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Only 400 homes reserved through NewBuy scheme

Mortgage Solutions | 21 May 2012

Just 400 homes have been reserved through the government's NewBuy scheme in the nine weeks since its launch, according to the Home Builders Federation (HBF).

Taylor Wimpey houses
housepricedrop

May housing market "paused for breath"

The UK housing market failed to produce its seasonal May rally this year, with subdued supply and demand leading to flat asking prices everywhere but London.

Mortgage Solutions | 21 May 2012
rp-equityrelease

Pensioners own property worth £743bn

Retired homeowners own a total of £743.07 billion in property despite continued volatility in the housing market, according to research.

Mortgage Solutions | 21 May 2012

Other Industry articles

jail-arms

Adviser jailed for £250k fraud and perverting course of justice

A financial adviser who admitted to fraudulently gaining almost £250,000 from clients and an insurer, as well as perverting the course of justice, has been jailed for three-and-a half years.

Mortgage Solutions | 21 May 2012
ask-the-experts

Got a question? Then ask the experts

Mortgage Solutions' Ask the Experts series is returning, and we want your questions for our panel of experts.

Mortgage Solutions | 21 May 2012
fscs-1

FSA 'very conscious' of industry feeling on FSCS levy

The FSA has said it is "very conscious" of the strength of feeling from financial advisers regarding the Financial Services Compensation Scheme (FCSC) levy in a written response to a recent petition from the FSCS Action Group.

Mortgage Solutions | 21 May 2012
abbey

More networks contemplate Abbey fast-track exit

More brokerage networks are considering withdrawing from Abbey for Intermediaries' fast-track facility, following a number of exits from the scheme in the past seven days.

Mortgage Solutions | 21 May 2012
lofthouse mark

Sesame signs Mortgage Brain for 5 years

Sesame Bankhall Group has signed up Mortgage Brain's support and sourcing system for five years for its mortgage and GI Appointed Representative (AR) network members.

Mortgage Solutions | 21 May 2012
roof

Mortgage lending hits lowest rate in a year

Gross mortgage lending fell by over £2bn from the previous month in April, according to the Council of Mortgage Lenders (CML), giving the UK its lowest level of lending since April 2011.

Mortgage Solutions | 21 May 2012
roof

Rent subsidy to be abolished for high-earning council tenants

Families earning more than £60,000 could face a sharp rise in the rent they pay on social housing.

Mortgage Solutions | 21 May 2012
greetham-trevor

Greetham: Austerity is not working - Fidelity

Europe should turn its back on austerity and pursue a pro-growth agenda like the US, according to Fidelity’s Trevor Greetham.

Mortgage Solutions | 21 May 2012
Money - pound coins

FSA approves first regulated residential property fund

Hearthstone Investments, the specialist residential fund manager, has received FSA approval to launch the UK’s first regulated residential property fund.

Mortgage Solutions | 21 May 2012
housesforsale

Advisers at risk from ‘no-money-down' buy to let deals - expert

A property expert warns advisers to avoid ‘no money down' buy-to-let deals, where investors use bridging finance and two solicitors to avoid paying a deposit from their own funds.

Mortgage Solutions | 21 May 2012

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