This week’s top five stories:
1) Lloyds to consider raising share price of TSB IPO
Lloyds Banking Group is thought to be considering an upward revision of its share price range following renewed interest in its Initial Public Offering (IPO).
2) London mortgage fraudster stole £650k to feed gambling and car habit
A London mortgage fraudster who conned his victims out of more than £650,000 over 13 years has been sentenced to five years in prison on 26 counts of fraud.
3) Interest rate rise could come within three months – Peston
BBC News economics editor Robert Peston said today he expects an interest rate rise in the next two to three months.
4) How much are landlords really making from buy-to-let? – Brian Hall
Having recently read about research commissioned by BM Solutions, I undertook my own analysis, using the data it provided, and I came to a very different conclusion, writes Brian Hall.
5) Housing market confidence slumps to six-year low
The amount of people who believe now is a good time to buy a property is at its lowest level since June 2008, data released by the Building Societies Association has shown.
Here are some stories you may have missed:
Campaigners to fight Land Registry’s decision to ‘fatten up’ powers
Campaigners have accused the government of fattening up the Land Registry ahead of its privatisation plan following the decision to transfer more powers to the central body yesterday.
Ipswich BS appoints mortgage boss
Ipswich Building Society has bolstered its mortgage team with the appointment of Michelle Stevens as new head of mortgages.
Govt. under fire for Help to Buy failures
The Department for Communities and Local Government (DCLG) has come under fire for the way it launched the Help to Buy equity loan scheme without properly assessing the plans for the scheme.
‘Ugly’ second-charge lenders must clean up act – Cleary
Secured lender Precise says responsible lending must become a priority for all second-charge lenders ahead of full regulation due in March 2016.
Know Your BDM: Georgina Oxton, LV
In this edition Georgina Oxton, LV’s equity release BDM for the South East of England, is under the spotlight.
