Latest News

Octopus launches property-backed P2P product

Octopus launches property-backed P2P product

Octopus Investments is working with financial advisers to launch a new online lending product on the back of the rapid growth and continued government support of peer-to-peer lending.

14 Apr 2016

Coventry launches new five-year fixes

Coventry launches new five-year fixes

Coventry for intermediaries has launched a new range of five-year fixed residential mortgages from 65% - 90% LTV.

14 Apr 2016

Mortgage Hut partners with MAB

Mortgage Hut partners with MAB

Southampton based Mortgage Hut has partnered with Mortgage Advice Bureau.

14 Apr 2016

Fluent Money on track for fully CeMAP qualified team

Fluent Money on track for fully CeMAP qualified team

Fluent Money is on course to have all 85 of its client facing team fully CeMAP qualified by the end of May.

14 Apr 2016

Home sales surge by 30% ahead of stamp duty rise

Home sales surge by 30% ahead of stamp duty rise

Home sales in England and Wales surged by 30% in March ahead of the stamp duty surcharge - with over 80,000 properties sold during the month, according to Your Move.

14 Apr 2016

Home lending sees best Q1 since 2007

Home lending sees best Q1 since 2007

Home lending has seen its best opening quarter for nine years with 210,468 house purchase approvals granted, according to e.surv.

14 Apr 2016

House price confidence falls to 15-month low

House price confidence falls to 15-month low

Confidence in the UK housing market is at its lowest level in over a year, continuing a downward trend since a high point in May 2015, according to Halifax data.

14 Apr 2016

Second-charge lending - what happens next?

Second-charge lending - what happens next?

In the mortgage market in general, there appears to be a constant stream of data available to help stakeholders understand levels of activity, borrower type, loan-to-value - in fact anything we might wish to know about what is going on both nationally and across the regions. Add in the myriad of house price indices and other data sets such as asking prices, chartered surveyors' work volumes, agent/adviser/borrower confidence and by treading a fine course between all of these, it's possible to get a view on where the market has come from and where it might be heading.

13 Apr 2016

Number of BTL products increases 'significantly' in Q1

Number of BTL products increases 'significantly' in Q1

The introduction of more products targeted at limited company borrowers saw the average product numbers for buy to let mortgages "increase significantly" in Q1 2016, according to Mortgages for Business.

13 Apr 2016

True Potential Investments to offer Lifetime ISA

True Potential Investments to offer Lifetime ISA

Investment management firm True Potential Investments will offer consumers the new Lifetime ISA from April next year.

13 Apr 2016

 

Tracey McDermott to leave the FCA

Tracey McDermott to leave the FCA

Tracey McDermott, Acting Chief Executive of the FCA, has announced that she is leaving the organisation on 1 July.

13 Apr 2016

Advisers say FAMR won't reduce the advice gap

Advisers say FAMR won't reduce the advice gap

64% of advisers believe that the recommendations in the Financial Advice Market Review will not help to reduce the advice gap.

13 Apr 2016

FCA urged to facilitate 'holistic' later life approach

FCA urged to facilitate 'holistic' later life approach

The Later Life Academy has urged the financial services industry to provide later life products and services that better meet the needs of consumers as their behaviours continue to change.

13 Apr 2016

February house purchase lending hits nine-year high

February house purchase lending hits nine-year high

Home-owners borrowed £8.7bn for house purchase in February - up 4% month-on-month and 21% year-on-year, according to the latest CML figures.

13 Apr 2016

Conveyancing Association to launch legal indemnity insurance service

Conveyancing Association to launch legal indemnity insurance service

The Conveyancing Association has announced a new partnership with DUAL Asset Underwriting which allows conveyancing firms to arrange legal indemnity insurance for residential transactions.

13 Apr 2016

FCA to restructure IPO process in competition drive

FCA to restructure IPO process in competition drive

An FCA study has found evidence that some banks may seek to reward favoured investor clients when allocating shares in an IPO.

13 Apr 2016

Younger savers choose fintech over ISAs

Younger savers choose fintech over ISAs

With the average interest rate on ISAs down 46% over the last five years, the appeal of alternative finance and investment vehicles is growing - particularly among younger generations, according to research from eToro.

13 Apr 2016

Mortgage costs drop by up to 10% in Q1

Mortgage costs drop by up to 10% in Q1

The majority of residential and buy-to-let mortgages have come down in cost over the past three months, according to Mortgage Brain analysis.

12 Apr 2016

Law firm joins ASTL as associate member

Law firm joins ASTL as associate member

Shakespeare Martineau LLP is the latest law firm to join the Association of Short Term Lenders as an associate member.

12 Apr 2016

Five reasons you should vote in the #FRAwards16!

Five reasons you should vote in the #FRAwards16!

Voting for our seventh annual Financial Reporter Awards closes at midnight on Friday.

12 Apr 2016

The Source appoints North-based BDM

The Source appoints North-based BDM

Source Insurance has appointed David Carr as Business Development Manager for the North region.

12 Apr 2016

1 in 4 say they will invest more this year

1 in 4 say they will invest more this year

New research from Willis Owen has found that almost a quarter of people across the UK have made plans to save and invest more this year than they did last year.

12 Apr 2016

FCA bans former RBS worker for LIBOR manipulation

FCA bans former RBS worker for LIBOR manipulation

The Financial Conduct Authority has announced today that it has banned former RBS worker, Paul White, from performing any function in relation to any regulated financial activity. Although the FCA publicly censured him, they stopped short of fining him £250k due to his dire financial situation.

12 Apr 2016

ONS: South East leads the way for house price rises

ONS: South East leads the way for house price rises

The latest figures to be released from The Office for National Statistics have shown that UK house prices increased by 7.6% in the year to February 2016, down from 7.9% in the year to January 2016.

12 Apr 2016

Retirement advisers fear SIPP providers will fall short

Retirement advisers fear SIPP providers will fall short

More than two out of five retirement advisers are concerned that a SIPP provider they use won't be able to meet September's capital adequacy requirements, new research from Momentum Pensions, international pension specialist and independent pension trustee, shows.

12 Apr 2016

SortRefer adds new conveyancers to panel

SortRefer adds new conveyancers to panel

Online conveyancing portal SortRefer has announced the expansion of its select conveyancing panel to improve choice and maintain service standards in the wake of increasing levels of new business.

12 Apr 2016

Inflation rises to 0.5%: ONS

Inflation rises to 0.5%: ONS

UK inflation as measured by the Consumer Prices Index rose to 0.5% in March, according to the Office for National Statistics.

12 Apr 2016

Wonga to borrow £25m in revival attempt

Wonga to borrow £25m in revival attempt

Wonga is taking on nearly £25m of new debt to fund new loans and provide additional working capital.

11 Apr 2016

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