View more on these topics

BSA says mortgage market on even keel

Building Society gross mortgage advances grew to £1,351m in February from £1,255m the previous month.


Approvals rose to £1,752m up from £1,291m. In the savings market, building societies attracted £302m up from £196m.


BSA director general Adrian Coles says: “The only significant difference from the picture in January is a substantial increase in the levels of approvals.”

Recommended

Zifa launches new Eagle Star pension series

Zurich IFA is launching anew pension range offering high early transfer values in a bid to meet Government stakeholder guidelines.It has launched the Eagle Star Series III range which allow planholders to switch to stakeholder in the future without being disadvantaged.The range includes individual and group personal pensions, free standing additional voluntary contributions, executive pensions […]

Private Label warns on future of remortgages

Remortgage opportunities for IFAs could disappear if the UK base rate falls to continental levels, according to mortgage packager Private Label.Private Label chief executive Stephen Knight is predicting that the UK could become similar to the &#39bland Euro-Style mortgage market&#39.He says: &#34IFAs who advise customers to take a higher fixed rate or capped rate now […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment