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Equity release sector achieves record first quarter

24 April 2015 10:12 am | By Paul Thomas

Total lending reached £325.7m in the first three months of the year, up 3 per cent on Q1 2014.


Aldermore management probed ahead of float

24 April 2015 8:48 am | By Natalie Holt

Regulator raised concerns over whether pressure from a dominant shareholder led to the chairman leaving.


Broker facing jail for role in £700,000 fraud

23 April 2015 11:41 am | By Valentina Romeo

Marcus Copeland admitted fraud and deception charges.

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Aldermore joins the Help to Buy equity loan scheme

23 April 2015 10:38 am | By Paul Thomas

The lender is offering a two-year fixed rate at 3.98 per cent, with a maximum LTV of 75 per cent.


Lending rises year-on-year for the first time in 5 months

23 April 2015 9:56 am | By Paul Thomas

CML figures show lending was up 7 per cent year-on-year in March.

Colin Snowdon

Sainsbury's brings in Colin Snowdon as it eyes mortgage launch

22 April 2015 4:44 pm | By Paul Thomas

Sainsbury’s Bank has brought in Colin Snowdon as a consultant to investigate a possible launch into mortgage lending.

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BoE admits it is 'uncertain' what will happen to base rate

22 April 2015 10:43 am | By Paul Thomas

MPC voted unanimously to keep base rate at 0.5 per cent in April.


Brokers predict surge of sub-2% five-year fixes in wake of HSBC move

22 April 2015 9:32 am | By Paul Thomas

Brokers expect to see more lenders launching sub-2 per cent five-year fixed rates in a frantic attempt to hit their lending targets

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Moneyfacts: B2L going through 'renaissance' as rates tumble

21 April 2015 3:27 pm | By Paul Thomas

Average buy-to-let fixed rates have fallen by up to 50 basis points over the past year.

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Guy Batchelor to leave Countrywide this month

21 April 2015 1:51 pm | By Paul Thomas

Batchelor joined Countrywide in October 2008.

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Lib Dems would allow councils to double tax on second homes

21 April 2015 10:19 am | By Mark Sands

Local authorities could hike council tax by up to 200 per cent on second homes under Lib Dem plans.

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Peter Curran to join Countrywide

20 April 2015 1:07 pm | By Paul Thomas

Lloyds director of strategic partnerships Peter Curran is set to leave on 30 April.

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HSBC 'reignites the price war' with 1.99% 5-year fix

20 April 2015 9:53 am | By Paul Thomas

Product is the first-ever five-year fixed rate below 2 per cent.

Comments (2)


CML chairman urges next Govt to solve housing crisis 'once and for all'

17 April 2015 1:37 pm | By Paul Thomas

Council of Mortgage Lenders chairman Moray McDonald has urged the next Government to sort out the housing crisis “once and for all”.

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Lenders warned over TCF after FOS maximum mortgage age ruling

17 April 2015 9:30 am | By Tessa Norman

FOS upholds complaint against HSBC for rejecting a mortgage application based on age. 

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Tory 'Right to Buy' extension slammed by political rivals

17 April 2015 9:18 am | By Mark Sands

Rival politicians have rounded on Conservative plans to extend discount schemes to housing association tenants.


Surveyors warn of 'very real housing crisis'

16 April 2015 11:53 am | By Paul Thomas

Surveyors have urged the next Government to address the shortage of housing stock as a matter of urgency as they report increasing growth in house prices.


CML: Election uncertainty 'dampening' lending

14 April 2015 12:09 pm | By Paul Thomas

House purchase and remortgage lending down year-on-year in February; buy-to-let lending up.


UK dodges deflation, for now

14 April 2015 10:56 am | By Laura Suter

Core inflation dropped to nine-year low.


Tories pledge to extend Right to Buy

14 April 2015 8:50 am | By Mark Sands

Conservatives would offer 1.3m housing association tenants the chance to buy their home. 

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UK house prices set to outstrip London for first time in 6 years

13 April 2015 4:03 pm | By Paul Thomas

London prices predicted to drop 3.6 per cent in 2015.

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GE Money Home Lending put up for sale

13 April 2015 11:08 am | By Paul Thomas

Parent company GE Capital plans to concentrate on its industrial and manufacturing businesses.

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FOS rules against HSBC over rejecting mortgage based on age

13 April 2015 8:48 am | By Natalie Holt

Complaint has been upheld against the bank in the first case of its kind.

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Lib Dems unveil £2,000 'Help to Rent' loans plan

10 April 2015 11:57 am | By Mark Sands

The Lib Dems will offer up to £2,000 in government loans to renters under plans announced today.

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BoE holds base rate at 0.5% for 73rd month

9 April 2015 12:16 pm | By Mark Sands

The Bank of England has again voted to maintain base rates and current quantitative easing programmes.

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Trade body questions Labour house building plans

9 April 2015 8:30 am | By Mark Sands

Labour plans to fund house-building through Help to Buy Isas have raised eyebrows among trade bodies.


Surveyors foresee return of valuation delays after election

8 April 2015 8:28 am | By Paul Thomas

Surveyors predict the return of widespread valuation delays if there is an expected boost in activity after the general election

Axis Bank logo

Axis Bank UK set to launch later this month

7 April 2015 10:05 am | By Paul Thomas

Buy-to-let lender will have rates starting from 3.79 per cent.


Bank predicted to hold rates at 0.5%

7 April 2015 9:02 am | By Laura Suter

Economists predict no rise in interest rates.

Comments (1)


Nationwide stops new lending where income is in foreign currency

1 April 2015 12:39 pm | By Paul Thomas

Nationwide has stopped lending to new borrowers who get paid in a foreign currency.

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Sesame building blocks.jpg

Close Sesame: What next for Sesame Bankhall members?

1 April 2015 8:55 am | By Natalie Holt

The UK’s largest advice network will soon be a network no more. 

Comments (7)


Shawbrook Bank valued at £725m in IPO

1 April 2015 8:25 am | By Tessa Norman

Specialist lender plans to raise £90m. 


Barclays loosens LTI criteria

31 March 2015 4:01 pm | By Paul Thomas

Barclays has loosened its loan-to-income criteria for consumers taking out loans over £300,000.

Comments (2)


Sesame to scrap investment advice network

31 March 2015 11:00 am | By Natalie Holt

UK’s largest advice network to restructure to focus on mortgages and DA business.

Comments (13)


BoE: Mortgage approvals down 11%

30 March 2015 4:25 pm | By Paul Thomas

Mortgage approvals were down 11 per cent year-on-year in February, according to figures published today by the Bank of England.

Comments (1)


Brokers braced for more rate cuts following 0% inflation landmark

30 March 2015 10:20 am | By Paul Thomas

Brokers are bracing themselves for further rate cuts as zero inflation keeps a lid on fixed rate pricing

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'Bad day for consumers': FCA publishes final credit directive rules

27 March 2015 1:39 pm | By Paul Thomas

Lenders will be forced to apply affordability checks on remortgage customers coming from rivals.

Comments (11)


Michael Bolton eyeing lending opportunities with new firm

26 March 2015 3:27 pm | By Paul Thomas

Former Edeus chief executive finished working with Clayton Euro Risk this week.

Peter Brodnicki

Mortgage Advice Bureau increases profit by 31%

26 March 2015 10:43 am | By Paul Thomas

Adviser numbers up 22 per cent.


House price optimism bounces back

25 March 2015 1:16 pm | By Paul Thomas

But 43 per cent of borrowers believe mortgage rates will be higher in a year than they are now.

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