Latest News

Mortgage Brain enhances intermediary support with new hires

Mortgage Brain enhances intermediary support with new hires

Mortgage Brain has expanded its Operating Board with two new appointments.

17 May 2016

Is robo-advice the key to building future client books?

Is robo-advice the key to building future client books?

Advisory firms need to do more to explore robo-advice opportunities to help incubate the clients of the future, according to Nucleus.

17 May 2016

CMA supports challengers with retail banking overhaul

CMA supports challengers with retail banking overhaul

The CMA has today proposed a wide-ranging package of proposals to tackle competition issues across banking services.

17 May 2016

Lloyds expands national account team

Lloyds expands national account team

Lloyds Banking Group has appointed four new national account managers.

16 May 2016

HSBC to axe 840 IT roles

HSBC to axe 840 IT roles

HSBC will relocate 840 IT jobs to India, China and Poland as part of a wider plan to cut 8,000 UK roles.

16 May 2016

FCA paper brings uncertainty to a fragile market

FCA paper brings uncertainty to a fragile market

AMI says it is disappointed that "the sector is not to be left alone" after the FCA published feedback on Competition in the Mortgage Sector today.

16 May 2016

Barclays cuts low LTV fixes

Barclays cuts low LTV fixes

Barclays is cutting mortgage rates across its two and five year fixed low LTV range, as well as introducing a new Rate Switch range to allow existing Barclays mortgage customers to benefit from lower exclusive rates.

16 May 2016

CBI: GDP to slow amid "dark cloud of uncertainty"

CBI: GDP to slow amid "dark cloud of uncertainty"

The UK will see GDP growth of 2.0% in both 2016 and 2017 according to CBI estimates - a downgrade from 2.3% and 2.1% in its February forecast.

16 May 2016

FHL raises rental calculation to 145%

FHL raises rental calculation to 145%

Foundation Home Loans says it has "heeded the regulator's calls on affordability and stress testing" and is changing the basis of its rental calculation for individual applications from 125% to 145% next month. Limited Company BTL products remain unchanged at 125%.

16 May 2016

Tesco Bank extends broker distribution

Tesco Bank extends broker distribution

From today, customers can access Tesco's mortgage range through First Mortgage Direct, Alexander Hall, Savills Private Finance and Springtide Capital mortgage brokers, as well as London and Country mortgage brokers which was announced last month.

16 May 2016

 

MPs urge govt to address 'unstable' master trusts

MPs urge govt to address 'unstable' master trusts

Pressure is mounting on the Government to announce a Pensions Bill in the Queen's Speech on Wednesday.

16 May 2016

FCA: mortgage panels pose risk to competition

FCA: mortgage panels pose risk to competition

More needs to be done to improve consumers' ability to make informed choices about mortgage deals, according to a new FCA report.

16 May 2016

Equifinance to launch in Scotland

Equifinance to launch in Scotland

Equifinance, the specialist second charge lender, is extending its product range into Scotland.

16 May 2016

Alpha Bridging rebrands ahead of P2P platform launch

Alpha Bridging rebrands ahead of P2P platform launch

Alpha Bridging is rebranding as Kuflink Bridging as it launches its new peer to peer platform.

16 May 2016

Pensions Dashboard timeline branded 'unacceptable'

Pensions Dashboard timeline branded 'unacceptable'

British savers will be left in the 'slow lane' unless the Government takes a more active role in ensuring the successful delivery of a Pensions Dashboard, according to Royal London.

16 May 2016

What's the big deal? Legal implications of Limited Company property purchase

What's the big deal? Legal implications of Limited Company property purchase

Although the examination of title acting for a Limited Company is the same as when acting for a private individual, there are a number of differences and added complexities which quite often result in solicitors charging more for Limited Companies.

13 May 2016

In the Spotlight with Angie Taylor, Dudley Building Society

In the Spotlight with Angie Taylor, Dudley Building Society

We spoke to Angie Taylor, BDM at Dudley Building Society, about 'mortgage misfits', lending into retirement, and how to keep up with the volume and complexity of regulatory change.

13 May 2016

Second charge: 'ignorance is bliss' vs 'knowledge is power'

Second charge: 'ignorance is bliss' vs 'knowledge is power'

Over the past year or so, particularly in the lead up to the introduction of the Mortgage Credit Directive, I have met many advisers and talked with them about the second-charge market and especially about how the sector would potentially change.

13 May 2016

Accord loosens affordability criteria

Accord loosens affordability criteria

Accord has modified its affordability criteria in a bid to make it easier for brokers to position a case and increase the chances of an application being accepted.

13 May 2016

Former Towry adviser banned for insider dealing

Former Towry adviser banned for insider dealing

The FCA has fined a financial adviser £36,285 and banned him for at least two years for engaging in market abuse.

13 May 2016

MAB expands in Scotland with new partnership

MAB expands in Scotland with new partnership

Mortgage Advice Bureau has partnered with Scottish broker Clear Mortgage Solutions as part of its growth strategy in the region.

13 May 2016

L&G adopts Twenty7Tec's second charge sourcing solution

L&G adopts Twenty7Tec's second charge sourcing solution

Legal & General Mortgage Club has announced a partnership with technology firm Twenty7Tec to provide brokers with a second charge sourcing solution.

13 May 2016

Virgin Money launches intermediary exclusive BTL rates

Virgin Money launches intermediary exclusive BTL rates

Virgin Money has cut rates across its residential and buy-to-let ranges, and launched new intermediary exclusives.

13 May 2016

Ex-Deutsche Bank MD given record sentence for insider dealing

shutterstock_140867215.jpg

Ex-Deutsche Bank MD given record sentence for insider dealing

In a case brought by the FCA, Martyn Dodgson, a senior investment banker, and Andrew Hind, a Chartered Accountant, have been sentenced at Southwark Crown Court to 4.5 years and 3.5 years imprisonment, respectively. Dodgson's sentence is the longest ever handed down for insider dealing in a case brought by the FCA.

13 May 2016

MPs find 'substantial and continuing' mis-selling risks

MPs find 'substantial and continuing' mis-selling risks

The Committee of Public Accounts has warned that there are "substantial and continuing risks that financial services will be mis-sold" and believes that too little has been done to tackle the cultural problems behind mis-selling.

13 May 2016

'Economic uncertainty' behind 19% drop in approvals

'Economic uncertainty' behind 19% drop in approvals

House purchase approvals in April totalled 57,512, down 19.4% from the 71,357 loans granted the previous month, according to e.surv.

13 May 2016

Connect for Intermediaries partners with Kensington

Connect for Intermediaries partners with Kensington

Connect for Intermediaries has become the latest specialist distributor to partner with Kensington.

13 May 2016

SimplyBiz launches Hinckley & Rugby exclusive

SimplyBiz launches Hinckley & Rugby exclusive

SimplyBiz Mortgages has launched a 90% LTV three-year fixed rate exclusive through Hinckley & Rugby.

13 May 2016

Latest Money Careers

Popular this week

Buy-to-Let Roadshow
April 2017

18th-21st April

4 days
7 specialists
4 locations
Free to attend

Click here to register now