Latest News

Brightstar reveals EasySource launch date

Brightstar reveals EasySource launch date

Brightstar has announced that its new specialist sourcing system and case management tool EasySource will launch for intermediaries on Wednesday 1st June, with Shawbrook Bank as EasySource's official sponsor.

12 May 2016

Average London house price hits £600,000

shutterstock_125020271.jpg

Average London house price hits £600,000

Home values in London have doubled over the last seven years, with the average london home breaking through the £600,000 barrier, according to the latest Your Move house price index.

12 May 2016

Positive Lending launches flat second charge fee

Positive Lending launches flat second charge fee

Positive Lending is charging a flat £995 fee to Directly Authorised intermediaries for all residential second charge secured loans, with the intermediary receiving 100% of the proc fee.

11 May 2016

Marsden backs transition mortgages for older borrowers

Marsden backs transition mortgages for older borrowers

Marsden Building Society is speaking out in support of older borrowers and the growing need for 'transition mortgages'.

11 May 2016

Skipton revamps New Build and HTB ranges

Skipton revamps New Build and HTB ranges

Skipton Building Society is cutting rates up to 0.34% on 2 year New Build products at 90% LTV and is also launching a simplified Help to Buy range.

11 May 2016

BIBA: regulatory change continues to stifle GI innovation

BIBA: regulatory change continues to stifle GI innovation

The British Insurance Brokers' Association have highlighted a "number of barriers to innovation" in the insurance broker sector.

11 May 2016

OneSavings Bank sees loan book grow by £460m in Q1

OneSavings Bank sees loan book grow by £460m in Q1

OneSavings Bank saw net loans & advances grow by £460m in Q1, which it says was accelerated by acquisitions of first and second charge residential mortgage portfolios totalling £131m.

11 May 2016

SimplyBiz partners with National Counties and Family BS

SimplyBiz partners with National Counties and Family BS

SimplyBiz Mortgages has announced that both National Counties Building Society and The Family Building Society have joined its panel of lenders.

11 May 2016

Bluestone Mortgages grows team following pilot launch

Bluestone Mortgages grows team following pilot launch

Specialist lender Bluestone Mortgages has recruited four new staff members across its business divisions.

11 May 2016

Interest-only crisis drives lump sum equity release sales

Interest-only crisis drives lump sum equity release sales

Imminent interest-only mortgage due dates have driven a surge in sales of lump sum equity release plans, according to Key Retirement data.

11 May 2016

 

Belmont Green to launch as Vida Homeloans

Belmont Green to launch as Vida Homeloans

New challenger mortgage lender Belmont Green has confirmed that it will trade as Vida Homeloans when it launches into the intermediary mortgage market later this year.

11 May 2016

OneFamily launches first lifetime mortgage products

OneFamily launches first lifetime mortgage products

OneFamily has launched two lifetime mortgage products after announcing its intention to enter the market last month.

11 May 2016

New DWP service to locate lost pension savings

New DWP service to locate lost pension savings

A new DWP website has been launched by the Pension Tracing Service to help people find their lost pension savings.

11 May 2016

Brokers should focus on service, not price, to keep clients coming back for more

Brokers should focus on service, not price, to keep clients coming back for more

The start of 2016 has been promising for mortgage lending, thanks to record low interest rates and continued strong demand. The latest data from the Council of Mortgage Lenders showed a record £25.7bn of new mortgages in March 2016. That's up 59% on March 2015 - and the best March since the financial crisis.

10 May 2016

Step One cuts lender fee and scraps max age limits

Step One cuts lender fee and scraps max age limits

Step One Finance has updated its product range and launched new rates from 6.9%.

10 May 2016

Bank of Ireland loses £27m tax avoidance case

Bank of Ireland loses £27m tax avoidance case

The Bank of Ireland has lost a £27m tax avoidance case after "trying to exploit a loophole that did not exist", according to HM Revenue and Customs.

10 May 2016

SimplyBiz launches secured loans panel with Precise

SimplyBiz launches secured loans panel with Precise

Precise Mortgages is the first lender to join SimplyBiz Mortgages' has new secured loans panel.

10 May 2016

L&G Mortgage Club to offer direct-to-lender seconds

L&G Mortgage Club to offer direct-to-lender seconds

Legal & General Mortgage Club is launching a direct-to-lender proposition for second charge loans.

10 May 2016

NIESR: Brexit would cause "significant shock" to UK economy

NIESR: Brexit would cause "significant shock" to UK economy

Analysis from NIESR has found that GDP growth would fall to 1.9% in 2017 if the UK voted to leave Europe, compared with a growth rate of 2.7% if the UK voted to remain.

10 May 2016

First three lenders integrate with new mortgage system

First three lenders integrate with new mortgage system

Precise Mortgages, Shawbrook Bank and Together are the first three lenders to begin to integrate with new mortgage software system, LenderGateway, to enable direct submission from brokers.

10 May 2016

Kent Reliance re-introduces 5 year fixes in range revamp

Kent Reliance re-introduces 5 year fixes in range revamp

Kent Reliance has announced widespread changes to its product range including rate reductions, aligning limited company pricing with that for individual borrowers, and a new large loan/portfolio range.

10 May 2016

Precise offers PMS members direct access

Precise offers PMS members direct access

Precise Mortgages has offered PMS mortgage club members a new direct to broker submission route.

10 May 2016

Will additional lifetime events escape LISA exit fees?

Will additional lifetime events escape LISA exit fees?

TISA, the financial services membership association, is conducting a survey on which additional lifetime events should be included in the Lifetime ISA to allow for a penalty free withdrawal.

10 May 2016

Two convicted in FCA's largest insider dealing case

Two convicted in FCA's largest insider dealing case

A senior investment banker and a Chartered Accountant have been convicted of conspiring to insider deal in a case brought by the FCA and following a three-month trial at Southwark Crown Court.

10 May 2016

The Mortgage Partnership adds FHL to panel

The Mortgage Partnership adds FHL to panel

The Mortgage Partnership, the North West based distributor, has added Foundation Home Loans to its panel of buy to let lenders.

10 May 2016

LendInvest scraps development finance exit fee

LendInvest scraps development finance exit fee

Short-term property finance lender LendInvest has removed exit fees on development finance deals.

10 May 2016

Kensington completes first packaged case with 3mc

Kensington completes first packaged case with 3mc

3mc has generated Kensington's first packaged case to go to offer since the lender returned to the packaging market last month.

10 May 2016

Hinckley & Rugby cuts exclusive five-year fix to 3.05%

Hinckley & Rugby cuts exclusive five-year fix to 3.05%

Hinckley & Rugby Building Society has cut the interest rate on a five-year fixed rate that's exclusive to its Privileged Partners group of mortgage brokers.

09 May 2016

Our Next Event

Buy-to-Let Roadshow July 2017

Buy-to-Let Roadshow July 2017

Newcastle - 18/07/2017

Bolton - 19/07/2017

Derby - 20/07/2017

Reading - 21/07/2017

Register now

Latest Money Careers

Popular this week

Specialist Lending Roadshow June 2017

20th-23rd June

4 days
7 specialists
4 locations
Free to attend

Click here to register now