News

Consumer credit lending fell last year

The Finance & Leasing Association (FLA) has revealed that consumer credit lending fell by...

Lloyds Banking Group returns to profit

Lloyds Banking Group has posted a pre-tax profit for 2010 of £2.2 billion. This...

Patellis quits Tiuta for &quotfamily and personal reasons&quot

George Patellis has stepped down as CEO of short-term lender Tiuta plc. He cited family...

AFI offers 3.39% two-year fix

Abbey for intermediaries has unveiled a new two-year fixed rate at 3.39%. It is available...

Citylets.co.uk sees 50% rise in web traffic

Scotland's lettings portal citylets.co.uk has reported a rise in its web traffic rise by...

Tenet helps ex-Clarkson Hill advisers to get re-authorised

Tenet has announced that 15 former Clarkson Hill advisers have been granted full investment...

CHL outperforms industry on arrears

CHL Mortgages has reported continuing improvements to its arrears levels on its buy-to-let portfolio. Figures...

Cost of monthly life premiums falling

The monthly average market life insurance premium has decreased for 74% of customer profiles...

Orbiter offers Portal Group products via its sourcing system

The Portal Group has been added to online sourcing system Orbiter's secured loan sourcing...

Vision Introducer acquires MD Financial Solutions

Vision Introducer has purchased MD Financial Solutions, which it claims has created the largest...

Knight steps down from Portillion due to ill health

Mortgage industry veteran Stephen Knight is stepping down as CEO of Portillion, following diagnosis...

Rate rise more likely following third MPC hawk

Latest minutes published by the Bank of England Monetary Policy Committee (MPC) show that...

House purchase approvals 29% down year-on-year

There were 28,932 mortgages approved for house purchase in January, according to the British...

Assurant Intermediary moves to boost service proposition

Assurant Intermediary has created a client relationship team to improve service levels that brokers...

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COMMENT

Stability is not a slowdown; it’s exactly what the bridging market needs

So, according to the recent Bridging & Development Lenders Association (BDLA) figures, bridging completions fell in Q2. Cue the usual hand-wringing. The headlines landed, the...

The rise of the silver pound

UK house prices may have cooled from their peak, but affordability pressures remain acute. Even with recent adjustments to interest rates, rising property values have...

Staggering stamp duty will make it easier for people to move

A proposal to spread stamp duty land tax payments across several years, in an effort to drive growth and boost the housing market, is...

Making Digital Sales Ready properties the norm, not the exception

Digital Sales Ready listings and upfront information have the potential to transform the home buying and selling journey, creating faster, more transparent transactions with...

Supercharging affordability: a broker’s tool for unlocking complex cases

If you could choose a superpower, what would it be? The ability to see the future? To slow down time? To get every case...

Latest news

Generation X faces retirement squeeze with smaller pensions than parents

Generation X risks becoming the first cohort to retire with less financial security than...

Leasehold reforms stall as sector warns of ‘real-world consequences’

The government is under mounting pressure to accelerate leasehold reform as the body representing...

Zoopla warns cost pressures mean housing targets are at risk

The government’s flagship target to deliver 1.5m new homes over the next five years...

UTB cuts bridging loan minimum and lowers regulated rates

United Trust Bank has unveiled a package of bridging loan changes aimed at making...