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2016 - a rollercoaster ride for advisers?

2016 - a rollercoaster ride for advisers?

So, welcome to 2016. Predictions about what the future are notoriously difficult to make but I think it's safe to say that the first quarter of the year is likely to be rather frenetic for all mortgage market stakeholders.

08 Jan 2016

Uinsure adds Ageas to landlord panel

Uinsure adds Ageas to landlord panel

GI provider Uinsure has added Ageas to its panel of landlord insurers.

08 Jan 2016

Hinckley & Rugby cuts higher-LTV rates

Hinckley & Rugby cuts higher-LTV rates

Hinckley & Rugby Building Society has cut the interest rates on four mortgages - two discounts and two fixed rate products.

08 Jan 2016

Aegon launches free pension guidance service

Aegon launches free pension guidance service

Aegon has today launched a free information and guidance service, Aegon Assist.

08 Jan 2016

Paradigm adds Scottish Widows to protection panel

Paradigm adds Scottish Widows to protection panel

Paradigm Protect has announced the addition of Scottish Widows Protect to its protection panel.

08 Jan 2016

MPs back transitional arrangements for female state pension

MPs back transitional arrangements for female state pension

At yesterday's House Of Commons debate on the equalisation of the state pension age on women, MPs supported SNP MP Mhairi Black's calls for the introduction of transitional arrangements for women negatively affected by the accelerated rate of equalisation.

08 Jan 2016

Kensington rebrands ahead of New Street Mortgages launch

Kensington rebrands ahead of New Street Mortgages launch

Kensington Group has rebranded to become The Northview Group, which will comprise of Kensington Mortgages, Acenden, and New Street Mortgages which is expected to launch early this year.

08 Jan 2016

West One Loans annual lending hits £400m

West One Loans annual lending hits £400m

West One Loans completed almost £400m of gross lending in 2015, according to its latest figures.

08 Jan 2016

LendInvest takes 10% share of P2P market

Christian Faes - Montello

LendInvest takes 10% share of P2P market

Earlier this week, LendInvest completed a £5 million loan in London, taking the total it has lent across the UK to £501 million.

08 Jan 2016

Aldermore removes 1% limited company BTL charge

Aldermore removes 1% limited company BTL charge

Aldermore is removing the additional 1% previously charged on its range of specialist limited company (single residential unit) buy-to-let products to align them with standard individual buy-to-let deals.

07 Jan 2016

 

The benefits of the second-hand annuity market

The benefits of the second-hand annuity market

In this day and age you don't often hear the words 'second-hand' anymore - instead they tend to be replaced by, what we might be referred to as 'hipster' language.

07 Jan 2016

The Source extends non-standard offering with Modus

The Source extends non-standard offering with Modus

Source Insurance has added specialist managing general agent, Modus, to its panel.

07 Jan 2016

Government relaxes Shared Ownership criteria

Government relaxes Shared Ownership criteria

The government is relaxing the criteria for those who can apply for the shared ownership scheme from April, meaning 175,000 more people will potentially be eligible for the scheme across the country.

07 Jan 2016

Conveyancing Association outlines "major challenges" for 2016

Conveyancing Association outlines "major challenges" for 2016

The Conveyancing Association has outlined what it sees as the major challenges for the market in 2016.

07 Jan 2016

FCA: almost half use drawdown without advice

FCA: almost half use drawdown without advice

Just 58% of customers accessing their pensions using drawdown used a regulated adviser, according to the latest FCA Retirement Income Market Data figures.

07 Jan 2016

FCA to face Treasury Committee over dropped banking review

FCA to face Treasury Committee over dropped banking review

The Treasury Committee has asked John Griffith-Jones, Chairman of the FCA, and Tracey McDermott, Acting Chief Executive, to appear before it to explain why it dropped a review into bank culture.

07 Jan 2016

McDermott will not replace Wheatley as CEO, FCA confirms

McDermott will not replace Wheatley as CEO, FCA confirms

The FCA has confirmed that Tracey McDermott, interim Chief Executive, will not replace Martin Wheatley on a permanent basis after deciding to withdraw from the process in early December.

07 Jan 2016

Dudley BS scraps upper age limits across entire range

Dudley BS scraps upper age limits across entire range

Dudley Building Society has announced that it has removed all upper age restrictions across its entire product range.

07 Jan 2016

L&G hosts fifth series of Mortgage Club events

L&G hosts fifth series of Mortgage Club events

Legal & General Mortgage Club will be hosting its fifth series of Mortgage Club events across the UK this spring.

07 Jan 2016

Quarterly house price growth remains below 2%

Quarterly house price growth remains below 2%

House prices in Q4 2015 were 1.6% higher than in the preceding three months, and 9.5% higher than in the same three months a year earlier, according to the latest Halifax house price index.

07 Jan 2016

Majority unaware of FSCS' deposit protection changes

Majority unaware of FSCS' deposit protection changes

The majority of UK adults are unaware of the recent change to the FSCS' bank deposit protection limit, according to RCI Bank.

06 Jan 2016

Treasury considers £17bn Bradford & Bingley sale

Treasury considers £17bn Bradford & Bingley sale

The Treasury is reportedly preparing for a £17bn sale of Bradford & Bingley.

06 Jan 2016

Government 'responsible' for £2bn pension liberation loss

Government 'responsible' for £2bn pension liberation loss

The government is 'ultimately responsible' for the potential loss of billions of pounds of savers' pensions by refusing to'fix a broken system', according to the leader of ACA Pension Life, set-up to help victims of pension liberation scams.

06 Jan 2016

FCA rule changes remove need for firms to report breaches

FCA rule changes remove need for firms to report breaches

The FCA has set out a number of technical rule changes to the Senior Managers & Certification Regime in response to the government's new Bank of England and Financial Services Bill which was outlined in October.

06 Jan 2016

Payday lender enters liquidation after £20m redress order

Payday lender enters liquidation after £20m redress order

Payday lender Cash Genie has voluntarily entered into a solvent liquidation, six months after the FCA ordered the firm to provide over £20 million of redress to more than 92,000 customers for unfair practices.

06 Jan 2016

SPF Private Clients launches new homes division

SPF Private Clients launches new homes division

SPF Private Clients has announced the launch of SPF New Homes, a new team specialising in mortgages for high value new-build homes.

06 Jan 2016

GI 'firmly on the intermediary agenda' for 2016

GI 'firmly on the intermediary agenda' for 2016

Over three quarters of mortgage intermediaries expect to sell more general insurance products in 2016, according to Select & Protect.

06 Jan 2016

L&G updates MCD info hub

L&G updates MCD info hub

Legal & General Mortgage Club has updated its Mortgage Credit Directive Matrix, which explains the new regulation and provides information on lenders' plans for adopting the MCD rules.

06 Jan 2016

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