Latest News

Property supply rebounds with 10.4% monthly rise

Property supply rebounds with 10.4% monthly rise

UK property supply jumped 10.4% after the summer lull, dispelling fears that homeowners would be "scared into a Brexit-induced selling paralysis", according to HouseSimple.

04 Oct 2016

Mortgage Intelligence adds Mansfield BS to panel

Mortgage Intelligence adds Mansfield BS to panel

Mansfield Building Society has been added to the Mortgage Intelligence panel of lenders.

04 Oct 2016

Virgin Money cuts residential and BTL rates by up to 0.60%

Virgin Money cuts residential and BTL rates by up to 0.60%

Virgin Money has announced a number of rate reductions on its residential and buy-to-let products.

04 Oct 2016

Young savers forfeiting employer contributions for Lifetime ISA

Young savers forfeiting employer contributions for Lifetime ISA

More than a third of younger employees would prefer to save into a Lifetime ISA than a pension, even if it means they would be giving up a potentially valuable contribution from their employer.

04 Oct 2016

One in eight self-employed borrowers rejected for mortgages

One in eight self-employed borrowers rejected for mortgages

12% of self-employed customers are still being rejected for mortgages, despite often earning more than in their previous full-time employed job, according to Nottingham Building Society research.

04 Oct 2016

Leeds BS cuts ten-year fix to 2.55%

Leeds BS cuts ten-year fix to 2.55%

Leeds Building Society has cut the rate on its 65% LTV ten-year fixed rate mortgage to 2.55%, as well as launching a new ten-year fix at 2.75% with tapered ERCs for the first five years and no ERCs for the remainder of the term.

03 Oct 2016

Yorkshire BS launches discounted SVR range

Yorkshire BS launches discounted SVR range

Yorkshire Building Society has launched two new discounted standard variable rate mortgages.

03 Oct 2016

Government announces £5bn housebuilding fund

Government announces £5bn housebuilding fund

Sajid Javid, Secretary of State for Communities and Local Government, has today announced a new package of measures to increase housebuilding, including a £3 billion Home Builders’ Fund and £2 billion of new investment for accelerated construction on public land.

03 Oct 2016

Accord removes mortgage application fees

Accord removes mortgage application fees

Accord Mortgages has removed its upfront mortgage application processing fee.

03 Oct 2016

Leeds increases maximum term for lending into retirement

Leeds increases maximum term for lending into retirement

Leeds Building Society is improving criteria for lending into retirement by increasing the maximum term from 25 years up to 40 where the customer is borrowing past their stated retirement age.

03 Oct 2016

 

Mifid call recording rules likely to be extended to all advice

Mifid call recording rules likely to be extended to all advice

The recent announcement that Mifid will require all investment advice that is provided over the phone to be recorded will be replicated elsewhere in financial advice, including mortgage, pension and protection, predicts LifeQuote.

03 Oct 2016

Royal London updates critical illness cover

Royal London updates critical illness cover

Royal London has announced a number of enhancements to its critical illness cover.

03 Oct 2016

The Mortgage Lender increases proc fees by £300

The Mortgage Lender increases proc fees by £300

The Mortgage Lender is increasing procuration fees by £300 for applications received from its distribution partners before the 31 December that subsequently complete.

03 Oct 2016

Former Tesco Bank head joins Vantage as sales director

Former Tesco Bank head joins Vantage as sales director

Vantage Finance has appointed Tesco Bank’s Jon Daniels as sales director.

03 Oct 2016

Majority say councils should refer care advice to IFAs

Majority say councils should refer care advice to IFAs

A growing number of over-45s believe it would be helpful for local councils to refer people seeking information and advice on how to pay for care to independent financial advisers.

03 Oct 2016

Tyrie welcomes end of Help to Buy

Tyrie welcomes end of Help to Buy

Andrew Tyrie MP, Chairman of the Treasury Committee, has welcomed the end of the Help to Buy: mortgage guarantee scheme, claiming that it "will not be missed".

03 Oct 2016

Brightstar launches high net worth division

Brightstar launches high net worth division

Brightstar Financial has announced the launch of Sirius Private Clients, a new division that will focus on financing for high net worth residential and commercial real estate transactions.

03 Oct 2016

In the Spotlight with David Copland, TMA Mortgage Club

In the Spotlight with David Copland, TMA Mortgage Club

We spoke to David Copland, Director of TMA Mortgage Club, about the rise in tracker mortgage popularity and a 'chronic shortage' of housing.

30 Sep 2016

DWP plans to scrap advice requirement for overseas pension transfers

DWP plans to scrap advice requirement for overseas pension transfers

The Government is considering whether to allow individuals to transfer their safeguarded benefits to an overseas pension scheme without regulated advice by an FCA-authorised adviser.

30 Sep 2016

Under 35s become the biggest pension savers

Under 35s become the biggest pension savers

New figures released today by HMRC reveal that under 35s now represent the largest group of personal pensions savers, making up 34% of all those who contribute.

30 Sep 2016

A great customer experience should be at the heart of your business

A great customer experience should be at the heart of your business

Over the years customers’ expectations with regards to customer service have evolved. From taking out a phone contract to buying a car, whatever we buy, we always expect a high level of customer service to meet our needs, especially if later down the line we face any complications.

30 Sep 2016

ONS: Q2 GDP growth revised up to 0.7%

ONS: Q2 GDP growth revised up to 0.7%

The economy grew more than expected in Q2, with ONS statistics showing that GDP increased by 0.7% compared with the previous quarter, revised up 0.1 percentage points from the second estimate of GDP published in August. This is the 14th consecutive quarter of positive growth since Q1 2013.

30 Sep 2016

Furness launches 80% LTV variable rate at 1.24%

Furness launches 80% LTV variable rate at 1.24%

Furness Building Society has launched a new discounted variable rate product with a pay rate of 1.24%.

30 Sep 2016

Aegon calls for FCA clarity on adviser remuneration options

Aegon calls for FCA clarity on adviser remuneration options

Following the Treasury consultation on redefining advice, Aegon is calling for the FCA to clarify how this affects remuneration options where advisers choose to offer paid-for guidance.

30 Sep 2016

Insurance Premium Tax raised to 10%

shutterstock_151145456.jpg

Insurance Premium Tax raised to 10%

The standard rate of Insurance Premium Tax, which applies to most general insurance policies purchased in the UK, is going up to 10% from tomorrow after being increased by the previous Chancellor George Osborne in the Budget earlier this year.

30 Sep 2016

Paradigm launches interest-only exclusives from Leeds BS

Paradigm launches interest-only exclusives from Leeds BS

Paradigm Mortgage Services has announced the launch of two new exclusive interest-only fixed-rate products from Leeds Building Society.

30 Sep 2016

Aldermore cuts five-year fixed BTL rates by up to 0.74%

Aldermore cuts five-year fixed BTL rates by up to 0.74%

Aldermore has launched a new range of limited edition buy-to-let products for private landlords looking to for loans up to £1 million.

30 Sep 2016

Together issues £375m bond to fund growth plans

Together issues £375m bond to fund growth plans

Together has closed a £375m bond issuance in a bid to increase its funding capacity and meet continued demand for products.

30 Sep 2016

Popular this week