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Homeowners keen to cash in equity gains

Homeowners keen to cash in equity gains

Homeowners are aiming to cash in over £9,000 of equity gains made over the last year by remortgaging, according to the Mortgage Search Tracker from Mortgage Advice Bureau, which shows that the typical customer looking to remortgage in Q1 2015 had a home worth £248,191.

15 May 2015

Ipswich BS launches 95% discount deals

Ipswich BS launches 95% discount deals

Ipswich Building Society has announced a trio of new discount deals to support its selection of fixed rate schemes.

14 May 2015

Retirees shun Pension Wise service despite inadequate savings

Retirees shun Pension Wise service despite inadequate savings

Only one in five people (20%) aged over 55 will take up government guidance to help them in retirement, according to new research from Sanlam.

14 May 2015

RICS: stock shortages will push further price increases

RICS: stock shortages will push further price increases

House prices were driven up again in April as data showed the third consecutive monthly decline in supply with new instructions falling at their fastest rate since May 2009, according to the latest RICS UK Residential Market Survey.

14 May 2015

Mortgage Partnership adds Castle Trust to panel

Mortgage Partnership adds Castle Trust to panel

Castle Trust, the mortgage and investment company, has been appointed to The Mortgage Partnership’s lender panel.

14 May 2015

Second charge repossessions fall 45.3%

Second charge repossessions fall 45.3%

Figures released today by the Finance & Leasing Association show that the number of second charge mortgage repossessions fell 45.3% in Q1 2015, compared with the same period last year.

14 May 2015

Complete FS announces specialist lender event

Complete FS announces specialist lender event

Complete FS is inviting intermediaries to join them at Southampton Football Club on the 19th May for its specialist lender event.

14 May 2015

Ezbob announces instant proc fee payout

Ezbob announces instant proc fee payout

Ezbob has launched an automatic commission payout feature, having developed its technology platform to ensure intermediary partners receive their commission payment within 30 minutes of completing a deal.

14 May 2015

High LTV lending supports April mortgage market

High LTV lending supports April mortgage market

Loans to borrowers with small deposits saw a year-on-year increase in April - up 7.3% year-on-year and 6.4% more than the 9,508 borrowers seen in March.

14 May 2015

Accord launches 1.44% fixed rate

Accord launches 1.44% fixed rate

Accord Mortgages is today reducing mortgage rates for borrowers with a 35% deposit.

13 May 2015

 

Nucleus appoints new head of people & development

Nucleus appoints new head of people & development

Nucleus, the adviser-built wrap, has announced the appointment of Kirsty Lynagh as its new head of people & development.

13 May 2015

Brokers optimistic for new build and BTL markets

Brokers optimistic for new build and BTL markets

Mortgage intermediaries are confident in the prospects of the buy-to-let and new build markets over the next six months, according to research by NatWest Intermediary Solutions.

13 May 2015

Properties for sale at five-year high, but affordable homes decline

Properties for sale at five-year high, but affordable homes decline

Between January and March 2015, the number of homes that entered the market for sale hit their highest level since Q1 2010, rising 5.2% year-on-year to 229,939.

13 May 2015

Carney: further open letters "very likely"

Carney: further open letters "very likely"

In Mark Carney's open letter to George Osborne, published today, the Governor admitted that it is "very likely that [he] will need to write further open letters in the coming months".

13 May 2015

Zopa clone firm caught by FCA

Zopa clone firm caught by FCA

The FCA has published a statement to warn consumers against dealing with Zopa Loans Reviews, which has been carrying out consumer credit activities in the UK without our permission or authorisation.

13 May 2015

TSB Intermediary launches first BTL range

TSB Intermediary launches first BTL range

From today, TSB Intermediary will provide buy to let mortgages as the bank expands its mortgage range available through brokers.

13 May 2015

One in six consider remortgaging as rate cuts continue

One in six consider remortgaging as rate cuts continue

Up to one in six (16%) homeowners are considering remortgaging over the next six months as the ongoing mortgage price wars cut rates.

13 May 2015

Holloway Friendly launches critical illness IP policy

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Holloway Friendly launches critical illness IP policy

Holloway Friendly has launched a critical illness income protection policy that will pay a regular benefit to replace loss of earnings when someone is unable to work due to a specified critical illness.

13 May 2015

Leeds BS launches new fixed rates

Leeds BS launches new fixed rates

Leeds Building Society has launched new two year fixed rate mortgages – at 2.09% up to 75% LTV and 2.19% up to 80% LTV – and a five year fix at 2.94% up to 80% LTV.

12 May 2015

Nationwide cuts 10 year fixes

Nationwide cuts 10 year fixes

Nationwide's 10 year fixed rate mortgages have been cut by up to 0.65% for existing Nationwide mortgage customers looking to switch to a new deal, as part of the Society’s Loyalty Rate Mortgages initiative to offer the best rates on the high street to existing customers.

12 May 2015

Yorkshire BS launches its first four-year fixed rate range

Yorkshire BS launches its first four-year fixed rate range

Yorkshire Building Society has launched its first-ever range of four-year fixed rate mortgages in a bid to offer an even wider choice of mortgage options.

12 May 2015

Principality to sell Nemo "amid regulatory changes"

Principality to sell Nemo "amid regulatory changes"

Principality is reportedly seeking a buyer for second-charge mortgage lender Nemo Personal Finance.

12 May 2015

RBS faces $450m fine over false mortgage statements

RBS faces $450m fine over false mortgage statements

Royal Bank of Scotland could face fines of nearly half a billion dollars after it made false statements when selling mortgage-backed securities in the United States.

12 May 2015

Younger customers bring flexible demands to the equity release market

Younger customers bring flexible demands to the equity release market

When the FCA implemented their mortgage market review, there was a distinct lack of clarity and guidelines around mortgage lending into retirement.

12 May 2015

Blimey Loans to host specialist lending roadshows

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Blimey Loans to host specialist lending roadshows

Scottish Packager, Blimey Loans, has announced that it will host two specialist lending roadshows next month in Glasgow and Edinburgh.

12 May 2015

Dragonfly revamps resi refurbishment range

Dragonfly revamps resi refurbishment range

Dragonfly Property Finance, part of the Octopus group, has announced an overhaul of its residential refurbishment products to offer landlords and developers more flexibility.

12 May 2015

Royal London sees drawdown sales soar

Royal London sees drawdown sales soar

Royal London, the mutual life, pensions and investment company, has announced strong Q1 growth across all of its pension products.

12 May 2015

Ros Altmann appointed Pensions Minister

Ros Altmann appointed Pensions Minister

Consumer champion and pensions expert Dr. Ros Altmann has been appointed Minister of State (Minister for Pensions) at the Department for Work and Pensions.

12 May 2015

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