Latest News

NatWest to accept builders' incentives on HTB New Builds

NatWest to accept builders' incentives on HTB New Builds

NatWest Intermediary Solutions will now accept builders' financial incentives of up to 5% of the purchase price on New Build properties that are bought through the Help to Buy shared equity scheme.

11 Dec 2015

BoE: banks must raise £27bn for new capital buffers

BoE: banks must raise £27bn for new capital buffers

By 2020, firms will need to raise £27bn on top of mandatory capital requirements to minimise the risk of a future crisis and prevent the need for a taxpayer bailout.

11 Dec 2015

Financial Ltd CEO refers FCA fine to Upper Tribunal

shutterstock_140867215.jpg

Financial Ltd CEO refers FCA fine to Upper Tribunal

Mr Charles Anthony Llewellen Palmer, the majority shareholder and CEO of Standard Financial Group Limited, and a director and de facto CEO of Financial Limited and Investments Limited, has referred a decision made by the FCA concerning him to the Upper Tribunal.

11 Dec 2015

Finance industry urged to support young consumers

Finance industry urged to support young consumers

The financial services industry needs to find new ways to support young consumers, with a net -31% of the under 30 group saying they feel confident in their financial providers, according to research from technology company CEB.

11 Dec 2015

Savers lose £150 billion from low interest rates

Savers lose £150 billion from low interest rates

As the 7th anniversary of interest rates at 0.5% approaches, new data shows that savers have lost £150 billion from low interest rates, with £164 billion now being held in zero interest accounts.

11 Dec 2015

Small deposit lending continues to stall

Small deposit lending continues to stall

The Autumn Statement accompanied a house purchase lending jump this November, but first-time buyers are yet to see the benefit, according e.surv.

11 Dec 2015

Mortgage Advice Bureau invests in Sort Refer

Mortgage Advice Bureau invests in Sort Refer

Mortgage Advice Bureau has today announced that it has made an equity investment of 23% in Sort Refer's parent company Sort Limited.

11 Dec 2015

Online adviser launches mortgage comparison service

Online adviser launches mortgage comparison service

Trussle, the online mortgage adviser, has launched its free service that automatically determines when borrowers are paying over the odds for their mortgage and helps them switch products.

10 Dec 2015

Tenet Group selects MortgageBrain Anywhere

Tenet Group selects MortgageBrain Anywhere

Tenet Group will exclusively provide Mortgage Brain's online sourcing solution to its members.

10 Dec 2015

MPC votes 8-1 to maintain Bank Rate

MPC votes 8-1 to maintain Bank Rate

At its latest meeting, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%.

10 Dec 2015

 

Pension reforms create apathy amongst savers

Pension reforms create apathy amongst savers

Changes to legislation affecting pensions, savings and investments have derailed UK consumers' financial aspirations, creating a culture of apathy towards financial planning, research by Towry shows.

10 Dec 2015

Industry predicts strong mortgage market in 2016

Industry predicts strong mortgage market in 2016

Taking into consideration economic data and political factors - including increased competition amongst lenders, new entrants and a low Bank of England Base Rate - Accord expects the mortgage market will continue to grow during 2016.

10 Dec 2015

Average house prices at all time high

Average house prices at all time high

The Your Move house price index has found that despite a small dip in house price growth, house prices in England and Wales increase £16,446 annually to £290,640 - breaking a new record.

10 Dec 2015

Fast Track 100 inclusion announced for Masthaven

Fast Track 100 inclusion announced for Masthaven

Specialist lender, Masthaven Finance, has confirmed its inclusion into the Sunday Times Virgin Fast Track 100 companies.

10 Dec 2015

75% of advisers want Government to engage with industry on equity release

75% of advisers want Government to engage with industry on equity release

New research for referral service, Key Partnerships, has found that more than three out of four advisers want government to engage with industry on equity release integration in advice process - with 70% wanting recognition from Baroness Altmann that equity release can play an important part in retirement planning.

10 Dec 2015

Alternative Finance industry urged to reach out to brokers

Alternative Finance industry urged to reach out to brokers

The Alternative Finance industry needs to do much more to reach out to advisers, according to Intelligent Partnership.

10 Dec 2015

Brightstar appoints new commercial finance specialist

Brightstar appoints new commercial finance specialist

Due to increasing demand for commercial finance, Brightstar has appointed a new commercial finance specialist who will specialise in the trading business sector and associated products of invoice and asset finance.

10 Dec 2015

Smart Money expands underwriting team

Smart Money expands underwriting team

Smart Money has appointed Hannah Joyce as an underwriter in its regulated second charge team.

10 Dec 2015

From Glasgow to London: the rise of Financial Services Expo

From Glasgow to London: the rise of Financial Services Expo

This year has, once again, been a busy one in financial services.

09 Dec 2015

Help to Buy completions hit 130,000

Help to Buy completions hit 130,000

Over 130,000 people have now bought a home through the Help to Buy scheme, according to the latest government figures.

09 Dec 2015

FCA: wealth managers need "substantial improvement"

FCA: wealth managers need "substantial improvement"

A third of wealth managers and private banks are still falling "substantially short" of the FCA's expected standards, a thematic review has found.

09 Dec 2015

The Source launches new GI platform

The Source launches new GI platform

Source Insurance has today launched its new general insurance platform.

09 Dec 2015

'All major barriers' to home ownership fall in 2015

'All major barriers' to home ownership fall in 2015

UK consumers have reported that all the major barriers to property purchase have fallen, according to the BSA's final Property Tracker of 2015.

09 Dec 2015

Industry appeals to FCA for new investment regulation

Industry appeals to FCA for new investment regulation

Investment platforms are urging the FCA to support a new industry charter guaranteeing best practice after the findings of a report revealing a wide disparity in fund platforms' services and charges.

09 Dec 2015

Retiree mortgage debt soars 31%

Retiree mortgage debt soars 31%

Over-55s have seen a 31% rise in mortgage debt over the last year, according to Aviva.

09 Dec 2015

FCA finalises new capital rules for advisers

FCA finalises new capital rules for advisers

The FCA has confirmed plans to raise the minimum capital resources requirement for personal investment firms from £10,000 to £20,000.

09 Dec 2015

Skipton becomes first lender to adopt ESIS

Skipton becomes first lender to adopt ESIS

Skipton Intermediaries has announced that it will switch to the European Standardised Information Sheet from 14 December 2015, ahead of the Mortgage Credit Directive.

09 Dec 2015

Promise receives FCA authorisation ahead of MCD

Promise receives FCA authorisation ahead of MCD

Promise Solutions has announced it has achieved Financial Conduct Authority authorisation ahead of the implementation of the Mortgage Credit Directive.

09 Dec 2015

Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

Register now

Latest Money Careers

Popular this week