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BREAKING NEWS

It's time to use public land

CML

To radically increase housing supply the UK must utilise public land, economist Dame Kate Barker has said at the Council of Mortgage Lenders Annual Lunch in London.

Connells chief Stuart Flavell retires

Connells chief executive Stuart Flavell has retired after spending the whole of his 38-year career with the company.

Halifax unveils 2-year fix

Halifax

Halifax Intermediaries has launched a 90% LTV 2-year fixed rate product for homemovers at 4.14% with a £1,499 fee and 4.29% with a £999 fee.

 


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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

Connells chief Stuart Flavell retires

Connells chief executive Stuart Flavell has retired after spending the whole of his 38-year career with the company.

It's time to use public land

To radically increase housing supply the UK must utilise public land, economist Dame Kate Barker has said at the Council of Mortgage Lenders Annual Lunch in London.

Paradigm hosts Sheffield event

Paradigm Mortgage Services is hosting its own half-day mortgage and protection event in Sheffield designed to help advisers up their business levels.

Desperate Brits relying on debt

Two thirds (66%) of Brits are currently struggling with unsecured borrowing and a further quarter (25%) expect to take on more debt to cope this year, research from MoneySuperMarket has found.

Lloyds Bank cuts high LTV rates

Lloyds Bank has cut rates on its 90% LTV 2 and 5-year fixes by 0.30%.

TSB unveils 3-year fixed range

TSB has launched a range of 3-year fixed rate products – including a 60% LTV deal at 1.99% with a £995 fee.

Halifax unveils 2-year fix

Halifax Intermediaries has launched a 90% LTV 2-year fixed rate product for homemovers at 4.14% with a £1,499 fee and 4.29% with a £999 fee.

Hometrack signs 3-year deal with Virgin Money

Hometrack has been appointed as Virgin Money’s valuation service provider for the next three years.

Cost of moving up 60pc in a decade

The cost of moving home has increased by 60% in a decade to nearly £12,000 once estate agency fees and conveyancing costs are taken into account.

March housing growth at 16-month low

Annual house price growth hit a 16-month low of 5.6% in March driven by a slowdown in the South, the LSL England and Wales House Price Index has revealed.

RICS: Market flatlines in March

Buyer enquiries and house sales were static in March due to the uncertainty surrounding the result of the general election, the RICS UK Residential Market Survey has revealed.

TSB trims rates

TSB has cut its mortgage rates across its range of 2-year and 5-year deals – offering a fee free -year remortgage fix at 1.89% to 60% LTV.

DM Hall expands team

Scotland-based DM Hall Chartered Surveyors has appointed a new director, four associates from within the business and hired two more surveyors.

Half of over-40s consider buy-to-let

Nearly half (45%) of over-40s are considering investing in buy-to-let to boost their retirement income.

FCA to ban insurance broker

The Financial Conduct Authority has been given the green light to ban former insurance broker Stephen Robert Allen from conducting regulated activities.

Virgin Money joins MCI Mortgage Club panel

Virgin Money has been added to the MCI Mortgage Club panel where it will join Nationwide, Coventry Building Society, NatWest and Lloyds Banking Group.

Masthaven revamps range

Masthaven Finance has revamped its product range and lowered its minimum loan size from £50,000 to £30,000 as it looks to bring innovation to the market.

Impending election keeps first-time buyers away

Cautious first-time buyers stayed away from the market in March in response to the impending general election in May, e.surv’s latest Mortgage Monitor has revealed.

Masthaven revamps range

Masthaven Finance has revamped its product range and lowered its minimum loan size from £50,000 to £30,000 as it looks to bring innovation to the market.

MBE Leeds stands sell out

All of the exhibitor stands at next week’s Mortgage Business Expo Leeds have sold out.

Brokers Promised personal underwriter

Promise Solutions has launched Active Manager – where brokers are allocated a personal underwriter to oversee the case behind the scenes.

Holloway Friendly launches breast cancer app

Holloway Friendly and ifapps have launched a critical illness breast cancer support policy for both Apple and Android devices.

Stonebridge launches marketing tool

Stonebridge Group has unveiled Revolution Touchpoint – a tool enabling firms to easily generate their own marketing material using templates.

The Mansfield launches fixes

The Mansfield Building Society has launched two 80% LTV 2-year fixed rated products for house purchase and remortgage.

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 returns beat all asset classes

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A comparative analysis of returns for buy-to-let and other major asset classes since 1996 shows buy-to-let was the best investment, returning just under 1,400%.

Generation Rent 2015: Don’t stop believing

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In 2014 the number of first-time buyers rose to its highest level for seven years.

Complete FS welcomes Axis Bank launch

Complete FS, the specialist packager, is looking forward to a long association with Axis Bank UK, the new buy-to-let lender which has just launched.

Countrywide’s top achievers recognised

Over 400 of the UK's best estate and lettings agents, mortgage consultants and land and new homes operators celebrated their success at the prestigious annual Chairman's League Awards held in March.


Bridging and Commercial

Bridging reached £80.5m in Q1

Gross bridging lending reached £80.5m in the first quarter of 2015 with an average term of 11 months, average LTV of 50% and an average interest rate of 0.95%, the first Bridging Trends set of data reveals today, writes Robyn...

Manchester bridging lender joins the AOBP

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Affirmative Finance is the latest bridging lender to join The Association of Bridging Professionals.

NACFB expo sells out

All exhibitor stands are now sold out for the 6th NACFB’s annual Commercial Finance Expo on 17th June.

FLA launches its 2015 manifesto

The Finance and Leasing Association has today published its Manifesto 2015, proposing measures in five key areas which any new Government could adopt to boost UK growth, productivity and jobs.


Equity Release

Tim Wheeldon Blog

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.

PFS 2014: Advisers urged to offer equity release

Advisers have been told that offering equity release is a no brainer by a panel of industry leaders at the Personal Finance Society National Conference.

Pure cuts drawdown rates

Pure Retirement has reduced the interest rate on the ‘Pure Drawdown Plan’ has been reduced by 0.43% to 6.59% monthly (6.79% annual).

StepChange links up with Magellan

StepChange Financial Solutions has been appointed by Magellan Homeloans to advise clients about its specialist range of credit repair mortgages.


Protection

Geoff Hall Mark Jones

John Bridge to retire from Cirencester Friendly

John Bridge, sales and marketing director of Cirencester Friendly, has made the decision to retire from the business following a short period of illness.

Homeowners warned not to ignore insurance

Lack of insurance is the latest threat to already-stretched UK homeowners, PG Mutual has warned.

Health practitioner 5th recipient of Seven Families

Until last summer Graeme Snell was a fit and healthy Hartlepool United fan. He worked full time as an advanced health and wellbeing practitioner and described himself as being very fit.

Friends Life makes CIC improvements

Friends Life has improvements to its CIC product with a clear focus on continuing to offer top of the market cover, writes Alan Lakey, director, CIExpert.


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?

March housing growth at 16-month low

Annual house price growth hit a 16-month low of 5.6% in March driven by a slowdown in the South, the LSL England and Wales House Price Index has revealed.

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?

Cost of moving up 60pc in a decade

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The cost of moving home has increased by 60% in a decade to nearly £12,000 once estate agency fees and conveyancing costs are taken into account.