Latest News

Openwork appoints Chief Operating Officer

Openwork appoints Chief Operating Officer

Openwork has announced the appointment of Neil Milner as Chief Operating Officer.

11 Mar 2016

Help to Buy schemes see 150,000 completions

Help to Buy schemes see 150,000 completions

Since the launch of the Help to Buy equity loan and mortgage guarantee schemes in 2013, over 150,000 completions under the scheme have taken place, with 80% having been made by first-time buyers.

11 Mar 2016

Metro Bank floats with £1.6bn valuation

Metro Bank floats with £1.6bn valuation

Metro Bank has floated on the London Stock Exchange with a market valuation of £1.6bn.

11 Mar 2016

46% disagree with female state pension changes

46% disagree with female state pension changes

Almost half (46%) of Brits disagree with the change of state pension age for women.

11 Mar 2016

Mortgage Advice Bureau expands into Northern Ireland

iStock_000008245280Small.jpg

Mortgage Advice Bureau expands into Northern Ireland

Mortgage Advice Bureau has announced the opening of its first branch in Northern Ireland.

11 Mar 2016

Pension providers infringing competition law: FCA

Pension providers infringing competition law: FCA

The FCA says it has uncovered competition concerns with some pension providers.

11 Mar 2016

February sees surge in small-deposit lending

February sees surge in small-deposit lending

February saw a rise in small-deposit lending (to buyers with a deposit worth 15% or less of their properties' total value), with 11,429 of such loans granted approval - up 5.7% month-on-month and 9.1% annually.

11 Mar 2016

Sesame launches exclusives via Virgin Money

Sesame launches exclusives via Virgin Money

Sesame has launched two exclusive fixed rate products to appointed representatives of its network via Virgin Money.

11 Mar 2016

Old Mutual announces separation plans

Old Mutual announces separation plans

Old Mutual has today announced plans to separate its business into four units: Old Mutual Emerging Markets, Old Mutual Wealth, Nedbank Group and OM Asset Management.

11 Mar 2016

Uinsure hires BDM for Scotland and NI

Uinsure hires BDM for Scotland and NI

GI provider Uinsure has appointed a new Business Development Manager for Scotland and Northern Ireland.

10 Mar 2016

 

RICS: housing market to slow after BTL surge

RICS: housing market to slow after BTL surge

The UK housing market is set to slow down over the next three months following a short-term rush on buy-to-let properties ahead of the stamp duty changes, according to RICS.

10 Mar 2016

ECB cuts benchmark interest rate to 0%

ECB cuts benchmark interest rate to 0%

The European Central Bank has cut its benchmark interest rate from 0.05% to 0%, with UK experts already predicting that the decision 'is likely to impact on the UK base rate'.

10 Mar 2016

Industry Marathon runners host charity casino night

Industry Marathon runners host charity casino night

Barcadia Media Director James Lucas - alongside James Prosser (Front Events), Peter Izard (Investec Bank) and Jeff List (Brightstar) - will be running the London Marathon on 24 April 2016 to raise money for national Children's charity WellChild.

10 Mar 2016

CML: Remortgage lending at seven-year high

CML: Remortgage lending at seven-year high

Remortgage and buy-to-let activity soared in January, while home-owner and home mover activity saw a seasonal dip, according to the CML.

10 Mar 2016

FCA refuses authorisation of debt management firm

FCA refuses authorisation of debt management firm

The FCA is writing to 16,000 customers of debt management firm PDHL, which has been refused authorisation and can no longer carry on regulated debt management activities.

10 Mar 2016

Aldermore lending figures fuel 88% profit rise

Aldermore lending figures fuel 88% profit rise

Aldermore has reported a 88% rise in profit before tax to £95m in 2015 fuelled by a 28% in net lending to £6.1bn.

10 Mar 2016

Pension experts launch DB taskforce

Pension experts launch DB taskforce

A Taskforce to tackle the problems faced by defined benefit pension schemes has been launched and will be chaired by Ashok Gupta, former deputy chair of the Bank of England's Procyclicality Working Group.

10 Mar 2016

more 2 life reports 39% application surge

more 2 life reports 39% application surge

more 2 life has reported record lending figures for 2015, driven by a 39% surge in applications for its equity release range.

10 Mar 2016

Budget 2016 - what do industry experts predict?

Budget 2016 - what do industry experts predict?

With less than a week to go until Chancellor George Osborne's Budget, and a delay on further pension reforms seemingly confirmed, what changes can the industry expect to see announced?

10 Mar 2016

BTL surge doubles monthly house price growth

BTL surge doubles monthly house price growth

Average property prices rose by 0.8% (£2,277) on a monthly basis in February - double the rise seen in January.

10 Mar 2016

UBS & Deutsche Bank lose tax avoidance case

UBS & Deutsche Bank lose tax avoidance case

HMRC has shut down a scheme used by UBS and Deutsche Bank designed to avoid around £135 million in tax.

09 Mar 2016

NIESR: GDP growth drops to 0.3%

NIESR: GDP growth drops to 0.3%

GDP grew by 0.3% in the three months ending in February 2016 after growth of 0.4% in the three months to January, according to NIESR's latest estimate.

09 Mar 2016

L&G adds new lenders to MCD Matrix

L&G adds new lenders to MCD Matrix

Legal & General Mortgage Club's MCD Matrix has been updated to include NatWest, National Counties, and Platform.

09 Mar 2016

Will we see the launch of a Help to Buy Pension?

Will we see the launch of a Help to Buy Pension?

Those desperate to get on the property ladder could benefit from a 'Help to Buy Pension', NFU Mutual has said.

09 Mar 2016

Leeds BS launches fees assisted high-LTV range

Leeds BS launches fees assisted high-LTV range

Leeds Building Society has launched a 95% LTV two year fixed rate at 3.89%.

09 Mar 2016

FTB enquiries drop 3.7% as BTL sees 'rapid growth'

FTB enquiries drop 3.7% as BTL sees 'rapid growth'

The proportion of buy-to-let mortgage enquiries grew by 4.4% to 18.2% of all mortgage enquiries during 2015.

09 Mar 2016

FCA to review regulatory barriers to innovation

FCA to review regulatory barriers to innovation

Advice and investment firms have told the FCA that a lack of clarity over regulatory definitions of advice, guidance and personal recommendations were a barrier to the use of digital and mobile solutions.

09 Mar 2016

MTF appoints Head of New Business

MTF appoints Head of New Business

Bridging finance lender, MTF, has appointed James Anderson as its Head of New Business.

09 Mar 2016

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