Danny Robinson

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So far Danny Robinson has created 2210 blog entries.

Now is the time for GI

2019-08-04T23:01:51+00:00 August 4th, 2019|News|

With a slightly subdued housing market now is the time for mortgage brokers to ensure they sell home insurance to make up their lost income, general insurance firms have argued. The Nationwide House Price Index found that, at 0.5%, annual house price growth remained below 1% for the seventh consecutive month in June. And also [...]

RBS reports rise in mortgage lending

2019-08-02T12:11:37+00:00 August 2nd, 2019|News|

The Royal Bank of Scotland (RBS) has reported its gross mortgage lending rose in H1 to reach £14.3bn, up from £13.6bn year-on-year. Its gross new mortgage lending in the quarter was £6.7bn. The lender’s mortgage approval share was around 13% in Q2 2019 up from 11% in Q1 2019. Total income was £43m in Q2, [...]

Remortgage volumes remain high

2019-08-01T23:01:35+00:00 August 1st, 2019|News|

Remortgage volumes continue to remain near a 12-month high, LMS’s Monthly Remortgage Snapshot has found. Last month saw volumes reach a peak of 54,624, while June only saw a small drop to 53,516. Nick Chadbourne, chief executive, LMS, said: “This is a particularly strong sign the market is in good health, considering borrowers tend to [...]

Semi-detached homes most profitable since 2008

2019-07-31T23:01:52+00:00 July 31st, 2019|News|

Semi-detached homes have been the most profitable properties to own in the UK since September 2008, research by estate agency Springbok Properties has shown. These homes have price growth of 35.07% from the average house price of £162,201 following the financial crash to £291,087 today. Shepherd Ncube, founder and chief executive of Springbok properties, said: [...]

Equity release drawdown sales grow by 5%

2019-07-30T23:01:01+00:00 July 30th, 2019|News|

The number of new drawdown lifetime mortgages grew in Q2, Equity Release Council has found. Some 7,227 new drawdown lifetime mortgages were taken out in the second quarter. This total was up 5% from Q1 2019 and 2% from Q2 2018. David Burrowes, chairman of the Equity Release Council, said: “The number of people drawing [...]

Jeff List departs Brightstar for Specialist Money

2019-07-30T04:42:47+00:00 July 30th, 2019|News|

Brightstar head of buy-to-let Jeff list (pictured) has departed the specialist distributor to start new firm Specialist Money with The Money Group.  Specialist Money will offer specialist buy-to-let, second charge, bridging and commercial lending whilst acting as the preferred channel for specialist cases from within The Money Group. Scott Thorpe, co-founder of The Money Group, [...]

L&G revamps critical illness range

2019-07-28T23:01:58+00:00 July 28th, 2019|News|

Legal & General has made changes to its range of critical illness plans. Additional payment conditions within the CI Extra plan has seen the payment level extended to the lower of £30,000 or 50% of the sum insured. Under the children’s CI Extra cover all adult conditions have been included. Alan Lakey, director at CI [...]

Leek United customers donate for Telford Crisis Support

2019-07-26T15:23:04+00:00 July 26th, 2019|News|

Leek United customers have provided donations of cans and dried goods for Telford Crisis Support to make into food parcels. After an appeal from the society, the local community filled the collection point at the Leek United branch to help feed Shropshire families in crisis. Debra Hutchins, customer adviser at Leek United, said: “The response from customers has [...]

West Midlands sees highest rise in property values

2019-07-25T23:03:59+00:00 July 25th, 2019|News|

Homes in the West Midlands have increased in value compared with other regions in the country, property website Zoopla has found. In the West Midlands the average value of homes has risen by £6,695 since January. Laura Howard, spokesperson for Zoopla, said: “The UK housing market gained £60bn in value during the first six months [...]