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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

Share fraud scammer impersonating FCA employee

Share fraud scammer impersonating FCA employee

The Financial Conduct Authority have warned consumers against dealing with a person going by the name of William Howarth who is fraudulently telling consumers that he is calling from the FCA.

15 May 2015

The Right Mortgage Network partners with The Lending Wizard

The Right Mortgage Network partners with The Lending Wizard

The Right Mortgage and Protection Network brokers can now benefit from a new partnership with Freedom Finance’s loan sourcing tool, The Lending Wizard.

15 May 2015

NS&I warns of clone bond site on deadline day

NS&I warns of clone bond site on deadline day

NS&I have warned that fraudsters have set up a bogus website claiming to be the official site and are contacting members of the public, cold calling them and offering them the chance to invest in 65+ Guaranteed Growth Bonds.

15 May 2015

Fleet Mortgages announces expansion plans

Fleet Mortgages announces expansion plans

Fleet Mortgages, the new buy-to-let and specialist lender, has today announced further expansion plans for the business.

15 May 2015

Soaring house prices see household wealth grow £1.5 trillion

Soaring house prices see household wealth grow £1.5 trillion

Total household wealth at the end of 2014 is estimated to have reached £9.1 trillion, an increase of £1.5 trillion (or 19%) in the past year, according to latest research from Lloyds Bank Private Banking.

15 May 2015

South East house price growth overtakes London

South East house price growth overtakes London

For the first time in four and a half years, London has been displaced from its position as having the highest rate of house price inflation; this top spot is now taken by the South East, followed by East Anglia, with Greater London in third place.

15 May 2015

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

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