News

Over-65s earning £1,000 a month from their properties

2019-02-22T00:01:50+00:00 February 22nd, 2019|News|

Mortgage-free retired homeowners saw their homes increase by nearly £1,000 a month in the past six months despite housing market uncertainty, analysis from equity release adviser Key has found. Total property wealth owned by over-65s who are mortgage-free is at a new record high of £1.118 trillion, after increasing by £5,998 on average across Great [...]

Equity Release Council: RIO advisers could learn from equity release advisers

2019-02-20T00:01:27+00:00 February 20th, 2019|News|

The Equity Release Council’s David Burrowes reckons the later life mortgage industry could learn from how equity release advisers deal with and advise potentially vulnerable customers. Burrowes, chairman of the council, highlighted the FCA’s April 2017warning that any customer can be become vulnerable at any time in their life, for example through serious illness, bereavement or loss of income. He [...]

Search Acumen gives lawyers instant access to Public Rights of Way

2019-02-19T00:01:38+00:00 February 19th, 2019|News|

Search Acumen, the property data insight and technology provider, has upgraded its commercial real estate platform ForeSite to give lawyers and property professionals instant access to Public Rights of Way (PRoW) data held by all 326 Local Authorities in England and Wales. The enhancement means that for the first time, conveyancers and commercial property lawyers [...]

Bridging lenders grow in confidence about the economy

2019-02-18T00:08:23+00:00 February 18th, 2019|News|

Bridging lenders have become more confident about the long-term economic prospects for the UK, The latest sentiment survey from the Association of Short Term Lenders (ASTL) has found. More than 57% of bridging lenders said they were confident about the long-term future for the UK economy, compared to just 37% of those who in March [...]

Flexible working doesn’t just mean working from home anymore

2019-02-15T12:27:25+00:00 February 15th, 2019|News|

Darrell Walker, head of sales at InterBay Commercial Our workplace and approach to work and life is forever changing and seemingly changing fast. Over the last couple of years I’ve witnessed increased requests from prospective candidates for flexible working patterns to enable them to better balance career and home life. Essentially it seems to attract [...]

North Kesteven in the East Midlands is the best place to buy a house

2019-02-15T01:01:04+00:00 February 15th, 2019|News|

North Kesteven in the East Midlands is the best place to buy a house in the country, taking into account house prices and low crime rates, property platform OkayLah.co.uk has found. It looked at the total crime per capita, crime committed per 100 people, across each council region of the nation, comparing this to the average house [...]

Connect adds Lenderlink and Fluent Money to second charge lending panel

2019-02-14T00:01:53+00:00 February 14th, 2019|News|

Connect for Intermediaries has added Lenderlink, a system from Specialist Mortgage Group, and Fluent for Advisers to its second charge lending panel. Launched in July 2018, Lenderlink offer access to a panel of second charge lenders. All Connect network members will automatically be registered and will be able to use the system to initial research solutions [...]

HNW Lending completes asset-based loan in five days

2019-02-13T00:03:44+00:00 February 13th, 2019|News|

Asset-based lender HNW Lending has completed a property loan for a developer in five days from initial enquiry. The lender, which uses funds provided by its founder Ben Shaw and a number of high net worth backers, was able to advance the loan based on the developer’s assets, which included buy-to-let properties, two garages and [...]