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Skipton launches new three-year fixes and free valuations offer

Skipton launches new three-year fixes and free valuations offer

Skipton Building Society is launching a new range of three-year fixed rate purchase and remortgage products.

12 Dec 2017

F&TRC announces 2017 protection ratings

F&TRC announces 2017 protection ratings

F&TRC has announced its independent 2017 protection product provider ratings.

12 Dec 2017

Longer-term fixed rates hit record high

Longer-term fixed rates hit record high

In Q3, longer-term fixes continued in an upward trend, with five-year products now making up 39% of all mortgage products – an all-time high, according to Paragon Mortgages research.

12 Dec 2017

October remortgaging soars 16%: UK Finance

October remortgaging soars 16%: UK Finance

New UK Finance data shows that the remortgage market saw a significant boost ahead of the Bank of England's rate rise decision.

12 Dec 2017

NatWest to launch 100% LTV product transfers with proc fee roll out

NatWest to launch 100% LTV product transfers with proc fee roll out

NatWest Intermediary Solutions is launching its new product transfer facility on Thursday 14 December, along with a new range of product transfer mortgage deals up to 100% LTV.

12 Dec 2017

Mortgage activity at nine-year high but FTB lending dips: BoE

Mortgage activity at nine-year high but FTB lending dips: BoE

Mortgage lending activity increased in Q3 with new commitments at the highest level since 2008, however lending to first-time buyers decreased, according to the Bank of England's Mortgage Lenders and Administrators Statistics.

12 Dec 2017

Lender stability a priority for brokers placing new business

Lender stability a priority for brokers placing new business

Six out of ten brokers are increasingly considering whether they and their customers can rely on lenders when placing new business, a United Trust Bank survey has found.

12 Dec 2017

Annual house price growth falls to 4.5% as London market cools: ONS

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Annual house price growth falls to 4.5% as London market cools: ONS

Average house prices in the UK increased by 4.5% in the year to October, down from 4.8% in September 2017, according to the latest ONS house price data.

12 Dec 2017

Inflation rises to 3.1%

Inflation rises to 3.1%

CPI inflation rose to 3.1% in November, after remaining at 3% in September and October, according to the latest ONS data released this morning.

12 Dec 2017

MPs call for 'opt out' pension guidance

MPs call for 'opt out' pension guidance

Pension savers seeking to access cash should receive guidance unless they take an active decision to ‘opt out’, the Work and Pensions committee has recommended.

12 Dec 2017

 

Hope Capital outlines expansion plans after record growth

Hope Capital outlines expansion plans after record growth

Hope Capital has announced that it has made two key appointments and is now moving to new premises as part of its expansion plans after reporting its most successful three months.

12 Dec 2017

SVR mortgages increase by just 0.14% since rate rise

SVR mortgages increase by just 0.14% since rate rise

Although the average standard variable rate has increased since the base rate rise on 2 November, as expected, average rates fall short of the anticipated 0.25% rise, according to Moneyfacts data.

12 Dec 2017

Six found guilty over £2.7m boiler room scam

Six found guilty over £2.7m boiler room scam

In a criminal prosecution brought by the FCA, three defendants have been found guilty for their roles in a series of boiler rooms which led to the loss of more than £2.7m of investors’ funds.

12 Dec 2017

Skipton announce further cuts to BTL interest rates

Skipton announce further cuts to BTL interest rates

Skipton BS has announced that from 12th December there will be a refreshed range of fixed rate BTL products available with interest rates lowered on selected products by up to 0.25%.

11 Dec 2017

Bluestone announce new partnership with Online Mortgage Advisor

Bluestone announce new partnership with Online Mortgage Advisor

Specialist lender, Bluestone Mortgages, has announced a new partnership with Online Mortgage Advisor (OMA) to offer an online eligibility check via an integrated API (Application Program Interface) for customers that enquire via the OMA Advisor website.

11 Dec 2017

Kuflink announce new CEO

Kuflink announce new CEO

Kuflink Group has announced today that it has appointed Narinder Khattoare as its new CEO.

11 Dec 2017

YBS increases variable savings rate

YBS increases variable savings rate

Yorkshire Building Society will increase the interest rate on its variable rate savings accounts by 0.25% as of Thursday.

11 Dec 2017

BM Solutions' Phil Rickards to become IMLA Chair

BM Solutions' Phil Rickards to become IMLA Chair

The Intermediary Mortgage Lenders Association has confirmed the election of its 2018 board following its recent Annual General Meeting and a year of successful growth, with Phil Rickards taking on the role of Chair from 1st January.

11 Dec 2017

Protection sales reach new five-year high

Protection sales reach new five-year high

Analysis from Equifax Touchstone has shown that total sales of protection products increased by 1.4% in Q3 2017 to £149.1 million, a new five year high. Year-on-year total sales are up by 7.0%

11 Dec 2017

Mortgage write offs plummet 79% in one year

Mortgage write offs plummet 79% in one year

The value of residential mortgages written off by banks and building societies in the last year has hit a 12-year low, research from peer-to-peer platform Lendy shows.

11 Dec 2017

Northern England sees surge in million pound house sales: Lloyds

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Northern England sees surge in million pound house sales: Lloyds

Sales of million pound properties in northern England strongly outperformed many other parts of the country in the first six months of 2017, according to Lloyds Bank data.

11 Dec 2017

'Different speeds for different markets' in 2018: Rightmove

'Different speeds for different markets' in 2018: Rightmove

Rightmove forecasts 1% growth in new seller asking prices in 2018 as a result of upwards price pressures in some sectors and locations mitigated by negative price forces in others.

11 Dec 2017

In the Spotlight with Craig McKinlay, Northview Group

In the Spotlight with Craig McKinlay, Northview Group

We spoke to The Northview Group's Craig McKinlay about the growth of the specialist lending market and why it's vital that the industry supports 'lending for real life'.

08 Dec 2017

FCA to amend definition of advice in January Handbook changes

FCA to amend definition of advice in January Handbook changes

The FCA has confirmed that an amended definition of financial advice will come into effect on the 3rd of January based on a government recommendation.

08 Dec 2017

Coventry for intermediaries cuts buy-to-let rates by 0.20%

Coventry for intermediaries cuts buy-to-let rates by 0.20%

Coventry for intermediaries has reduced rates on its two year fixed rate buy-to-let range by 0.20%.

08 Dec 2017

Mortgage Brain's MTE platform processes over 2 million transactions

Mortgage Brain's MTE platform processes over 2 million transactions

Mortgage Brain has announced that its mortgage application platform, Mortgage Trading Exchange, has processed over two million mortgage transactions since its launch.

08 Dec 2017

Experian acquires 25% stake in London & Country

Experian acquires 25% stake in London & Country

Experian has acquired a minority stake in mortgage adviser London & Country Mortgages.

08 Dec 2017

Friday afternoon fraud: protecting your treasure trove of data

Friday afternoon fraud: protecting your treasure trove of data

The ‘computer age’ has given us many breakthrough moments, revolutionising pretty much every single work environment you can think of and, propelling our own industry far beyond anything imaginable just 20 years ago. It’s fair to say that these developments will not be stopping anytime soon and, in areas like ‘robo advice’ for instance, we are probably witnessing the next stage of advice evolution, albeit one which I’m quite certain will still need the skills and experience of quality advisers in human form. That’s you, by the way.

08 Dec 2017

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