Latest News

Claire Budden rejoins Complete FS

Claire Budden rejoins Complete FS

Complete FS, the South Coast based specialist lending packager, welcomes back Claire Budden in the role of Associate Director of Operations.

08 Mar 2017

Tesco cuts rates on 2- and 5-year fixes

Tesco cuts rates on 2- and 5-year fixes

Tesco Bank has reduced the rates on a selection of its 2 year and 5 year fixed rate remortgage products.

08 Mar 2017

Scottish Widows launches protection cover on LifeQuote

Protection

Scottish Widows launches protection cover on LifeQuote

Scottish Widows has launched its flexible life insurance products, Scottish Widows Protect, on LifeQuote, the specialist protection service for advisers.

08 Mar 2017

Tenet adds Central Trust to second charge panel

Tenet adds Central Trust to second charge panel

Tenet has added Central Trust to its direct to lender second charge panel, which was launched in November. Central Trust will join the initial five lenders Masthaven Secured Loans, Precise Mortgages, Paragon Personal Finance, Shawbrook Bank, and Step One Finance.

08 Mar 2017

Shawbrook Bank rejects £825m takeover offer

Shawbrook Bank rejects £825m takeover offer

Shawbrook Bank have rejected a £825m takeover offer, it revealed today in its end of year results.

07 Mar 2017

Residential and BTL rates cut at Aldermore

Residential and BTL rates cut at Aldermore

Aldermore has announced that it has reduced rates on its residential mortgage range by up to 0.5% and improved its offering for landlords who are purchasing or remortgaging single residential units, with 5 year fixed rate mortgages now from 2.98%.

07 Mar 2017

Professional body 'cautiously' welcomes housing white paper

Professional body 'cautiously' welcomes housing white paper

The new housing white paper has been acknowledged as a welcome statement of intent by the Society of Mortgage Professionals, who cautiously view it as an indication that the government are taking the current situation seriously.

07 Mar 2017

Magellan agrees distribution with Black Book Finance

Magellan agrees distribution with Black Book Finance

Magellan Homeloans, the specialist mortgage lender, has reached agreement to distribute its range of mortgage products via Black Book Finance.

07 Mar 2017

2 in 3 advisers believe Brexit & DB transfer rush will boost drawdown

2 in 3 advisers believe Brexit & DB transfer rush will boost drawdown

The Brexit process and growth in the final salary transfer market will be the key drivers in increased demand for guaranteed drawdown solutions over the next two years, new research from MetLife shows.

07 Mar 2017

Annual house price growth declines to 5.1%

Annual house price growth declines to 5.1%

The latest data from Halifax has revealed that house prices in the last three months were 1.7% higher than in the previous three months. This compared to the 2.3% quarterly rate of change in January, and was the lowest since November 2016.

07 Mar 2017

 

Landbay joins Brilliant Solutions panel

Landbay joins Brilliant Solutions panel

Mortgage packaging and distribution experts, Brilliant Solutions, has announced that it has partnered with the peer-to-peer mortgage lender, Landbay, in a move aiming to provide mortgage brokers and their professional landlord clients with access to specialist lending products.

07 Mar 2017

deVere Group announce investment banking licence

deVere Group announce investment banking licence

deVere Group has announced it has received an investment banking licence which will be fully operational within a matter of weeks.

07 Mar 2017

Kensington’s tips to streamline the self-employed mortgage application

Kensington’s tips to streamline the self-employed mortgage application

There has been a growing trend in Britain’s workforce over recent years, with scores of people deciding to start their own businesses.

06 Mar 2017

Over half unaware of saving measures introduced in last year's budget

Over half unaware of saving measures introduced in last year's budget

According to researchfrom insurer, Zurich, 54% of people don’t know what financial measures were introduced in last year’s Budget, yet 78% say it’s important that the Government introduces measures to encourage people to save.

06 Mar 2017

Short term fixes see highest SVR jump for 8 years

Short term fixes see highest SVR jump for 8 years

New data from Moneyfacts has highlighted that borrowers who opted for a cheap two-year fixed rate mortgage two years ago are more likely to remortgage from their Standard Variable Rate (SVR) to a new deal than those whose fixed deals ended in October 2014.

06 Mar 2017

Tesco Bank adds Mortgage Intelligence to broker panel

Tesco Bank adds Mortgage Intelligence to broker panel

Tesco Bank has announed that it has added a new mortgage intermediary to its broker panel. The lender announced that from today, customers can now access Tesco Bank’s mortgage products through the Mortgage Intelligence Network.

06 Mar 2017

New report claims that over 40s have no idea of the cost of retirement

New report claims that over 40s have no idea of the cost of retirement

The latest research from Saga Investment Services has revealed that despite the Government’s pension freedoms giving us more control over our money in retirement, 40% of people over 40 have no idea of the cost of even a basic lifestyle in retirement.

06 Mar 2017

Magellan Homeloans hires new Regional Sales Manager

Magellan Homeloans hires new Regional Sales Manager

Magellan Homeloans, the specialist mortgage lender, has appointed Pauline Hibbert as Regional Sales Manager with responsibility for the East Midlands.

06 Mar 2017

FTBs increasingly dependent on family to raise a deposit

FTBs increasingly dependent on family to raise a deposit

New research from Santander has revealed that there has been a four fold increase in the number of first-time-buyers who are relying on help from their grandparents to get on the property ladder in the last five years.

06 Mar 2017

2016 sees borrowers trend towards long-term fixed mortgages

2016 sees borrowers trend towards long-term fixed mortgages

Remortgage business increased each quarter last year, showing a shift in the type of mortgage borrower, according to Paragon Mortgages’ latest Financial Advisors Confidence Tracking Index report.

06 Mar 2017

Over half of women haven't started saving for retirement

Over half of women haven't started saving for retirement

Research conducted by YouGov on behalf of digital investment manager, Scalable Capital, in the UK and in Germany, has revealed that not having enough money to fund a comfortable retirement was the main financial concern for over two fifths (44%) of both men and women in the UK.

06 Mar 2017

79% rise in individuals breaching annual allowance limits - HMRC

79% rise in individuals breaching annual allowance limits - HMRC

A Freedom of Information request tabled by Royal London has found that the number of people reporting that they had breached the annual allowance limit for pension tax relief rose by 79% between 2012/13 and 2014/15, the latest year for which figures are available.

06 Mar 2017

Second steppers sitting on £100,000 equity windfall

Second steppers sitting on £100,000 equity windfall

Increased equity on first homes is helping to reduce the second home funding gap by over £100,000, according to research from Lloyds Bank.

04 Mar 2017

Atom Bank raises further £83m in equity capital

Atom Bank raises further £83m in equity capital

Atom Bank has agreed terms for a further £83m in equity from major shareholders, which will bring the total capital raised by Atom to £219m.

03 Mar 2017

In the Spotlight with Nigel Payne, TFC Homeloans

In the Spotlight with Nigel Payne, TFC Homeloans

We spoke to Nigel Payne, managing director of TFC Homeloans, about flat fees in the second charge market and his advice for brokers who are new to the sector.

03 Mar 2017

The smart money can be in equity release

The smart money can be in equity release

Equity release has evolved greatly over the last 10 years, and today's modern market is dominated by choice for consumers and increasing flexibility throughout the products on offer.

03 Mar 2017

Government plans to fund charities with dormant financial assets

Government plans to fund charities with dormant financial assets

The Association of British Insurers has today welcomed the independent Dormant Assets Commission’s recommendation to use unclaimed assets in the life and long term savings industry to fund charitable causes.

03 Mar 2017

Asset managers still failing FCA commission expectations

Asset managers still failing FCA commission expectations

The FCA says that investment management firms continue to fail to meet its expectations on their use of dealing commission.

03 Mar 2017

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