launch of its new Rental Calculation Matrix which aims to raise awareness of the incoming buy-to-let changes next year.

12 Dec 2016

FCA launches review into mortgage advice

FCA launches review into mortgage advice

The FCA has launched a new market study to consider whether competition in the mortgage sector can be improved to benefit consumers.

12 Dec 2016

Affordable housing firm to launch in UK

Affordable housing firm to launch in UK

Indian residential property developer, Xrbia, is set to launch in the UK in a bid to help tackle the housing crisis.

12 Dec 2016

Retirees earning £26,000 a year in property wealth

Retirees earning £26,000 a year in property wealth

Retired homeowners have gained an average of £26,000 this year from their houses, according to Key Retirement research.

12 Dec 2016

79% of consumers unaware of second charge

79% of consumers unaware of second charge

79% of people in the UK don’t know what a second charge mortgage is, despite increased promotion following the Mortgage Credit Directive, according to Together research.

12 Dec 2016

House prices recover to pre-referendum levels

House prices recover to pre-referendum levels

The average house price in England and Wales rose by 0.1% in November, marking a recovery to the level immediately prior to the referendum, according to the latest Your Move house price index.

12 Dec 2016

In the Spotlight with Jason Neale, Magellan Homeloans

In the Spotlight with Jason Neale, Magellan Homeloans

We spoke to Jason Neale, Sales Director at Magellan Homeloans, about the supply of affordable new housing and the future of the complex lending market.

09 Dec 2016

Second charge lending drops 22%: FLA

Second charge lending drops 22%: FLA

Second charge mortgage new business decreased 15% by value and 22% by volume in October compared to the same month last year, according to figures released by the Finance & Leasing Association.

09 Dec 2016

 

FCA plans to extend mortgage rules to crowdfunding

FCA plans to extend mortgage rules to crowdfunding

The FCA plans to modify a number of rules relating to the crowdfunding market, and is considering extending mortgage-lending standards to loan-based platforms.

09 Dec 2016

Aldermore appoints Head of Intermediary Distribution

Aldermore appoints Head of Intermediary Distribution

Aldermore has announced the appointment of Roger Evans as Head of Intermediary Distribution.

09 Dec 2016

BTL listings surge in November

BTL listings surge in November

According to the latest data from crowdfunding platform, Property Partner, there has been a surge in the number of new buy-to-let properties coming to market as almost six out of ten UK towns and cities saw a rise during November.

09 Dec 2016

Coventry launches 2 year fix at 1.29%

Coventry launches 2 year fix at 1.29%

Coventry for intermediaries has announced today that it has reduced rates for selected 2 Year Fixed products at 50- 90% LTV, across its Buy to Let and Residential ranges including its lowest ever 2 Year Fixed rate at 1.29%.

09 Dec 2016

Has the stamp duty rise caused prime housing sales to crash?

Has the stamp duty rise caused prime housing sales to crash?

According to a new report from London Central Portfolio (LCP), in the six months since the Government raised stamp duty on second properties, the revenue from stamp duty has actually fallen by £500m.

09 Dec 2016

MAB launches Australian arm

MAB launches Australian arm

Mortgage Advice Bureau has announced that it has completed its investment in its new Australian joint venture, MAB Broker Services Pty Ltd.

09 Dec 2016

Hodge Lifetime joins MCI panel

Hodge Lifetime joins MCI panel

Hodge Lifetime has become the latest lender to join MCI Mortgage Club’s growing panel, joining the likes of Nationwide, Woolwich and Lloyds Banking Group.

09 Dec 2016

Supporting the work of the CA

Supporting the work of the CA

Sometimes I look at the conveyancing market and the actions of certain stakeholders, and wonder what consumers think of it all.

09 Dec 2016

Mortgage Brain launches new second charge sourcing solution

Mortgage Brain launches new second charge sourcing solution

Technology and software solutions expert, Mortgage Brain, has announced that it has developed a secured loans solution for Tenet, enhancing its second charge proposition.

08 Dec 2016

Two in five workers forced to retire early

Two in five workers forced to retire early

The latest report from Aegon has revealed that although many of us in the UK have a target age we would like to retire at, nearly two in five (38%) of today’s retirees were forced to stop working before they reached it.

08 Dec 2016

Hinckley & Rugby welcome two new networks to its Privileged Partners Group

Hinckley & Rugby welcome two new networks to its Privileged Partners Group

Hinckley & Rugby BS has announced today that it has welcomed two networks of mortgage brokers to its select group of Privileged Partners.

08 Dec 2016

Uinsure increases CSI to £75,000

Uinsure increases CSI to £75,000

Uinsure is increasing the Contents Sum Insured on its residential Home Insurance policy from £60,000 to £75,000.

08 Dec 2016

Al Rayan Bank surpasses £1 billion in assets

Al Rayan Bank surpasses £1 billion in assets

Al Rayan Bank has announced that the value of its retail and commercial assets has surpassed £1 billion for the first time.

08 Dec 2016

Y3S announces record £30m quarter

Y3S announces record £30m quarter

Y3S Group has announced a record quarter of completions via its second charge loan brands, Y3S Loans and Chaseblue Loans.

08 Dec 2016

Treasury hires Nucleus chief as fintech envoy

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Treasury hires Nucleus chief as fintech envoy

The Treasury has appointed Nucleus founder and chief executive David Ferguson as a regional fintech envoy to boost the growth of fintech in Scotland, to raise its profile and ensure the UK remains competitive in the market.

08 Dec 2016

Pepper launches 30-month fixed rate

Rob Barnard - Aldermore

Pepper launches 30-month fixed rate

Pepper Homeloans has launched a limited edition residential mortgage offering 30-month fixed rates.

08 Dec 2016

Housing sales to see 'slow recovery' in 2017: RICS

Housing sales to see 'slow recovery' in 2017: RICS

Sales activity in the residential market is increasing, but a slow start to 2017 is expected due to a lack of stock, according to the November RICS Residential Market Survey.

08 Dec 2016

Conveyancing transactions soar 55% in three years

Conveyancing transactions soar 55% in three years

Productivity levels in the conveyancing market increased by a significant 55% over three years to reach an average rate of 110 transactions per conveyancer last year, according to Search Acumen.

08 Dec 2016

Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

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