Category: Residential Mortgages

This data is taken from analysis of Pepper Money’s mortgage completions to just under 1,000 self-employed borrowers in 2018, compared to the latest median full-time earnings published by the ONS, which puts average employed income at £29,588.

It’s a decade since the Bank of England dropped its base rate to a historic low of 0.5% – but, with no change to the current 0.75% expected this Thursday, Clifford predicted the latest announcement to be another non-event.

Undercover reporters emailed and met landlords in response to ‘free’ adverts for rooms and were told to get the free room they’d have to perform sex acts.

They said high street banks apply “tick box” methods that fail to recognise unique personal circumstances. The prime property mortgage provider surveyed more than 500 HNWs, all with a net worth over £1m, about their experiences of securing finance from banks.

Homebuyers with a 25% deposit can benefit from 10-year fixed rate of 2.49% with free standard valuation and a £495 product fee. The 10-year fix is available to remortgage customers too.

Its group profit before tax and hedging was down from £3.9m in 2017 to £3.4m and mortgage lending down from £184m in 2017 to £158m last year.

SimplyBiz is a provider of compliance services, while Defaqto is a technology company which rates 21,000 financial products and funds, licensed by 230 brands.

Over the past two and a half years, there has been a slowdown in UK house price growth, driven mainly by a slowdown in the South and East of England.

A government policy paper on the future of adult social care in England – originally due in 2017 – is still yet to be published and with a further delay announced in the Spring Statement.

From launch the client portal will offer two-way sharing of documents and a mobile optimised experience.