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Annual house price growth rises to 6.5%: Halifax

Annual house price growth rises to 6.5%: Halifax

House prices in the last three months of 2016 were 2.5% higher than the previous quarter - up from the 0.9% quarterly rate of change in November and the highest seen since March, according to the latest Halifax house price index.

09 Jan 2017

Santander for Intermediaries to pay 0.2% proc fee

Santander for Intermediaries to pay 0.2% proc fee

Santander for Intermediaries has announced plans to pay mortgage brokers a procuration fee of 0.2% on retention business.

06 Jan 2017

Challenger bank boosts lending team ahead of predicted post-Brexit surge

Challenger bank boosts lending team ahead of predicted post-Brexit surge

Challenger bank OakNorth has announced the appointment of several new team members at its London office in preparation for a continued surge in demand for its lending services post-Brexit.

06 Jan 2017

A day in the life of your client

A day in the life of your client

I was on the train yesterday, passing the time doing emails, listening to music, swapping a few messages on WhatsApp, and bagging a few bargains in the January sales – all using various apps on my phone. The conductor passed through and asked to see tickets – mine was of course on my phone!

06 Jan 2017

Debt worries thwarting traditional retirement plans

Debt worries thwarting traditional retirement plans

Over a fifth of retirees are using the 25% tax-free portion of their pension pot towards debt repayments rather than investing in traditional retirement plans, according to online investment site True Potential Investor.

06 Jan 2017

Nucleus: include advice as non-charge withdrawal in LISA

Nucleus: include advice as non-charge withdrawal in LISA

With the HMRC’s consultation on the Lifetime ISA closing to responses today, Nucleus is calling for the inclusion of adviser charging as a non-charge withdrawal and a lower withdrawal charge of 20%.

06 Jan 2017

British Friendly pays 96% of IP claims in 2016

British Friendly pays 96% of IP claims in 2016

British Friendly paid 96.13% of Income Protection claims in 2016 according to its data, with over half of all claims (52%) authorised in one day or less.

06 Jan 2017

Key Retirement appoints CFO

Key Retirement appoints CFO

Key Retirement Group has appointed Rob Scott as CFO to further strengthen the executive team as it prepares for further expansion.

06 Jan 2017

Accord offers £1,000 cashback on extended offset range

Accord offers £1,000 cashback on extended offset range

Accord Mortgages has extended its range of offset mortgages for both house purchase and remortgage customers, including a choice home loans with no up-front fees.

06 Jan 2017

Prime London to see no price growth until 2019: Savills

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Prime London to see no price growth until 2019: Savills

Higher taxes and political and economic uncertainty continued to suppress prime London residential values throughout 2016, with prices now 12.5% lower than their December 2014 peak, according to Savills data.

06 Jan 2017

 

Jeff Knight joins Foundation Home Loans

Jeff Knight joins Foundation Home Loans

Foundation Home Loans has appointed Jeff Knight to the newly created role of Director of Marketing.

06 Jan 2017

Scottish Widows launches its lowest ever remortgage rates

Scottish Widows launches its lowest ever remortgage rates

Scottish Widows Bank has launched a new range of remortgage products which it says offer some of its lowest ever rates.

05 Jan 2017

Article 50 countdown sparks surge in overseas pension transfers

Article 50 countdown sparks surge in overseas pension transfers

The imminent triggering of Article 50 is helping to drive the current rush to transfer UK final salary pensions into overseas schemes, according to deVere Group, which has seen enquiries rise by 21% since the beginning of December.

05 Jan 2017

Goldsmith Williams to launch new case management tool

Goldsmith Williams to launch new case management tool

Goldsmith Williams Solicitors has announced plans to launch a redeveloped version of online case management tool GWlive in early 2017.

05 Jan 2017

Persimmon reports increased housing demand since Brexit vote

Persimmon reports increased housing demand since Brexit vote

Housebuilder Persimmon has reported a rise in revenues and average selling prices which it attributes to increased demand since the Brexit vote.

05 Jan 2017

Equifax launches real-time mortgage affordability platform

Equifax launches real-time mortgage affordability platform

Equifax has partnered with financial capability company Castlight to launch a real-time affordability platform to support brokers and their clients with mortgage applications.

05 Jan 2017

Equity Release Club and Later Life Academy set for expansion

Equity Release Club and Later Life Academy set for expansion

Answers in Retirement Ltd, the Group of companies covering a range of retirement and later life services, has today announced expansion plans for its brands following the buy-back of 25% of the business which returns it fully into privately-owned hands.

05 Jan 2017

Government releases £7bn for affordable homes

Government releases £7bn for affordable homes

Communities Secretary Sajid Javid has announced that the government has unlocked £7 billion in what he describes as a "dramatic expansion of the government’s affordable housing programme".

05 Jan 2017

Limited company applications total 69% in Q4

Limited company applications total 69% in Q4

Limited company applications accounted for 69% of total purchase applications in Q4 2016 – 6% higher than in Q3, according to Mortgages for Business data.

05 Jan 2017

Generational wealth gap sparking rising inequality among millennials

Generational wealth gap sparking rising inequality among millennials

Rising inheritances will deliver the biggest benefit for those already well off, sparking rising inequality and a social mobility divide amongst younger generations, according to the IFS.

05 Jan 2017

Most vulnerable pensioners unprotected by triple lock, warns Altmann

Most vulnerable pensioners unprotected by triple lock, warns Altmann

Triple lock has kicked in for 2017/18 as earnings and prices rose by less than 2.5%, but pensioners deserve "proper protection, not just political gimmicks", warns former pensions minister Ros Altmann.

04 Jan 2017

Former Santander Director joins Signature Private Finance

Former Santander Director joins Signature Private Finance

Signature Private Finance has appointed former Santander Director of Business Banking, Gary Playle, as its new Business Development Manager to support brokers in London and the South.

04 Jan 2017

YBS Group pledges to continue 95% LTV lending

YBS Group pledges to continue 95% LTV lending

The Yorkshire Building Society Group, including its intermediary-arm Accord Mortgages, increased its 95% LTV lending by more than 50% in 2016 compared to 2015, and has pledged to remain in this market as part of its ongoing support of first-time buyers.

04 Jan 2017

Landbay launches professional BTL range

Landbay launches professional BTL range

Landbay has launched a new range of products aimed at professional landlords in response to "a more complex lending environment in 2017".

04 Jan 2017

Shared ownership still unaffordable for London first-time buyers

Shared ownership still unaffordable for London first-time buyers

Most under 30s are unable to afford even the minimum share of a studio or one-bedroom shared ownership property within a 20-mile radius of London, according to Which? data.

04 Jan 2017

Inflation predicted to reach up to 5% in 2017

Inflation predicted to reach up to 5% in 2017

Economic recovery and interest rate and commodity price rises will spur wage-push inflation of up to 5% in the US and the UK, according to international asset management firm Managing Partners Group.

04 Jan 2017

Just 8% of savers confident they're on the best rate

Just 8% of savers confident they're on the best rate

5.7m Brits plan to switch savings account in 2017, as only 8% are sure they’re on best rate, according to new research from Masthaven.

04 Jan 2017

Remortgage approvals soar to eight-year high: BoE

Remortgage approvals soar to eight-year high: BoE

The number of approvals for remortgaging was 45,683 in November - the highest figure seen since October 2008, according to the latest Bank of England Money and Credit figures.

04 Jan 2017

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