LATEST COVID-19 CORONAVIRUS NEWS

FCA launches vulnerable customer guidance for firms

The Financial Conduct Authority (FCA) has published final guidance clarifying its expectations of firms...

Completions at a 10-year high

Property transactions completed in January were the highest in a decade, according to latest...

Average stamp duty saving during ‘holiday’ revealed

The stamp duty holiday is seeing homeowners in England and Wales save £11,566 on...

Q3 rebound for Help to Buy completions

The Office for National Statistics (ONS) has published Help to Buy equity loan statistics for...

Royal London paid out £13m for 2020 Covid claims

Insurer Royal London paid £13.1 million to over 2,100 customers' families for Covid-19 claims...

More adverse BTL borrowers expected

Research by Pepper Money has indicated that brokers expect to encounter more buy-to-let customers...

2020 bridging completions down 28%

Latest figures compiled by auditors from data provided by members of the Association of...

End of stamp duty holiday won’t stop portfolio expansion

Landlords still fully intend to continue purchasing rental property after the stamp duty holiday...

Credit concerns looming over renters

45% of renters surveyed for Aldermore say owning a home is a life goal...

Cost of supporting children through Covid revealed

The latest LV= Wealth and Wellbeing Monitor has found that 50% of parents with children aged...

Help to Buy legal completion date extended

The government has announced that while Help to Buy will end on 31 March...

Shawbrook ups maximum property value in AVM criteria

Shawbrook Bank has widened the criteria for its digital valuation service, to allow for...

No change from MPC amid GDP fall projection

The Bank of England’s Monetary Policy Committee (MPC) has once again voted unanimously to...

Dudley BS unveils ‘stamp duty offset’ mortgage

The Dudley Building Society has launched a mortgage aimed at purchasers who are unlikely...

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

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...

Gatehouse launches fee-free refinance products

Gatehouse Bank has launched a range of limited-edition refinance products for UK residents with...

Bank of England turns to AI and real-time mortgage data

The Bank of England is using artificial intelligence and real-time financial data, including information...

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