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What the papers say

This newsfeed lists housing and mortgage related articles covered in the national, regional and trade press. You do not need to have a Newspaper Licensing Agency (NLA) license to use this service or to forward the links. If you wish to print or store copies of these articles, your organisation will need to have an NLA license. Please be aware that you are bound by each publisher's terms and conditions. 

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Recent news

19 results

Virgin Money underlying profit more than doubles after IPO
(05/03 09:10 - City A.M.)
The figures Virgin Money said full-year underlying pre-tax profit soared 127 per cent thanks to its swelling mortgage loan book. The challenger bank, which floated in November, said underlying pre-tax profit was ?121m, up from ?54m in 2013, buoyed...
Virgin Money's profits double as it sells more mortgages
(05/03 09:04 - Telegraph)
Virgin Money had a nearly 4pc share of the mortgage market in January, the bank said, citing Bank of England data.   Virgin Money Holdings, one of many smaller banks seeking to challenge Britain's big four lenders, said its full-year pretax...
Richard Branson's Virgin Money staff get bonus windfall as profits ROCKET 127%
(05/03 08:34 - MSN UK)
© Provided by Business Insider Challenger bank Virgin Money just unveiled a massive 127% rise in profits before tax in 2014. And it plans to share the wealth with its employees. In the upstart...
UK house prices fall in February - Halifax
(05/03 08:23 - Reuters UK)
LONDON (Reuters) - British house prices fell in month-on-month terms in February for the first time since last October,...
Did bankers scam the bank rescue scheme?
(05/03 07:56 - BBC)
Central banks like the Bank of England are something of a confidence trick. Their ability to maintain the value and integrity of the currency, their success in promoting economic and financial...
London to lose its crown as home to the world's richest
(05/03 07:47 - Telegraph)
Luxury London property owners must expect a slowdown in prices compared to other leading global cities over the next decade.   Photo: JEFF GILBERT London and New York will be battling to be the leading haven for the world’s richest people...
Virgin Money's profit more than doubles as mortgages rise
(05/03 07:32 - Reuters UK)
March 5 (Reuters) - British lender Virgin Money Holdings (UK) Plc, which made its stock market debut in 2014, said full-year pretax profit...
First time buyers' extra ?140k house price spend
(05/03 07:15 - ITV.com)
First time buyers in London are paying an extra ?140,000 compared to what they would be paying if house prices had risen in line with income. The charity, Shelter, says that if the average...
Ending Help to Buy will ‘choke’ market
(05/03 03:07 - Introducer Today)
Failing to replace Help to Buy 2 will choke off competition and choice for first-time buyers, lenders and brokers have warned. New research by the Intermediary Mortgage Lenders Association (IMLA)...
1.75m households risk mortgage shock
(05/03 03:07 - Introducer Today)
More than 1.75 million mortgaged households are at risk of a financial shock when base rates finally increase. The Money Charity has warned that these households have never experienced a rise in...
IMLA: FTBs will be hit by H2B2 closure
(05/03 01:30 - Mortgage Introducer)
Failing to replace the Help to Buy 2 mortgage guarantee with a permanent indemnity scheme will push the first-time buyer market back into decline, according to new research by the Intermediary...
1.75m at risk of mortgage rate rise shock
(05/03 01:30 - Mortgage Introducer)
The Money Charity has warned that more than 1.75m mortgaged households have never experienced a rise in the Bank of England base rate, putting them at risk of a financial shock when rates do...
Calls for Help to Buy scheme to be renewed
(05/03 00:20 - thetimes.co.uk)
Ending the mortgage guarantee part of the government’s Help to Buy scheme without a permanent replacement would push the first-time buyer market into decline, according to a new report. The Intermediary Mortgage Lenders Association...
Housing prices out of control as first time buyers paying ?77k too much
(05/03 00:16 - Mirror.co.uk)
First-time buyers would be paying ?77,000 less to get on the property ladder if house price inflation had kept pace with wage increases in recent decades, according to analysis by Shelter. Across England, the price of a starter home has increased by...
Help-to-buy scheme needs replacement before it ends, warn mortgage lenders
(05/03 00:11 - Guardian.co.uk)
Failure to replace the help-to-buy mortgage guarantee scheme when it comes to an end next year will choke off competition and push the first-time buyer market back into decline, lenders have warned. The scheme, which offers banks and building...
Number of ultra-rich swells to almost 173,000
(05/03 00:06 - Guardian.co.uk)
The world’s super-rich continued their seemingly unstoppable rise last year with the number of people worth $30m (?19.7m) or more expanding to 172,850. Between them they control nearly $22tn in assets – more than the national output of the US and Germany...
FPC under pressure to review LTI cap
(05/03 00:03 - Money Marketing Online)
| By Trade bodies have urged the Financial Policy Committee to review its loan-to-value cap over fears of a “domino effect”, where more lenders introduce their own caps. In October, the FPC, which is a Bank of England committee tasked with ensuring...
In the struggle over housing, the Tories’ blind spots have given Labour the advantage
(04/03 22:26 - New Statesman)
On the wall of Ed Miliband’s office is a 1945 Labour poster promising “a non-stop drive to provide a good home for every family”. For the opposition leader, it is a permanent reminder of the need to...
Bank of England urged to let rip on inflation
(04/03 18:51 - Telegraph)
Weimar Germany, when generating inflation didn't go so well   Photo: ROGER-VIOLLET/TOPFOTO There is an amusing, if somewhat academic, debate going on in the blogosphere about whether it makes sense to raise the Bank of England's inflation...

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