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Category: Residential Mortgages

complaints

The bank took 11,606 complaints, followed by Santander (7,331), HSBC (6,296), so-called ‘bad bank’ NRAM which split from Northern Rock in 2010 (6,107) and Barclays (5,740).

Its executive director Peter Williams told the PRA to take into account how its actions will impact the supply of property and levels of rent.

CML: PRS decline a blip

Writing on the trade body’s website, he responded to the English Housing Survey which found that the number of households in the private rental sector fell by 100,000 in 2014-15.

The South East saw the second highest increase at 10.9% followed by the East (9.8%) and the South West (6.7%).

stamp duty

The cost of stamp duty

Landlords in 13% of the country will be paying stamp duty for the first time since their properties are worth less than £125,000.

Consumers can use the service to see if they can get a cheaper deal with Lloyds and then get an agreement in principle in minutes.

In February the National Association of Estate Agents reported 463 house hunters registered per branch, the highest number since August 2004.

The Conservatives last tried to privatise the property transaction agency in July 2014 but the move was blocked by the Liberal Democrat’s Vince Cable who was then business secretary.

The new products include lifetime trackers above the base rate by 2% to 60% LTV, 2.5% to 75% LTV and 3% to 85% LTV.

Safe Move Scheme is a service preventing deposits from being stolen by cyber criminals and is operated by BE Consultancy.