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ONS: South East leads the way for house price rises

ONS: South East leads the way for house price rises

The latest figures to be released from The Office for National Statistics have shown that UK house prices increased by 7.6% in the year to February 2016, down from 7.9% in the year to January 2016.

12 Apr 2016

Retirement advisers fear SIPP providers will fall short

Retirement advisers fear SIPP providers will fall short

More than two out of five retirement advisers are concerned that a SIPP provider they use won't be able to meet September's capital adequacy requirements, new research from Momentum Pensions, international pension specialist and independent pension trustee, shows.

12 Apr 2016

SortRefer adds new conveyancers to panel

SortRefer adds new conveyancers to panel

Online conveyancing portal SortRefer has announced the expansion of its select conveyancing panel to improve choice and maintain service standards in the wake of increasing levels of new business.

12 Apr 2016

Inflation rises to 0.5%: ONS

Inflation rises to 0.5%: ONS

UK inflation as measured by the Consumer Prices Index rose to 0.5% in March, according to the Office for National Statistics.

12 Apr 2016

Wonga to borrow £25m in revival attempt

Wonga to borrow £25m in revival attempt

Wonga is taking on nearly £25m of new debt to fund new loans and provide additional working capital.

11 Apr 2016

Countrywide acquires mortgage advice firm

Countrywide acquires mortgage advice firm

Countrywide is enhancing its focus on the residential development mortgage market with the acqusition of Mortgage Bureau.

11 Apr 2016

Search Acumen to offer new legal indemnity tool

Search Acumen to offer new legal indemnity tool

Search Acumen will offer its clients access to My Legal Indemnity Shop - a new tool which allows conveyancers to source quotes and combine policies for legal indemnity insurance.

11 Apr 2016

Govt: firms to be liable for employee tax evasion

Govt: firms to be liable for employee tax evasion

For the first time, companies will be held criminally liable if they fail to stop their employees from facilitating tax evasion.

11 Apr 2016

New Street completes first 5-day application

New Street completes first 5-day application

New Street Mortgages has issued a mortgage offer within 5 business days for the first time since launching in February.

11 Apr 2016

Kensington returns to distribution with Brightstar

Kensington returns to distribution with Brightstar

Brightstar Financial has become the first specialist distributor to add Kensington to its lending panel.

11 Apr 2016

 

Aegon to sell £6bn annuity portfolio

Aegon to sell £6bn annuity portfolio

Rothesay Life has entered into an agreement to purchase a £6bn annuity portfolio from Aegon in one of the largest transactions of its type in the UK.

11 Apr 2016

Sam Woods to replace Bailey as BoE Deputy Governor

Sam Woods to replace Bailey as BoE Deputy Governor

HM Treasury has today announced its decision to appoint Sam Woods as Deputy Governor for Prudential Regulation and Chief Executive of the PRA.

08 Apr 2016

In the Spotlight with Jeff Davidson, Fluent Money

In the Spotlight with Jeff Davidson, Fluent Money

We spoke to Jeff Davidson, Head of Business Development at Fluent Money, about the future of the second charge market and the challenges posed by regulation.

08 Apr 2016

The growing pains of the UK's challenger banks

The growing pains of the UK's challenger banks

The UK's big banks have had a tough start to the year, with fears relating to global economic slowdown, the impact of the huge fines imposed by the FCA and the threat of more big regulatory changes all taking their toll.

08 Apr 2016

Aegon calls for blanket early state pension access

Aegon calls for blanket early state pension access

Aegon believes that all individuals should have the choice of taking their state pension from their early 60s at a reduced level.

08 Apr 2016

Flood Re: a good first step

Flood Re: a good first step

After much discussion and delays Flood Re finally confirmed it will go live on April 4th now that it has been authorised by the Prudential Regulation Authority and the Financial Conduct Authority.

08 Apr 2016

80% of advisers unsatisfied with pension innovation

80% of advisers unsatisfied with pension innovation

Just one in five advisers are satisfied with the current range of retirement income and saving solutions, according to MetLife.

08 Apr 2016

FTB surge boosts housing market growth

FTB surge boosts housing market growth

A surge in first-time buyer activity has led to increased growth in the property market in March, according to Connells Survey & Valuation.

08 Apr 2016

Kensington raises max loan size for FTB and BTL

Kensington raises max loan size for FTB and BTL

Kensington Mortgages has today increased the maximum loan limits for First Time Buyers and Buy to Let mortgages.

08 Apr 2016

PRA fines bank £1.4m for 'significant' regulatory failings

PRA fines bank £1.4m for 'significant' regulatory failings

The PRA has fined QIB £1,384,950 for "significant failings in assessing, maintaining and reporting to the regulator on its financial resources".

08 Apr 2016

Uinsure expands BDM team

Uinsure expands BDM team

Uinsure has appointed former Paymentshield Regional Sales Manager Helen Linnen as BDM for the South West and Wales.

08 Apr 2016

Skipton calls for end to tax on all savings accounts

Skipton calls for end to tax on all savings accounts

Many savers don't understand the rules associated with the new PSA and existing types of savings accounts, according to Skipton Building Society.

08 Apr 2016

CML members vote in favour of trade body merger

CML members vote in favour of trade body merger

Members of the Council of Mortgage Lenders have voted in favour of a new trade association for financial services firms; incorporating the CML, the British Bankers' Association, Payments UK, and the UK Cards Association.

07 Apr 2016

HSBC widens intermediary offering with new partnerships

HSBC widens intermediary offering with new partnerships

HSBC has widened the availability of its mortgages through three new brokers - Springtide Capital, Alexander Hall and SPF Private Clients.

07 Apr 2016

P2P leader hits back at Adair Turner in open memo

P2P leader hits back at Adair Turner in open memo

Bruce Davis, cofounder of P2P finance platforms Zopa and Abundance, has written an open memo to Adair Turner about why the IFISA is such an important step in both stimulating real competition in the finance sector and de-risking investment in the UK economy.

07 Apr 2016

FCA relaxes affordability for hybrid lifetime mortgages

FCA relaxes affordability for hybrid lifetime mortgages

The FCA has announced that it will allow lifetime mortgage lenders to skip affordability assessments for interest-charging lifetime mortgages that can convert to roll-up mortgages.

07 Apr 2016

Webb: early access to women's state pension 'not a solution'

Webb: early access to women's state pension 'not a solution'

Responding to the DWP Select Committee's call for views on allowing certain women to draw their state pension early, Royal London has raised concerns that this would be of "little or no benefit" to the women most affected by rising state pension ages, whilst adding "considerable complexity" to the system.

07 Apr 2016

New mortgage and protection network launches

New mortgage and protection network launches

Former Appointed Representative of Legal & General Network, The Finance Planning Group, has launched as a Directly Authorised network.

07 Apr 2016

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