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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

Paragon launches new BTL products

Paragon launches new BTL products

Paragon Mortgages has launched six new buy-to-let products for professional landlords, as well as refreshing its existing range.

01 Jun 2016

BoE: mortgage lending sees £7bn monthly drop

BoE: mortgage lending sees £7bn monthly drop

Mortgage lending increased by £0.3 billion in April - a sharp drop from the £7.4 billion increase seen in March and the lowest figure seen since August 2012.

01 Jun 2016

 

Nationwide HPI: 0.2% growth 'surprisingly upbeat'

Nationwide HPI: 0.2% growth 'surprisingly upbeat'

House prices increased by 0.2% in May, resulting in annual house price growth slowing slightly from 4.9% to 4.7%, according to the latest Nationwide house price index.

01 Jun 2016

Pepper Homeloans enhances lending criteria

Pepper Homeloans enhances lending criteria

Pepper Homeloans has enhanced its self employed criteria by reducing the minimum trading period to 1 year.

01 Jun 2016

Brightstar's EasySource goes live

Brightstar's EasySource goes live

Brightstar’s EasySource system has today gone live, sponsored by Shawbrook Bank who played an active part in its development.

01 Jun 2016

Older lifetime mortgage consumers see biggest rate cuts

Older lifetime mortgage consumers see biggest rate cuts

Lifetime mortgage rates have remained below 6% for the second consecutive year, according to Age Partnership, with the average rate falling to 5.87% from 6.70% in 2009.

01 Jun 2016

BTL market sees signs of recovery after stamp duty rise

BTL market sees signs of recovery after stamp duty rise

While confidence remains low among landlords as a result of recent government interventions in the buy-to-let market, buyers are slowly returning to the market according to Paragon.

31 May 2016

Millions mistakenly stuck in 'mortgage insurance trap'

Millions mistakenly stuck in 'mortgage insurance trap'

30% of homeowners who arranged their home insurance through their mortgage lender - equal to almost half a million homeowners - believe that they had to arrange their home insurance through their mortgage lender as a condition of their mortgage deal.

31 May 2016

AXA Life Invest expands distribution team

AXA Life Invest expands distribution team

AXA Life Invest has appointed a new Regional Sales Manager and six Senior Retirement Specialists, who will be advisers' first point of contact for AXA's range of drawdown plans.

31 May 2016

Brokers remain cautious over 'detrimental' economic volatility

Brokers remain cautious over 'detrimental' economic volatility

Over a third (34%) of brokers say that volatility in the financial markets could be detrimental to their business this year.

31 May 2016

TFC launches specialist lending sourcing tool

TFC launches specialist lending sourcing tool

TFC Homeloans has launched QuickSearch - a new sourcing tool for specialist lending.

31 May 2016

DWP to launch "major inquiry" into DB pensions

DWP to launch "major inquiry" into DB pensions

The Work and Pensions Committee is launching an investigation into the UK's final salary pensions sector.

31 May 2016

DeVere calls for LTA abolition as two thirds face charges

DeVere calls for LTA abolition as two thirds face charges

An "alarming number of people" could face tax charges for breaching the lifetime allowance on pensions, which was cut from £1.25m to £1m in April.

31 May 2016

Former Aldermore Senior Underwriter joins Affirmative

Former Aldermore Senior Underwriter joins Affirmative

Affirmative has expanded its lending team with the appointment of Chi Ho, who will focus on large development, residential and commercial deals.

31 May 2016

Joint FTB applications continue to rise

Joint FTB applications continue to rise

Nearly two out of three first-time buyers are now applying as a couple, with just 18% of those saying they could afford to buy on their own.

31 May 2016

TMA launches GI proposition

TMA launches GI proposition

TMA has launched a new general insurance proposition alongside an online system that enables advisers to quote and apply for residential household insurance from a panel of providers including Halifax, First2Protect, L&G and Paymentshield.

31 May 2016

Engaging with millennials - the key to tackling pensioner poverty?

Engaging with millennials - the key to tackling pensioner poverty?

Pensioner poverty is becoming increasingly common among the over 75s in the UK. Figures from the charity Independent Age show that one million pensioners, or one in six retirees, have run out of money mid-way through their retirement.

30 May 2016

The Lending in Retirement Debate Isn't Going Anywhere

The Lending in Retirement Debate Isn't Going Anywhere

The start of 2016 has been rather impressive for equity release. In the first three months of the year, nearly £400 million has been accessed by lifetime mortgage customers.

27 May 2016

FCA appoints PRA exec to Director of Supervision

FCA appoints PRA exec to Director of Supervision

The FCA has announced that Megan Butler has been appointed permanently to the role of Director of Supervision - Investment, Wholesale and Specialists.

27 May 2016

Software provider Target sold in £112m deal

Software provider Target sold in £112m deal

Target Group, the financial services outsourcing and software provider, has been acquired by global firm Tech Mahindra for £112m, subject to FCA approval.

27 May 2016

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