Latest News

Former Paragon director joins P2P platform

Former Paragon director joins P2P platform

Landbay, the buy-to-let focused peer-to-peer mortgage lender, has announced the appointment of Paul Clampin as Chief Lending Officer.

28 Sep 2015

Hinckley & Rugby launches new 95% fix

Hinckley & Rugby launches new 95% fix

Hinckley & Rugby Building Society has launched a new 95% LTV mortgage and cut the rates on two other high LTV products.

28 Sep 2015

Santander unveils new 95% LTV products

Santander unveils new 95% LTV products

Santander has today announced a range of new 95% LTV mortgage products, including 2- and 5-year fixed rates.

25 Sep 2015

Norton Finance confirms full FCA permissions

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Norton Finance confirms full FCA permissions

Norton Finance and Mortgages, based in Rotherham South Yorkshire, have just received confirmation that their application for full authorisation for credit broking has been approved by the FCA.

25 Sep 2015

In the Spotlight with Christian Faes, co-founder & CEO of LendInvest

Christian Faes - Montello

In the Spotlight with Christian Faes, co-founder & CEO of LendInvest

We spoke to Christian Faes, co-founder and CEO of LendInvest, which spun out of bridging lender Montello.

25 Sep 2015

Dragonfly celebrates £1bn in loan redemptions

Dragonfly celebrates £1bn in loan redemptions

Short- and medium-term lender, Dragonfly Property Finance, part of the Octopus group, today announced it has redeemed more than £1bn in loans since its launch in 2009.

25 Sep 2015

No need for immediate action on BTL: FPC

No need for immediate action on BTL: FPC

The Bank of England’s Financial Policy Committee today released a statement from its policy meeting, saying that there is 'no immediate case for action in the buy to let mortgage market'.

25 Sep 2015

Virgin Money announces mortgage range update

Virgin Money announces mortgage range update

Virgin Money has announced today that it has made a number of improvements to its residential mortgage range, including reducing selected 85% and 90% LTV residential fixed rates by up to 0.20% and introducing a new range of intermediary exclusive buy-to-let products at 60% LTV.

25 Sep 2015

BSA study says half will struggle with rate rises

BSA study says half will struggle with rate rises

Over half (52%) of borrowers say they will struggle or fall behind with mortgage repayments when interest rates rise, according to new research published by the Building Societies Association.

25 Sep 2015

Leeds adds to Help to Buy range with 1.59% 2-yr fix

Leeds adds to Help to Buy range with 1.59% 2-yr fix

Leeds Building Society has added to its range of Help to Buy equity mortgages with a two year fixed rate product.

25 Sep 2015

 

FTB sales steam ahead in summer

FTB sales steam ahead in summer

The number of first-time buyer sales in August leapt by over a quarter compared to May, according to the latest First-Time Buyer Tracker from Your Move and Reeds Rains.

25 Sep 2015

Fleet Mortgages revamps entire range

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Fleet Mortgages revamps entire range

Specialist buy-to-let lender, Fleet Mortgages, has announced today that it has revamped its entire product range as a result of positive feedback from its intermediary partners.

25 Sep 2015

Government sells further shares in Lloyds

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Government sells further shares in Lloyds

The government has sold a further 1% shareholding in Lloyds Banking Group through the trading plan launched in December, taking the total raised for the taxpayer to £15 billion and reducing the government’s shareholding to below 12%, HM Treasury has announced.

25 Sep 2015

Paratus AMC announces new Commercial Director

Paratus AMC announces new Commercial Director

Paratus AMC, which successfully launched BTL lender Foundation Home Loans earlier this year, has appointed Simon Bayley as Commercial Director.

24 Sep 2015

MAB reports 28% rise in revenue

MAB reports 28% rise in revenue

Mortgage Advice Bureau announced its interim results for the six months ended 30 June 2015, showing a significant increase in revenue of 28%.

24 Sep 2015

Rate rises shouldn't concern most homeowners, says broker

Rate rises shouldn't concern most homeowners, says broker

Today, Private Finance has said that a potential interest rate hike 'should not present a significant cause for concern for a large number of UK households'.

24 Sep 2015

Net mortgage lending hits 5-yr high in August

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Net mortgage lending hits 5-yr high in August

Figures from the BBA released today show that gross mortgage borrowing in August was £12.2 billion - 14% higher than a year ago and the largest increase since 2008.

24 Sep 2015

Skipton to move to ESIS from October

Skipton to move to ESIS from October

Skipton Intermediaries is today outlining its plans for its approach to the European Mortgage Credit Directive (MCD) and how it will help its broker partners transition to the new rules.

24 Sep 2015

Remortgagors withdraw record amounts

Remortgagors withdraw record amounts

The latest figures from LMS reveal that the average amount of equity withdrawn from remortgaging per customer rose to £35,590 in August as borrowers capitalise on competitive rates to withdraw more equity from their homes.

24 Sep 2015

Rate rises would see 52% of borrowers struggle

Rate rises would see 52% of borrowers struggle

Over half (52%) of borrowers say they will struggle or fall behind with mortgage repayments when interest rates rise, according to new research published by the Building Societies Association.

24 Sep 2015

UK insurance industry pays out 'more than ever before'

UK insurance industry pays out 'more than ever before'

UK insurers paid out the equivalent of £77m in insurance claims every day, statistics from the Association of British Insurers' 'Key Facts 2015' show.

24 Sep 2015

Over-55s change retirement attitudes to supplement pensions

Over-55s change retirement attitudes to supplement pensions

More than a third (34%) of over 55s plan to continue working past what would previously have been considered their “retirement” age of 65, new figures from Scottish Widows think tank the Centre for the Modern Family have revealed.

24 Sep 2015

Housing supply swindles in August

Housing supply swindles in August

The number of properties available to buy per estate agent branch fell to an eleven year low this month, according to the National Association of Estate Agents' August Housing Market Report.

24 Sep 2015

Y3S obtains full FCA authorisation

Y3S obtains full FCA authorisation

Second charge packager Y3S Loans has today received formal notification of authorisation from the Financial Conduct Authority.

23 Sep 2015

Marsden raises max buy to let LTV to 80%

Marsden raises max buy to let LTV to 80%

Marsden Building Society has extended its range of Buy-to-Let mortgages available to their semi-exclusive partners and in line with broker demand has raised its maximum LTV to 80%.

23 Sep 2015

L&G Home Finance hire to lead product innovation

L&G Home Finance hire to lead product innovation

Legal & General Home Finance has appointed Chris Buchanan as Head of Product and Proposition, Retirement Lending.

23 Sep 2015

Saffron launches low-cost remortgage range

Saffron launches low-cost remortgage range

Saffron For Intermediaries, the dedicated broker channel of Saffron Building Society, has launched a range of low-cost remortgage products.

23 Sep 2015

Kensington announces interest only mortgage to 75% LTV

Kensington announces interest only mortgage to 75% LTV

Kensington has today announced the introduction of an interest only mortgage, available up to 75% LTV, for ustomers who earn £75,000 or more, when accompanied with evidence that a realistic and plausible repayment strategy is in place.

23 Sep 2015

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