Latest News

iZone Software launches secured loan processing system

iZone Software launches secured loan processing system

iZone Software, the newly launched software division of Brilliant Group, today announced the launch of the company’s latest software product, a fully compliant and sales driven secured loan advice and processing system developed specifically with the new and forthcoming FCA regulations in mind.

20 May 2015

Contractor Financials dispels self-employed mortgage myth

Contractor Financials dispels self-employed mortgage myth

Contractor Financials, which provides specialist independent financial advice to freelancers and contractors, has responded to research carried out by The Association of Independent Professionals and the Self-employed into mortgages and the self-employed to reassure the UK’s freelance and contracting workforce that they can access a mortgage.

20 May 2015

GE Money Home Lending launches 1.99% rate

GE Money Home Lending launches 1.99% rate

GE Money Home Lending has reduced its two-year discount rate by 0.95% to give new customers a starting rate of 1.99% as part of rate cuts across the entire range.

20 May 2015

Scottish house price inflation double UK average

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Scottish house price inflation double UK average

House prices in Scotland have risen 11.2% in the last twelve months – twice that seen in England & Wales (5.6%), according to the latest Your Move house price index.

20 May 2015

Saver confidence improves in Q1

Savings & Investments

Saver confidence improves in Q1

The latest Lloyds Bank Savings Report shows that people are feeling confident about their savings, with over two thirds of people surveyed having saved over the past 12 months.

20 May 2015

Financial Advice Network revamps proposition

Latest News

Financial Advice Network revamps proposition

Financial Advice Network Ltd, the only network owned by a mutual in the UK, has revamped its proposition in a bid to attract new IFAs, restricted advisers and mortgage and protection advisers.

19 May 2015

CML: remortgage lending up 19% month-on-month

CML: remortgage lending up 19% month-on-month

Remortgage lending increased month-on-month with 26,600 loans advanced - up 19% on February and 6% up on March 2014, according to the latest CML figures.

19 May 2015

CML: First-time buyer lending dips in Q1

CML: First-time buyer lending dips in Q1

The CML today released new data on the characteristics of UK lending in March and the first quarter of 2015 broken down by trends to first-time buyers, home movers, remortgaging and buy-to-let.

19 May 2015

CML: BTL lending sees 12% growth in March

CML: BTL lending sees 12% growth in March

According to the latest figures from the Council of Mortgage Lenders in March, there were 18,200 buy-to-let loans - up 12% on the previous month and up 21% on the same period in 2014. These loans came to £2.7bn in value, up 13% compared to February and 35% on March 2014.

19 May 2015

UK in deflation for first time since 1960

UK in deflation for first time since 1960

The Consumer Prices Index fell by 0.1% in the year to April 2015, compared to no change (0.0%) in the year to March 2015.

19 May 2015

 

ONS: Scottish house price inflation at 8 year high

ONS: Scottish house price inflation at 8 year high

House price annual inflation was 14.6% in Scotland - the highest annual increase in Scotland since July 2007, according to the latest ONS house price index.

19 May 2015

Deutsche Bank considers UK exit

Deutsche Bank considers UK exit

Deutsche Bank will consider relocating some of its UK operations if Britain leaves the EU.

19 May 2015

Leeds launches new interest only range

Leeds launches new interest only range

Changes to interest only lending criteria by Leeds Building Society will give borrowers more flexibility in how they can buy a property or start to pay down their existing interest only mortgage.

19 May 2015

Paragon applications up 101%

Paragon applications up 101%

Paragon Mortgages’ parent company, the Paragon Group of Companies, has today announced a 10.4% increase in underlying profits for the first six months of the financial year at £63.9 million.

19 May 2015

Metro Bank partners with Zopa

Metro Bank partners with Zopa

Peer-to-peer lender Zopa has today announced a partnership with challenger bank Metro Bank to lend funds through Zopa’s online marketplace.

19 May 2015

Tackling empty homes most popular FTB policy

Tackling empty homes most popular FTB policy

Analysis by Halifax into the housing policies proposed by the political parties indicated that overall, the Conservative policies are most in-tune with the needs of first-time buyers.

19 May 2015

Skipton launches New Build residential range

Skipton launches New Build residential range

Skipton Intermediaries has today revealed details of a new residential product range to support its recently announced New Build proposition.

18 May 2015

Aegon upgrades IP range

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Aegon upgrades IP range

Aegon UK has today announced changes to its multi-benefit proposition for both personal and business protection.

18 May 2015

Mortgage enquiries surge 50% following election

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Mortgage enquiries surge 50% following election

There has been a “noticeable surge in serious home loan enquiries” since the election, according to DeVere Mortgages.

18 May 2015

Fleet increases maximum borrower age to 85

Fleet increases maximum borrower age to 85

Fleet Mortgages, the new buy-to-let and specialist lender, has increased the maximum acceptable age of the borrower at the end of the mortgage term up from 75 to 85 years old, and extended all its end dates to 31st July.

18 May 2015

Yorkshire BS launches new fee-free range

Yorkshire BS launches new fee-free range

Yorkshire Building Society has launched a range of ten fee-free, £1,000 cashback mortgages to help borrowers get on, or move up, the property ladder.

18 May 2015

Two thirds of FTBs still face housing ladder challenges

Two thirds of FTBs still face housing ladder challenges

First time buyers are having to wait longer than planned to take their first step onto the property ladder, according to new research from Clydesdale and Yorkshire Banks.

18 May 2015

Al Rayan Bank opens flagship branch

Al Rayan Bank opens flagship branch

Al Rayan Bank, formerly known as Islamic Bank of Britain, has officially opened its new private banking branch in Knightsbridge, London.

18 May 2015

Industry expects post-election property surge

Industry expects post-election property surge

May is seeing an unseasonal drop in new seller asking prices, down by 0.1% (-£242), compared to May 2014’s +2.1% increase, according to the latest Rightmove house price index.

18 May 2015

The Mansfield launches new resi range

The Mansfield launches new resi range

The Mansfield Building Society has launched two new fixed rate and one new discounted rate residential mortgages, as it reveals that it has raised its lending targets for 2015 after a strong start to the year.

18 May 2015

Industry body Chair calls for HTB “evolution”

Industry body Chair calls for HTB “evolution”

The new Chair of trade body Homes for Scotland Jim Mather has called on the Scottish Government to “evolve” its Help to Buy shared equity scheme in order to maintain the positive progress that has been made in supporting buyers, stimulating the building of new homes and creating jobs.

18 May 2015

HTB 2 is operating at just 13% of capacity

HTB 2 is operating at just 13% of capacity

Wider and more efficient use of the Help to Buy mortgage guarantee could support an extra 200,000 first-time buyers, restoring the first-time buyer market to pre-recession health.

16 May 2015

In the Spotlight with Georgina Oxton, Bower Retirement

In the Spotlight with Georgina Oxton, Bower Retirement

We spoke to Georgina Oxton, Head of Business Development at Bower Retirement, about her new role within the company and the misconceptions surrounding equity release.

15 May 2015

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