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Principality cuts mortgage rates by up to 1%

Principality cuts mortgage rates by up to 1%

Principality Building Society has cut rates across its residential, buy to let, affordable housing and Help to Buy Wales product offering.

02 May 2017

'Bank of Mum and Dad' now ninth largest mortgage lender

'Bank of Mum and Dad' now ninth largest mortgage lender

The Bank of Mum and Dad is now on a par with the 9th largest mortgage lender in the UK, rising from tenth place last year, and will be involved in 26% of all property transactions that take place in 2017, according to research from Legal & General.

02 May 2017

Vida offers free legals for residential remortgages

Vida offers free legals for residential remortgages

Vida Homeloans has added free legals for residential remortgages on its Fee Saver product range.

02 May 2017

High LTV availability cuts saving time by up to eight years

High LTV availability cuts saving time by up to eight years

The greater availability of mortgage loans at high LTV ratios is having a "huge effect" on the time it takes first-time buyers to save a deposit, according to Hamptons International research.

02 May 2017

UK sees 23% rise in high-risk mortgage lending

UK sees 23% rise in high-risk mortgage lending

The UK has seen a 23% jump in the number of 'risky mortgages' taken out, but Scotland has avoided a high-lending surge, according to peer-to-peer platform Lendy.

01 May 2017

Small deposit buyers continue to grow market share

Small deposit buyers continue to grow market share

The proportion of small deposit borrowers across the UK continued to grow, increasing for the third successive month to take a 21.4% market share, according to e.surv data.

01 May 2017

Royal London proposes 'middle way' on triple lock

Royal London proposes 'middle way' on triple lock

Royal London has set out a three point plan for the key pension priorities of an incoming government, including a 'middle way' on the triple lock.

30 Apr 2017

Wealth accumulated via mortgage repayments hits record £62.7bn

Wealth accumulated via mortgage repayments hits record £62.7bn

Wealth accumulated by UK homeowners through mortgage repayments rocketed to a record £62.7 billion in 2016 – paving the way for housing wealth to play a vital role in funding later life, according to a new report by the Equity Release Council.

29 Apr 2017

In the Spotlight with Phil Rickards, BM Solutions

In the Spotlight with Phil Rickards, BM Solutions

We spoke to Phil Rickards, Head of BM Solutions, about recent changes in the buy-to-let market and what brokers need to know in the new landscape.

28 Apr 2017

Retirement finance: a tactical move for the next government

Retirement finance: a tactical move for the next government

Equity release activity shows no signs of slowing down. Despite recent record-breaking years the first quarter of 2017 was another stellar period for the lifetime mortgage as transactions were up a mighty 61% on the figure set in 2016. This is even more impressive as the start of the year tends to be a slow period for equity release, and yet we keep marching on setting new benchmarks and targets for the next year. Our growth should put the rest of the mortgage industry on notice and let those outside our little corner know that equity release is here to stay. But what are the chances of equity release being noticed in this noisy Brexit and general election fueled landscape?

28 Apr 2017

 

Government delays response to Cridland Review

Government delays response to Cridland Review

The Government has announced that it won't publish its response to the Cridland review of State Pension ages by the 7th May deadline due to the General Election.

28 Apr 2017

Stamp Duty liable transactions drop in Q1

Stamp Duty liable transactions drop in Q1

The number of property transactions liable for Stamp Duty fell by 5% in Q1 2017 compared to Q1 2016, when investors were rushing to beat the introduction of the surcharge on second properties, according to the latest HMRC data.

28 Apr 2017

Mansfield BS launches self-build mortgage product

Mansfield BS launches self-build mortgage product

Mansfield Building Society has launched a new advanced stage payment mortgage product in partnership with self-build specialist BuildStore Mortgage Services.

28 Apr 2017

Skipton expands team of Intermediary Regional Managers

Skipton expands team of Intermediary Regional Managers

Skipton Building Society has appointed Rachael Hunnisett to the team of Intermediary Regional Managers.

28 Apr 2017

Which is the most affordable city in the UK?

Which is the most affordable city in the UK?

Kingston-upon-Hull is the most affordable city in Britain with 92% of properties currently for sale at prices less than the UK’s average house price, according to research by HouseSimple.

28 Apr 2017

GDP growth plummets to 0.3% in Q1

GDP growth plummets to 0.3% in Q1

UK GDP increased by just 0.3% in Q1 - a drop from 0.7% in Q4 2016 and the slowest rate of growth since Q1 2016, according to the latest ONS data.

28 Apr 2017

Annual house price growth slows to four-year low: Nationwide

Annual house price growth slows to four-year low: Nationwide

House prices saw a second consecutive monthly decline in April causing annual growth to fall to 2.6% - its weakest pace for almost four years, according to the latest Nationwide house price index.

28 Apr 2017

Pepper cuts residential rates by up to 0.4%

Pepper cuts residential rates by up to 0.4%

Pepper Homeloans has cut rates on its 'non-conforming' residential mortgage range.

28 Apr 2017

Mortgage lending to hit post-crisis high in 2017: IMLA

Mortgage lending to hit post-crisis high in 2017: IMLA

The mortgage market is expected to achieve the highest level of gross lending since before the financial crisis in 2017, according to the Intermediary Mortgage Lenders Association.

28 Apr 2017

City house price growth rebounds in Q1 with 3.5% rise

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City house price growth rebounds in Q1 with 3.5% rise

City level house prices grew 3.5% in Q1 2017, the highest quarterly rate of price inflation for three years, according to the latest Hometrack UK Cities House Price Index.

28 Apr 2017

Kuflink receives FCA authorisation for P2P platform

Kuflink receives FCA authorisation for P2P platform

Kuflink has received full authorisation from the FCA for its P2P platform.

27 Apr 2017

Accord introduces new BTL affordability assessments

Accord introduces new BTL affordability assessments

Accord Buy To Let is introducing new minimum rental cover requirements for leasehold properties and remortgages where no additional capital raising is required.

27 Apr 2017

Friendly Societies still going strong

Friendly Societies still going strong

When choosing an income protection product, customers have significant choice. Not only as to the type of contract but also whether the provider is a ‘mutual’ or a ‘proprietary’ provider.

27 Apr 2017

Lloyds doubles Q1 profits to £1.3bn

Lloyds doubles Q1 profits to £1.3bn

Lloyds' pre-tax profits doubled to £1.3bn in Q1, despite setting aside £550m in PPI and HBOS provisions.

27 Apr 2017

Housing supply falls to record low in March

Housing supply falls to record low in March

The supply of available homes is at the lowest level for March since records began in 2002, according to NAEA data.

27 Apr 2017

Quarterly P2P lending exceeds £1bn for first time

Quarterly P2P lending exceeds £1bn for first time

Quarterly lending in the peer-to-peer sector exceeded £1billion for the first time ever in Q1, according to data from the Peer-to-Peer Finance Association.

27 Apr 2017

Mortgage advisers losing up to £75m in GI commission

Mortgage advisers losing up to £75m in GI commission

Mortgage advisers are missing out on millions of pounds worth of potential commission, simply by failing to provide a home insurance quote with every mortgage or remortgage, according to research by Paymentshield.

27 Apr 2017

Paper mortgage applications hindering first-time buyers

Paper mortgage applications hindering first-time buyers

Old-fashioned and outdated mortgage application processes are continuing to create barriers for first-time buyers, according to research from GBG.

27 Apr 2017

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