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BREAKING NEWS

Rents continue to rise

Private rental prices paid by tenants in Great Britain rose by 2.5% in the 12 months to June 2015, official figures from the Office for National Statistics show.

SPECIAL FEATURE: The roar of social media

Emma-Maria Coffey, business development manager at Blacks Connect, says that when it comes to social media there is a line that should never be crossed.

Buy-to-let availability for limited companies good

Limited companies can choose between 122 different buy-to-let mortgages as of July – leaving plenty of options even after the tax relief crackdown for private landlords in the summer budget.

 


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

Rents continue to rise

Private rental prices paid by tenants in Great Britain rose by 2.5% in the 12 months to June 2015, official figures from the Office for National Statistics show.

Coventry launches new 5-year fix

Coventry for intermediaries has launched new 5-year fixed rate range with rates starting from 2.35% up to 65% loan-to-value with a £999 arrangement fee.

SPECIAL FEATURE: The roar of social media

Emma-Maria Coffey, business development manager at Blacks Connect, says that when it comes to social media there is a line that should never be crossed.

Buy-to-let availability for limited companies good

Limited companies can choose between 122 different buy-to-let mortgages as of July – leaving plenty of options even after the tax relief crackdown for private landlords in the summer budget.

Mansfield hires Richard Crisp

The Mansfield Building Society has appointed Richard Crisp as its management team as commercial development executive leading sales, marketing and customer engagement strategy.

Paul Roberts joins Old Mutual

Old Mutual Wealth has appointed Paul Roberts as head of business development for protection.

Bank of Ireland doubles lending

Bank of Ireland lent £1.3bn in the first six months of the year, up from £0.6bn over the same period last year.

Lloyds mortgage lending slumps

Lloyds Banking Group’s mortgage lending slumped 19.1% with the lender’s interim results showing it lent just £16bn to borrowers in the first half of the year, down from £19.8bn in H1 2014.

TFC opens London office

TFC Homeloans has opened a central London office and appointed Gary Barton as its first consultant for specialist lending.

RBS makes Q2 recovery

The Royal Bank of Scotland upped its lending levels by 43% in Q2 2015 year-on-year after a slow start to the year, its half year interim results have revealed.

Bank of Ireland buys Lloyds SME loan book

Bank of Ireland, together with Ennis Property Finance Limited, an entity affiliated to Goldman Sachs and Feniton Property Finance Limited have agreed terms to acquire a commercial loan portfolio from Lloyds Banking Group.

FTBs forgo electricity to buy home

One in five first-time buyers claims they’d be willing to live in a run-down property with no water, electricity or central heating just to secure a foot on the property ladder, research suggests.

Leeds HR employee completes charity triathlon

A Leeds Building Society human resources professional has completed a triathlon event for charity – raising £550 for Breast Cancer Now in the process.

HSBC launches deals through L&C

HSBC is cutting the cost of its mortgages and making them available to more people through mortgage broker London & Country, HSBC’s second mortgage broker agreement.

Platform cuts high LTV rates

Platform has reduced a number of high LTV rates to 80% and 90% loan-to-value.

Skipton ups lending but profits fall

Skipton Building Society upped its mortgage lending by 31% to £1.919bn in the first six months of 2015 year-on-year but profits fell over the same period.

Goldsmith Williams to advise on company BTL

Goldsmith Williams has launched an advice service for buy-to-let landlords looking to manage their properties through a limited company.

Builders Finance Fund fails to impress

More than half of brokers operating in the field of development Ffnance have no knowledge of the Government’s ‘Builders Finance Fund’ initiative, research from United Trust Bank reveals.

Builders Finance Fund fails to impress

More than half of brokers operating in the field of development Ffnance have no knowledge of the Government’s ‘Builders Finance Fund’ initiative, research from United Trust Bank reveals.

Fleet Mortgages hits the road

Fleet Mortgages has outlined its appearances at a full timetable of summer and autumn adviser road shows offered by its key distributor partners.

TSB extends buy-to-let range

TSB has added to its buy-to-let mortgage range with new 2-year fixed and tracker rates.

Secured loans mostly used for debt consolidation

Three in five (61%) secured loan are being used for debt consolidation based on Clever Lending’s own cases in 2015.

Paragon doubles mortgage business

Paragon Mortgages successfully doubled its mortgage completions in its third financial quarter as the buy-to-let market surged from April to June.

SPECIAL FEATURE: A tax on all your houses

Eric Curran, managing partner of Glasgow-based DM Hall Chartered Surveyors, looks at whether Land and Buildings Transaction Tax is affecting prices across the board.

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

One in three letting agents report rent increase

Over a third of letting agents saw rent increases last month, the highest recorded this year, the ARLA June PRS Report reveals.

Parents renting closer to schools

Fierce competition for school places is driving parents to rent ever closer to the best schools, research from Countrywide reveals.

Aldermore revamps buy-to-let and commercial range

Aldermore

Aldermore has revamped its entire range of buy-to-let mortgages, launching new standard and specialist products and brought its residential and commercial buy-to-let ranges under one proposition.

SPECIAL FEATURE: BTL: Not a saint, not a sinner

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Paul Smee, director general of the Council of Mortgage Lenders, says that when it comes to housing tenure choice, there are no saints and sinners – the name of the game needs to be peaceful co-existence.


Bridging and Commercial

Roma Finance resolves family feud with buyout bridge

Roma Finance, the Manchester-based specialist bridging lender, has managed to resolve a difficult and complex case involving three generations of a family and a dispute with a major UK clearing bank lasting several years.

Charlotte Williams joins Dragonfly

Dragonfly

Dragonfly Property Finance has hired Charlotte Williams as an internal business development manager.

Clever Lending moves into B&C finance

Clever Lending, the secured loans master broker, has appointed Steve Sanderson to expand their proposition to include commercial and bridging finance.

360 sourcing reaches £100m in apps since launch

360 Sourcing, the secured loan sourcing platform powered by specialist packager Positive Lending, has originated in excess of £100million since launch in April 2015.


Equity Release

Tim Wheeldon Blog

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.

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.

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).


Protection

Geoff Hall Mark Jones

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.

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.

Paradigm Protect teams up with ActiveQuote

Paradigm Protect has formed a new introducer relationship with health insurance advice specialists, ActiveQuote.


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?

Bank of Ireland doubles lending

Bank of Ireland

Bank of Ireland lent £1.3bn in the first six months of the year, up from £0.6bn over the same period last year.

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?

TFC opens London office

TFC Homeloans has opened a central London office and appointed Gary Barton as its first consultant for specialist lending.