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Peer-to-peer lender warns public of zombie savings accounts

Savings & Investments

Peer-to-peer lender warns public of zombie savings accounts

RateSetter warn the public of the danger of “zombie” savings accounts by shocking commuters with actors dressed as zombies at Liverpool Street, Bank Station and the Bank of England.

16 Jan 2014

Clydesdale & Yorkshire slash personal loan rates again

Clydesdale & Yorkshire slash personal loan rates again

Clydesdale Bank and Yorkshire Bank have cut the rate for unsecured online personal loans between £7,500 and £15,000 again this morning.

16 Jan 2014

Barclays launches Help to Buy mortgages from 5.35%

Mortgages

Barclays launches Help to Buy mortgages from 5.35%

Barclays has today announced details of its products which will go live on Tuesday 21 January 2014 to support the Government's Help to Buy mortgage guarantee scheme.

16 Jan 2014

Aldermore appoints new head of commercial mortgages

Aldermore appoints new head of commercial mortgages

Aldermore, Britain’s leading challenger bank, has appointed a new Head of Commercial Lending to lead and implement the Bank’s strategic commercial mortgage lending growth plans in 2014 and beyond.

16 Jan 2014

Candy-owned lender completes £127.5m super-bridge

Candy-owned lender completes £127.5m super-bridge

Omni Capital, the specialist short-term lender owned by Christian Candy’s CPC Group, has completed a record £127.5 million ‘super-bridge’ for a prime residential development project in central London.

16 Jan 2014

RICS: House sales hit six-year high

Legal

RICS: House sales hit six-year high

The number of homes sold per chartered surveyor reached its highest point since March 2008 last month as the recovery in the nation’s property sector continued full steam ahead, says December’s RICS UK Residential Market Survey.

16 Jan 2014

Lenders to 'woo' brokers with higher proc fees in 2014?

Lenders to 'woo' brokers with higher proc fees in 2014?

Bridging lender Fincorp has predicted 2014 may well see bridging lenders trying to woo brokers with higher procuration fees as they vie for business.

15 Jan 2014

Ipswich BS launches fixed two year 1.97% mortgage

Mortgages

Ipswich BS launches fixed two year 1.97% mortgage

Ipswich Building Society has launched a competitive two year fixed rate 75% loan-to-value mortgage product available to brokers in the East of England as well as the PMS and Sesame broker networks.

15 Jan 2014

November saw buy-to-let lending up 30% on 2012

November saw buy-to-let lending up 30% on 2012

The CML released data today on the profile of UK lending in November 2013, including first-time buyer, home mover, remortgagor and buy-to-let lending.

15 Jan 2014

House purchases saw fourth highest monthly lending in six years

Mortgages

House purchases saw fourth highest monthly lending in six years

The CML released data today on the profile of UK lending in November 2013, including first-time buyer, home mover, remortgagor and buy-to-let lending.

15 Jan 2014

 

Skipton launches fixed rate bond range paying up to 3.00%

Savings & Investments

Skipton launches fixed rate bond range paying up to 3.00%

Skipton Building Society launches a new Fixed Rate Bond range, with rates paying up to 3.00%, today.

15 Jan 2014

Mortgage club warns of 'sleepwalking' to higher mortgage repayments

Mortgages

Mortgage club warns of 'sleepwalking' to higher mortgage repayments

Legal & General Mortgage Club the UK’s number one mortgage network, has today warned borrowers not to sleep walk into higher mortgage repayments.

15 Jan 2014

Paragon launches 6.125% sterling bond

Savings & Investments

Paragon launches 6.125% sterling bond

The Paragon Group of Companies, the specialist buy-to-let and consumer finance group, has today launched an offer of 6.125% sterling bonds due January 2022.

14 Jan 2014

London rents still more than double the North East

Mortgages

London rents still more than double the North East

The December 2013 HomeLet Rental Index shows the average cost of renting a home in the Capital reduced by 1.5% during December to £1,244 per month.

14 Jan 2014

Market confidence hits 4-year high

Mortgages

Market confidence hits 4-year high

UK homeowners predict house prices will rise 7.2% between now and summer, up from 5.7% just three months ago and from 3.2% this time last year, making it the most upbeat forecast in four years.

14 Jan 2014

ONS: House price growth 'increasingly strong'

Mortgages

ONS: House price growth 'increasingly strong'

The Office for National Statistics has released its house price data from November showing that prices increased 5.4% over the 12 months prior.

14 Jan 2014

AOBP lender panel hits 23 members

AOBP lender panel hits 23 members

The AOBP gives a warm welcome to its newest Associate Lender, Mint Bridging.

14 Jan 2014

Number of property valuations up 35% in 2013

Legal

Number of property valuations up 35% in 2013

The number of property valuations in 2013 grew by 35% compared to the previous year, according to chartered surveyors Connells Survey & Valuation.

14 Jan 2014

NatWest unveils Help to Buy mortgages

Mortgages

NatWest unveils Help to Buy mortgages

NatWest Intermediary Solutions is launching two new mortgage deals tomorrow to support the Government’s Help to Buy: mortgage guarantee scheme.

14 Jan 2014

A third of housebuyers know nothing about Help to Buy

Mortgages

A third of housebuyers know nothing about Help to Buy

More than one in three consumers seeking a mortgage this year (38%) know nothing about the government’s Help to Buy 95% mortgage scheme, new research from Mortgage Advice Bureau reveals.

14 Jan 2014

Citizens Advice reports payday lenders to OFT

Latest News

Citizens Advice reports payday lenders to OFT

Four payday lenders and three debt collection firms reported to OFT by Citizens Advice are no longer operating.

13 Jan 2014

Consumers turn to peer-to-peer to fix Christmas debt

Latest News

Consumers turn to peer-to-peer to fix Christmas debt

A record number of people are turning to peer-to-peer finance providers to help consolidate debts accrued over the 2013 Christmas period according to data released today by RateSetter.com.

13 Jan 2014

2014 forecast: blue skies ahead

Blogs

2014 forecast: blue skies ahead

[Blog from: Karen Bennett, sales and marketing director, Commercial Mortgages, Shawbrook Bank]

13 Jan 2014

Mortgage Trust introduces 2.89% tracker

Mortgages

Mortgage Trust introduces 2.89% tracker

Mortgage Trust, the specialist buy-to-let lender, has updated its product range to include a new two year tracker at 2.89%.

13 Jan 2014

Specialist lender launches mortgage for contract workers

Mortgages

Specialist lender launches mortgage for contract workers

Specialist lender Kensington has launched a new range of mortgage products aimed at the growing number of contract workers in England and Wales.

13 Jan 2014

TSB pays stamp duty for mortgage customers

Mortgages

TSB pays stamp duty for mortgage customers

Customers taking out a mortgage with TSB for a home costing between £125,001 and £250,000, can now benefit from having their one per cent stamp duty paid by the Bank.

13 Jan 2014

1 in 5 SMEs have seen restricted lending from their bank

1 in 5 SMEs have seen restricted lending from their bank

More than one in five (21%) - equivalent to around a million – of the UK’s SMEs have seen the lending terms from their bank worsen in the past five years, according to new research by peer-to-peer firm, rebuildingsociety.com.

13 Jan 2014

Liquidity Central launches exclusive short term product

Liquidity Central launches exclusive short term product

Commercial finance distributors Liquidity Central have announced the launch of a new, exclusive, short term product for business owners with lending decisions available on the same day.

13 Jan 2014

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