The Bank of England and FCA today published the latest Mortgage Lenders and Administrators Statistics for the United Kingdom covering the period Q4 2013.
Loans & Lending News
Christian Candy-backed Omni Capital, providers of short and medium-term residential property funding, has launched an international structured finance division offering residential and commercial loans of up to £250 million.
Commercial Finance News
The Shawbrook Commercial Mortgage division is making banding and pricing changes to a broad range of products to keep them in line with the changing needs of its brokers.
Ray Boulger, of independent mortgage adviser John Charcol, comments on today’s statement from the MPC and the mortgage market.
Debt & Insolvency News
Worrying about debt is putting pressure on some people’s mental and physical health, new research has found.
Altus’ latest white paper has found that whilst nearly 90% of firms predict substantial growth in D2C platforms over the next few years, many are being held back by worries over perceived compliance issues.
General insurance provider Uinsure has launched an impartial comparison tool to allow brokers to compare products across the market at point of sale.
The Co-operative Group announces that Euan Sutherland has resigned as Group Chief Executive with immediate effect. Richard Pennycook, Chief Financial Officer, has been appointed as Interim Group Chief Executive.
Connect Mortgage Club has relaunched its website to include more tools and services for brokers.
Pensions & Equity Release News
Customers will get more help to achieve better outcomes when they turn their pension savings into a retirement income, the Association of British Insurers announced today.
Investments & Offshore News
Openwork’s new multi-asset model portfolios have attracted inflows of £125m during a four-week offer period which ended this week.
Surveying & Conveyancing News
Total Conveyancing Services, has joined forces with nine other firms across the UK to develop a new apprenticeship scheme to help people enter the conveyancing profession.
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Gary Bailey's Blog
"They say what goes around comes around, and this is true in the finance sector...."
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