Mortgage rates are starting to rise after Mark Carney suggested the base rate could be raised by the turn of the year, MoneySuperMarket has claimed.
Plentific and Zoopla have launched Find a Pro – a network connecting users to thousands of professionals and local tradesmen for home-related projects.
Mark Crosby, senior underwriter at BLP Insurance, talks through the construction industry’s rapid post-general election growth.
Master broker Promise Solutions has appointed a mortgage packaging manager in Helen Aston.
Leeds Building Society has reduced its 90% LTV fee assisted 2-year fix from 3.79% to 3.29%.
West One Loans lent £45m in July – it’s highest ever monthly total.
Buy-to-let lending and house price growth will slow in the coming months due to the government’s crackdown on mortgage interest tax relief for landlords, Moody’s Investors Service has predicted.
AXA Group has combined its general insurance lines into a single business, AXA Insurance, and appointed Amanda Blanc as its leader from 1 January 2015.
The government has begun the process of selling its 79% stake in the Royal Bank of Scotland, selling 5.4% of the bank at a price of 330p per share – 170p less than they paid in 2008.
House prices rose 0.4% between June and July to £195,621 while annual inflation hit 3.5%, the Nationwide index shows.
Students in rented housing are being let down by a small number of bad landlords and a failure by local authorities to properly enforce regulations, the Residential Landlords Association claims.
Metro Bank has hired Ian Walters as managing director of commercial banking and Iain Kirkpatrick as managing director of regional banking.
Complete FS, the South Coast based packager and distributor, has announced the addition of Family Building Society to its lending panel.
Brokers currently advising in unregulated sectors are flocking to join Connect Mortgage Club as an appointed representative amid total confusion about what regulatory permissions they will soon require.
The government has invited mortgage lenders, brokers and anyone involved in the UK’s private rented sector to provide feedback on its proposals to crack down on rogue landlords.
Principal property finance lender Alternative Bridging has reported a record quarter in its loan book for April, May and June 2015.
Almost a fifth of landlords plan to buy another rental property over this summer despite the government announcing tax relief for buy-to-let landlords is to be phased out by 2020.
The Lending Channel has appointed Martin Gallagher as business development manager for Scotland covering all product lines but with specific focus on commercial lending.
Over 85,000 people have signed an online petition demanding an end to a so-called “fire-sale” of the government’s stake in Royal Bank of Scotland.
Halifax has launched a mobile, tablet and desktop agreement in principle tool offering borrowers a lending decision in fifteen minutes.
The Land Registry received £10m of compensation claims for fraud at an average value of £168,900 per claim in 2014 while overall, the government department received £23.3m of claims that year.
Landlords who repeatedly fail to evict tenants who they discover are in Britain illegally or who fail to verify tenants’ migrant status face five years in jail after a government crackdown on illegal immigration.
OneSavings Bank has done a deal with EDM Mortgage Support Services’ to begin using its commercial valuation exchange product VEX.
The Co-operative Bank has appointed Capita to manage its mortgage processing operations across the Platform, Britannia and Co-operative Bank mortgage brands.
The government has sold a further 1% shareholding in Lloyds Banking Group through the trading plan launched in December.
Clydesdale and Yorkshire Banks have launched their lowest ever loan rates with customers now able to take an unsecured personal loan of between £7,500 and £15,000 with a rate of 3.8% APR.
Key Retirement Solutions has grown its market share within the equity release sector by 66% in the past five years, it has confirmed.
The government and Financial Conduct Authority have announced a major review into financial advice, including mortgage advice, in a bid to improve the way it works for consumers.
A developer who was owed £140,000 by Twenty7Tec’s former subsidiary company Mortgage27 has vowed to take his case “to the bitter end” after the B2C subsidiary entered into liquidation last month.
Private rental prices paid by tenants in Great Britain rose by 2.5% in the 12 months to June 2015, official figures from the Office for National Statistics show.
Coventry for intermediaries has launched new 5-year fixed rate range with rates starting from 2.35% up to 65% loan-to-value with a £999 arrangement fee.
Limited companies can choose between 122 different buy-to-let mortgages as of July – leaving plenty of options even after the tax relief crackdown for private landlords in the summer budget.
The Mansfield Building Society has appointed Richard Crisp as its management team as commercial development executive leading sales, marketing and customer engagement strategy.
Old Mutual Wealth has appointed Paul Roberts as head of business development for protection.
Bank of Ireland lent £1.3bn in the first six months of the year, up from £0.6bn over the same period last year.
Lloyds Banking Group’s mortgage lending slumped 19.1% with the lender’s interim results showing it lent just £16bn to borrowers in the first half of the year, down from £19.8bn in H1 2014.
TFC Homeloans has opened a central London office and appointed Gary Barton as its first consultant for specialist lending.
The Royal Bank of Scotland upped its lending levels by 43% in Q2 2015 year-on-year after a slow start to the year, its half year interim results have revealed.
Bank of Ireland, together with Ennis Property Finance Limited, an entity affiliated to Goldman Sachs and Feniton Property Finance Limited have agreed terms to acquire a commercial loan portfolio from Lloyds Banking Group.
One in five first-time buyers claims they’d be willing to live in a run-down property with no water, electricity or central heating just to secure a foot on the property ladder, research suggests.
A Leeds Building Society human resources professional has completed a triathlon event for charity – raising £550 for Breast Cancer Now in the process.
HSBC is cutting the cost of its mortgages and making them available to more people through mortgage broker London & Country, HSBC’s second mortgage broker agreement.
Platform has reduced a number of high LTV rates to 80% and 90% loan-to-value.
Skipton Building Society upped its mortgage lending by 31% to £1.919bn in the first six months of 2015 year-on-year but profits fell over the same period.
More than half of brokers operating in the field of development Ffnance have no knowledge of the Government’s ‘Builders Finance Fund’ initiative, research from United Trust Bank reveals.
Fleet Mortgages has outlined its appearances at a full timetable of summer and autumn adviser road shows offered by its key distributor partners.
TSB has added to its buy-to-let mortgage range with new 2-year fixed and tracker rates.
Three in five (61%) secured loan are being used for debt consolidation based on Clever Lending’s own cases in 2015.
Paragon Mortgages successfully doubled its mortgage completions in its third financial quarter as the buy-to-let market surged from April to June.
IRESS has launched XPLAN Mortgage – an end to end solution which will eventually integrate mortgage sourcing, advice, activity management and protection sourcing.