Equity Release lending tumbles 29% in Q1: ERC   

April 28, 2023by

The number of equity release borrowers tumbled by 29% to 16,691 in the first three months of the year...

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There are three ways out of the First Republic mess. All have downsides.

April 28, 2023by

Shares in First Republic are down 95% this year. If the bank survives, it will be smaller, and it...

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Insurance Watch: The (underwriting) truth is out there 

April 28, 2023by

I speak to lots of advisers and attend lots of forums where protection underwriting concerns are raised. These include: ‘Insurers need to...

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Rents rise to new record despite slowed growth: Rightmove

April 28, 2023by

Rents have risen for the thirteenth quarter in a row to a new record of £1,190 per month outside...

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Equity Release loans slump 29% in Q1: ERC   

April 28, 2023by

The number of equity release borrowers tumbled by 29% to 16,691 in the first three months of the year...

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LendInvest to grow BTL thanks to new funding partners

April 28, 2023by

LendInvest has welcomed Wells Fargo as a new funding partner for the business in a £200m financing syndicate with...

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Co-op Bank releases first quarter trading update

April 28, 2023by

The Co-operative Bank has released its first quarter trading update for 2023, recording a profit of £30.6m and underlying...

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NatWest mortgage lending lifts 4.4% to £9.5bn  

April 28, 2023by

NatWest posted a first-quarter pre-tax operating profit jump of 49% to £1.8bn on a year ago, including a rise...

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Barclays Q1 profit lifts, mortgage business slips  

April 27, 2023by

Barclays profit lifted 27% to £1.8bn in the first three months of the year, but added that its mortgage...

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Taylor Wimpey expects stronger second half after tough Q1

April 27, 2023by

UK housebuilder Taylor Wimpey reveals that its net private sales rate for the year to 23 April was 0.75,...

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