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TFC Homeloans partners with Axis Bank

TFC Homeloans partners with Axis Bank

Packager TFC Homeloans has linked up with specialist buy-to-let lender Axis Bank UK.

23 Mar 2017

Mortgage affordability improving despite house price rises: MAB

Mortgage affordability improving despite house price rises: MAB

New research from Mortgage Advice Bureau suggests that mortgage affordability is improving, despite ongoing increases in house prices in many areas of the UK.

23 Mar 2017

Advisers see 'surge in demand' for ISA transfers

Advisers see 'surge in demand' for ISA transfers

Advisers are seeing a surge in demand for ISA transfers as savers worry about a lack of real savings choice, new research from MetLife shows.

23 Mar 2017

Scrap pensions 'triple lock', says Cridland report

Scrap pensions 'triple lock', says Cridland report

The state pension age should be pushed back a year to 68 to cut the UK’s £100bn a year pension costs and scrap the 'triple lock', according to an independent review by John Cridland which was commissioned by the government.

23 Mar 2017

Gross mortgage lending reaches £18.2bn in February: CML

Gross mortgage lending reaches £18.2bn in February: CML

The Council of Mortgage Lenders estimates that gross mortgage lending reached £18.2 billion in February. This is 8% lower than January’s lending total of £19.8 billion, and closely matches the £18.1 billion lent in February last year.

23 Mar 2017

Furness BS scraps ICR for buy to let

Furness BS scraps ICR for buy to let

Furness Building Society has scrapped ICR for buy to let assessments and also launched a new range of BTL products.

23 Mar 2017

Magellan agrees to distribute products via TMA

Magellan agrees to distribute products via TMA

Magellan Homeloans, the specialist mortgage lender, has reached agreement to distribute its range of mortgage products via The Mortgage Alliance.

23 Mar 2017

Over-65s property wealth at new high

Over-65s property wealth at new high

New analysis from Key Retirement has highlighted that over-65 homeowners’ property wealth has hit a new record of £1.072tr.

22 Mar 2017

Hinckley & Rugby announce 23% surge in net mortgage applications

Hinckley & Rugby announce 23% surge in net mortgage applications

At today’s 151st AGM in Hinckley, the Society revealed that net mortgage applications totaled £48m from December 1 2016 to February 28 2017. At the end of February the mortgage book stood at £559m, £19m higher than at the start of December.

22 Mar 2017

Protection sales up 14% during 2016

Protection sales up 14% during 2016

According to the latest analysis from Equifax Touchstone, the protection market saw sales rise to £521m during 2016 - a rise of 13.9% from the 2015 total of £457.3m.

22 Mar 2017

 

Groundbreaking Women in Finance Charter adds 33 new firms

Groundbreaking Women in Finance Charter adds 33 new firms

Another 33 firms have signed up to the government’s ground-breaking Women in Finance Charter.

22 Mar 2017

VitalityLife announces enhancements to its Serious Illness Cover

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VitalityLife announces enhancements to its Serious Illness Cover

VitalityLife today announced three new and innovative enhancements to its Serious Illness Cover product that the firm believes will lead to more claims and, therefore, more pay outs for customers.

22 Mar 2017

Accord introduces 1.25% 2-year fix

Accord introduces 1.25% 2-year fix

Accord Mortgages has today launched a competitive fixed rate mortgage for borrowers with a 35% deposit.

22 Mar 2017

Third of homeowners are still on an SVR, L&C reveals

Third of homeowners are still on an SVR, L&C reveals

L&C Mortgages today reveals that over a third (36%) of homeowners are still on a Standard Variable Rate mortgage.

22 Mar 2017

The Exeter pays 94% of IP claims in 2016

The Exeter pays 94% of IP claims in 2016

Income protection insurer, The Exeter, has released its income protection claims statistics for 2016. The headline statistics shows that 94% of all claims received were paid during the year.

22 Mar 2017

FSE Glasgow: Broker proc fees 'still too low'

FSE Glasgow: Broker proc fees 'still too low'

Taking part in a panel debate at today’s Financial Services Expo Glasgow, John Coffield of Paradigm Mortgage Services said he believed procuration fees paid by lenders to advisers were still too low.

21 Mar 2017

How prevalent is bad advice? (Part I)

How prevalent is bad advice? (Part I)

Bad advice takes many different forms and has evolved over the years. But what does it look like now, and what can and should be done about it?

21 Mar 2017

FSE Glasgow: Are seconds a 'mile away from where they need to be'?

FSE Glasgow: Are seconds a 'mile away from where they need to be'?

The second-charge market has plenty of scope to develop but needs to keep pushing the education message if it wants to grow, according to Alistair Ewing of The Lending Channel.

21 Mar 2017

FSE Glasgow: There are too many lenders in the market, argues Sinclair

FSE Glasgow: There are too many lenders in the market, argues Sinclair

Mortgage intermediaries who want to see growth throughout 2017 and 2018 should look towards the remortgage market and should prioritise their existing clients in order to generate business, according to Chief Executive of the Association of Mortgage Intermediaries, Robert Sinclair.

21 Mar 2017

Residential transactions drop 0.7%: HMRC

Residential transactions drop 0.7%: HMRC

The number of residential property transactions decreased by 0.7% between January 2017 and February 2017, according to the latest data from HMRC.

21 Mar 2017

FCA appoints Nick Stace as Non-Executive Director

FCA appoints Nick Stace as Non-Executive Director

The FCA has confirmed the appointment of Nick Stace as a Non-Executive Director to its board.

21 Mar 2017

House prices begin 2017 on an upwards curve: UK HPI

House prices begin 2017 on an upwards curve: UK HPI

Average house prices in the UK have increased by 6.2% in the year to January 2017, up from 5.7% in the year to December 2016, according to the latest UK House Price Index from the ONS and Land Registry.

21 Mar 2017

Inflation rises to 2.3%: ONS

Inflation rises to 2.3%: ONS

UK inflation rose to 2.3% in February - the highest since September 2013, according to statstics from the ONS.

21 Mar 2017

Hinckley & Rugby launches fee-free high LTV range

Hinckley & Rugby launches fee-free high LTV range

Hinckley & Rugby Building Society has launched two new fee-free high LTV mortgages.

21 Mar 2017

Mortgage sales soar 24% in February

Mortgage sales soar 24% in February

UK mortgage sales jumped to £14.1 billion in February, up 23.6% on the previous month, according to Equifax Touchstone analysis.

21 Mar 2017

Key focuses on later life lending at FSE Glasgow

Key focuses on later life lending at FSE Glasgow

Key Retirement Group is focusing on later life lending opportunities for mortgage brokers as it extends its support for advisers at Financial Services Expo.

21 Mar 2017

Principality to offer retention proc fees

Principality to offer retention proc fees

Principality Building Society has announced plans to introduce retention procuration fees later this year once system functionality is complete.

20 Mar 2017

Is Hammond is letting pension scammers off the hook with QROPS tax?

Is Hammond is letting pension scammers off the hook with QROPS tax?

A pensions campaign group has warned that Philip Hammond is "letting pension scammers off the hook" by targeting legitimate firms with bona fide, compliant products.

20 Mar 2017

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