Story by: Dominic Welling, FTAdviser
January saw the lowest monthly level of remortgage activity for eight years as the number of house purchase loans taken also decreased by half over the month.
Former Lloyds chairman and chief executive Brian Pitman died yesterday (11 March) at hospital, after suffering a heart attack earlier in the week.
Prime lender Kensington has partnered with Mortgage Intelligence and Mortgage Next as key distributors for its product range.
Link Loans has re-entered the secured loans broker market after receiving new equity funding from the Royal Bank of Scotland (RBS).
Newcastle building society has reported that it broke even over 2009, revealing neither a profit nor a loss for the year after tax in its final results.
The average first-time buyer now needs a deposit equivalent to a year's salary to get on the housing ladder, according to research by homelessness charity Shelter.
Building societies must ensure that they have the necessary risk management systems if they want to be involved in non-traditional lending, according to Graeme Ashley-Fenn from the FSA.
The Mortgage Works is launching a new range of guarantor products offering a variety of liability levels.
Coventry and Stroud & Swindon building societies this week revealed that they are in the early stages of a merger.
Potential bidders for Royal Bank of Scotland branches being sold off under EU state aid rules have identified a possible funding shortfall as a result of support it received from the Bank of England.
Virgin Money charging its current account customers a fee to ensure its costs are more transparent is good news for customers
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Question: Why do government financiers put up with the UK’s outdated state rituals? Answer: So...