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Scottish Widows announces sub-2% fix

Scottish Widows announces sub-2% fix

Scottish Widows Bank have today announced 0.2% rate cuts on their Professional and Flexible mortgage product range.

08 Jan 2015

Help to Buy sales hit 73,000

Help to Buy sales hit 73,000

Housing Minister Brandon Lewis today announced that more than 73,000 homes have been bought under the government’s Help to Buy schemes, with an average house price of £212,000, compared to the UK average of £271,000.

08 Jan 2015

BoE maintains bank rate

BoE maintains bank rate

The Bank of England’s Monetary Policy Committee today voted to maintain the bank rate at 0.5%.

08 Jan 2015

Halifax announces two months interest back offer

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Halifax announces two months interest back offer

Halifax is offering homemovers and first-time buyers two months interest back on their mortgage.

08 Jan 2015

Only 12% can survive on state pension

Only 12% can survive on state pension

Just 12% of over-40s said that they would survive on the new state pension of around £8,000 per year, according to research by Partnership.

08 Jan 2015

CPI could see housing-centric overhaul

CPI could see housing-centric overhaul

Institute for Fiscal Studies director Paul Johnson has called for an alternative measure of inflation which includes homeowners' housing costs.

08 Jan 2015

Homeloan Partnership appoints new Commercial Director

Homeloan Partnership appoints new Commercial Director

HomeLoan Partnership today announced that Neil Hoare will be joining its senior management team as Commercial Director.

08 Jan 2015

Halifax: House price growth to ease in 2015

Halifax: House price growth to ease in 2015

The latest House Price Index from Halifax revealed that while house prices in Q4 were 0.3% higher than Q3, the rate of increase declined for the fifth consecutive month and was the lowest since November 2012 (-0.3%).

08 Jan 2015

Ezbob increases maximum loan size

Ezbob increases maximum loan size

Ezbob, the online short term commercial lender, has more than doubled its maximum loan size from £50000 to £120000 and upped its maximum term from 12 to 15 months.

08 Jan 2015

Secured lending sees best November since crisis

Secured lending sees best November since crisis

The latest Secured Loan Index from Loans Warehouse has revealed that secured lending saw its best November since 2007 - up 12.4% on the previous year.

08 Jan 2015

 

Home repossessions fall 14% as North-South divide narrows

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Home repossessions fall 14% as North-South divide narrows

The North-South divide in home repossessions has closed by a sixth over the last year, according to new research by e.surv chartered surveyors.

08 Jan 2015

HSBC promises "unbeatable" mortgage rates

HSBC promises "unbeatable" mortgage rates

HSBC has pledged to offer unbeatable mortgage rates on the high street both for new and existing customers. It has offered to match any on-sale mortgage rate on the high street for customers with deposits or equity of between 10% and 30%

07 Jan 2015

Long-term fixes soar ahead of rate rises

Long-term fixes soar ahead of rate rises

The number of 10-year fixed rate mortgages available on the market has exploded in recent months ahead of the expected interest rate rise later this year.

07 Jan 2015

Nucleus hits £8bn AUM

Nucleus hits £8bn AUM

Nucleus have today announced that their assets under administration broke through the £8 billion barrier on 28 December 2014.

07 Jan 2015

CEBR: London slowdown to cause 2015 house price drop

CEBR: London slowdown to cause 2015 house price drop

New CEBR forecasts predict a UK house price drop of 0.6% in 2015, caused by a slump in prime London prices, in contrast to the 8.8% growth over 2014.

07 Jan 2015

Barclays launches UK’s lowest ever 10 year fix

Barclays launches UK’s lowest ever 10 year fix

From tomorrow, Barclays is launching the UK’s lowest ever ten year fixed rate mortgage at 2.99% for up to 60% LTV, previously available at 3.45%.

07 Jan 2015

Coventry joins MCI panel

Coventry joins MCI panel

MCI Mortgage Club has today announced the addition of Coventry Building Society to its lender panel, joining the likes of Lloyds Banking Group, Santander and Nationwide.

07 Jan 2015

Equity Release Club to host retirement road shows

Equity Release Club to host retirement road shows

The Equity Release Club has today announced it will host a series of training and development road shows to help advisers develop their propositions for the in- and at-retirement market following April's pension reforms.

07 Jan 2015

98% of advisers see dim future for annuities

98% of advisers see dim future for annuities

As demand for annuities continues to fall, new research by Aegon found that only 2% of 200 financial advisers expected annuities to be leading the market by 2025.

07 Jan 2015

New challenger bank to launch in early 2015

New challenger bank to launch in early 2015

Charter Court Financial Services - which includes Precise Mortgages and Exact Mortgage Experts - will launch Charter Savings Bank in early 2015 following the approval of its banking licence by the Prudential Regulation Authority.

07 Jan 2015

BoE admit crisis failures

BoE admit crisis failures

The Bank of England has today published the minutes of Court and related meetings from the crisis period of 2007-09, following their recent proposals to enhance transparency and accountability.

07 Jan 2015

3mc joins Dudley panel

3mc joins Dudley panel

Dudley Building Society, which lends exclusively through the intermediary channel, has today announced the appointment of 3mc to its panel of lending partners.

07 Jan 2015

Skipton launches sub-2% fee-free

Skipton launches sub-2% fee-free

Skipton Building Society is tomorrow launching a new residential two year discount mortgage range to 90% LTV with rates from 1.69%.

06 Jan 2015

F4B appoints new MD

F4B appoints new MD

First 4 Bridging has appointed Lorenzo Satchell as their new managing director.

06 Jan 2015

Virgin customer wins year mortgage-free

Virgin customer wins year mortgage-free

Following Virgin Money's 'Christmas Cracker' prize draw - in which customers whose mortgages completed between the 24th November and 1st January could win a year of mortgage repayments - a winner has been announced.

06 Jan 2015

Half of advisers don't use social media

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Half of advisers don't use social media

A survey of 225 financial advisers found that only 46% are using social media in a professional capacity, while only one in five (21%) consider social media use important for their business.

06 Jan 2015

Family BS cuts mortgage rates and proc fees

Family BS cuts mortgage rates and proc fees

The Family Building Society has announced interest rate cuts on its three and five year fixed rates available as part of its Family Mortgage product.

06 Jan 2015

BoE: mortgage demand dropped

BoE: mortgage demand dropped

The Bank of England's Credit Conditions Survey reported that mortgage demand decreased significantly in Q4 to its lowest level since 2008, despite lenders’ expectations of a rise.

06 Jan 2015

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