Latest News

CML welcome Progressive Building Society as a member

Mortgages

CML welcome Progressive Building Society as a member

The CML is delighted to welcome the return of the Progressive Building Society as a member.

18 Jul 2013

Purchase instructions on the up in Q2

Legal

Purchase instructions on the up in Q2

Quarter two has seen a noticeable increase in business levels – particularly purchase instructions, according to the latest figures released today by broker-focused conveyancing distributor, Broker Conveyancing.

18 Jul 2013

How important is flexibility in time-sensitive deals?

Blogs

How important is flexibility in time-sensitive deals?

How important is flexibility from a lender when it comes to time sensitive short term loan deals, asks Karen Bennett, Director of Sales and Marketing, Commercial Mortgages, Shawbrook Bank.

17 Jul 2013

BTL remortgaging surges in Q2

Mortgages

BTL remortgaging surges in Q2

The second quarter saw a significantly higher proportion of buy to let remortgaging than purchasing according to the latest Mortgages for Business Complex Buy to Let Index.

17 Jul 2013

Traditional customers embrace new technology for mortgage applications

Mortgages

Traditional customers embrace new technology for mortgage applications

Research conducted on HML’s behalf among Skipton Building Society customers identifies a willingness among traditional banking customers to embrace the time-saving efficiencies of new technology.

17 Jul 2013

Peer-to-peer mortgage trading platform completes first block trade of loans

Peer-to-peer mortgage trading platform completes first block trade of loans

Peer-to-peer mortgage trading platform, LendInvest, has announced that it has completed its first 'block trade' of loans.

17 Jul 2013

'Mortgage-free' age goes through the roof

Mortgages

'Mortgage-free' age goes through the roof

Over a third of homeowners in the UK expect to be well into their 60s before they finally pay off their mortgage, according to new research by Post Office Mortgages.

17 Jul 2013

Personal Touch announces exclusive with Skipton BS

Mortgages

Personal Touch announces exclusive with Skipton BS

Personal Touch Financial Services, one of the UK's largest mortgage distributors, today announced an exclusive mortgage deal with Skipton Building Society for its members' clients.

16 Jul 2013

Parent-guarantor mortgages on the rise for FTBs

Mortgages

Parent-guarantor mortgages on the rise for FTBs

Almost one-quarter of all parents planning to help their children buy their first property would act as guarantors for their children in order to get them onto the housing ladder, a new survey has revealed.

16 Jul 2013

Newcastle BS reduces rates on 90% & 95% mortgages

Mortgages

Newcastle BS reduces rates on 90% & 95% mortgages

The rates on two new mortgage products aimed at first time buyers have been cut by a building society, which are available to the intermediary marketplace.

16 Jul 2013

 

Shawbrook Bank appoints TBMC as newest commercial lending partner

Shawbrook Bank appoints TBMC as newest commercial lending partner

Shawbrook Bank has increased its network of Strategic Partners for commercial lending to 28, as the innovative programme continues to be highly successful. TBMC has joined the panel for its high quality term loan applications.

16 Jul 2013

Good news for pension drawdowns as gilt yields rise

Retirement

Good news for pension drawdowns as gilt yields rise

Pension drawdown users got a boost today when the GAD drawdown yield, which is used to calculate the amount of income they can take from their pot, was confirmed at 2.75% for August income reviews.

16 Jul 2013

House purchase applications up 31% from Q1 as rates fall

Mortgages

House purchase applications up 31% from Q1 as rates fall

According to the National Mortgage Index from the Mortgage Advice Bureau, house purchase applications increased 31% between the first and second quarters of 2013 fuelled by a growing interest in the property market.

16 Jul 2013

Affordability improves as homebuyer income inches to over £40k

Mortgages

Affordability improves as homebuyer income inches to over £40k

Homebuyers’ average income crept above £40,000 in June 2013 for the first time in over four and a half years according to the National Mortgage Index from Mortgage Advice Bureau.

16 Jul 2013

5 ways to make the weekend work for you

Matt Edwards - efinity

5 ways to make the weekend work for you

I don’t know about you, but I am normally too busy during the working day to do any personal admin like sorting out finances and insurance.

16 Jul 2013

N&P cuts rates further on competitive mortgages

Mortgages

N&P cuts rates further on competitive mortgages

Norwich & Peterborough Building Society have cut rates even further on two of its low-fee, fixed rate mortgages.

15 Jul 2013

3mc reduces minimum loan amount on property funding

3mc reduces minimum loan amount on property funding

Mortgage distributor 3mc has reduced the minimum loan amount from £250,000 to £100,000 on investment property funding it has negotiated with Aldermore Commercial Mortgages.

15 Jul 2013

Annuity rates bounce back in second quarter

Retirement

Annuity rates bounce back in second quarter

The latest MGM Advantage Annuity Index reveals average annuity rates increased by 2.4% in the first quarter of the year, and overall up by 5.6% since December 2012.

15 Jul 2013

Hinckley & Rugby ups LTV on lifetime tracker to 85%

Mortgages

Hinckley & Rugby ups LTV on lifetime tracker to 85%

Hinckley & Rugby Building Society has sharpened its mortgage range with new products, rate cuts and a higher Loan to Value.

15 Jul 2013

Buyers could pay 20% less with a lower LTV mortgage, says Mortgage Brain

Mortgages

Buyers could pay 20% less with a lower LTV mortgage, says Mortgage Brain

Product data analysis from mortgage technology solutions provider Mortgage Brain is being used to show the true cost of mortgages and reveals that potential borrowers face significant rate and cost differences between LTV ratios.

15 Jul 2013

Paradigm adds Blacks Connect to conveyancing panel

Legal

Paradigm adds Blacks Connect to conveyancing panel

Paradigm Mortgage Services, the mortgage services proposition, has today announced the addition of Blacks Connect to its conveyancing panel.

15 Jul 2013

Specialist distributors get better completion results, says SMS

Specialist distributors get better completion results, says SMS

Solent Mortgage Services believes that brokers using their services to access specialist lenders have a much better chance of successful lending outcomes for their clients.

15 Jul 2013

Nick Jones, National Sales Manager at Blemain Group

In The Spotlight

Nick Jones, National Sales Manager at Blemain Group

This week Financial Reporter had a chat with Nick Jones, National Sales Manager at Blemain Group, about secured loans, the buy-to-let market and the challenges facing brokers.

12 Jul 2013

Industry reaction to latest CML data

Mortgages

Industry reaction to latest CML data

There has been positive reaction from the housing industry following the release of data from the Regulated Mortgage Survey published today by the CML

12 Jul 2013

Coventry Intermediaries launch new range up to 90% LTV

Mortgages

Coventry Intermediaries launch new range up to 90% LTV

Coventry Intermediaries has launched a highly competitive range including 2 and 5 year fixed residential and offset products

12 Jul 2013

13,000 FTBs to have Stamp Duty paid by Halifax

Mortgages

13,000 FTBs to have Stamp Duty paid by Halifax

Over 13,000 first time buyers will get their Stamp Duty paid by Halifax as a result of the lender's most recent efforts to help people onto the ladder.

12 Jul 2013

42% more first-time buyers in May than a year ago

Mortgages

42% more first-time buyers in May than a year ago

Lending to FTBs, home movers and remortgagers all increased in May, with a particularly marked increase in lending to FTBs, shows the latest Regulated Mortgage Survey data published today by the CML.

12 Jul 2013

High LTV lending hits highest level since Sept 2008

Mortgages

High LTV lending hits highest level since Sept 2008

House purchase lending to high LTV borrowers hit a four and a half year high in June, according to the latest Mortgage Monitor from e.surv, the UK’s largest chartered surveyor.

12 Jul 2013

Latest Money Careers

Popular this week