Latest News

Record number of properties selling below asking price

Record number of properties selling below asking price

More than four in five (84%) properties sold for less than asking price in November, the highest number since records began in 2013, according to research from the National Association of Estate Agents.

22 Dec 2016

Holistic approach the only way for retirement finance

Holistic approach the only way for retirement finance

It has become apparent to anyone who takes even a passing interest in later life finance that new ways to fund retirement must be pursued as a matter of urgency. Traditional ways the general population have funded their later life – things like private pensions, savings, investments and the state pension – have grown so slowly over the past few decades that millions of retirees are staring at a retirement beset by financial struggle. Luckily for these same retirees, property is serving as a real financial safety net as one of the few investments that, on average, has performed well over time. And yet, the Government and the wider society still doesn't focus on the power housing wealth can have to help people fund their retirement – but give them time.

22 Dec 2016

Treasury Committee launches inquiry into monetary policy

Treasury Committee launches inquiry into monetary policy

The Treasury Committee has launched an inquiry into the effectiveness and impact of post-2008 monetary policy in the UK.

22 Dec 2016

Former Blackrock manager jailed for 12 months for insider dealing

Former Blackrock manager jailed for 12 months for insider dealing

He tried to hide his misconduct through the use of unregistered mobile phones and setting up a company in his wife’s maiden name in an overseas jurisdiction.

21 Dec 2016

TMA reveals 2017 mortgage market wish-list

TMA reveals 2017 mortgage market wish-list

TMA mortgage club has released its Christmas wish-list for the mortgage market in 2017.

21 Dec 2016

DWP to update rules on bulk DC transfers without member consent

DWP to update rules on bulk DC transfers without member consent

The DWP is investigating how how current rules surrounding the bulk transfer of DC pensions without member consent could be improved.

21 Dec 2016

‘Que sera, sera, whatever will be, will be’

‘Que sera, sera, whatever will be, will be’

When I was a child, I can remember hearing Doris Day singing the above song on the radio. 60 years later do the words of the song highlight the engagement issues with defined contribution pension schemes?

21 Dec 2016

Protection providers urged to offer incentives to existing clients

Protection providers urged to offer incentives to existing clients

First Complete and Pink are calling for protection providers to offer existing customers the same deals as new joiners.

21 Dec 2016

2017: the year to bring GI into your offering

2017: the year to bring GI into your offering

I have spent many years (more than I care to remember!) talking to brokers about general insurance. My message has always been the same - now is the time to capitalise on this opportunity.

21 Dec 2016

Residential transactions up 0.8% in November: HMRC

Residential transactions up 0.8% in November: HMRC

Residential property transactions have risen for the second consecutive month, increasing by 0.8% between October and November, according to the latest figures from HMRC.

21 Dec 2016

 

Six firms chosen to develop Pensions Dashboard

Six firms chosen to develop Pensions Dashboard

Six firms have been chosen as technology development partners on the first prototype of the Pensions Dashboard.

21 Dec 2016

House prices to increase by 3% in 2017: RICS

House prices to increase by 3% in 2017: RICS

House prices in the UK will see an average increase of 3% in 2017 as the number of transactions stabilises, according to the latest RICS housing forecast.

21 Dec 2016

MPs call for consolidation of DB pensions market

MPs call for consolidation of DB pensions market

The DB pensions landscape is "highly fragmented and ripe for consolidation", according to a new report from the Work and Pensions Committee.

21 Dec 2016

Large deposit borrowers drive November mortgage market

Large deposit borrowers drive November mortgage market

The mortgage market has seen its first significant growth since the EU referendum, with 64,407 mortgages approved in November - a rise of 1.3%.

21 Dec 2016

Why PMI means peace of mind

Why PMI means peace of mind

Studies show that the speed of diagnosis and quick access to quality treatment is essential to determining the chances of recovery. For example, over 350,000 people in the UK are diagnosed with cancer every year, Britain’s biggest killer. While there have been significant improvements in survival rates, the figures continue to differ among gender with survival being higher among women.

20 Dec 2016

Atom Bank deposits top £110m

Atom Bank deposits top £110m

Atom Bank has seen Fixed Saver deposits exceed £110 million since its launch.

20 Dec 2016

House price growth to slow to 2% in 2017: Nationwide

House price growth to slow to 2% in 2017: Nationwide

Nationwide predicts house price growth to slow to around 2% in 2017, but says "house price prospects will depend crucially on developments in the wider economy".

20 Dec 2016

Over half of FTBs deterred by end of Help to Buy

Over half of FTBs deterred by end of Help to Buy

More than half (52%) of prospective first-time buyers said that the closure of the government’s Help to Buy: mortgage guarantee scheme has affected their planned property purchase.

20 Dec 2016

A third of borrowers choosing five-year fixed rates

A third of borrowers choosing five-year fixed rates

Fixed term mortgage products remained the most popular mortgage product in Q3, with an increased preference for five year fixes evident, accotding to Paragon Mortgages research.

20 Dec 2016

OneSavings Bank announces BTL affordability changes

OneSavings Bank announces BTL affordability changes

OneSavings Bank is implementing changes to its affordability assessments for all new buy-to-let mortgage applications through its trading brands of Kent Reliance and subsidiaries InterBay Commercial and Prestige Finance.

20 Dec 2016

Uinsure partners with the Melton and Mansfield

Uinsure partners with the Melton and Mansfield

GI provider Uinsure has been selected by both the Melton Building Society and Mansfield Building Society to become their sole supplier of home insurance.

20 Dec 2016

PMS and Sesame add Bluestone to panels

PMS and Sesame add Bluestone to panels

Bluestone Mortgages has today announced a new distribution partnership with PMS Mortgage Club and Sesame Network, which will see Bluestone products on offer through both companies’ lender panels.

20 Dec 2016

House prices rising twice as fast as pensioner incomes: ERC

House prices rising twice as fast as pensioner incomes: ERC

House prices in England have grown at twice the rate of pensioner households’ disposable incomes over the past 20 years – far exceeding the gains pensioners have seen from other staples of retirement income such as the state pension, investments and occupational pensions.

20 Dec 2016

Skipton appoints Intermediary Regional Manager

Skipton appoints Intermediary Regional Manager

Skipton Building Society has appointed Jonathan Dunn to its team of Intermediary Regional Managers.

20 Dec 2016

ULS acquires Broker Conveyancing

ULS acquires Broker Conveyancing

ULS Technology has acquired 100% of Conveyancing Alliance in a deal worth up to £12.5m.

20 Dec 2016

All I want for Christmas…

All I want for Christmas…

As CEO of Mortgage Brain, part of Mark Lofthouse's job is to keep the company up to date with the latest mortgage technology. But, if while out walking on Christmas Eve he looked up in the sky and saw five shooting stars, what (industry appropriate) wishes would he make?

19 Dec 2016

Government unveils new financial guidance body

Government unveils new financial guidance body

The government is preparing to have a new single financial guidance body in place by autumn 2018.

19 Dec 2016

LV= removes pension exit fees

LV= removes pension exit fees

LV= has announced that it is removing all pension wrapper exit charges from today, allowing customers to switch to another product or provider without incurring a charge.

19 Dec 2016

Our Next Event

Buy-to-Let Roadshow July 2017

Buy-to-Let Roadshow July 2017

Newcastle - 18/07/2017

Bolton - 19/07/2017

Derby - 20/07/2017

Reading - 21/07/2017

Register now

Latest Money Careers

Popular this week

Specialist Lending Roadshow June 2017

20th-23rd June

4 days
7 specialists
4 locations
Free to attend

Click here to register now