Latest News

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

shutterstock_124638133.jpg

Time to stop confusing the customer over rates

[SPECIAL FEATURE: Matthew Anderson, director, Fincorp]

19 Jun 2014

Mortgage lending activity sees slowdown in May: CML

Mortgages

Mortgage lending activity sees slowdown in May: CML

Gross mortgage lending held steady in May and was an estimated £16.5 billion, according to the Council of Mortgage Lenders.

19 Jun 2014

Regulator to speak at ASTL conference

Regulator to speak at ASTL conference

Lynda Blackwell, Manager of the Mortgages Sector team at the FCA is to speak at the ASTL’s annual conference which takes place in three months’ time on the 16th September at Painters’ Hall in the City of London.

19 Jun 2014

Precise Mortgages launches new website

Latest News

Precise Mortgages launches new website

Precise Mortgages, the specialist lender, has today launched a new website unveiling a fresh look and feel for the brand.

19 Jun 2014

44% of FCA fines were handed to individuals in 2013

Latest News

44% of FCA fines were handed to individuals in 2013

The Financial Conduct Authority penalised British firms a total of £506.94m in 2013 according to new research from Kinetic Partners, the global professional services firm.

18 Jun 2014

Making factfinding easier for advisers

Blogs

Making factfinding easier for advisers

[Blog from Julie Murray, Technology Director of Revolution]

18 Jun 2014

 

Firms shouldn't shy away from the equity release market

Retirement

Firms shouldn't shy away from the equity release market

[Blog from Chris Prior, Manager, Sales and Distribution at Bridgewater Equity Release]

18 Jun 2014

1 in 3 homeowners believe they won't be mortgage free until 60+

Mortgages

1 in 3 homeowners believe they won't be mortgage free until 60+

Research commissioned by online credit information provider, Equifax, has revealed over a third (36%) of current homeowners expecting to be older than they had originally planned by the time they pay off their mortgage.

18 Jun 2014

Government 'broke Treasury guidelines' on Help to Buy

Mortgages

Government 'broke Treasury guidelines' on Help to Buy

MPs have criticised the Government over Help to Buy, saying it failed to look at alternatives to the scheme before its launch.

18 Jun 2014

Mortgage rates fall to average of 3.81% in May

Mortgages

Mortgage rates fall to average of 3.81% in May

The average rate of UK retail mortgages (including all fixed and variable rates and all LTVs) in May 2014 is 3.81%, down 0.15% from April 2014, according to the Moneyfacts True Cost Index.

18 Jun 2014

P2PFA announces new standard for calculating default rates

P2PFA announces new standard for calculating default rates

The Peer-to-Peer Finance Association today announced a further measure to improve standards in the peer to peer lending market.

18 Jun 2014

'Fertile middle ground' of P2P could be the future for savers

'Fertile middle ground' of P2P could be the future for savers

Following another disappointing ISA season, providing a better alternative for hard-pressed savers should underpin how P2P is included within the tax-free wrapper, according to UK platform RateSetter.

18 Jun 2014

SimplyBiz launches 'protection awareness week'

Protection

SimplyBiz launches 'protection awareness week'

The SimplyBiz Group is undertaking a dedicated ‘protection awareness week’ which aims to help advisers better educate clients about protection products and opportunities.

18 Jun 2014

Just 6% think curbing Help to Buy would help price inflation: BSA

Mortgages

Just 6% think curbing Help to Buy would help price inflation: BSA

The number of people who think that now is a good time to buy a home is at its lowest level since June 2008, with buyers pessimistic about price inflation, the BSA's Property Tracker report has revealed.

18 Jun 2014

SCF expands commercial & bridging team

SCF expands commercial & bridging team

Specialist Commercial Finance has announced the appointment of Wes Friedel to its rapidly expanding commercial and bridging team.

18 Jun 2014

Evolution Money makes two new funding announcements

Evolution Money makes two new funding announcements

Evolution Money has announced an important milestone in its funding strategy today, having agreed an extension of its RBS facility and additional funding support through a syndicated deal with Shawbrook Bank.

18 Jun 2014

The European Commission is unfit to dictate housing policies of an elected parliament

The European Commission is unfit to dictate housing policies of an elected parliament

I read with horror recently that the European Commission now feels it’s qualified to advise the Chancellor of the Exchequer on British housing policy.

17 Jun 2014

Bridgebank Capital appoints ex-RBS director

Latest News

Bridgebank Capital appoints ex-RBS director

Bridgebank Capital has announced the appointment of Steve Bryce as Head of Credit Risk, to support the company’s continued growth and greater emphasis on larger loan advances.

17 Jun 2014

BoE 'will not hesitate' to act on housing market when needed: Carney

Mortgages

BoE 'will not hesitate' to act on housing market when needed: Carney

In his opening comments to the Bank of England's Annual Report, released today, Governor Mark Carney emphasised that the Bank will take action on the housing market when necessary.

17 Jun 2014

AA launches conveyancing service

Legal

AA launches conveyancing service

The AA has announced it is launching a home conveyancing service.

17 Jun 2014

Mortgage con man jailed for 5 years

Mortgages

Mortgage con man jailed for 5 years

A fraudster who tricked property buyers and investors into handing over approximately £650,000 has been jailed for five years.

17 Jun 2014

UK inflation falls to 1.5%: ONS

Latest News

UK inflation falls to 1.5%: ONS

The UK's headline rate of inflation fell to 1.5% in the year to May, down from 1.8% in April, according to the Office for National Statistics.

17 Jun 2014

Borrowers should not be complacent over rates, warns L&G

Mortgages

Borrowers should not be complacent over rates, warns L&G

Legal & General Mortgage Club has today warned consumers not to be caught out by rising interest rates.

17 Jun 2014

House prices soar 9.9% in April: ONS

Mortgages

House prices soar 9.9% in April: ONS

UK house prices increased by 9.9% in the year to April 2014, up from 8.0% in the year to March 2014, according to the latest statistics from the ONS.

17 Jun 2014

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