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Top Stories

  • FCA raises "serious concerns" over SIPP transfer scheme

    “Serious concerns” have been raised by the Financial Conduct Authority over a pension transer scheme which has seen up to 100 savers switch as much as £4m into SIPPs with underlying investments in an AIM-listed company in return for cash back incentives. Read more

  • Sesame: pay-to-play schemes 'not uncommon'

    Sesame is "not alone" in selling places on its restricted panel of product providers to the highest bidder, executive chairman John Cowan has said, following news yesterday that the company received a £1.6m fine for the banned practice. Read more

  • Million pound home sales at record high

    The number of property sales worth at least a million pounds is at a record high, according to latest research from Lloyds Bank. Read more

  • Post-MMR buyers look for longer mortgage terms

    Consumer appetite for mortgage finance is increasingly coming from higher earners under the new MMR affordability rules, according to the Q3 2014 Mortgage Search Tracker from Mortgage Advice Bureau. Read more

Latest News

JUST IN
Jeremy Duncombe, Director of Mortgages at Legal & General

Yorkshire BS cuts rates on 95% fixes

Nearly half will turn to advisers for pension advice

BM Solutions reduces BTL rates

Countrywide completions up 15% in Q3

Aegon joins the Seven Families protection campaign

RBS reports Q3 profits

Blimey! appoints new BDM

Blogs

Rozi Jones: A new face at Financial Reporter

Government in discussions over BoE's housing market powers

Popular This Week

FCA fines Yorkshire Building Society £4.1m

Yorkshire Building Society has today been fined £4,135,600 for failings when dealing with its mortgage customers experiencing payment difficulties.

Latest Comments

Profit for the quarter came in at £896m, compared to a loss last year, helped by a reduction in bad debt. Investors will be pleased to hear the bank continues with its cost cutting and is on track to achieve...

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Revenues in the second half were 1% lower than the first half which suggests that the operating trends in the business still remain challenging. However, the key focus is now on the new strategy that management...

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...the sands are shifting in the first-time buyer market. Loan-to-income caps announced in June have added further restrictions for lenders to factor in, on top of the tranche of regulations implemented...

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Freelancer Financials
Freelancer Financials 29 Oct 2014

This is great news. We'll definitely be pushing this out to our contractor clients. Another major advantage is its policy not to discriminate between IT and non IT professionals. Instead, they are open...

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In The Spotlight

JUST IN
Jeremy Duncombe, Director of Mortgages at Legal & General

Financial Reporter spoke to Jeremy Duncombe, Director of Mortgages at Legal & General, about how brokers should 'never' pick a lender based on proc fees and opportunities for remortgage. Read more

Features

Everybody wants a piece of the auction

[Special feature from Tomer Aboody, Director at MT Finance] Read more

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