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LISA sale must include workplace pension warning: FCA

LISA sale must include workplace pension warning: FCA

The FCA has today outlined its proposed approach to regulating the promotion and distribution of the Lifetime ISA, stating that investors must be warned about early withdrawal charges and potential lost workplace pension contributions.

16 Nov 2016

Access to mortgage finance driving fall in homeownership: Redfern Review

Access to mortgage finance driving fall in homeownership: Redfern Review

The two biggest drivers of declining home ownership since the financial crisis have been the fall in incomes of would-be first time buyers and their access to mortgage finance, according to a major review into home ownership.

16 Nov 2016

IRESS launches online protection underwriting proposition

IRESS launches online protection underwriting proposition

IRESS has announced added a new protection underwriting capability to its online portal, The Exchange.

16 Nov 2016

Five-year fixes double in popularity amid rate rise speculation

Five-year fixes double in popularity amid rate rise speculation

Almost a quarter (23%) of remortgagors now expect a rate rise in the next year - a 50% increase month-on-month as speculation grows about the rate of inflation and a potential rate rise in the Bank Rate.

16 Nov 2016

Gender gap widening for retirement saving

Gender gap widening for retirement saving

The retirement savings gap between men and women has widened since 2014, with self-employed and part-time women increasingly vulnerable, according to new Scottish Widows research.

16 Nov 2016

Magellan Homeloans appoints Regional Sales Manager

Magellan Homeloans appoints Regional Sales Manager

Magellan Homeloans has appointed Jacqui Simmons as Regional Sales Manager for the South East of England.

15 Nov 2016

Brokers urged to revisit mortgage books as rates fall

Brokers urged to revisit mortgage books as rates fall

With £28bn coming off fixed rates before the end of the year, First Complete and Pink are campaigning for brokers to check their back books and make sure consumers understand their remortgaging options before the end of the year.

15 Nov 2016

Leeds and Coventry launch lowest ever five-year fixes

Leeds and Coventry launch lowest ever five-year fixes

Leeds Building Society and Coventry for Intermediaries have both launched their lowest ever five-year fixed rates.

15 Nov 2016

Aviva calls for 12.5% auto-enrolment contributions

Aviva calls for 12.5% auto-enrolment contributions

Aviva is calling for minimum auto-enrolment pension contributions to rise to 12.5% to "give consumers a better chance of building up an adequate retirement savings pot".

15 Nov 2016

Inflation sees 'surprise fall' to 0.9%

Inflation sees 'surprise fall' to 0.9%

CPI rose by 0.9% in the year to October, compared with a 1.0% rise in the year to September, according to the latest ONS statistics.

15 Nov 2016

 

Mortgage costs fall to record lows: CML

Mortgage costs fall to record lows: CML

Mortgage costs relative to household income reached a historic low in September for both first-time buyers and home movers, 17.8% and 17.7% respectively, according to CML data.

15 Nov 2016

House price growth remains 'stable' at 7.7%: UK HPI

House price growth remains 'stable' at 7.7%: UK HPI

The housing market is seeing a period of "relative stability" as prices grew by 7.7% in the year to September, unchanged from August, according to the latest UK house price index.

15 Nov 2016

Lifetime ISA mis-buying scandal a "real risk", warns Webb

Lifetime ISA mis-buying scandal a "real risk", warns Webb

Steve Webb, former pensions minister and Director of Policy at Royal London, has warned that there "is a real risk of a mis-buying scandal" as the wrong people take out Lifetime ISAs.

15 Nov 2016

FCA introduces cap on early exit pension charges

FCA introduces cap on early exit pension charges

The FCA has today announced its final rules on capping early exit charges for consumers eligible to access the Government’s pension reforms from age 55.

15 Nov 2016

Precise launches lowest ever HMO rate through 3mc

Precise launches lowest ever HMO rate through 3mc

3mc has launched an exclusive two-year tracker mortgage funded by Precise Mortgages, targeting both individual and limited company HMOs.

15 Nov 2016

Dudley BS partners with Tenet Group

Dudley BS partners with Tenet Group

Dudley Building Society has announced a new relationship with Tenet Group, which will see the lender providing mortgage products for Tenet advisers situated within 100 miles of the Dudley’s Principal Office.

15 Nov 2016

HML rebrands to Computershare as firms integrate

HML rebrands to Computershare as firms integrate

Residential mortgage servicer HML will re-brand as Computershare later this month, as part of plans to further integrate the two firms.

14 Nov 2016

NIESR to run new ONS economic statistics centre

NIESR to run new ONS economic statistics centre

The National Institute of Economic and Social Research has been selected to run the new Economic Statistics Centre of Excellence for the Office of National Statistics.

14 Nov 2016

Barclays launches limited edition remortgage rates

Barclays launches limited edition remortgage rates

Barclays is introducing a selection of new remortgage products available for a limited period, including reductions across the Reward Range which now offers a two-year fixed rate at 1.65% up to 65% LTV and a 2.45% five-year fix at 80% LTV.

14 Nov 2016

MAB and Freedom to launch telephone advice mortgage brokerage

MAB and Freedom to launch telephone advice mortgage brokerage

Mortgage Advice Bureau has partnered with Freedom Mortgages to launch a telephone advice mortgage brokerage.

14 Nov 2016

Average five-year fix falls below 3%

Average five-year fix falls below 3%

The cost of the average five-year fixed rate mortgage has fallen significantly over the past year to fall below 3.00% for the first time on record, according to Moneyfacts.

14 Nov 2016

SunLife to expand over-50s offering

SunLife to expand over-50s offering

Dean Lamble, previously Managing Director of SunLife, has been named as the firm's CEO as it prepares to expand more widely in the over-50s market.

14 Nov 2016

Conveyancing Association outlines plans for homemover portal

Conveyancing Association outlines plans for homemover portal

The Conveyancing Association has published its White Paper on ‘Modernising the Home Moving Process’ in which it claims that "we do not have a home moving process which is fit for purpose" and outlines how a future, more certain and transparent process could operate.

14 Nov 2016

FHL partners with L&G Mortgage Club

FHL partners with L&G Mortgage Club

Foundation Home Loans has announced a new partnership with Legal & General Mortgage Club.

14 Nov 2016

FTBs affected by resilient house prices: Rightmove

FTBs affected by resilient house prices: Rightmove

The price of property coming to market has recorded a resilient seasonal fall of 1.1% in November, a smaller drop than the 1.8% average over the last six years according to the latest Rightmove house price index.

14 Nov 2016

House price confidence falls to three-year low: Halifax

House price confidence falls to three-year low: Halifax

Confidence in the UK housing market has fallen to its lowest point in three years, according to the latest Halifax Housing Market Confidence Tracker.

12 Nov 2016

HMRC rule wiping 'hundreds of millions' off new mothers' pension rights

HMRC rule wiping 'hundreds of millions' off new mothers' pension rights

New mothers may have lost out on more than half a billion pounds in state pension rights in the last three years because of changes to the rules around Child Benefit, according to Royal London analysis.

12 Nov 2016

House prices see highest monthly rise since Q1

House prices see highest monthly rise since Q1

The housing market is showing 'mixed signals' as price inflation continues to rise despite transactions numbers slowing, according to the latest Your Move England & Wales House Price Index.

12 Nov 2016

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