View more on these topics

April mortgage lending surges

Mortgage lending in April was the highest since monthly records began in June 1998, according to figures from the Council of Mortgage Lenders and Department of Environment, Transport and the Regions.

Lending increased by 5.3 per cent to £8bn in April 2001 from £7.6bn in March 2001, and up 27 per cent from £6.3bn in April 2000.

Average new mortgage rates fell by 0.25 per cent from 5.89 per cent to 5.64 per cent. The recent cuts in mortgage rates increased the popularity of variable rate mortgages, up to 73 per cent of loans in April from 69 per cent in March.

Recommended

Nationwide digs in on pricing policy

The Building Societies Association has slammed research by the Halifax which claims 52 out of 67 mutuals offer mortgage rates more expensive than High Street banks.Speaking at the BSA conference in Harrogate, BSA director general Adrian Coles said building societies were in no mood to take lessons from the UK’s biggest lender.He said: “If Halifax […]

Right cash, right hands, right time

This week, I start to look at the fundamental use of trusts in financial planning recommendations.To set the scene for the technical depth of the discussion over the next few weeks, I would like to stress that I will be concentrating on aspects of the use of trusts which should be commonplace in the majority […]

Scarborough steps & flexes

Scottish Equitable International has introduced the UK corporate bond fund.Aimed at cautious investors, the Luxembourg-based fund will invest in UK corporate bond funds that have been awarded investment grade credit ratings of between BBB and AAA by credit reference agencies such as Standard & Poor’s and Moody’s. Some of the 60 companies that the fund […]

Online information from RJ Temple

National IFA RJ Temple is launching a website which it says is designed to help consumers manage their finances and gain information rather than buy products.Visitors to www.rjtemple.co.uk can access comparative information and a free online investment valuation facility covering a range of funds.RJ Temple says online financial calculators allow people to estimate their mortgage […]

The Natixis Solution: H2O MultiReturns Fund

A product designed to bring some unique attributes to the crowded absolute return global macro space With diversification and risk management top of investors’ wish lists when it comes to alternatives, step forward the H2O MultiReturns Fund. H2O Asset Management is an independent boutique backed by Natixis Global Asset Management and has a 14-year track […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com