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Skipton Building Society will today reduce rates on selected 2, 3 and 5 year residential and buy to let fixed rate mortgages.
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Legal & General’s latest Mortgage Mood survey has revealed that 68% of homeowners fear a mortgage rate rise in the next 12 months.
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Millions of people will benefit from a right to free and impartial guidance on how to make the most of the new pensions choices that come into effect in April 2015, George Osborne announced today.
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Latest research from IRESS highlights that swelling demand for buy-to-let mortgages has triggered a surge in the number of buy-to-let products available on the market.
Mortgage News
Mortgage approvals rising after 4 months of decline: BBA
Gross mortgage borrowing of £11.2 billion was 24% higher than in June last year, according to the latest data from the BBA.
Loans & Lending News
Record-breaking P2P loan from LendInvest repaid
LendInvest has today confirmed that its world record breaking peer-to-peer loan has now been repaid.
Commercial Finance News
UTB expands team to launch new professional lending product
United Trust Bank is continuing to expand its short term lending into new markets by appointing Kevin Flowerday to launch a new Professional Lending product.
Economy News
Global banks 'could face fines of up to £250bn by 2020'
The multi-million pound fines levied to date against global banks for breaking anti-money laundering rules and sanctions violations are the tip of the iceberg, according to data-as-a-service provider, Anomaly42.
Debt & Insolvency News
Payday loan complaints double in the last two years
The Financial Ombudsman Service has today urged people struggling with payday loans, or other debt worries, to confront the 'shame factor' and seek help.
Regulation News
Final notice from FCA on £450,000 fine for senior banker
The Financial Conduct Authority has today published a Final Notice for former JPMorgan banker Ian Hannam stating that it has fined him £450,000.
Insurance News
LV= to use Vizolution system
Vizolution has announced today that LV= is to pilot the use of vScreen to deliver an augmented call centre experience using visuals in its life and broker insurance divisions.
Business News
UK banks to face competiton probe
Essential parts of the UK retail banking sector lack effective competition and do not meet the needs of personal consumers or SMEs, two studies by the Competition and Markets Authority, published today, have found.
Technology News
New sourcing system launches
A new, cloud-based sourcing system has launched, from APAC Systems, combining criteria and application questions from 128 lenders to create a generic application form designed to save time for brokers.
Pensions & Equity Release News
Pension reforms to offer millions free guidance
Millions of people will benefit from a right to free and impartial guidance on how to make the most of the new pensions choices that come into effect in April 2015, George Osborne announced today.
Investments & Offshore News
Price growth lag for London new builds puts investors at risk
New research conducted by LCP, Specialist Fund and Asset Managers, on the new build market in London has revealed that there have been £1.2bn worth of sales already this year.
Surveying & Conveyancing News
Goldsmith Williams no longer accepting instructions directly from brokers
Goldsmith Williams has announced that it is to focus on lender-introduced business and will no longer be accepting instructions directly from brokers and introducers.
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- Nathan Ellis-Calcott, BDM - North, at The Loans Engine
- Secured lending increases 32.8% and sees 'game changing' new lender
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- Goldsmith Williams no longer accepting instructions directly from brokers
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