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BREAKING NEWS

Industry mourns passing of Sidney Cohen

The short term finance industry was in mourning today after bridging industry grandee Sidney Cohen sadly passed away.

Martin & Co acquires L&G estate agencies

Legal & General

Martin & Co has acquired all of Legal & General’s UK estate agencies in a £5m plus deal.

BM cuts B2L transfer rates

BM Solutions

BM Solutions is reducing its rates by up to 0.30% across its buy-to-let mortgage product transfer range.

 


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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

Industry mourns passing of Sidney Cohen

The short term finance industry was in mourning today after bridging industry grandee Sidney Cohen sadly passed away.

Martin & Co acquires L&G estate agencies

Martin & Co has acquired all of Legal & General’s UK estate agencies in a £5m plus deal.

Aegon UK joins Seven Families

Aegon UK has become the latest provider to pledge its support to the Seven Families income protection campaign.

BM cuts B2L transfer rates

BM Solutions is reducing its rates by up to 0.30% across its buy-to-let mortgage product transfer range.

Further 30 surveyors graduate Countrywide trainee scheme

Countrywide Surveying Services has seen a further 30 surveyors graduate its trainee surveyor programme as Associate members of the Royal Institution of Chartered Surveyors.

Average asking prices stabilise

The property market stabilised in Q3 2014 as the average asking price in Britain rose by just 0.85%, research from Move with Us has revealed.

Million pound plus sales at record high

The number of property sold for least £1m is at a record high, research from Lloyds Bank has shown.

High earners fuelling mortgage market

Consumer appetite for mortgage finance is increasingly coming from higher earners under the new MMR affordability rules, the Q3 2014 Mortgage Search Tracker from Mortgage Advice Bureau has found.

Bridging brokers want certainty

Low rates and low fees are only "part of the mix" for brokers looking for a bridging loan for clients, was the consensus amongst brokers at a recent broker day held by bridging lender Fincorp.

Treasury to consult on B2L regulation

The government wants more evidence before deciding on a Bank of England request to regulate lending to landlords.

Sesame fined £1.6m by FCA

Sesame has been fined £1,598,000 by the FCA for setting up a 'pay-to-play' scheme which the regulator claims effectively undermined the ban on commission payments brought in by the RDR.

Countrywide reports record business levels

Countrywide has reported record business levels despite the recent slowdown in the housing market.

House prices up but market slows

House prices increase by 0.5% in October but the annual rate of growth continues to slow, the latest Nationwide House Price Index has revealed.

Smart Money bolsters sales support

Second charge specialist packager Smart Money has bolstered its internal sales team with the addition of Katy Leman to its underwriting department.

Cirencester’s My Earnings Insurance added to The Exchange

Cirencester Friendly’s new income protection contract, My Earnings Insurance, has been added to IRESS’ The Exchange.

Number of house hunters at 10 year high

House hunters are currently out in force with the number of people looking for a property hitting a 10 year high in September.

Coventry launches new resi range

Coventry Building Society has launched a new residential range with rates starting from 1.79% at 65% loan to value.

Rob Holt promoted at Shawbrook

Shawbrook Bank’s Rob Holt has been promoted to sales executive within the Commercial Division’s internal Sales Desk.

Rob Holt promoted at Shawbrook

Shawbrook Bank’s Rob Holt has been promoted to sales executive within the Commercial Division’s internal Sales Desk.

One in seven believe home is haunted

One in seven people in the UK believe that their home is haunted, a recent survey from Ocean Finance has found.

No need to hit London panic button

Despite fears of London slowdown there is no need to “hit the panic button”, online estate agent emoov has said.

Worst performing areas see 7pc house price drop

Property prices in some of the worst performing areas are falling by more than 7% per year, research by Home.co.uk has found.

West One: Alternative finance can sustain the recovery

Alternative finance can sustain the economic recovery better than the ‘battered high street’, Stephen Wasserman, director of lender West One Loans, has declared.

Funding Circle to hold autumn seminars

Funding Circle has launched a series of autumn seminars for introducers across November and early December.

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

BM cuts B2L transfer rates

BM Solutions

BM Solutions is reducing its rates by up to 0.30% across its buy-to-let mortgage product transfer range.

Don’t blame buy-to-let for housing crisis

PICT0901.jpg

Two buy-to-let heavyweights have defended the sector after GoCompare research revealed that 14% of adults blame buy-to-let landlords for the lack of affordable housing in the UK, writes Ryan Bembridge.

SPECIAL FEATURE: Property is not a ‘get rich quick’ scheme

Derek Bradley, CEO of Panacea Adviser, looks at the buy-to-let market and what it requires to be successful.

Industry backs Rent to Buy

Industry backs rent to buy

The government’s Rent to Buy scheme has received backing from housing professionals although several noted there may be ‘devil in the detail’ when it comes to the scheme’s implementation, writes Ryan Bembridge.


Bridging and Commercial

Smart Money bolsters sales support

Second charge specialist packager Smart Money has bolstered its internal sales team with the addition of Katy Leman to its underwriting department.

SPECIAL FEATURE: Bridging a more professional state of affairs

FCA logo

Matthew Anderson, director of Fincorp, says that there is no room for complacency when it comes to regulation of the bridging sector.

Rob Holt promoted at Shawbrook

Shawbrook Bank’s Rob Holt has been promoted to sales executive within the Commercial Division’s internal Sales Desk.

Vantage completes cycle challenge

Vantage Finance has completed a 10-day cycle challenge to raise £3,100 for The Brain Tumour Charity.


Equity Release

Tim Wheeldon Blog

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.

Bower Retirement Services to double adviser numbers

Business is booming at Bower

National equity release adviser firm Bower Retirement Services is looking to boost its face to face adviser team and support staff and double the number of its advisers to 48.

Key Retirement rebrands

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

Ray McCaarthy joins Later Life Academy

McCarthy joins Later Life

Ray McCaarthy has joined The Later Life Academy as national development manager.


Protection

Geoff Hall Mark Jones

Aegon UK joins Seven Families

Aegon UK has become the latest provider to pledge its support to the Seven Families income protection campaign.

SPECIAL FEATURE: White lie or blatant fraud?

Mick Cairns, insurance director at The Source Insurance, on one in five UK householders admitting to having lied or withholding information when applying for home insurance.

Cirencester’s My Earnings Insurance added to The Exchange

Cirencester Friendly’s new income protection contract, My Earnings Insurance, has been added to IRESS’ The Exchange.

Zurich launches support service

Helping hands to go with story on Zurich launching a support service for clients

Zurich has launched a free and confidential support service for its protection customers and their immediate families, available throughout the lifetime of their policies.


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?

Further 30 surveyors graduate Countrywide trainee scheme

Countrywide Surveying Services has seen a further 30 surveyors graduate its trainee surveyor programme as Associate members of the Royal Institution of Chartered Surveyors.

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?

Bridging brokers want certainty

Low rates and low fees are only "part of the mix" for brokers looking for a bridging loan for clients, was the consensus amongst brokers at a recent broker day held by bridging lender Fincorp.