Sky News reports that Virgin Money could launch its shares on the stock exchange as early as October.
Mortgage Strategy in-depth
In an era of tougher affordability, something has to give. That something is mortgage terms, but does this mean we are sowing the seeds of the next big ‘ticking timebomb’?
In Mortgage Strategy’s new quarterly survey, a panel of brokers and networks rank the biggest lenders over the last three months
Equity release providers could be hit hard by Government reforms allowing 55-year-olds to access their pension pots. Can the MMR provide some back-up or is it all doom and gloom?
The old adage that “rules are for the guidance of wise men and the obedience of fools” has never been more appropriate.
FCA-regulated firms now have lawyers and compliance specialists crawling all over the consumer credit rules
Loan-linked insurance cover is never, as providers may claim, free as someone always bears the liability.
We have entered a world where important decisions are being made for us.
Not all commercial judgements are sensible or even well thought through and the end result can be detrimental to one or more parties
The rules which cover how lenders calculate affordability take a pragmatic approach to assessing borrowers’ spending. It is a shame that some lenders appear not to be following them
It is too early for dramatic interventions aimed primarily at impressing voters.
Whenever I speak to the regulator I always make them aware of the law of unintended consequences.
Buy to Let Watch
The sector is on track to exceed £25bn of lending this year with a huge increase in available products despite static lender numbers
New research shows that buyers are no longer willing to pay inflated prices, especially with interest rate rises on the horizon