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Barclays launches tailored mortgage for entrepreneurs

Barclays launches tailored mortgage for entrepreneurs

Barclays Wealth & Investments has launched a new mortgage proposition tailored for UK entrepreneurs and founders of high growth businesses.

20 Feb 2017

Women in Finance Supper Club sees industry women discuss ambition and working culture

Women in Finance Supper Club sees industry women discuss ambition and working culture

Last night saw Barcadia Media’s first Women in Finance Supper Club event, held in Fulham, and brought together over twenty women from a cross-section of the industry to discuss the challenges and opportunities available to women in financial services.

17 Feb 2017

The price of ignorance

The price of ignorance

As an association of brokers, we have a responsibility to tell our members what is expected of them, and to check they’re reaching and exceeding the minimums standards. What’s a lot more difficult than that, is when we want to give the same hard stance with nationally recognised lenders.

17 Feb 2017

Harlequin Group chairman charged with fraud by SFO

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Harlequin Group chairman charged with fraud by SFO

The SFO has today charged David Ames, chairman of the Harlequin Group of companies, with three counts of Fraud by Abuse of Position, contrary to section 1 of the Fraud Act 2006.

17 Feb 2017

2017 - a year for the flexible and prepared

2017 - a year for the flexible and prepared

It’s about this time of the year that we begin to get some real evidence on just how 2016 played out in terms of housing transaction numbers, gross lending levels and house price rises (or falls).

17 Feb 2017

Accord launches ERC-free tracker

Accord launches ERC-free tracker

Accord Mortgages is launching a new tracker mortgage with no early repayment charges.

17 Feb 2017

Firm enters £12.5m redress scheme over GI sales

Firm enters £12.5m redress scheme over GI sales

A direct mail order and online business with permission to sell general insurance products has agreed to provide £12.5m redress to approximately 330,000 customers who were sold insurance that the FCA says offered "little or no value".

17 Feb 2017

L&G Mortgage Club launches exclusive deals with Leeds BS

L&G Mortgage Club launches exclusive deals with Leeds BS

Legal & General Mortgage Club has announced a range of exclusive shared ownership and interest only deals with Leeds Building Society.

17 Feb 2017

House price sentiment hits post-referendum high

House price sentiment hits post-referendum high

The majority of households across the UK perceive that the value of their home rose over the last month, according to the latest House Price Sentiment Index from Knight Frank and IHS Markit.

17 Feb 2017

Pepper partners with Tenet Group

Pepper partners with Tenet Group

Pepper Homeloans has made its specialist mortgages available via Tenet members.

17 Feb 2017

 

Proportion retiring with debts at record high: Prudential

Proportion retiring with debts at record high: Prudential

Retiring with debts outstanding is a problem that is on the rise, with the proportion of people retiring in debt at its highest level for seven years – jumping to one in four (25%), up from one in five in 2016.

17 Feb 2017

Professionals choosing second charge for debt consolidation

Professionals choosing second charge for debt consolidation

Second charge mortgage lender Equifinance says the profile for customers taking out a second charge mortgage has changed significantly against the backdrop of CCJs in 2016 being at record levels.

16 Feb 2017

Atom Bank expands mortgage range

Atom Bank expands mortgage range

Atom Bank has extended its digital mortgage range with the launch of a two-year 75% LTV rate as well as reductions across its existing range of products.

16 Feb 2017

First Direct launches 2.49% ten-year fix

First Direct launches 2.49% ten-year fix

First Direct has cut its ten-year fixed rates by up to 0.50%.

16 Feb 2017

Could a remortgage surge hit the new build market?

Could a remortgage surge hit the new build market?

A significant rise in people remortgaging to improve their existing homes could hit the new build property market in 2017, The Mortgag Hut's Chris Schutrups has warned.

16 Feb 2017

Clydesdale waives valuation fee on FTB range

Clydesdale waives valuation fee on FTB range

Clydesdale Bank is waiving the valuation fee on its first time buyer products for a limited time.

16 Feb 2017

Brokers divided on rate rise predictions

Brokers divided on rate rise predictions

Broker opinions are "well and truly split" on when the Bank of England Base Rate may eventually be increased, according to United Trust Bank.

16 Feb 2017

Aviva retirement MD steps down amid restructure

Aviva retirement MD steps down amid restructure

Aviva's savings and retirement Director, Clive Bolton, has decided to leave the business after 25 years as Aviva announces a raft of senior management changes.

16 Feb 2017

Kensington cuts specialist distributor rates by up to 0.55%

Kensington cuts specialist distributor rates by up to 0.55%

3mc has today confirmed that Kensington is cutting rates on its specialist distributor range, which is available via selected packagers, by up to 0.55%.

16 Feb 2017

Paragon launches new broker portal

Paragon launches new broker portal

BEP Systems has assisted in the implementation of a new broker portal platform on behalf of Paragon Group.

16 Feb 2017

Remortgage is not the only option

Remortgage is not the only option

Coming into the year, you could sense the hope that the resurgence in remortgage activity seen in the second half of 2016, would continue into 2017. We don’t have any remortgage statistics for January yet, however I’m suspecting that it has continued in a strong vein – certainly when you look at the product price cutting that took place throughout the first 31 days of the year, it’s clearly apparent that lenders are wanting to take market share and that pricing has been the choice of many to do this.

15 Feb 2017

Lenders urge networks to offer specialist support

Lenders urge networks to offer specialist support

The majority of the UK’s specialist lenders would like to see mortgage networks work more closely with specialist distribution firms in 2017, according to Vantage Finance research.

15 Feb 2017

Beverley BS to pay flat 0.35% proc fee

Beverley BS to pay flat 0.35% proc fee

Beverley Building Society has launched a flat fee of 0.35% for all mortgages, with no differentiation in fee between retention and new business.

15 Feb 2017

TMA urges brokers to fight "unfair" FSCS levy

TMA urges brokers to fight "unfair" FSCS levy

TMA Mortgage Club is urging brokers to respond to an FCA consultation paper on the way the current Financial Services Compensation Scheme is funded.

15 Feb 2017

Bank of Ireland UK launches 95% LTV range

Bank of Ireland UK launches 95% LTV range

Bank of Ireland UK has launched a new range of 95% LTV mortgages, designed to provide support to those who can no longer benefit from the Government’s Help to Buy scheme.

15 Feb 2017

Stonebridge Group adds AIG and Royal London to panel

Stonebridge Group adds AIG and Royal London to panel

From today, Stonebridge AR firms and members of its DA proposition, Stonebridge Genus, will have access to two new providers, AIG and Royal London.

15 Feb 2017

Skipton BS to sell £250m mortgage book

Skipton BS to sell £250m mortgage book

Skipton Building Society is reportedly seeking the sale of a £250m portfolio of mortgage loans issued under the Amber Homeloans brand.

15 Feb 2017

Adviser handed 15-year bankruptcy restriction order

Adviser handed 15-year bankruptcy restriction order

A financial adviser has been handed the maximum bankruptcy restriction order of 15 years for managing a limited company despite being declared bankrupt and subject to a lengthy director’s ban.

15 Feb 2017

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