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Author profile

Stephen Quigley

Articles by Stephen Quigley

Your profession

Pensioner property equity drops just £43

A Prudential equity release study has recorded its lowest ever quarterly decline in equity values for homeowners aged 65 and over.

clock 26 August 2009 •

Industry

Mortgage adviser confidence falls on Q4 prospects

Fewer than half of mortgage advisers think business will improve in the last quarter of 2009.

clock 26 August 2009 •

Your profession

RBS delivers staff body blow - papers

Staff at Britain's state-backed lenders were dealt a double blow yesterday after Royal Bank of Scotland slashed the pension benefits of 62,500 workers and Lloyds Banking Group cut another 200 jobs according to the Telegraph.

clock 26 August 2009 •

Industry

Mortgage approvals reach 17-month high

Mortgage approvals for house purchase have risen to a 17-month high, according to the British Bankers' Association (BBA).

clock 25 August 2009 •

Industry

Lenders reluctant to reduce fixed rate mortgage costs

Borrowers are continuing to suffer as lenders remain reluctant to reduce the cost of fixed rate mortgages, according to Moneyfacts.co.uk.

clock 25 August 2009 •

Industry

Director fined for keeping IFA concerns quiet

The director of a Cornwall-based IFA has been slapped with a £17,500 fine for failing to tell the FSA about an employee's suspect methods and ethics.

clock 25 August 2009 •

Industry

Building societies under threat - KPMG

Building societies are likely to suffer falling profits as interest rates remain low and credit losses mount, says accounting group KPMG.

clock 24 August 2009 •

Industry

Mortgage approval rates hit 80%

A total of 80% of mortgage applications were approved in July, representing a 10% increase on the start of the year.

clock 20 August 2009 •

Industry

Gross lending rises to nine month high in July

Gross mortgage lending rose 26% to £16bn in July compared to the previous month, according to the latest data from the Council of Mortgage Lenders (CML).

clock 20 August 2009 •

Industry

AMI urges caution over 'unnecessary' mortgage regulation

The Association of Mortgage Intermediaries (AMI) has urged caution over "unnecessary regulation" which it believes is unlikely to have the desired effect on the UK market.

clock 20 August 2009 •
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