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Masthaven launches new second-charge rates from 3.74%

Masthaven launches new second-charge rates from 3.74%

Masthaven has enhanced its second charge mortgage range and launched a new two-year discount product at 3.74% aimed at borrowers with a clean credit history in response to increasing broker demand.

07 Apr 2017

NatWest Intermediary Solutions begins lending in Northern Ireland

NatWest Intermediary Solutions begins lending in Northern Ireland

NatWest Intermediary Solutions has officially launched in Northern Ireland today, following the initial announcement last month.

07 Apr 2017

FCA bans and fines two spread betting employees for market abuse

FCA bans and fines two spread betting employees for market abuse

The FCA has banned and fined two former employees of spread betting firm Worldspreads, which collapsed in March 2012, for engaging in market abuse.

07 Apr 2017

Brexit negotiations pose risk to financial stability: Carney

Brexit negotiations pose risk to financial stability: Carney

Governor of the Bank of England, Mark Carney, has said that the global financial system is "at a fork in the road", predicting that the outcome of the Brexit negotiations will prove "highly influential" in determining which path it takes.

07 Apr 2017

Second charge lending volumes fall 12%

Second charge lending volumes fall 12%

Second charge mortgage new business fell 6% by value and 12% by volume in February, compared with the same month in 2016, according to the latest figures from the Finance & Leasing Association.

07 Apr 2017

FCA resumes HBOS investigation after six jailed

FCA resumes HBOS investigation after six jailed

The FCA is reinvestigating misconduct relating to Halifax Bank of Scotland following the conclusion of Thames Valley police action which resulted in six people being jailed.

07 Apr 2017

Accord cuts mortgage fees across LTV bands

Accord cuts mortgage fees across LTV bands

Accord Mortgages is launching a range of £495 fee mortgages for purchase or remortgage borrowers with lower loan sizes.

07 Apr 2017

Annual house price growth at lowest since May 2013: Halifax

Annual house price growth at lowest since May 2013: Halifax

The annual rate of house price growth has more than halved over the past 12 months to 3.8% - the lowest annual rate since May 2013, according to the latest Halifax house price index.

07 Apr 2017

Secure Trust Bank partners with Brightstar

Secure Trust Bank partners with Brightstar

Secure Trust Bank has partnered with Brightstar Financial to help Mortgage Advice Bureau members find the best solutions for their client’s mortgage needs.

06 Apr 2017

Tenet adds Norton to second charge panel

Tenet adds Norton to second charge panel

Tenet has expanded its direct to lender second charge panel with the addition of Norton Home Loans.

06 Apr 2017

 

FCA required to report on impact of regulation after BIBA lobby

FCA required to report on impact of regulation after BIBA lobby

Following lobbying by the British Insurance Brokers’ Association, a new Statutory Instrument has been passed which requires the FCA to report on the effects of regulation on economic growth.

06 Apr 2017

Monmouthshire launches buy-to-let rates from 2%

Monmouthshire launches buy-to-let rates from 2%

Monmouthshire Building Society has launched a new range of two year buy-to-let house purchase and remortgage products.

06 Apr 2017

The chicken and egg scenario of technological evolution

The chicken and egg scenario of technological evolution

Technology has progressed so rapidly that it’s not even easy to remember a time when a mobile phone was just a phone. The technological evolution is a little bit like a chicken and egg scenario. On one hand tech advances are being driven by people demanding simplicity, convenience, speed and efficiency. On the other hand have early tech advances only served to heighten and accelerate these needs? It’s difficult to say but one thing is clear - the tech revolution has changed the way the vast majority of businesses are now operating.

06 Apr 2017

Metro Bank launches 90% LTV range

Metro Bank launches 90% LTV range

Metro Bank has launched a 90% LTV range available to first-time buyers, movers and remortgage customers for loans up to £500,000.

06 Apr 2017

PMS Mortgage Club partners with Vida

PMS Mortgage Club partners with Vida

PMS has added Vida Homeloans to its panel, making their range of residential and buy-to-let mortgages available to members of PMS Mortgage Club.

06 Apr 2017

BTL tax relief impact "won't be felt until 2022": Paragon

BTL tax relief impact "won't be felt until 2022": Paragon

The full impact of the Government’s reduction in buy-to-let mortgage interest tax relief, phased in from today, "won't be felt until 2022", warns Paragon Mortgages' John Heron.

06 Apr 2017

House prices to rise 4.4% despite Brexit negotiations: Cebr

House prices to rise 4.4% despite Brexit negotiations: Cebr

UK house prices will continue to rise in 2017, despite uncertainty surrounding Brexit negotiations, according to the Centre for Economics & Business Research.

06 Apr 2017

Newcastle Intermediaries increases BTL overpayments

Newcastle Intermediaries increases BTL overpayments

Newcastle Intermediaries has increased the level of overpayments allowed without penalty across its entire buy-to-let range.

06 Apr 2017

Nirver Randhawa joins Leeds intermediary lending team

Nirver Randhawa joins Leeds intermediary lending team

Leeds Building Society has appointed Nirver Randhawa as Business Development Manager for Central London.

06 Apr 2017

TBMC launches BTL exclusives with Mortgage Trust

TBMC launches BTL exclusives with Mortgage Trust

TBMC has launched two new exclusive buy-to-let fixed rates with Mortgage Trust.

06 Apr 2017

Consumer slowdown is underway and set to intensify: BoE's Vlieghe

Consumer slowdown is underway and set to intensify: BoE's Vlieghe

The Bank of England's Gertjan Vlieghe has warned that "a rate hike that turns out to be premature is a more serious mistake than one that turns out to be somewhat late", adding that the post-Brexit consumer slowdown, which initially did not materialise, now appears to be underway.

05 Apr 2017

Empty comparisons: How expensive is equity release?

Empty comparisons: How expensive is equity release?

The last time I penned a piece for Financial Reporter I bemoaned the prevalence of people referring to equity release as a 'last resort'. I feel this view glosses over much of the impact releasing sums of cash from one’s home can have on improving retirement. What's more, I also feel that many are using equity release very wisely, like reinvesting in their home, and I know thousands are more than happy they took out a lifetime mortgage. And yet the pessimism persists and the 'last resorters' still dominate the conversation. But this doesn't mean we should stop challenging them.

05 Apr 2017

Consumers finding mortgages harder to switch, report shows

Consumers finding mortgages harder to switch, report shows

For the third consecutive year, mortgages were considered the most difficult product to switch with only 45% of people saying that the process had been straightforward, according to research from Go Compare.

05 Apr 2017

Borro's Harriet Smith joins Masthaven

Borro's Harriet Smith joins Masthaven

Masthaven has announced two new appointments: Harriet Smith joins as a Business Development Manager and Charles Creak joins as Business Development Executive.

05 Apr 2017

TML appoints Together's Laura Sneddon in raft of hires

TML appoints Together's Laura Sneddon in raft of hires

The Mortgage Lender has announced 12 new hires across the business, including Laura Sneddon who joins from Together Money.

05 Apr 2017

42% of intermediaries remain critical of lender portals

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42% of intermediaries remain critical of lender portals

Improvements and investment into intermediary portals is continuing, however two fifths of intermediaries still find them difficult to use, calling for them to be simpler and clearer, according to the third annual Intermediary Mortgage Survey from IRESS.

05 Apr 2017

LifeQuote launches new case tracking system

LifeQuote launches new case tracking system

LifeQuote has launched a new case tracking system with real time updates on all cases.

05 Apr 2017

Aldermore improves affordability on five-year fixes

Aldermore improves affordability on five-year fixes

Aldermore has amended its affordability stress rate on five-year fixed rate buy-to-let mortgages to the higher of the pay rate or reversion rate + 0.75%, down from pay rate or 5.5%.

05 Apr 2017

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