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Foundation Home Loans to enter residential market

Foundation Home Loans to enter residential market

Foundation Home Loans has announced plans to enter the residential mortgage market in 2017.

13 Jan 2017

BTL and remortgage lending rises 'significantly' in Q4: BoE

BTL and remortgage lending rises 'significantly' in Q4: BoE

Lenders have reported that demand for buy-to-let and remortgage lending increased significantly in Q4, according to the latest Bank of England Credit Conditions Survey.

13 Jan 2017

Coventry for intermediaries cuts residential rates

Coventry for intermediaries cuts residential rates

Coventry for intermediaries has reduced rates on selected two and five year fixed residential mortgages and launched a new 50% LTV Flexx for Term range.

13 Jan 2017

more 2 life adds fixed ERCs to Capital Choice Plan

more 2 life adds fixed ERCs to Capital Choice Plan

more 2 life is adding fixed ERCs to its Capital Choice Plan in addition to the current 10% ERC–free partial repayment option.

13 Jan 2017

First-time buyers at nine-year high

First-time buyers at nine-year high

The number of first-time buyers reached 335,750 in 2016 – the highest level since the start of the financial crisis in 2007, according to the latest Halifax First-Time Buyer Review.

13 Jan 2017

Hinckley & Rugby launches 95% LTV which steps to lower rate

Hinckley & Rugby launches 95% LTV which steps to lower rate

Hinckley & Rugby Building Society has launched an new five-year fixed rate 95% LTV mortgage which sees the interest rate drop for the final two years.

13 Jan 2017

Standalone equity release qualification "drastic and illogical": AMI

Standalone equity release qualification "drastic and illogical": AMI

The AMI has described calls for a standalone qualification in equity release "drastic and illogical" stating that it "strongly disagrees" with the proposal.

13 Jan 2017

Vida launches specialist residential mortgage range

Vida launches specialist residential mortgage range

Vida Homeloans has launched a new specialist residential mortgage range, including two-year variable rates from 2.99%, two-year fixed rates from 3.29%, five-year fixed rates from 3.79% and a new Fee Saver range.

13 Jan 2017

Just 41% know how much they need in retirement

Just 41% know how much they need in retirement

Half of people aged 55 and over in the UK have no idea when they’ll be able to retire and only 41% know how much they’ll need in their pension pot to afford a comfortable retirement, according to Momentum UK.

12 Jan 2017

NS&I revamps adviser website

NS&I revamps adviser website

NS&I has launched a new version of its website for financial advisers, planners and paraplanners.

12 Jan 2017

 

Clever Lending appoints bridging specialist

Clever Lending appoints bridging specialist

Clever Lending has appointed David Winter to help grow the commercial and bridging business as lending levels continue to grow.

12 Jan 2017

Pepper appoints Rhona Potter to Head of Marketing

Pepper appoints Rhona Potter to Head of Marketing

Rhona Potter has been appointed as Head of Marketing for Pepper Homeloans.

12 Jan 2017

Advisers support launch of standalone equity release qualification

Advisers support launch of standalone equity release qualification

In the wake of the FCA announcing a consultation into the merits of a standalone equity release qualification, the idea has found support amongst the adviser community.

12 Jan 2017

IFISA to spark 50% growth in P2P market

IFISA to spark 50% growth in P2P market

The launch of the Innovative Finance ISA could spark growth of up to 50% in the peer-to-peer market in 2017, according to ratings and research agency 4thWay.

12 Jan 2017

Equity release lending up 34% in 2016: ERC

Equity release lending up 34% in 2016: ERC

The Equity Release Council has confirmed that the total value of equity release lending surpassed £2bn for the first time in 2016.

12 Jan 2017

Paradigm to distribute new real-time affordability platform

Paradigm to distribute new real-time affordability platform

Paradigm Mortgage Services has linked up with Castlight Financial to distribute its recently launched real-time affordability platform.

12 Jan 2017

Mortgage market increasingly favouring low-LTV borrowers: AmTrust

Mortgage market increasingly favouring low-LTV borrowers: AmTrust

The number of available products, a widening price gap and lower repayments mean that those with higher deposits are continuing to benefit more than those choosing high-LTV mortgage products, according to AmTrust research.

12 Jan 2017

TSB to pay retention proc fees

TSB to pay retention proc fees

TSB has become the latest lender to announce plans to pay mortgage brokers a procuration fee for retention business.

11 Jan 2017

UK economic growth slowed to 2% in 2016: NIESR

UK economic growth slowed to 2% in 2016: NIESR

National Institute of Economic and Social Research figures show that GDP output grew by 0.5% in Q4 2016 after growth of 0.5% in the three months ending in November 2016.

11 Jan 2017

Together launches cross-charge regulated bridging

Together launches cross-charge regulated bridging

Specialist lender Together has enhanced its regulated bridging product range with the introduction of cross-charging, which will enable homeowners to leverage any equity in their current property.

11 Jan 2017

Darlington and Furness appoint Uinsure as sole home insurance supplier

Darlington and Furness appoint Uinsure as sole home insurance supplier

Darlington and Furness building societies have chosen Uinsure as their exclusive home insurance supplier.

11 Jan 2017

Equity release market breaks through £2bn barrier in 2016

Equity release market breaks through £2bn barrier in 2016

Pensioners withdrew more than £2.1 billion of property wealth last year as the equity release market surged to a new all-time high, according to Key Retirement.

11 Jan 2017

Tesco Bank reduced fixed rates

Tesco Bank reduced fixed rates

Tesco Bank has reduced rates on a selection of its two and five-year fixed rate mortgage products.

11 Jan 2017

Coventry BS to pay retention proc fees

Coventry BS to pay retention proc fees

Coventry Building Society has announced plans to pay mortgage brokers a procuration fee for retention business.

11 Jan 2017

Stonebridge Group mortgage completions up 53%

Stonebridge Group mortgage completions up 53%

Mortgage and insurance network Stonebridge Group has announced strong business volume growth across its core mortgage, life/protection and general insurance activities.

11 Jan 2017

Data sharing standards are key to Pensions Dashboard, says developer

Data sharing standards are key to Pensions Dashboard, says developer

Financial data specialist ITM is urging the pensions industry to cooperate on data sharing standards after becoming one of the six firms chosen as technology development partners for the prototype of the Pension Dashboard.

11 Jan 2017

Accord cuts rates by up to 0.30%

Accord cuts rates by up to 0.30%

Accord Mortgages has reduced rates on selected fixed rate mortgages by up to 0.30%.

11 Jan 2017

The Source appoints BDM for Scotland and Northern Ireland

The Source appoints BDM for Scotland and Northern Ireland

Source Insurance has appointed Jack Robertson as the new Business Development Manager for Scotland and Northern Ireland.

11 Jan 2017

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