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Pure Protect to debut at FSE London

Pure Protect to debut at FSE London

Insurance broker Pure Protect is set to make its debut at Financial Services Expo London, taking place at Old Billingsgate on Wednesday 13th September.

04 Sep 2017

In the Spotlight with Jodie White, Legal & General Mortgage Club

In the Spotlight with Jodie White, Legal & General Mortgage Club

We spoke to Jodie White, Manager of Mortgage Support Services at Legal & General Mortgage Club, about how the market has changed over the past decade and what more can be done to help clients with difficult cases.

01 Sep 2017

Is Cardiff the new financial centre outside of London?

Is Cardiff the new financial centre outside of London?

Cardiff is emerging as the biggest financial and professional services powerhouse outside of London, according to data published by an industry body.

01 Sep 2017

Co-op and Platform to stop portfolio lending

Co-op and Platform to stop portfolio lending

Co-Operative Bank and its intermediary arm Platform are no longer lending to clients who own more than three buy-to-let properties, in response to the PRA’s new underwriting standards due on the 30th September.

01 Sep 2017

Co-op Bank cuts all 90% LTV fixed rates by 0.25%

Co-op Bank cuts all 90% LTV fixed rates by 0.25%

The Co-operative Bank has reduced all 90% LTV fixed rate mortgages by 0.25 percentage points.

01 Sep 2017

Foundation Home Loans removes £500 limited company fee

Foundation Home Loans removes £500 limited company fee

Foundation Home Loans has removed the £500 processing and administration fee for buy-to-let applications from limited companies.

01 Sep 2017

Keystone increases proc fees by 10bps

Keystone increases proc fees by 10bps

Keystone Property Finance is bringing forward its planned procuration fee rise by one month.

01 Sep 2017

General Data Protection Regulation to speed up mortgage process

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General Data Protection Regulation to speed up mortgage process

The Society of Mortgage Professionals believes the implementation of General Data Protection Regulation in May next year is "great news for consumers and offers significant benefits for advisers".

01 Sep 2017

Rathbones and Smith & Williamson terminate merger talks

Rathbones and Smith & Williamson terminate merger talks

Smith & Williamson has announced that it has ended merger discussions with Rathbones.

01 Sep 2017

Falling equity release costs save customers up to £70,000

Falling equity release costs save customers up to £70,000

Equity release customers are saving up to, or in excess of, £70,000 as increased competition drives record growth in the market, Key Retirement says.

01 Sep 2017

 

Why mainstream lenders should provide mortgages to niche markets

Why mainstream lenders should provide mortgages to niche markets

Over the last five years, lenders’ appetite for risk has advanced and challenger banks such as Bluetone, Kensington, Atom and Secure Trust are now providing mortgages for the niche markets, where income is more complex.

31 Aug 2017

Cash ISA savings see £20 billion collapse

Cash ISA savings see £20 billion collapse

The amount subscribed to cash ISAs has fallen by almost £20 billion, from £58.7 billion in 2015/16 to £39.2 billion in 2016/17, according to figures published today bu HMRC.

31 Aug 2017

Magellan partners with Mortgage Support Network

Magellan partners with Mortgage Support Network

Magellan Homeloans has announced that it is distributing its range of mortgage products via the Mortgage Support Network.

31 Aug 2017

Could free childcare scheme improve parents' mortgage affordability?

Could free childcare scheme improve parents' mortgage affordability?

Parents with preschool aged children looking to take a step on or up the property ladder could see a 17% increase in the amount they can borrow once the government’s new free childcare scheme comes into play, says Yorkshire Building Society.

31 Aug 2017

TMA launches exclusive via Furness Building Society

TMA launches exclusive via Furness Building Society

A 1.49% two-year fixed rate product has been launched with Furness Building Society which will be available exclusively to TMA Mortgage Club members and appointed representatives of the First Complete and Pink networks.

31 Aug 2017

Provident Financial relegated from FTSE 100

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Provident Financial relegated from FTSE 100

FTSE Russell has confirmed that Provident Financial has been demoted from the FTSE 100.

31 Aug 2017

Former Aldermore Sales Manager joins more 2 life

Former Aldermore Sales Manager joins more 2 life

more 2 life has appointed Catherine Casey as Sales Manager.

31 Aug 2017

Just 13% of employees have a critical illness policy

Just 13% of employees have a critical illness policy

Nearly a third of UK employees have no financial back-up plans in place to support their lifestyle should they lose their primary source of income, research from Legal & General shows.

31 Aug 2017

Bank of England MPC Member calls for rate rise

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Bank of England MPC Member calls for rate rise

Michael Saunders, External MPC Member at the Bank of England, has said that "a modest rise in rates would help ensure a sustainable return of inflation to target over time".

31 Aug 2017

Buy-to-let equity release: no longer the ‘product of last resort’

Buy-to-let equity release: no longer the ‘product of last resort’

In the world of personal finance there’s always an ongoing debate about the merits (or otherwise) of equity release and whether there are other options more appropriate for the needs of consumers. You’ll be familiar with the term ‘product of last resort’ as I believe the FSA once dubbed equity release however I think it’s fair to say we’ve moved on significantly since then. Certainly the market has shifted as have the products that are now available, including those that allow the borrower to drawdown plus pay some or all of the interest.

30 Aug 2017

Mortgage approvals and small deposit lending rise in July: e.surv

Mortgage approvals and small deposit lending rise in July: e.surv

A total of 66,083 mortgage loans were approved in July - higher than the 65,887 recorded in June and 6.7% higher than the total recorded in July 2016, according to e.surv research.

30 Aug 2017

Yorkshire BS launches 1.19% remortgage product

Yorkshire BS launches 1.19% remortgage product

Yorkshire Building Society has launched a new two-year fixed rate remortgage product at 1.19%.

30 Aug 2017

Nigel Robbins joins Magellan as Regional Sales Manager

Nigel Robbins joins Magellan as Regional Sales Manager

Magellan Homeloans has appointed Nigel Robbins as Regional Sales Manager for the South West and West Midlands.

30 Aug 2017

Mortgage approvals rebound to 16 month high: BoE

Mortgage approvals rebound to 16 month high: BoE

Mortgage approvals for house purchase totalled 68,689 in July - the highest figure seen since March 2016, according to the latest Bank of England Money and Credit figures.

30 Aug 2017

Precise creates Portfolio Team ahead of PRA changes

Precise creates Portfolio Team ahead of PRA changes

Precise Mortgages has created a Portfolio Team "to do the heavy lifting" for mortgage intermediaries and to help with the additional information required by the PRA’s new underwriting standards due on the 30th September.

30 Aug 2017

July housing supply lowest since 2002: NAEA

July housing supply lowest since 2002: NAEA

New data from the National Association of Estate Agents shows that the number of properties available to buy on estate agents’ books dropped from 37 in June to 35 in July - the lowest level recorded for the month of July since records began in 2002.

30 Aug 2017

Mortgage Support Network adds Marsden BS to panel

Mortgage Support Network adds Marsden BS to panel

Mortgage Support Network has added Marsden Building Society’s range of Lending Solutions to its panel.

30 Aug 2017

Openwork increases adviser headcount by 17%

Openwork increases adviser headcount by 17%

Openwork Group has increased its adviser headcount by 17% to 3,521, up from 3,008 this time last year.

29 Aug 2017

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