by | May 15, 2018 | Mortgages
Ex-Financial Conduct Authority (FCA) mortgage sector manager Lynda Blackwell has criticised lenders happy to lend to a raft of borrowers before the credit crisis, but unwilling to lend now, even when those same borrowers continue to keep up mortgage repayments. You...
by | May 3, 2018 | Mortgages
The proposed ban on letting fees is one step closer to becoming law, with the Tenants Fees Bill introduced to Parliament today (2 May). The bill was been introduced by the new secretary of state for housing, communities and local government, James Brokenshire, who...
by | Apr 27, 2018 | Mortgages
Bradford & Bingley’s (B&B) £5.3 billion mortgage book has been put up for sale by the Chancellor Philip Hammond and sold to an investor group. The B&B mortgage portfolio was acquired by the taxpayer during the financial crisis. The sale will enable the...
by | Apr 23, 2018 | Mortgages
Despite ‘severe’ need for lower cost homes in some areas, funding is not being released. Local councils in England are sitting on hundreds of millions of pounds of money designated for affordable housing. A total of £375m is available, £100m of which has not even been...
by | Apr 6, 2018 | Mortgages
Coventry Building Society and Enact Conveyancing have lodged the first digitally signed mortgage for a house in Rotherhithe, London. The digital mortgage was signed by the borrower and registered at HM Land Registry as part of its ‘sign your mortgage deed’ service,...
by | Mar 23, 2018 | Mortgages
Fifteen UK buyers are now chasing every property as demand reaches a post-Brexit vote high, data from haart estate agents has found. New buyer registrations increased by 20% in March, viewings rose by 17% and instructions were up by 15%. Paul Smith, chief executive of...
