http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk/magazine/graphics/logo.png http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk/mortgages/self-build-sector-suffering-from-lack-of-financing/1071397.article http://www.moneymarketing.co.uk/mortgages/self-build-sector-suffering-from-lack-of-financing/1071397.article A joint report between Lloyds Banking Group and the University of York says self-builders are struggling to access finance.  Sat, 18 May 2013 09:00 GMT http://www.moneymarketing.co.uk/investments/cameron-hints-at-rbs-sale-ahead-of-election/1071239.article http://www.moneymarketing.co.uk/investments/cameron-hints-at-rbs-sale-ahead-of-election/1071239.article The prime minister has hinted he wants to sell off the Government’s stake in RBS by offering shares to voters ahead of the next election. Thu, 16 May 2013 08:21 GMT http://www.moneymarketing.co.uk/mortgages/bsa-appoints-skipton-chief-as-chairman/1070878.article http://www.moneymarketing.co.uk/mortgages/bsa-appoints-skipton-chief-as-chairman/1070878.article Nationwide’s Graham Beale has taken on the role of deputy chair. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/experts-hit-out-at-unacceptable-landlord-checks-on-immigrants/1070889.article http://www.moneymarketing.co.uk/mortgages/experts-hit-out-at-unacceptable-landlord-checks-on-immigrants/1070889.article The Government’s proposed immigration bill could see landlords fined if they house illegal immigrants. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/lloyds-cuts-850-jobs/1070930.article http://www.moneymarketing.co.uk/mortgages/lloyds-cuts-850-jobs/1070930.article The latest wave of job cuts comes after 940 job losses in January and 550 jobs in March. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/cml-repossessions-in-decline-as-btl-market-grows/1070961.article http://www.moneymarketing.co.uk/mortgages/cml-repossessions-in-decline-as-btl-market-grows/1070961.article The number of UK homes taken into possession fell 17 per cent year-on-year in the first quarter of 2013.  Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/natwest-intermediary-solutions-launches-newbuy-and-help-to-buy-mortgages/1071152.article http://www.moneymarketing.co.uk/mortgages/natwest-intermediary-solutions-launches-newbuy-and-help-to-buy-mortgages/1071152.article NatWest parent Royal Bank of Scotland has never distributed NewBuy mortgages through brokers before. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/natwest-intermediary-solutions-enters-help-to-buy-and-newbuy/1071137.article http://www.moneymarketing.co.uk/mortgages/natwest-intermediary-solutions-enters-help-to-buy-and-newbuy/1071137.article NatWest parent Royal Bank of Scotland has never distributed NewBuy mortgages through brokers before. Tue, 14 May 2013 14:15 GMT http://www.moneymarketing.co.uk/mortgages/west-brom-cuts-maximum-age-at-end-of-term-to-70/1071122.article http://www.moneymarketing.co.uk/mortgages/west-brom-cuts-maximum-age-at-end-of-term-to-70/1071122.article Building society has also relaxed its income multiples and tweaked its interest-only criteria. Tue, 14 May 2013 11:48 GMT http://www.moneymarketing.co.uk/mortgages/first-time-buyer-activity-jumps-20-in-march/1071109.article http://www.moneymarketing.co.uk/mortgages/first-time-buyer-activity-jumps-20-in-march/1071109.article A total of 19,100 loans, worth £2.4bn, were advanced to first-time buyers in March. Tue, 14 May 2013 09:44 GMT http://www.moneymarketing.co.uk/mortgages/rics-help-to-buy-boosts-new-buyer-mortgage-inquiries/1071100.article http://www.moneymarketing.co.uk/mortgages/rics-help-to-buy-boosts-new-buyer-mortgage-inquiries/1071100.article Inquiries by new buyers up to their highest level since November 2009, according to an industry poll. Tue, 14 May 2013 08:30 GMT http://www.moneymarketing.co.uk/mortgages/melton-mowbray-opens-up-95-ltv-range-to-all-homebuyers/1071086.article http://www.moneymarketing.co.uk/mortgages/melton-mowbray-opens-up-95-ltv-range-to-all-homebuyers/1071086.article High LTV products were previously only available to first-time buyers. Mon, 13 May 2013 16:01 GMT http://www.moneymarketing.co.uk/group-business/lloyds-chairman-sir-win-bischoff-to-step-down/1071003.article http://www.moneymarketing.co.uk/group-business/lloyds-chairman-sir-win-bischoff-to-step-down/1071003.article Bischoff says he has accomplished the task of stabilising the bank.  Mon, 13 May 2013 08:16 GMT http://www.moneymarketing.co.uk/mortgages/former-cml-chief-predicts-help-to-buy-mig-will-fail/1070721.article http://www.moneymarketing.co.uk/mortgages/former-cml-chief-predicts-help-to-buy-mig-will-fail/1070721.article The Government has yet to confirm the details of how its £130bn guarantee scheme will work. Fri, 10 May 2013 08:30 GMT http://www.moneymarketing.co.uk/group-business/the-co-op-bank-may-need-taxpayer-support/1070932.article http://www.moneymarketing.co.uk/group-business/the-co-op-bank-may-need-taxpayer-support/1070932.article Co-operative Bank chief executive Barry Tootell has quit with immediate effect as Moody’s warns the bank faces significant losses.  Fri, 10 May 2013 08:27 GMT http://www.moneymarketing.co.uk/mortgages/lloyds-cuts-850-jobs/1070909.article http://www.moneymarketing.co.uk/mortgages/lloyds-cuts-850-jobs/1070909.article Latest wave of job cuts at the bank follows 940 job losses in January and 550 in March. Thu, 9 May 2013 15:20 GMT http://www.moneymarketing.co.uk/mortgages/repossessions-fall-17-in-q1/1070869.article http://www.moneymarketing.co.uk/mortgages/repossessions-fall-17-in-q1/1070869.article In the first quarter there were 8,000 repossessions, compared with 9,600 in Q1, 2012. Thu, 9 May 2013 11:17 GMT http://www.moneymarketing.co.uk/mortgages/bsa-appoints-skipton-chief-as-its-new-chairman/1070860.article http://www.moneymarketing.co.uk/mortgages/bsa-appoints-skipton-chief-as-its-new-chairman/1070860.article Nationwide’s Graham Beale takes on role of deputy chair. Thu, 9 May 2013 10:35 GMT http://www.moneymarketing.co.uk/mortgages/boi-borrowers-in-fresh-call-for-fca-to-act-over-rate-rise/1070532.article http://www.moneymarketing.co.uk/mortgages/boi-borrowers-in-fresh-call-for-fca-to-act-over-rate-rise/1070532.article A class action has received “very positive” legal opinion that the rate rise on Bank of Ireland tracker mortgages is unfair. Thu, 9 May 2013 00:00 GMT http://www.moneymarketing.co.uk/regulation/former-mortgage-broker-to-stand-trial/1070576.article http://www.moneymarketing.co.uk/regulation/former-mortgage-broker-to-stand-trial/1070576.article Michael Joseph James Lewis has been committed for trial over 13 counts including assisting a fraud by false representation. Thu, 9 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/matthew-wyles-joins-castle-trust/1070712.article http://www.moneymarketing.co.uk/mortgages/matthew-wyles-joins-castle-trust/1070712.article Former Nationwide group distribution director Wyles was CML chairman between 2009 and 2010. Thu, 9 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/citizens-advice-slams-payday-lenders-for-lack-of-affordability-checks/1070766.article http://www.moneymarketing.co.uk/mortgages/citizens-advice-slams-payday-lenders-for-lack-of-affordability-checks/1070766.article Lenders did not check if loan was affordable in two-thirds of cases. Thu, 9 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/barclays-in-bid-to-boost-new-build-market-share/1070665.article http://www.moneymarketing.co.uk/mortgages/barclays-in-bid-to-boost-new-build-market-share/1070665.article Money Marketing understands the lender is looking to increase its maximum LTV on new-builds. Wed, 8 May 2013 15:00 GMT http://www.moneymarketing.co.uk/mortgages/surveyors-warn-of-buying-delays-as-sector-faces-a-numbers-crisis/1070817.article http://www.moneymarketing.co.uk/mortgages/surveyors-warn-of-buying-delays-as-sector-faces-a-numbers-crisis/1070817.article Countrywide financial services director Nigel Stockton: “We are already seeing a problem with lack of surveyors.” Wed, 8 May 2013 13:11 GMT http://www.moneymarketing.co.uk/mortgages/bsa-chairman-help-to-buy-should-not-become-permanent-feature-of-the-mortgage-market/1070804.article http://www.moneymarketing.co.uk/mortgages/bsa-chairman-help-to-buy-should-not-become-permanent-feature-of-the-mortgage-market/1070804.article David Webster: “If banks were open for business like building societies Help to Buy would be redundant”. Wed, 8 May 2013 11:30 GMT http://www.moneymarketing.co.uk/mortgages/hsbc-gross-mortgage-lending-down-10-in-q1/1070762.article http://www.moneymarketing.co.uk/mortgages/hsbc-gross-mortgage-lending-down-10-in-q1/1070762.article Gross mortgage lending down from £3.1bn in Q1 2012 to £2.8bn in Q1 this year. Tue, 7 May 2013 14:55 GMT http://www.moneymarketing.co.uk/mortgages/help-to-buy-could-spark-30-surge-in-house-prices/1070754.article http://www.moneymarketing.co.uk/mortgages/help-to-buy-could-spark-30-surge-in-house-prices/1070754.article Economists have labelled the Government’s mortgage indemnity guarantee scheme “reckless”. Tue, 7 May 2013 13:43 GMT http://www.moneymarketing.co.uk/mortgages/citizens-advice-slams-payday-lenders-for-lack-of-affordability-checks/1070720.article http://www.moneymarketing.co.uk/mortgages/citizens-advice-slams-payday-lenders-for-lack-of-affordability-checks/1070720.article Lenders did not check if loan was affordable in two-thirds of cases, according to CAB. Tue, 7 May 2013 11:10 GMT http://www.moneymarketing.co.uk/mortgages/matthew-wyles-joins-castle-trust/1070700.article http://www.moneymarketing.co.uk/mortgages/matthew-wyles-joins-castle-trust/1070700.article Former Nationwide group distribution director Wyles was CML chairman between 2009 and 2010. Tue, 7 May 2013 09:30 GMT http://www.moneymarketing.co.uk/regulation/former-mortgage-broker-to-stand-trial/1070550.article http://www.moneymarketing.co.uk/regulation/former-mortgage-broker-to-stand-trial/1070550.article Michael Joseph James Lewis has been committed for trial over 13 counts including assisting a fraud by false representation. Thu, 2 May 2013 13:11 GMT http://www.moneymarketing.co.uk/politics/govt-to-accelerate-plans-for-rbs-and-lloyds-sell-off/1070530.article http://www.moneymarketing.co.uk/politics/govt-to-accelerate-plans-for-rbs-and-lloyds-sell-off/1070530.article Those close to the chancellor are accelerating efforts to prepare for a reprivatisation of taxpayer-funded RBS and Lloyds. Thu, 2 May 2013 10:49 GMT http://www.moneymarketing.co.uk/mortgages/fca-sets-out-proposals-for-handling-interest-only-borrowers/1070401.article http://www.moneymarketing.co.uk/mortgages/fca-sets-out-proposals-for-handling-interest-only-borrowers/1070401.article The FCA says lenders need to detail the number of interest-only borrowers at risk of not being able to repay their loans and produce a formal plan for how to deal with them. Thu, 2 May 2013 08:00 GMT http://www.moneymarketing.co.uk/mortgages/fca-no-evidence-of-widespread-misselling-of-interest-only-loans/1070483.article http://www.moneymarketing.co.uk/mortgages/fca-no-evidence-of-widespread-misselling-of-interest-only-loans/1070483.article Only 13 per cent of borrowers say they did not know they needed a repayment plan when they took out their loan. Thu, 2 May 2013 08:00 GMT http://www.moneymarketing.co.uk/mortgages/lenders-commit-to-targeted-interest-only-communications-campaign/1070491.article http://www.moneymarketing.co.uk/mortgages/lenders-commit-to-targeted-interest-only-communications-campaign/1070491.article The CML says lenders recognise they have a valuable role to play in helping their customers to plan ahead. Thu, 2 May 2013 08:00 GMT http://www.moneymarketing.co.uk/mortgages/fca-estimates-48-of-interest-only-borrowers-will-have-a-shortfall/1070496.article http://www.moneymarketing.co.uk/mortgages/fca-estimates-48-of-interest-only-borrowers-will-have-a-shortfall/1070496.article FCA expects the average shortfall to be £71,850. Thu, 2 May 2013 08:00 GMT http://www.moneymarketing.co.uk/mortgages/call-for-ban-on-auto-enrolment-consultancy-charging/1070085.article http://www.moneymarketing.co.uk/mortgages/call-for-ban-on-auto-enrolment-consultancy-charging/1070085.article Work and pensions select committee chair Anne Begg says neither active member discounts or consultancy charges can be justified. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/fca-bans-two-brokers-over-fraudulent-mortgage-applications/1070337.article http://www.moneymarketing.co.uk/mortgages/fca-bans-two-brokers-over-fraudulent-mortgage-applications/1070337.article bDouglas Jones of Which Mortgage has been banned and fined £13,300. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/halifax-to-pay-ftb-stamp-duty-on-homes-up-to-250k/1070382.article http://www.moneymarketing.co.uk/mortgages/halifax-to-pay-ftb-stamp-duty-on-homes-up-to-250k/1070382.article Halifax Intermediaries has offered to pay full stamp duty bills for first-time-buyers on properties worth up to £250,000. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/boi-borrowers-push-ahead-with-class-action-against-rate-hike/1070473.article http://www.moneymarketing.co.uk/mortgages/boi-borrowers-push-ahead-with-class-action-against-rate-hike/1070473.article The Bank of Ireland is raisng rates for buy-to-let borrowers on tracker mortgages by 2.74 per cent today. Wed, 1 May 2013 13:06 GMT http://www.moneymarketing.co.uk/mortgages/judge-dismisses-mortgage-misselling-case-as-client-was-negligent/1070451.article http://www.moneymarketing.co.uk/mortgages/judge-dismisses-mortgage-misselling-case-as-client-was-negligent/1070451.article The court found although the broker breached his duties, the client was “guilty of contributory negligence”. Wed, 1 May 2013 09:58 GMT