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VitalityLife launches two new protection products

VitalityLife launches two new protection products

VitalityLife has today announced two innovative new developments for the protection market: Wellness Optimiser and Vitality Nurse.

26 Jan 2017

CML: Gross mortgage lending at 8 year high

CML: Gross mortgage lending at 8 year high

New CML data has shown that gross mortgage lending reached £20.4bn in December 2016, 4% lower than the previous month (£21.2bn) but 4% higher than December 2015 (£19.7bn).

26 Jan 2017

December 2016 borrowing rose - but demand to soften in 2017

December 2016 borrowing rose - but demand to soften in 2017

December figures from the high street banks showed gross mortgage borrowing up 3.6% on the previous December, and yearly mortgage lending up 11.6% to £154bn compared to the figures from 2015.

26 Jan 2017

RBS sets aside further £3.1bn for mortgage mis-selling fines

RBS sets aside further £3.1bn for mortgage mis-selling fines

Royal Bank of Scotland set aside a further 3.1bn provision to cover fines relating to the issuance and underwriting of US residential mortgage-backed securities.

26 Jan 2017

Should employers be able to contribute to LISA?

Should employers be able to contribute to LISA?

True Potential believes that employers must be allowed to pay in to the Lifetime ISA so that employees who prefer the LISA don’t miss out on contributions.

25 Jan 2017

FAMR and ‘Location, Location, Location’

FAMR and ‘Location, Location, Location’

I’ve recently been reflecting on the lack of proposals in the Financial Advice Market Review to increase demand for financial advice. People who should be accessing the financial advice market are not doing so, creating an advice gap. To close this gap, FAMR has produced a number of initiatives including: redefining advice and guidance; encouraging the use of robots; and providing more information through a pension dashboard.

25 Jan 2017

Fleet Mortgages aims to lend £1bn in 2017

Fleet Mortgages aims to lend £1bn in 2017

Fleet Mortgages has recorded over half a billion pounds in lending and a £2m profit for 2016, its second full year of lending.

25 Jan 2017

Savers would choose better returns over extra FSCS protection

Savers would choose better returns over extra FSCS protection

Savers would rather get a better interest rate on their money than benefit from more FSCS protection, according to research from peer-to-peer lending platform RateSetter.

25 Jan 2017

Atom Bank launches 80% and 85% LTV mortgage rates

Atom Bank launches 80% and 85% LTV mortgage rates

Atom Bank has extended its digital mortgage proposition with the launch of 80% LTV and 85% LTV rates available from today.

25 Jan 2017

£1.56bn released under pension freedoms in Q4

£1.56bn released under pension freedoms in Q4

162,000 people released a total of £1.56 billion from their pension pots in Q4 under the pension freedoms, according to HMRC figures released today.

25 Jan 2017

 

TML launches first fee assisted remortgage range

TML launches first fee assisted remortgage range

The Mortgage Lender has launched its first fee assisted remortgage aimed at borrowers with 'complex finances'.

25 Jan 2017

IRESS launches annuity yield comparison index

IRESS launches annuity yield comparison index

IRESS has launched a new index which compares the relative performance of annuity yields against cash and equity yields over the last ten years, and also against a fair sustainable withdrawal rate.

25 Jan 2017

Accord expands low-LTV buy-to-let range

Accord expands low-LTV buy-to-let range

Accord Buy To Let has reduced rates on selected lower LTV mortgages by up to 0.20% and introduced new 65% LTV options.

25 Jan 2017

Santander mortgage lending drops by £1.2bn

Santander mortgage lending drops by £1.2bn

Santander's net mortgage lending fell from £2.7bn in 2015 to £1.5bn in 2016, the bank announced today.

25 Jan 2017

Scottish Friendly protection sales jump 54%

Scottish Friendly protection sales jump 54%

Scottish Friendly has announced record-breaking sales in 2016, reporting a 33% rise from £25.5m in 2015 to £33.9m.

25 Jan 2017

Barclays launches 2.99% ten-year fix for buy-to-let

Barclays launches 2.99% ten-year fix for buy-to-let

From tomorrow Barclays is launching its "best ever" buy-to-let fixed rates, which now start from 1.89% for a two-year fixed rate at 65% LTV.

24 Jan 2017

Remortgage market potential still underestimated: Barclays quarterly review

Remortgage market potential still underestimated: Barclays quarterly review

A quarter can prove to be a long time in political and financial circles. So I’m sure there were many who, after a challenging year to say the least, were hoping for a period of relatively calm and steady transition into the festive period. You’ll notice I didn’t say quiet as - in the current economic climate, and the remortgage market for that matter - quiet is hardly the correct term to reflect recent times.

24 Jan 2017

Yorkshire BS launches 1.16% two-year fix

Yorkshire BS launches 1.16% two-year fix

Yorkshire Building Society has announced a series of rate cuts across its mortgage rates at 65% and 85% LTV.

24 Jan 2017

New Street launches record low 1.59% BTL rate

New Street launches record low 1.59% BTL rate

New Street Mortgages has reduced buy-to-let rates by up to 0.52%, and is now offering a 65% LTV two-year discount product at 1.59% which it says is currently the lowest on the market.

24 Jan 2017

FSE Glasgow opens for registration

FSE Glasgow opens for registration

The third annual Financial Services Expo Glasgow is now open for registration.

24 Jan 2017

FCA issues warning on pension transfer advice

FCA issues warning on pension transfer advice

The FCA has issued an alert highlighting its rules surrounding advice on pension transfers, after finding that firms have been advising on pension transfers or switches without considering the assets in which their client’s funds will be invested.

24 Jan 2017

Residential transactions down 8.5% on 2015: HMRC

Residential transactions down 8.5% on 2015: HMRC

Residential transactions increased by 0.2% between November and December 2016, but remain 8.5% lower compared with December 2015, according to the latest figures from HMRC.

24 Jan 2017

Aldermore appoints CIO to enhance digital offering

Aldermore appoints CIO to enhance digital offering

Aldermore has announced the appointment of Rebecca Bunyan as Chief Information Officer.

24 Jan 2017

First-time buyer sales hit 15-year high: NAEA

First-time buyer sales hit 15-year high: NAEA

First-time buyer numbers soared to a 15-year high in December, making up almost a third of total sales, according to the latest Housing Market Report from the National Association of Estate Agents.

24 Jan 2017

ASTL rule change to eliminate back charging of interest

ASTL rule change to eliminate back charging of interest

ASTL members have voted to toughen up its Code of Conduct to avoid the back-dating of higher rates of interest to the inception of a loan, should a client go into default.

24 Jan 2017

Furness BS champions brokers in new campaign

Furness BS champions brokers in new campaign

Furness Building Society has today launched a new campaign championing mortgage brokers.

24 Jan 2017

Cost of regulation remains biggest challenge for advisers

Cost of regulation remains biggest challenge for advisers

The cost and uncertainty of regulation and compliance remains the biggest threat to the success of financial advice firms, according to a new survey.

24 Jan 2017

Source integration aims to help brokers rival comparison sites

Source integration aims to help brokers rival comparison sites

Source Insurance has launched a new range of exclusive integration options that it says will enable intermediaries to rival price comparison websites.

23 Jan 2017

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