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"Box-ticking" regulators risking another crisis, warns report

"Box-ticking" regulators risking another crisis, warns report

Britain is "sleepwalking into another financial crisis" unless the culture of financial regulators is changed, according to a new report.

25 Oct 2016

Castle Trust expands BDM team

Castle Trust expands BDM team

Castle Trust has continued its expansion by recruiting a further BDM, Mark Stephenson, for East Anglia.

25 Oct 2016

FCA bans two directors over £50m investment fraud

FCA bans two directors over £50m investment fraud

The FCA has today banned the directors of fraudulent property investment scheme Arck LLP from performing any regulated activity in the financial services industry.

25 Oct 2016

Will MiFID II lead to an IFA business model overhaul?

Will MiFID II lead to an IFA business model overhaul?

Advice firms are likely to review and change their compliance functions and fee structures and de-risk their businesses in light of MiFID II, according to Investec Wealth & Investment.

25 Oct 2016

Principality launches broker case tracking service

Principality launches broker case tracking service

Principality Building Society has launched an online case tracking tool, Brokerpoint, which will allow brokers to track customer applications in real-time.

25 Oct 2016

TSB removes mortgage application fees from entire range

TSB removes mortgage application fees from entire range

TSB has removed its mortgage application fee from all residential and buy-to-let mortgage products.

25 Oct 2016

Yorkshire BS launches Help to Buy ISA at 2%

Yorkshire BS launches Help to Buy ISA at 2%

Yorkshire Building Society has today announced the launch of its Help to Buy ISA.

25 Oct 2016

85% of remortgagors lower rates in September

85% of remortgagors lower rates in September

In September, 85% of remortgagors were able to lower their mortgage rate as they continue to fall following the Brexit vote and the base rate drop, according to LMS.

25 Oct 2016

Accord offers £250 cashback on remortgages

Accord offers £250 cashback on remortgages

Accord Mortgages has launched cashback incentives on selected remortgage options for customers with 35% and 10% deposits.

24 Oct 2016

NatWest cuts fixed rates by up to 0.79%

NatWest cuts fixed rates by up to 0.79%

From tomorrow, NatWest Intermediary Solutions will be reducing rates on a large number of its two, three and five year fixed rate purchase mortgages and remortgages in its core intermediary range.

24 Oct 2016

 

Scottish Friendly appoints new CEO

Scottish Friendly appoints new CEO

Fiona McBain has decided to step down as Chief Executive of Scottish Friendly after 11 years and will be succeeded by current Deputy Chief Executive Jim Galbraith on 1 January 2017.

24 Oct 2016

Family BS launches equity release alternative for over-60s

Family BS launches equity release alternative for over-60s

The Family Building Society has launched a new mortgage for older homeowners which it says is "a real alternative to the default equity release solution".

24 Oct 2016

Treasury appoints new Director General of Financial Services

Treasury appoints new Director General of Financial Services

Katharine Braddick has been appointed to the role of Director General, Financial Services at HM Treasury.

24 Oct 2016

Leeds launches new buy-to-let rates from 2%

Leeds launches new buy-to-let rates from 2%

Leeds Building Society has launched a new range of fixed rate mortgages for the buy-to-let market.

24 Oct 2016

8% fewer intermediaries selling life and CI cover

8% fewer intermediaries selling life and CI cover

IFAs believe there is a growing threat of people not having life insurance and critical illness cover because fewer intermediaries are selling it.

24 Oct 2016

Lifetime mortgage myths are still holding us back

Lifetime mortgage myths are still holding us back

The recent renaissance of equity release is no surprise. Advisers, advice firms, lenders and industry commentators within the lifetime mortgage market have been quietly confident that the growth we have seen recently was sure to happen.

24 Oct 2016

Nationwide launches sign language service

Nationwide launches sign language service

Nationwide has partnered with SignVideo to enable British Sign Language users to take full advantage of the services that Nationwide has to offer.

24 Oct 2016

Key Retirement appoints deputy CEO

Key Retirement appoints deputy CEO

Key Retirement Group has promoted Simon Thompson to the newly-created position of deputy CEO as part of a growth drive as the equity release market continues to expand.

24 Oct 2016

Banks planning to leave UK post-Brexit, warns BBA

Banks planning to leave UK post-Brexit, warns BBA

Anthony Browne, chief executive of the British Bankers’ Association, has warned that banks are already planning to relocate from Britain as a result of the Brexit vote.

24 Oct 2016

In the Spotlight with Russell Gould, BlueZest

In the Spotlight with Russell Gould, BlueZest

We spoke to Russell Gould, CEO of BlueZest, about the firm's launch plans and product range, as well as the future of technology in the mortgage market.

21 Oct 2016

Simplybiz: FSCS funding is "grotesquely unjust"

Simplybiz: FSCS funding is "grotesquely unjust"

Ken Davy, Chairman of the Simplybiz Group, has written to the FCA over the "grotesquely unjust" manner through which the Financial Services Compensation Scheme is currently funded.

21 Oct 2016

The swings and roundabouts of the remortgage sector

The swings and roundabouts of the remortgage sector

If you were looking for a prime example of the swings and roundabouts that is the UK mortgage market, then you would perhaps have no better example than the remortgage sector. For any number of years this part of the market has not exactly been in the doldrums but certainly bouncing along the bottom with the occasional jump upwards, but for no concerted period of time.

21 Oct 2016

Together launches new five-year fix for buy-to-let

Together launches new five-year fix for buy-to-let

Together has introduced a new five-year fixed buy-to-let mortgage in response to growing demand.

21 Oct 2016

Tribunal upholds investment manager's FCA ban

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Tribunal upholds investment manager's FCA ban

The Tribunal has upheld an FCA decision to impose a partial ban on Tariq Carrimjee of Somerset Asset Management for compliance failings.

21 Oct 2016

Accord launches contractor mortgage proposition

Accord launches contractor mortgage proposition

Accord is piloting a new lending policy with specialist broker firms to make it easier for contractors and freelancers to apply for a mortgage.

21 Oct 2016

Annual property sales down 11.3%: HMRC

Annual property sales down 11.3%: HMRC

The number of residential property transactions decreased by 4.3% between August and September and by 11.3% compared with September 2015, according to the latest HMRC statistics.

21 Oct 2016

Mint Bridging appoints Head of Marketing in growth drive

Mint Bridging appoints Head of Marketing in growth drive

Mint Bridging has announced the appointment of Amparo Burgos as Head of Marketing.

21 Oct 2016

London house price growth hits 20-month low

London house price growth hits 20-month low

City level house price growth is holding steady at 8.5% per annum, up from 5.7% twelve months ago, but growth in London has slowed rapidly to its lowest level of quarterly growth for 20 months, according to the latest Hometrack data.

21 Oct 2016

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