FEATURED NEWS

London is worst performing region since the Brexit vote

17th August 2018

Emoov’s UK House Price Index showed that prices also dropped in Aberdeen (-12.3%), Kensington and Chelsea (-7.4%) and the City of Westminster (-6%).

TSB ups fixed rates

August 17, 2018

The lender’s 2-year homemover fixes now stand at 1.84% to 85% loan-to-value and 1.59% to 60% LTV, both with a £995 fee.

M&S Bank ups LTV to 95% on three products

August 17, 2018

The products are a 2-year fix at 3.79%, a 2-year tracker at 3.64% and a 5-year fixed at 3.99%, all with £1,000 cashback.


News

Principality increases max loan size at 90% LTV

August 17, 2018

The new maximum loan size will be available for both residential purchase and remortgage applications.

Landbay hires regional account manager for Midlands

August 17, 2018

Stanton has joined from Paragon, where he spent 15 years as a senior underwriter and a regional manager, working with intermediaries in the Midlands.

Bridging lending continues to surpass last year

August 17, 2018

Despite the increase the value of completions were 6.6% lower than in Q1 2018.

Blogs

Paul Hunt

Where’s Jim White?

Like Levy, trust the plan and the messages/style that has been developed and take your time to develop the plan, it will be worth it.

Mortgage Introducer

Short-term lets are here for the long haul

Buy-to-let lenders prefer the security of a tenant on an assured shorthold tenancy

Editor’s Pick



House prices in Scotland fall slightly for second month in a row

August 17, 2018

House prices in Scotland have fallen for the second month in a row, down 0.7% in June, with transactions 11% lower in the first quarter of the year than 12 months before, Your Move’s Scotland House Price Index has found.

Bank of Mum and Dad needs financial advice

August 17, 2018

Over three quarters (76%) of all parents aged 55 and over found gifting rules complicated and were concerned about making mistakes.

buy-to-let News

Landbay hires regional account manager for Midlands

August 17, 2018

Stanton has joined from Paragon, where he spent 15 years as a senior underwriter and a regional manager, working with intermediaries in the Midlands.

RLA: Don’t rush into 3-year tenancy move

August 16, 2018

There’s speculation that communities secretary James Brokenshire is backing calls to make them mandatory across England and Wales, with a consultation on longer tenancies closing on 26 August.

Mortgage Introducer

The route out of the rental market

Getting on the housing ladder is becoming increasingly difficult. As a consequence, more and more millennials find themselves perpetually trapped in an over-inflated rental market.

Paul Hunt

Truth, Share, Repeat?

If lenders can eventually update a system once which then feeds and updates everything else, that must be our goal.

Mortgage Introducer

How can advisers get lenders to improve their use of technology?

Technology seems to be becoming a hotter and hotter topic in the mortgage industry at the moment which is a good thing for a relatively new tech company like Criteria Hub.

Mortgage Introducer

Planning for a successful bridge

Planning and careful planning defines a successful bridging loan. John Hardman, head of sales at Bridging Finance Solutions, offers his thoughts and insights on the 10 key factors to consider and action:




New Zealand to ban foreign property sales

August 16, 2018

The ban applies to non-residents, while those from Australia and Singapore are exempt due to free trade deals.

Brightstar launches largest ever webinar programme

August 16, 2018

Brightstar Financial has launched its largest ever webinar programme, with nine specialist lending events throughout September, October and November.

Brokers expect landlord business to stabilise

August 15, 2018

This is the first time that intermerdiaries have forecast a stable outlook for buy-to-let since the 2015 Summer Budget when George Osborne, then Chancellor of the Exchequor, announced plans to phase out tax relief on buy-to-let mortgages.

Rob Clifford

It’s time to focus on the reality behind the rate rise

Rob Clifford, group commercial director at property specialist SDL Group, questions how meaningful an interest rate rise would be for the property market.

Paul Hunt

RIO, will we be dancing in the sand?

Pooling resources and ideas to help raise awareness within the broker market must be a sensible way to go.

Bob Hunt

Understanding product transfers

To say the first batch of product transfer data, published by UK Finance, was surprising would be something of an understatement. These are figures which the industry has been waiting many years to see and, despite some educated guesses on just how big the market might be, I’m not sure many people thought it would be in the region of £200bn-plus a year.


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