Leah Milner

buy-to-let

Two-thirds of over-55s will never downsize, says Sunlife

Almost two-thirds of home owners over-55s say they will never downsize, research by Sunlife has found. In a survey of 1,000 homeowners aged 55 and above, the equity release, life insurance and funeral plan provider found that 62 per cent are adamant they will not move to a smaller property to cash in on their […]

Finance 4 Business hires Investec’s Mike Kelly

Finance 4 Business has appointed Mike Kelly from Investec as senior business development manager. Kelly (pictured) was most recently a business development manager at the bank and was previously head of private at Yorkshire Bank. Kelly says: ‘Finance 4 Business is an experienced, successful and dynamic team looking to assist clients in providing lending solutions, be […]

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HLP launches free client management tools for ARs

HLPartnership and Mortgage Support Network are offering their appointed representatives free access to customer relationship management (CRM) tools for the next year. The networks, which together have more than 600 advisers, adopted the 360 Dotnet CRM system in 2015 and are now offering a range of free modules to members which are normally paid-for extras. […]

Buy to let, landlord
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Landlord groups hit back at Which? deposit report

Landlord groups have defended the current system of deposit protection schemes after criticisms from Which?. A survey by the consumer group released last week found that 43 per cent of renters have to borrow, in some cases using a credit card, in order to fund their deposit. Of tenants who have moved out in the past […]

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Lenders hiked fixed rates ahead of BoE rise

Lenders had already priced in 72 per cent of the Bank of England’s base rate hike before the Monetary Policy Committee voted to increase the official rate, according to Moneyfacts. The price comparison site says that lenders began pushing up the cost of fixed rate mortgage deals as soon as a rate rise was on […]

Sunset over houses

Rents in London climb to 36% of average income

Average rent as a proportion of income in London hit 36.2 per cent in July, compared to 30.8 per cent a year ago, the latest index from HomeLet reveals. For the UK as a whole, rent as a proportion of income rose to 31.8 per cent compared to 28.1 per cent a year ago. Average […]

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Half of FTBs say stress of buying process made them ill

More than half of first-time buyers claim that the stress of securing a new home has made them ill, a survey by Aldermore has found. According to the bank’s research, first-time homeowners are feeling increasingly stressed with more strain on their personal relationships going through the home buying process than 12 months ago. Almost half […]

House prices dip for 5th consecutive month: Your Move

Average house prices slipped lower by 0.2 per cent in July to £302,251, according to  Your Move, although the figure was up 1.6 per cent on the same month last year. It was the fifth consecutive month of price falls, with the estate agency (part of LSL group) putting the trend down to slower housing […]

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Nationwide predicts flat house prices as profits fall

Nationwide Building Society has forecast house prices will remain flat this year as it posted a fall in profits for the first half of 2018. The lender reported a pre-tax profit of £281m in the three months to the end of June, down 13 per cent from £322m in the same period of 2017. Gross […]

e.surv

Who’s tipped to snap up Countrywide after shares plunge?

Brokers and market analysts have shared their predictions of which firms might look to takeover Countrywide following the property group’s share price slump. Mortgage Strategy reported yesterday that the estate agency, surveying and broker firm’s stocks had fallen by 91 per cent over the past year from 158.50p to 14.26p. Industry pundits have named LSL Group, […]