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BoE to take "all necessary steps" to ensure stability

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BoE to take "all necessary steps" to ensure stability

The Bank of England has released a statement in response to the Brexit vote, saying it will take “all necessary steps” to ensure monetary and financial stability.

24 Jun 2016

Investments into UK equities fall 63% ahead of EU vote

Investments into UK equities fall 63% ahead of EU vote

UK investors have reduced their investment in UK and European equities and markedly increased their holdings in cash in the run-up to the EU referendum, according to investment platform rplan.

23 Jun 2016

Empowering brokers in the ‘FinTech’ age

Empowering brokers in the ‘FinTech’ age

In today’s highly competitive property market, brokers are under considerable pressure to ensure that the mortgage application process is both fast and efficient for customers. After all, today’s homebuyers rely on the speed of their broker to secure the properties they want.

23 Jun 2016

Positive Lending uses Precise AVM for first same day bridge

Positive Lending uses Precise AVM for first same day bridge

Positive Lending has provided their first ‘same day’ bridging offer by using Precise Mortgage’s new Automated Valuation process.

23 Jun 2016

Skipton launches 1.69% exclusive with Personal Touch

Skipton launches 1.69% exclusive with Personal Touch

Skipton Building Society has launched an exclusive two year fixed mortgage with Personal Touch Financial Services, available for purchase and remortgage at 1.69% up to 75% LTV.

23 Jun 2016

Majority say savings more reliable than protection

Majority say savings more reliable than protection

Over half (55%) of people see savings as a more reliable way of dealing with financial problems, rather than taking out an insurance policy, and just 9% disagreed that savings offer a better way to protect family finances than protection.

23 Jun 2016

Pension investments hit record £8bn in Q1

Pension investments hit record £8bn in Q1

Pension investments reached record highs in Q1 with over £8 billion inflows (including transfers) - a 4.4% rise from the previous quarter, according to Equifax Touchstone.

23 Jun 2016

TSB cuts FTB rates by up to 0.60%

TSB cuts FTB rates by up to 0.60%

TSB has reduced rates on its two-year and five-year fixes for first time buyers and homemovers – with some seeing cuts of 0.60%.

23 Jun 2016

TenetLime adds Uinsure to panel

TenetLime adds Uinsure to panel

TenetLime has added B2B general insurance provider, Uinsure, to its panel.

23 Jun 2016

SortRefer appoints Head of Sales

SortRefer appoints Head of Sales

SortRefer has appointed Phil Goff as Head of Sales.

23 Jun 2016

 

Yorkshire BS launches record low FTB rate at 1.98%

Yorkshire BS launches record low FTB rate at 1.98%

Yorkshire Building Society has launched a 90% LTV two-year fixed rate at 1.98%, which it says is the lowest available on the market.

23 Jun 2016

Football legends show their support for FS Cup

Football legends show their support for FS Cup

Front Events have announced that a host of ex-professional footballers will be joining the teams at next month's Financial Services Cup – the charity 6-a-side football tournament.

22 Jun 2016

Goldsmith Williams launches dedicated Precise bridging team

Goldsmith Williams launches dedicated Precise bridging team

Goldsmith Williams has announced the launch of a dedicated bridging team for Precise Mortgages with the appointment of Tara McDermott and Emma Lynch as Team Precise Bridging.

22 Jun 2016

Govt to warn 100,000 failing to qualify for state pension

Govt to warn 100,000 failing to qualify for state pension

The Government has agreed to write directly to people who do not meet the Minimum Qualifying Period for the new state pension.

22 Jun 2016

Accord launches 90% LTV three-year fixes

Accord launches 90% LTV three-year fixes

Accord Mortgages has launched a selection of new three-year fixed rate mortgages, available for purchase or remortgage from 2.04%.

22 Jun 2016

Mortgages remain the hardest product to switch

Mortgages remain the hardest product to switch

Mortgages remain the hardest financial product to switch, with just 61% of people saying they found the mortgage switching process easy.

22 Jun 2016

Virgin to pay proc fees for product switching

Virgin to pay proc fees for product switching

Virgin Money has announced that it will be rolling out product switching with procuration fees for brokers from July.

22 Jun 2016

Residential mortgage sales hit eight-year high

Residential mortgage sales hit eight-year high

Residential mortgage sales flourished during May, reaching figures not seen since 2008, according to Equifax Touchstone analysis.

22 Jun 2016

Working Group to tackle failed housing transactions

Working Group to tackle failed housing transactions

The Conveyancing Association has established a Working Group to deliver its response to a Department for Business Innovation and Skills ‘Call for evidence’, which aims to cut down on the thousands of failed transactions that take place each year.

22 Jun 2016

Evolve with the present and plan for the future

Evolve with the present and plan for the future

The age-old saying “Predicting the future is easy, getting it right is the hard part” has long proved itself to be truthful one. Not that this has ever stopped people from trying. A fact underlined by the many infamous predictions of times gone by.

22 Jun 2016

Mansfield BS extends Shared Ownership distribution

Mansfield BS extends Shared Ownership distribution

Mansfield Building Society has widened the availability of its Shared Ownership scheme by extending its Discounted Rate product for purchase, remortgage and staircasing to all brokers.

22 Jun 2016

Fluent Money cuts fraud risks with new technology

Fluent Money cuts fraud risks with new technology

Fluent Money is aiming to cut identity fraud by investing in an ID scanning solution to check documents confirming identity requested by lenders.

22 Jun 2016

Brexit fears wipe £26,000 off London house prices

Brexit fears wipe £26,000 off London house prices

London house prices have fallen by £26,000 due to EU Referendum uncertainty, and Eurozone buyers are taking advantage of this 5.3% discount, according London estate agents Stirling Ackroyd.

22 Jun 2016

Saffron launches interest-only occupational range

Saffron launches interest-only occupational range

Saffron For Intermediaries is offering borrowers the option to repay their mortgages on an interest-only basis across its occupational range.

21 Jun 2016

Prestige increases proc fees in range revamp

Prestige increases proc fees in range revamp

Prestige Finance has simplified its mortgage range by creating one Prime range for loans up to £2.5m.

21 Jun 2016

Precise introduces bridging AVM

Precise introduces bridging AVM

Precise Mortgages has enhanced its bridging lending process with the introduction of an Automated Valuation Model, shortening valuations timescales to minutes instead of days.

21 Jun 2016

Fleet partnership sees lending hit £0.5bn

Fleet partnership sees lending hit £0.5bn

Fleet Mortgages' relationship with asset manager BlackRock has so far resulted in over £0.5 billion of buy-to-let mortgage lending.

21 Jun 2016

FCA launches FAMR working group

FCA launches FAMR working group

The Financial Advice Working Group has been launched by the FCA in response to the FAMR report that was published in March 2016.

21 Jun 2016

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