Latest News

Value of 1-bed properties in Prime London up £60,000 in a year

Mortgages

Value of 1-bed properties in Prime London up £60,000 in a year

The average value of one-bedroom properties in Prime London has risen by over £60,000 in the past year, following a 14% annual growth, according to estate agent Marsh & Parsons’ latest London Property Monitor.

06 Nov 2013

Virgin Money introduces new range of savings accounts

Savings & Investments

Virgin Money introduces new range of savings accounts

Virgin Money is launching a new range of savings accounts. They offer choice for customers depending on whether they want instant access to their savings, or are happy to invest for a longer period of time for a higher return.

05 Nov 2013

RICS launch guides to combat advice gap

Mortgages

RICS launch guides to combat advice gap

Almost a third of first time buyers across the country admit that they do not understand the processes involved when purchasing their first home.

05 Nov 2013

Dragonfly launches 3-year commercial term loan

Dragonfly launches 3-year commercial term loan

London-based specialist lender, Dragonfly Property Finance, today launched a new Commercial Term loan offering property investors a lower rate on a fixed term product.

05 Nov 2013

HSBC offers new lower personal loan rate

HSBC offers new lower personal loan rate

From Monday 4th November, HSBC will be offering a highly competitive rate on its personal loan of 4.8% representative on loans between £7,000 and £15,000 to its existing current account customers.

05 Nov 2013

Lancashire Mortgage Corporation launches its best ever bridging range

Lancashire Mortgage Corporation launches its best ever bridging range

Lancashire Mortgage Corporation has moved to bolster its market leading status by launching a new range of bridging finance products that boast some of the lowest rates in the industry.

05 Nov 2013

Building society opts for Genworth's Help to Buy alternative

Mortgages

Building society opts for Genworth's Help to Buy alternative

Genworth has today announced one of its existing clients, the Hanley Economic BS, has opted to maintain its long standing private insurance arrangements for high LTV after considering the option of signing up to the Government’s Help to Buy 2 scheme.

05 Nov 2013

Help to Buy Mortgage Guarantee filter launched on MortgageBrain

Mortgages

Help to Buy Mortgage Guarantee filter launched on MortgageBrain

Mortgage Brain has developed and launched a Help to Buy Guarantee scheme filter to enable brokers to identify mortgages from lenders that have recently brought out specific Help to Buy products.

05 Nov 2013

Peer-to-peer mortgage platform LendInvest breaks £8.5m barrier

Mortgages

Peer-to-peer mortgage platform LendInvest breaks £8.5m barrier

LendInvest, the world’s first live and trading peer-to-peer lending platform specifically focused on mortgage lending, has completed more than £8.5m in loans, the company has announced.

05 Nov 2013

Accord slashes rates on all five-year fixes

Mortgages

Accord slashes rates on all five-year fixes

Accord Buy To Let Mortgages has reduced rates on its five year fixed rate deals for house purchase and remortgage.

04 Nov 2013

 

Consumers confused over Help to Buy

Mortgages

Consumers confused over Help to Buy

There is confusion over the Government’s Help to Buy: mortgage guarantee scheme, with 43% of active first time buyers and other home movers confused about the benefit the scheme will give them.

04 Nov 2013

Cash buyers outstrip mortgage buyers in four of last twelve months

Mortgages

Cash buyers outstrip mortgage buyers in four of last twelve months

Despite it being more difficult to obtain a mortgage since the 2007 housing market crash, residential properties were still more often bought with a mortgage, rather than with cash.

04 Nov 2013

Income drawdown riskier for older clients, says MGM Advantage

Retirement

Income drawdown riskier for older clients, says MGM Advantage

MGM Advantage has suggested as drawdown clients get older, the risk of maintaining income levels increases.

04 Nov 2013

Promise introduces secured loan 'hot key' facility

Promise introduces secured loan 'hot key' facility

In response to requests from busy introducers, Promise Solutions has introduced a hot key facility allowing introducers, whilst on the phone to their clients, to quickly obtain an indicative online quote.

04 Nov 2013

Shawbrook launches new product for Commercial Mortgage clients

Mortgages

Shawbrook launches new product for Commercial Mortgage clients

Today Shawbrook is launching a new product feature for existing clients on all new applications.

04 Nov 2013

UK investors come together to back new platform

Savings & Investments

UK investors come together to back new platform

A number of the UK’s early stage investors have come together to back a new online platform that is set to transform venture investing in the UK.

04 Nov 2013

BTL is booming - but investors aren't looking in the right places for funding

Mortgages

BTL is booming - but investors aren't looking in the right places for funding

Buy to let mortgages are on the rise as the private rental sector booms, but over a third of property investors don’t know about sources of funding beyond the high street, according to a survey by Shawbrook Bank.

04 Nov 2013

Newcastle Intermediary Services launches no-fee, no-ERC mortgage

Mortgages

Newcastle Intermediary Services launches no-fee, no-ERC mortgage

Newcastle Intermediary Services, part of Newcastle Building Society, has launched an 80% LTV product with no fees, incentives and no Early Repayment Charges.

04 Nov 2013

Property price bubble talk is 'premature'

Mortgages

Property price bubble talk is 'premature'

Latest analysis from buy-to-let specialist, Assetz, suggests that we are far from the prospect of a 'property bubble'.

04 Nov 2013

Jason Berry, Head of Key Accounts, Uinsure

In The Spotlight

Jason Berry, Head of Key Accounts, Uinsure

Financial Reporter chatted to Jason Berry, Head of Key Accounts at Uinsure, about the RDR and dual pricing.

01 Nov 2013

Auction Finance 4 Brokers launches with four bridging products

Auction Finance 4 Brokers launches with four bridging products

Auction Finance 4 Brokers, launches today with four specialist bridging finance products and a quick and simple process for residential investment properties being purchased at auction.

01 Nov 2013

SfI launches exclusive mortgage range for Current Account customers

Mortgages

SfI launches exclusive mortgage range for Current Account customers

On Monday 4 November, Santander for Intermediaries is launching a range of exclusive products for Santander Current Account holders, offering sizeable discounts of between 0.1-0.25% off its standard range rates.

01 Nov 2013

The Cambridge introduces 'stepped rate' mortgage for FTBs

Mortgages

The Cambridge introduces 'stepped rate' mortgage for FTBs

People wanting to buy their first home can benefit from a new low deposit mortgage with The Cambridge which offers reduced monthly payments in the first year, giving them a helping hand when they need it the most.

01 Nov 2013

Tesco Bank increases Fixed Rate Saver rates

Savings & Investments

Tesco Bank increases Fixed Rate Saver rates

Tesco Bank is offering savers some of the best interest rates currently available across its popular Fixed Rate Saver range.

01 Nov 2013

Repossessions 33% higher in the North

Mortgages

Repossessions 33% higher in the North

The North-South divide in housing repossessions has widened to its largest in six years, with 33% more repossessions in the North than in the South, according to detailed research released this morning by e.surv chartered surveyors.

01 Nov 2013

Rental market grows at faster rate than homes for sale

Mortgages

Rental market grows at faster rate than homes for sale

The latest Quarterly Property Index from Experian has revealed that the number of properties listed ‘to let’ in the UK increased by 13% in Q3 (July-September) 2013, compared to the same quarter last year.

01 Nov 2013

Alternative finance already ahead of 2012 total

Alternative finance already ahead of 2012 total

Alternative business finance in 2013 is already ahead of last year’s total, according to a recent survey of over 250 financial intermediaries.

01 Nov 2013

41% of couples have never discussed retirement income options

Retirement

41% of couples have never discussed retirement income options

Fewer than half (46%) of couples over the age of 40 in the UK have made arrangements to ensure that one partner will continue to receive a retirement income after the other dies, according to new research from Prudential.

01 Nov 2013

Latest Money Careers

Popular this week