Latest News

National Friendly launches assisted living insurance

National Friendly launches assisted living insurance

National Friendly has launched an assisted living insurance product which it says is the first specifically aimed at supporting older people to extend independent living in their own home in later life.

21 Jun 2017

Queen's Speech extends FCA powers and confirms new financial body

Queen's Speech extends FCA powers and confirms new financial body

The Financial Guidance & Claims Bill, outlined in the Queen's Speech today, will transfer regulatory responsibility of claims management companies to the FCA and complaints-handling responsibility to the Financial Ombudsman Service.

21 Jun 2017

BoE's Haldane to vote for rate rise in H2

BoE's Haldane to vote for rate rise in H2

Bank of England chief economist, Andy Haldane, believes that a tightening of monetary policy will be needed "relatively soon", stating that the process "would be prudent moving into the second half of the year".

21 Jun 2017

Tesco Bank partners with LMS

Tesco Bank partners with LMS

Tesco Bank has selected LMS as its integrated conveyancing partner.

21 Jun 2017

FCA announces changes to pension transfer advice rules

FCA announces changes to pension transfer advice rules

The FCA has published new proposals on advice relating to pension transfers where consumers have safeguarded benefits, primarily for transfers from DB to DC pension schemes.

21 Jun 2017

99% of advisers unsure of FCA accountability

99% of advisers unsure of FCA accountability

Fewer than 1% of advisers believe they understand what the FCA is accountable for, or how it is accountable, due to its "poor communication with the industry", according to Panacea Adviser research.

21 Jun 2017

May mortgage sales soar by 25% to £3.4bn

May mortgage sales soar by 25% to £3.4bn

UK mortgage sales increased by £3.4bn in May, up 25.4% on the previous month, according to Equifax Touchstone research.

21 Jun 2017

Keystone launches online case tracking

Keystone launches online case tracking

Keystone Property Finance has launched MyKeystone, an online case tracking facility for brokers using its Classic Range of buy-to-let mortgages.

21 Jun 2017

Secure Trust Bank partners with 3mc

Secure Trust Bank partners with 3mc

Secure Trust Bank has added 3mc to its partner network, marking the sixth partnership since it launched into the residential mortgage market earlier this year.

21 Jun 2017

Home sales fall 7% as all regions see decrease in 2016

Home sales fall 7% as all regions see decrease in 2016

Property sales in 2016 were 7% lower than in 2015 as all regions saw a decrease in sales, according to the latest research from Lloyds Bank.

21 Jun 2017

 

Pensioner incomes take 30% tax hit

Pensioner incomes take 30% tax hit

Pensioners handed over an average of £7,400 in tax last year – the equivalent of nearly 30% of their annual income, according to Prudential research.

21 Jun 2017

Retirees on course for £26,000 tax-free lump sum

Retirees on course for £26,000 tax-free lump sum

54% of working age people plan to take up to 25% of their pension as a tax-free lump sum at retirement, according to research from Aegon.

20 Jun 2017

£127bn added to retiree property wealth despite market slowdown

£127bn added to retiree property wealth despite market slowdown

Retired homeowners each earned more than £2,400 a month from their houses in the past year, as total property wealth rises to £1.054 trillion, according to data from Key Retirement.

20 Jun 2017

Smaller mortgage lenders see strongest growth: CML

Smaller mortgage lenders see strongest growth: CML

CML data shows that although the 10 largest mortgage lenders continue to undertake the bulk of lending, smaller players made a "major contribution to lending growth" in 2016.

20 Jun 2017

Santander launches private banking offering

Santander launches private banking offering

Santander has announced the launch of Santander Private, a new service providing banking and wealth management services to private clients, business owners and entrepreneurs.

20 Jun 2017

Shawbrook board accepts private equity takeover offer

Shawbrook board accepts private equity takeover offer

Shawbrook Group Directors have recommended that shareholders accept the final offer from BC Partners and Pollen Street Capital for 75.6% of Shawbrook's shares.

20 Jun 2017

Investec appoints Business Development Manager

Investec appoints Business Development Manager

Investec Private Banking has appointed James Glynne-Percy as a Business Development Manager.

20 Jun 2017

Carney: Now is not the time to raise interest rates

Carney: Now is not the time to raise interest rates

Bank of England governor Mark Carney has said that from his perspective, "now is not yet the time" to begin raising interest rates.

20 Jun 2017

Crowd2Fund launches into secured lending

Crowd2Fund launches into secured lending

Crowd2Fund has launched a property loan product, secured against residential or commercial property, which qualifies for inclusion within the platform’s IFISA.

20 Jun 2017

Over half of first-time buyers feel unable to negotiate

Over half of first-time buyers feel unable to negotiate

52% of first time buyers admit they have never negotiated, with a further 53% saying they would fear missing out in the “extremely competitive” market if they were to negotiate.

20 Jun 2017

Barclays and former CEO charged with fraud by SFO

Barclays and former CEO charged with fraud by SFO

The Serious Fraud Office has charged Barclays and four former employees, including former CEO John Varley, with conspiracy to commit fraud and the provision of unlawful financial assistance.

20 Jun 2017

FSE Wales unveils seminar line-up

FSE Wales unveils seminar line-up

FSE Wales has unveiled its full seminar programme for next week’s event.

19 Jun 2017

Make sure your technology stands up to ‘Friday afternoon fraud’

Make sure your technology stands up to ‘Friday afternoon fraud’

Tackling attempts at fraud may not be particularly high on the agenda of most mortgage advisers, certainly when compared for example with lenders and conveyancing firms, however given their critical role within the mortgage and home-buying process, it should certainly be taken seriously and the right systems and controls put in place to deal with it.

19 Jun 2017

RateSetter and Al Rayan CEOs named in Queen's honours list

RateSetter and Al Rayan CEOs named in Queen's honours list

Al Rayan Bank CEO, Sultan Choudhury, and RateSetter founder and CEO, Rhydian Lewis, have both received an OBE in the Queen's Birthday Honours list.

19 Jun 2017

Silvana Tenreyro to replace Kristin Forbes on MPC

iStock_000009992808Large.jpg

Silvana Tenreyro to replace Kristin Forbes on MPC

Professor Silvana Tenreyro has been appointed as an external member of the Bank of England's Monetary Policy Committee.

19 Jun 2017

Metro Bank scraps product fees for existing customers

Metro Bank scraps product fees for existing customers

Metro Bank has removed product fees for existing residential mortgage customers, who will benefit from fee-free products when completing either a residential rate switch or further advance on loans up to £2 million.

19 Jun 2017

Standard Life set to merge with Scottish Widows

Standard Life set to merge with Scottish Widows

Scottish Widows is reportedly planning to merge with rival provider Standard Life.

19 Jun 2017

3mc launches compare and contrast criteria

3mc launches compare and contrast criteria

3mc has enhanced the functionality of its website to enable brokers to compare and contrast the criteria of all lenders on its panel in three steps.

19 Jun 2017

Latest Money Careers

Popular this week

Specialist Lending Roadshow 2018

24.01.18 - 01.02.18

4 days
7 specialists
4 locations
Free to attend

Click here to register now