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House purchase approvals recover in September

House purchase approvals recover in September

House purchase approvals grew slightly for the first time in three months in September, as the purchase market regained some strength after a summer slowdown, according to the latest Mortgage Monitor from e.surv, the UK’s largest chartered surveyor.

10 Oct 2014

Valuations activity buoyant for FTBs - but otherwise muted

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Valuations activity buoyant for FTBs - but otherwise muted

Monthly valuations activity saw a rebound in September, according Connells Survey & Valuation.

10 Oct 2014

Blacks launches integration with IRESS Trigold Prospector

Blacks launches integration with IRESS Trigold Prospector

Broker-focused conveyancer, Blacks Connect, has today announced the launch of a new proposition, Blacks Affinity, a conveyancing quotation system which will be instantly available to users of the IRESS Trigold Prospector mortgage sourcing system.

09 Oct 2014

Natwest cuts HTB rates by 0.20% in range overhaul

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Natwest cuts HTB rates by 0.20% in range overhaul

NatWest Intermediary Solutions will be introducing rate reductions on over thirty of its residential and buy-to-let mortgage deals tomorrow.

09 Oct 2014

Rate gap for high LTV mortgages closes

Rate gap for high LTV mortgages closes

Figures released today from Mortgage Brain’s quarterly product data analysis have revealed a sharp reduction in the gap between mortgage rates at different LTV ratios over the past 12 months.

09 Oct 2014

BoE votes to keep base at 0.5%

Latest News

BoE votes to keep base at 0.5%

The Bank of England’s Monetary Policy Committee has voted to hold base rate at 0.5 per cent, a record-low for the fifth year running.

09 Oct 2014

‘Speed of initial decision’ most important from a bridging lender

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‘Speed of initial decision’ most important from a bridging lender

Speed of initial decision is more important to brokers than interest rates and charges when choosing a bridging lender.

09 Oct 2014

TFC Homeloans expands partnership with Shawbrook Bank

TFC Homeloans expands partnership with Shawbrook Bank

TFC Homeloans have today expanded their growing bridging and commercial lender panel to include specialist lender Shawbrook Bank. This expansion will allow TFC Homeloans to offer a greater range of products to their clients with an emphasis on finding solutions for difficult to fit cases.

09 Oct 2014

CML: FTB lending up 22% yearly despite August drop

Mortgages

CML: FTB lending up 22% yearly despite August drop

New CML data on the characteristics of lending in August show that lending to FTBs declined in August.

09 Oct 2014

CML: BTL loans drop in August - but see yearly increase

CML: BTL loans drop in August - but see yearly increase

Buy-to-let lending fell 13% over the month to £2.1 billion in August, but increased 11% compared to August last year, according to the latest data from the CML.

09 Oct 2014

 

Newcastle BS removes ERCs from mortgage products

Newcastle BS removes ERCs from mortgage products

Newcastle Building Society Intermediary Services has removed Early Repayment Charges from its two year fixed rate mortgage product range.

09 Oct 2014

CML: House purchase lending in August down 3%

CML: House purchase lending in August down 3%

New CML data on the characteristics of lending in August show that lending declined slightly compared to July, the first month-on-month drop in house purchase lending volume since February this year.

09 Oct 2014

FOS reports 'significant' increase in payday loan complaints

FOS reports 'significant' increase in payday loan complaints

The ombudsman have reported a significant increase in the number of payday lending complaints over the past two years, currently taking on around 70 new cases each month.

09 Oct 2014

CMA to push for lower payday loan costs

CMA to push for lower payday loan costs

The CMA has set out proposals to increase price competition between payday lenders and help borrowers get a better deal.

09 Oct 2014

Keystone reduces tracker rates

Keystone reduces tracker rates

Keystone Buy to Let Mortgages has re-priced its Premier and Classic term tracker rates. Specifically, rates to 75% and 70% loan to value have been reduced by 0.25%. Rates to 80% loan to value have been reduced by 0.05%.

09 Oct 2014

Over 90% of over 65s have no care plans

Over 90% of over 65s have no care plans

Partnership reveals that the vast majority of over-65s have not spoken to their families about the potential need for care and are confused around their financial options.

08 Oct 2014

SBG appoints secured loan master brokers as preferred providers

SBG appoints secured loan master brokers as preferred providers

Sesame Bankhall Group (SBG) today announces the appointment of Promise Solutions Ltd and Positive Lending (UK) Ltd as preferred providers of secured loans for the Sesame network and PMS members.

08 Oct 2014

Leeds BS reduces two year BTL mortgage fees

Leeds BS reduces two year BTL mortgage fees

Tomorrow, the Society is reducing the two year fees assisted deal by 0.30% to 2.79%.

08 Oct 2014

Dragonfly completes £21m loan across 70 UK properties

Dragonfly completes £21m loan across 70 UK properties

Dragonfly Property Finance, today announced the completion of a £21m bridging loan on a mixture of 70 residential, commercial and industrial properties across the UK.

08 Oct 2014

Homeowner confidence dips as mortgage concerns rise

Homeowner confidence dips as mortgage concerns rise

Homeowner confidence in the continued growth of UK house prices has fallen to a 15-month low, according to the latest Zoopla Housing Market Sentiment Survey.

08 Oct 2014

Intelliflo Urges Advisers to Increase Social Media Governance

Blogs

Intelliflo Urges Advisers to Increase Social Media Governance

Three in five (58%) UK advisers are actively using social media but just a quarter (25%) have policies for how employees should use it, according to a poll by leading adviser software provider, Intelliflo.

08 Oct 2014

Brokers believe technology key to reducing mortgage fraud

Brokers believe technology key to reducing mortgage fraud

Half (50%) of mortgage brokers believe greater use of technology by lenders when carrying out due diligence on borrowers would reduce mortgage fraud, according to new research by EDM Mortgage Support Services, while only one in eight (12%) say this would not lead to a reduction of fraud at all.

08 Oct 2014

HTB mortgage applicants using scheme to full potential

HTB mortgage applicants using scheme to full potential

A year on from the implementation of the government’s Help to Buy mortgage guarantee scheme, new data from Mortgage Advice Bureau shows that the scheme has been successful in allowing buyers with smaller savings pots to access the property market and purchase affordable homes.

08 Oct 2014

Halifax data shows UK house price rise

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Halifax data shows UK house price rise

According to the Halifax September House Price Index published today, house prices in the latest three months (July-September 2014) were 2.7% higher than in the previous three months.

08 Oct 2014

Borrowing and spending up in over 55s as house prices rise

Retirement

Borrowing and spending up in over 55s as house prices rise

Britain’s over-55s are ready to turn their backs on austerity as renewed confidence in the economy fuels higher spending and borrowing, the latest Aviva Real Retirement Report shows.

08 Oct 2014

Over 55s apathetic to new retirement choices

Over 55s apathetic to new retirement choices

Many of Britain’s over-55 year olds say the massive changes to retirement income announced in this year’s Budget will have no impact on them, research from Aviva’s latest Real Retirement Report shows.

08 Oct 2014

Almost half of Brits don't expect to own home

Almost half of Brits don't expect to own home

Brits without a home will go to extreme measures in order to get on the property ladder, according to new research from Santander Mortgages.

08 Oct 2014

Mansfield increases mortgage range

Mansfield increases mortgage range

Mansfield is to offer a new purchase mortgage to 95% LTV and remortgage to 90% LTV.

08 Oct 2014

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