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What would an Independent Scotland Mean for Mortgages?

Written by Sam Jones on Monday, 17 February 2014 12:45.

The battle for Scotland is well underway with a referendum on its future set for September. The last referendum was 35 years ago and once again Scots will have a vote on whether to remain part of the UK or become an independent country.

Is Prime London Property Now An Investment Arm of the Super-Rich?

Written by Sam Jones on Wednesday, 12 February 2014 15:22.

The recent Civitas paper published earlier this weekmakes for interesting reading. In its report it argues the UK property market is being used as an investment arm of the global super-rich and calls for curbs on foreign property investors.

Landlords look to buy more properties

Written by Sam Jones on Monday, 10 February 2014 15:53.

We are pleased to see that one third of landlords are looking to expand their rental portfolios in the next 12 months. The latest BM Solutions/ BDRC Continental Landlord Panel, a key barometer of the sector, shows landlords are looking to boost their portfolios.

Equity release market rockets 16% in 2013

Written by Sam Jones on Monday, 27 January 2014 12:00.

We can report today that the equity release market appears to have passed £1bn last year, a 16 per cent increase on 2012 with figures from the Equity Release Council showing the average equity release customer borrowed £56,917.

The Big Mortgage Question - Is it Time to Fix?

Written by Sam Jones on Sunday, 26 January 2014 13:08.

We can report that a senior Bank of England economist has weighed into the debate by insisting borrowers should fix their mortgage. Richard Sharp, an external member of the Bank of England’s Financial Policy Committee, said rates are close to zero and he believes now is the time to fix.

Free Stamp Duty With the TSB ?

Written by Sam Jones on Saturday, 18 January 2014 09:29.

There is good news being reported that TSB is offering to pay the stamp duty for mortgage customers purchasing a home up to £250,000.
TSB research shows 40,000 homebuyers spent £70m in stamp duty in January last year. The Council of Mortgage Lenders is predicting stamp duty costs are set to escalate by five times in 2020.

Inflation falls to lowest levels in four years

Written by Sam Jones on Tuesday, 14 January 2014 14:16.

We are pleased to see inflation fall to its lowest level in four years in December. The Office for National Statistics reports inflation met the Bank of England target of 2 per cent for the first time since November 2009.

Rates Won't Rise Quickly - Carney

Written by Sam Jones on Wednesday, 08 January 2014 15:10.

We are pleased to see Bank of England governor Mark Carney signaling Bank interest rate rises are a long way off.

Ex -Banking CEO joins Board at Capital Fortune

Written by Sam Jones on Monday, 06 January 2014 11:23.

Capital Fortune, the City based brokers have confirmed the appointment of Barry Meeks as a non-executive director with immediate effect. Meeks has over 30 years experience managing mortgage and unsecured lenders, intermediary distributors, providers of systems, as well as compliance, audit  and administration services.

Tenant demand set to grow again in 2014

Written by Sam Jones on Monday, 06 January 2014 09:32.

We are pleased to report that landlords can expect another good year as more tenants flood on to the market. An LSL Property Services study shows nearly 60 per cent of landlords expect greater tenant demand over the next 12 months.