Lenders
Europe should turn its back on austerity and pursue a pro-growth agenda like the US, according to Fidelity’s Trevor Greetham.
The Building Societies Association and Nationwide have launched a shared home ownership (SHO) website offering a hub for information and stepping stone to market expansion.
Lloyds Banking Group and the Co-operative are set to agree terms on the sale of 632 of the bank's branches after submitting a revised proposal to the Financial Services Authority (FSA).
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Lending to property investors rose 32% year-on-year, but remains at just a third of pre-credit crunch levels in 2007.
Short-and medium-term lender, Dragonfly Property Finance has produced just over 500 Agreements In Principle (AIPs) on loans amounting to £337m in the first four months of 2012.
Lloyds announced plans to reduce mortgage lending share from 28% to 25% on a call to analysts yesterday.
The Mortgage Works(TMW), the buy-to-let specialist lending arm of Nationwide Building Society, has improved its existing buy-to-let offering and added new deals to its range.
Mortgage applicants need to bring twice as much paperwork to the mortgage discussion than before the credit crunch, as lenders become more fraud and Know Your Customer(KYC)conscious than ever before.
Nationwide has confirmed it will return incomplete paper applications to brokers from May 16.
Mutual Hinckley & Rugby has launched two lifetime discount loans, including one at 85 per cent LTV.
There were fiery exchanges at Barclays’ AGM today, as shareholders grilled CEO Bob Diamond over his pay packet, the PPI mis-selling scandal, and the value of the bank’s shares.
Ratings agency Standard and Poor's said UK building societies have survived the financial crisis in better health than the UK banking industry as a whole, in a report.
Specialist new build broker Mortgage Talk has been quickest off the mark to complete the first NewBuy mortgage in the UK.
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Reasons to be Cheerful
It's not all doom and gloom out there in the mortgage industry, so click here for a dose of cheer.
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