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Interest rates on hold for 20th month in a row

The Bank of England has held interest rates at 0.5% for the 20th consecutive month. It has also decided not to pump any more money into the economy.

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Pensions at the heart of Portal Portfolio lending

There was a boost for the secured loans sector last week with the launch of lender Portal Portfolio, which uses pensions to fund its loans. The lender is targeting those with a self-invested personal pension looking for a secured loan. Portal is offering loans up to £75,000, with rates from 9.9% up to 80% LTV […]

B2L grows by 12% in Q3

Buy-to-let lending rose by 12% in Q3 2010, data published today by the Council of Mortgage Lenders reveals, and it is supported by ongoing demand for rental property against the backdrop of a dysfunctional owner-occupier market.  

Bridge over troubled waters

Some might call it madness to launch a business with your own money in a recession but Jonathan Samuels didn’t. Two years on, Drawbridge Finance is going strong and has Mark Posniak on board as well

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(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.

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