Latest News

Help to Buy drives recovery in number of mortgage buyers in 2014

Mortgages

Help to Buy drives recovery in number of mortgage buyers in 2014

Mortgage buyers have regained their position as the dominant purchasers in the housing market, after a year in which cash buyers looked like taking over.

13 Mar 2014

Openwork chooses KRS as equity release partner

Retirement

Openwork chooses KRS as equity release partner

Openwork is pleased to announce that it has chosen Key Retirement Solutions as its exclusive provider of equity release schemes.

13 Mar 2014

Advisers welcome idea of mandated comparison process for annuities

Retirement

Advisers welcome idea of mandated comparison process for annuities

New research from IRESS has found that advisers would like to see increased shopping around for annuities via a mandated comparison process so consumers get a thorough overview of annuity rates available on the market before they buy.

13 Mar 2014

DWP could cause problems for unemployed homeowners with rule change

Protection

DWP could cause problems for unemployed homeowners with rule change

The Department for Work & Pensions is currently reviewing its position when it comes to Government support for mortgage interest payments provided to unemployed homeowners.

13 Mar 2014

Crystal Mortgages introduce larger loans range up to £10m

Mortgages

Crystal Mortgages introduce larger loans range up to £10m

Crystal Mortgages is offering a new, dedicated suite of larger loan investment products with the company citing an increase in high-worth applications since the turn of the year.

13 Mar 2014

CML: FTBs see 38% more loans in January

Mortgages

CML: FTBs see 38% more loans in January

The CML has released data this morning showing that while the number of loans advanced for house purchase decreased in January, the number advanced to FTBs was up 38% on January 2013.

13 Mar 2014

Stuart Kelly is promoted to Director of Lending at Shawbrook

Stuart Kelly is promoted to Director of Lending at Shawbrook

Shawbrook Bank has announced the promotion of Stuart Kelly to Director of Lending at Shawbrook Bank’s Commercial Mortgages division.

13 Mar 2014

RICS: Growth in buyer numbers slips in February

Latest News

RICS: Growth in buyer numbers slips in February

RICS data released today shows that the increase in potential buyers eased off during February this year, to its lowest point in almost a year.

13 Mar 2014

Stonebridge added to Magellan distribution panel

Mortgages

Stonebridge added to Magellan distribution panel

Stonebridge Mortgage Solutions, the network arm of Stonebridge Group, has today announced it has been appointed to the distribution panel of Magellan Homeloans.

13 Mar 2014

Land Registry plans could cause wider problems in housing market

Mortgages

Land Registry plans could cause wider problems in housing market

Under new plans to centralise local land charge searches the Land Registry will only be responsible for digitisation of records back to 1999.

12 Mar 2014

 

FCA appoints new head of investment banking

Latest News

FCA appoints new head of investment banking

The Financial Conduct Authority has appointed Julia Hoggett as head of investment banking in its supervision division. She will start in early May.

12 Mar 2014

Ex-Accenture MD joins Vizolution

Latest News

Ex-Accenture MD joins Vizolution

Vizolution has today announced the appointment of Scanes Bentley as Non-Executive Chairman.

12 Mar 2014

Will new regulation affect lending in 2014?

shutterstock_125681588.jpg

Will new regulation affect lending in 2014?

The mortgage market is gaining momentum. First-time buyers are returning to the market in their droves, as an increase in high LTV lending has made mortgages more accessible.

12 Mar 2014

Intelliflo launches MMR checklist for advisers

Mortgages

Intelliflo launches MMR checklist for advisers

With the Mortgage Market Review fast approaching, Intelliflo has today released its MMR Checklist in a bid to ensure that mortgage advisers are aware of and prepared for the changes that the new regulation will bring in.

12 Mar 2014

UTB expands asset finance options for engineering machinery

UTB expands asset finance options for engineering machinery

United Trust Bank has extended the range of assets it will now consider financing to include engineering and manufacturing equipment.

12 Mar 2014

Sensible Home Finance hits £1m mark with Masthaven

Sensible Home Finance hits £1m mark with Masthaven

Sensible Home Finance has become the latest lending partner to achieve the £1 million completions mark with Masthaven Secured Loans.

12 Mar 2014

Conveyancers offering better value for money than estate agents

Legal

Conveyancers offering better value for money than estate agents

Estate agents hit the headlines last week with the report from the HomeOwners Alliance that their fees are more than fifty percent higher than those charged by lawyers.

12 Mar 2014

1 in 4 don't shop around properly for mortgage

Mortgages

1 in 4 don't shop around properly for mortgage

Which? Mortgage Advisers reveals some people aren’t comparing enough options and regret not seeking independent advice when making this major financial decision.

12 Mar 2014

Record levels of business sees Fincorp looking to recruit

Record levels of business sees Fincorp looking to recruit

Bridging lender Fincorp is on the lookout for a talented business development director and two administrative staff to help the company cope with record levels of business.

11 Mar 2014

Norton takes on the Three Peaks Challenge

Latest News

Norton takes on the Three Peaks Challenge

A group of staff from Norton Finance, led by directors Keith and Paul Stringer, are taking on the infamous Three Peaks Challenge for charity.

11 Mar 2014

NatWest drops BTL rates by up to 0.24%

NatWest drops BTL rates by up to 0.24%

NatWest Intermediary Solutions is launching two new 5 year fixed rate BTL mortgages tomorrow and reducing rates on other buy-to-let deals of between 0.20-0.24%, as part of its commitment to lending in the ‘amateur landlord’ sector.

11 Mar 2014

Co-op accepts Group Chief Exec Euan Sutherland's resignation

Latest News

Co-op accepts Group Chief Exec Euan Sutherland's resignation

The Co-operative Group announces that Euan Sutherland has resigned as Group Chief Executive with immediate effect. Richard Pennycook, Chief Financial Officer, has been appointed as Interim Group Chief Executive.

11 Mar 2014

Lending to FTBs hits six-year high

Mortgages

Lending to FTBs hits six-year high

The Bank of England and FCA today published the latest Mortgage Lenders and Administrators Statistics for the United Kingdom covering the period Q4 2013.

11 Mar 2014

Shawbrook Commercial Mortgages updates pricing across product range

Shawbrook Commercial Mortgages updates pricing across product range

The Shawbrook Commercial Mortgage division is making banding and pricing changes to a broad range of products to keep them in line with the changing needs of its brokers.

11 Mar 2014

Property price discounts drop to four-year low

Mortgages

Property price discounts drop to four-year low

The proportion of UK properties currently on the market for sale with a reduced asking price has fallen to its lowest level in four years according to property website Zoopla.co.uk.

11 Mar 2014

LSL launches new packager for niche and specialist lending

Mortgages

LSL launches new packager for niche and specialist lending

LSL has launched a new packager called The Mortgage Processing Centre.

11 Mar 2014

Masthaven Bridging expands into corporate market

Masthaven Bridging expands into corporate market

Masthaven Bridging has announced the appointment of Jan Gallagher as National Corporate Sales Manager.

11 Mar 2014

Help to Buy 2 will be cut short, predict lenders

Mortgages

Help to Buy 2 will be cut short, predict lenders

Help to Buy 2 will be cut short, lenders have predicted in research conducted by the Intermediary Mortgage Lenders Association.

11 Mar 2014

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