Latest News

Retirees most likely to invest in NISA under new rules

Retirement

Retirees most likely to invest in NISA under new rules

Changes announced in the recent budget mean from April 2015 retirees can release up to 100% of their pension savings as cash in one lump sum.

23 Jun 2014

L&G Mortgage Club applications continue to rise post-MMR

Mortgages

L&G Mortgage Club applications continue to rise post-MMR

Legal & General Mortgage Club has reported no adverse impact from the implementation of the Mortgage Market Review with applications and completions continuing to rise.

23 Jun 2014

Leeds BS intermediary team gains new member

Latest News

Leeds BS intermediary team gains new member

Parveen Kumari has re-joined Leeds Building Society’s intermediary mortgage team as Corporate Account Manager, as the Society continues to grow its market share of lending through intermediaries.

23 Jun 2014

Montello surges through £250m a year lending mark

Montello surges through £250m a year lending mark

London-based real estate lender, Montello Finance, have surged through the £250m a year threshold claiming it is now one of the most active bridging lenders in the UK.

23 Jun 2014

Invesco Perpetual joins Panacea Adviser community

Latest News

Invesco Perpetual joins Panacea Adviser community

Panacea Adviser, the online community and resource for financial advisers, has announced Invesco Perpetual has joined its growing community of partner provider firms.

23 Jun 2014

Lenders expect approvals to dip in Q3: BoE

shutterstock_128908430.jpg

Lenders expect approvals to dip in Q3: BoE

Demand for secured lending for house purchase was reported to have increased significantly in 2014 Q2, according to the Bank of England Credit Conditions Survey.

23 Jun 2014

Mortgagors could be badly affected by ‘increasingly likely’ BoE intervention

Mortgages

Mortgagors could be badly affected by ‘increasingly likely’ BoE intervention

Today, Springtide Capital has warned that if the BoE were to increase the required capital reserves for lenders in an attempt to address housing market risks, it could cost the average homeowner hundreds of pounds on their mortgage payments.

23 Jun 2014

Annuities should be 'bespoke', says MGM Advantage

Retirement

Annuities should be 'bespoke', says MGM Advantage

MGM Advantage is calling on the industry to follow its lead in ensuring all annuities reflect personal circumstances and should be individually underwritten.

23 Jun 2014

BTL investors expect retirement boost from portfolios

Retirement

BTL investors expect retirement boost from portfolios

Buy-to-let investors expect income from their rental properties to bolster their annual retirement income by nearly £20,000 (£19,785), according to Platinum Property Partners.

23 Jun 2014

IBB appoints new CEO and director

Latest News

IBB appoints new CEO and director

Islamic Bank of Britain, the UK’s only wholly Sharia compliant retail bank, today announced that it has appointed Sultan Choudhury as Chief Executive Officer and Director.

23 Jun 2014

 

GI portal launched by SimplyBiz

Protection

GI portal launched by SimplyBiz

SimplyBiz Mortgages has this week announced the launch of a new general insurance quotation and sourcing portal, Genius.

23 Jun 2014

Stuart Wilson, Managing Partner, Later Life Academy

In The Spotlight

Stuart Wilson, Managing Partner, Later Life Academy

We spoke to Stuart Wilson, Managing Partner at Later Life Academy about later life advice and the equity release market.

20 Jun 2014

CLC appoints three new Council Members

Legal

CLC appoints three new Council Members

The CLC, the specialist property law regulator, today announced the appointment of three new Council Members.

20 Jun 2014

Sourcing systems - removing the mystery from secured loans

Sourcing systems - removing the mystery from secured loans

[SPECIAL FEATURE: Tom Garratt, Head of Intermediary Channel, The Loans Engine]

20 Jun 2014

Virgin launches new fixed rate ISA range

Virgin launches new fixed rate ISA range

Virgin Money is today launching a new range of savings accounts and is increasing interest rates on both ISA and non-ISA accounts.

20 Jun 2014

NACFB launches compliance services

NACFB launches compliance services

The NACFB has today launched NACFB Compliance Services to its 1200 member brokers.

20 Jun 2014

The Lending Wizard adds Precise to panel

The Lending Wizard adds Precise to panel

The Lending Wizard, the loan sourcing tool for brokers from Freedom Finance, today reveals that it has signed Precise Mortgages to its panel of second charge lenders.

20 Jun 2014

Magellan to provide credit repair products to TurnKey Mortgages

Mortgages

Magellan to provide credit repair products to TurnKey Mortgages

Magellan Homeloans, the specialist credit repair lender, has been appointed by TurnKey Mortgages to provide support to clients who have historical adverse credit records and are therefore unable to access mainstream mortgage products.

20 Jun 2014

5-year mortgages become increasingly popular

Mortgages

5-year mortgages become increasingly popular

Over two-thirds (62%) of the 573,866 fixed rate mortgage loans in 2013 were for two year deals. Whilst still making up the majority of mortgages, this proportion has changed from 2008 (68%).

20 Jun 2014

'Log jam' of property market begins to clear up

Mortgages

'Log jam' of property market begins to clear up

The UK average property price is now £200,707 – no growth on the month but up 9.2% annually, according to Haart's National Housing Market Monitor.

20 Jun 2014

Soaring property values prompts Inheritance Tax mitigation in middle England

Eddie Goldsmith - GW

Soaring property values prompts Inheritance Tax mitigation in middle England

We British have an obsession with all things property.

19 Jun 2014

Survey shows just 16% of retirees considering an annuity

Retirement

Survey shows just 16% of retirees considering an annuity

Only 16% of those nearing retirement have or are considering taking out an annuity, according to recent figures from cloud-based online financial planning tool RetireEasy.co.uk.

19 Jun 2014

Two year self build mortgages launched by Monmouthshire BS

Mortgages

Two year self build mortgages launched by Monmouthshire BS

Monmouthshire Building Society has launched an exciting new range of two year level discount self build mortgage products available throughout England and Wales.

19 Jun 2014

Low supply means fifth of buyers paying over asking price

Mortgages

Low supply means fifth of buyers paying over asking price

As the supply of homes for sale remains low, one in five buyers are paying more than the asking price to secure their dream property, according to the National Association of Estate Agents.

19 Jun 2014

Norton extends home loan lending to Scotland

Mortgages

Norton extends home loan lending to Scotland

Norton Home Loans is to extend its secured lending geographical area, as from the 23rd June, to include Scotland.

19 Jun 2014

UK rents hit £784 as supply deficit continues

Latest News

UK rents hit £784 as supply deficit continues

The UK average rent reached £784 in May 2014 as the rental property supply deficit continues.

19 Jun 2014

New best friend?

New best friend?

I must apologise for my poor blogging of late...

19 Jun 2014

Time to stop confusing the customer over rates

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Time to stop confusing the customer over rates

[SPECIAL FEATURE: Matthew Anderson, director, Fincorp]

19 Jun 2014

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