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Building societies benefit from competitive mortgage market

Building societies benefit from competitive mortgage market

During 2014, building societies provided 26% of all mortgage lending in the UK with gross lending of £52.6 billion during the year, out of a total of £204.4 billion lending by all mortgage lenders.

16 Feb 2015

Advisers stress importance of equity release

Advisers stress importance of equity release

74% of advisers think that more retirees should consider their property as part of their asset mix when looking at funding their retirement.

16 Feb 2015

Ipswich BS returns to market with "mortgage misfit" programme

Ipswich BS returns to market with "mortgage misfit" programme

Ipswich Building Society has announced a new programme of mortgage lending for borrowers who have been let down by other lenders as a result of stricter rules imposed in 2014 by the Mortgage Market Review.

16 Feb 2015

Stonebridge reveals Revolution system developments

Stonebridge reveals Revolution system developments

Stonebridge Group, the mortgage and insurance network, has today revealed a number of new and upcoming developments for its Revolution technology system.

16 Feb 2015

London prices flat line for first time since crash

London prices flat line for first time since crash

London’s property prices show an unprecedented 0% annual growth in January 2015, which is a reflection of the current lack of affordable homes in London according to estate agents Haart.

16 Feb 2015

Tesco to offer mortgages through brokers

Tesco to offer mortgages through brokers

Tesco has announced plans to begin selling mortgages through intermediaries from early next year.

16 Feb 2015

Half of drawdown retirees will outlive their fund

Half of drawdown retirees will outlive their fund

MGM Advantage is warning that people planning to rely solely on drawdown to generate an income in retirement have a 50% chance of outliving their fund.

16 Feb 2015

First FSE Glasgow show sells out

First FSE Glasgow show sells out

Front Events is delighted to announce that the Financial Services Expo Glasgow has now sold out for its inaugural show, which will take place at the Hilton Glasgow on March 4th.

16 Feb 2015

Rightmove: housing supply at record low

Rightmove: housing supply at record low

Rightmove statistics show that the average available stock for sale per estate agency branch for the last two months (57 and 58 properties) has never been lower at the beginning of the year.

16 Feb 2015

Brightstar expands specialist first charge team

Brightstar expands specialist first charge team

Brightstar has recruited Kevin Ward to join the Specialist First Charge & BTL team under Director, Chris Bramham.

16 Feb 2015

 

Masthaven to accept AVMs in range rehaul

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Masthaven to accept AVMs in range rehaul

Masthaven Secured Loans has announced significant changes to its product range, including slashing rates and accepting an automated valuation model.

16 Feb 2015

FTBs 10% better off than renters

FTBs 10% better off than renters

First-time buyers in the UK are £742 (9%) a year better off with their own home compared to those who rent, according to research by Halifax.

14 Feb 2015

BM Solutions reduces fixed rates and trackers

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BM Solutions reduces fixed rates and trackers

BM Solutions has launched new rates on its two, three, and five year fixed and tracker rate products in support of borrowers using the new BM Solutions Conveyancing Point of Sale Platform.

13 Feb 2015

The protection gap and whether it is being adequately tackled

The protection gap and whether it is being adequately tackled

The protection gap is an interesting term and how it is measured depends very much on who is doing the measuring.

13 Feb 2015

In the Spotlight with Paul Mildenstein, CEO of Liberis

In the Spotlight with Paul Mildenstein, CEO of Liberis

We spoke to Paul Mildenstein, CEO of Liberis, about embracing alternative finance.

13 Feb 2015

Halifax launches decade-low fix

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Halifax launches decade-low fix

Halifax has reduced rates by 0.2% on its 0-60% LTV two year fixed rate and tracker products for first-time buyers, homemovers and customers remortgaging - marking the bank's lowest range in over ten years.

13 Feb 2015

YBS cuts FTB fix to 4.34%

YBS cuts FTB fix to 4.34%

Yorkshire Building Society has reduced interest rates for first-time buyers by a further 0.15%, now offering a 4.34% two-year fixed rate mortgage at 95% LTV.

13 Feb 2015

Lloyds reduces remortgage rates

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Lloyds reduces remortgage rates

From today, Lloyds Bank has cut rates on its two year fixed rate 60% LTV mortgages for remortgage customers, first time buyers and homemovers.

13 Feb 2015

Precise launch their lowest ever second charge range

Precise launch their lowest ever second charge range

Precise Mortgages has launched a range of exclusive second charge loan products which they claim "undercut the entire second charge market".

13 Feb 2015

House price growth hits ten-month low

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House price growth hits ten-month low

The latest LSL House Price Index shows on an annual basis, the average house price in England & Wales rose by £19,300, or 7.5% over the last year.

13 Feb 2015

Bridging sees 63% annual rise

Bridging sees 63% annual rise

The Association of Short Term Lenders’ latest quarterly figures show the value of loans written in 2014 increased by 62.5% compared to 2013, maintaining the upward momentum which began in Q2 of last year.

13 Feb 2015

Newcastle BS launches new fixed-rate range

Newcastle BS launches new fixed-rate range

Newcastle Building Society Intermediary Services has introduced two new products for borrowers looking to fix their interest rate.

13 Feb 2015

Shawbrook appoints new BDM

Shawbrook appoints new BDM

Shawbrook Bank has appointed Peter McDermid as the new Business Development Manager for Scotland.

12 Feb 2015

RICS: housing market sees increasing regional disparities

RICS: housing market sees increasing regional disparities

The RICS Residential Market Survey for January shows a relatively stable picture at the national level but with demand and supply conditions varying somewhat across different parts of the UK.

12 Feb 2015

Carney: inflation "likely" to fall below zero

Carney: inflation "likely" to fall below zero

In a letter to the chancellor to explain CPI inflation falling to 0.5% in December, Mark Carney stated that the central bank’s projections show inflation dipping to zero in the second quarter of the year and remaining “close to zero” for most of the year.

12 Feb 2015

CML: repossessions at eight-year low

CML: repossessions at eight-year low

The number of repossessions fell to 21,000 in 2014 - 26% fewer than the 28,900 in 2013, and the lowest number since 2006, according to data from the CML.

12 Feb 2015

Royal London sees 39% annual growth

Royal London sees 39% annual growth

Royal London, the UK’s largest mutual life, pensions and investment company, has announced that its total continuing new life and pensions business sales for the year ending 2014 was up 39% at £4,826m.

12 Feb 2015

Pensions industry raises further concerns over "unrealistic" reforms

Pensions industry raises further concerns over "unrealistic" reforms

The CEO of Royal London, the UK’s largest mutual life, pensions and investment company, has raised concerns regarding the implementation of the Government’s pension reforms.

12 Feb 2015

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