FEATURED NEWS

Investors avoid 3% stamp duty surcharge after court ruling

March 19, 2019

Paul and Nikki Bewley bought a bungalow in Weston-super-Mare for £200,000 in January 2017, which was found to have issues with asbestos and central heating. The building was demolished with a new home being built in its place.

Modular housing factory opens in Cheshire

March 19, 2019

The factory, which is 50,000 square feet, will help complete London’s first modular commuter village being constructed in Corby, Northamptonshire.


News

Jon King steps down as chairman of Bower Retirement Services

March 18, 2019

Bower Retirement said that during this time the industry and Bower Retirement have seen many changes. King has helped to steer the growth and strategic direction of the company but now the time has come for a change. He will be leaving Bower from March 2019.

Sluggish house price growth led by Wales

March 18, 2019

The Your Move House Price Index showed that price growth was led by Wales, where it increased by 3% annually.

Masthaven Bank hires BDM for the Midlands

March 18, 2019

Quinn joins from Secure Trust Bank where he was BDM for the bank’s central region. Prior to this, he was BDM at West Bromwich Building Society. Quinn is replacing Harriet Smith who recently joined Crystal Specialist Finance.

Online letting community to pay outgoing tenants to find their replacement

March 18, 2019

They will pay tenants up to one week's rent for liaising with prospective renters and carrying out viewings.

Blogs

Mortgage Introducer

A round-up of the Annual Review of the HM Treasury Women in Finance Charter

It was fantastic to hear how the Charter has extended its reach to cover over 800,000 financial services personnel.

Mortgage Introducer

Could a no deal Brexit result in money launderers targeting the UK?

Martin Cheek (pictured) is managing director of SmartSearch Not only is money laundering a crime in itself, but it is an enabler for more serious crime. The…


Paradigm launch guide for FCA’s Senior Managers and Certification Regime

March 18, 2019

The SM&CR is already in place in the banking industry, from March 2016, and came into force for product providers in December 2018. As it stands, advisory firms are currently regulated under the FCA’s Approved Persons Regime, however this will be replaced by the SM&CR from the 9 December 2019.

East London speeds ahead of West London in rental growth race

March 18, 2019

Of the nine East London boroughs, the average cumulative rental growth since January 2012 is 21.41%, with typical rents now standing at £1,241 per month. Leading the race are Barking & Dagenham (27.66%), Waltham Forest (23.56%), and Bexley (22.02%).

Aspen’s service praised and loan sizes questioned in broker survey

March 18, 2019

At present the business has a maximum loan size of £1.5m for portfolios and £1m on single properties and 48% said the £1.5m figure was too low.

buy-to-let News

Investors avoid 3% stamp duty surcharge after court ruling

March 19, 2019

Paul and Nikki Bewley bought a bungalow in Weston-super-Mare for £200,000 in January 2017, which was found to have issues with asbestos and central heating. The building was demolished with a new home being built in its place.

Masthaven Bank hires BDM for the Midlands

March 18, 2019

Quinn joins from Secure Trust Bank where he was BDM for the bank’s central region. Prior to this, he was BDM at West Bromwich Building Society. Quinn is replacing Harriet Smith who recently joined Crystal Specialist Finance.

Mortgage Introducer

Lessons brokers can learn from ‘Tidying up with Marie Kondo’

While Marie Kondo primarily focuses on the home, there may be some important lessons here for brokers too.

Mortgage Introducer

There’s a complacency around giving baby boomers advice

We’re left with large numbers of individuals who could undoubtedly benefit from financial advice, not seeking it.

Mortgage Introducer

Second home mortgages may not be as niche as you think

Lisa Buckley, head of marketing and mortgage sales at Leek United, outlines the opportunities for second home mortgages and how a second home can be a useful asset when planning for the future.

Mortgage Introducer

We need to drive positive change in the mortgage industry

You could say I simply fell in to the mortgage industry, which I have come to love and am proud to be part of.


Online letting community to pay outgoing tenants to find their replacement

March 18, 2019

They will pay tenants up to one week's rent for liaising with prospective renters and carrying out viewings.

East London speeds ahead of West London in rental growth race

March 18, 2019

Of the nine East London boroughs, the average cumulative rental growth since January 2012 is 21.41%, with typical rents now standing at £1,241 per month. Leading the race are Barking & Dagenham (27.66%), Waltham Forest (23.56%), and Bexley (22.02%).

Barclays to refresh resi and buy-to-let ranges

March 18, 2019

With residential products the lender will launch a 2-year fix at 1.86% to 60% LTV with no product fee.

Mortgage Introducer

Intergenerational wealth: an opportunity to be embraced

With so much wealth transferring between generations, these conversations are more important than ever before.

Mortgage Introducer

Does your client retention policy need revisiting?

There are many cost-effective systems which can automate much of the work.

Mortgage Introducer

We need more women in mortgages – how do we do it?

We have to shout louder at the younger generations of women about the career opportunities available to them in financial services.