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BREAKING NEWS

Consumer confidence hits 2014 high

Monthly consumer confidence in the economy hit a 2014 high (154) in November due to lower prices for gas and electricity and fuel, Lloyds Bank’s Spending Power Report has revealed.

Uncertain house prices 'a concern'

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The instability of house price rises are a concern for the property maintenance industry, aspect.co.uk managing director Will Davies has claimed.

L&G: Rapid growth NOT a good thing

Legal & General

Rapid house price growth is NOT a good thing even if homeowners are pleased to see their properties increase in value, Legal and General director Jeremy Duncombe has said.

 


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

L&G: Rapid growth NOT a good thing

Rapid house price growth is NOT a good thing even if homeowners are pleased to see their properties increase in value, Legal and General director Jeremy Duncombe has said.

Consumer confidence hits 2014 high

Monthly consumer confidence in the economy hit a 2014 high (154) in November due to lower prices for gas and electricity and fuel, Lloyds Bank’s Spending Power Report has revealed.

CIH appoints Wales director

The Chartered Institute of Housing has appointed Helen Northmore as its new director for Wales.

Uncertain house prices 'a concern'

The instability of house price rises are a concern for the property maintenance industry, aspect.co.uk managing director Will Davies has claimed.

RICS: 2015 house prices to increase by 3pc

UK house prices will increase by a steady 3% in 2015 bolstered by recent changes to Stamp Duty, continuing demand and lack of supply of property, the RICS UK housing market forecast has revealed.

Bower Retirement: ER could double

The equity release sector could double from its current size of £1.2bn this year to £2.4bn per annum according to advisers, Bower Retirement Services has revealed.

LV= set for Teachers Assurance takeover

LV= has agreed to take over fellow Bournemouth-based friendly society Teachers Assurance from early 2016 for an undisclosed fee.

Nottingham raises January proc fees

The Nottingham will raise procuration fees to 0.40% from January 6 on residential and buy-to-let transactions.

Accord raises proc fees for New Year

Accord is increasing its procuration fees across its residential mortgage range for the New Year.

NatWest cuts low LTV rates

NatWest is cutting rates across its range of residential 2, 3 and 5-year fixes and 2-year trackers from tomorrow.

UK house prices up 8.9pc

UK house prices have increased by 8.9% year-on-year but there has been a continued slowdown in the monthly rate of growth in recent months, the latest UK Cities House Price Index from Hometrack has shown.

SortRefer names winner of review campaign

SortRefer has announced the winner of its September competition which looked to encourage brokers to post reviews of its service online.

Vantage launches specialist packaging division

Vantage Finance has launched a new packaging division for specialist residential and buy-to-let mortgages.

CML: November lending hits ?16.9bn

Gross mortgage lending reached £16.9bn in November 2014 which matches the figure reached in the same month last year, data from the Council of Mortgage Lenders has revealed.

Rents drop for first time in eight months

Rents across England and Wales fell for the first time in eight months in November, the latest Buy-to-Let Index from LSL has shown.

Smart Money upsizes

Smart Money is upsizing its Glasgow premises to deal with higher volumes of business from Scottish intermediaries.

Dudley’s Steve Sandiford heads for Paragon

Steve Sandiford is leaving Dudley Building Society as head of lending at the end of January to join Paragon’s mortgage team in a directorial role from February.

Ageas partners up with Virgin

Ageas and Virgin Money will offer insurance products together from 2015 after entering into a partnership.

Dudley’s Steve Sandiford heads for Paragon

Steve Sandiford is leaving Dudley Building Society as head of lending at the end of January to join Paragon’s mortgage team in a directorial role from February.

Ageas partners up with Virgin

Ageas and Virgin Money will offer insurance products together from 2015 after entering into a partnership.

Over-55s housing payout hits £10.4bn

The Bank of Mum and Dad paid out £10.4bn to their children and grandchildren to fund house purchases in 2014, research from the Equity Release Council has revealed.

Children’s author wins Leeds BS campaign

An aspiring children’s author has been awarded £1,000 from Leeds Building Society for winning the society’s ‘Save Interesting’ campaign.

Skipton cuts fixed mortgage range

Skipton Building Society has unveiled rate cuts across its entire 3 and 5-year fixed mortgage range.

ONS: Wage growth hits 1.6pc

Annual wage growth excluding bonuses climbed to 1.6% from August to October, figures from the Office for National Statistics have revealed.

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

Coventry joins Buy to Let Club panel

The Coventry

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

Metro Bank launches portfolio buy-to-let proposition

Metro Bank has launched a new portfolio buy-to-let proposition.

Rent up 8.3pc in November

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Rental prices are 8.3% higher across the UK in November 2014, at £874 per month, compared to the same month last year when the average UK rent was £807, the November HomeLet Rental Index have revealed.

Mill Residential smashes £2.1m target

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The launch of the UK’s first mainstream Residential Real Estate Investment Trust hit its £2.1m target on the SyndicateRoom crowdfunding platform within days of launch.


Bridging and Commercial

Connect adds Loan Engine to panel

Connect Mortgage Club has added secured loans master broker The Loans Engine to its panel.

Capital Bridging Finance breaks £20m barrier

Short-term lender Capital Bridging Finance lent a record £20m in November.

Smart Money to add bridging services

Specialist distributor Smart Money will be adding full bridging support for intermediaries to its services from the New Year.

miLoanbroker hits registration milestone

miLoan, the secured loans sourcing system provided by Y3S Loans, has registered its 6000th broker user.


Equity Release

Tim Wheeldon Blog

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.

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.


Protection

Geoff Hall Mark Jones

SPECIAL FEATURE: Insurance fraud ? a year round crime

Kevin Paterson of Source Insurance looks at why it should be remembered that insurance fraud is a year round crime, not just a seasonal one.

Paymentshield: broker support is strong

Paymentshield has hit back at claims that brokers are starting to move away from the insurer as parent firm Towergate continues to search for a new buyer.

LV= to host IP seminars

LV=

Protection specialist LV= is hosting nine income protection seminars for advisers who want to look at how they can boost their income protection sales.

Brokers start to turn away from Towergate

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Brokers are starting to turn away from insurance provider Towergate, the company behind Paymentshield and John Charcol, as rumours of financial uncertainty continue to plague the firm.


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?

Consumer confidence hits 2014 high

Monthly consumer confidence in the economy hit a 2014 high (154) in November due to lower prices for gas and electricity and fuel, Lloyds Bank’s Spending Power Report 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?

UK house prices up 8.9pc

UK house prices have increased by 8.9% year-on-year but there has been a continued slowdown in the monthly rate of growth in recent months, the latest UK Cities House Price Index from Hometrack has shown.