Latest News

3mc to distribute Paragon's Premier range

3mc to distribute Paragon's Premier range

3mc has become a distributor of Paragon's Premier range of buy-to-let mortgages.

29 Oct 2015

Nationwide: October house prices up 0.6%

Nationwide: October house prices up 0.6%

UK house prices increased by 0.6% in October, with the annual pace of price growth edging up to 3.9% from 3.8% in September, according to the latest Nationwide house price index.

29 Oct 2015

Barclays Q3 profits drop 10%

Barclays Q3 profits drop 10%

Barclays' pre-tax profit fell to £1.43 billion in Q3, compared to £1.59 billion in the same period a year earlier.

29 Oct 2015

CMA clears Just Retirement and Partnership merger

CMA clears Just Retirement and Partnership merger

The CMA has unconditionally cleared the recommended all-share merger of Just Retirement and Partnership Assurance to create JRP Group following its Phase 1 investigation.

28 Oct 2015

Legal & General joins Pepper Homeloans

Legal & General joins Pepper Homeloans

Pepper Homeloans has today announced the addition of Legal & General Mortgage Club to its network of distributors in the UK.

28 Oct 2015

Newcastle Intermediaries launches 2.60% 5 year fix

Newcastle Intermediaries launches 2.60% 5 year fix

Newcastle Intermediaries has launched a 2.60% five year fixed rate mortgage product aimed at residential buyers who have a larger loan size.

28 Oct 2015

Broker Conveyancing: quarterly completions up 31%

Broker Conveyancing: quarterly completions up 31%

Broker Conveyancing has revealed its quarterly completion levels for both purchases and remortgages were up considerably in Q3 compared to Q2.

28 Oct 2015

FCA toughens rules on payday loan comparison sites

FCA toughens rules on payday loan comparison sites

The Financial Conduct Authority will consult on additional standards for price comparison websites displaying payday loans in response to a CMA payday lending market investigation.

28 Oct 2015

Jes Staley confirmed as new Barclays Chief Executive

Jes Staley confirmed as new Barclays Chief Executive

Barclays has confirmed that James Staley has been appointed as Group Chief Executive Officer and will join the Barclays Boards as a Director, with effect from 1 December 2015.

28 Oct 2015

SunLife enhances critical illness offering

SunLife enhances critical illness offering

SunLife has enhanced its critical illness definitions to make it easier for customers to claim.

28 Oct 2015

 

Land Registry: weak supply drives monthly house price growth

Land Registry: weak supply drives monthly house price growth

The September data from the Land Registry shows a monthly house price increase of 1.0%.

28 Oct 2015

MPs launch inquiry into new State Pension

MPs launch inquiry into new State Pension

The Work and Pensions Committee have launched an inquiry into the new State Pension introduced in April 2016, after "concerns have been raised that many of those who will be affected by the changes do not know enough about the changes or exactly what they will mean for their pensions".

28 Oct 2015

Lloyds sets aside further £500m PPI provision

Latest News

Lloyds sets aside further £500m PPI provision

Lloyds Banking Group set aside a further PPI provision of £500 million in Q3, bringing the total amount to almost £14bn.

28 Oct 2015

Masthaven reduces resi, BTL and secured loan rates

Masthaven reduces resi, BTL and secured loan rates

Masthaven Secured Loans has announced a new round of overall enhancements to its range of secured loans, first charge residential and Buy to Let mortgages, including a reduction in interest rates across the entire product range, with rates now starting from 6.9%.

28 Oct 2015

Treasury delays pension tax relief announcement

Treasury delays pension tax relief announcement

George Osborne has confirmed that the Treasury will produce the government's final response to its pension tax consultation in next year's budget, and not in the Autumn Statement as had been predicted.

28 Oct 2015

96% choose to fix as mortgage rates rise

96% choose to fix as mortgage rates rise

The popularity of fixed mortgage rates has reached new heights as 96% of homebuyers opted to fix during September for a second successive month: the first time this has happened since the Bank of England base rate was lowered to 0.5% in March 2009.

28 Oct 2015

The survival of the banking industry

The survival of the banking industry

Since the onset of the financial crisis, the level of 'bank bashing' has reached new heights. From Libor manipulation to tax evasion to the misconduct of selling products, perhaps it is not surprising that confidence in the financial services sector has plummeted.

27 Oct 2015

United Trust Bank appoints new Head of Credit

United Trust Bank appoints new Head of Credit

United Trust Bank has appointed Rob Sherr as Chief Credit Officer.

27 Oct 2015

L&G's network rebrands to Housing Partnerships

L&G's network rebrands to Housing Partnerships

Legal & General has announced that from today the Legal & General Network will be known as Legal & General Housing Partnerships.

27 Oct 2015

Santander launches new BTL and large loan ranges

Santander launches new BTL and large loan ranges

Santander has launched a new range of buy to let and residential large loan products aimed at second steppers, homemovers and those keen to invest in property.

27 Oct 2015

GDP growth falls to 0.5% in Q3

GDP growth falls to 0.5% in Q3

GDP is estimated to have increased by 0.5% in Quarter 3 2015 compared with growth of 0.7% in Q2, according to preliminary ONS estimates.

27 Oct 2015

Competitive rates boost FTB market share: NAEA

Latest News

Competitive rates boost FTB market share: NAEA

First-time buyers accounted for 29% of all sales in September, compared to 20% in August - the highest since May this year, according to the National Association of Estate Agents.

27 Oct 2015

Mortgage Trust revamps BTL range

Mortgage Trust revamps BTL range

Mortgage Trust has revamped its buy-to-let product range, launching 24 new fixed rate products with a variety of terms and LTV limits available.

27 Oct 2015

One in seven will use ISA withdrawal feature

One in seven will use ISA withdrawal feature

One in seven ISA investors say they will definitely take advantage of new rules which will enable them to withdraw money and reinvest without affecting their tax-free allowance, according to research from Yorkshire Building Society.

27 Oct 2015

Guidance - what should and shouldn't be covered?

Guidance - what should and shouldn't be covered?

When I look at the glut of industry comments focused on the current, and any future, Pension Wise guidance interview, I can't help but think of The Rolling Stones' song, 'You can't always get what you want'.

27 Oct 2015

Equity release sees biggest quarterly rise for 11 years

Equity release sees biggest quarterly rise for 11 years

Equity release lending in Q3 2015 increased by £68.3m compared with the previous quarter: the biggest quarterly rise since Q2-Q3 2004 (£78.4m).

27 Oct 2015

L&G Mortgage Club launches Lifetime Mortgage referral panel

L&G Mortgage Club launches Lifetime Mortgage referral panel

Legal & General Mortgage Club has today announced the launch of its Lifetime Mortgage referral panel, which aims to help brokers provide a greater range of products to older homeowners.

26 Oct 2015

Investec reduces professional mortgage rates

Investec reduces professional mortgage rates

Investec Private Banking has reduced its three and five-year fixed rates by up to 0.3% on its range of residential Investec Professional Mortgages.

26 Oct 2015

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