first direct cuts fixed rates by up to 0.51%

house scissors

July 22, 2016

Other 2-year fixes stand at 1.29% to 75% loan-to-value and 1.48% to 80% LTV with a £1,450 fee, although the lender is also offering fee free rates at 1.74% to 60% LTV, 1.89% to 75% LTV and 1.95% to 80% LTV.

HSBC expands mortgage distribution

handshake appointment meeting

July 22, 2016

The firms will have access to HSBC’s full range of residential mortgages such as its 10-year fixed rate mortgage at 2.79%, its 5-year fix at 1.99% and 2-year fix at 0.99%.

Yorkshire BS ups mortgage balances but core profit falls by 46%

cash money pound notes £10 £5 £20

July 22, 2016

Mortgage balances reached £34bn in H1 2016, up from £33.3bn in H2 2015, while statuary profit before tax stood at £99.9m, down from £111.2m in H1 2015.

Two in five remortgagors consulted advisers ahead of Brexit vote in June

row of houses street

July 22, 2016

Business is maintaining traction, with minimal transactions falling through

Show more…

Brexit recruitment boost for Bridgebank Capital

london birdseye2

July 22, 2016

Lender recruiting as enquiries soar

TSB reduces buy-to-let rates

row of houses2

July 22, 2016

The lender’s 3-year fixes include a rate of 2.39% to 60% LTV and 2.89% to 75% LTV with a £1,995 fee, while with no fee they stand at 2.89% to 60% LTV and 3.39% to 75% LTV.

FCA takes action against five GI networks for “significant shortcomings”

FCA financial conduct authority

July 22, 2016

The regulator, which scrutinized 15 AR principals, said over half failed to demonstrate that they could effectively risk manage and control the activities of their AR firms.

Commercial Trust adds Axis Bank to panel

House prices graph

July 22, 2016

Launched in April 2014, Commercial Trust is already one of the largest commercial finance brokers in the UK.

Show more…


Steve Harkness

Steve Harness

Time to look at seconds fees

The answer has to be that we grasp the nettle, and change our fee structure.

alice watson

Alice Watson

FCA paves way for equity release innovation

What’s required now is further proactivity on the part of regulators to create the necessary space for provider innovation and customer accessibility.

Jonathan Sealey hope capital bridging

Jonathan Sealey

What now for the bridging market?

The appearance of ‘business as usual’ could well help it to become a self-fulfilling prophesy

Show more…

Tony Ward large

Tony Ward

Interest Rates revisited

The Bank has only half a percentage point – or as I put it in a previous blog, ‘two bullets left in the gun – with which to play. Will a rate cut in isolation make such a difference?

john phillips

John Phillips

A boost for the remortgage market

We may well see the number of remortgages rise.

Show more…