News Archive

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Updated Lending Code is released by FLA
Wednesday 1st February 2012
The Finance & Leasing Association (FLA) has updated its lending Code, which has been in operation for twenty years. The Code, which is binding for the

Buying 16 per cent cheaper than renting in 2012
Monday 30th January 2012
It now costs significantly less to buy a house than to pay rent each month, according to mortgage lender Halifax. Although three years ago soaring property prices

Master broker's lender panel evolves with new addition
Friday 27th January 2012
Secured loan master broker Promise Solutions has added Evolution Money to its panel and to its free online loan sourcing portal. Evolution has a number of

FTBs most likely to seek mortgage advice in 2011
Friday 27th January 2012
Throughout 2011, it was first time buyers who were most likely to seek mortgage advice, according to research from unbiased.co.uk. The website’s ‘find a mortgage adviser’ search

Broker requests flood in for lead generation guide
Wednesday 25th January 2012
A free guide for intermediaries offered by loan master broker Promise Solutions – entitled “Tips on creating more loan and remortgage enquiries” – has received more

Mystery lender and Promise complete first loan
Tuesday 24th January 2012
An exclusive second charge lender recently launched through Promise Solutions has completed its first loan through the master broker in just 12 working days. The new mystery

SOCA's battle to seize £450k property bought with 'dirty money'
Monday 23rd January 2012
A businessman is embroiled in a legal battle with the Serious Organised Crime Agency (SOCA) after the organisation started a civil claim to take his luxury

Debt consolidation spike - just the January blues?
Monday 23rd January 2012
With post-Christmas bills looming on the horizon, more and more people need help to address their finances. One area in which intermediaries are likely to see

In the Spotlight with Danielle Lawrence of Pink Pig Loans
Monday 23rd January 2012
We sat down with Danielle Lawrence of Pink Pig Loans, to find out why there is a bell in the Pink Pig office, how

Pink Pig's Perspective: Faster, higher, stronger
Monday 23rd January 2012
Asset – Origin •    Mid 16th century from an Anglo-Norman French legal term, from old French asez “enough”, based on Latin ad “to” + satis “enough” Asset

The Scottish Home Owner and Debtor Protection Act - a year of change?
Thursday 19th January 2012
  Repossession in Scotland has changed quite significantly since the Home Owner and Debtor Protection (Scotland) Act 2010 was passed by Parliament on February 11 2010. LoanTalk

Houses for sale ‘lowest in a decade’
Monday 16th January 2012
Homes for sale have fallen to the lowest numbers in more than a decade, as the property slump worsens. Property website Rightmove reports that since 2012 began,

Friday 13th: Superstitious property slump
Friday 13th January 2012
Today is expected to be one of the slowest days of the year for the property market as superstitious buyers shy away from buying a home

Scottish house prices £4,000 higher than a year ago
Wednesday 11th January 2012
In the west of Scotland house prices are approximately £4,000 more expensive than the same time a year ago, according to the latest market report by

Banks fund Director's £111m mastermind fraud
Monday 9th January 2012
More than 20 different financial institutions were defrauded into loaning money to company director Max Fraser, who used the £111 million he scammed for his own

RICS and BoE talk us through 2012
Monday 9th January 2012
According to a recent Royal Institution of Chartered Surveyors (RICS) Housing Market Forecast, the prediction for the 2012 housing market is of weak economic growth. Furthermore,

The Industry speaks: What's in store for secured lending
Monday 9th January 2012
With 2011 now officially ‘old news’, we thought it was about time we took a closer look at the coming year in order to discuss the

In the Spotlight with Amy Smith of North Star Financial
Monday 9th January 2012
  We spoke to Amy Smith of North Star Financial about Disneyworld Florida, being opinionated and setting up North Star...   Firstly, what exactly does your new

Pink Pig's Perspective: "Citius, Altius, Fortius"...
Monday 9th January 2012
Christmas this year was one of the best, and we hope that all of you had the chance to get together with your family

‘Uncertain outlook’ for house prices
Friday 6th January 2012
In December 2011, house prices fell 0.9 per cent month-on-month according to Halifax’s figures released this week. Compared to the same period last year, this equals