Building Societies

Stamp duty blamed as home moves fall to once every 21 years

Stamp duty is deterring millions of people from moving home and restricting opportunities for...

Hanley Economic launches shared ownership mortgages for foreign nationals

Hanley Economic Building Society has introduced two shared ownership mortgages for foreign nationals living...

Newcastle BS cuts residential rates and adds base rate trackers

Newcastle for Intermediaries has reduced selected residential mortgage rates by up to 0.25% and...

Swansea BS gives £10k to fund cancer nurses in Wales

Swansea Building Society has donated £10,000 to Prostate Cymru to support its campaign to...

Ecology launches 95% mortgage for Scottish first-time buyers

Ecology Building Society has launched a mortgage for first-time buyers using the Scottish government’s...

The Coventry raises first-time buyer lending limit to 6.5 times income

Coventry Building Society has increased the amount eligible first-time buyers can borrow to as...

Buckinghamshire BS introduces broker affordability calculator

Buckinghamshire Building Society has launched a residential affordability calculator intended to give mortgage brokers...

Mortgage misconceptions leave first-time buyers doubtful about their prospects

More than half of prospective first-time buyers believe securing a mortgage would be difficult,...

Darlington backs first-time buyer mortgage with pension income

Darlington Building Society has provided a residential mortgage to a first-time buyer approaching retirement...

Newcastle raises new-build Affordability Boost limit to 95% LTV

Newcastle for Intermediaries has extended its Affordability Boost proposition to eligible new-build purchases at...

Dudley Building Society publishes guide to trusts

Dudley Building Society has published a guide explaining how trusts can be used to...

Beverley BS appoints Pattinson as non-executive director

Beverley Building Society has appointed Jonathan Pattinson as a non-executive director as the mutual...

TMA adds Monmouthshire BS to lender panel

TMA Club has added Monmouthshire Building Society to its lender panel as the mutual...

Tipton cuts expat and limited company buy-to-let rates

Tipton & Coseley Building Society has reduced selected expat and limited company buy-to-let mortgage...

COMMENT

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

The new Chancellor wants to remove barriers to growth; he should start with housing

There was probably a degree of unintended irony in the Treasury choosing to call the Chancellor, John Healey’s, first major market ‘intervention’ his ‘Growth...

Latest news

FCA joins industry partners to tackle protection insurance gap

The Financial Conduct Authority is working with industry, government and consumer groups in an...

Family Building Society appoints Laura Hamp as chief financial officer

Family Building Society has appointed Laura Hamp as chief financial officer and a member...

Buy-to-let market reaches £311.6bn as sector marks 30 years

The UK buy-to-let market has grown to almost two million outstanding mortgages worth £311.6bn,...

Conveyancing Association names Nick Chadbourne as new chair

The Conveyancing Association has appointed former LMS chief executive Nick Chadbourne as its new...

PROFILES