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Tenet AR acquires Furness Financial client bank

Tenet AR acquires Furness Financial client bank

Tenet’s wholly owned appointed representative, Aspire Financial Management Ltd, has completed the acquisition of the client bank of Furness Financial Advisers Ltd, the financial advice business of Furness Building Society.

06 Jun 2016

OneSavings Bank expands intermediary network with new hires

OneSavings Bank expands intermediary network with new hires

OneSavings Bank has announced a number of new appointments across its Kent Reliance, InterBay Commercial, and Prestige Finance brands.

06 Jun 2016

Lenders call for larger mortgages on 'green homes'

Lenders call for larger mortgages on 'green homes'

A new project, chaired by Nationwide Building Society, is aiming to demonstrate that more accurate fuel cost estimates used in mortgage lending decisions could result in lower energy homes being responsibly allowed larger mortgages.

06 Jun 2016

Shawbrook updates short term loan criteria

Shawbrook updates short term loan criteria

Shawbrook Bank has made four key changes to its short term loan criteria after feedback from their panel of broker partners.

06 Jun 2016

Are networks losing their appeal?

Are networks losing their appeal?

As the saying goes there are lies, damned lies and statistics. Having seen this to be the case on many occasions, I tend not to put too much emphasis on figures.

06 Jun 2016

Intelliflo prepares for MiFID II with call recording function

Intelliflo prepares for MiFID II with call recording function

Intelliflo has added communications capabilities, including secure automated call recording functionality, to its adviser management software, Intelligent Office.

06 Jun 2016

Pensioners "could lose "£10,000" from govt pension changes

Pensioners "could lose "£10,000" from govt pension changes

The Government’s recent consultation on rule changes for the British Steel Pension Scheme reveals that the oldest pensioners could lose the most.

04 Jun 2016

In the Spotlight with David Robinson, Accord

In the Spotlight with David Robinson, Accord

We spoke to David Robinson, National Intermediary Sales Manager at Accord, about the future of the first-time buyer market and bridging the gap between supply and demand.

03 Jun 2016

House purchase timescale - is conveyancing to blame?

House purchase timescale - is conveyancing to blame?

While it’s yet to appear, the Department for Business, Skills & Innovation’s forthcoming ‘call for evidence’ on the house purchase process is eagerly anticipated. Not least because I suspect that, in some areas, it will be apparent what type of changes the BIS wants to make in order to speed up the whole end-to-end process and to try and cut down the number of aborted transactions every year.

03 Jun 2016

Leek United appoints new Chair

Leek United appoints new Chair

Leek United Building Society has appointed a new Chair to its Board of Directors.

03 Jun 2016

 

Technology - the be-all and end-all?

Technology - the be-all and end-all?

The debate around the utilisation of technology appears to permeate throughout every part of the advisory market at the moment – from how lenders are looking to technology to re-establish their direct to consumer channels, how advisers can combat this and develop strong relationships via technology, to the whole ‘robo advice’ situation and whether there might be a significant read-across from financial advice to say mortgage or protection. These are significant issues to be dealing with and their answers may well dictate how the future of advice might look like in the very near term, let alone over the next decade.

03 Jun 2016

L&G Mortgage Club adds LV= to Later Life panel

L&G Mortgage Club adds LV= to Later Life panel

LV= has joined Legal & General Mortgage Club's direct to lender Later Life Lending panel.

03 Jun 2016

Homemovers see highest completion rates in Q1

Homemovers see highest completion rates in Q1

Homemover loan applications recorded the highest conversion rate in Q1, with 80% of applications resulting in an offer and 80% of those leading to a completed deal.

03 Jun 2016

North-South repossession gap halves as numbers decline

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North-South repossession gap halves as numbers decline

The gap between home repossessions in the North and South has almost halved in the last year, but Northern towns still make up 9 in 10 repossession postcodes.

03 Jun 2016

FCA refuses adviser application over 'phoenixing' concerns

FCA refuses adviser application over 'phoenixing' concerns

An application for authorisation from Independent Family Advisers Limited has been refused after the FCA said it had the hallmarks of “phoenixing” and was "not satisfied that the applicant was a fit and proper person".

02 Jun 2016

Skipton relaunches 5 year ISA at 2.01%

Skipton relaunches 5 year ISA at 2.01%

Skipton Building Society has today reintroduced its five year fixed term savings products.

02 Jun 2016

Minimum standards, maximum choice

Minimum standards, maximum choice

What we’re trying to do at the moment is get some agreement with a couple of dozen of the largest commercial lenders on what could constitute a workable, user-friendly Minimum Standards document.

02 Jun 2016

Vantage appoints ex-Aviva CEO as Chairman

Vantage appoints ex-Aviva CEO as Chairman

David Barral, the former CEO of Aviva’s life insurance business, has been appointed as Chairman of Vantage Finance.

02 Jun 2016

N&P launches lowest 90% LTV five-year fix

N&P launches lowest 90% LTV five-year fix

Norwich & Peterborough Building Society has launched a 2.93% five-year fixed rate at 90% LTV which it says is currently the lowest on the market.

02 Jun 2016

Royal London launches drawdown governance service

Royal London launches drawdown governance service

Royal London has launched a new online drawdown governance service to help simplify the drawdown review process.

02 Jun 2016

Sesame and PMS add Saffron to panel

Sesame and PMS add Saffron to panel

Sesame and PMS have added Saffron for Intermediaries to its lender panels, making its range of residential and buy to let mortgages available to the members of the Sesame Network and PMS Mortgage Club.

02 Jun 2016

Accord cuts high-LTV rates

Accord cuts high-LTV rates

Accord Mortgages has reduced high-LTV rates and launched new fee-free options at 75%, 80% and 85% LTV.

02 Jun 2016

LendInvest revamps bridging loan offering

LendInvest revamps bridging loan offering

LendInvest has revised its bridging loan pricing, and split the offering into three separate tiers: Residential Bridging Tier 1, Residential Bridging Tier 2, and Commercial Bridging.

02 Jun 2016

John Charcol to launch legal service

John Charcol to launch legal service

New conveyancing service John Charcol Legal will launch later this month in association with ULS Technology.

02 Jun 2016

Tyrie asks FCA to consider further P2P regulation

Tyrie asks FCA to consider further P2P regulation

Andrew Tyrie MP, Chairman of the Treasury Committee, has asked whether consumers would benefit from further regulation of the peer-to-peer lending market.

01 Jun 2016

FCA fines CT Capital £2.4m for PPI failings

FCA fines CT Capital £2.4m for PPI failings

The FCA has fined CT Capital £2,360,900 for "serious failings" in its historic PPI complaint handling processes.

01 Jun 2016

Skipton removes maximum loan size cap

Skipton removes maximum loan size cap

Skipton Building Society and its intermediary lending arm, Skipton Intermediaries, has removed its maximum loan size cap for first time buyers.

01 Jun 2016

Kent Reliance to pay broker retention fee

Kent Reliance to pay broker retention fee

Kent Reliance has launched a product transfer scheme that pays a procuration fee for brokers, which it says is the first of its type to be provided by a specialist mortgage lender.

01 Jun 2016

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