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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.
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The proportion of UK properties currently on the market for sale with a reduced asking price has fallen to its lowest level in four years according to property website Zoopla.co.uk.
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Masthaven Bridging has announced the appointment of Jan Gallagher as National Corporate Sales Manager.
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Help to Buy 2 will be cut short, lenders have predicted in research conducted by the Intermediary Mortgage Lenders Association.
Mortgage News
Intelliflo launches MMR checklist for advisers
With the Mortgage Market Review fast approaching, Intelliflo has today released its MMR Checklist in a bid to ensure that mortgage advisers are aware of and prepared for the changes that the new regulation will bring in.
Loans & Lending News
Sensible Home Finance hits £1m mark with Masthaven
Sensible Home Finance has become the latest lending partner to achieve the £1 million completions mark with Masthaven Secured Loans.
Commercial Finance News
UTB expands asset finance options for engineering machinery
United Trust Bank has extended the range of assets it will now consider financing to include engineering and manufacturing equipment.
Economy News
Putting the bank rate in historial context - Ray Boulger
Ray Boulger, of independent mortgage adviser John Charcol, comments on today’s statement from the MPC and the mortgage market.
Debt & Insolvency News
Third of people with debt worries say mental health affected
Worrying about debt is putting pressure on some people’s mental and physical health, new research has found.
Regulation News
Compliance 'obsession' holding D2C platforms back
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.
Insurance News
Uinsure launches broker sales tool
General insurance provider Uinsure has launched an impartial comparison tool to allow brokers to compare products across the market at point of sale.
Business News
Record levels of business sees Fincorp looking to recruit
Bridging lender Fincorp is on the lookout for a talented business development director and two administrative staff to help the company cope with record levels of business.
Technology News
CMC launches revamped website for brokers
Connect Mortgage Club has relaunched its website to include more tools and services for brokers.
Pensions & Equity Release News
ABI sets out reforms to boost retirement incomes
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
New Omnis funds raise £125m in four-week offer period
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
Conveyancers offering better value for money than estate agents
Estate agents hit the headlines last week with the report from the HomeOwners Alliance that their fees are more than fifty percent higher than those charged by lawyers.
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