Latest News

FCA bans founding partners of advice firm

FCA bans founding partners of advice firm

The FCA has banned a married couple from working in financial services and fined them £50,000 for 'integrity failings' after they attempted to mislead the FCA during an interview.

12 Oct 2017

Percentage of brokers threatened by robo-advice up 11%

Percentage of brokers threatened by robo-advice up 11%

49% of brokers see robo-advice and technology as the biggest threat to their business in the next three years, a jump of 11% in twelve months, according to research from Legal & General Mortgage Club.

12 Oct 2017

Lloyds to acquire Zurich's workplace pensions and savings arm

Lloyds to acquire Zurich's workplace pensions and savings arm

Lloyds Banking Group has announced that it is acquiring Zurich’s UK workplace pensions and savings business with assets under administration of more than £15 billion and c.500,000 customers.

12 Oct 2017

Buyer enquiries and sales "fall noticeably" in September: RICS

Buyer enquiries and sales "fall noticeably" in September: RICS

The housing market is "lacking momentum at the national level" as demand and sales both slipped deeper into negative territory in September, according to the latest RICS residential market survey.

12 Oct 2017

First-time buyer lending up 16% in August: UK Finance

First-time buyer lending up 16% in August: UK Finance

Mortgage lending to first-time buyers and home movers increased by both value and volume in August, according to the latest UK Finance data.

12 Oct 2017

Knowledge Bank reveals top criteria searches since launch

Knowledge Bank reveals top criteria searches since launch

Brokers have conducted 11,966 criteria searches on Knowledge Bank in the month since its launch, with the top three residential searches in September being maximum age at the end of term, interest only, and self-employed with one year’s accounts.

12 Oct 2017

ABI calls for government legislation and timetable on Pensions Dashboard

ABI calls for government legislation and timetable on Pensions Dashboard

The Association of British Insurers, which developed the Pensions Dashboard prototype, has today called for "firm Government direction" including legislation, a timetable and a non-commercial platform ahead of the planned Dashboard roll-out in 2019.

12 Oct 2017

MP demands answers from FCA on Equifax data breach

MP demands answers from FCA on Equifax data breach

Nicky Morgan, Chair of the Treasury Committee, has written to the FCA's Chief Executive Andrew Bailey, asking for his views on a data breach at Equifax.

12 Oct 2017

The Right Mortgage & Protection appoints National Account Manager

The Right Mortgage & Protection appoints National Account Manager

The Right Mortgage & Protection Network has appointed Kevin Williams as National Account Manager for the North.

12 Oct 2017

Keystone announces series of criteria enhancements

Keystone announces series of criteria enhancements

Specialist buy-to-let lender Keystone Property Finance has revamped its lending criteria for both portfolio and non-portfolio landlords.

11 Oct 2017

 

Chancellor admits Brexit creates risk of 'illegal' financial contracts

Chancellor admits Brexit creates risk of 'illegal' financial contracts

Chancellor Philip Hammond has admitted that financial services firms could lose the legal authorisation to service existing contracts post-Brexit.

11 Oct 2017

Secure Trust Bank partners with AToM

Secure Trust Bank partners with AToM

Secure Trust Bank has partnered with mortgage packager AToM (All Types of Mortgages).

11 Oct 2017

Tesco Bank launches intermediary new build service

Tesco Bank launches intermediary new build service

Tesco Bank is launching a dedicated new build service for intermediaries, providing brokers with access to a dedicated new build team and application case managers.

11 Oct 2017

95% LTV borrowers still paying two-thirds more: AmTrust

95% LTV borrowers still paying two-thirds more: AmTrust

Borrowers with 5% deposits are still paying over two-thirds more than their 25% deposit counterparts, according to AmTrust research.

11 Oct 2017

Network calls for lender-adviser contracts to stop direct renewals

Network calls for lender-adviser contracts to stop direct renewals

Mortgage and protection network JLM Mortgage Services is calling for lenders to enter into a formal client contact agreement in order to ensure advisers are not cut out of the process by lenders contacting clients directly.

11 Oct 2017

Advisers see rise in clients disagreeing with DB recommendations

Advisers see rise in clients disagreeing with DB recommendations

Advisers are seeing an increase in insistent clients disagreeing with their recommendations on defined benefit pension transfers, research from Momentum Pensions shows.

11 Oct 2017

MAB urges 45% on SVRs or trackers to take 'quick action'

shutterstock_110240975.jpg

MAB urges 45% on SVRs or trackers to take 'quick action'

Borrowers who are currently on variable or tracker mortgages "still have time – just – to apply for and fix their mortgage" before the next interest rate decision is announced on the 2nd November, Mortgage Advice Bureau has said today.

11 Oct 2017

Transactions see monthly dip despite impending rate rise

Transactions see monthly dip despite impending rate rise

Buyers are continuing to take a ‘wait-and-see-approach’ despite fresh threats of an interest rate hike, according to independent estate agent Haart.

11 Oct 2017

Precise Mortgages expands sales team

shutterstock_7358431.jpg

Precise Mortgages expands sales team

Precise Mortgages has appointed a new Business Development Manager to cover the South Yorkshire, East Midlands and South Midlands regions.

11 Oct 2017

Uinsure adopts iPipeline's protection sourcing system

Uinsure adopts iPipeline's protection sourcing system

iPipeline has partnered with GI provider Uinsure to launch its latest offering for advisers working in the protection market.

11 Oct 2017

TMW launches new 50% LTV purchase and remortgage rates

TMW launches new 50% LTV purchase and remortgage rates

The Mortgage Works, the specialist buy-to-let arm of Nationwide Building Society, is expanding its 50% LTV tier of mortgage products after the success of a limited period offer.

10 Oct 2017

"Strong chance" of November rate rise as GDP picks up: NIESR

"Strong chance" of November rate rise as GDP picks up: NIESR

The National Institute of Economic and Social Research says that if CPI inflation continues to rise, "there is a strong chance that the Bank of England will raise the policy rate in November".

10 Oct 2017

Inflation concerns continue to rise: Lloyds

Inflation concerns continue to rise: Lloyds

Consumer concerns over inflation and finances continue to rise, as two thirds now feel negative about the country’s financial situation, according to Lloyds Bank research.

10 Oct 2017

Foundation Home Loans appoints Hometrack for AVM services

Foundation Home Loans appoints Hometrack for AVM services

Foundation Home Loans has appointed Hometrack to provide Automated Valuation Model services for its portfolio of buy-to-let clients.

10 Oct 2017

How can brokers offset a valuation slowdown?

How can brokers offset a valuation slowdown?

Accord Mortgages is offering brokers advice on how they can speed up mortgage applications after feedback from intermediaries highlighted a seasonal slowdown in property valuations across the market.

10 Oct 2017

John Charcol Appoints Mark Fleet as CEO

John Charcol Appoints Mark Fleet as CEO

John Charcol has appointed Mark Fleet as its new Chief Executive Officer after Simon Knight stepped down from the role this summer.

10 Oct 2017

Openwork appoints two new non-executive directors

Openwork appoints two new non-executive directors

Openwork has appointed Ian Buchanan and Andy Smart as non-executive board directors.

10 Oct 2017

Kent Reliance launches fees assisted remortgage range

Kent Reliance launches fees assisted remortgage range

OneSavings Bank's Kent Reliance brand has launched a new fees assisted remortgage range for residential and standard buy-to-let applications.

10 Oct 2017

Latest Money Careers

Popular this week

Buy-to-let
Roadshow 2017

15th - 23rd November

4 days
7 specialists
4 locations
Free to attend

Click here to register now