Latest News

Sainsbury's Bank to launch mortgage range in 2017

Sainsbury's Bank to launch mortgage range in 2017

Sainsbury's has confirmed that it will launch new mortgage products in 2017.

04 May 2016

eValue launches robo-advice platform

eValue launches robo-advice platform

Risk and financial planning software supplier, eValue, has launched a bespoke robo-advice platform which will offer providers support in areas including investment, protection, pre-, at- and post- retirement and mortgages.

04 May 2016

Wonga's losses double to £80m

Wonga's losses double to £80m

Wonga's pre-tax losses grew from £38.1m in 2014 to £80.2m last year, while revenues declined by 64% to £77.3m.

04 May 2016

FHL launches its lowest ever BTL rate

FHL launches its lowest ever BTL rate

3mc is offering an exclusive buy-to-let deal which offers the same 3.49% 2-year fixed rate for both individual and limited company applications.

04 May 2016

FSE Manchester unveils seminar programme

FSE Manchester unveils seminar programme

Financial Services Expo Manchester has unveiled its seminar programme, with a keynote address by former GB athlete Steve Backley OBE.

04 May 2016

Barclays scraps deposit on Family Springboard mortgage

Barclays scraps deposit on Family Springboard mortgage

Barclays has removed the requirement for Family Springboard mortgage customers to provide a 5% deposit.

04 May 2016

L&G launches sub-5% Flexible Lifetime rates

L&G launches sub-5% Flexible Lifetime rates

Legal & General has announced further rate reductions across its lifetime mortgage ranges, introducing a new rate of 4.80% for its Premier Flexible product.

03 May 2016

AXA launches guaranteed benefit drawdown range

AXA launches guaranteed benefit drawdown range

AXA Life Invest has launched Secure Advantage+ - a new drawdown product that allows pension savers to add a range of benefits and guarantees. Customers remain invested, but can take out an income or capital guarantee and protect themselves from market falls.

03 May 2016

Leeds BS launches probate service

Leeds BS launches probate service

Leeds Building Society is launching a new service to help members and their families deal with the estate after the death of a loved one.

03 May 2016

Aegon to acquire BlackRock's DC platform

Aegon to acquire BlackRock's DC platform

Aegon has announced an agreement to acquire BlackRock's UK defined contribution platform and administration business.

03 May 2016

 

RBS to rebrand 300 branches as Williams & Glyn

RBS to rebrand 300 branches as Williams & Glyn

RBS is rebranding 300 branches to Williams & Glyn, and reverting back to its full name of 'Royal Bank of Scotland' across a further 200 Scottish branches.

03 May 2016

Mansfield BS launches 95% LTV discounted rate

Mansfield BS launches 95% LTV discounted rate

Mansfield Building Society has launched a new two-year discounted rate mortgage up to 95% LTV.

03 May 2016

ASTL welcomes accountancy firm as associate member

ASTL welcomes accountancy firm as associate member

Smith & Williamson has joined the Association of Short Term Lenders as an associate member.

03 May 2016

'Bank of Mum and Dad' to lend £5bn in 2016

'Bank of Mum and Dad' to lend £5bn in 2016

The 'Bank of Mum and Dad' is on track to lend over £5 billion in 2016, making it the equivalent of a top 10 mortgage lender in the UK.

03 May 2016

Newcastle Intermediaries launches BTL exclusive

Newcastle Intermediaries launches BTL exclusive

Newcastle Intermediaries has updated its buy-to-let range with a remortgage exclusive product.

03 May 2016

Promise partners with Personal Touch for second charge

Promise partners with Personal Touch for second charge

Promise Solutions has joined the panel of Personal Touch Financial Services to provide second charge loans.

03 May 2016

Adviser numbers to drop despite increasing demand

Adviser numbers to drop despite increasing demand

More than half of financial advisers (51%) expect the number of advisers operating in the UK to shrink this year, despite half turning away up to five potential customers a month as demand exceeds supply.

03 May 2016

SMS launches new online service for specialist products

SMS launches new online service for specialist products

Solent Mortgage Services has unveiled its new front end online system which aims to speed up research and processing for specialist products.

03 May 2016

HSBC profits drop 14% in Q1

HSBC profits drop 14% in Q1

HSBC has reported Q1 profits of $6.1bn (£4.17bn) - a 14% annual drop which the bank attributed to 'challenging market conditions'.

03 May 2016

Employment rates affect house prices by up to £70,000

Employment rates affect house prices by up to £70,000

The gap in house prices between areas with the highest and lowest levels of unemployment has widened significantly over the past 10 years, according to research from Lloyds Bank.

02 May 2016

Later life advice - a one stop shop or a halfway house?

Later life advice - a one stop shop or a halfway house?

Over the years it's fair to say that lenders/providers and their advisory colleagues have not always seen eye to eye. I can remember the days, particularly in the mortgage market, where both sides appeared not just to be at loggerheads but close to all-out 'war'. To say there was a disconnect between the two would be something of an understatement, and it appeared that (at various times) both felt they could live without the other - although how this could ever have been seen as feasible is beyond me.

29 Apr 2016

Record £3.6bn paid in protection claims last year

Record £3.6bn paid in protection claims last year

A record £3.6bn was paid last year in protection insurance claims, the equivalent of £10m a day, according to ABI figures.

29 Apr 2016

Masthaven announces new COO as Stuart Aitken retires

Masthaven announces new COO as Stuart Aitken retires

Stuart Aitken, Chief Operating Officer for Masthaven, is to retire next month after four years with the Group and will be succeeded by Al Southall.

29 Apr 2016

Accord reduces minimum property value for BTL

Accord reduces minimum property value for BTL

Accord Buy to Let has made changes to its lending offering aimed at landlords looking to invest in lower value properties.

29 Apr 2016

MP report criticises Right to Buy extension

MP report criticises Right to Buy extension

A report from the Public Accounts Committee has criticised the Right to Buy extension, arguing that despite the implications and complexity of this policy, the government has not clarified many key details.

29 Apr 2016

BoE: lending increases by £9.3bn in March

BoE: lending increases by £9.3bn in March

Total lending to individuals increased by £9.3 billion in March, compared to the average of £5 billion over the previous six months, according to the latest Bank of England Money and Credit report.

29 Apr 2016

Just 35% of remortgagors consult a broker

Just 35% of remortgagors consult a broker

The number of remortgagors consulting brokers has declined since the start of the year, falling to just 35% in March - the lowest amount since September last year.

29 Apr 2016

RBS posts £968m loss after govt dividend payment

RBS posts £968m loss after govt dividend payment

RBS has reported a loss of £968 million in Q1 compared with £459 million in Q1 2015, primarily due to payment of the final Dividend Access Share dividend of £1,193 million to the government.

29 Apr 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