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AOL UKMortgage lending falls 11% as number of homes for sale dipsAOL UKMortgage lending fell back month-on-month in April as would-be home movers struggled to find suitable properties. The Council of Mortgage Lenders (CML) said an estimated £18.4 billion-worth of home loans were handed out in April - down by 11% ...and more »
Card spending ramps up – so make it work for youmoneyfacts.co.uk"Cards are the default way to pay for millions of consumers and this is reflected by the increase in card spending month-on-month," said Richard Koch, head of Policy at The UK Cards Association. So if you're spending all that money anyway, why not use ...
euronewsUK mortgage approvals slip in April, consumer borrowing speeds up - BBAeuronewsLONDON, May 25 (Reuters) – British banks approved the fewest mortgages in five months in April and the value of home loans grew at the slowest pace since August, industry figures showed, adding to signs of a slowdown in the housing market. The figures ...and more »
This is MoneyThe great annuity betrayal: Robbed of 65% of pension income... - This is MoneyThis is MoneyCould you cash in a dud annuity?: Insurance giants vow to... Will the 25% tax-free pension lump sum be abolished by the... Have you been paying for your AA cover twice? Lloyds or TSB... Beware EU health card salesmen who know all your personal.
Meet Three British Start-Ups That Won Investment From Tennis Star Andy MurrayForbesLandbay provides finance to the UK's private rented property sector and has so far raised £2.3m in this round, overfunding to 157 per cent in a private pre-emption offered only to existing investors. Landbay direct-matches investors' money to mortgages ...
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Mortgage activity in UK buy-to-let plummets | This is Money - This is Money

This is MoneyMortgage activity in UK buy-to-let plummets | This is MoneyThis is MoneyInterest in buy-to-let has been decimated over the last twelve months thanks to a stamp duty hike and tax penalties that came in last April, data revealed today. The amount lent for landlord property purchases plunged by nearly 80% between March 2016 ...and more »
(17-05-2017)

Buy-to-let breaks down: Lending plummets 80% as stamp duty hike and tax penalties scare off landlords - This is Money

This is MoneyBuy-to-let breaks down: Lending plummets 80% as stamp duty hike and tax penalties scare off landlordsThis is MoneyInterest in buy-to-let has been decimated over the last twelve months thanks to a stamp duty hike and tax penalties that came in last April, data revealed today. The amount lent for landlord property purchases plunged by nearly 80% between March 2016 ...and more »
(17-05-2017)

Brokers slam call centres poaching life cover clients - Mortgage Strategy

Mortgage StrategyBrokers slam call centres poaching life cover clientsMortgage StrategyLondon Money and MOV8 Financial both tell Mortgage Strategy that their life insurance clients have been contacted by the Financial Assessment Centre and The Review Bureau, both based in the same Swansea office. TRB is an appointed representative of ...
(17-05-2017)

Over one million borrowers struggling with mortgage payments ... - Money Marketing

Money MarketingOver one million borrowers struggling with mortgage payments ...Money MarketingData from L&C Mortgages has found that 1.4 million UK households are struggling to pay their mortgage and 2.6 million people think their monthly mortgage ...and more »
(17-05-2017)

Over one million borrowers struggling with mortgage payments - Money Marketing

Money MarketingOver one million borrowers struggling with mortgage paymentsMoney MarketingData from L&C Mortgages has found that 1.4 million UK households are struggling to pay their mortgage and 2.6 million people think their monthly mortgage payments are too high. A report from the mortgage adviser says over half have never remortgaged ...and more »
(17-05-2017)

Buy-to-let lending for house purchase drops by almost 80% - AOL UK

AOL UKBuy-to-let lending for house purchase drops by almost 80%AOL UKThe Council of Mortgage Lenders (CML), which released the figures, said spring 2016 saw a peak of activity before stamp duty changes were introduced in April last year. Estate agents reported seeing a rush of buy-to-let investors snapping up properties ...and more »
(17-05-2017)

A Lifetime Mortgage gives you control over your legacy - Telegraph.co.uk

Telegraph.co.ukA Lifetime Mortgage gives you control over your legacyTelegraph.co.ukJust one in 25 UK adults correctly guessed that the average bill was within the range of £100,000 and £200,000. Despite more than ... Not only will you have control over how the money is used but you'll also get to see loved-ones benefiting from your ...
(17-05-2017)

Ikea relaunches 'freebie with every purchase' offer as it reveals plans to open three new UK stores - Mirror.co.uk

Mirror.co.ukIkea relaunches 'freebie with every purchase' offer as it reveals plans to open three new UK storesMirror.co.ukSwedish home store Ikea has announced plans to open three new outlets across Britain, in a move that will create 1,300 jobs by the end of 2018. On Wednesday, the flat pack giant confirmed a trio of openings are underway in Sheffield, Exeter and London ...and more »
(17-05-2017)

UK Government Sells Final Stake in Lloyds Banking Group - New York Times

New York TimesUK Government Sells Final Stake in Lloyds Banking GroupNew York TimesThe sale is a major milestone for Lloyds and comes five months after the lender made a big bet on the British economy, agreeing to buy Bank of America's British credit card business for about $2.4 billion. The British government owned 43 percent of ...Bailed out Lloyds is private again after £20bn taxpayer rescue during credit crunchThe SunAs Lloyds flies free, RBS years away from leaving state handsReutersLloyds reaches landmark as government sells final sharesThe GuardianGulf Times -MarketWatch -gulfnews.comall 219 news articles »
(17-05-2017)

Kim North: Priips rules set to cause confusion - Money Marketing

Money MarketingKim North: Priips rules set to cause confusionMoney MarketingOne of the things I like about the Money Marketing Awards is the fact entrants must meet face to face with the judges. Following a set of 20-minute interviews, the judges take their time to decide which ... pensions or Isas, discretionary portfolios ...
(17-05-2017)

UK inflation: How to survive rising household bills - The Independent

The IndependentUK inflation: How to survive rising household billsThe Independent“With CPI inflation at 2.7 per cent, it'll be tougher than ever for those who need and want to keep some of their money in cash, as there are now only a small handful of accounts paying rates in excess of inflation, such as high-interest current ...'Easter effect' powers big jump in inflation to 2.7%Citywire.co.ukall 264 news articles »
(17-05-2017)

Labour's manifesto plans: do the sums add up? - Citywire.co.uk

Citywire.co.ukLabour's manifesto plans: do the sums add up?Citywire.co.ukThe thinktank pointed to the gradual withdrawal of the £11,500 tax-free personal allowance, which starts to decreases once someone earns £100,000 at a rate of £1 lost for every additional £2 earned, meaning those on £123,000 or above receive none. By ...Labour manifesto at-a-glance: Summary of key pointsBBC Newsall 1,532 news articles »
(17-05-2017)

Cost of a holiday jumps £200 in a year - but keen Brits say they're willing to pay the price - Mirror.co.uk

Mirror.co.ukCost of a holiday jumps £200 in a year - but keen Brits say they're willing to pay the priceMirror.co.ukIf you are using a debit, or credit card when travelling abroad, always be sure to pay in the local currency if you are presented with the choice. People mistakenly believe that they should select to pay in pounds, as this is the money sitting in their ...and more »
(17-05-2017)

Successful female entrepreneur Jo Burston money tips - Daily Mail

Daily MailSuccessful female entrepreneur Jo Burston money tipsDaily MailNow, the 45-year-old has shared her top money tips, which include re-thinking your attitude towards your credit card and setting up an emergency savings jar. The CEO's first and top tip is to be 'ballsy' - a characteristic she has shown in abundance ...
(17-05-2017)

Mnuchin's former bank in $89 million settlement over reverse mortgages - Reuters UK

Mnuchin's former bank in $89 million settlement over reverse mortgagesReuters UKWith reverse mortgage loans, seniors borrow money against the equity they have built in their homes. To protect lenders, HUD provides mortgage insurance through a program administered by the Federal Housing Administration. The government accused ...and more »
(17-05-2017)
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