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Mortgage lending saw "stalled recovery" in H2

Mortgage lending saw "stalled recovery" in H2

There were nearly 34,000 fewer home purchase mortgage approvals in the second half of 2014 as lending recovery stalled following regulatory change, according to research from e.surv.

15 Jan 2015

Skipton launches lowest ever fix

Skipton launches lowest ever fix

From tomorrow, Skipton Building Society will launch its lowest ever fixed mortgage rate as part of a new 2 year fixed rate range.

14 Jan 2015

Smart Money appoints Head of Business Development

Smart Money appoints Head of Business Development

Smart Money has appointed Steve Pollard to the newly created role of Head of Business Development as the business continues to develop its offering to the intermediary market.

14 Jan 2015

Hinckley & Rugby cut seven mortgage rates

Hinckley & Rugby cut seven mortgage rates

Hinckley & Rugby Building Society has today cut the interest rates on seven mortgages, including two BTLs.

14 Jan 2015

Using technology to educate customers about their mortgage

Using technology to educate customers about their mortgage

In this marketplace there is no shortage of research and statistics – indeed every day we as an industry (and consumers) are presented with a range of differing analysis and commentary on what is – or isn’t – happening in the market.

14 Jan 2015

TFC Homeloans and Precise to host specialist lending workshops

TFC Homeloans and Precise to host specialist lending workshops

TFC Homeloans are partnering with Precise Mortgages to offer specialist lending master classes in London, Wolverhampton and Cheshire between January and February.

14 Jan 2015

CML: BTL lending sees 9% yearly increase

CML: BTL lending sees 9% yearly increase

The latest CML data on the characteristics of lending in November has shown that while buy-to-let lending saw a monthly decline, the number of loans increased 9% and the value of these loans went up 14% compared to November 2013.

14 Jan 2015

CML: Home movers see monthly decline

CML: Home movers see monthly decline

The latest CML data on the characteristics of lending in November has shown that lending to home movers declined month-on-month.

14 Jan 2015

CML: mortgage lending sees winter slump

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CML: mortgage lending sees winter slump

The latest CML data on the characteristics of lending in November has shown that gross mortgage lending reached £16.5 billion - 11% lower than October (£18.6 billion), and 3% lower than November last year.

14 Jan 2015

CML: FTB lending down 11%

CML: FTB lending down 11%

The latest CML data on the characteristics of lending in November has shown that first-time buyers saw a month-on-month lending decline.

14 Jan 2015

 

New mortgage lender enters market

New mortgage lender enters market

Pepper UK Limited have formally announced the launch of its new non-bank mortgage lender Pepper Homeloans into the UK market.

14 Jan 2015

Virgin reduces intermediary mortgage rates

Virgin reduces intermediary mortgage rates

Virgin Money has reduced interest rates by up to 0.14% on a number of residential 65% LTV mortgage products from its Intermediary Exclusive range.

14 Jan 2015

FCA to give keynote address at first FSE Glasgow

FCA to give keynote address at first FSE Glasgow

Registration has opened for the first FSE show of the year, which will be held in Glasgow on 4th March 2015, and boasts an unmissable seminar programme featuring the AMI, a range of national lenders, and a keynote address from Lynda Blackwell of the FCA.

14 Jan 2015

One in four risk being pension poor under reforms

One in four risk being pension poor under reforms

More than one in four Britons (27%) expect to come under financial pressure when the new pension freedoms are introduced in April, according to research from the Centre for the Modern Family.

14 Jan 2015

Expected retirement income up 8%

Expected retirement income up 8%

Expected retirement incomes have hit a six-year high, with people planning to retire this year expecting to be nearly 8% better off than those who stopped working in 2014.

14 Jan 2015

Retirees confused about guaranteed income options

Retirees confused about guaranteed income options

New research published today by the International Longevity Centre-UK found that the majority of people approaching retirement want to use their pension pots to deliver a secure guaranteed income for life, but many may be too confused to know how to go about achieving this goal.

14 Jan 2015

Should BoE defer a rate rise?

Should BoE defer a rate rise?

Following the news this morning that the Consumer Prices Index is at its joint lowest level since records began, there has been growing speculation surrounding when the Bank of England will increase interest rates.

13 Jan 2015

The Source joins The Right Mortgage and Protection panel

The Source joins The Right Mortgage and Protection panel

Source Insurance has joined the general insurance panel of The Right Mortgage and Protection, the new network established by PTFS founder Martin Wilson and Joint Managing Director Adam Stretton.

13 Jan 2015

Nationwide reduces 10 year loyalty rates

Nationwide reduces 10 year loyalty rates

From tomorrow, Nationwide is reducing selected ten year fixed rates for existing Nationwide mortgage customers looking for a new deal, with rates starting at 2.94%.

13 Jan 2015

TMW launches first 10-year BTL fix

TMW launches first 10-year BTL fix

The Mortgage Works has today announced it will offer a 10 year fixed rate mortgage product for landlords looking for longer term payment security.

13 Jan 2015

Stonehaven cuts lifetime mortgage rates

Stonehaven cuts lifetime mortgage rates

Stonehaven has announced interest rate cuts for its full range of Interest Select lifetime mortgage products by 0.5%.

13 Jan 2015

7% spend half of earnings on unsecured debt

7% spend half of earnings on unsecured debt

1 in 15 (7%) people who have unsecured borrowings are spending 50% or more of their take-home earnings on payments each month, according to research conducted on behalf of the Debt Advisory Centre.

13 Jan 2015

Exeter's underwriting technology improves offer times

Exeter's underwriting technology improves offer times

Protection and healthcare insurer Exeter Family Friendly has praised UnderwriteMe for successfully integrating new technology into its income protection buying process in 2014.

13 Jan 2015

ONS: house prices continue to rise significantly

ONS: house prices continue to rise significantly

The ONS' November House Price Index has shown that UK house prices increased by 10.0% in the year to November 2014, down from 10.4% in the year to October 2014.

13 Jan 2015

CPI falls to lowest level on record

CPI falls to lowest level on record

The Consumer Prices Index is at its joint lowest level since records began in 1996, according to the latest statistics from the ONS.

13 Jan 2015

Almost a quarter targeted by pension scammers

Almost a quarter targeted by pension scammers

DeVere Group founder Nigel Green has announced that the firm has seen a "month-on-month" increase in clients being cold called or emailed from 'pension liberation' firms.

13 Jan 2015

First Complete to host AR meetings

First Complete to host AR meetings

First Complete have announced a series of meetings around the UK to provide an overview of the opportunities and challenges facing brokers over the coming year.

13 Jan 2015

Pensioners risk running out of cash by 75

Pensioners risk running out of cash by 75

Age UK have warned that stronger safeguards need to be put in place to stop "significant" numbers of older people running out of money under the new pension freedoms.

13 Jan 2015

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