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FTBs account for 28% of Prime London sales

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FTBs account for 28% of Prime London sales

First-time buyers are almost neck-and-neck with investors in the Prime London property market, according to estate agent Marsh & Parsons’ latest London Property Monitor.

30 Apr 2015

Nationwide launches lowest ever 2 and 5 year fixes

Nationwide launches lowest ever 2 and 5 year fixes

From tomorrow, Nationwide is making a series of rate reductions across its mortgage range, reducing selected fixed rate deals by up to 0.20%.

29 Apr 2015

Leeds triples intermediary team

Leeds triples intermediary team

Leeds Building Society is further strengthening its intermediary team to meet the growing demand for its mortgages from brokers and their clients.

29 Apr 2015

Saga blames "lazy lending" for mortgage age discrimination

Saga blames "lazy lending" for mortgage age discrimination

A recent Saga poll of more than 6,000 over 50s has shown has shown widespread concern about the behaviours of many mortgage lenders.

29 Apr 2015

Jerrold Holdings raises £100m for future expansion

Jerrold Holdings raises £100m for future expansion

Jerrold Holdings, the secured lender to the residential and commercial property sectors, has raised an additional £100 million in senior secured notes through a funding deal on the bond market.

29 Apr 2015

PMS and Sesame launch exclusives with Buckingham BS

PMS and Sesame launch exclusives with Buckingham BS

PMS members and appointed representatives of Sesame network now have access to an exclusive two-year discount rate product from Buckingham Building Society.

29 Apr 2015

Paradigm Protect partners with health insurance advice firm

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Paradigm Protect partners with health insurance advice firm

Paradigm Protect, the protection proposition for advisory firms, has today announced a new introducer relationship with health insurance advice firm ActiveQuote.

29 Apr 2015

Paragon launches new fixed rate savings account

Paragon launches new fixed rate savings account

Paragon Bank is launching a new two year fixed rate savings account today with an interest rate of 2.21% AER on deposits from £1,000 up to £100,000.

29 Apr 2015

April sees pick-up in house price growth

April sees pick-up in house price growth

UK house prices rose by 1% in April, the largest monthly increase since June 2014 according to the latest Nationwide house price index.

29 Apr 2015

SortRefer sees BTL boost following pension reforms

SortRefer sees BTL boost following pension reforms

SortRefer has seen a 53% uplift on the number of standard buy to let remortgage conveyancing quotes issued in the period since the April 7 pension reforms.

29 Apr 2015

 

Barclays sets aside extra £800m forex provision

Barclays sets aside extra £800m forex provision

Barclays has set aside "additional provisions of £800m" in Q1 alone to cover investigations relating to Foreign Exchange.

29 Apr 2015

Santander reduces H2B rates

Santander reduces H2B rates

Santander has reduced rates on its Help to Buy one 75% LTV two year fixed rate mortgage by 0.50% to 2.49%, while the 75% LTV five year fix is now 3.14% - both with a zero booking fee.

28 Apr 2015

Santander's mortgage applications drop 12%

Santander's mortgage applications drop 12%

Santander's Q1 financial results show that mortgage applications fell 12% year-on-year.

28 Apr 2015

GDP sees slowest quarterly growth since 2012

GDP sees slowest quarterly growth since 2012

UK GDP growth is estimated to have grown by 0.3% - the slowest quarterly growth since the end of 2012.

28 Apr 2015

BBA: Q1 sees increased mortgage demand

BBA: Q1 sees increased mortgage demand

House purchase approvals are trending upwards as consumers take advantage of competitive prices in the mortgage market, although lending activity is still down on this time last year.

28 Apr 2015

Scottish Widows to pay product transfer proc fees

Scottish Widows to pay product transfer proc fees

Scottish Widows Bank has today launched a new online Mortgage Product Transfer facility which simplifies the switching process for brokers and their clients.

28 Apr 2015

FSE Manchester unveils seminar programme

FSE Manchester unveils seminar programme

Financial Services Expo Manchester has today unveiled its seminar programme which will feature a key-note address by the Financial Conduct Authority.

28 Apr 2015

Value of remortgage lending hits two-year low

Value of remortgage lending hits two-year low

The value of monthly gross remortgage lending saw a slight decrease to £3.3bn in March, the lowest amount in two years and a 0.2% reduction from February’s CML figures.

28 Apr 2015

The benefits and disadvantages of joining a network

The benefits and disadvantages of joining a network

The sway of opinion in favour of networks or being directly authorised has ebbed and flowed ever since the network model has existed. At the moment, judged by the swell of mortgage and protection advisers looking to join First Complete, the balance of opinion is very much in favour of networks.

28 Apr 2015

Nigel Payne joins TFC Homeloans as MD

Nigel Payne joins TFC Homeloans as MD

Nigel Payne has joined specialist distributor TFC Homeloans as its managing director.

28 Apr 2015

Improved affordability sparks rush in mortgage applications

Improved affordability sparks rush in mortgage applications

Improved product affordability has helped to speed up mortgage activity following a slow end to 2014, according to the National Mortgage Index from Mortgage Advice Bureau.

28 Apr 2015

Compliance jobs up 13%

Compliance jobs up 13%

The number of compliance jobs advertised in the first quarter year-on-year rose by 13%, according to research from recruiter Robert Walters.

27 Apr 2015

Voters call for £20,000 ISA limit

Voters call for £20,000 ISA limit

With two weeks to go until the election, new research from investment service provider Willis Owen shows that voters want to see the ISA limit increase to £20,000.

27 Apr 2015

Are hidden protection statistics denting consumer confidence?

Are hidden protection statistics denting consumer confidence?

77% of consumers aren't aware of the current strong rate of pay outs for protection policies, according to research from Aegon.

27 Apr 2015

Tracker rates see increased popularity

Tracker rates see increased popularity

Research by Paragon Mortgages has revealed that the decline in tracker rate popularity seems to be shifting.

27 Apr 2015

Wealth Horizon launches financial advice ‘manifesto’

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Wealth Horizon launches financial advice ‘manifesto’

Financial advice firm Wealth Horizon has outlined where it would like to see changes in the financial advice industry over the coming years.

27 Apr 2015

Labour pledges to scrap FTB stamp duty

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Labour pledges to scrap FTB stamp duty

Ed Miliband will today announce plans to axe stamp duty for first time buyers, and give them priority access on new homes built.

27 Apr 2015

Precise recruits two national sales managers

Precise recruits two national sales managers

Precise Mortgages has expanded its sales team with the recruitment of two senior sales managers.

27 Apr 2015

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