News

Equity Release Council to allow non-standard products

wrinkly hands old person OAP

February 10, 2016

Equity Release Council chairman Nigel Waterson has reluctantly given providers the green light to develop non-standard products.

Market set for sub-5% equity release

stuart wilson

February 10, 2016

Equity release will break the sub-5% barrier this year as more funders come to market, more 2 life’s marketing director Stuart Wilson has predicted.

Buckinghamshire BS launches contractor mortgage

house middle class

February 10, 2016

Buckinghamshire Building Society has launched a mortgage for contractors to 95% loan-to-value.

Barclays swaps COO Moulds for Compton

handshake appointment

February 10, 2016

Barclays has appointed JP Morgan’s Paul Compton as group chief operating officer to replace the departing Jonathan Moulds.

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Equity Release Supermarket hires compliance head

handshake 1

February 10, 2016

Equity Release Supermarket has promoted Graham Evans to head of compliance.

Former FSA boss warns of indefinitely low rates

adair turner

February 10, 2016

The UK could be stuck with low interest rates “almost indefinitely”, ex head of the Financial Services Authority Adair Turner told the BBC today.

Building societies make armed forces pledge

army

February 10, 2016

UK building societies will allow armed forces personnel to rent out their homes when going abroad without switching to a buy-to-let mortgage.

Nemo halts secured lending

closed sign

February 10, 2016

Nemo Personal Finance, the secured loan business of Principality Group, is to cease lending after efforts to sell the business failed.

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Blogs

Ying Tan

Ying Tan

We need to stand up for what is right

Just like LFC fans who have stuck by the club and supported it unfailingly, we – the buy-to-let professionals, the investors, the landlords – have supported the housing market unequivocally.

john heron

John Heron

The Bank’s not so subtle campaign

There is a real risk that the layering of measures will be detrimental to those that rely on the sector for a home.

Mortgage Introducer

SPECIAL FEATURE: The spectre of independence

By far the biggest spectre haunting the Scottish commercial property market at the moment is the continuing background chatter about the likelihood of another run at the independence referendum.

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Rob Clifford

Rob Clifford

Expect more ‘precision’ lending in 2016

We’re already seeing this, with the likes of Mansfield Building Society launching very useful products for niches like its recent ‘future valuations’ mortgage for those borrowers who want to fund property improvement.

bob hunt

Bob Hunt

‘level the playing field’ strategy flawed

We are in danger here of throwing the baby out with the bath water and the housing crisis that we are seeking to avert could actually be made much worse because of these measures.

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