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Second charge mortgage repossessions down 27%

repossessions

Second charge mortgage repossessions in 2017 were 27% lower than in 2016, according to the latest figures from the Finance & Leasing Association (FLA)...

Record number of homeowners use equity release in October

Steve Wilke

The number of homeowners releasing equity from their properties reached a new high in October, according to the latest figures from Responsible Equity Release...

Pension savers admit retirement envy

Pension savers

Pension savers in their final years of work are worried they won’t be able to match the living standards of those already in retirement, according to new research from Prudential...

New second charge business volumes fall in September

drop

The number of new second charge mortgages agreed in September fell 2% compared with the same period last year, according to new figures...

Demand for five-year fixed rate remortgages hits record high

LMS

More than two-fifths of remortgage customers (42%) chose a five-year, fixed rate product in September, according to conveyancing service provider LMS...

Second charge mortgage market growth continues in August

Finance & Leasing Association

New second charge mortgage business increased 25% by value and 11% by volume in August compared with the same period last year, according to the latest research...

Homeowners fix for longer to guarantee certainty

Interest Rates

Fewer homeowners remortgaged to lower their monthly payments in July, according to new research from LMS...

Low equity release rates drive switching enquiries

Retirement

Almost half of advisers (45%) have reported a rise in inquiries about switching plans from existing equity release customers, according to new research by Bower Retirement...

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...



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