Latest News

Mansfield BS launches Versatility specialist lending brand

Mansfield BS launches Versatility specialist lending brand

Mansfield Building Society has launched Versatility - a new brand given to its specialist lending range which aims to help brokers identify niche solutions more easily.

03 Feb 2017

Fleet appoints BDM for the North

Fleet appoints BDM for the North

Fleet Mortgages has announced the appointment of a new Business Development Manager covering the North of England.

03 Feb 2017

Mortgage affordability "improved significantly over past decade": Halifax

Mortgage affordability "improved significantly over past decade": Halifax

Mortgage affordability has improved significantly in almost all local authority districts since the pre-crisis peak of 2007, according to Halifax research.

03 Feb 2017

Equity release qualifications are a signal for future success

Equity release qualifications are a signal for future success

The last few years have been very successful for equity release. Annual lending in 2016 set a new milestone of £2 billion, which represents an increase of more than 100 per cent in just three years.

02 Feb 2017

Offset mortgages a "golden opportunity for intermediaries"

Offset mortgages a "golden opportunity for intermediaries"

94% of brokers believe a better range of tools from lenders could help them to dispel client misconceptions about offset mortgages.

02 Feb 2017

Paymentshield announces executive changes as CEO steps down

Paymentshield announces executive changes as CEO steps down

Towergate has made changes to the executive management of Paymentshield after CEO Steve Wood announced his departure.

02 Feb 2017

2017 growth outlook rises to 2% but no imminent rate hike: BoE

2017 growth outlook rises to 2% but no imminent rate hike: BoE

The Bank of England has further raised its 2017 growth forecasts from 1.4% to 2.0% in its latest inflation report.

02 Feb 2017

BoE holds bank rate at 0.25%

BoE holds bank rate at 0.25%

The Bank of England's Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.25% but is prepared to "respond, in either direction", to changes to the economic outlook to ensure a sustainable return of inflation to the 2% target.

02 Feb 2017

TML adds The Select Partnership to panel

TML adds The Select Partnership to panel

The Mortgage Lender added The Select Partnership to its list of distribution partners.

02 Feb 2017

Diversify or die: embracing the second charge market

Diversify or die: embracing the second charge market

A recent study by Together made for some very uncomfortable reading for those of us operating in the second charge sector.

02 Feb 2017

 

Second charge market sees surge in debt consolidation demand

Second charge market sees surge in debt consolidation demand

An increasing number of clients are taking out charge products to help with growing debt concerns.

02 Feb 2017

Pepper expands residential range with new 30-month fixes

Pepper expands residential range with new 30-month fixes

Pepper Homeloans has enhanced its entire range of residential mortgage products by cutting the majority of two-year fixed rates by up to 0.25% as well as launching new 30-month, three-year and five-year fixed rate deals to the range.

02 Feb 2017

Source implements GI changes ahead of FCA deadline

Source implements GI changes ahead of FCA deadline

New FCA rules coming into force from 1st April require all general insurance renewal invitations to contain messages to encourage the policyholder to shop around.

02 Feb 2017

Damian Cain rejoins board of directors at Complete FS

Damian Cain rejoins board of directors at Complete FS

Complete FS has appointed Damian Cain to the board of the company to manage broker relationships in addition to leading the continued development of the company's second charge proposition.

01 Feb 2017

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

iStock_000009992808Large.jpg

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

Latest Money Careers

Popular this week