Latest News

George Osborne takes adviser role at Blackrock

George Osborne takes adviser role at Blackrock

George Osborne has confirmed that he will join asset management firm BlackRock as an adviser.

20 Jan 2017

Help must come for the ‘credit crushed’ borrowers

Help must come for the ‘credit crushed’ borrowers

Last year, we had heard the case of an unfortunate borrower. Let’s call him John.

20 Jan 2017

Lenders kick off new year with key appointments: a round-up of hires

Lenders kick off new year with key appointments: a round-up of hires

Shawbrook, Aldermore, Kent Reliance and Uinsure have all bolstered their sales teams this week in a bid to increase support for intermediaries.

20 Jan 2017

In the Spotlight with Louisa Sedgwick, Vida Homeloans

In the Spotlight with Louisa Sedgwick, Vida Homeloans

We spoke to Louisa Sedgwick, Director of Sales - Mortgages at Vida Homeloans, about what's in store for the lender in 2017 and its focus on the intermediary market.

20 Jan 2017

15% using equity release to pay off mortgages or debt

15% using equity release to pay off mortgages or debt

Increasing numbers of customers who release equity from their homes are using the money to pay off mortgages and other debts, according to LV= data.

20 Jan 2017

HSBC to pay £4m redress over debt collection practices

HSBC to pay £4m redress over debt collection practices

The FCA has announced that HSBC has agreed to set up a redress scheme for customers who paid an unreasonable debt collection charge imposed by HFC Bank and John Lewis Financial Services, which are both now part of HSBC Bank.

20 Jan 2017

Bank of Ireland launches five-year fixed rates

Bank of Ireland launches five-year fixed rates

Bank of Ireland for Intermediaries has launched a new five-year fixed-rate range.

20 Jan 2017

British Friendly CEO Mark Myers joins Direct Life

British Friendly CEO Mark Myers joins Direct Life

Mark Myers, British Friendly’s outgoing CEO, has joined Direct Life as a non-exec director.

20 Jan 2017

Accord extends £1,000 offset cashback offer

Accord extends £1,000 offset cashback offer

Accord Mortgages has extended its offer to give £1,000 to borrowers taking out an offset mortgage.

20 Jan 2017

FCA predicts rise in litigation battles as firms reject fines

shutterstock_140867215.jpg

FCA predicts rise in litigation battles as firms reject fines

The FCA predicts that senior managers will be less likely to pay high fines to resolve cases now that the senior manager’s regime has been introduced, and is preparing for more contest and litigation.

20 Jan 2017

 

Number of homemovers falls for first time in five years

Number of homemovers falls for first time in five years

The number of people moving home has fallen for the first time in five years, according to Lloyds Bank research.

20 Jan 2017

Manchester tops city house price list as London falls to 7th place

Manchester tops city house price list as London falls to 7th place

Manchester has recorded the fastest rate of house price growth for almost 12 years as market conditions strengthen as demand runs ahead of supply, according to the latest Hometrack UK Cities House Price Index.

20 Jan 2017

Metro Bank expands business with 500 new roles

Metro Bank expands business with 500 new roles

Metro Bank has announced plans to create 500 new roles in 2017 to support its continued growth.

19 Jan 2017

TSB increases rates on three-year fixes

TSB increases rates on three-year fixes

TSB has today increased interest rates on selected three-year fixed rate mortgages for first-time buyers, home movers and remortgage borrowers.

19 Jan 2017

FCA's whistleblowing rules and proposals for banks challenged

FCA's whistleblowing rules and proposals for banks challenged

The PRA and FCA could offer more support to whistleblowers in UK based branches of overseas banks and the requirement for a whistleblowing policy should not be determined by a firm’s asset base, argues the Chartered Institute for Securities & Investment.

19 Jan 2017

Skipton cuts HTB and BTL rates by up to 0.44%

Skipton cuts HTB and BTL rates by up to 0.44%

From tomorrow, Skipton Building Society is cutting rates on selected buy-to-let and Help to Buy products.

19 Jan 2017

TMA to strengthen DA proposition in 2017

TMA to strengthen DA proposition in 2017

TMA mortgage club has vowed to strengthen its directly authorised proposition and further invest in resources to be able to expand the services currently provided to its members.

19 Jan 2017

Principality cuts residential fixed rates

Principality cuts residential fixed rates

Principality Building Society has cut rates on its two, three and five year fixed mortgages, with initial rates now starting from 1.75%.

19 Jan 2017

Housing sales to moderate over next three months: RICS

Housing sales to moderate over next three months: RICS

The number of house sales in the UK faltered in December, and predictions for expected new sales over the next three months were also pared back, according to the December 2016 UK Residential Market Survey.

19 Jan 2017

Homeowners release a third more equity in 2016

Homeowners release a third more equity in 2016

The amount of equity released by homeowners from their properties in 2016 was up almost a third (30%) on 2015, with an average loan size of almost £60,000 (£59,887), according to Responsible Equity Release data.

19 Jan 2017

New adviser platform to offer one hour mortgage approvals

New adviser platform to offer one hour mortgage approvals

A new technology platform for financial advisers is preparing to launch later this month and aims to reduce the mortgage process to as little as one hour.

19 Jan 2017

Remortgaging lending rises by 21% in 2016

Remortgaging lending rises by 21% in 2016

The total value of remortgage lending topped £65.7 billion in 2016, an increase of 21% year-on-year, according to LMS research.

19 Jan 2017

Brokers say quality customer outcomes biggest priority: L&G

Brokers say quality customer outcomes biggest priority: L&G

71% of brokers agreed that focusing on the quality of their customer outcomes was the most important aspect of their day to day role, while a further 44% stated that “improving customers’ understanding of products” was another one of their key priorities.

19 Jan 2017

Masthaven cuts bridging rates to 0.49%

shutterstock_124638133.jpg

Masthaven cuts bridging rates to 0.49%

Masthaven has cut the rates it offers on its first charge bridging products to its selected panel of premier partners.

18 Jan 2017

FCA bans IFA firm from regulated activity over SIPP transfers

FCA bans IFA firm from regulated activity over SIPP transfers

The FCA has ordered Bank House Investment Management Limited to "cease to carry on any regulated activity" over concerns surrounding its pension transfer advice.

18 Jan 2017

TSB to launch product transfer proposition in 2017

TSB to launch product transfer proposition in 2017

TSB Intermediary has announced plans to launch a product transfer proposition towards the end of the year to coincide with its first significant maturities.

18 Jan 2017

Equiniti acquires brokerage firm Gateway2Finance

Equiniti acquires brokerage firm Gateway2Finance

Specialist technology outsourcer Equiniti Group has completed the acquisitions of Gateway2finance and Marketing Source.

18 Jan 2017

Advisers urge FCA to adopt ‘polluter pays’ approach to FSCS funding

Advisers urge FCA to adopt ‘polluter pays’ approach to FSCS funding

The majority of financial advisers believe the ongoing FSCS funding review by the FCA will not go far enough, according to research by Panacea Adviser.

18 Jan 2017

Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

Register now

Latest Money Careers

Popular this week