Saturday 04 February 2012 | RSS Feed

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Andrew Montlake
Andrew Montlake

montysblog: RT @mattlowndes: From an England point of view this Terry nonsense could be a right result. He quits, Capello quits. Fresh ideas. New team. No baggage..

153 minutes ago from web
 

Mike Lawton to head Which? mortgage advisers

Two men shaking hands to go with story on Mike Lawton to head Which? mortgage advisers

Mike Lawton has left his role as mortgage director of John Charcol to head up Which? Mortgages as managing director.

Goldsmith Williams blasts McColl

A blueprint to go with story on Goldsmith Williams blasts McColl

Goldsmith Williams has blasted Bridging Introducer columnist Steve McColl for accusing solicitors of voicing “ill-thought through” opinions on bridging transactions.

FSA halts sale and rent back market

FSA halts sale and rent back market

The Financial Services Authority has today published a report that shows most sale and rent back transactions were either unaffordable or unsuitable and never should have been sold.

 


More News

Sarah Davidson Blog Inblognito Yuan Phoon Blog Charles Haresnape Blog Hugh Wade Jones David Gilman Sean Oldfield Blog Martin Reynolds Blog Kevin Paterson Blog Tony Ward Blog Nigel Payne Blog Phil Jeynes Blog

Bankruptcy reforms overdue says EuroDebt

As the consultation on bankruptcy reforms closes this week, EuroDebt Financial Services has urged the Government to cut the cost and time involved in declaring bankruptcy.

Cambridge chooses Sesame Bankhall Valuation

Cambridge Building Society has appointed Sesame Bankhall Valuation Services as its exclusive panel manager for valuations.

Field agent firm distribution system goes live

The Charlbury Group has announced that following a three month pilot its AMS: Field Agent system will now be launched to the entire mortgage market.

Precise shakes up bridging legals

Precise Mortgages has launched joint legal representation for clients taking bridging loans, cutting legal fees for the borrower from a market average of £1,500 to just £599 +VAT.

UK economy to contract 0.1pc

The UK economy will contract by just 0.1% this year but will grow by 2.3% in 2013, the National Institute of Economic and Social Research forecasts.

Leeds and London burglary hotspots

Homeowners in Leeds and London are the most likely in the UK to make a claim for theft or burglary on their home insurance policy, research from MoneySupermarket.com has found.

One in four struggling takes a payday loan

Nearly one in four people struggling with debt has taken a payday loan, research from Vincent Bond & Co shows.

FSA puts broker fees up 2pc

Brokers will have to pay the Financial Services Authority £13.43 for every £1,000 of their annual income, says the FSA in its latest Annual Funding Requirement.

RTB doomed without broker aid

The need for proper financial advice and affordability assessments are vital if tenants are to take up the offer of right to buy in a sustainable manner, says Hometrack.

Platform to withdraw 3 products

Platform will withdraw three of its mainstream products tomorrow, the lender has announced.

East Midlands generate highest rental yields

Landlords in the East Midlands achieved the highest average rental yield across the UK at 6.4% in Q4 2011, figures from Paragon Mortgages reveal.

BTL competition driving rates down

Average buy-to-let fixed and variable rates reduced by 0.10% and 0.06% respectively during Q4 2011, figures from TBMC reveal.

Consumers cover pets more than family

Less than one in ten people have a critical illness policy in place whilst 12% have taken out a pet insurance policy, research from Ageas Protect reveals.

EXCLUSIVE: Masthaven prevents £1.5m fraud

A £1.5m fraud has been stopped dead in its tracks and the perpetrators are now awaiting sentence after bridging lender Masthaven alerted authorities of a suspicious application.

Nationwide raises rates up to 20bps

Nationwide has raised rates between 10 and 20bps on its fixed and tracker rates although its 95% loan to value rates remains unchanged.

Zurich pays out 92pc of CI claims

Zurich has announced it paid out 92% of critical illness claims in 2011 with payments amounting to £64.5m.

For sale boards boost in 2012

The number of new “for sale” listings jumped 63% in January from December, figures from Agency Express show.

Nigel Payne to join Mortgage Introducer as chairman

Nigel Payne has joined Mortgage Introducer as non-executive chairman of the company.

“Crime boss” loses £75k after mortgage fraud

Head of notorious Glaswegian crime family, Edward “Eddie” Lyons, is to have £75,000 in assets confiscated from him after committing mortgage fraud, BBC Scotland reports.

FEATURED ARTICLES

Buying business premises

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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

Buy-to-let now rock solid at 80pc LTV

A letting sign to go with story on six lenders offering 80% LTV BTL loans

There are now six mortgage lenders offering more than twenty buy-to-let mortgages with LTVs up to 80%.

Paragon looks to buy assets

Paragon looks to buy assets

Paragon is on the lookout for assets to buy after reporting a 12% uplift in quarterly profits.


Bridging and Commercial

Rob Lankey Gavin Diamond

Precise shakes up bridging legals

Precise shakes up bridging legals

Precise Mortgages has launched joint legal representation for clients taking bridging loans, cutting legal fees for the borrower from a market average of £1,500 to just £599 +VAT.

FLA rewrites borrower protection

FLA rewrites borrower protection

The Finance and Leasing Association has added new protections for borrowers to its lending code.


Equity Release

Peter Welch Blog

Equity release sees annual growth

AN elderly woman playing tennis to go with Key Retirement Solutions' research on equity release

The equity release market has seen the first annual rise in both total lending and sales of plans since 2007, according to analysis from independent equity release adviser Key Retirement Solutions.

Equity release hits 2-year high

Equity release hits 2-year high

A 2-year high of £215.9m equity release advances were made by Safe Home Income Plans members in Q4 2011.


Protection

Ageas Protect makes senior appointments

Two people shaking hands to go with story on Ageas Protect's appointments

Ageas Protect has announced two key appointments to its senior management team, supporting the company’s appetite for continued growth.

Cancer and heart commitment from AXA PPP

MRI scanner to go with AXA PPI story

AXA PPP healthcare is enhancing its support for policyholders affected by cancer or by heart disease.

Insurers may ditch flood risk properties

Flooded buildings to go with story on flood insurance

A quarter of the properties in the UK that are at risk of flooding – worth a total of £214bn – could be left uninsured this year.

Ageas Protect improves CI T&Cs

Patient about to go into MRI scanner to go with Ageas story

Ageas Protect has improved the terms and conditions of the critical illness policies held by existing policyholders including, in some cases, claims already paid.


Industry

Bob Hunt Blog Frank Eve Julian Wells

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?

Leeds and London burglary hotspots

Leeds and London burglary hotspots

Homeowners in Leeds and London are the most likely in the UK to make a claim for theft or burglary on their home insurance policy, research from MoneySupermarket.com has found.

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?