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BREAKING NEWS

LendInvest Rebrands

LendInvest has rebranded with a new logo and redesigned website tailored for intermediaries.

Hinckley & Rugby cuts high LTV fixes

Hinckley & Rugby Building Society has cut its 2-year fixes from 4.59% to 4.29% to 95% LTV and from 3.14% to 2.95% to 90% LTV.

ASTL elects executive committee

The Association of Short Term Lenders has elected a new executive committee with representatives from Central Bridging, Amicus, Masthaven, Hope Capital and Roma Finance.

 


More News

Frank Eve Blog David Gilman Blog Inblognito Tim Wheeldon Hugh Wade Jones David Gilman Kevin Paterson Blog Tony Ward Blog Brian Murphy Blog John Phillips Blog Brian Murphy Christian Faes

Fleet launches low completion fee products

Fleet Mortgages has launched two products to 75% loan-to-value for sub-£150,000 loans with a lower completion fee.

ASTL elects executive committee

The Association of Short Term Lenders has elected a new executive committee with representatives from Central Bridging, Amicus, Masthaven, Hope Capital and Roma Finance.

Hinckley & Rugby cuts high LTV fixes

Hinckley & Rugby Building Society has cut its 2-year fixes from 4.59% to 4.29% to 95% LTV and from 3.14% to 2.95% to 90% LTV.

TFC and Mortgageforce partner up

TFC Homeloans has partnered up with national brokerage Mortgageforce to enable its members to access specialist funding solutions.

LendInvest Rebrands

LendInvest has rebranded with a new logo and redesigned website tailored for intermediaries.

Today is the best time to sell

Today’s date is the best time to sell homes all year based on a range of factors including the average time to sell and the weather, online estate agent eMoov.co.uk has claimed.

Leeds launches 5-year fixed rate

Leeds Building Society has launched a 5-year fixed rate at 3.34% to 85% loan-to-value with no product fee.

Bank of Ireland partners with Sesame

Bank of Ireland for Intermediaries has partnered with Sesame Network as it rolls out its proposition to the UK intermediary mortgage market.

Buy-to-let relief cut could be a stepping stone

The government’s changes to high rate buy-to-let tax relief could be a stepping stone to a wider crackdown in the years ahead, Chase de Vere’s head of communications Patrick Connolly has warned.

Parents cheat school catchment system

Parents are moving into school catchment areas temporarily before moving out again once their child’s school place is secured, research from Santander Mortgages suggests.

Firms need longer-term funding support

The government should incentivise long-term funding for medium sized businesses to boost economic growth, a joint report from the Confederation of British Industry (CPI) and accounting company BDO International concludes.

BoE: Mortgage approvals hit post-MMR high

Mortgage approvals reached a post-Mortgage Mortgage Market Review high in July as the market continued to stabilise after the general election and rates remained low, statistics released by Bank of England revealed today.

Dudley: Bring us your rejected cases

Dudley Building Society has challenged brokers to send in turned down or challenging residential enquiries.

i2i becomes Stonebridge AR

Darlington-based i2i Financial Planning Group has joined the mortgage and insurance network Stonebridge Group as an appointed representative firm.

Boost Capital appoints UK MD

Boost Capital, the alternative SME lender, has appointed Alexander Littner as its UK managing director.

Keystone launches into bridging

Keystone has launched into bridging with a selection of loans aimed at landlords looking to finance auction purchases, refinances and refurbishment projects.

Accord launches fee free rates

Accord Mortgages has launched a range of buy-to-let mortgages with no product fee between 60% and 75% loan-to-value.

Broker flexibility helps them steal market share

The fact that brokers are flexible about how and when they deal with clients is helping them swipe mortgage distribution away from bank branches, MAB's Brian Murphy has suggested.

Broker flexibility helps them steal market share

The fact that brokers are flexible about how and when they deal with clients is helping them swipe mortgage distribution away from bank branches, MAB's Brian Murphy has suggested.

HMO landlords can laugh off 3pc rate rise

HMO buy-to-lets would still be profitable with a 3% interest rate rise unlike standard buy-to-lets, analysis from Platinum Property Partners suggests.

East of England leads price growth

House prices rose by 4.6% annually to July 2015 led by an 8.9% increase in the East of England, Land Registry data has revealed.

Remortgage loan values reach record high

Typical remortgage loans reached a record high of £170,000 in July as homeowners cashed in on rising property prices, the Mortgage Advice Bureau’s National Mortgage Index has revealed.

Equity Release Club hosts roadshows with LLA

The Equity Release Club is hosting a selection of autumn roadshows designed to support advisers looking to advise on later life products sponsored by the Later Life Academy.

Nationwide complaints fall by a third

Complaints against Nationwide Building Society have fallen by a third (35%) since last year led by a drop in payment protection insurance cases, the society has announced.

FEATURED ARTICLES

Buying business premises

Did your business begin at the kitchen table? Have you outgrown the spare room or shared office space?

Help! Get these hazards out of my home

Does your toaster fail to pop up? Do you have a kettle that won't boil? Or does your vacuum leave more dust than it picks up?


Buy-To-Let

Bob Young

Buy-to-Let Club announces broker events

Specialist mortgage club The Buy-to-Let Club is to hold four buy-to-let events this Autumn to give brokers the knowledge to drive more and better business.

RLA warns against councils blocking new homes

The Residential Landlords Association has urged local councils not to roadblock developers seeking to convert empty office space into residential homes.

Rental property supply rises

The number of available private rented properties rose in July, according to the Association of Residential Letting Agents.

SPECIAL FEATURE: Landlord power

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Fiona Heald, head of court of protection at Moore Blatch, explains why landlords need lasting powers of attorney.


Bridging and Commercial

Alternative Bridging hires northern BDM

Alternative Bridging has appointed Sahail Akram as business development manager covering the Midlands and North of England.

Record loan for Positive Lending and InterBay

Bournemouth-based specialist packager Positive Lending today announced the completion of a record £11.7m commercial loan with InterBay – the largest commercial loan completed so far this year for both parties.

Masthaven in recruitment drive

Masthaven Finance, the specialist bridging and second charge lender, is on a recruitment drive to increase its head office underwriting and administration teams.

Countrywide fund completes rental investment

Vista residential property fund, the joint venture between Countrywide and Hermes Investment Management, has completed a £50m investment in 324 flats in Liverpool.


Equity Release

Tim Wheeldon Blog

Half a million to use pension to repay mortgage

Just over half a million people in the UK intend to use all or part of their pension to help repay their mortgage balance, reveals new research from specialist insurer Partnership.

more 2 life enhances choice

Breaking News

more 2 life is expanding choice and flexibility for equity release customers and advisers with the Tailored Choice Plan providing personalised plans and rates.

SPECIAL FEATURE: The path to a good life

Stuart Wilson, marketing director at more 2 life, says more people will come to realise that their home can provide a significant boost to their retirement finances.

Home should be part of retirement mix

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Three quarters of advisers think that more retirees should consider their property as part of their asset mix when looking at funding their retirement.


Protection

Geoff Hall Mark Jones

Canada Life re-enters life market

Canada Life, which exited the intermediated individual life market nine years ago, has re-entered with four plans using the CanLife Protect brand name.

L&G paid over £160m in GI claims in 2014

Legal & General

Legal & General paid over £160m in general insurance claims in 2014 – with figures showing that the insurer made over 80,000 claims payments to customers who registered a household insurance or lifestyle cover claim last year.

Four in ten parents of under-18s have no life insurance

Research from Sainsbury’s Bank Life Insurance provided by Legal & General reveals that four in ten (40%) parents with children under the age of 18 do not have any life insurance in place.

F&TRC launch life insurance ratings

F&TRC has launched a product ratings service to help advisers and employers understand which providers are offering the most suitable and comprehensive protection recommendations for their clients.


Industry

Christian Faes Blog

Buying business premises

Someone working on a laptop

Did your business begin at the kitchen table? Have you outgrown the spare room or shared office space?

Today is the best time to sell

Today’s date is the best time to sell homes all year based on a range of factors including the average time to sell and the weather, online estate agent eMoov.co.uk has claimed.

Help! Get these hazards out of my home

Does your toaster fail to pop up? Do you have a kettle that won't boil? Or does your vacuum leave more dust than it picks up?

Parents cheat school catchment system

Santander

Parents are moving into school catchment areas temporarily before moving out again once their child’s school place is secured, research from Santander Mortgages suggests.