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Oldham named best value town for FTBs

Oldham is the cheapest place for first-time buyers, with an average monthly mortgage payment of £353, according to Realpricecomparison.com.

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MPLC may get back into lending

Former specialist lender Mortgages PLC is believed to have outsourced more than £3bn of its mortgage book to HML, prompting rumours it could return to the lending market. As part of the deal, Mortgage Strategy understands that MPLC has transferred up to 25 staff to HML. Merrill Lynch took over MPLC in 2004, but was […]

January cheer as nearly 1,000 deals enter the market

Almost 1,000 mortgage products were launched in January, accor-ding to Mortgage Brain, which says this represents the biggest monthly increase in product numbers for a year. The number of live products listed on Mortgage Brain rose by 26% in the month, going from 3,534 on January 4 to 4,457 on February 1. This is the […]

Tories pledge to raise Stamp Duty threshold to £250,000

Shadow chancellor George Osborne has pledged to raise the Stamp Duty threshold to £250,000 if the Conservative Party wins the election. The party outlined its plans last week in a report entitled A New Economic Model. The Tories want to increase the Stamp Duty threshold from £125,000 to £250,000 and raise the Inheritance Tax threshold […]

Could Proptech revolutionise construction?

By Rebecca Murphy, relationship manager, LendInvest  The construction sector offers enormous potential when considering the implication emerging technologies could have on both existing processes and final results. While the completion of an entirely 3D-printed office block may be ‘sexier’ news than a new smart toolbelt that tracks the wearer’s location on site, each area of development […]

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