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Is 'credit repair' a dirty phrase?

Is 'credit repair' a dirty phrase?

For some brokers credit repair is a dirty phrase that conjures up images of unreliable clients with shady credit histories that should be avoided at all cost.

15 Dec 2017

In the Spotlight with Paul Crewe, Smart Money

In the Spotlight with Paul Crewe, Smart Money

Paul Crewe, Managing Director at Smart Money, about increased consumer confidence in the bridging market and whether Brexit will hinder the market.

15 Dec 2017

New Year, new EIS investment opportunities

New Year, new EIS investment opportunities

This might be the time of year when we are all supposed to look forward to the new year, and what it might hold for all of us, but without understanding the past we can’t hope to develop, adapt and grow in the future.

15 Dec 2017

Scottish Widows appoints Distribution Director

Scottish Widows appoints Distribution Director

Scottish Widows is to appoint Jackie Leiper to the role of Distribution Director in January 2018, subject to regulatory referencing.

15 Dec 2017

The Right PMI partners with civil service healthcare firm

The Right PMI partners with civil service healthcare firm

The Right PMI & Healthcare, the specialist PMI division of The Right Mortgage & Protection Network, has partnered with CS Healthcare.

15 Dec 2017

Conveyancing Association urges industry to 'think big' on home buying revamp

Conveyancing Association urges industry to 'think big' on home buying revamp

The Conveyancing Association has issued its formal response to the DCLG’s Call for Evidence on ‘improving the home buying and selling process’, saying the focus needs to be on ‘thinking big’ and not being constrained by the home buying process as it currently exists.

15 Dec 2017

Accord cuts buy-to-let rates by up to 0.35%

Accord cuts buy-to-let rates by up to 0.35%

Accord Buy To Let has reduced rates by up to 0.35% on three quarters of its mortgage range.

15 Dec 2017

Free legals - are they worth it?

Free legals - are they worth it?

With the dramatic rise in homeowners choosing to remortgage their properties over the past few years, the debate within the industry as to the merits or otherwise of free legals has been both protracted and contentious.

15 Dec 2017

Moving home costs nearly a third of the average UK salary

Moving home costs nearly a third of the average UK salary

The cost of moving house has hit a record high of £7,356, according to comparison site Really Moving.

15 Dec 2017

Scotland to introduce new starter income tax rate of 19%

Scotland to introduce new starter income tax rate of 19%

The Scottish Budget has set out proposals for two new rates of income tax – a starter income tax rate of 19% for the first £2,000 of income (above the personal allowance) and an intermediate income tax rate for earnings between £24,000 - £44,273 of 21%.

14 Dec 2017

 

Zurich targets retirement wealth with platform price cut

Zurich targets retirement wealth with platform price cut

Zurich is cutting platform charges for consumers with larger portfolios.

14 Dec 2017

MPC votes unanimously to maintain Bank Rate at 0.5%

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MPC votes unanimously to maintain Bank Rate at 0.5%

The Bank of England's Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.50% in its latest meeting.

14 Dec 2017

UK Finance "more optimistic" about mortgage market than a year ago

UK Finance "more optimistic" about mortgage market than a year ago

Trade body UK Finance says it is "more optimistic than a year ago" about the performance of the mortgage market over the next two years.

14 Dec 2017

FHL increases buy-to-let maximum LTV to 80%

FHL increases buy-to-let maximum LTV to 80%

Foundation Home Loans has increased the maximum LTV on its standard and first time landlord products from 75% to 80%.

14 Dec 2017

Prudential reveals top adviser challenges as helpline calls hit record high

Prudential reveals top adviser challenges as helpline calls hit record high

Prudential’s technical helpline for financial advisers took over 17,000 calls in 2017, up 20% on the previous year.

14 Dec 2017

FCA fines AIM investment firm for failing to disclose inside information

FCA fines AIM investment firm for failing to disclose inside information

The FCA has fined Tejoori Limited £70,000 for failing to inform the market of inside information - the first time it has imposed on an AIM company for late disclosure following the introduction of Market Abuse Regulation on 3 July 2016.

14 Dec 2017

43% of over 50s workers only "occasional" pension savers

43% of over 50s workers only "occasional" pension savers

One in five (18%) workers in their fifties and sixties are unable to save anything for their retirement, while millions more are unaware of how much they need to be able to retire, according to new research from Aviva.

14 Dec 2017

Equity release market hits new record high in November

Equity release market hits new record high in November

The number of homeowners taking out an equity release plan reached record levels for the second consecutive month, according to the latest figures from Responsible Equity Release.

14 Dec 2017

Housing market unconvinced activity will gain impetus: RICS

Housing market unconvinced activity will gain impetus: RICS

The November RICS UK Residential Market Survey results are again indicative of subdued momentum in the housing market, although after deteriorating in recent months, activity appears to be stabilising to some extent.

14 Dec 2017

Brexit transition deal is "now urgent", government warns

Brexit transition deal is "now urgent", government warns

The Treasury Committee has published a unanimously-agreed report arguing that an agreement between the UK and EU27 on ‘standstill’ transitional arrangements "is now urgent".

14 Dec 2017

3mc launches expat buy-to-let exclusive with Aldermore

3mc launches expat buy-to-let exclusive with Aldermore

3mc has launched a buy-to-let mortgage deal designed for use by British expats, funded by Aldermore Bank.

14 Dec 2017

The price of postcodes

The price of postcodes

A postcode can spark a whole dinner party discussion or sit largely ignored in the corner. It’s not unusual to hear tales of snobbery in areas where neighbouring postcodes are held in higher regard than others. On the surface this may come across as somewhat pretentious but it’s also prudent to point out scenarios where such boundaries can make a significant - or not so significant - difference to health, wealth and education.

13 Dec 2017

NatWest cuts residential rates by up to 0.30%

NatWest cuts residential rates by up to 0.30%

From tomorrow, NatWest is introducing rate changes across its core and semi-exclusive residential and buy-to-let purchase and remortgage ranges.

13 Dec 2017

Principality launches 0.20% retention proc fee

Principality launches 0.20% retention proc fee

Principality Building Society will pay a retention procuration fee of 0.20% to intermediaries for recommending a product transfer from today.

13 Dec 2017

Hinckley & Rugby launches Referrals Committee for complex cases

Hinckley & Rugby launches Referrals Committee for complex cases

Hinckley & Rugby Building Society has established a Mortgage Referrals Committee of six senior staff to consider complex and niche mortgage applications and enquiries from brokers.

13 Dec 2017

Failing to refinance costs UK developers £20m a year

Failing to refinance costs UK developers £20m a year

UK developers are wasting £20m a year on interest they don’t need to pay, according to research from Thistle Finance.

13 Dec 2017

TSB cuts shared ownership and shared equity rates by up to 0.25%

TSB cuts shared ownership and shared equity rates by up to 0.25%

TSB has reduced two-year fixed rates for shared ownership and shared equity borrowers by between 0.20% and 0.25%.

13 Dec 2017

Second charge lending rebounds with 20% annual rise

Second charge lending rebounds with 20% annual rise

Second charge mortgage new business increased 20% by value and 19% by volume on an annual basis in October, according to figures from the Finance & Leasing Association.

13 Dec 2017

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