View more on these topics

Abbey pulls the plug on 100% mortgages

Abbey has become the last major UK lender to pull out of the 100% mortgage market.

Two years ago first-time buyers had more than 120 such deals to chose from with some lenders even offering 125% advances.

Abbeys decision follows close on the heels of Barclays/Woolwich which last week withdrew most of its popular fixed-rate deals from the market, though some of those deals might be reintroduced later this week, albeit at higher rates.
Last week First Direct withdrew all its mortgages further signalling a shutting down of the market as lenders look to protect margins and reduce their exposure during the credit crises.


We must strive to keep brokers afloat

Over the past few weeks the mortgage market has been contracting on what feels like a daily basis. Deals are disappearing at a rate of knots and there are fewer lenders lending.

Agents lose faith in housing market

Estate agents’ confidence in the housing market plummeted last month, according to’s confidence index. This reveals a 22% fall in confidence among agents in March compared with February. Shawn Luetchens, managing director of the property portal, says the result is due to a seasonal slowdown plus negative media coverage.

Leading questions in a time of crisis

Lead generation companies are in the spotlight as an increasing number of desperate consumers seek advice but brokers should use them with caution, says Sally Laker

Artemis Investments’ Outlook for 2016

Political change and the ‘normalisation’ of interest rates mean 2016 is likely to be another interesting year. But what will it bring for equities – and bonds? Here, a number of Artemis’ managers share their views. Click here to read the full article


News and expert analysis straight to your inbox

Sign up