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Draft tenants' fees bill could cost landlords £300m

Letting

Landlords have been warned that the draft tenants’ fees bill could result in them losing £300m...

New second charge mortgage lending up 53%

The Finance & Leasing Association (FLA) has reported a 53% increase in the value of new second charge mortgage business during April, compared with the same period last year...

Household debt set to reach record high

Debt

The amount of unsecured debt per household is set to pass the pre-crisis peak this year, according to the Trades Union Congress (TUC)...

Remortgaging up 8%

Mortgage

Remortgaging accounted for 33% of total mortgage lending in April, according to LMS...

Second charge mortgage repossessions fall as new business rises

Mortgage

New second charge mortgage business grew 8% by value and 15% by volume in March compared with the same period last year, according to the Finance & Leasing Association (FLA)...

£109bn injected into the residential property market

Cash

The use of cash in property purchases is threatening to exacerbate housing inequality in the UK, according to analysis by the Intermediary Mortgage Lenders Association (IMLA)...

Record amount of wealth tied up in people’s homes

Retirees

The Equity Release Council (ERC) has published a new white paper calling for a series of reforms to raise awareness of the record amount of wealth tied up in people’s homes...

Underhand tactics could be costing personal loan consumers £400m

Borrower

Underhand tactics within the personal loans industry are costing customers as much as £400m every year, according to TSB...

81% of landlords confident about 2017 performance

To Let

Some 81% of landlords feel confident that their property portfolios will perform well over the course of 2017, according to the Shawbrook Client Barometer...

42% of intermediaries rate lender portals as average to very poor

Laptop

More than two-fifths (42%) of intermediaries ranked lender portal usability as average to very poor, according to the IRESS Intermediary Mortgage Survey 2017...



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