Rebekah Commane

Rebekah Commane is a mortgage reporter for Money Marketing and editor of Money Marketing’s sister title, Mortgage Strategy. She can be reached on rebekah.commane@centaurmedia.com or 020 7970 8051.

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Autumn Budget: Stamp duty scrapped for first-time buyers

Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]

House prices up 5.4% in September

UK house prices increased by 5.4 per cent in the year to September, the latest statistics from the government’s Office for National Statistics show. The figure is an increase from the 4.8 per cent rise in the year to August 2017. Month-on-month, house prices increased 0.4 per cent between August and September this year. The […]

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New home building at highest level for 9 years

The number of new homes in the process of being built is at the highest level for nine years, figures from the Department for Communities and Local Government have shown. The latest housebuilding data shows that 164,960 new homes were started in the year to June 2017, up 13 per cent on the previous year. […]

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L&G partners with lender for insurance engine launch

Legal and General has partnered with specialist buy-to-let lender Landbay to launch a ‘quoting engine’ insurance service for landlords. The new solution will be a ‘point-of-demand’ service delivered via insurance technology firm Kasko and will enable real-time quoting and underwriting of building, contents, tenant and rent guarantee insurance. The engine will be integrated with Landbay’s […]

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Skipton becomes first provider to offer cash Lifetime Isa

Skipton Building Society has confirmed that it will launch its cash Lifetime Isa on June 8, making it the first provider to offer the product. Money Marketing sister title Mortgage Strategy revealed in March that Skipton was the only lender who had signed up to offer the cash version of the product. The Lifetime Isa can […]

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Property transactions 20% higher in April, HMRC says

Property transactions in the UK fell by 3.2 per cent in the month to April but were up 20 per cent on the same month last year on a seasonally adjusted basis, according to HMRC. The year-on-year rise in transactions has been linked to the introduction of higher tax rates on additional properties in April […]

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Over one million borrowers struggling with mortgage payments

Research from L&C Mortgages finds one third of homeowners are on a standard variable rate mortgage Data from L&C Mortgages has found that 1.4 million UK households are struggling to pay their mortgage and 2.6 million people think their monthly mortgage payments are too high. A report from the mortgage adviser says over half have […]

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FCA signs co-operation deal with Hong Kong regulator

Fintech agreement latest deal to foster collaboration with foreign regulators The Financial Conduct Authority has entered into a co-operation agreement with the Securities and Futures Commission in Hong Kong to “foster collaboration in support of financial technology innovation”. Under the agreement, the FCA and SFC will co-operate on information sharing and referrals of innovative firms seeking […]

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Former Bank of England rate setter predicts rise to 3% by early 2020s

Former Monetary Policy Committee member says interests rates could jump as high as 3 per cent A former Bank of England Monetary Policy Committee member has predicted that interest rates could rise to 2 or 3 per cent by the early 2020s. Now senior economic adviser at PwC, Andrew Sentance was speaking at the Building Society Association conference […]

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Sainsbury’s Bank partners with L&G and L&C for mortgage launch

Sainsbury’s Bank has revealed details of its mortgage range, which has been launched in partnership with Legal and General Mortgage Club and London & Country Mortgages. Money Marketing sister title Mortgage Strategy last year revealed that the Bank was looking to re-enter the mortgage market in the first half of 2017, after a 12 year […]

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Trade bodies in six-way merger pick name for new organisation

The new financial trade association representing a merger of six bodies in the finance industry has been named as ‘UK Finance – Representing UK Finance and Banking’. The name for the new body comes after it was announced last year that the Asset Based Finance Association, British Bankers’ Association, Council of Mortgage Lenders, Financial Fraud Action UK, […]