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Intermediary needs and lender offerings 'misaligned'

Intermediary needs and lender offerings 'misaligned'

There continues to be a "clear misalignment" between intermediary requirements and current lender offerings, according to IRESS.

07 Apr 2016

Clever Lending urges DAs to decide second charge route

Clever Lending urges DAs to decide second charge route

Clever Lending says it is still seeing a number of Directly Authorised adviser firms unsure as to which route they go down for dealing with increasing second charge mortgage enquiries.

07 Apr 2016

AMI urges FCA to tackle 'unfair' MCD disclosure rules

AMI urges FCA to tackle 'unfair' MCD disclosure rules

The AMI has urged FCA to crack down on "weaker MCD disclosure rules for lenders" in a bid to re-level the playing field for advisers.

07 Apr 2016

Keystone rebrands ahead of planned expansion

Keystone rebrands ahead of planned expansion

Keystone Buy to Let Mortgages has refreshed its name to Keystone Property Finance.

07 Apr 2016

Halifax: annual house price growth above 10%

Halifax: annual house price growth above 10%

Prices in Q1 2016 were 10.1% higher than in the same three months a year earlier, according to the latest Halifax house price index.

07 Apr 2016

Chelsea BS launches fee-free offset range

Chelsea BS launches fee-free offset range

Chelsea Building Society has launched a new fee-free offset mortgage range.

07 Apr 2016

LendInvest records record-breaking March

LendInvest records record-breaking March

LendInvest has reportedly completed bridging loans worth over £50 million in March - the biggest volume of lending the business has done since it launched in 2013.

07 Apr 2016

Virgin announces 4x LTI cap for large loans

Virgin announces 4x LTI cap for large loans

Virgin Money has announces a maximum loan to income multiple of x4 for loans over £500,000.

06 Apr 2016

Leeds expands intermediary lending team

Leeds expands intermediary lending team

Leeds Building Society has continued to strengthen its intermediary team with the appointment of three new BDMs - Leanne Arundell for Central and East England, Heidi Deaton for North and South Yorkshire and Humberside, and Andy Millard for the South Coast.

06 Apr 2016

John Truswell to leave Virgin Money

John Truswell to leave Virgin Money

John Truswell, Head of National Accounts at Virgin Money, has announced his resignation after 20 years at the firm.

06 Apr 2016

 

The Mansfield extends lending age to 85

The Mansfield extends lending age to 85

Mansfield Building Society has extended the maximum age from 80 to 85 on its 2 year discounted rate product to 60% LTV.

06 Apr 2016

Just 11 providers FCA authorised for IFISA launch

Just 11 providers FCA authorised for IFISA launch

According to the FCA register, just 11 providers have received the required permissions to offer the IFISA which launches today.

06 Apr 2016

Industry collaboration ensures strong business levels post-MCD

Industry collaboration ensures strong business levels post-MCD

Fluent Money says that strong collaboration between lenders, distributors and brokers in the run up to MCD implementation played a big part in ensuring that business and service levels have been maintained since the deadline passed.

06 Apr 2016

FCA announces testing date for regulatory sandbox

FCA announces testing date for regulatory sandbox

The FCA has announced that it will start accepting testing proposals for its 'regulatory sandbox' on the 9th May.

06 Apr 2016

Atom Bank launches with app-only savings range

Atom Bank launches with app-only savings range

Atom Bank announced today that its regulatory restriction has been lifted, and its banking app has gone live after the licence was granted just over nine months ago. The app will be made available to everyone who has pre-registered their interest through the Atom Bank website.

06 Apr 2016

Holloway Friendly increases new business commission

Holloway Friendly increases new business commission

Holloway Friendly has announced a 14% increase in new business commission rates for advisers on all income protection products.

06 Apr 2016

Newcastle Intermediaries expands self-employed range

Newcastle Intermediaries expands self-employed range

Newcastle Intermediaries has launched two new products in response to continued growth in the self employed market.

06 Apr 2016

OneFamily to enter lifetime mortgage market

OneFamily to enter lifetime mortgage market

OneFamily has announced its intention to enter the lifetime mortgage market during the first half of 2016.

06 Apr 2016

Pension Freedoms one year on: a Lamborghini generation?

Pension Freedoms one year on: a Lamborghini generation?

Today is the first anniversary of the launch of the pension freedoms.

06 Apr 2016

Church to make over £80m from Williams & Glyn separation

Church to make over £80m from Williams & Glyn separation

Church of England Commissioners hold a 10% stake in a £600m bond invested in Williams & Glyn, with the total return from its involvement "likely to be more than £80m", according to sources.

05 Apr 2016

AMI to challenge "unfair" FCA fee hike

AMI to challenge "unfair" FCA fee hike

The FCA today released their budget figures for 2016/17 in which it confirmed that their existing costs would remain 'flat'.

05 Apr 2016

Barclays: Brits lose £1bn in missed ISA savings

Barclays: Brits lose £1bn in missed ISA savings

Savers are losing £977.6m by not depositing a penny into their cash ISA account, despite holding almost three times the amount of cash required to fill the annual allowance, according to Barclays.

05 Apr 2016

Standard Life's financial planning arm acquires advisory firm

Standard Life's financial planning arm acquires advisory firm

Standard Life's financial planning business, 1825, has announced the acquisition of Baigrie Davies with assets under advice of around £400m, following recent agreements to acquire Almary Green in East Anglia and Munro Partnership in Scotland.

05 Apr 2016

Mint Bridging sees 820% annual lending rise

Mint Bridging sees 820% annual lending rise

Short term bridging & re-bridging lender, Mint Bridging, generated an 820% increase in its loan book compared to Q1 2015.

05 Apr 2016

Cavendish Online launches intermediary protection solution

Cavendish Online launches intermediary protection solution

Online life insurance and protection broker Cavendish Online has launched a white label service to provide intermediaries with a protection solution for execution only and advised business.

05 Apr 2016

FCA budget rises 8% to £519m

FCA budget rises 8% to £519m

The FCA's annual funding requirement for 2016/17 has been set at £519.3m - an increase of 7.8% on the previous year.

05 Apr 2016

New Street partners with Mortgage Advice Bureau

New Street partners with Mortgage Advice Bureau

New Street Mortgages has announced a new distribution partnership with Mortgage Advice Bureau.

05 Apr 2016

Advisers recognising need for equity release referrals

Advisers recognising need for equity release referrals

Customers referred to specialist equity release brokers by other advisers have higher house values than the market as a whole, according to Key Partnerships.

05 Apr 2016

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