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Top Stories

  • Up to £232m taken yearly in hidden pension charges

    A report by the Independent Project Board revealed that one in four pension pots (up to £25.8bn of assets) incur charges of more than 1% a year and worryingly, savers with the smallest pots were the most likely to pay higher charges. Read more

  • FCA: debt management firm to pay £185,000 redress

    The Financial Conduct Authority has announced that Harrington Brooks is the first debt management firm to agree a redress package since the FCA took over responsibility for regulating the sector this year. Read more

  • Govt to sell £3bn Lloyds shares

    Yesterday, Chancellor George Osborne furthered plans to return Lloyds Banking Group to private ownership by announcing that the government will sell part of its remaining shareholding in the firm. Read more

  • Property discounts at two year high

    33% of all UK properties currently on sale have seen their asking price lowered at least once since coming to the market, up from 27% in early 2014 and the highest proportion of discounting since August 2012. Read more

Latest News

The Nottingham raises proc fees

Selectapension enhances investment software

Natwest reduces LTV rates

Accord increases proc fees

Government to strengthen FCA's enforcement decisions

CML: Gross mortgage lending down 9%

Vantage Finance to offer specialist mortgage packaging

Only 24% of Brits can afford to retire

Retirees in danger of savings scams

Ageas and Virgin to launch home insurance range

Popular This Week

Firms must report all complaints to FCA

The FCA have today published plans to reform the way complaints will be dealt with and reported.

Special Features

Was 2014 a watershed year for alternative funding in the UK?

The terms ‘challenger bank’ and ‘alternative funding’ were virtually unheard of before 2007. However, in recent years they have started to receive considerable attention, and their importance & influence on today’s financial landscape is undeniable.

Latest from Property Reporter

One in six borrow to pay mortgage

£800m in unpaid rent owed to landlords

Gross mortgage lending slips 9% in November

93% of landlords unconfident making immigration checks


Latest from Commercial Reporter

Vantage Finance launches specialist mortgage packaging division

Peer-to-peer to 'revolutionise' BTL lending

Connect Mortgage Club to offer second charge BTL

Virgin cuts buy to let for FTBs


Latest Comments

Glenn Stuart
Glenn Stuart 12 Dec 2014

A very open and honest assessment. It show's Norton Finance will be heading into 2015 with a clear vision after a very succesful 2014.

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This review shines the spotlight firmly on poor market practices – primarily people rolling over into the holding provider’s own annuity - and the resulting customer detriment. This is an issue many in...

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The vast majority of borrowers are opting for a fixed rate which is a no-brainer; while an interest-rate rise may still be some way off, fixed rates are just too good to turn down and continue to fall

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Homeowners with fixed-rate mortgages – representing 94% of buyers in October – also won’t be impacted by interest rate rises until their fixed period comes to an end. In today’s market of record low mortgage...

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In The Spotlight

In the Spotlight with Paul Stringer, Managing Director at Norton Finance

We spoke to Paul Stringer, Managing Director of Norton Finance, about the future of secured lending regulation and new products for 2015. Read more

Features

Was 2014 a watershed year for alternative funding in the UK?

The terms ‘challenger bank’ and ‘alternative funding’ were virtually unheard of before 2007. However, in recent years they have started to receive considerable attention, and their importance & influence on today’s financial landscape is undeniable. Read more

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