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EU regulators announce one year MiFID II delay

EU regulators announce one year MiFID II delay

The European Commission has proposed a one year extension for firms to comply with MiFID II.

10 Feb 2016

Castle Trust launches Flex to Buy mortgage

Castle Trust launches Flex to Buy mortgage

Castle Trust Capital has launched a new Flex to Buy mortgage for landlords who want to complete quickly on new purchases when the opportunity arises.

10 Feb 2016

New intermediary-only lender expands senior team

New intermediary-only lender expands senior team

New challenger brand mortgage lender Belmont Green has appointed former Bank of Ireland Director, Michael Cook, as Director of Products and Customer Proposition.

10 Feb 2016

Equity Release Supermarket expands management team

Equity Release Supermarket expands management team

Equity Release Supermarket has completed its management team with the promotion of Graham Evans to the role of Head of Compliance.

10 Feb 2016

Newcastle Intermediaries launches 95% LTV product

Newcastle Intermediaries launches 95% LTV product

Newcastle Intermediaries has introduced a two year fixed rate product at 3.59% up to 95% LTV.

10 Feb 2016

Industry urges return to mandatory drawdown reviews

Industry urges return to mandatory drawdown reviews

The removal of mandatory income reviews could be leaving thousands of drawdown clients risking their pension money and remaining in unsuitable funds, according to Just Retirement.

10 Feb 2016

Nemo Personal Finance ceases lending

Nemo Personal Finance ceases lending

Principality Group has announced that Nemo Personal Finance will cease new lending after failing to find a buyer.

10 Feb 2016

Royal London announces record life and pensions growth

Royal London announces record life and pensions growth

Royal London has announced record new business growth in 2015, with a 40% rise in new life and pensions business to £6,774 million.

10 Feb 2016

Pension ISAs face further industry criticism

Pension ISAs face further industry criticism

The Chief Executive of Royal London has described George Osborne's plan to introduce ISA style pensions as 'reckless', arguing that the idea is a 'huge gamble' that will turn people away from long term saving.

10 Feb 2016

London's new buyer registrations soar by a quarter

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London's new buyer registrations soar by a quarter

The number of new buyers registering throughout Prime London in January 2016 rose by 24% year-on-year, according to estate agent Marsh & Parsons.

10 Feb 2016

 

Mortgage Brain's mobile app sees continued success

Mortgage Brain's mobile app sees continued success

UKMortgages, Mortgage Brain's mobile app, which promotes brokers and mortgage products to consumers, continues to top the charts as the most widely used mortgage search application on mobile devices.

09 Feb 2016

Schooldays return for the NACFB

Schooldays return for the NACFB

The findSMEfinance website that the NACFB runs continues to grow, both in the number of small businesses seeking finance, and the brokers helping them to find it.

09 Feb 2016

Considering the post-HTB2 environment

Considering the post-HTB2 environment

Help to Buy London launched last week with a fair amount of fanfare as the next evolution of the scheme is brought to market.

09 Feb 2016

Which areas will be most affected by a rate rise?

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Which areas will be most affected by a rate rise?

New research has revealed which areas are most at risk when interest rates rise.

09 Feb 2016

FCA fines former JP Morgan boss £792,900

FCA fines former JP Morgan boss £792,900

The FCA has fined the former Head of JP Morgan's CIO International, Achilles Macris, £792,900 for "failing to be open and co-operative" with the Authority.

09 Feb 2016

IFS: Osborne's pension changes pose "significant risks"

IFS: Osborne's pension changes pose "significant risks"

The Institute for Fiscal Studies has warned George Osborne that introducing a flat-rate tax relief for pensions or introducing ISA-style pensions will only create temporary revenues, but could create 'dramatic consequences' for UK politics and finances.

09 Feb 2016

Paradigm launches MCD preparation events

Paradigm launches MCD preparation events

Paradigm Mortgage Services has announced a further series of Mortgage and Protection events for advisers covering preparation for the Mortgage Credit Directive.

09 Feb 2016

Secured lending to exit debt management plans on the rise

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Secured lending to exit debt management plans on the rise

An increasing number of clients want to exit their Debt Management Plans as financial circumstances improve, according to new research.

09 Feb 2016

FHL: location is key to tackling stamp duty changes

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FHL: location is key to tackling stamp duty changes

The challenge for landlords, in a post stamp duty and MCD 2016, will not be access to finance, but the choice of area to buy in the UK giving the best chances of growth, according to Foundation Home Loans' Commercial Director, Simon Bayley.

09 Feb 2016

First high net worth equity release service launches

First high net worth equity release service launches

Bower Retirement says it has launched the first dedicated high net worth equity release service in response to strong demand for targeted advice as property wealth becomes more important to retirement planning.

09 Feb 2016

Aegon platforms integrate with Intelliflo

Aegon platforms integrate with Intelliflo

Aegon has partnered with Intelliflo's business management system, Intelligent Office, to integrate its One Retirement and Aegon Retirement Choices platforms.

08 Feb 2016

The countdown to MCD

The countdown to MCD

It goes without saying that 2016 is a key year for the secured loans industry. Since April 2014, when the Financial Conduct Authority first took over the reins of regulation for the second charge sector, we have been working towards this point when the interim permission period ends and MCD regulation comes into effect.

08 Feb 2016

Online adviser gets £1.1m in funding

Online adviser gets £1.1m in funding

Online mortgage adviser Trussle has received £1.1m in funding to expand its team and product offering.

08 Feb 2016

Mortgage fees hit 21-month high

Mortgage fees hit 21-month high

Average mortgage fees are £68 higher than in June 2014 and have hit a 21-month high, according to Moneyfacts.co.uk.

08 Feb 2016

FCA audit report finds 'major' incident response flaws

FCA audit report finds 'major' incident response flaws

The latest FCA internal audit report has found 'major' inadequacies in the regulator's current incident response and crisis management capability.

08 Feb 2016

Accord launches FTB cashback offer

Mortgages

Accord launches FTB cashback offer

Accord Mortgages is giving first-time buyers an extra £500 cashback when they complete on a mortgage.

08 Feb 2016

FCA urged to relax lifetime mortgage rules

FCA urged to relax lifetime mortgage rules

The Equity Release Council has argued that a relaxation of mortgage affordability rules could help more lifetime mortgage customers take up the option to make interest repayments initially before switching to a roll-up arrangement.

08 Feb 2016

6 in 10 retirement specialists recommend ISAs

6 in 10 retirement specialists recommend ISAs

Advisers are increasingly recommending ISAs as an important contributor to retirement planning, according to research from MetLife.

08 Feb 2016

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