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Just 35% of remortgagors consult a broker

Just 35% of remortgagors consult a broker

The number of remortgagors consulting brokers has declined since the start of the year, falling to just 35% in March - the lowest amount since September last year.

29 Apr 2016

RBS posts £968m loss after govt dividend payment

RBS posts £968m loss after govt dividend payment

RBS has reported a loss of £968 million in Q1 compared with £459 million in Q1 2015, primarily due to payment of the final Dividend Access Share dividend of £1,193 million to the government.

29 Apr 2016

RBS risks missing Williams & Glyn separation deadline

RBS risks missing Williams & Glyn separation deadline

RBS has announced "that there is a significant risk" the separation and divestment of Williams & Glyn will not be achieved by 31 December 2017, and is currently exploring alternative means.

29 Apr 2016

Precise to launch direct to broker seconds proposition

Precise to launch direct to broker seconds proposition

Precise Mortgages is launching a direct to broker second charge proposition on 5th May, with brokers receiving a procuration fee of 1.25% for direct business.

29 Apr 2016

Homeownership aspirations causing retirement worries

Homeownership aspirations causing retirement worries

Delays in getting onto the housing ladder are leading to increasing retirement worries for many, according to Halifax.

29 Apr 2016

FTB transactions leap by almost half in March

FTB transactions leap by almost half in March

The total number of completed first-time buyer transactions in March rose to 32,500 - the highest monthly total since June 2014.

29 Apr 2016

Virgin Money launches 1.84% HTB rate

Virgin Money launches 1.84% HTB rate

Virgin Money has reduced Help to Buy equity loan rates by up to 0.21%, with a two-year fixed rate now available from 1.84%.

28 Apr 2016

Barclays breach leads to refund for PPI customers

Barclays breach leads to refund for PPI customers

Barclays has sent out apology letters after failing to send annual statements to around 10,000 PPI customers - breaching a CMA order.

28 Apr 2016

EU Referendum: what it means for the mortgage market

EU Referendum: what it means for the mortgage market

Even if you were trying your hardest, it would be pretty much impossible to ignore the EU Referendum debate currently taking place. Over the past couple of weeks both Leave and Remain campaigns have kicked on a notch as they embark on their strategy to win the vote that takes place on the 23rd June.

28 Apr 2016

Just Mortgages completes transition to Openwork

Just Mortgages completes transition to Openwork

Openwork has announced that Just Mortgages Direct has now officially transitioned to the network, becoming its largest mortgage-focused Appointed Representative firm.

28 Apr 2016

 

Just 7% of advisers back SIPP provider "interest turn"

Just 7% of advisers back SIPP provider "interest turn"

Only 7% of retirement advisers think SIPP providers should be allowed to earn money from retained interest charges in projections and reduction in yield calculations - the so-called "interest turn" from SIPP cash accounts.

28 Apr 2016

New BTL underwriting rules to cause surge in activity

New BTL underwriting rules to cause surge in activity

Fleet Mortgages believes the introduction of new underwriting rules for buy-to-let lenders by the PRA could spark a "significant increase in market activity" as landlords seek to secure finance pre-intervention.

28 Apr 2016

Kensington Mortgages prices £350m securitisation

Kensington Mortgages prices £350m securitisation

Kensington Mortgages has raised further funding in the capital markets through a new securitisation, known as Finsbury Square 2016-1.

28 Apr 2016

Land Registry: house prices fall 0.5% in March

Land Registry: house prices fall 0.5% in March

Heightened activity ahead of the stamp duty rise wasn't enough to lift overall UK house prices, which fell by 0.5% between February and March, according to Land Registry data.

28 Apr 2016

The Mortgage Lender reveals distributor panel

The Mortgage Lender reveals distributor panel

The Mortgage Lender has partnered with eight specialist distributors ahead of its launch next month.

28 Apr 2016

Nationwide: house purchase activity to fall in coming months

Nationwide: house purchase activity to fall in coming months

While UK house prices edged up 0.2% during the month of April, the annual rate of house price growth moderated to 4.9% from 5.7% in March, according to the latest Nationwide house price index.

28 Apr 2016

Lloyds Q1 profits fall 46%

Lloyds Q1 profits fall 46%

Lloyds' statutory profits almost halved to £654m in Q1 due to a £790m charge against the redemption of investor bonds known as Enhanced Capital Notes.

28 Apr 2016

LendInvest eyes move into mainstream mortgage market

LendInvest eyes move into mainstream mortgage market

LendInvest has secured a £40 million funding line from Macquarie, which will be dedicated to bridging and buy-to-let loans.

28 Apr 2016

London new home approvals fall 64%

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London new home approvals fall 64%

Approvals for new homes in London dropped by 64% annually, with just 4,320 homes granted permission in Q1 2016, according to Stirling Ackroyd.

28 Apr 2016

230,000 use pension freedoms in first year

230,000 use pension freedoms in first year

HMRC figures show in the first year of the pension freedoms, 232,000 people have accessed £4.3 billion through 516,000 payments.

27 Apr 2016

Tesco Bank launches its lowest ever five-year fixes

Tesco Bank launches its lowest ever five-year fixes

Tesco Bank has cut rates across its fixed rate products and launched its lowest ever five-year fixed rates.

27 Apr 2016

Improving your home and health with equity release

Improving your home and health with equity release

Spring has sprung and homeowners up and down the country will be looking to spruce up the homestead before summer comes around.

27 Apr 2016

FSE Glasgow 2016 - Second charge lending panel discussion

FSE Glasgow 2016 - Second charge lending panel discussion

This panel session explores the second charge lending market with Alistair Ewing of the Lending Channel, Neil Molyneaux of Masthaven Finance, Ian Fergusson of Shepherds Chartered Surveyors, and Rob Jupp of Brightstar Financial.

27 Apr 2016

FSE Glasgow 2016 - How tax change & welfare reform has changed financial protection need

FSE Glasgow 2016 - How tax change & welfare reform has changed financial protection need

A look at a number of reforms that give good reason to talk to personal and business clients about their financial protection needs, plus best practice in how to open and develop appropriate financial protection discussions, from Johnny Timpson at Scottish Widows.

27 Apr 2016

FSE Glasgow 2016 - Buy-to-let mortgages: a look to the future

FSE Glasgow 2016 - Buy-to-let mortgages: a look to the future

Rob Barnard of Aldermore Bank explores the ongoing evolution of the buy-to-let market, and what we think the future holds for intermediaries and landlords alike.

27 Apr 2016

FSE Glasgow 2016 - A modern look at second charge lending

FSE Glasgow 2016 - A modern look at second charge lending

While secured loans might never be classed as mainstream products, changing regulation has now insisted that they become part of every mortgage adviser's toolbag. Even if you have never considered how a secured loan might suit a client's needs, now is the time to make it a priority - Alistair Ewing of The Lending Channel discusses.

27 Apr 2016

FSE Glasgow 2016 - Debunking the myths around equity release

FSE Glasgow 2016 - Debunking the myths around equity release

Gary Webster, Head of Partnerships at Equity Release Supermarket, gives a straight-talking and honest look at equity release - including its positives and when it can be right for your clients, as well as the drawbacks.

27 Apr 2016

Industry Marathon runners raise thousands for charity

Industry Marathon runners raise thousands for charity

Well known names from across the financial services industry completed the London Marathon on Sunday to raise money for national childrens' charities.

27 Apr 2016

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