Mortgage brokers are failing to advise clients of the best way to structure buy-to-let investments due to a lack of specialist knowledge in tax planning, it has been claimed.
Home builders today expressed concern at a new report showing a continuing fall in the number of first-time buyers in Scotland and warned that the country faced being left in “housing limbo”.
A Bournemouth-based mortgage broker will venture across Europe in a £75 car dressed as Spiderman in a Top Gear-inspired journey next week for children’s hospice charity Julia’s House.
P2P lender eMoneyUnion wants to disrupt the mortgage market with its first and second charge loans after gaining three separate six figure investments from a trio of new shareholders.
A Right to Buy extension, a “northern powerhouse” plan and new powers for councils to deal with rogue landlords and evict illegal migrants more quickly were announced by the Queen today.
Two years after George Osborne launched Help to Buy in April 2013 close to half of all postcode districts in England (1,261 out of 2,117 total) are yet to see anyone helped by the scheme.
The Remortgage market gathered pace in the first quarter of 2015 across all regions of the UK but lending to homemovers and first-time buyers typically fell, data from the Council of Mortgage Lenders has revealed.
Nationwide will cut selected 2-year fixed rates by up to 0.10% for existing mortgage customers looking for a new deal from tomorrow.
Offset rates have fallen to record lows with the average offset fixed rate now priced at 2.65%, over one percentage point lower than two years ago, research from Moneyfacts has revealed.
Concern that Britons with holiday homes in Greece could be left high and dry if mortgage lenders tighten criteria are rising after the country warned it would fail to repay its IMF debt on time.
Mortgage borrowers with smaller deposits are seeing rate cuts of up to 0.88%, research from the Nottingham building society has suggested.
The Financial Conduct Authority is to review financial firms’ handling of payment protection insurance complaints following a legal ruling last year.
Paratus AMC, the sister company to buy-to-let lender Foundation Home Loans, has completed a successful migration of over 29,000 loan accounts from HML onto the Phoebus servicing platform.
Thousands of Londoners can now rent their homes out free from red tape, thanks to new measures coming into force today.
The British Property Federation has urged government to set out a comprehensive vision to tackle the UK’s chronic shortage of homes in its expected Housing Bill ahead of today's Queen's Speech.
David Whittaker, managing director of mortgages for business, one of the UK's best known buy-to-let brokers, has suggested that the government's first housing bill will not be enough.
Alternative Bridging Corporation is offering brokers the chance to win an Apple Watch if they lodge an enquiry with the firm for a client.
The government’s housing bill which promises “landmark changes” has been branded a "plaster over a gaping wound" by experts.
Household DIY spending increased by 10% in 2014 based on the cost of tools and materials, research from Lloyds Bank has revealed.
One in three (32%) letting agents reported rising rents in April, the Association of Residential Letting Agents' (ARLA) Private Rental Sector Report has revealed.
TSB Intermediary hired 55 partners in broker facing roles in April alone as it looks to meet increased demand from intermediaries.
Building Societies had a 29% share of new lending in the first quarter of 2014 after approving 91,000 mortgages, data released from the Building Societies Association revealed.
Communities secretary Greg Clark MP will announce “landmark changes” in the form of extended Right to Buy and self-build proposals to "spread home ownership to millions" in the Queen’s Speech tomorrow.
Mortgage brokers are looking to mobile apps and broker exchanges to bring their service up to scratch for clients increasingly dependent on technology.
Housing minister Brandon Lewis has allegedly ruled out regulation of estate agents, even after the NAEA pleaded with him to smarten up the industry.
Peer-to-peer bridging and development finance lender Wellesley & Co is planning to launch a broker portal called Wellesley Finance in Q3 this year.
Housing Association rents arrears policies are working, research from Mobysoft shows.
TFC Homeloans has announced two free specialist lending workshops aimed at advisers who want to learn more about helping their clients and increasing their revenues.
A property listed on residential crowdfunding platform Property Partner reached its funding target in a record 35 minutes with investments coming in at a rate of £6,000 a minute.
The Law Society's conveyancing portal Veyo is doomed to fail because it fundamentally fails to understand consumer behaviour, Doug Crawford has said.
Yorkshire building society has defended its decision not to offer its lowest ever mortgage rate of 1.07% through brokers.
Lenders should encourage borrowers struggling with their mortgage payments to seek financial advice, a report commissioned by the Council of Mortgage Lenders has suggested.
Retirement specialist MGM Advantage and equity release provider Stonehaven have combined to create Retirement Advantage, a new brand with a focus on the UK’s mainstream retirement market.
Nationwide has announced that its chief executive Graham Beale will retire in July next year after the bank recorded strong annual profits.
Yorkshire building society has today launched the UK’s lowest ever fixed rate mortgage with a 1.07% initial rate available direct only.
Insurers have been rapped on the knuckles for poor handlilng of insurance claims by small and medium sized businesses following a review by the regulator.
The government has failed to promote the role of housing wealth in retirement funding said experts and financial professionals at the Great Retirement Money Debate hosted by the Equity Release Council.
Saffron building society has set out its stall to help mortgage prisoners remortgage under transitional rules allowing for a more flexible approach to affordability assessment.
Regulators and firms have a dangerous culture of North Korean-style totalitarianism, "corporate philosopher" Roger Steare claimed at the Building Societies Association Conference 2015 in Harrogate yesterday.
House prices across the Hometrack UK cities house price index grew by an average of 1.4% over the three months to April - higher than the same period in 2014 (1.2%) and the highest three month average rate of growth for a decade.
Firms should band together to stop hackers extracting money to fund more illegal activities, KPMG partner Stephen Bonner said at the Building Societies Association Conference in Harrogate today.
Teachers Building Society has widened the availability of its Help to Buy mortgage, making it available for remortgage as well as home purchase.
Rogue landlords are raking in £5.6bn a year by letting out unsafe homes that fail to meet legal standards, research has claimed.
Gross mortgage lending was estimated at £16bn in April, 1% down on the previous month and 4% lower than the £16.7bn a year ago, Council of Mortgage Lenders figures show.
Prestige Finance, the second charge loan specialist and part of OneSavings Bank, has launched a range of buy-to-let products for second charge lending.
There were around 34,040 completions in Q1 2015, up 10% on Q4 2014 and 21% above Q1 2014, the latest figures from the Department of Communities and Local Government show.
Dick Jenkins, chief executive of Bath building society, has been elected deputy chairman of the Building Societies Association.
Buy-to-let shoudn’t be demonised as the quality of lending remains high, Bank of England deputy governor for prudential regulation and Prudential Regulation Authority chief executive Andrew Bailey has said.
The lack of new housing coming to market is “a national disgrace”, experts have warned.
Interest rates could rise in late 2015 when deflation ends and oil prices increase, a Lloyds Bank economist predicted at the Building Societies Association Annual Conference 2015 in Harrogate yesterday.