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BREAKING NEWS

Nationwide cuts mortgage rates

Nationwide

Nationwide has cut selected 5-year fixed rate mortgage deals by up to 0.15% for existing Nationwide mortgage customers looking for a new deal from today.

Halifax cuts rates 0.5pc

Halifax

Halifax has reduced mortgage rates across its 0-95% loan-to-value 2-year fixed first-time buyer and home mover products by 0.50%.

Planning permissions top 2008 levels

The numbers of homes granted planning permission are now higher than before the 2008 economic crash, latest figures show.

 


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

Halifax cuts rates 0.5pc

Halifax has reduced mortgage rates across its 0-95% loan-to-value 2-year fixed first-time buyer and home mover products by 0.50%.

Nationwide cuts mortgage rates

Nationwide has cut selected 5-year fixed rate mortgage deals by up to 0.15% for existing Nationwide mortgage customers looking for a new deal from today.

Capita buys Vertex

Capita has acquired Vertex Mortgage Services for £35m on a cash free, debt free basis subject to approval by the Financial Conduct Authority.

Planning permissions top 2008 levels

The numbers of homes granted planning permission are now higher than before the 2008 economic crash, latest figures show.

Skipton launches rates from 1.46pc

Skipton Building Society is launching a new range of two and 5-year fixed rate residential mortgages tomorrow.

LV to hold CPD protection seminars

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

UK growth revised up

The quarterly rise in GDP in Q1 has been revised up from 0.3% to 0.4% and growth for 2014 as a whole has been revised up from 2.8% to 3%, figures from the Office for National Statistics show.

Barclays loosens LTI criteria

Barclays will now lend up to five times income for those looking to borrow more than £200,000 following a review of the bank's lending policy.

Keystone’s buy-to-let contract with Aldermore ends

Keystone’s funding contract with Aldermore Bank has ended after a three years, originating close to £200m in loans.

SPECIAL FEATURE: Budget predictions for housing

There’s a week to go until the Summer Budget announcement, and unsurprisingly prediction making is in full flow, writes David Ingram, founder of MyLocalMortgage.co.uk.

P2P platform CrowdProperty smashes £1m target

CrowdProperty has surpassed the £1m lending barrier since its launch on August 31 last year.

RLA produces landlord guide

The Residential Landlords Association has launched an online guide explaining the legal standards required of landlords.

Index to link advisers with transactions

HOMESPLACE has launched a tool called MAIT which connects transactions to specific mortgage advisers.

CML launches Rising Stars 2015

The Council of Mortgage Lenders has launched its 'Rising Stars' search for 2015.

Tenet backs FSCS product levy

Tenet has joined the PFS in calling for a product levy to fund the Financial Services Compensation Scheme.

Homeowners struggle to upscale

A third of homeowners (34%) looking to upscale will find it difficult in the next five years, research from MoneySuperMarket has revealed.

South Ken topples Mayfair

Rents in Mayfair have been overtaken by South Kensington – where properties clock up £747 a week in rent, data from Central London Portfolio.

SPECIAL FEATURE: Buying in Turkey

Simon Conn, overseas property and finance specialist, talks through the opportunities and red tape surrounding buying a property in Turkey.

South Ken topples Mayfair

Rents in Mayfair have been overtaken by South Kensington – where properties clock up £747 a week in rent, data from Central London Portfolio.

Demand surges in May

Property demand reached its highest level in eight months in May 2015, the National Association of Estate Agents’s Housing Market Report has suggested.

Fleet moves home

Fleet Mortgages has moved to a larger office as it expands its workforce.

Cirencester Friendly appoints head of compliance

Cirencester Friendly has appointed Andrew Horsley as head of compliance and company secretary.

London prices increase after election

London house prices rocketed by 3.4% to £536,300 in May 2015 after slowing down in the run up to the general election on May 7, haart’s housing market monitor has revealed.

Mortgage approvals fall in May

The number of mortgages approved for new house purchase fell from 67,580 to 64,434 in May, partly reversing the strong increase from 61,385 in March.

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

Keystone’s buy-to-let contract with Aldermore ends

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Keystone’s funding contract with Aldermore Bank has ended after a three years, originating close to £200m in loans.

Landlords predict rent rises to tail off

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UK landlords expect annual rent growth to slow to 1.7% by next year, down from 3.7% currently.

Buy-to-let outpacing residential growth

Analysis from Equifax Touchstone shows that buy-to-let lending in Q1 2015 grew by nearly 20% year-on-year, outpacing residential lending which was up by 1.6%.

Scot Wids Bank to pay product transfer proc fees

Scottish Widows Bank has today launched an online mortgage product transfer facility paying a full procuration fee upon completion.


Bridging and Commercial

Apex Bridging joins ASTL

The Association of Short Term Lenders has been joined by another new member, Apex Bridging. This takes the ASTL’s membership to thirty, hitting its target of thirty full members, a target set two years ago when the ASTL had just 22 members.

NACFB announces Expo attendees

With less than one month to go until the NACFB’s sixth Commercial Finance Expo on 17 June, the NACFB has announced the presence of some big and influential names.

Exclusive: Kensington targets the self employed

Kensington Mortgages is launching a mortgage for self-employed customers with affordability taking into consideration a company director’s share of net profits in addition to their salary.

TFC and Lancashire complete 3 day bridge

TFC Homeloans and Lancashire Mortgage Corporation joined forces last month to ensure a client did not lose an auction property, by arranging bridging finance in just three days.


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

Paradigm Protect teams up with ActiveQuote

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

MoneySuperMarket renews contract with LifeSearch

Leading comparison website MoneySuperMarket has renewed its long term contract with protection intermediary LifeSearch to provide independent protection advice to its customers.

Bipolar sufferer to benefit from 7 Familes campaign

According to Bipolar UK 1% to 2% of the population experience a lifetime prevalence of bipolar and recent research suggests as many as 5% of us are on the bipolar spectrum.

Aegon: Promote claims stats better

Aegon UK wants the protection industry to boost consumer trust and confidence by better promoting claims statistics after research found 77% of consumers weren’t aware of the current strong rate of payouts for protection 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?

Halifax cuts rates 0.5pc

Halifax

Halifax has reduced mortgage rates across its 0-95% loan-to-value 2-year fixed first-time buyer and home mover products by 0.50%.

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?

Nationwide cuts mortgage rates

Nationwide

Nationwide has cut selected 5-year fixed rate mortgage deals by up to 0.15% for existing Nationwide mortgage customers looking for a new deal from today.