Latest News

FSE Midlands: Equity release will be a £5bn market by 2020

FSE Midlands: Equity release will be a £5bn market by 2020

The equity release market will “comfortably be a £5bn market by 2020” said Key Retirement’s Dean Mirfin at today’s FSE Midlands at the RICOH Arena in Coventry.

03 Nov 2016

Bank of England raises 2017 growth forecasts to 1.4%

Bank of England raises 2017 growth forecasts to 1.4%

The Bank of England has raised its 2017 growth forecasts from 0.8% to 1.4% in its latest inflation report.

03 Nov 2016

MPC votes unanimously to hold Bank Rate at 0.25%

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MPC votes unanimously to hold Bank Rate at 0.25%

The Bank of England's Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.25%.

03 Nov 2016

Lloyds launches £500 cashback for remortgagors

Lloyds launches £500 cashback for remortgagors

Lloyds Bank has launched a £500 cashback offer for customers who remortgage from another lender.

03 Nov 2016

The Mortgage Lender partners with John Charcol

The Mortgage Lender partners with John Charcol

The Mortgage Lender has announced a new partnership with mortgage broker John Charcol.

03 Nov 2016

NatWest launches new intermediary website

NatWest launches new intermediary website

NatWest Intermediary Solutions has launched a new website with redesigned navigation and content.

03 Nov 2016

Standard Life pulls out of open annuity market

Standard Life pulls out of open annuity market

Standard Life has been confirmed as the sixth provider to pull out of the open annuity market since the pension freedoms were announced.

03 Nov 2016

CII launches new pension transfers qualification

CII launches new pension transfers qualification

The Chartered Insurance Institute has launched a new pension transfers qualification.

03 Nov 2016

Shawbrook to launch lending into retirement range in Q1

Shawbrook to launch lending into retirement range in Q1

Shawbrook has confirmed the continued development of its lending into retirement product set with a launch expected in Q1 2017.

03 Nov 2016

Former Aldermore manager joins Pepper Homeloans

Former Aldermore manager joins Pepper Homeloans

Nicola Boardman has joined Pepper Homeloans as Head of Origination and will be responsible for developing and delivering Pepper’s service proposition to both intermediaries and borrowers.

03 Nov 2016

 

Industry says seven-day mortgage switching "unnecessary and unworkable"

Industry says seven-day mortgage switching "unnecessary and unworkable"

Plans to shorten the procedure for switching mortgages to seven days have "little chance of being implemented effectively", according to the latest IMLA member survey.

03 Nov 2016

Brokers report fixed-rate rush as uncertainty continues

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Brokers report fixed-rate rush as uncertainty continues

Homeowners are rushing to fix mortgage payments with nearly two out of three looking for fixed rate mortgages when their current deal expires, according to Nottingham Building Society research.

02 Nov 2016

Debt purchase firm signs redress deal with FCA

Debt purchase firm signs redress deal with FCA

Debt purchase and collections firm Motormile Finance has entered into an agreement with the FCA to provide redress to more than 500,000 customers for historic failures in its due diligence and collections process.

02 Nov 2016

Former Blackrock manager pleads guilty to insider dealing

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Former Blackrock manager pleads guilty to insider dealing

Mark Lyttleton, a former Equity Portfolio Manager at BlackRock, has today pleaded guilty to two counts of insider dealing.

02 Nov 2016

Together launches sub-7% buy-to-let rates

Together launches sub-7% buy-to-let rates

Specialist lender Together has cut rates on first charge buy-to-let mortgages up to 65% LTV, taking them below 7%.

02 Nov 2016

Equity release lending soars 26% in Q3

Equity release lending soars 26% in Q3

The total value of equity release lending grew by more than a quarter year-on-year to a new record high of £571.6m in Q3, according to the latest figures from the Equity Release Council.

02 Nov 2016

NIESR: inflation to hit 4% in 2017

NIESR: inflation to hit 4% in 2017

The National Institute of Economic and Social Research expects CPI inflation to "accelerate rapidly" to reach 4% in late 2017 and remain above the Bank of England’s 2% target until 2020.

02 Nov 2016

Furness launches 1.68% fixed rate online exclusive

Furness launches 1.68% fixed rate online exclusive

Furness Building Society has launched a 1.68% three-year fixed rate online exclusive.

02 Nov 2016

Annual house price growth slows to 4.6%: Nationwide

Annual house price growth slows to 4.6%: Nationwide

After fifteen successive monthly increases, UK house prices were unchanged in October, according to the latest Nationwide house price index.

02 Nov 2016

Intrinsic adds Fluent to lending panel

Intrinsic adds Fluent to lending panel

Fluent for Advisers has joined Intrinsic’s specialist broker panel to provide second charge support to their advisers.

02 Nov 2016

Openwork adds HSBC to lender panel

Openwork adds HSBC to lender panel

Openwork has added HSBC to its lender panel as the network continues to expand the range of mortgages available to its adviser base.

01 Nov 2016

Bank of England's Clara Furse to chair HSBC retail arm

Bank of England's Clara Furse to chair HSBC retail arm

HSBC has announced the appointment of Dame Clara Furse as non-executive chairman of its ring-fenced bank.

01 Nov 2016

The reality of side stepping protection products

The reality of side stepping protection products

In my role as director of sales at Uinsure I spend much of my time talking to brokers and trying to make them understand the importance of adding protection products to their offering - both for their business’ sake and their clients.

01 Nov 2016

Fleet Mortgages refreshes rates and criteria

Fleet Mortgages refreshes rates and criteria

Fleet Mortgages has announced a refresh of its entire product range with new products available for individuals, limited companies and those seeking finance for HMOs and multi-unit blocks.

01 Nov 2016

HMRC investigating £1.9bn HNW tax avoidance

HMRC investigating £1.9bn HNW tax avoidance

HMRC has announced that it has launched an investigation on around a third of high net worth taxpayers over potential unpaid tax totalling £1.9 billion.

01 Nov 2016

FCA bans six over £4.3m investment scam

FCA bans six over £4.3m investment scam

The FCA has prohibited six operators of an unauthorised collective investment scheme from carrying out any regulated activity.

01 Nov 2016

AXA completes sales of SunLife and Elevate platform

AXA completes sales of SunLife and Elevate platform

Two of AXA's businesses have completed their sales today - over-50s specialist insurer SunLife is now part of the Phoenix Group while Standard Life has completed the acquisition of AXA's Elevate adviser platform.

01 Nov 2016

Pension savers tempted by record-high DB transfer values

Pension savers tempted by record-high DB transfer values

Nearly one in three retirement savers would consider transferring their guaranteed final salary pension benefits into cash lump sums or defined contribution schemes, according to research from MetLife.

01 Nov 2016

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