Majority of FTB’s underestimate the cost of home-ownership.

In a survey carried out by Aldermore, 57% of respondents spent more money than intended, 23% lived in an empty house for months after moving in and 13% said it took years to afford to furnish and decorate it the way they wanted. https://www.propertyreporter.co.uk/finance/new-survey-reveals-majority-of-ftbs-underestimate-the-cost-of-homeownership.html read more

Regulatory changes to the BTL market may decrease the number of ‘pension pot’ landlords.

"In a survey at this week's Financial Reporter Later Life Lending Roadshow, 49% of respondents said that less people will plan to fund their retirement with a buy-to-let property due to recent regulatory changes in the market such as stamp duty increases and cuts to mortgage interest tax relief." https://www.financialreporter.co.uk/later-life/advisers-predict-fall-in-pension-pot-landlords.html read more

Impact launches specialist referral service.

"The service will cover regulated and non-regulated referrals across bridging, commercial, later life lending, specialist residential, buy-to-let and other areas of the specialist lending market." https://www.financialreporter.co.uk/specialist-lending/impact-launches-specialist-referral-service.html read more

CISI launches support portal for financial service professionals.

As only 55% of financial service professionals feel comfortable speaking to their manager about their mental health, the Chartered Institute for Securities & Investment has launched a support portal to encourage the conversation. This arrives at the same time as Mental Health Awareness Day on the 10th of October. https://www.financialreporter.co.uk/finance-news/cisi-launches-mental-health-portal-for-financial-services-professionals.html read more