news
This section is dedicated to bringing you the latest news from the financing industry.....
Boost to brokers as HBoS increases direct rates
Click here for the full articleMortgage Solutions understands HBoS is to increase the interest rates it charges on direct deals, closing the gap between direct and introduced business to around 25 basis points. ...
Government pledges £10m support for home owners
Click here for the full articleA new £10m package of measures to support home owners facing difficulties with their mortgage has been unveiled by the Government. ...
My Home Move reports industry pessimism
Click here for the full articleA survey of attendees at conveyancing firm My Home Move's annual conference revealed that optimism in the industry was very low, with only 12% of attendees confident over the markets prospect for the coming year. ...
Acadametrics reports second month of falls
Click here for the full articleAcadametrics has reported that house prices in England and Wales fell by 0.2% in April, the second consecutive month of price falls. ...
AMI and AFB unveil Expo programme
Click here for the full articleThe Association of Mortgage Intermediaries (AMI) and the Association of Finance Brokers (AFB) have published details of the topics to be covered in their seminar programme at Mortgage Business Expo Manchester. ...
Easier2Move backs HIPs extension
Click here for the full articleRobin Marcus, director of conveyancing firm Easier2Move (E2M), has backed the Communities and Local Governments (CLG) decision to extend first day marketing on home information packs (HIPs) until the end of the year: ...
RBS reduces rates on two products
Click here for the full articleFrom today, RBS Intermediary Partners has reduced the initial rates on two of its fixed rate purchase mortgages. ...
New MD for L&G's GI business
Click here for the full articleLegal & General (L&G) has announced the appointment of Peter Graham as managing director of L&G's general insurance business. ...
New range at A&L
Click here for the full articleAlliance & Leicester (A&L) has launched a new range of mortgage products, which will be available via brokers, branches and its call centre. ...
Cheshire pulls two broker products
Click here for the full articleCheshire Building Society is to withdraw two broker products from 5pm today. ...
Boost to brokers as HBoS increases direct rates
Click here for the full articleMortgage Solutions understands HBoS is to increase the interest rates it charges on direct deals, closing the gap between direct and introduced business to around 25 basis points. ...
Government pledges £10m support for home owners
Click here for the full articleA new £10m package of measures to support home owners facing difficulties with their mortgage has been unveiled by the Government. ...
My Home Move reports industry pessimism
Click here for the full articleA survey of attendees at conveyancing firm My Home Move's annual conference revealed that optimism in the industry was very low, with only 12% of attendees confident over the markets prospect for the coming year. ...
Acadametrics reports second month of falls
Click here for the full articleAcadametrics has reported that house prices in England and Wales fell by 0.2% in April, the second consecutive month of price falls. ...
AMI and AFB unveil Expo programme
Click here for the full articleThe Association of Mortgage Intermediaries (AMI) and the Association of Finance Brokers (AFB) have published details of the topics to be covered in their seminar programme at Mortgage Business Expo Manchester. ...
Easier2Move backs HIPs extension
Click here for the full articleRobin Marcus, director of conveyancing firm Easier2Move (E2M), has backed the Communities and Local Governments (CLG) decision to extend first day marketing on home information packs (HIPs) until the end of the year: ...
RBS reduces rates on two products
Click here for the full articleFrom today, RBS Intermediary Partners has reduced the initial rates on two of its fixed rate purchase mortgages. ...
New MD for L&G's GI business
Click here for the full articleLegal & General (L&G) has announced the appointment of Peter Graham as managing director of L&G's general insurance business. ...
New range at A&L
Click here for the full articleAlliance & Leicester (A&L) has launched a new range of mortgage products, which will be available via brokers, branches and its call centre. ...
Cheshire pulls two broker products
Click here for the full articleCheshire Building Society is to withdraw two broker products from 5pm today. ...
Repossessions up 17%
Click here for the full articleFigures from the Ministry of Justice have revealed 27,530 mortgage possession orders were made on in the first quarter of 2008, 17% higher than in the first quarter of 2007 and 9% higher than in the fourth quarter of 2007. ...
New AR applications record at Pink
Click here for the full articlePink Home Loans saw a record month in terms of appointed representative (AR) applications in April, with the company receiving 54 new AR business writer applications, smashing the previous record of 37 in February this year. ...
Lead gen site expands postal regions
Click here for the full articleMortgage-Insurance Services Ltd has announced the release of the next set of postal regions following the expansion of its financial comparison site, www.quotes4all.biz ...
New BSA chairman elected
Click here for the full articleJohn Goodfellow, chief executive of Skipton Building Society, has been elected chairman of the Building Societies Association (BSA) for 2008/09. ...
Paaleads.com celebrates 6th birthday
Click here for the full articlePaaaleads.com has celebrated its 6th birthday in the lead distribution market place. ...
Borrowers face higher rates and lower limits
Click here for the full articleBanks and credit card companies are shying away from riskier customers by lifting rates and lowering credit limits – adding to borrowers' woes after the Bank of England decided not to cut the base rate this week.
Variable rate lending curbs
Click here for the full articleBanks and building societies are continuing to introduce measures to prevent customers from taking out standard variable rate (SVR) mortgages.
Make it less of a blow when you're told to go
Click here for the full articleWith 40,000 jobs being cut in the City, employees are being advised to scrutinise their contracts, and negotiate the best package possible
Investors boldly return to battered sectors in equities
Click here for the full articleInvestors appear to be regaining their appetites and buying equities again, believing that the darkest days of the market downturn are over.
Trusts still have a useful role to play
Click here for the full articleThere has debate over the future of discretionary will trusts, now that inheritance tax allowances can be transferred between married couples and civil partners. But some advisers say they still have their uses
Savers urged to lock in now to high-rate deals
Click here for the full articleWith fixed-rate savings rates having broken through the 7 per cent watershed again, savers can also lock in to higher returns that will protect against further interest-rate cuts.
Wary reception for HBOS rights issue
Click here for the full articleHBOS's 2.1m private investors are being advised to think carefully before participating in the £4bn rights issue
Chance of returns from 130/30 funds is less than 50/50
Click here for the full articleSo-called '130/30' funds attracted a substantial amount of investment – but have failed to live up to the hype
FX marks the spot for more traders
Click here for the full articleTwo new foreign exchange (FX) trading services have been launched this week, in response to rising demand from private investors
Advice? Don't ask me
Click here for the full articleThe era of going to your bank manager for advice on your finances could end soon if new proposals separating advice from sales are approved
Your home may be repossessed if you do not keep up repayments on your mortgage.
The actual rate available will depend on your circumstances. Ask for a personal illustration.
Think carefully before securing other debts against your home.
There will usually be a fee charged when we successfully arrange a mortgage / re-mortgage. The amount will depend on the complexity of your requirements and your personal circumstances, typically the fee charged will be 3% of the mortgage advance (minimum fee £3,000 up to a maximum of £10,000).
The overall cost for
comparison is
8.2% APR
