The National Australia Bank (NAB) may encounter difficulties if it opts to sell British banks it owns through an initial public offering (IPO) to the markets, industry experts have said.
The battle to reach volume lending targets and increase market share before the end of the year is seeing some lenders slash rates.
Labour's pre-election campaign has ranked help for the housing market high on its agenda.
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With inflation at its lowest level since September 2009, and possibly set to fall further, the Bank of England is now under less pressure than previously to raise rates to curb prices.
The loan-to-income ratio was formally implemented on October 1. Following its announcement in June lenders were told to employ the spirit of the cap immediately.
HSBC will begin distributing mortgages through intermediaries from 6 October through Countrywide Mortgage Services.
It seems the government loves to recycle its '.. to buy' series and this time tenants have become the focal point of the scheme.
The Financial Conduct Authority (FCA) has published its consultation paper "Implementation of the Mortgage Credit Directive and the new regime for second charge mortgages".
Equity release lifetime mortgages are to remain exempt from the Mortgage Credit Directive (MCD) owing to their unique servicing feature which allows borrowers to indefinitely defer monthly payments.
Charging clients fees for advice on retail investments became a reality for IFAs in 2012 under the Retail Distribution Review which placed a ban on commission being paid by investment providers.
As we approach the final quarter of 2014 the country is faced with much economic uncertainty.
June saw the end of a long battle by the Solicitors Regulation Authority (SRA) to bring seven Cheshire-based conveyancers to justice after fraudulent activity resulting in client compensation pay outs of £13m.
The Treasury's U-turn on the regulation of buy-to-let mortgages will see ‘accidental landlords' swept into the same regime as residential property owners.
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