10 - Friday 10th February
Barclays: Increase in Mortgage Lending
Barclays Bank has announced that new Mortgages rose to £17.2bn in 2011, a rise from 2010's figure of £16.9bn. Mortgages from Barclays totalled £107.8bn on 31st December 2011 up from 2010's £101.2bn with a share by value on 9 percent, representing a 1 percent increase on last year's figure.
Mortgage lending from Barclays equates to a marrket share by value of 12 percent, which is a fall over last year, which came in at 13 percent. Barclays' mortgage lending fall was indicative of the Bank's overall performance, with profits falling some 3 percent tro £5.9bn. However, average mortgages balances from Barclays bucked the trend, with a 6 percent increase throughout the year.
Mortgagee news on Friday 10th February 2012 is provided by external sources for the Mortgage Lenders an d Brokers directory, providing you with local, independent mortgage lenders
- Buy-to-let attracts new silver brigade looking to rent-to-move or boost their pension
Forget young professionals snapping up new-build flats, brokers suggest an older generation of equity-rich buy-to-let landlords is opting either to rent-to-move or boost their pension plan.
Fri 10th Feb 2012 12:15am - Banks get strict on interest-only loans
Santander’s move comes as part of a clampdown on interest-only lending by lenders, who are introducing stricter lending criteria
Fri 10th Feb 2012 6:30pm - Homeowners hit by down-valuations
Homes in Northern Ireland and north-west England are more likely than those in the rest of the UK to have been marked down by surveyors
Fri 10th Feb 2012 5:39pm - FSA indefinitely delays individual registration for mortgage brokers
The Financial Services Authority has indefinitely delayed its plans to introduce individual registration for mortgage brokers.
Fri 10th Feb 2012 10:12am - European mortgage directive delayed again
A key stage in voting through the European mortgage directive has been delayed for the second time.
Fri 10th Feb 2012 12:57pm - Paymentcare offers enhanced commission for transferred policies
Paymentcare Limited is offering enhanced commission rates on all policies which are transferred from other providers.
Fri 10th Feb 2012 11:23am - Manor Mortgages adds Precise Mortgages to panel
Precise Mortgages has joined Manor Mortgages’ lender panel.
Fri 10th Feb 2012 10:43am - HML appoints permanent CEO
HML has appointed Andrew Jones as its permanent chief executive officer after doing the job on an interim basis for three months.
Fri 10th Feb 2012 9:45am - AMI separates from AIFA
The Association of Mortgage Intermediaries has split from its parent, the Association of Independent Financial Advisers.
Fri 10th Feb 2012 9:30am - Barclays boosts mortgage lending in 2011
Barclays has reported new gross mortgage lending of £17.2bn in 2011, up from £16.9bn in 2010.
Fri 10th Feb 2012 8:26am - CML: Buy-to-let bounces back as landlords buy 20% more homes in 2011
The rise in buy-to-let properties bought comes over the same period that residential purchases are expected to fall by 5% and first-time buys will remain near record lows.
Fri 10th Feb 2012 9:47am - Banks get strict on interest-only loans
Santander’s move comes as part of a clampdown on interest-only lending by lenders, who are introducing stricter lending criteria
Fri 10th Feb 2012 6:30pm - Homeowners hit by down-valuations
Homes in Northern Ireland and north-west England are more likely than those in the rest of the UK to have been marked down by surveyors
Fri 10th Feb 2012 5:39pm - Paymentcare offers enhanced commission for transferred policies
Paymentcare Limited is offering enhanced commission rates on all policies which are transferred from other providers.
Fri 10th Feb 2012 11:23am - Banks get strict on interest-only loans
Santander’s move comes as part of a clampdown on interest-only lending by lenders, who are introducing stricter lending criteria
Fri 10th Feb 2012 6:30pm - Homeowners hit by down-valuations
Homes in Northern Ireland and north-west England are more likely than those in the rest of the UK to have been marked down by surveyors
Fri 10th Feb 2012 5:39pm
