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Housing market confidence dips in April

Housing market confidence dips in April

Confidence in the housing market dipped slightly last month, despite the fact that interest rates were held again and average house prices continued to increase, according to the latest monthly Halifax Housing Market Confidence Tracker.

30 May 2015

Equity release on interest-only triples post-MMR

Equity release on interest-only triples post-MMR

The number of people using equity release as a means to pay off an interest-only mortgage has tripled since the Mortgage Market Review ushered in tougher affordability measures in April last year.

30 May 2015

In the Spotlight with Richard Pike, Phoebus Software

In the Spotlight with Richard Pike, Phoebus Software

We spoke to Richard Pike, Sales & Marketing Director at Phoebus Software, about interest only mortgages what the future holds for mortgage software.

29 May 2015

Mortgage Brain enhances training support

Mortgage Brain enhances training support

Mortgage Brain has announced a range of new product demonstration webinars.

29 May 2015

Teachers BS widens Shared Ownership availability

Teachers BS widens Shared Ownership availability

Teachers Building Society has made its Shared Ownership mortgage available for remortgage as well as home purchase.

29 May 2015

FTB numbers grow 11% in April

FTB numbers grow 11% in April

There were 25,600 first-time buyer completions in April 2015, 11.3% higher than 23,000 in March and 33.3% higher than three months ago.

29 May 2015

TSB reduces high-LTV rates

TSB reduces high-LTV rates

TSB is today reducing mortgage rates for homebuyers with smaller deposits who are looking to take out a fixed rate mortgage.

29 May 2015

Lack of understanding prevents retirees utilising pension reforms

Lack of understanding prevents retirees utilising pension reforms

1.3 million over 55s (47%) do not intend to take out a cash lump sum following the pension freedoms, citing a perceived lack of understanding and confidence in the reforms as the main reason.

29 May 2015

Number of remortgagors using brokers continues to rise

Number of remortgagors using brokers continues to rise

More than two-fifths (44%) of remortgagors consulted an independent adviser or broker in April, up from 39% in March and 36% in February.

29 May 2015

FCA to double capital resource requirements for investment firms

FCA to double capital resource requirements for investment firms

The FCA has announced plans to raise the minimum capital resources requirement for personal investment firms from £10,000 to £20,000.

29 May 2015

 

TSB launches "breathing space" mortgage range

TSB launches "breathing space" mortgage range

From today, TSB is launching a new range of “breathing space” mortgages – mortgages which, for the first year have a lower interest rate to help customers wanting to put their own stamp on their new home.

29 May 2015

MMR 12 months on: grounds for (cautious) optimism?

Blogs

MMR 12 months on: grounds for (cautious) optimism?

Is it really a year since the implementation of MMR? Have things changed for the better in the last 12 months and what can we expect to see in the next 12 and beyond?

28 May 2015

99% say there is still a need for High Street branches

99% say there is still a need for High Street branches

99% of customers interviewed by Newcastle Building Society responded 'yes' when asked if they feel there is still a need for branches on the High Street, with their main reason for choosing a branch being ‘access to cash and access to products that aren’t available online’.

28 May 2015

L&G’s Pensions Strategy Director to join TISA

L&G’s Pensions Strategy Director to join TISA

TISA has announced that Adrian Boulding, currently Pensions Strategy Director at Legal and General, has been appointed as its Policy Strategy Director.

28 May 2015

Paradigm adds Marsden BS to lender panel

Paradigm adds Marsden BS to lender panel

From today, Paradigm has access to Marsden Building Society’s range of mortgage products.

28 May 2015

Accord reduces three-year fixed rates

Accord reduces three-year fixed rates

Accord Mortgages has reduced rates on its three-year fixed rate mortgages by 0.10%.

28 May 2015

BBA: April saw "significant rise" in mortgage approvals

BBA: April saw "significant rise" in mortgage approvals

There was a "significant rise" in the number of mortgage approvals in April, according to the April 2015 figures from the BBA.

28 May 2015

CMA to assess impact of RBS challenger bank sale

CMA to assess impact of RBS challenger bank sale

The government has today asked the Competition and Markets Authority to assess the likely impact on competition in the UK banking sector when RBS sells its Williams & Glyn business.

28 May 2015

DeVere CEO: Osborne will target higher earners’ pension tax perks

DeVere CEO: Osborne will target higher earners’ pension tax perks

Nigel Green, CEO and founder of deVere Group, has urged Britain’s higher earners to review their tax relief on pensions ahead of Chancellor George Osborne’s post-election Budget, scheduled for 8 July.

28 May 2015

Quantum Valuations joins ASTL

Quantum Valuations joins ASTL

Quantum Valuations has become an associate member of the Association of Short Term Lenders, bringing the number of ASTL’s associate members to 19.

28 May 2015

Newcastle BS launches 80% fixed rate range

Newcastle BS launches 80% fixed rate range

Newcastle Building Society has launched a 1.65% two-year fixed rate mortgage at 80% LTV.

28 May 2015

45% fail to buy post-MMR

45% fail to buy post-MMR

Almost half (45%) of those who planned to buy a property since the introduction of MMR have failed to do so.

28 May 2015

FCA to consider additional PPI rules

FCA to consider additional PPI rules

The FCA is collecting evidence on current trends in complaints on payment protection insurance and could consider implementing additional rules and guidance following a Supreme Court case.

27 May 2015

Queen's Speech: Will triple lock apply to single tier pension?

Queen's Speech: Will triple lock apply to single tier pension?

Today’s Queen’s Speech announced the government’s intention to ‘secure the real value of the Basic State Pension so that more people can live in dignity and security in retirement.’

27 May 2015

Santander to cut rates across product ranges

Santander to cut rates across product ranges

Santander is launching new fixed rate and tracker rate mortgages from tomorrow, including a 60% LTV 2 year tracker at 1.69%.

27 May 2015

BoE pilots MPC rate meetings overhaul

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BoE pilots MPC rate meetings overhaul

The Bank of England is beginning a two month pilot of its new MPC meeting schedule before a full roll-out in August.

27 May 2015

Queen's Speech: Industry sceptical of Right to Buy extension

Queen's Speech: Industry sceptical of Right to Buy extension

The Queen has announced that "legislation will be introduced to support home ownership and give housing association tenants the chance to own their own home".

27 May 2015

The solution to the pension advice 'fear factor'

The solution to the pension advice 'fear factor'

Let’s be honest, the Pension Wise operation and service is not exactly flavour of the month with the media at present and, for a number of reasons which are beyond their control, there is a danger that the whole Guidance Guarantee could be tarnished before it’s truly got going.

27 May 2015

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