News Archive

Nearly 40% of tenants who are trying to escape being part of today’s ‘Generation Rent’ could become home-buyers when the 95% Help to Buy scheme is implemented in January...

More buy-to-let landlords are choosing fixed-deal mortgages, says specialist firm TBMC. Landlord borrowers are also going for slightly higher-quantity loans, and their favourite properties are terrace houses and flats...

Shawbrook Bank made underlying profits of £2.6m last year, it has announced, despite an accounting loss before tax of £7...

A peer-to-peer lending scheme has been launched, providing loans for overseas buyers of rental property in the UK who cannot get mortgages...

Bridgebank Capital has announced the appointment of Claire Pender as its new Head of Marketing. Claire has joined Bridgebank Capital at an exciting time for the company, following the recently announced major investment and growth plans...

House purchase lending rose 2% in April, one of the industry’s most accurate forecasters has predicted...

Mortgage network First Complete has marked its third birthday under the ownership of LSL Property Services with its most successful month ever, both in terms of the number of mortgages written and in terms of volume...

Paradigm Mortgage Services has been named as the new directly authorised and network intermediary distribution partner for Metro Bank...

The Mortgage Advice Bureau, whose 500-strong network operates almost entirely out of estate agents’ offices, has announced a record pre-tax group profit of £2...

The owners of Foxtons, including mortgage business Alexander Hall, are getting ready to sell or float the company, a Sky News report has claimed It says that BC Partners, the US private equity firm which regained control of London-based Foxtons last year, is looking to hire investment bankers this month to advise on strategic options for the business...

NatWest Intermediary Solutions is today launching a number of deals, including its lowest-ever two-year fixed 60% LTV mortgage at 1...

House prices stood at an average of £166,094 in April, the Halifax has reported. It says this represents a monthly increase of 1...

A former chairman of the CML has joined shared equity mortgage firm Castle Trust. Matthew Wyles, who was group distribution director at Nationwide Building Society until last September and chaired the CML between 2009 and 2010, has been appointed senior adviser at Castle Trust...

A TV advert for a payday loan company featuring troubled celebrity Kerry Katona resulted in complaints to the advertising watchdog...

The Help to Buy 95% mortgage scheme to be introduced in January has come under renewed attack. Fathom Consulting, which is run by former Bank of England economists, has warned of a dangerous new housing bubble...

There is a growing level of interest from advisers in the equity release sector and the solution it could potentially offer older clients...

Mortgage Intelligence is launching a series of training academies for brokers, designed to give them the skills and knowledge they need to increase their business...

Property prices across England and Wales stand at an average of £234,962, according to latest Land Registry data which is available to purchase...

Wednesday 1st May proved to be a sunny day down by London’s picturesque embankment. Regentsmead, the UK’s leading provider of development finance, teamed up with the NACFB to host what proved to be an immensely successful seminar for brokers with a view to enhancing their opportunities in the development finance sector...

Bridgebank Capital has announced that it has successfully secured a major new line of funding of potentially up to £100 million from funds managed by Pamplona Capital Management, an investment management firm with funds under management in excess of $7 billion...