Latest News

Halifax makes reductions of up to 0.25%

Mortgages

Halifax makes reductions of up to 0.25%

Halifax Intermediaries have announced a set of product changes, effective today, to their homemover, first time buyer and remortgage products.

16 Aug 2013

Precise launches 3-year fix at 2-year rates

Mortgages

Precise launches 3-year fix at 2-year rates

Precise Mortgages, the intermediary lender, has launched a set of exclusive products available through a select group of packagers.

16 Aug 2013

Rents rise more slowly than inflation with a £1 increase since May

Rents rise more slowly than inflation with a £1 increase since May

Rents have risen more slowly than inflation over the last twelve months, according to the latest Buy-to-Let Index from LSL Property Services.

16 Aug 2013

BM Solutions cuts fixed rates & trackers by 0.2%

Mortgages

BM Solutions cuts fixed rates & trackers by 0.2%

BM Solutions is cutting its two-year fixed and tracker buy-to-let rates (up to 75% LT)V by 0.2%, as of tomorrow.

15 Aug 2013

'Pension liberation' schemes a scam, warns Carpenter Box

Retirement

'Pension liberation' schemes a scam, warns Carpenter Box

There has been increasing comment in the media recently about the emergence of ‘pension liberation’ schemes, which are no more than ‘pension scams’ warns Simon Fox, Managing Partner of Carpenter Box Wealth Management LLP.

15 Aug 2013

Foreign investors remain hungry for London new builds

Savings & Investments

Foreign investors remain hungry for London new builds

Foreign investors have snapped up between 65-70% of the new build homes in prime London over the past two years, according to research by Chesterton Humberts.

15 Aug 2013

Evidence mounts that fixed rate mortgage pricing has bottomed out

Mortgages

Evidence mounts that fixed rate mortgage pricing has bottomed out

Ray Boulger of independent mortgage adviser John Charcol commented on yesterday's MPC minutes and other factors influencing mortgage pricing.

15 Aug 2013

Mortgage intermediaries expect BTL business to increase

Mortgage intermediaries expect BTL business to increase

More than half of mortgage intermediaries (61%) expect to do more buy-to-let business in the next 12 months, research by Paragon Mortgages has revealed.

15 Aug 2013

AOBP appoints Rob Jupp as new Chairman

AOBP appoints Rob Jupp as new Chairman

The Association of Bridging Professionals has announced the appointment of Rob Jupp, CEO of specialist loan distributor Brightstar Financial, as its Chairman for 2013/14, effective as of September 1st 2013.

15 Aug 2013

Intermediaries' market confidence driven by remortgage prospects

Mortgages

Intermediaries' market confidence driven by remortgage prospects

Brokers working in the mortgage market are reasonably confident about its prospects for the next three months according to new research conducted by NatWest Intermediary Solutions.

15 Aug 2013

 

4 in 5 interest-only customers plan on downsizing to pay off loans

Mortgages

4 in 5 interest-only customers plan on downsizing to pay off loans

Around four out of five interest-only mortgage customers are relying wholly or partly on selling their house to pay off the capital, new research from equity release lender more 2 life shows.

14 Aug 2013

Buoyant BTL sector faces increasing weight of legal obligation

Eddie Goldsmith - GW

Buoyant BTL sector faces increasing weight of legal obligation

Q2 2013 has seen a significantly higher proportion of buy-to-let remortgaging, suggesting that property investors are refinancing now in preparation for further purchases later on in the year.

14 Aug 2013

3mc pilots with two lenders in one week

3mc pilots with two lenders in one week

Mortgage distributor 3mc is providing packaging support to Shawbrook Bank and Magellan Homeloans, both of whom have started piloting new mortgage products this week.

14 Aug 2013

MAB sees annual increase of 82% in mortgage business

Mortgages

MAB sees annual increase of 82% in mortgage business

Mortgage Advice Bureau recorded an 82% annual increase in mortgage business last month, with £554.7m worth of applications making July 2013 the busiest since the company was established in 2000.

14 Aug 2013

TBMC launches second charge BTL with Shawbrook

TBMC launches second charge BTL with Shawbrook

TBMC has launched a second charge buy-to-let loan with Shawbrook Bank aimed at landlords looking to release equity in existing properties without remortgaging.

14 Aug 2013

SBG adds group risk products to restricted advice proposition

Protection

SBG adds group risk products to restricted advice proposition

Sesame Bankhall Group today announces that it is strengthening its restricted advice proposition for advisers and their customers with the addition of group risk products.

14 Aug 2013

Help to Buy boosted to 10,000 reservations by market confidence

Latest News

Help to Buy boosted to 10,000 reservations by market confidence

New figures show that the Help to Buy: Equity Loan scheme is surging ahead with 10,000 reservations for new build homes in the last 4 months.

13 Aug 2013

The Buy to Let Business pilots new Shawbrook BTL product

The Buy to Let Business pilots new Shawbrook BTL product

The Buy to Let Business has been chosen as one of three broker partners to pilot an exciting new Buy to Let offering from Shawbrook Bank.

13 Aug 2013

More people than ever wanting to retire overseas

Blogs

More people than ever wanting to retire overseas

They’ve often been referred to as the ‘emi-greys’, and it appears that they’re growing in number.

13 Aug 2013

Bridging lending up 16.9% in Q2

Bridging lending up 16.9% in Q2

The number of bridging loans written increased by 16.9% in the quarter ending 31 June 2013, according to lending trade body, the Association of Short Term Lenders.

13 Aug 2013

Skipton launches high LTV exclusive through LSL group

Mortgages

Skipton launches high LTV exclusive through LSL group

LSL Property Services Group has secured an exclusive 85% LTV mortgage with Skipton Building Society.

13 Aug 2013

Leeds BS cuts rate on 2-year fix to 2.14%

Mortgages

Leeds BS cuts rate on 2-year fix to 2.14%

Leeds Building Society has reduced the rate on its 2 year fixed rate mortgage by 0.26% to just 2.14%.

13 Aug 2013

House prices growth remains stable, reports ONS

Mortgages

House prices growth remains stable, reports ONS

According to the latest ONS House Price Index, UK house prices increased by 3.1% in the 12 months to June 2013, up from a 2.9% increase in the 12 months to May 2013.

13 Aug 2013

SBSLS expands panel with new lender Magellan Homeloans

Mortgages

SBSLS expands panel with new lender Magellan Homeloans

Sesame Bankhall Specialist Lending Services has today announced the addition of a new lender, Magellan Homeloans, to its growing lender panel.

13 Aug 2013

Shawbrook Bank pilots mainstream BTL offering

Shawbrook Bank pilots mainstream BTL offering

Shawbrook Bank has further enhanced its offering for experienced property investors with the introduction of two new mainstream buy-to-let products, which are being piloted by three of its broker partners before wider roll-out in the autumn.

13 Aug 2013

Prestige streamlines packaging process

Prestige streamlines packaging process

Prestige Finance, the secured loan lender, part of OneSavings Bank, has announced positive packaging improvements to further back up the enhancements to products and criteria initiated at the beginning of July.

13 Aug 2013

Brokers' confidence in buy-to-let soars

Mortgages

Brokers' confidence in buy-to-let soars

Confidence in the buy-to-let market is soaring, a survey by broker and mortgage club The Buy to Let Business has revealed.

13 Aug 2013

Richard Mason, Head of Lending, Harpenden BS

In The Spotlight

Richard Mason, Head of Lending, Harpenden BS

Financial Reporter had a chat to Richard Mason, Head of Lending at Harpenden Building Society.

12 Aug 2013

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