Sir Mervyn King, outgoing Governor of the Bank of England, described his tenure as a “game of two halves” last night,
The Council of Mortgage lenders has slammed Which? after it claimed that 99.5% of homeowners and homebuyers struggle to identify the total cost of a mortgage deal.
Peer-to-business lending platform rebuildingsociety.com has joined the National Association of Commercial Finance Brokers as it strengthens its ties with the broker community.
May was the cheapest month for fixed rate mortgages since the onset of the financial crisis, the National Mortgage Index from Mortgage Advice Bureau shows.
The government needs to focus on satisfying the needs of institutional investors if it wants to tackle its housing supply problem, says residential property fund manager Hearthstone.
Openwork is extending the availability of its free guide to the prevention of mortgage fraud following strong demand from the professional services market and the wider industry.
The Post Office has today launched a major assault on the mortgage market with its intention to lend £2.5bn by the end of the year.
The FCA has banned a retail sole trader and issued its largest ever fine of nearly £1m after the trader was found guilty of deliberately misleading vulnerable customers for personal gain.
Paradigm Mortgage Services has reported a significant increase in the amount of general insurance cases it has placed through Select & Protect in the first months of 2013.
The Financial Services Consumer Panel has welcomed the Parliamentary Commission on Banking Standards’ call for higher professional standards for bankers.
The average price for a house bought in Scotland fell by £1,982 over the year to April 2013, the latest LSL Housing Price Index has revealed.
The Bank of England has appointed Charlotte Hogg, currently head of retail distribution and intermediaries at Santander UK, as its new chief operating officer.
Bridgebank Capital has appointed Stuart Williams as its new regional business development manager for the Midlands.
Paul Walsh, CEO of CUNA Mutual Europe, discusses the findings of a Green Paper from the think tank ResPublica on introducing a new loan safeguard to build confidence for both lenders and borrowers.
Lucy Jones, operations director at LSL Property Services, will outline the company’s predictions for the future of private renting later today.
Leeds Building Society has launched a 95% loan to value first-time buyer mortgage which will be available exclusively through Legal & General Mortgage Club.
The master classes have been put together to help advisers make the jump from just talking to clients about mortgage protection to opening up the subject of wider protection.
borro has seen a 219% increase in the value of referred business coming through from introducers in the last quarter.
The average number of house hunters increased in April reversing the downward trend seen in the past two months, the National Association of Estate Agents Housing Market Report has revealed.
Specialist lender Omni Capital has launched a 3-year term product aimed at domestic and globally-mobile high net-worth clients serviced by brokers, IFAs and wealth managers.
UK house prices increased by 2.6% in the 12 months to April 2013 down from a 2.7% increase in the 12 months to March 2013, the latest ONS House Price Index has revealed.
Shawbrook Bank has been confirmed as show sponsors for the NACFB Commercial Finance Expo
Mortgage Intelligence has launched an exclusive 3.09% 2-year discounted rate mortgage from Hinckley & Rugby Building Society.
Stafford Railway Building Society has doubled its pipeline of mortgage applications in the past six months.
Household financial confidence has reached the highest level in three years due to a rise in job security, the latest Markit Household Finance Index has revealed.
Stonebridge Group, the mortgage and insurance network, has made a strong start to 2013 completion and case data from Legal & General shows.
Leeds Building Society has appointed Tom Tinkler as general manager - operations.
Mortgage Intelligence has linked up with Leeds Building Society to launch a 3.24% 2-year fixed rate mortgage which is available up to 80% loan to value.
Castle Trust has entered into a distribution agreement with The Homeloan Partnership.
Eco-friendly homeowners could see the value of their properties rise by 14% on average, research from the Department of Energy and Climate Change reveals.
The Co-operative Bank’s announcement that it plans to raise £1.5bn of capital to plug the hole in its balance sheet will not affect Platform, its specialist mortgage lending arm.
LSL has launched two exclusives from the Leeds Building Society for TMA, Pink and First Complete.
Secured loans are more likely to be agreed than remortgages, analysis from secured loan specialist Smart Money Loans has found.
The secured loan sector has experienced its best month of lending since May 2008 with a total of £43,780,000 lent last month, the latest Secured Loan Index has revealed.
Intermediary only lender Precise Mortgages has reduced rates on its buy-to-let range by up to 1.25% bringing its cheapest product down to 3.89% pa.
Young people remain pessimistic about their chances of getting on the property ladder despite the raft of initiatives put in place by the government.
Ex-mortgage broker Michael Lewis has pleaded guilty to 12 criminal offences in relation to conducting unauthorised business and the presiding judge has warned that all sentencing options remain open.
An increase in average rents and a decrease in average income has left tenants in Greater London with an average of £254 less disposable income every month than they had during May 2012, the latest HomeLet Rental Index has revealed.
Santander Corporate & Commercial has appointed Ben Barbanel as its new regional director for business development in London and the South East of England.
Deputy Bank of England governor Paul Tucker has announced his intention to step down from the role.
Surveyors in Northern Ireland expect prices to remain flat despite predicting an increase in the number of property transactions over the summer months, the latest RICS and Ulster Bank Housing Market Survey for Northern Ireland has revealed.
The National Association of Estate Agents and the Association of Residential Letting Agents have named their new incoming Presidential Team.
The regulatory fallout from the financial crisis means the UK’s status as a nation of homeowners may be permanently downsized, a new report from the Intermediary Mortgage Lenders Association has revealed.
House purchase lending rose 17% year-on-year in May primarily due to a surge in high loan to value lending, the latest Mortgage Monitor from e.surv shows.
The average house price in England & Wales in May is £900 (0.4%) higher than that in April, the latest LSL House Price Index has revealed.
Intermediary-only lender Precise Mortgages has launched the UK's only Bridge to Let product that benefits from having both loans offered by the same lender.
David Campbell has made a significant minority stake investment in specialist distributor Enterprise Finance and joins the Company’s board as non-executive chairman.
Fincorp is offering a light refurbishment bridging loan after seeing strong demand for finance to fund auctioned properties.
e.surv Chartered Surveyors has announced plans to rebrand in Scotland following an asset purchase arrangement with Walker Fraser Steele, Scotland’s oldest firm of chartered surveyors.
Connect Group has moved into larger offices to cater for the expansion of its key business areas.
Gross mortgage lending grew by 5% in April, in part due to an increase in remortgage activity, new data released by the Council of Mortgage Lenders has revealed.
Stephen Hester, chief executive of Royal Bank Scotland, has announced he will step down at the end of the year, in a statement to the London Stock Exchange.