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FCA proposes reforms to equity IPO process

FCA proposes reforms to equity IPO process

The FCA has launched a Consultation Paper proposing a package of measures to reform the availability of information during the UK equity IPO process.

01 Mar 2017

Annual house price growth rises to 4.5%: Nationwide

Annual house price growth rises to 4.5%: Nationwide

UK house prices continued to increase steadily in February with a 0.6% monthly rise, according to the latest Nationwide house price index.

01 Mar 2017

First-time buyers taking advantage of cooling BTL demand: MAB

First-time buyers taking advantage of cooling BTL demand: MAB

New data from Mortgage Advice Bureau suggests a correlation between an increase of first-time buyers getting their foot on the ladder and a decrease by those purchasing in the buy-to-let sector.

01 Mar 2017

Prudential Regulation Committee replaces PRA Board

Prudential Regulation Committee replaces PRA Board

From tomorrow, the PRA Board will be replaced by the Prudential Regulation Committee, and the PRA will be brought within the single legal entity of the Bank of England.

28 Feb 2017

Accord launches new 65% LTV range

Accord launches new 65% LTV range

Accord Mortgages is launching a new 65% LTV range with added features such as cashback, free standard valuation or free legal fees.

28 Feb 2017

Kensington Mortgages completes £443m securitisation

Kensington Mortgages completes £443m securitisation

Kensington Mortgages has completed its 5th securitisation of new originations totalling £443m.

28 Feb 2017

Masthaven appoints Bluestone's Matt Andrews as Mortgage MD

Masthaven appoints Bluestone's Matt Andrews as Mortgage MD

Masthaven has appointed Matt Andrews as Managing Director for Mortgages.

28 Feb 2017

Leeds launches new BTL remortgage deals

Leeds launches new BTL remortgage deals

Leeds Building Society has expanded its buy-to-let mortgage range with the addition of new five-year fixed rates for remortgage.

28 Feb 2017

Intrinsic to acquire Caerus adviser network

Intrinsic to acquire Caerus adviser network

Intrinsic Financial Services, part of Old Mutual Wealth, has reached a conditional agreement to acquire the financial adviser network, Caerus.

28 Feb 2017

Virgin Money sees 12% rise in mortgage lending

Virgin Money sees 12% rise in mortgage lending

Virgin Money has reported a 12% rise in gross mortgage lending to £8.4bn, representing a market share of 3.4%.

28 Feb 2017

 

FOS reveals which lenders received most complaints in H2

FOS reveals which lenders received most complaints in H2

The Financial Ombudsman Service took on a total of almost 150,000 new cases in the last six months of 2016 - a slight overall decrease compared to H1, but with large fluctuations across product types.

28 Feb 2017

Government amends definition of financial advice

Government amends definition of financial advice

The Treasury has amended the definition of financial advice for regulated firms, meaning that only financial advice which makes a personal recommendation is regulated.

28 Feb 2017

Mark Graves appointed MD of Sesame & PMS

Mark Graves appointed MD of Sesame & PMS

Sesame Bankhall Group has announced a series of changes to its Executive team as Managing Director Stephen Gazard steps down after four years in the role.

28 Feb 2017

Small deposit buyers see strong start to 2017

Small deposit buyers see strong start to 2017

First-time buyers and borrowers with deposits less than 15% saw their share of the mortgage market rise to 18.7% in January, according to the latest e.surv data.

28 Feb 2017

Retention of triple lock would push State Pension age over 70: MPs

Retention of triple lock would push State Pension age over 70: MPs

Retention of the triple lock could mean millions in poorer areas get no State Pension at all, as State Pension age would need to rise above 70 to make triple lock sustainable, according to the Work and Pensions Committee.

28 Feb 2017

Aldermore launches new brand

Aldermore launches new brand

Aldermore has announced the launch of a new brand which focuses on ‘Go-Getters’.

27 Feb 2017

Cashback mortgages offer biggest savings for FTBs

Cashback mortgages offer biggest savings for FTBs

Mortgages offering cashback are most likely to save first-time buyers money in the long term, according to research from Yorkshire Building Society.

27 Feb 2017

Paul Brett joins Landbay

Paul Brett joins Landbay

Specialist buy-to-let lender Landbay has appointed Paul Brett as Managing Director, Intermediaries.

27 Feb 2017

Front Events launches FSE Midlands and FS Cup

Front Events launches FSE Midlands and FS Cup

Front Events has announced the launch of two events in the Midlands this year.

27 Feb 2017

PRA introduces new LTI ratio rules for mortgage lending

PRA introduces new LTI ratio rules for mortgage lending

The Prudential Regulation Authority has introduced its rules for the LTI flow limit which now operate on a four-quarter rolling basis.

27 Feb 2017

Bluestone Mortgages appoints new MD

Bluestone Mortgages appoints new MD

Bluestone Group has announced the appointment of David Torpey as Managing Director of Bluestone Mortgages and Group Chief Operations Officer.

27 Feb 2017

FTB figures drop as housing supply tightens

FTB figures drop as housing supply tightens

First-time buyer figures saw slight decrease in January, making up 30% of sales, down from 32% in December, according to figures from the National Association of Estate Agents.

27 Feb 2017

Flexible retirement a mirage for millions: Royal London

Flexible retirement a mirage for millions: Royal London

Those who plan a ‘flexible’ retirement, reducing their working hours in later life and topping up with pension income, could have to work on into their late seventies or beyond to achieve a decent standard of living in retirement, according to research from Royal London.

27 Feb 2017

Magellan partners with PMS

Magellan partners with PMS

Magellan Homeloans has made its full range of products available to members of the PMS Mortgage Club.

27 Feb 2017

Home affordability at worst level since 2008

Home affordability at worst level since 2008

Home affordability – as measured by the ratio between average house prices and gross local earnings – across UK cities is at its worst level since 2008, according to Lloyds Bank.

25 Feb 2017

In the Spotlight with Andrew Firth, Wealth Wizards

In the Spotlight with Andrew Firth, Wealth Wizards

We spoke to Andrew Firth, CEO at Wealth Wizards, about the role of robo-advice and auto-enrolment's biggest test.

24 Feb 2017

Remortgage lending up 15.7% in January: BBA

Remortgage lending up 15.7% in January: BBA

Gross mortgage borrowing totalled £13.8 billion in January, 6.3% higher than the same period last year, according to the latest BBA high street banking data.

24 Feb 2017

Scottish Widows cuts large loan rates by 0.20%

Scottish Widows cuts large loan rates by 0.20%

Scottish Widows Bank has lowered rates on borrowing over £1 million by 20 bps.

24 Feb 2017

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