Latest News

Newcastle Intermediaries cuts FTB rates by up to 0.70%

Newcastle Intermediaries cuts FTB rates by up to 0.70%

Newcastle Intermediaries has reduced rates by as much as 0.70% across its first time buyer mortgage range.

09 Nov 2016

What impact will Trump have on UK financial services?

What impact will Trump have on UK financial services?

Financial markets reacted sharply to the US election result this morning, with the US dollar falling and market expectations of a Federal interest rate hike in December scaled back.

09 Nov 2016

BoE: financial services growth expectations 'particularly negative'

BoE: financial services growth expectations 'particularly negative'

Bank of England research shows that while business sentiment had started to recover from its post-referendum fall, it remains "relatively fragile alongside significant uncertainty around the longer-term outlook".

09 Nov 2016

‘Robo advice’ – what does it really mean?

‘Robo advice’ – what does it really mean?

The term 'robo advice' has been much in the news recently, but what does it really mean? Personally, I'm not a fan of the term 'robo advice.' It gives a sinister and dystopian feel to something that in reality is far from a new concept, and at this stage, does nothing more than enable clients to educate themselves using interactive tools to a point where they feel the need for advice.

09 Nov 2016

Keystone appoints Paul Rockett to BDM team

Keystone appoints Paul Rockett to BDM team

Keystone has appointed Paul Rockett to its business development team to look after brokers operating in the South West, South and Mid-Wales.

09 Nov 2016

Low rates spark 17% rise in remortgage valuations

Low rates spark 17% rise in remortgage valuations

Remortgagors are taking full advantage of record low interest rates and the cut to the Bank Rate, according to research from Connells Survey and Valuation.

09 Nov 2016

MPs call for review into Northern Rock asset sale

MPs call for review into Northern Rock asset sale

The Committee of Public Accounts is calling for the Treasury to conduct a review into the sale of former Northern Rock assets after identifying areas for improvement, “particularly during the preparation phase”.

09 Nov 2016

V Loans announces closure of business

V Loans announces closure of business

Second charge master broker firm V Loans has announced its withdrawal from the second charge and bridging markets.

08 Nov 2016

LV= plans to stop selling enhanced annuities

LV= plans to stop selling enhanced annuities

LV= is consulting with its employees on proposals to stop selling enhanced annuities and increase its focus on its secure drawdown options as well as its wider Retirement Solutions business.

08 Nov 2016

Nationwide launches five-year trackers from 1.89%

Nationwide launches five-year trackers from 1.89%

From tomorrow, Nationwide is launching new five-year tracker mortgage products.

08 Nov 2016

 

Next Intelligence adds Magellan Homeloans to panel

Next Intelligence adds Magellan Homeloans to panel

Magellan Homeloans has been added to the lending panel of Next Intelligence mortgage club.

08 Nov 2016

The Mortgage Lender expands broker-facing teams

The Mortgage Lender expands broker-facing teams

The Mortgage Lender has made several new appointments in its broker-facing teams.

08 Nov 2016

Aldermore Chairman Glyn Jones to step down

Aldermore Chairman Glyn Jones to step down

Aldermore has confirmed that Glyn Jones has resigned as Non-Executive Chairman and Director of the Company, which will take effect from 6 February 2017.

08 Nov 2016

Vida Homeloans adds nine new packagers to panel

Vida Homeloans adds nine new packagers to panel

Vida Homeloans is expanding the panel of packaging partners distributing its range of residential and buy-to-let mortgages.

08 Nov 2016

New Bank of England rules to end "too big to fail"

New Bank of England rules to end "too big to fail"

The Bank of England has announced new rules designed to make it easier to manage the failure of banks and building societies, as part of wider reforms to end taxpayer bailouts in the UK.

08 Nov 2016

Legal & General launches Insurance division

Legal & General launches Insurance division

Legal & General Group has announced the formation of a new division: Legal & General Insurance, under the leadership of Bernie Hickman.

08 Nov 2016

Virgin Money launches new intermediary exclusives from 1.32%

Virgin Money launches new intermediary exclusives from 1.32%

Virgin Money has launched new intermediary exclusive two-year fixed rates for a limited period, as well as making rate reductions on selected two and five-year fixed rate Help to Buy Equity Loan products.

08 Nov 2016

TSB launches record low five-year fixed remortgage at 1.89%

TSB launches record low five-year fixed remortgage at 1.89%

TSB has launched its best ever five-year fixed rate for remortgaging at 1.89% up to 60% LTV.

08 Nov 2016

Government appoints Virgin Money CEO as Women in Finance Champion

Government appoints Virgin Money CEO as Women in Finance Champion

The government has appointed Jayne-Anne Gadhia, CEO of Virgin Money, as the official Women in Finance Champion to promote the benefits of a diverse workforce across the UK financial services sector.

08 Nov 2016

Second charge lending defies Brexit fears with 6% rise

Second charge lending defies Brexit fears with 6% rise

The second charge market "has taken post-Brexit uncertainty in its stride", with new business volumes in the traditionally quieter August matching July and 6% higher than the same time last year, according to Enterprise Finance research.

08 Nov 2016

London & Country prepares for 2018 IPO

London & Country prepares for 2018 IPO

London & Country Mortgages is preparing for an initial public offering by December 2018, and is seeking a pre-IPO investor for a minority stake in the company to support its growth initiatives.

07 Nov 2016

Six new firms sign up to Pensions Dashboard prototype

Six new firms sign up to Pensions Dashboard prototype

In addition to the eleven companies named at the launch in September, a further six have now signed up to the Pensions Dashboard project, the ABI has announced.

07 Nov 2016

AMI elects two deputy Chairmen as Stephen Smith steps down

AMI elects two deputy Chairmen as Stephen Smith steps down

The AMI has announced a number of changes to its Board, including the election of two new Deputy Chairmen - David Copland and Martin Reynolds.

07 Nov 2016

FCA unveils successful sandbox firms

FCA unveils successful sandbox firms

The FCA has marked the second anniversary of Project Innovate by announcing the firms that were successful in their applications to begin testing in the first cohort of the regulatory sandbox.

07 Nov 2016

Number of 90% LTV products at eight-year high

Number of 90% LTV products at eight-year high

The number of 90% and 95% LTV products have seen a "significant boost" in numbers over the past month, after falling slightly following the Referendum result.

07 Nov 2016

Tenet launches direct to lender second charge panel

Tenet launches direct to lender second charge panel

Tenet has today launched a direct to lender second charge panel, with five initial lenders including Masthaven Secured Loans, Precise Mortgages, Paragon Personal Finance, Shawbrook Bank and Step One Finance.

07 Nov 2016

Downsizers turning to equity release as prices rise

Downsizers turning to equity release as prices rise

Older homeowners have unrealistic expectations about how much money they will raise from downsizing as a lack of suitable homes drives up prices, according to Key Partnerships research.

07 Nov 2016

Advisers back FCA's equity release qualification changes

Advisers back FCA's equity release qualification changes

67% of advisers welcome the FCA’s plans to introduce a new standalone equity release qualification, according to more 2 life research.

07 Nov 2016

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