Latest News

Darlington and Furness appoint Uinsure as sole home insurance supplier

Darlington and Furness appoint Uinsure as sole home insurance supplier

Darlington and Furness building societies have chosen Uinsure as their exclusive home insurance supplier.

11 Jan 2017

Equity release market breaks through £2bn barrier in 2016

Equity release market breaks through £2bn barrier in 2016

Pensioners withdrew more than £2.1 billion of property wealth last year as the equity release market surged to a new all-time high, according to Key Retirement.

11 Jan 2017

Tesco Bank reduced fixed rates

Tesco Bank reduced fixed rates

Tesco Bank has reduced rates on a selection of its two and five-year fixed rate mortgage products.

11 Jan 2017

Coventry BS to pay retention proc fees

Coventry BS to pay retention proc fees

Coventry Building Society has announced plans to pay mortgage brokers a procuration fee for retention business.

11 Jan 2017

Stonebridge Group mortgage completions up 53%

Stonebridge Group mortgage completions up 53%

Mortgage and insurance network Stonebridge Group has announced strong business volume growth across its core mortgage, life/protection and general insurance activities.

11 Jan 2017

Data sharing standards are key to Pensions Dashboard, says developer

Data sharing standards are key to Pensions Dashboard, says developer

Financial data specialist ITM is urging the pensions industry to cooperate on data sharing standards after becoming one of the six firms chosen as technology development partners for the prototype of the Pension Dashboard.

11 Jan 2017

Accord cuts rates by up to 0.30%

Accord cuts rates by up to 0.30%

Accord Mortgages has reduced rates on selected fixed rate mortgages by up to 0.30%.

11 Jan 2017

The Source appoints BDM for Scotland and Northern Ireland

The Source appoints BDM for Scotland and Northern Ireland

Source Insurance has appointed Jack Robertson as the new Business Development Manager for Scotland and Northern Ireland.

11 Jan 2017

A third of homeowners plan to remortgage in 2017

A third of homeowners plan to remortgage in 2017

The remortgaging rush is expected to continue in 2017, with almost a third (31%) of eligible homeowners planning to cash in on low interest rates and 25% of those preparing to remortgage in January, according to TSB research.

11 Jan 2017

LV= appoints Alan Cook as non-executive director

LV= appoints Alan Cook as non-executive director

LV= has appointed Alan Cook CBE as an independent non-executive director of the Society and Chairman designate following regulatory approval.

10 Jan 2017

 

Nationwide cuts fixed rates by up to 0.20%

Nationwide cuts fixed rates by up to 0.20%

From tomorrow, Nationwide Building Society is cutting two, three and five-year fixed rate mortgage products by up to 0.20%.

10 Jan 2017

10-year fixed rates begin to rise

10-year fixed rates begin to rise

The 10-year fixed rate is 'flourishing' with the number of available products rising from 80 in January 2016 to 124 this month.

10 Jan 2017

Atom Bank expands fixed saver range

Atom Bank expands fixed saver range

Atom Bank has added two new products to its current fixed saver range, with three-year and five-year products available from today.

10 Jan 2017

Clydesdale and Yorkshire launch lowest ever fixed rate

Clydesdale and Yorkshire launch lowest ever fixed rate

Clydesdale and Yorkshire Banks have reduced rates across their retail mortgage range and are now offering their lowest ever fixed rate.

10 Jan 2017

Al Rayan Bank launches BTL range in Scotland

Al Rayan Bank launches BTL range in Scotland

Al Rayan Bank has announced the launch of Sharia compliant buy-to-let purchase plans for the Scottish market, one month after establishing its presence as the only wholly Sharia compliant retail bank in Scotland.

10 Jan 2017

Barcadia Media partners with NACFB for new Commercial Finance Roadshow

Barcadia Media partners with NACFB for new Commercial Finance Roadshow

Following the success of its Specialist and Buy-to-Let Roadshows in 2016, Barcadia is delighted to reveal that it has been chosen by the NACFB to launch a new Roadshow.

10 Jan 2017

BTL market begins to normalise following remortgage surge

BTL market begins to normalise following remortgage surge

While remortgaging continued to account for the bulk of activity in the buy-to-let market in Q4, purchase lending returned to levels seen before Q3, according to the latest Mortgages for Business Index.

10 Jan 2017

Investec launches Solvency II reporting solution

Investec launches Solvency II reporting solution

Investec Wealth & Investment has launched a fully-automated Solvency II reporting solution for financial mutual and insurance companies.

10 Jan 2017

Low equity release rates spark rise in plan switching

Low equity release rates spark rise in plan switching

Equity release rate cuts are driving increased inquiries about switching plans from existing customers, according to Bower Retirement research.

10 Jan 2017

DB pension deficits rise by £90bn in 2016

DB pension deficits rise by £90bn in 2016

The deficit of defined benefit pension funds stood at £560bn at the end of 2016, £90bn higher than a year earlier, according to PwC figures.

09 Jan 2017

Bank of Ireland ups lending age to 75 in criteria shake-up

Bank of Ireland ups lending age to 75 in criteria shake-up

Bank of Ireland for Intermediaries has announced a raft of new lending criteria changes in a bid to make its products available to a wider customer base.

09 Jan 2017

January sees largest fall in BTL products since 2009

January sees largest fall in BTL products since 2009

January has seen a "significant drop" in the number of buy-to-let mortgage products, with 74 deals withdrawn from the market in just one month, according to Moneyfacts data.

09 Jan 2017

Paymentshield enhances GI offering

Paymentshield enhances GI offering

Paymentshield has worked with its panel of insurers to enhance its GI offering and has implemented a range of changes.

09 Jan 2017

Paragon launches new fixed-rate BTL range

Paragon launches new fixed-rate BTL range

Paragon Mortgages has launched a new range of two and five year fixed-rate mortgage products available for buy-to-let purchase and remortgage.

09 Jan 2017

Brokers say lending restrictions biggest 2017 challenge

Brokers say lending restrictions biggest 2017 challenge

Over half (55%) of commercial and half (50%) of residential brokers now are confident about their business growth for 2017, according to Shawbrook Bank’s Broker Barometer.

09 Jan 2017

Newcastle Intermediaries hires three BDMs

Newcastle Intermediaries hires three BDMs

Newcastle Intermediaries has appointed three new Business Development Managers who will join Francesco Di Pietro to complete a national team of four.

09 Jan 2017

Adviser-focused P2P platform granted FCA authorisation

Adviser-focused P2P platform granted FCA authorisation

Octopus Choice, the peer-to-peer lending platform from Octopus Investments, has been granted full authorisation by the FCA.

09 Jan 2017

Government no longer biggest Lloyds shareholder

Government no longer biggest Lloyds shareholder

The government has reduced its remaining shareholding in Lloyds Bank to less than 6% and below the level of the next largest shareholder, it announced today.

09 Jan 2017

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