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Author profile

Kay McLellan

Articles by Kay McLellan

Mortgages

House prices remain 'surprisingly resilient' - Nationwide

Nationwide figures have today revealed average UK house prices rose by 0.4% in November and 1.6% on a year ago, adding to the mixed picture across the major house price indices.

clock 29 November 2011 •

Regulation

FSA fines non-advised mortgage business

The FSA has fined Fastmoney - a non-advised mortgage and bridging loan contract arranger - £28,000 for failing to ensure that customers were treated fairly.

clock 24 November 2011 •

Regulation

FSA too easy on banks, say consumers

Three-quarters of consumers believe the FSA failed to stand up to the banks in the run-up to the financial crisis and has not done enough to help consumers, according to Which?.

clock 03 November 2011 •

Regulation

FSA too easy on banks, say consumers

Most consumers believe the FSA failed to stand up to the banks in the run-up to the financial crisis and has not done enough to help consumers, according to a poll by Which?.

clock 03 November 2011 •

Mortgages

House prices fall 2.6% year-on-year

Average house prices in September dropped 2.6% year-on-year, with the average house price in England and Wales now £162,109, according to the Land Registry.

clock 28 October 2011 •

Mortgages

HMRC chasing £35m in Stamp Duty avoidance

HMRC is preparing to go to court to challenge Stamp Duty tax avoidance schemes that have cost it £35m in lost revenue.

clock 28 October 2011 •

Buy-to-let

Abbey to distribute all retail products through brokers; confirms BTL launch

Abbey for Intermediaries has revealed plans to distribute all of its core retail financial products through brokers and confirmed its much-speculated entry into the buy-to-let sector.

clock 17 October 2011 •

Investment

UK unemployment hits 17-year high

Unemployment in the UK increased by 114,000 for the three months to August to 2.57m people - the highest number since 1994, according to the Office for National Statistics (ONS).

clock 12 October 2011 •

Companies

Why paying brokers is still the most efficient route to market

Saffron Building Society's John Eastgate on why direct channels still cannot compete with intermediaries

clock 12 October 2011 •

Mortgages

CML: Remortgages soar 33% year-on-year

The number and value of remortgages taken out in August increased by more than 30% on the same period of last year, as the market showed "welcome signs of life", according to the CML.

clock 11 October 2011 •
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