News Archive

The FSA has announced its farewell Annual Funding Requirement for the coming financial year – an inflation-busting increase of 15...

Many home owners who want to trade up the housing ladder are being hit harder than first-time buyers, the Council of Mortgage Lenders has said...

Lloyds Banking Group is raising LTVs on mortgages for selected new-build houses from 80% to 90%. The new limit does not apply to apartments, where the maximum LTV remains at 80%...

Manchester-based debt management company The Debt Advisor has joined forces with SimplyBiz Mortgages...

Further to Bridgebank Capital’s recent announcement of the appointment of Emma Hodson as their new Head of Marketing, and as part of their continued expansion, Bridgebank Capital are delighted to announce further staff growth in line with their continued business expansion...

The mortgage indemnity scheme originally intended for first-time buyers is to be extended to all UK buyers of new homes at up to £500,000...

Struggling home owners who benefit from State aid to cover their mortgage interest payments should have the amount assessed according to their own individual mortgage...

The Financial Ombudsman Service is to press ahead with plans to include the names of firms when it publishes its decisions, despite concerns from businesses...

There are now six mortgage lenders offering a total of 21 buy-to-let mortgages with LTVs of 80%. According to data from Mortgage Flow, specialist broker Mortgages for Business’s buy-to-let mortgage sourcing tool, the six now offering 80% LTV or above are Kent Reliance Banking Services, Saffron Building Society, Leeds Building Society, Aldermore Mortgages and as of today, Clydesdale Bank...

The FSA has fined the former chief executive of JC Flowers & Co UK, Ravi Shankar Sinha, £2...

Lending secured on dwellings rose by £0.7bn in December to £13bn, just 0.8% up on the previous year, new figures from the Bank of England show...

New warnings have been issued about properties at risk of flooding which could be both uninsurable and un-mortgageable within months...

Legal & General’s Mortgage Club has launched two new 95% LTV deals for loans of up to £250,000...

The Mortgage Advice Bureau has signed an exclusive deal to support Police Mutual  in providing its members with whole of market mortgage advice...

Most claims for mis-sold payment protection insurance are being made through 'ambulance chasing' claims management companies...

A leading solicitor has claimed that a brave new world is emerging in the conveyancing sector. Eddie Goldsmith, partner at Goldsmith Williams, believes HSBC’s recent panel announcement is just the beginning of a shift in the way legal services will operate...

A man who amassed millions of pounds through a mortgage fraud scam has been stripped of his fortune following a Proceeds of Crime Act hearing...

Although mortgage payments have fallen to their lowest since 2003, inflation has made it harder for first-time buyers to get a foot on the housing ladder than during the 2009 recession...

Sellers and buyers are staying away from the market, the Hometrack report revealed this morning, as sales fall away...

Sesame Bankhall Group achieved a 13.8% share of the mortgage market last year with its PMS and Sesame networks...