Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | April 23, 2019

Scroll to top

Top

UK Finance

Invoice finance and asset-backed lending return to growth

March 20, 2019 |

THE UK’S invoice finance and asset-based lending sector returned to growth in the second half of 2018, research has found.

Total advances at the end of December 2018 totalled £22.7bn, according to UK Finance data analysed by risk management software … Read More

First-time home buyers soar while buy-to-let purchases slump

February 19, 2019 |

THE NUMBER of first-time home buyers in the UK reached a 12-year high last year, but new buy-to-let (BTL) purchases fell sharply as tax and regulatory changes weighed on the sector.

UK Finance’s mortgage trends report, released on Tuesday, revealed … Read More

Landbay: London property prices putting a brake on UK market

November 14, 2018 |

STAGNANT house prices in London are acting as a brake on UK house price growth elsewhere, according to Landbay chief executive John Goodall (pictured).

The latest Office for National Statistics (ONS) house price index shows that UK house prices increased … Read More

P2P lending rules to impact mortgage industry, says UK Finance

November 6, 2018 |

UK FINANCE has cited peer-to-peer lending rules among the initiatives set to impact the mortgage industry and warned that “multiple, uncoordinated and un-sequenced regulatory and legislative proposals” will increase operational risks in the financial services sector.

Jackie Bennett, director of mortgages at UK … Read More

Mortgage lending slows in September

October 24, 2018 |

THE UK mortgage market softened during September, according to the latest figures from UK Finance.

The trade association’s data found that gross mortgage lending across the residential market in September equated to £21.5bn, a 1.2 per cent decrease from the … Read More

UK Finance appoints board members from Bibby and Mastercard

October 12, 2018 |

TWO new board members have joined banking trade body UK Finance.

David Postings, global chief executive of Banbury-based Bibby Financial Services, and Mark Barnett, president of Mastercard UK, Ireland, Nordics and Baltics, will replace former Amicus Finance chief executive John … Read More

SME housebuilders urged to consider alternative finance

October 5, 2018 |

CROWDFUNDING has been highlighted as a key source of funding in a new guide to help small- and medium-sized enterprises (SMEs) fund property developments.

Trade body UK Finance and the Federation of Master Builders (FMB) have launched the guide for … Read More

SMEs unwilling to borrow despite greater access to finance

October 2, 2018 |

ALMOST two thirds of UK small- and medium-sized enterprises (SMEs) are not willing to borrow money to fund the expansion of their business, amid “subdued” attitudes towards external financing.

According to the latest BDRC SME Finance Monitor, just 34 per … Read More

Remortgaging fuels rise in approvals

September 26, 2018 |

THE NUMBER of remortgages approved in August soared, fuelling a small rise in the overall mortgage market, according to figures from UK Finance.

The trade association’s data for last month showed that mortgage approvals by the main high street banks … Read More

London loses out to New York in financial centre rankings

September 12, 2018 |

LONDON has been replaced by New York as the world’s top financial centre in a think tank’s latest rankings, due to uncertainty over the Brexit outcome.

The Global Financial Centres Index (GFCI), compiled by think tank Z/Yen each March and … Read More