Latest News

Yorkshire BS launches Help to Buy ISA at 2%

Yorkshire BS launches Help to Buy ISA at 2%

Yorkshire Building Society has today announced the launch of its Help to Buy ISA.

25 Oct 2016

85% of remortgagors lower rates in September

85% of remortgagors lower rates in September

In September, 85% of remortgagors were able to lower their mortgage rate as they continue to fall following the Brexit vote and the base rate drop, according to LMS.

25 Oct 2016

Accord offers £250 cashback on remortgages

Accord offers £250 cashback on remortgages

Accord Mortgages has launched cashback incentives on selected remortgage options for customers with 35% and 10% deposits.

24 Oct 2016

NatWest cuts fixed rates by up to 0.79%

NatWest cuts fixed rates by up to 0.79%

From tomorrow, NatWest Intermediary Solutions will be reducing rates on a large number of its two, three and five year fixed rate purchase mortgages and remortgages in its core intermediary range.

24 Oct 2016

Scottish Friendly appoints new CEO

Scottish Friendly appoints new CEO

Fiona McBain has decided to step down as Chief Executive of Scottish Friendly after 11 years and will be succeeded by current Deputy Chief Executive Jim Galbraith on 1 January 2017.

24 Oct 2016

Family BS launches equity release alternative for over-60s

Family BS launches equity release alternative for over-60s

The Family Building Society has launched a new mortgage for older homeowners which it says is "a real alternative to the default equity release solution".

24 Oct 2016

Treasury appoints new Director General of Financial Services

Treasury appoints new Director General of Financial Services

Katharine Braddick has been appointed to the role of Director General, Financial Services at HM Treasury.

24 Oct 2016

Leeds launches new buy-to-let rates from 2%

Leeds launches new buy-to-let rates from 2%

Leeds Building Society has launched a new range of fixed rate mortgages for the buy-to-let market.

24 Oct 2016

8% fewer intermediaries selling life and CI cover

8% fewer intermediaries selling life and CI cover

IFAs believe there is a growing threat of people not having life insurance and critical illness cover because fewer intermediaries are selling it.

24 Oct 2016

Lifetime mortgage myths are still holding us back

Lifetime mortgage myths are still holding us back

The recent renaissance of equity release is no surprise. Advisers, advice firms, lenders and industry commentators within the lifetime mortgage market have been quietly confident that the growth we have seen recently was sure to happen.

24 Oct 2016

 

Nationwide launches sign language service

Nationwide launches sign language service

Nationwide has partnered with SignVideo to enable British Sign Language users to take full advantage of the services that Nationwide has to offer.

24 Oct 2016

Key Retirement appoints deputy CEO

Key Retirement appoints deputy CEO

Key Retirement Group has promoted Simon Thompson to the newly-created position of deputy CEO as part of a growth drive as the equity release market continues to expand.

24 Oct 2016

Banks planning to leave UK post-Brexit, warns BBA

Banks planning to leave UK post-Brexit, warns BBA

Anthony Browne, chief executive of the British Bankers’ Association, has warned that banks are already planning to relocate from Britain as a result of the Brexit vote.

24 Oct 2016

In the Spotlight with Russell Gould, BlueZest

In the Spotlight with Russell Gould, BlueZest

We spoke to Russell Gould, CEO of BlueZest, about the firm's launch plans and product range, as well as the future of technology in the mortgage market.

21 Oct 2016

Simplybiz: FSCS funding is "grotesquely unjust"

Simplybiz: FSCS funding is "grotesquely unjust"

Ken Davy, Chairman of the Simplybiz Group, has written to the FCA over the "grotesquely unjust" manner through which the Financial Services Compensation Scheme is currently funded.

21 Oct 2016

The swings and roundabouts of the remortgage sector

The swings and roundabouts of the remortgage sector

If you were looking for a prime example of the swings and roundabouts that is the UK mortgage market, then you would perhaps have no better example than the remortgage sector. For any number of years this part of the market has not exactly been in the doldrums but certainly bouncing along the bottom with the occasional jump upwards, but for no concerted period of time.

21 Oct 2016

Together launches new five-year fix for buy-to-let

Together launches new five-year fix for buy-to-let

Together has introduced a new five-year fixed buy-to-let mortgage in response to growing demand.

21 Oct 2016

Tribunal upholds investment manager's FCA ban

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Tribunal upholds investment manager's FCA ban

The Tribunal has upheld an FCA decision to impose a partial ban on Tariq Carrimjee of Somerset Asset Management for compliance failings.

21 Oct 2016

Accord launches contractor mortgage proposition

Accord launches contractor mortgage proposition

Accord is piloting a new lending policy with specialist broker firms to make it easier for contractors and freelancers to apply for a mortgage.

21 Oct 2016

Annual property sales down 11.3%: HMRC

Annual property sales down 11.3%: HMRC

The number of residential property transactions decreased by 4.3% between August and September and by 11.3% compared with September 2015, according to the latest HMRC statistics.

21 Oct 2016

Mint Bridging appoints Head of Marketing in growth drive

Mint Bridging appoints Head of Marketing in growth drive

Mint Bridging has announced the appointment of Amparo Burgos as Head of Marketing.

21 Oct 2016

London house price growth hits 20-month low

London house price growth hits 20-month low

City level house price growth is holding steady at 8.5% per annum, up from 5.7% twelve months ago, but growth in London has slowed rapidly to its lowest level of quarterly growth for 20 months, according to the latest Hometrack data.

21 Oct 2016

Dudley launches record low five-year fix with 3mc

Dudley launches record low five-year fix with 3mc

3mc has partnered with Dudley Building Society to launch an exclusive five-year fixed rate residential mortgage.

21 Oct 2016

Peer-to-peer lending grows by £700m in Q3

Peer-to-peer lending grows by £700m in Q3

Investors lending through peer-to-peer platforms have lent cumulatively almost £6.5 billion, according to data from the P2PFA.

20 Oct 2016

Ingard adds Funding 365 to panel

Ingard adds Funding 365 to panel

Funding 365 has been added to Ingard's panel, providing its appointed representatives and directly authorised brokers access to their short-term loan products for buy-to-let, commercial and development properties.

20 Oct 2016

New P2P lender launches in UK

New P2P lender launches in UK

Canadian company Katipult has launched its peer-to-peer lending software in the UK.

20 Oct 2016

Government launches new pension regulations for master trusts

Government launches new pension regulations for master trusts

The new Pension Schemes Bill has been published today by the government, delivering new pension regulations for master trusts and strengthen existing legislation on exit charges.

20 Oct 2016

New guidance body must highlight "inherent disadvantages" of freedoms: deVere

New guidance body must highlight "inherent disadvantages" of freedoms: deVere

The government’s new financial guidance service "must warn the public more explicitly about the inherent disadvantages of the government’s pension freedoms", according to Nigel Green, founder and chief executive of deVere Group.

20 Oct 2016

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