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UK unemployment has fallen by 35,000 to stand at 2.65m, according to figures from the Office for National Statistics.
The Paragon Group of Companies has acquired further unsecured consumer loans, through its Idem Capital Securities subsidiary, from The Royal Bank of Scotland.
NBNK Investments has submitted a revised proposal to Lloyds Banking Group to buy 632 of its branches. Lloyds group has until November 2013 to complete the sale to meet European Commission rules. The Co-operative Group is in talks with Lloyds group about acquiring its branches but questions have been raised about the suitability of its […]
As the market has tightened and brokers struggle to fulfil their clients’ borrowing needs, mortgage placement desks are coming into their own.
By Denise Wond, marketing manager The buy-to-let market has recently been the subject of a raft of tax changes, all of which make it a less profitable and less appealing proposition for investors. In response, we’ve seen a dip in demand for BTL mortgages and that’s bad news for many advisers who will now be looking […]
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