Latest News

Shawbrook & The Loan Engine buck the funding trend

Shawbrook & The Loan Engine buck the funding trend

It is well documented that people are struggling to access funding in this challenging financial climate.

15 Oct 2012

BIBA chief steps down after nearly a decade

Protection

BIBA chief steps down after nearly a decade

Eric Galbraith, Chief Executive of the British Insurance Brokers’ Association, will step down next year after nearly 10 years leading the association.

15 Oct 2012

Positive Commercial Finance launch broker hub

Positive Commercial Finance launch broker hub

Positive Commercial Finance announce the launch of their new website to allow brokers one centralised acess point to information on their broad range of lenders.

15 Oct 2012

Legal & General launch exclusive 90% product

Mortgages

Legal & General launch exclusive 90% product

Legal & General Mortgage Club have announced the launch of an exclusive 90% mortgage product with The Hanley Economic Building Society.

15 Oct 2012

Housing transactions fall 24% in September

Legal

Housing transactions fall 24% in September

LSL/Acadametrics House Price Index, released today, reveals that house prices outside London are showing a lower than average price increase, and that housing transactions fell by 24%.

12 Oct 2012

Low remortgage figures in August masked lending rise

Mortgages

Low remortgage figures in August masked lending rise

Gross mortgage lending was weighed down by weak remortgage lending in August, despite a strong increase in house purchase lending, according to new data from the Council of Mortgage Lenders.

12 Oct 2012

Policyholders left in balance as Lemma goes bust

Protection

Policyholders left in balance as Lemma goes bust

General insurance company Lemma has gone into liquidation, leaving numerous UK policyholders at possible risk.

12 Oct 2012

Montello receives up to £10m of new funding

Montello receives up to £10m of new funding

London based bridging financier Montello has received an additional funding line from a private banking institution.

12 Oct 2012

CIPs to play important role post-RDR

Savings & Investments

CIPs to play important role post-RDR

74% attending wrap platform Ascentric's centralised investment propositions seminars said less than half of client assets were invested with a Discretionary Fund Manager or Multi Manager.

12 Oct 2012

Richard Klemmer, partner at Oakwood Global Finance

In The Spotlight

Richard Klemmer, partner at Oakwood Global Finance

myintroducer caught up with Richard Klemmer, a partner at Oakwood Finance.

12 Oct 2012

 

Omni Capital raise maximum loan to £25m

Omni Capital raise maximum loan to £25m

Specialist high-value, short-term lender Omni Capital has strengthened their position in the mark by increasing their maximum loan size to £25 million for borrowers investing in UK property.

11 Oct 2012

Competitive products cause mortgage activity boost

Mortgages

Competitive products cause mortgage activity boost

Mortgage activity bounced back in September as average rates continued to slide, according to the latest National Mortgage Index from the UK’s leading independent mortgage broker, Mortgage Advice Bureau.

11 Oct 2012

borro secures £16m in funding to fuel US and UK growth

borro secures £16m in funding to fuel US and UK growth

borro, the leading online personal asset lender, today announced it has raised £16 million in funding, led by Canaan Partners.

11 Oct 2012

Direct Line Insurance Group valued at £2.6bn

Savings & Investments

Direct Line Insurance Group valued at £2.6bn

London Stock Exchange today welcomed Direct Line Insurance Group plc to open its UK markets, marking the start of conditional dealings in its shares ahead of its admission on 16 October.

11 Oct 2012

Direct-only not always best for borrowers, say Precise

Mortgages

Direct-only not always best for borrowers, say Precise

HSBC and Halifax have recently launched direct-only mortgage deals - in comparison, Precise have launched prime products with competitive rates up to 80% LTV available through intermediaries only.

11 Oct 2012

Five-year fix relaunched at Hinckley & Rugby

Mortgages

Five-year fix relaunched at Hinckley & Rugby

Hinckley & Rugby has brought back its popular five year fixed rate mortgage at a new lower interest rate of 3.99%.

11 Oct 2012

Shawbrook Bank enhances short term lending

Shawbrook Bank enhances short term lending

Shawbrook Bank is exhibiting at the Property Investor Show this week, the UK's largest property investment event.

11 Oct 2012

Bridgewater urges equity release advisers to explore the options

Retirement

Bridgewater urges equity release advisers to explore the options

Home reversion specialists Bridgewater Equity Release has today called for advisers of equity release to explore all the options for clients nearing retirement age.

10 Oct 2012

HSBC lowers fixed rates

Mortgages

HSBC lowers fixed rates

HSBC today announced a selection of reductions to its fixed rate mortgages to 'reaffirm its commitment' to borrowers.

10 Oct 2012

Female-focused Sheila's Wheels lay out gender directive plans

Protection

Female-focused Sheila's Wheels lay out gender directive plans

Sheilas' Wheels today becomes one of the first insurers in the UK to clarify its plans and procedures for the 21st December 2012 revolution following a change to the EU Gender Dire

10 Oct 2012

Renewed growth in commercial activity, say Savills

Renewed growth in commercial activity, say Savills

Savills' Total Commercial Development Activity Index was released today showing an increase in commercial property activity in September.

10 Oct 2012

BTL yields rise in Q3 as property prices fall

BTL yields rise in Q3 as property prices fall

Gross yields on complex buy to let property in Q3 rose on all property types apart from semi-commercial, according to the latest Mortgages for Business Complex Buy to Let Index.

10 Oct 2012

Spicerhaart rolls out Just Mortgages brand

Mortgages

Spicerhaart rolls out Just Mortgages brand

Spicerhaart is giving its High Street independent mortgage brokerage service a new name and a new identity, with their Just Mortgages brand set to roll out at the end of this month

10 Oct 2012

Openwork launches mortgage adviser support programme

Mortgages

Openwork launches mortgage adviser support programme

Openwork is embarking on a series of initiatives to support mortgage advisers as they seek to adapt to tighter credit conditions, regulatory intervention and greater lender scrutin

10 Oct 2012

ING Direct cut rates on 7 products

Mortgages

ING Direct cut rates on 7 products

ING Direct have announced today that they are cutting their mortgage rates by up to 0.75.

10 Oct 2012

Precise launch prime range from 2.89%

Mortgages

Precise launch prime range from 2.89%

Intermediary-only lender Precise has today annouced their foray into the prime market with the launch of a range of prime products - fixed for two years, starting at 2.89% and with

09 Oct 2012

Omni Capital and Arc & Co celebrate bridging successes

Omni Capital and Arc & Co celebrate bridging successes

Omni Capital and Arc & Co are celebrating following the successful completion of back-to-back second-charge bridging loans with a combined value of more than £4million.

09 Oct 2012

Annuity rates in freefall since June

Retirement

Annuity rates in freefall since June

MGM Advantage have released their Annuity Index revealing a 7% and 5% drop in conventional and enhanced annuities respectively - in just three months.

09 Oct 2012

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