Saturday Saturday, January 31, 2015 | RSS Feed

BREAKING NEWS

Keystone welcomes first-time landlords

Keystone is accepting first-time landlords including those in Scotland as it makes multiple changes to its lending criteria.

Virgin unveils 2-year fixes

Virgin Money has launched a range of 2-year fixes – offering a 65% LTV product at 1.59% with a £995 fee for intermediaries registered with a Virgin national account.

Millions of UK mortgage-holders financially vulnerable

Some 52% of UK mortgage-holders who earn an income don’t have a plan in place to cover repayments if they fall too ill to earn for three months or more, research from Royal London revealed.

 


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

Keystone welcomes first-time landlords

Keystone is accepting first-time landlords including those in Scotland as it makes multiple changes to its lending criteria.

Virgin unveils 2-year fixes

Virgin Money has launched a range of 2-year fixes – offering a 65% LTV product at 1.59% with a £995 fee for intermediaries registered with a Virgin national account.

Dip in FTB demand slows completions

Slowing first-time buyer demand has pushed the number of completions down, the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains revealed.

Millions of UK mortgage-holders financially vulnerable

Some 52% of UK mortgage-holders who earn an income don’t have a plan in place to cover repayments if they fall too ill to earn for three months or more, research from Royal London revealed.

Housing ties with healthcare is biggest election concern

Housing and healthcare are the two biggest concerns for both tenants and first-time buyers in the run-up to the General Election in May, the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains has found.

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).

Fleet completes first loan

New buy-to-let and specialist lender Fleet Mortgages has completed on its first loan just four months after plans for the new business were revealed.

Openwork refreshes panel

Openwork has refreshed its mortgage panel following a major re-tendering exercise.

10pc of Scots spend half of income on home

Some 10% of Scots who own or rent a property are spending 50% or more of their take-home income on keeping a roof above their head, research from Debt Advisory Centre Scotland has found.

House prices closing in on 2007 peak

House prices in England and Wales now stand just £3,000 short of the peak level seen in November 2007, data from the Land Registry has revealed.

Molyneux moves up at Masthaven

Specialist short-term and second charge lender has promoted Neil Molyneux to the newly created post of head of sales and marketing.

TBMC and Hanley launch exclusives

TBMC launches new buy-to-let exclusives with the Hanley Economic Building Society

SPECIAL FEATURE: Worries over pension pot debtors

Steve Rees, director of debt solutions company Vincent Bond & Co, warns new pension rules may mean creditors could force many to use their pension pot to pay off debts.

SPECIAL FEATURE: A year to look forward to

Jeremy Duncombe, director, Legal & General Mortgage Club, offers predictions for the mortgage market in 2015.

Clydesdale increases proc fees

Clydesdale Bank has increased its procuration fees to 0.40% for networks and 0.38% for Directly Authorised firms.

LendInvest smashes £200m mark

LendInvest, the peer-to-peer lender, has now lent more than £200m to British businesses and property entrepreneurs - something that took Lending Club in the US over four and a half years to do and took Zopa in the UK seven years, writes...

CA looks to identify home-buying obstacles

The Conveyancing Association is set to survey its members as it looks to identify the key obstacles currently hindering the home-buying process.

High-end properties boost in Q4

The final quarter of 2014 saw a significant (56.8%) increase in the number of homes worth over £500k appearing on the market for sale, the latest Experian Property Index has revealed.

CA looks to identify home-buying obstacles

The Conveyancing Association is set to survey its members as it looks to identify the key obstacles currently hindering the home-buying process.

High-end properties boost in Q4

The final quarter of 2014 saw a significant (56.8%) increase in the number of homes worth over £500k appearing on the market for sale, the latest Experian Property Index has revealed.

Eurozone recession and election woes for brokers

Brokers reckon a Eurozone recession and a change of government in Westminster are the biggest threats to the UK’s economic recovery, research from United Trust Bank reveals.

PTFS link up with Twenty7Tec

Personal Touch Financial Services has become the latest firm to sign up for product sourcing system MortgageSource from Twenty7Tec.

Jo Tuson joins V Loans

V Loans, the specialist secured lending arm of KR Group, has appointed Jo Tuson as a case manager.

L&G Mortgage Club TV launches

Legal & General Mortgage Club has launched a new online TV channel, Mortgage Club TV.

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

Fleet completes first loan

New buy-to-let and specialist lender Fleet Mortgages has completed on its first loan just four months after plans for the new business were revealed.

Landlords claim lack of bank support

PICT1076.jpg

Over three quarters of landlords don’t feel that banks are enough to support buy-to-let landlords, new research from PropertyLetByUs has found.

Personal income boost for buy-to-let affordability

Barclays

Barclays will now allow personal income to be accepted when assessing buy-to-let affordability.

Coventry joins Buy to Let Club panel

The Coventry

Coventry Intermediaries has become the latest addition to the Buy to Let Club’s panel.


Bridging and Commercial

Jo Tuson joins V Loans

V Loans, the specialist secured lending arm of KR Group, has appointed Jo Tuson as a case manager.

Eurozone recession and election woes for brokers

Flag of Europe

Brokers reckon a Eurozone recession and a change of government in Westminster are the biggest threats to the UK’s economic recovery, research from United Trust Bank reveals.

Fincorp launch fee free refurb loan

PICT1131.jpg

Fincorp has launched a pair of fees or no fees refurbishment loans as it looks to “give customers the choice" when it comes to fees.

Wigley joins dragonfly as credit manager

Dragonfly

Short and medium-term lender Dragonfly Property Finance has appointed Cattrina Wigley as its new credit manager.


Equity Release

Tim Wheeldon Blog

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.

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.

Key Retirement rebrands

Key Retirement Solutions is rebranding as Key Retirement with two distribution divisions focusing on retirement lending and wealth and retirement options.


Protection

Geoff Hall Mark Jones

Uinsure and LMPS link up for GI

Uinsure has been named as the preferred GI provider for Lighthouse Mortgage & Protection Solutions advisers.

iPipeline unveils Solution Builder

Openwork advisers will be able to help customers purchase multiple forms of protection after iPipeline partnered with the network to launch "Solution Builder".

Paymentshield launch home emergency discount

PICT0877.jpg

Paymentshield is offering a 50% discount on its home emergency cover which can be purchased as part of its home insurance product.

Uinsure and Julian Harris partner on GI

Julian Harris has appointed Uinsure as a preferred provider of GI services to its members.


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?

Housing ties with healthcare is biggest election concern

Housing and healthcare are the two biggest concerns for both tenants and first-time buyers in the run-up to the General Election in May, the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains has found.

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?

Dip in FTB demand slows completions

Slowing first-time buyer demand has pushed the number of completions down, the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains revealed.