Latest News

Precise introduces bridging AVM

Precise introduces bridging AVM

Precise Mortgages has enhanced its bridging lending process with the introduction of an Automated Valuation Model, shortening valuations timescales to minutes instead of days.

21 Jun 2016

Fleet partnership sees lending hit £0.5bn

Fleet partnership sees lending hit £0.5bn

Fleet Mortgages' relationship with asset manager BlackRock has so far resulted in over £0.5 billion of buy-to-let mortgage lending.

21 Jun 2016

FCA launches FAMR working group

FCA launches FAMR working group

The Financial Advice Working Group has been launched by the FCA in response to the FAMR report that was published in March 2016.

21 Jun 2016

Sesame adds four providers to protection panel

Sesame adds four providers to protection panel

Sesame is expanding its Zenith protection panel for network members with the addition of four new providers: AIG, Aegon, Scottish Widows and Vitality.

21 Jun 2016

FHL cuts max age limit for Limited Company BTL

FHL cuts max age limit for Limited Company BTL

Foundation Home Loans has launched a new range of products and removed maximum age limits for Limited Company buy-to-let.

21 Jun 2016

London & Country plans £300m sale or IPO

London & Country plans £300m sale or IPO

London & Country Mortgages has revealed plans for a sale or stock market float with a valuation of up to £300m.

21 Jun 2016

Prudential withdraws from open annuity market

Prudential withdraws from open annuity market

The Prudential has confirmed that it will no longer offer its annuities on the open market and in future will only offer them to existing customers.

21 Jun 2016

HSBC launches 0.99% two-year fix

HSBC launches 0.99% two-year fix

HSBC has launched a 0.99% two-year fix, which it says is currently the lowest on the market.

21 Jun 2016

National Friendly returns to new business

National Friendly returns to new business

National Friendly has announced its return to new business with plans to launch further products and services over the coming year.

21 Jun 2016

New inheritance tax solution launches at Foresight

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New inheritance tax solution launches at Foresight

Foresight Group has announced today that it has launched a new accelerated inheritance tax product that aims to provide immediate protection from inheritance tax.

20 Jun 2016

 

Bank of Ireland UK joins forces with Tenet

Bank of Ireland UK joins forces with Tenet

Bank of Ireland for Intermediaries has announced today that it has launched a new partnership with non-investment network TenetLime.

20 Jun 2016

Half of those with a UK mortgage left financially exposed

Half of those with a UK mortgage left financially exposed

According to a worrying new report from Scottish Widows, half of the UK’s mortgage holders have no life cover in place. This equates to 8.2 million people who have left themselves and their families financially exposed should the worst happen.

20 Jun 2016

Kensington launches new large loans range

Kensington launches new large loans range

Kensington Mortgages has announced today that it has launched Premier, a new range of higher value mortgages for borrowers with complex incomes and higher service expectations.

20 Jun 2016

Sesame and PMS add Chorley BS to panel

Sesame and PMS add Chorley BS to panel

Sesame and PMS have announced this morning that they have added Chorley Building Society to their lender panels as well as launching two brand new three-year exclusive products.

20 Jun 2016

BTL feast leaves higher prices for FTBs

BTL feast leaves higher prices for FTBs

According to the latest house price index from Rightmove, prices for property coming to market during May saw a modest rise of 0.4% (+£1,118) masking a nasty spring surprise for those taking their first step onto the property ladder.

20 Jun 2016

56% of remortgagors lowered their rate ahead of Brexit

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56% of remortgagors lowered their rate ahead of Brexit

The latest research from LMS has found that during May, over half of those remortgaging decided to take advantage of the competitive rates available to lower their mortgage rate.

20 Jun 2016

Halifax to give FTBs £500 gift card

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Halifax to give FTBs £500 gift card

Halifax has announced this morning that it will offer first time buyers and home movers a £500 gift card for Currys PC World when they successfully apply for a qualifying mortgage between 20 June and 14 August 2016.

20 Jun 2016

TFC announces partnership with Bluestone

TFC announces partnership with Bluestone

TFC Homeloans has announced this morning that it has linked up with Bluestone Mortgages in a move that will enable its brokers to access the lender’s range of first charge mortgages for borrowers who don’t meet mainstream lending criteria.

20 Jun 2016

Leek United launches new five year fix

Leek United launches new five year fix

Leek United Building Society has announced this morning that it has given first-time homebuyers an early step up onto the housing ladder.

20 Jun 2016

Second steppers relying on equity face "significant shortfall"

Second steppers relying on equity face "significant shortfall"

British homeowners are relying on rising prices to move up the property ladder, but could face a "significant shortfall", according to uSwitch.

18 Jun 2016

Rob Jupp: Sourcing systems of the future

Rob Jupp: Sourcing systems of the future

‘Sourcing system’ seems to be the phrase of the moment in the specialist lending world. Within days of Brightstar launching its EasySource system, a number of other systems were announced.

17 Jun 2016

Coventry for Intermediaries loosens affordability criteria

Coventry for Intermediaries loosens affordability criteria

Coventry for Intermediaries has announced changes to its affordability model which it says will increase the borrowing capacity available to many prospective clients.

17 Jun 2016

'Midlife pensions crisis' highlights need for advice

'Midlife pensions crisis' highlights need for advice

People in their early 40s are the most pessimistic in their retirement outlook and are suffering from a "crisis of confidence", according to Just Retirement.

17 Jun 2016

BoE seeks innovation ideas from FinTech firms

BoE seeks innovation ideas from FinTech firms

The Bank of England has announced plans to work in partnership with FinTech firms to tackle the central bank's "unique" challenges.

17 Jun 2016

Average mortgage switcher saves £2,000 a year

Average mortgage switcher saves £2,000 a year

Swapping an existing mortgage to a more competitive product saves the average homeowner over £2,000 a year, according to Legal & General Mortgage Club.

17 Jun 2016

Advisers beat comparison sites for protection purchase

Advisers beat comparison sites for protection purchase

Although comparison websites are the most popular protection research tool (23%), when actually purchasing cover buying from insurers directly (28%), banks and building societies (16%) and brokers and advisers (15%) all beat online sales, which lag behind at 13%.

17 Jun 2016

Dudley BS mortgage lending up 10%

Dudley BS mortgage lending up 10%

Dudley Building Society's pre-tax profit in the year ending April 2016 rose by 8.3% to £1,335,000.

17 Jun 2016

TML appoints key account managers ahead of launch

TML appoints key account managers ahead of launch

The Mortgage Lender, has announced the appointment of three new key account managers as it prepares for launch.

17 Jun 2016

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