News Archive

Income protection provider Holloway Friendly has upgraded its IT systems to make quotations and applications quicker and easier for advisers...

Bridging company Hope Capital is to offer a 1.5% procuration fee to all brokers on bridging cases completed before the end of May...

Angels Media, publisher of Letting Agent Today and Estate Agent Today, has set up a new social media wing...

Manx Financial Group PLC, the Isle of Man based diversified financial services group including the wholly-owned licensed banking subsidiary Conister Bank Limited ("Conister Bank"), continues to extend its UK distribution network through regional partnering arrangements...

Agreement has finally been reached on the European Mortgage Directive – letting the UK buy-to-let mortgage market off the hook...

Islamic Bank of Britain, the UK’s only wholly Sharia compliant retail bank, has lowered the rental rate for its buy-to-let products...

United Trust Bank has said it ‘ready and able’ to help borrowers, including buy-to-let landlords, refinance after being told by their existing lenders to repay their facilities or agree to harsh new terms...

Aldermore is giving mortgage borrowers the option to add completion and electronic transfer fees to their loans...

Consumers would like more mortgage lenders to challenge the big six, and four out of five (82%) would like it to be made easier for new entrants to get into the market...

The importance of lenders doing regular stress tests on all individual mortgage borrowers should not be underestimated, an industry figure has said...

The proportion of owner-occupied homes in England and Wales has fallen to 64%, say new figures analysed from the latest Census conducted in 2011...

Century 21 has a new owner in the UK. Shepherd Direct has acquired the licence to operate the Century 21 estate agency and lettings brand through the UK, Channel Island, Gibraltar and Isle of Man...

Santander UK is today starting to send out letters to over 270,000 borrowers inviting them to complain about action the bank took five years ago...

The 95% mortgage scheme being launched under the Help to Buy flag in January could have serious and unintended consequences, MPs have warned...

The Council of Mortgage Lenders has come under fire after issuing upbeat data which grabbed headlines but which critics say is misleading...

More and more buy-to-let borrowers are turning to bridging loans because they are being shut out by high street lenders...

The Office of Fair Trading has launched an inquiry into ‘quick sale’ companies, saying that desperate sellers are in danger of being misled...

A £38m contract aimed at modernising and growing the credit union industry has been awarded to the Association of British Credit Unions...

Eight men have been charged over land banking by the Financial Conduct Authority (FCA). One of the eight, a solicitor, has also been charged with money laundering...

Housing transactions will not reach the million mark this year – and are unlikely to do so for some time...