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FCA to 'shy away' from fund manager fee cap

FCA to 'shy away' from fund manager fee cap

The FCA will not cap fund manager fees as part of its review into competition in the asset management industry, according to reports.

12 Sep 2016

PMS partners with The Mortgage Lender

PMS partners with The Mortgage Lender

PMS Mortgage Club has become the latest distributor to partner with The Mortgage Lender, which launched its specialist range of products in July.

12 Sep 2016

Leeds increases interest only LTV to 60%

Leeds increases interest only LTV to 60%

Leeds Building Society has increased its maximum LTV from 50% to 60% on all interest only mortgages, including its part and part range which allows borrowers to combine interest only and capital and repayment.

12 Sep 2016

Deputy Governor Minouche Shafik to leave Bank of England

Deputy Governor Minouche Shafik to leave Bank of England

Minouche Shafik, Deputy Governor for Markets and Banking, will leave the Bank at the end of February 2017 to become the Director of the London School of Economics.

12 Sep 2016

'10 minute' digital mortgage adviser launches

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'10 minute' digital mortgage adviser launches

UK tech startup, Habito, has launched an artificially intelligent Digital Mortgage Adviser, which aims to estimate monthly mortgage costs across hundreds of products in 10 minutes.

12 Sep 2016

Selectapension launches adviser-focused robo proposition

Selectapension launches adviser-focused robo proposition

Selectapension has announced the launch of its robo proposition, Pension Monster, which is designed to complement the advice process.

12 Sep 2016

First tenants buy homes under Right to Buy scheme

First tenants buy homes under Right to Buy scheme

The first housing association tenants have become homeowners under the new Voluntary Right to Buy scheme.

12 Sep 2016

Providers to launch Pensions Dashboard pilot in spring 2017

Providers to launch Pensions Dashboard pilot in spring 2017

11 pension providers will join forces to build a Pensions Dashboard prototype by March 2017.

12 Sep 2016

In the Spotlight with Steve Webb, Royal London

In the Spotlight with Steve Webb, Royal London

We spoke to Steve Webb, former Pensions Minister and current Director of Policy at Royal London, about the impact of Brexit on the Triple Lock and the pros and cons of the Lifetime ISA.

09 Sep 2016

Buy-to-let mortgage costs fall 8%

Buy-to-let mortgage costs fall 8%

Mortgage rates are continuing to fall, with the cost of buy-to-let deals falling by as much as 8% over the past six months.

09 Sep 2016

 

Enness Private Clients launches bridging arm

Enness Private Clients launches bridging arm

Enness Private Clients has launched a new bridging service, Enness Bridging Finance, which will offer ‘complete market access’ to brokers.

09 Sep 2016

Help to Buy ISA: the best savings account first-timers are ever going to get

Help to Buy ISA: the best savings account first-timers are ever going to get

With every week that passes there appears to be another ‘revelation’ about the Help to Buy ISA questioning at what point the Government bonus will be paid, what type of ownership it can be utilised for, and whether it is a scheme which is all it’s cracked up to be. I have to admit that part of me looks on at this with something akin to bemusement – after all, where else but in the highly technical world of the UK housing market would we be complaining about a scheme which effectively provides first-time buyers with a large bonus just for saving their money?

09 Sep 2016

Homemovers unphased by Brexit and Bank Rate

Homemovers unphased by Brexit and Bank Rate

83% of those thinking about moving home said that the Brexit vote had made no difference to how they felt, and that it had not affected their plans to move house or the timeframe over which they were planning to do so.

09 Sep 2016

Age Partnership lending up 35% as equity release market grows

Retirement

Age Partnership lending up 35% as equity release market grows

Age Partnership has reported year-on-year business growth of 35%, advising on 28% of all equity release sales completed across the UK in the first half of 2016.

09 Sep 2016

FCA and PRA to introduce transitional rules for insurance fees

FCA and PRA to introduce transitional rules for insurance fees

The Prudential Regulation Authority has set out proposals for a one year transitional arrangement for insurance firms’ PRA fees and FSCS levies for the 2017/18 fees year.

09 Sep 2016

Give your clients one less thing to worry about in Freshers' Week

Give your clients one less thing to worry about in Freshers' Week

So, your clients are over the hurdle and think they’ve passed the finish line. They’ve guided their kids through the process of applying for uni, managed to keep calm under the stress of the exam period and endured the tense, nail-biting wait in the run up to results day.

09 Sep 2016

Buy-to-let market sees post-Referendum surge

Buy-to-let market sees post-Referendum surge

Buy-to-let activity surged 12.7% in August, according to research from Connells Survey and Valuation.

09 Sep 2016

TMW launches its lowest ever BTL rate at 1.79%

TMW launches its lowest ever BTL rate at 1.79%

The Mortgage Works, the specialist buy-to-let arm of Nationwide, has cut its two-year fixed rate mortgage at 65% LTV to 1.79% - the lowest headline rate that TMW has ever offered.

08 Sep 2016

Barclays launches 2.49% ten-year fix

Barclays launches 2.49% ten-year fix

From tomorrow, Barclays is reducing its ten-year fixed rates at 60% and 80% LTV by 30bps to 2.49% and 2.69%.

08 Sep 2016

Positive doubles second charge business since flat fee launch

Positive doubles second charge business since flat fee launch

Positive Lending has reported doubled second charge mortgage completions since the launch of its new fee structure earlier in the year.

08 Sep 2016

TFC hires Charlotte Rutter as head of marketing

TFC hires Charlotte Rutter as head of marketing

Specialist distributor TFC Homeloans has recruited Charlotte Rutter as head of marketing.

08 Sep 2016

New Street announces full launch following pilot phase

New Street announces full launch following pilot phase

New Street Mortgages has announced the completion of its buy-to-let pilot phase, with plans to roll out a streamlined range of products to all distribution partners in the coming weeks.

08 Sep 2016

Aldermore cuts Help to Buy rates by over 1%

Aldermore cuts Help to Buy rates by over 1%

Aldermore is reducing rates on its Help to Buy: mortgage guarantee offering by over 1%, replacing its existing two-year fixed rate products with a standard, non-tiered offer.

08 Sep 2016

Pension transfers rise 11% in Q2

Pension transfers rise 11% in Q2

Transfers across all pension products saw a quarterly rise of 11.0% (£407.5 million) in Q2, with total pension investments at a new record high, according to data from Equifax Touchstone.

08 Sep 2016

Bankhall and PMS launch DA compliance support service

Bankhall and PMS launch DA compliance support service

Bankhall has announced the launch of Mortgage & Protection Assist, a new compliance support service developed in partnership with PMS Mortgage Club for firms who are directly authorised by the FCA.

08 Sep 2016

British Friendly CEO steps down

British Friendly CEO steps down

British Friendly CEO Mark Myers is standing down in 2017 after nearly seven years in the role.

08 Sep 2016

RICS: house price inflation regains momentum

RICS: house price inflation regains momentum

Confidence is gradually returning to the housing market following a significant drop immediately after the EU referendum, according to the latest RICS Residential Market Survey.

08 Sep 2016

Rule changes spark lifetime mortgage revamp at more 2 life

Rule changes spark lifetime mortgage revamp at more 2 life

more 2 life has temporarily removed its Interest Choice Plan from the market so it can be redesigned in light of FCA rule changes on lifetime mortgages.

08 Sep 2016

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