Latest News

Keystone BTL reduces rates for limited companies

Keystone BTL reduces rates for limited companies

Keystone Buy to Let Mortgages has reduced its rates for limited company applications for the second time in just two months.

25 Jun 2014

LifeSearch broadens over-50s cover

Protection

LifeSearch broadens over-50s cover

LifeSearch has added Engage Mutual’s over 50 life cover to its product portfolio in a move to offer customers a more comprehensive and competitive service.

24 Jun 2014

Dudley Building Society triples profit

Latest News

Dudley Building Society triples profit

Dudley Building Society has announced a tripling of pre tax profit to £556,000 for 2013/4.

24 Jun 2014

Misleading ads undermine bridging professionalism, says Fincorp

Misleading ads undermine bridging professionalism, says Fincorp

Some bridging lenders are deliberately luring borrowers into low monthly interest rate loans that end up costing them thousands more than they anticipated when fees are slapped on top, Fincorp has claimed.

24 Jun 2014

BoE's Carney cools off on rate rise talk

Latest News

BoE's Carney cools off on rate rise talk

Unexpected spare capacity in the UK labour market is likely to absorbed before any future rate rise, Bank of England governor Mark Carney suggested in a speech this morning.

24 Jun 2014

Skipton lowers rates on 2, 3 and 5-year products

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Skipton lowers rates on 2, 3 and 5-year products

Skipton Building Society today announces that it is reducing rates to all 2, 3 and 5 year residential fixed rate mortgages up to 80% LTV and introducing new 2, 3 and 5 year products to 60% LTV to create more choice for customers.

24 Jun 2014

Mortgage borrrowing up 26% in May: BBA

Mortgages

Mortgage borrrowing up 26% in May: BBA

Gross mortgage borrowing of £11.1bn was 26% higher than in May last year, according to the BBA Monthly Statistics release out today.

24 Jun 2014

UTB launches refurb bridging product at 0.95% a month

UTB launches refurb bridging product at 0.95% a month

United Trust Bank has today launched its new short term refurbishment product aimed at experienced property refurbishers and developers.

24 Jun 2014

Masthaven completes £1.6m deal with First4Bridging

Masthaven completes £1.6m deal with First4Bridging

Masthaven and First4Bridging have teamed up to secure a £1.6 million bridging loan, enabling a repeat client to secure their dream home after being constantly gazumped.

24 Jun 2014

Remortgage drop of 17% indicates cooling market

Mortgages

Remortgage drop of 17% indicates cooling market

LMS figures reveal that monthly gross remortgage lending saw a monthly drop of 17% to £3.3bn, down from the £4bn in April reported by the Council for Mortgage Lenders last week.

24 Jun 2014

 

Retirees most likely to invest in NISA under new rules

Retirement

Retirees most likely to invest in NISA under new rules

Changes announced in the recent budget mean from April 2015 retirees can release up to 100% of their pension savings as cash in one lump sum.

23 Jun 2014

L&G Mortgage Club applications continue to rise post-MMR

Mortgages

L&G Mortgage Club applications continue to rise post-MMR

Legal & General Mortgage Club has reported no adverse impact from the implementation of the Mortgage Market Review with applications and completions continuing to rise.

23 Jun 2014

Leeds BS intermediary team gains new member

Latest News

Leeds BS intermediary team gains new member

Parveen Kumari has re-joined Leeds Building Society’s intermediary mortgage team as Corporate Account Manager, as the Society continues to grow its market share of lending through intermediaries.

23 Jun 2014

Montello surges through £250m a year lending mark

Montello surges through £250m a year lending mark

London-based real estate lender, Montello Finance, have surged through the £250m a year threshold claiming it is now one of the most active bridging lenders in the UK.

23 Jun 2014

Invesco Perpetual joins Panacea Adviser community

Latest News

Invesco Perpetual joins Panacea Adviser community

Panacea Adviser, the online community and resource for financial advisers, has announced Invesco Perpetual has joined its growing community of partner provider firms.

23 Jun 2014

Lenders expect approvals to dip in Q3: BoE

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Lenders expect approvals to dip in Q3: BoE

Demand for secured lending for house purchase was reported to have increased significantly in 2014 Q2, according to the Bank of England Credit Conditions Survey.

23 Jun 2014

Mortgagors could be badly affected by ‘increasingly likely’ BoE intervention

Mortgages

Mortgagors could be badly affected by ‘increasingly likely’ BoE intervention

Today, Springtide Capital has warned that if the BoE were to increase the required capital reserves for lenders in an attempt to address housing market risks, it could cost the average homeowner hundreds of pounds on their mortgage payments.

23 Jun 2014

Annuities should be 'bespoke', says MGM Advantage

Retirement

Annuities should be 'bespoke', says MGM Advantage

MGM Advantage is calling on the industry to follow its lead in ensuring all annuities reflect personal circumstances and should be individually underwritten.

23 Jun 2014

BTL investors expect retirement boost from portfolios

Retirement

BTL investors expect retirement boost from portfolios

Buy-to-let investors expect income from their rental properties to bolster their annual retirement income by nearly £20,000 (£19,785), according to Platinum Property Partners.

23 Jun 2014

IBB appoints new CEO and director

Latest News

IBB appoints new CEO and director

Islamic Bank of Britain, the UK’s only wholly Sharia compliant retail bank, today announced that it has appointed Sultan Choudhury as Chief Executive Officer and Director.

23 Jun 2014

GI portal launched by SimplyBiz

Protection

GI portal launched by SimplyBiz

SimplyBiz Mortgages has this week announced the launch of a new general insurance quotation and sourcing portal, Genius.

23 Jun 2014

Stuart Wilson, Managing Partner, Later Life Academy

In The Spotlight

Stuart Wilson, Managing Partner, Later Life Academy

We spoke to Stuart Wilson, Managing Partner at Later Life Academy about later life advice and the equity release market.

20 Jun 2014

CLC appoints three new Council Members

Legal

CLC appoints three new Council Members

The CLC, the specialist property law regulator, today announced the appointment of three new Council Members.

20 Jun 2014

Sourcing systems - removing the mystery from secured loans

Sourcing systems - removing the mystery from secured loans

[SPECIAL FEATURE: Tom Garratt, Head of Intermediary Channel, The Loans Engine]

20 Jun 2014

Virgin launches new fixed rate ISA range

Virgin launches new fixed rate ISA range

Virgin Money is today launching a new range of savings accounts and is increasing interest rates on both ISA and non-ISA accounts.

20 Jun 2014

NACFB launches compliance services

NACFB launches compliance services

The NACFB has today launched NACFB Compliance Services to its 1200 member brokers.

20 Jun 2014

The Lending Wizard adds Precise to panel

The Lending Wizard adds Precise to panel

The Lending Wizard, the loan sourcing tool for brokers from Freedom Finance, today reveals that it has signed Precise Mortgages to its panel of second charge lenders.

20 Jun 2014

Magellan to provide credit repair products to TurnKey Mortgages

Mortgages

Magellan to provide credit repair products to TurnKey Mortgages

Magellan Homeloans, the specialist credit repair lender, has been appointed by TurnKey Mortgages to provide support to clients who have historical adverse credit records and are therefore unable to access mainstream mortgage products.

20 Jun 2014

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