Latest News

Women anticipate 24% lower income in retirement

Retirement

Women anticipate 24% lower income in retirement

Research by pension provider Friends Life has found that women’s expectations of their financial wellbeing in retirement fall significantly short of what they think they will need to provide a comfortable retirement.

27 Dec 2013

P2P expert predicts range of interest rates will reduce in 2014

P2P expert predicts range of interest rates will reduce in 2014

As the peer-to-peer lending market matures in 2014, the range of interest rates on P2P loans will reduce, according to Stuart Law, CEO of P2P lending platform Assetz Capital.

24 Dec 2013

Housing transactions up 24%: HMRC

Mortgages

Housing transactions up 24%: HMRC

The number of homes being sold in the UK has risen by 24% over the last year, according to the latest data from HMRC.

24 Dec 2013

Leeds launches 5-year fixed rate bond

Savings & Investments

Leeds launches 5-year fixed rate bond

Leeds Building Society has unveiled a 5-Year Fixed Rate Bond at 3.00% gross p.a./ AER, which allows penalty free access of up to 25%.

23 Dec 2013

Clydesdale & Yorkshire Banks launch new mortgage range

Mortgages

Clydesdale & Yorkshire Banks launch new mortgage range

Mortgage hunters have been given a boost today with the launch of a new range of mortgages from Clydesdale and Yorkshire Banks.

23 Dec 2013

BTL mortgage applications up 41% annually

Mortgages

BTL mortgage applications up 41% annually

According to the latest National and London Lettings Index, the rental market across the UK is outperforming London.

23 Dec 2013

Remortgagers release record amounts of cash in November

Mortgages

Remortgagers release record amounts of cash in November

November remortgage lending rose to £4.22bn, up 0.4% on October’s £4.20bn. November’s figure is also 24.1% higher than this time last year, according to the LMS Remortgage Report.

23 Dec 2013

Matt Cottle, Commercial Director, Y3S Group

In The Spotlight

Matt Cottle, Commercial Director, Y3S Group

Financial Reporter had a chat with Matt Cottle, Commercial Director of Y3S Group, who've had a busy year...

20 Dec 2013

Over 200,000 homes at risk of repossession

Latest News

Over 200,000 homes at risk of repossession

More than 200,000 households in England are at risk of repossession or eviction, according to new statistics released by Shelter.

20 Dec 2013

Shawbrook launches new bond at 2.40%

Savings & Investments

Shawbrook launches new bond at 2.40%

Shawbrook has launched a new 2-year fixed rate bond offering savers a rate of 2.40% AER placing it top of Moneyfacts best buys.

20 Dec 2013

 

BoE says base rate rise could double number of vulnerable mortgagors

Mortgages

BoE says base rate rise could double number of vulnerable mortgagors

The Bank of England has said that if the base rate rose to three per cent, the number of “vulnerable mortgagors” would double to 16%, unless incomes rise.

20 Dec 2013

RBS/NatWest pledges £100m to SMEs via NACFB brokers

RBS/NatWest pledges £100m to SMEs via NACFB brokers

The RBS/NatWest Group will make £100m of funding available to small businesses through the NACFB in a pilot that signals the lender’s commitment to support the growing market for brokered business loans.

20 Dec 2013

first direct introduces 1.99% offset mortgage

Mortgages

first direct introduces 1.99% offset mortgage

Today first direct is introducing a best buy 65% LTV 1.99% 2 year fixed rate offset mortgage with £1,499 booking fee.

20 Dec 2013

Lack of supply will push prices up next year, warns BTL specialist

Mortgages

Lack of supply will push prices up next year, warns BTL specialist

Buy-to-let specialists Assetz examined the outlook for the UK housing market next year and predict that house prices will grow 10% in 2014, driven by a continued lack of property supply.

19 Dec 2013

NatWest to launch Help to Buy 2 deals for intermediaries in January

Mortgages

NatWest to launch Help to Buy 2 deals for intermediaries in January

NatWest Intermediary Solutions has announced that it will be launching its Help to Buy: mortgage guarantee scheme products in January. It expects to be able to announce the exact launch date early next month.

19 Dec 2013

Gross mortgage lending up 30% in 2013

Mortgages

Gross mortgage lending up 30% in 2013

There was an estimated £17 billion of gross mortgage lending in November, according to the Council of Mortgage Lenders.

19 Dec 2013

Over 12,000 mortgage products available as product range hits 5-year high

Mortgages

Over 12,000 mortgage products available as product range hits 5-year high

The addition of 1,287 mortgage products since September gave consumers a choice of over 12,000 products – the first time this milestone has been reached in more than four and a half years, according to the Mortgage Advice Bureau.

19 Dec 2013

BTL set to soar as fifth of landlords plan to buy in Q1 2014

BTL set to soar as fifth of landlords plan to buy in Q1 2014

Landlords are looking to 2014 with an increasing sense of optimism for the wider buy-to-let market and the performance of their rental portfolios, a report by Paragon Mortgages has revealed.

19 Dec 2013

House prices to jump nearly 10% in 2014: RICS

Mortgages

House prices to jump nearly 10% in 2014: RICS

House prices in the UK will see an increase of 8% over the course of next year while the cost of renting a home should rise by a further 2%, according to RICS.

19 Dec 2013

2013 to end on a high for secured lending: Secured Loans Index

2013 to end on a high for secured lending: Secured Loans Index

2013 has ended on a high for secured lending, according to data from Loans Warehouse's Secured Loans Index, as November was the second biggest month of the year.

19 Dec 2013

Looking forward to 2014

Looking forward to 2014

We’ve seen continued strengthening of the economy in the later part of 2013 – but I think next year will blow this year out of the water.

18 Dec 2013

Advisers should recognise need for financial planning after care reforms, says survey

Retirement

Advisers should recognise need for financial planning after care reforms, says survey

Sweeping reforms of the social care system have the potential to trigger massive growth in demand for specialist care-funding advice as many of those paying for care grasp the huge cost implications of the new rules.

18 Dec 2013

Adviser investment company platform purchases up two thirds post-RDR

Savings & Investments

Adviser investment company platform purchases up two thirds post-RDR

A report by the AIC shows a 66% increase in adviser and wealth manager investment company platform purchases in the first nine months of 2013 post-RDR in comparison to the same period in 2012.

18 Dec 2013

Ipswich BS cuts rates for local FTBs

Mortgages

Ipswich BS cuts rates for local FTBs

Ipswich Building Society will be aiming to help borrowers achieve their new year's resolutions of home ownership thanks to a competitive offer for first time buyers living in the East of England.

18 Dec 2013

Scottish housing activity up 23% on last year

Mortgages

Scottish housing activity up 23% on last year

Scottish house prices are up £1,368 since October 2012, according to the latest data from LSL/Acadata.

18 Dec 2013

Gross mortgage lending to grow 15% in 2014: CML

Mortgages

Gross mortgage lending to grow 15% in 2014: CML

A recovery in the housing market since the spring has contributed to an increase in gross lending, which is now expected to grow by almost 20% this year, according to a recently published market forecast by CML.

18 Dec 2013

A small price to pay?

A small price to pay?

We’re facing perhaps the biggest shake-up to our industry in more than five years.

17 Dec 2013

ONS: Prices paid by FTBs 5.9% higher than in 2012

Mortgages

ONS: Prices paid by FTBs 5.9% higher than in 2012

The latest ONS House Price Index, released today, shows that in the 12 months to October, house prices increased by 5.5% - up from a 3.8% increase in the 12 months to September.

17 Dec 2013

Latest Money Careers

Popular this week