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Housing supply drops 3.5% since General Election

Housing supply drops 3.5% since General Election

New property listings across the UK have fallen for the second consecutive month since the General Election, down 1.6% in July after a drop of 1.9% in June, according to House Simple research.

07 Aug 2017

Rate rise - an opportunity for brokers to show their worth

Rate rise - an opportunity for brokers to show their worth

There are two words that are sure to strike fear into the hearts of many mortgage holders - rate rise. And that fear surrounding the prospect of a base rate hike is sure to be rising fast at the moment. In June three members of the Monetary Policy Committee voted for a rate rise and one of them, Michael Saunders, has been particularly vocal on the subject. Indeed, in an interview with the Guardian newspaper Saunders claimed households should be prepared for rate rises. But while this may be the last thing homeowners want to hear, what it does present is an opportunity for brokers to show their worth.

07 Aug 2017

Leeds outlines buy-to-let approach ahead of PRA rule change

Leeds outlines buy-to-let approach ahead of PRA rule change

Leeds Building Society has revealed its approach to the new buy-to-let lending rules which come into force next month.

07 Aug 2017

Positive starts 'new lender a day for a week' campaign with Tipton & Coseley

Positive starts 'new lender a day for a week' campaign with Tipton & Coseley

Positive Lending has kicked off its 'new lender a day for a week' campaign with the addition of Tipton & Coseley Building Society to its specialist lending panel.

07 Aug 2017

Residential product numbers rise for 15th consecutive month

Residential product numbers rise for 15th consecutive month

August is set to see yet another increase to residential mortgage product numbers, according to Moneyfacts data.

07 Aug 2017

Spring Finance cuts rates by over 2%

Spring Finance cuts rates by over 2%

Second charge mortgage provider, Spring Finance, has introduced three and five-year fixed rate products to its portfolio as well as cutting existing rates by over 2% on certain plans.

07 Aug 2017

The Right Mortgage launches conveyancing platform

The Right Mortgage launches conveyancing platform

The Right Mortgage & Protection Network has launched a new conveyancing platform, The Right Conveyancing.

07 Aug 2017

Retiree housing wealth rises 1.4% to over £370bn

Retiree housing wealth rises 1.4% to over £370bn

Total housing wealth available to over-55s in the UK through equity release rose to over £372 billion in the second quarter of 2017, Retirement Advantage data shows.

07 Aug 2017

House price growth sees fourth consecutive fall: Halifax

House price growth sees fourth consecutive fall: Halifax

House prices between May and July were 0.2% lower than in the previous three months, according to the latest Halifax house price index.

07 Aug 2017

Government to consider future of Help to Buy scheme

Government to consider future of Help to Buy scheme

The Government has released a statement saying it "remains committed" to the Help to Buy Equity Loan Scheme until 2021 after reports emerged that it was considering ending the scheme early or scrapping it entirely.

07 Aug 2017

 

In the Spotlight with Wayne Carter, National Friendly

In the Spotlight with Wayne Carter, National Friendly

We spoke to Wayne Carter, Head of Sales and Marketing at National Friendly, about the PMI market and how technology is revolutionising protection policies.

04 Aug 2017

Death of the Bank of Mum & Dad?

Death of the Bank of Mum & Dad?

8.6 million parents and grandparents (25%) are now part of families that share their money across multiple generations, with younger and older family members providing financial support to one another, according to OneFamily.

04 Aug 2017

Spicerhaart Part Exchange & Assisted Move expands and rebrands

Spicerhaart Part Exchange & Assisted Move expands and rebrands

Spicerhaart Part Exchange & Assisted Move has undergone a rebrand and significantly expanded the range of its services.

04 Aug 2017

The Coventry launches four-year fixed rates

The Coventry launches four-year fixed rates

Coventry for intermediaries has launched a new range of four-year fixed rate residential mortgages with rates from 1.69%.

04 Aug 2017

MAB continues network growth in Scotland

MAB continues network growth in Scotland

Mortgage Advice Bureau is continuing its growth in Scotland with two new appointed representatives - Glasgow-based Mortgage Force and Edinburgh Mortgage Advice.

04 Aug 2017

Teachers BS launches Help to Buy remortgage

Teachers BS launches Help to Buy remortgage

Teachers Building Society has launched a new fee-free Help to Buy remortgage rate at 2.99% which offers £400 cashback to cover legal and admin fees.

04 Aug 2017

Accord removes standard valuation fee cap

Accord removes standard valuation fee cap

Accord Mortgages has announced that it will pay the full amount of the standard valuation charge for all residential borrowers choosing a product with a free standard valuation.

04 Aug 2017

Joint mortgages could ruin credit rating for 160,000

Joint mortgages could ruin credit rating for 160,000

Over 80,000 approved mortgages last year came from buyers combining their incomes, but experts are warning couples that they could both end up in a financial mess if their relationship doesn’t stand the test of time.

04 Aug 2017

Allianz take £500m stake in LV= for joint venture

Allianz take £500m stake in LV= for joint venture

Allianz Group and Liverpool Victoria Friendly Society (LV=) have agreed to launch a joint venture, creating a general insurance business with over 6 million customers.

04 Aug 2017

Key Retirement confirms £208m acquisition

Key Retirement confirms £208m acquisition

Key Retirement Group has announced the completion of its £208 million acquisition by funds managed and/or advised by Partners Group from Phoenix Equity Partners, following regulatory approval of the transaction.

04 Aug 2017

Scottish Friendly launches plan to correct Lifetime ISA 'flaws'

Scottish Friendly launches plan to correct Lifetime ISA 'flaws'

Scottish Friendly has outlined a series of recommendations to enhance the Lifetime ISA, calling on the Government to reform the product to ensure it serves its dual purpose of helping young people to save for retirement or to buy their own home.

04 Aug 2017

Brightstar's Collins moves over to high net worth arm

Brightstar's Collins moves over to high net worth arm

Sirius Property Finance, the high net worth division of Brightstar Financial, has expanded its central London office and made two senior hires.

03 Aug 2017

What constitutes high LTV/small deposit lending?

What constitutes high LTV/small deposit lending?

Definitions in any market can be very different, depending on who your source is and the way the data is interpreted. For instance, as a business, we focus a lot on supporting lenders’ provision of high loan-to-value loans and those lenders have different views on what part of a loan they wish to insure and also, in a broader sense, what they determine to be high LTV.

03 Aug 2017

Industry satisfaction and understanding of FCA increases

Industry satisfaction and understanding of FCA increases

The FCA and its Practitioner Panel have published the findings from their 2017 survey of regulated firms, which shows that the industry’s satisfaction with the FCA and the its rating of the FCA’s effectiveness have both increased.

03 Aug 2017

Accord cuts residential rates across LTV bands

Accord cuts residential rates across LTV bands

Accord Mortgages has reduced rates across its 65%, 75%, 80%, 85% and 90% LTV ranges by up to 0.12% and launched a new three-year option at 85% LTV, available from tomorrow.

03 Aug 2017

Bank of England lowers growth forecast further as inflation picks up

Bank of England lowers growth forecast further as inflation picks up

The Bank of England's August Inflation Report shows 2017 inflation increasing slightly more than expected in the May report, and GDP growth remaining more sluggish than expected as a result.

03 Aug 2017

MPC votes 6-2 to hold Bank Rate at 0.25%

MPC votes 6-2 to hold Bank Rate at 0.25%

The Bank of England’s Monetary Policy Committee has voted by a majority of 6-2 to maintain Bank Rate at 0.25%.

03 Aug 2017

Julian Harris adds Keystone to mortgage panel

Julian Harris adds Keystone to mortgage panel

Keystone Property Finance has joined the mortgage panel of Julian Harris.

03 Aug 2017

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