Latest News

Mortgage Brain announces conveyancing system enhancements

Mortgage Brain announces conveyancing system enhancements

Mortgage Brain has enhanced its online conveyancing service, ConveyancingBrain, so advisers can more easily manage client cases and conveyancing quotes.

01 Feb 2017

Tesco Bank cuts two and five-year fixed rates

Tesco Bank cuts two and five-year fixed rates

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

01 Feb 2017

FCA to allow partly contested cases

FCA to allow partly contested cases

The FCA is introducing a process for partly contested cases as part of a series of changes aimed at improving the effectiveness of its enforcement decision-making process.

01 Feb 2017

BoE to keep interest rates unchanged until 2019: NIESR

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BoE to keep interest rates unchanged until 2019: NIESR

NIESR expects the Bank of England to "look through the temporary period of above target inflation" and keep interest rates unchanged until the middle of 2019, increasing gradually at around 50 basis points per year thereafter.

01 Feb 2017

Online broker gets £4.5m in funding

Online broker gets £4.5m in funding

Online mortgage broker, Trussle, has received a £4.5m backing from fintech investors.

01 Feb 2017

Annual house price growth "broadly stable" at 4.3%: Nationwide

Annual house price growth "broadly stable" at 4.3%: Nationwide

The annual rate of house price growth remained "broadly stable" at the start of 2017 at 4.3%, just below the growth rate in December of 4.5%, according to the latest Nationwide house price index.

01 Feb 2017

SimplyBiz adds Fluent to second charge panel

SimplyBiz adds Fluent to second charge panel

SimplyBiz Mortgages has chosen Fluent for Advisers as part of its panel of specialist distributors.

01 Feb 2017

Octopus partners with challengers to double average savings rate

Octopus partners with challengers to double average savings rate

Octopus Investments has partnered with a number of challenger banks in a bid to let clients of advisers double the average high street interest rate, while providing additional FSCS cover.

01 Feb 2017

Strict retirement lending criteria hinders 79% of advisers

Strict retirement lending criteria hinders 79% of advisers

79% of advisers have been unable to find a retirement lending solution for a client at some point due to LTVs being too low or lending criteria being too restrictive, according to more 2 life research.

01 Feb 2017

Together ups personal mortgage loan size to £1m

Together ups personal mortgage loan size to £1m

Together has increased its maximum personal mortgage loan amount to £1m to address rising property prices.

01 Feb 2017

 

Brightstar's Bradley Moore and Will Lloyd promoted to Directors

Brightstar's Bradley Moore and Will Lloyd promoted to Directors

Brightstar Financial has strengthened its senior team with two internal promotions.

31 Jan 2017

United Trust Bank cuts bridging rates to 0.55%

United Trust Bank cuts bridging rates to 0.55%

United Trust Bank is the latest lender to announce reduced interest rates on its bridging loans, cutting rates across all LTV bandings.

31 Jan 2017

Newcastle Intermediaries launches new self-employed range

Newcastle Intermediaries launches new self-employed range

Newcastle Intermediaries has launched a revised range of mortgages available exclusively for self-employed borrowers.

31 Jan 2017

Bridging lending rises by 11.5% in 2016

Bridging lending rises by 11.5% in 2016

Bridging loan volumes rose by £50.1m (11.5%) to £482.61m in 2016, despite a volatile year that saw issuance levels rise and fall against major political events, according to the latest Bridging Trends data.

31 Jan 2017

Accord adds five products to offset range

Accord adds five products to offset range

Accord Mortgages has introduced five new options to its offset range, including a choice of mortgages with no upfront product fee.

31 Jan 2017

New asset-finance sourcing platform launches

New asset-finance sourcing platform launches

Financial services broker Midlands Asset Finance has launched a new online platform - Asset Finance Compared - which aims to simplify the process of sourcing and applying for asset finance.

31 Jan 2017

Remortgage lending soars to new post-crisis high: BoE

Remortgage lending soars to new post-crisis high: BoE

Remortgage approvals continued to rise in December, hitting a new eight-year high of 47,721, according to the latest Bank of England Money and Credit figures.

31 Jan 2017

F&TRC launches robo-advice service ratings

F&TRC launches robo-advice service ratings

F&TRC has launched a new division which analyses and rates digital advice propositions in what it says is the first research of its kind for the sector.

31 Jan 2017

FCA fines Deutsche Bank record £163m for money laundering failings

FCA fines Deutsche Bank record £163m for money laundering failings

The FCA has fined Deutsche Bank £163,076,224 for "failing to maintain an adequate anti-money laundering control framework" which enabled the transfer of approximately $10 billion, of unknown origin, from Russia to offshore bank accounts.

31 Jan 2017

L&G pays out £180m through Early Warning System

L&G pays out £180m through Early Warning System

Legal & General paid out £44 million in 2016 as a direct result of its Early Warning System and has now paid out a total of £180.7 million from 2,411 claims as a direct result of the introduction of the system in 2010.

31 Jan 2017

OneFamily launches flexible interest lifetime mortgages

OneFamily launches flexible interest lifetime mortgages

OneFamily has launched two new lifetime mortgage products which allow consumers to choose how much interest they want to pay and for how long on either a fixed or a variable interest rate.

31 Jan 2017

Remortgagors borrowing £15,000 more as record low rates continue

Remortgagors borrowing £15,000 more as record low rates continue

Homeowners remortgaged for an average of £15,000 more in 2016 than they did two years ago, borrowing around £181,000 compared to £166,000 in 2014, according to My Home Move research.

30 Jan 2017

CML supports launch of new social housing regulator

CML supports launch of new social housing regulator

The Council of Mortgage Lenders says it supports moves to set up a new regulator for the social housing sector, independent of the Homes and Communities Agency.

30 Jan 2017

L&G Home Finance appoints Steve Ellis as Managing Director

L&G Home Finance appoints Steve Ellis as Managing Director

Steve Ellis has been appointed as Managing Director of Legal & General Home Finance after previously holding the position of Chief Operating Officer within the business.

30 Jan 2017

The Share Centre to launch Lifetime ISA

The Share Centre to launch Lifetime ISA

The Share Centre says it will offer the new Lifetime ISA from its launch date on April 6th.

30 Jan 2017

Equity release referral cases double the average size

Equity release referral cases double the average size

Equity release referrals saw growth of more than 71% in 2016 with referral customers releasing an average £100,598 – almost double the £55,260 on average released by customers going direct to advisers, according to Key Partnerships.

30 Jan 2017

Cover Choice launches dedicated broker site

Cover Choice launches dedicated broker site

Protection and PMI specialist Cover Choice has launched a dedicated broker website for regulated firms that prefer to outsource their protection.

30 Jan 2017

Tilney Bestinvest rebrands following Towry merger

Tilney Bestinvest rebrands following Towry merger

Financial planning and investment group Tilney Bestinvest has rebranded as the Tilney Group following the acquisition and integration of Towry which completed in August 2016.

30 Jan 2017

Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

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