SPF news

This area of our website includes recent news releases relating to SPF and its subsidiary businesses, which we hope you find of interest.

If you require further news, information or assistance, please call our Press Line on +44 (0) 20 7330 8588.

Latest news

04 November 2010

Broker mortgage products climb to highest level in past two years

Figures released by Mortgage Brain's Monthly Product Analysis have shown that the number of live mortgage schemes available to mortgage brokers is at its highest level since October 2008.

27 September 2010

Making yourself more attractive...

With interest rates at historically low levels, many borrowers have been benefitting from significant reductions in their monthly payments. Many are taking advantage of this extraordinary environment and wisely using money saved to reduce their borrowings.

20 May 2010

HIPS suspended: Good news for vendors

Home Information Packs (HIPs) have today been suspended with immediate effect, pending primary legislation for a permanent abolition.

06 April 2010

Easter brings buyers out in force as lenders reduce mortgage rates

Now that Easter is out of the way, the housing market has picked up with buyers out in force, particularly first-time buyers looking to take advantage of the stamp duty exemption on properties costing less than £250,000.

02 March 2010

Conservative victory will not improve UK housing crisis

* 53 per cent of homeowners believe a change of government would have no impact on the housing market

20 January 2010

More choice for mortgage borrowers as competition among lenders hots up

Competition among lenders is really hotting up, particularly in the sub-75 per cent loan-to-value (LTV) bracket, with the biggest lenders, such as Abbey, Halifax and Woolwich, cutting rates and easing criteria.

23 November 2009

Best mortgage deals via brokers

Mortgage brokers have access to some of the cheapest mortgage rates on the market once more as several lenders backtrack on their policy of dual pricing.

08 October 2009

Private banks versus high-street lenders

Borrowers are increasingly obtaining mortgages from the private banks rather than high-street lenders because they have a willingness to lend that isn't always true of the high street and you don't necessarily have to pay a premium on the rate.

17 September 2009

Council of Mortgage Lenders' survey highlights significant rise in lending

Lending for home purchase showed material annual growth in July for the first time in over 2 years according to figures out this week from the CML. A total of 56,000 mortgages were taken out in July 2009, up from 47,000 in July last year.

16 June 2009

Is now a good time to fix?

Interest rates are at historic lows and it looks as though they could stay at 0.5 per cent for the rest of this year before beginning to rise again. So is now a good time to fix?

30 April 2009

Melanie Bien wins prestigious award

Melanie Bien, head of media relations for Savills Private Finance, was last night voted Mortgage PR of the Year at the Headline Money awards at the Hilton Hotel in London's Park Lane.

28 April 2009

Mortgage market: is it getting easier to obtain finance?

Interest in buying property has picked up since the start of the year as buyers try to match cheaper property prices with lower mortgage rates.

31 March 2009

Self-build and renovation opportunities for SPF clients

Many people dream of building their own home to their own specifications. The credit crunch may not have changed this but it has made it more difficult to obtain self-build finance.

18 March 2009

Ensuring you and your family are adequately covered

Protection is one of those things that many of us intend to arrange yet never get round to. But you can't always rely on being there for those who depend on you.

16 March 2009

Weak pound providing opportunities for clients with homes abroad

Savills Private Finance International, the overseas mortgage arm of SPF, is busy assisting clients who are trying to minimise the impact of a weak pound on their finances.

 

Tel +44 (0) 870 900 7762

Market comment

Mark Harris
Managing Director

10 May 2012

Low interest rates help fuel buy-to-let boom

The Bank of England announced today that interest rates would remain at 0.5 per cent for another month. This came as no surprise as the dire state of the economy means that interest rates will need to be held for the next couple of years at least.