News
There was good news at the start of the year that the number of advisers leaving the market has slowed significantly...
New figures from HMRC have suggested the extent to which first-time buyers are ramping up the property market in an attempt to beat the March 24 deadline for the end of the Stamp Duty exemption...
A dozen new branches are to be opened by Yorkshire Building Society over the next two years, and will also grow its agency network...
First Complete, part of the LSL group, has added PruProtect to its protection panel. This brings the total number of life companies on the panel to six, joining Ageas, Aviva, Bright Grey, Friends Life and Legal & General...
The Association of Bridging Professionals is to hold a quarterly forum on March 8 at the Electric Cinema in Notting Hill, London...
Leeds Building Society has joined Lloyds in cracking down on interest-only mortgages, whilst Abbey has announced further details...
Credit card protection policy firm CPP has suspended trading in its shares and attacked the FSA, saying that the whole future of its business is at risk because of prolonged action by the watchdog...
Gross mortgage lending declined to an estimated £10.5bn in January. Lending fell by 14% from £12...
Santander has been fined £1.5m by the FSA for not telling investors in complex structured products whether they would be entitled to compensation should the products fail...
In a burst of optimism, new sellers have raised their asking prices by 4.1% – the highest monthly increase since April 2002, and some £70,000 ahead of current actual selling prices...
A conman who bombarded banks with fraudulent mortgage applications has been jailed for seven years...
The FSA has been awarded costs after proceedings by an accountancy firm, which had refused to co-operate over a supervisory visit, were judged ‘unreasonable’...
Teachers Building Society has launched a new two-year discounted variable rate mortgage at 2.59%, available exclusively via intermediaries and with the added benefit of no early repayment charges...
A valuations subsidiary of Spicerhaart is being put into liquidation because of escalating claims against it by ‘ambulance chasers’ – even though it ceased trading five years ago...
A job advert for a trainee mortgage adviser which said no experience was necessary did not mention that applicants would have to pay for their own training...
The latest results from the long-running series of research from Paragon Mortgages has revealed that more than a third of intermediaries saw an influx of buy-to-let business in the final quarter of 2011...
A former worker for a firm of surveyors that is an affiliate member of the Association of Bridging Professionals stole over £100,000 from his employers...
FSA managing director Margaret Cole is to leave the organisation, which is in its final full year of operation...
Two ‘last bank in town’ TV adverts for NatWest and the Royal Bank of Scotland have been banned by the advertising watchdog...
Estate agents have told the Government to stop being so stubborn about the Stamp Duty break for first-time buyers, after HSBC said nine in ten FTBs had not paid the tax since the exemption began two years ago...
Leeds Building Society has launched two shared ownership mortgage products. One is a two-year product at 5...
The Council of Mortgage Lenders is calling for the Stamp Duty break for first-time buyers to be extended beyond March 24, amid fears of a springtime slump...
AToM (All Types of Mortgages) has launched a new service for intermediaries who require assistance in the bridging or short-term lending arena...
New figures show that Holloway Friendly paid 96.2% of all income protection claims in 2011, an increase on the 95...
Precise Mortgages has announced that it will be hosting an exclusive event at the London Olympics and two lucky brokers will get the chance to attend the men’s 200 metre final on August 9 with Precise Mortgages and special guests...
Asking prices for homes in England and Wales have risen 0.5% since the start of the year, despite ‘poor market fundamentals’...
Barclays is today launching a new mortgage product which takes the form of a base rate tracker with a fixed follow-on rate...
House sales edged up slightly last month as first-time buyers looked to beat the end of the Stamp Duty holiday in March, the RICS said this morning...
Enhanced equity release specialist Partnership has announced an increase in its LTV rates for the enhanced lifetime mortgage...
The FSA has once again delayed the introduction of the Approved Persons regime for mortgage sellers, amidst accusations of the regulator kowtowing to large lenders...
|
|
|
|
|
- Phil Whitehouse: Blog........
- Taxman suggests FTB uplift as overall sales rise........
- Yorkshire BS gets set for expansion........
- First Complete adds serious illness specialist to panel........
- Bridging association to discuss challenges at quarterly forum........
- More lenders crack down on interest-only loans........
- Card protection firm suspends shares as FSA action continues........
- Mortgage lending up 10% on last year........
- Santander hit with £1.5m fine........
- Home sellers raise prices in highest bounce for ten years........
