The Yorkshire has launched another Open Market HomeBuy product to include a fixed rate option. The product has a rate of 6.19% for the first five years, after which it reverts to the Yorkshire’s SVR of 6.90%.
Hamptons Mortgages has welcomed the governments financial capability strategy despite the recent shake-up of legal aid. Jonathan Cornell, technical director at Hamptons Mortgages, says: It is good to see the government promoting a scheme to provide generic financial advice to the public. This will clearly benefit the less financially astute members of the community and […]
Diamond Lifestyle has unveiled plans to expand into the sub-prime mortgage market this year.
Legal & General is to host a series of regional business forums for its business partner firms. The annual events will take place in Manchester, London and Belfast on January 31, February 2 and February 6 respectively.
Halifax has calculated that housing equity significantly outweighs mortgage debt with UK private stock now worth 3.8 trillion. This means housing equity is 3.5 x the value of outstanding mortgage debt of 1.1 trillion.The value of the housing stock has increased by 78% over the last five years, with stock rising by 12%, or more […]
We recently wrote about the productivity puzzle and how the UK lags very far behind most of the other major economies of the G7 on this particular measure. There are of course many pieces to this particular puzzle – and a timely report by The Work Foundation highlights how sickness absence plays a part in this issue also.