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Lenders back away from social media, finds IRESS

Lenders back away from social media, finds IRESS

In contrast to other areas of financial services, lenders’ use of social media has fallen in the last two years, according to the latest edition of the Mortgage Efficiency Survey conducted by IRESS.

12 Oct 2016

Bank of Ireland to pay 0.25% retention proc fee

Bank of Ireland to pay 0.25% retention proc fee

Bank of Ireland for Intermediaries has announced that it will offer a gross retention procuration fee of 0.25% to brokers when transferring Bank of Ireland existing customers.

12 Oct 2016

Connect adds Atom Bank to panel

Connect adds Atom Bank to panel

Connect for Intermediaries, the specialist buy-to-let and commercial mortgage network has added Atom Bank to its comprehensive panel of mortgage lenders.

12 Oct 2016

Key regions for RTB marked by Together

Key regions for RTB marked by Together

Specialist lender Together has announced today that it will be increasing its efforts to serve council and housing association tenants who have the opportunity to buy their properties through the right-to-buy scheme by allocating in excess of £100m of funds for lending to these customers.

11 Oct 2016

Santander launches remortgage fixes from 1.64%

Santander launches remortgage fixes from 1.64%

Santander has announced a new range of fixed two and five year remortgage products, which come with no product fee.

11 Oct 2016

Teachers BS increases max lending age

Teachers BS increases max lending age

Teachers Building Society has increased its maximum lending age at end of term to 83 on all its standard mortgages.

11 Oct 2016

Kuflink Bridging announces growth of sales team

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Kuflink Bridging announces growth of sales team

Specialist bridging lender, Kuflink Bridging, has announced this morning that it has grown its business development team with the appointment of Chloe Carlin to develop business through the intermediary sector around London and the Home Counties.

11 Oct 2016

Is there a perfect storm for retirement planning on the horizon?

Is there a perfect storm for retirement planning on the horizon?

A new report compiled by the Centre for Economic and Social Research on behalf of Saga reveals that defined benefit pensions – based on final salaries and years worked - are fast disappearing in the private sector.

11 Oct 2016

FTB valuations rise in race to beat Help to Buy deadline

FTB valuations rise in race to beat Help to Buy deadline

First-time buyers are racing onto the property ladder as the end of the Help to Buy mortgage guarantee scheme approaches, shows a report from Connells Survey and Valuation.

11 Oct 2016

deVere Mortgages & Al Rayan Bank partner on Sharia-compliant mortgages

deVere Mortgages & Al Rayan Bank partner on Sharia-compliant mortgages

deVere Mortgages and Al Rayan Bank have today announced that they have entered into a strategic partnership to offer Sharia-compliant mortgage alternatives to the growing number of expats looking to purchase property in the UK.

11 Oct 2016

 

Barclays announce reductions across the range

Barclays announce reductions across the range

Barclays has announced today that it will be delivering a series of reductions across the range, including Residential, Large Loan and Buy to Let products.

10 Oct 2016

Over 55s housing wealth hits £1.5tn

Over 55s housing wealth hits £1.5tn

New research, commissioned by retirement income specialist Age Partnershin, has revealed that over-55s in England have more wealth locked-away in their homes than the entire annual GDP of Italy.

10 Oct 2016

Skipton announces return of 2 year discount products

Skipton announces return of 2 year discount products

Skipton Building Society has announced today that it has reintroduced a residential 2 Year Discount mortgage range with rates from 1.29%.

10 Oct 2016

Financial Reporter launches new Buy-to-Let Roadshow dates

Financial Reporter launches new Buy-to-Let Roadshow dates

Due to the increasing popularity of its Roadshow series, Financial Reporter is delighted to announce a second round of Buy-to-Let Roadshows with seven new specialists.

10 Oct 2016

West Brom cuts fixed rates & removes fees

West Brom cuts fixed rates & removes fees

Building society the West Brom has sharpened up its rates for borrowers looking for a long term fix over ten years.

10 Oct 2016

Over 50s opting for pension safety after Brexit

Over 50s opting for pension safety after Brexit

In the wake of the vote to leave the EU, the gap between a preference for certainty and a desire for flexibility in retirement income has widened among the UK’s over 50s.

10 Oct 2016

Single guidance body to replace MAS & Pensions Advisory Service

Single guidance body to replace MAS & Pensions Advisory Service

The Economic Secretary and the Minister for Pensions have today agreed to take forward plans to develop a single public financial guidance body which is responsible for delivering debt advice, money and pensions guidance to the public.

10 Oct 2016

RBS damaged businesses to boost its own revenues, leaked files show

RBS damaged businesses to boost its own revenues, leaked files show

The Royal Bank of Scotland deliberately damaged businesses in order to boost its own revenues, according to reports this morning based on documents leaked to the BBC and Buzzfeed.

10 Oct 2016

LMS and Monmouthshire BS extend relationship

LMS and Monmouthshire BS extend relationship

Conveyancing panel management specialist LMS has extended its partnership with Monmouthshire Building Society, following a successful two-year collaboration.

10 Oct 2016

Dragonfly rebrands to Octopus Property

Dragonfly rebrands to Octopus Property

Short and medium term lender, Dragonfly Property Finance, part of the Octopus Group, today announced it has officially rebranded to Octopus Property.

10 Oct 2016

Lloyds retail sale plan scrapped by Government

Lloyds retail sale plan scrapped by Government

The Government has announced it has abandoned plans to launch a major retail sale of Lloyds Bank.

07 Oct 2016

In the Spotlight with Andrew Jones, Computershare

In the Spotlight with Andrew Jones, Computershare

We spoke to Andrew Jones, CEO of Computershare Loan Services, about securing new entrants to the mortgage market and their role in the creation of a Northern Powerhouse.

07 Oct 2016

Newcastle refreshes short-term fixed mortgage range

Newcastle refreshes short-term fixed mortgage range

Newcastle Intermediaries has refreshed its range of two and five year fixed rate mortgage products available for remortgages where the LTV is 80% or lower.

07 Oct 2016

Teachers BS appoints interim Chief Exec

Teachers BS appoints interim Chief Exec

Dean Fensome has been appointed as Interim Chief Executive of Teachers Building Society. He will also continue with his responsibilities as Finance Director.

07 Oct 2016

The Mortgage Lender adds three more distribution partners

The Mortgage Lender adds three more distribution partners

The Mortgage Lender has added The Mortgage Partnership, Brilliant Solutions and the Julian Harris network as distribution partners.

07 Oct 2016

House price growth plateaus: Halifax

House price growth plateaus: Halifax

House price growth has cooled, according to the latest Halifax House Price Index.

07 Oct 2016

Brits facing retirement income gap of £16,000

Retirement

Brits facing retirement income gap of £16,000

The average Briton is at risk of receiving just a quarter of the annual income they want in retirement due to a failure to save enough throughout their working lives, according to research by Wesleyan.

07 Oct 2016

Give borrowers a 'pay rise' by remortgaging, says L&G

Give borrowers a 'pay rise' by remortgaging, says L&G

Borrowers on a Standard Variable Rate mortgage could save thousands of pounds by remortgaging to a new deal, according to a new campaign by Legal & General Mortgage Club.

07 Oct 2016

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