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Government to offer incentive for older people to downsize

Government to offer incentive for older people to downsize

The Government is expected to use its housing white paper, released tomorrow, to make it easier for older people to downsize in a bid to free up larger properties for families.

06 Feb 2017

Majority of pensioner homeowners fail to claim benefits entitlement

Majority of pensioner homeowners fail to claim benefits entitlement

Six in 10 eligible pensioners are failing to claim their full State Benefit Entitlement, leading to hundreds – and in some cases, thousands – of pounds of lost income.

06 Feb 2017

Has the variable rate market stagnated?

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Has the variable rate market stagnated?

The average two-year variable tracker has stagnated at 1.98% for a third consecutive month, suggesting diminished competition in this sector, according to new Moneyfacts data.

06 Feb 2017

Advisers see surge in demand for cash account alternatives

Advisers see surge in demand for cash account alternatives

Advisers are seeing a surge in demand from clients who want low-risk investments that can generate higher returns than traditional cash-based accounts, according to new Prudential research.

06 Feb 2017

L&G extends partnership with Ipswich BS

L&G extends partnership with Ipswich BS

Legal & General Mortgage Club has today announced an extension of its partnership with Ipswich Building Society.

06 Feb 2017

Skipton cuts additional borrowing rates by up to 0.50%

Skipton cuts additional borrowing rates by up to 0.50%

Skipton Building Society has launched a new range of two, three and five year fixed-rate additional borrowing products for residential and buy-to-let.

06 Feb 2017

In the Spotlight with Steve Seal, Kent Reliance

In the Spotlight with Steve Seal, Kent Reliance

We spoke to Steve Seal, Head of Sales at Kent Reliance, about the new buy-to-let affordability rules, the supply and demand issue, and the future of the complex lending market.

03 Feb 2017

Government to launch £1,500 Pension Advice Allowance

Government to launch £1,500 Pension Advice Allowance

The government has confirmed that from April, savers will be able to withdraw up to £1,500 from their pension pots tax-free to pay for financial advice.

03 Feb 2017

Has the direction of Bank Rate become the 'dead donkey'?

Has the direction of Bank Rate become the 'dead donkey'?

Writing this on the first day of February, it feels like we might all need to take a sharp intake of breath and perhaps go and have a much-deserved lie-down in order to just absorb everything that has gone on over the past 31 days. If we thought 2016 was a roller-coaster ride then 2017 appears to have gone up a notch already and the news agenda is firmly focused on the twin behemoths of what President Trump does next and how Brexit is going to unfold.

03 Feb 2017

The time to mend the roof...

The time to mend the roof...

This year marks 10 years since Uinsure was first launched. And 10 years since the start of the credit crunch (how’s that for timing?). Yes, Uinsure first came to market early in 2007, just months before the run on Northern Rock which signalled the start of some of the most turbulent years in our industry’s history.

03 Feb 2017

 

deVere ceases pension transfer advice amid FCA review

deVere ceases pension transfer advice amid FCA review

deVere UK has voluntarily agreed to stop providing pension transfer reports after a meeting with the FCA.

03 Feb 2017

Santander increases interest only lending age to 70

Santander increases interest only lending age to 70

From Tuesday 7 February, Santander will be extending the maximum interest only mortgage lending age from 65 to 70.

03 Feb 2017

Coventry for intermediaries launches new Flexx for Term range

Coventry for intermediaries launches new Flexx for Term range

Coventry for intermediaries has reduced rates on selected residential and offset products and launched a new range of Flexx for Term mortgages at 65% LTV.

03 Feb 2017

Principality BS appoints new CEO

Principality BS appoints new CEO

Principality Building Society has announced the appointment of Steve Hughes as Chief Executive Officer.

03 Feb 2017

Mansfield BS launches Versatility specialist lending brand

Mansfield BS launches Versatility specialist lending brand

Mansfield Building Society has launched Versatility - a new brand given to its specialist lending range which aims to help brokers identify niche solutions more easily.

03 Feb 2017

Fleet appoints BDM for the North

Fleet appoints BDM for the North

Fleet Mortgages has announced the appointment of a new Business Development Manager covering the North of England.

03 Feb 2017

Mortgage affordability "improved significantly over past decade": Halifax

Mortgage affordability "improved significantly over past decade": Halifax

Mortgage affordability has improved significantly in almost all local authority districts since the pre-crisis peak of 2007, according to Halifax research.

03 Feb 2017

Equity release qualifications are a signal for future success

Equity release qualifications are a signal for future success

The last few years have been very successful for equity release. Annual lending in 2016 set a new milestone of £2 billion, which represents an increase of more than 100 per cent in just three years.

02 Feb 2017

Offset mortgages a "golden opportunity for intermediaries"

Offset mortgages a "golden opportunity for intermediaries"

94% of brokers believe a better range of tools from lenders could help them to dispel client misconceptions about offset mortgages.

02 Feb 2017

Paymentshield announces executive changes as CEO steps down

Paymentshield announces executive changes as CEO steps down

Towergate has made changes to the executive management of Paymentshield after CEO Steve Wood announced his departure.

02 Feb 2017

2017 growth outlook rises to 2% but no imminent rate hike: BoE

2017 growth outlook rises to 2% but no imminent rate hike: BoE

The Bank of England has further raised its 2017 growth forecasts from 1.4% to 2.0% in its latest inflation report.

02 Feb 2017

BoE holds bank rate at 0.25%

BoE holds bank rate at 0.25%

The Bank of England's Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.25% but is prepared to "respond, in either direction", to changes to the economic outlook to ensure a sustainable return of inflation to the 2% target.

02 Feb 2017

TML adds The Select Partnership to panel

TML adds The Select Partnership to panel

The Mortgage Lender added The Select Partnership to its list of distribution partners.

02 Feb 2017

Diversify or die: embracing the second charge market

Diversify or die: embracing the second charge market

A recent study by Together made for some very uncomfortable reading for those of us operating in the second charge sector.

02 Feb 2017

Second charge market sees surge in debt consolidation demand

Second charge market sees surge in debt consolidation demand

An increasing number of clients are taking out charge products to help with growing debt concerns.

02 Feb 2017

Pepper expands residential range with new 30-month fixes

Pepper expands residential range with new 30-month fixes

Pepper Homeloans has enhanced its entire range of residential mortgage products by cutting the majority of two-year fixed rates by up to 0.25% as well as launching new 30-month, three-year and five-year fixed rate deals to the range.

02 Feb 2017

Source implements GI changes ahead of FCA deadline

Source implements GI changes ahead of FCA deadline

New FCA rules coming into force from 1st April require all general insurance renewal invitations to contain messages to encourage the policyholder to shop around.

02 Feb 2017

Damian Cain rejoins board of directors at Complete FS

Damian Cain rejoins board of directors at Complete FS

Complete FS has appointed Damian Cain to the board of the company to manage broker relationships in addition to leading the continued development of the company's second charge proposition.

01 Feb 2017

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