LATEST COVID-19 CORONAVIRUS NEWS

Large rise in stamp duty transactions

The impending stamp duty holiday deadline has led to a sharp rise in transactions,...

House prices fall by 0.3%

Nationwide has reported that January saw annual house price growth slowing for the first...

Busy end to 2020 for later life lending market

The Equity Release Council has released market figures for Q4 2020. Annual lending to new...

FCA finalises mortgage repossession guidance

The Financial Conduct Authority (FCA) has finalised its guidance on repossessions for mortgages and...

CSF: telephone account managers more important than ever

Crystal Specialist Finance (CSF) has appointed Craig Kedian as telephone account manager for the...

Fiduciam provides TVR with CBILS loan

Fiduciam has provided car manufacturer TVR through a further three-year £2 million loan, under...

Accord pulls 75% and 80% deals for 10 days

Accord Mortgages is "temporarily" withdrawing its residential products at both 75% and 80% loan...

13% fall in number of first-time buyers last year

2020 saw a fall in the overall number of first-time buyers, according to Halifax. The...

AMI hits out at FSCS levy hike

The Association of Mortgage Intermediaries (AMI) has slammed the decision by the Financial Services...

Private renters reveal pandemic worries

50% of private renters are worried about their housing situation, according to a survey...

2020 house sales down 11.5% on previous year

HMRC has estimated that the total number of UK residential transactions in December 2020...

Gatehouse Bank resumes HMO lending

Gatehouse Bank has relaunched its finance products for HMO (Houses in Multiple Occupation) purchases. The shariah-compliant...

Together expands digital valuation usage

Specialist lender Together has updated its criteria to allow more automatic property valuations . It...

ONS: November house price rise of 1.2%

The Office for National Statistics has revealed that house prices in the UK increased...

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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