LATEST COVID-19 CORONAVIRUS NEWS

NatWest IS pulls all Exclusive residential products

NatWest Intermediary Solutions has announced the withdrawal of its residential Exclusive products. The products will...

Vida Homeloans set to return following securitisation

Belmont Green, the parent company of lender Vida Homeloans, has announced the pricing of...

VAS to provide desktop valuations for existing loan books

VAS Group’s valuation management division has launched Collateral Monitoring, in order to help with...

Covid-19 causing over-60s to rethink care plans

Canada Life has reported that 55% of the million over-60s who say they are...

MCI: activity returning to pre-Covid levels

MCI Club has reported that pre-mortgage activity in June has returned to the same...

Equity release customer numbers fell 27% in Q2

The latest Market Monitor from Key has found that while homeowners aged 55+ released...

Criteria searches up 68%

Knowledge Bank’s criteria activity tracker has revealed that brokers’ searches have increased by 68%,...

“Vast majority” of brokers open for business

53% of property and commercial finance brokers responding to United Trust Bank’s most recent...

Covid’s effects on physical and mental health revealed

Research from protection provider LV= has found that lockdown has benefitted the general population’s...

Conveyancers call for Welsh govt to match Stamp Duty changes

The Conveyancing Association (CA), which represents the conveyancing industry, has today called on the...

Majority of brokers at 100% of pre-Covid capacity

53% of property and commercial finance brokers responding to United Trust Bank’s most recent...

Stamp Duty cut until March 2021

As widely predicted, the Chancellor announced a temporary cut to Stamp Duty today. Rishi Sunak...

Paragon resumes physical valuations in Scotland & Wales

Paragon Bank has announced that surveyors will recommence physical valuations of properties in Scotland...

CA provides guidance on ‘local lockdown’ house moves

The Conveyancing Association (CA) has provided member firms and affiliates with guidance on how...

COMMENT

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of recent studies have highlighted. Research from the House Buyer Bureau...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment and capitalisation rates should be prescribed under the Leasehold and...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a referral from a mate of yours. Complicated case, self-employed, bit...

It’s time to look at retention

As the summer winds down and the back-to-school routine kicks back in, I urge the industry to turn its attention to something just as...

Landlords are buying – and advisers should take note

There has been no shortage of commentary over recent years suggesting landlords are heading for the exit, buy-to-let apparently no longer works and the...

Latest news

New housebuilder registrations fall 34% from 2022 peak

The number of housebuilding companies being established in the UK has fallen by 34%...

HSBC UK to raise rates across residential and buy-to-let ranges

HSBC UK will increase rates across a range of two-year and five-year fixed mortgages...

Gilt turmoil puts fresh pressure on mortgage rates

Rising government borrowing costs are putting renewed upward pressure on UK mortgage rates as...

UK needs first primary surplus in 25 years, warns NIESR

The UK needs to run its first primary budget surplus in 25 years if...

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