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Masthaven cuts bridging rates to 0.49%

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Masthaven cuts bridging rates to 0.49%

Masthaven has cut the rates it offers on its first charge bridging products to its selected panel of premier partners.

18 Jan 2017

FCA bans IFA firm from regulated activity over SIPP transfers

FCA bans IFA firm from regulated activity over SIPP transfers

The FCA has ordered Bank House Investment Management Limited to "cease to carry on any regulated activity" over concerns surrounding its pension transfer advice.

18 Jan 2017

TSB to launch product transfer proposition in 2017

TSB to launch product transfer proposition in 2017

TSB Intermediary has announced plans to launch a product transfer proposition towards the end of the year to coincide with its first significant maturities.

18 Jan 2017

Equiniti acquires brokerage firm Gateway2Finance

Equiniti acquires brokerage firm Gateway2Finance

Specialist technology outsourcer Equiniti Group has completed the acquisitions of Gateway2finance and Marketing Source.

18 Jan 2017

Advisers urge FCA to adopt ‘polluter pays’ approach to FSCS funding

Advisers urge FCA to adopt ‘polluter pays’ approach to FSCS funding

The majority of financial advisers believe the ongoing FSCS funding review by the FCA will not go far enough, according to research by Panacea Adviser.

18 Jan 2017

Family BS launches later life range through Equity Release Club

Family BS launches later life range through Equity Release Club

The Family Building Society's full range of later life mortgage lending products is now available through the Equity Release Club and on AIR Sourcing, the sourcing system for equity release and retirement lending products.

18 Jan 2017

Fleet Mortgages returns to 80% LTV market

Fleet Mortgages returns to 80% LTV market

Fleet Mortgages has launched five new products across both its individual and limited company ranges, marking the return of 80% LTV options for both.

18 Jan 2017

Newcastle Intermediaries expands range with record low rates

Newcastle Intermediaries expands range with record low rates

Newcastle Intermediaries has added ten new mortgage deals to its existing offering, including a new ten-year fixed rate and first-time buyer rate which it says are currently the lowest on the market.

18 Jan 2017

Brightstar campaigns for 'smarter FCA rules' on specialist advice

Brightstar campaigns for 'smarter FCA rules' on specialist advice

Brightstar Financial is launching a campaign to help ‘credit crushed’ borrowers who wrongly believe they can’t get the finance they need "because of a broken financial system".

18 Jan 2017

First Direct cuts two and five-year fixed rates

First Direct cuts two and five-year fixed rates

First Direct has cut rates across selected two and five year fixed rate mortgages by up to 0.30%.

18 Jan 2017

 

FCA takes first court action against consumer credit lender

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FCA takes first court action against consumer credit lender

The FCA has taken its first criminal action against an individual acting as unlicensed consumer credit lender.

17 Jan 2017

HSBC expands distribution to four new broker firms

HSBC expands distribution to four new broker firms

As of yesterday, four new firms will have access to HSBC’s full range of residential mortgage.

17 Jan 2017

Carney: interest rates could go either way

Carney: interest rates could go either way

Consumer borrowing and "Brexit-related uncertainties" will determine whether or not the Bank of England's MPC decide to raise interest rates, according to Governor Mark Carney.

17 Jan 2017

Tesco Bank adds First Complete and Pink to broker panel

Tesco Bank adds First Complete and Pink to broker panel

Tesco Bank has extended its mortgage broker panel with the addition of networks First Complete and Pink.

17 Jan 2017

Remortgage lending dips in November as BTL market soars: CML

Remortgage lending dips in November as BTL market soars: CML

Remortgage activity saw a surprise 5% monthly drop in November, but remains 14% higher than a year ago, according to the latest CML data.

17 Jan 2017

East of England drives November house price growth: UK HPI

East of England drives November house price growth: UK HPI

House prices rose by 6.7% in the year to November 2016, up from 6.4% in the year to October 2016, according to the latest UK House Price Index from the ONS and Land Registry.

17 Jan 2017

Inflation rises to 30-month high of 1.6%

Inflation rises to 30-month high of 1.6%

The Consumer Prices Index rose by 1.6% in the year to December 2016, compared with a 1.2% rise in the year to November, according to the latest ONS statistics.

17 Jan 2017

First-time buyer market surges 26% in 2016

First-time buyer market surges 26% in 2016

Housing market activity in December rose by 8% on an annual basis and has surged by 40% compared to December 2014, according to Connells Survey & Valuation data.

17 Jan 2017

Connect adds Family Building Society to panel

Connect adds Family Building Society to panel

Connect for Intermediaries has added the Family Building Society to its packaging lender panel.

17 Jan 2017

Bellpenny launches independent advice service

Bellpenny launches independent advice service

Wealth management firm Bellpenny has announced the acquisition of EFG Independent Financial Advisers to form its new independent advice arm, BIA Financial Planning.

17 Jan 2017

Twenty7Tec launches further advance and ported product enhancements

Twenty7Tec launches further advance and ported product enhancements

Twenty7Tec has announced a further enhancement to its MortgageSource system, enabling brokers to compare further advances and ported products to purchase, remortgage or second charge lending options.

17 Jan 2017

Majority of mainstream rates begin to rise: Mortgage Brain

Majority of mainstream rates begin to rise: Mortgage Brain

Following months of record low mortgage rates and costs, the past three months have seen increases in the cost of the majority of mainstream products, according to Mortgage Brain analysis.

16 Jan 2017

Precise launches lowest-ever bridging rate at 0.54%

Precise launches lowest-ever bridging rate at 0.54%

Precise Mortgages has launched its lowest-ever bridging rate of 0.54% per month.

16 Jan 2017

FSCS raises £114m supplementary levy for GI, pensions and mortgage firms

FSCS raises £114m supplementary levy for GI, pensions and mortgage firms

The Financial Services Compensation Scheme will levy financial services firms a total of £378m in 2017/18, with three supplementary levies on life and pensions advisers, general insurers and mortgage advisers to meet "unforeseen compensation costs".

16 Jan 2017

YBS launches record low 1.54% two-year rate at 90% LTV

YBS launches record low 1.54% two-year rate at 90% LTV

Yorkshire Building Society has launched a two-year discounted standard variable rate mortgage at 1.54% for borrowers with a 10% deposit, which it says is currently the lowest on the market.

16 Jan 2017

Landbay set to launch IFISA in Q1

Landbay set to launch IFISA in Q1

Peer-to-peer investment platform Landbay has been granted ISA Manager status by HMRC, clearing the way for the launch of its Innovative Finance ISA before the end of the 2016-17 tax year.

16 Jan 2017

Skipton cuts new build rates by up to 0.84%

Skipton cuts new build rates by up to 0.84%

Skipton Building Society is cutting rates by up to 0.84% on its new build products.

16 Jan 2017

Paragon launches first residential mortgage range

Paragon launches first residential mortgage range

Paragon Mortgages has launched its first range of residential mortgage products aimed at customers with complex incomes including self-employed and those borrowing into retirement.

16 Jan 2017

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