Latest News

Yorkshire BS launches 3.78% FTB rate

Yorkshire BS launches 3.78% FTB rate

Yorkshire Building Society has launched a 3.78% two-year fixed rate mortgage for customers with a 5% deposit.

26 Oct 2015

Payday lender to provide £15.4m redress after FCA review

Payday lender to provide £15.4m redress after FCA review

Dollar Financial UK has agreed with the Financial Conduct Authority to refund over £15.4 million to 147,000 customers, who may have suffered detriment as a result of the firm's affordability checks, debt collection practices and systems errors.

26 Oct 2015

Cebr: house prices to rise £60k by 2020

Cebr: house prices to rise £60k by 2020

The Centre for Economics and Business Research has revised its annual house price growth forecast, and now expects average house prices to rise by 5.6% - up from its June forecast of 4.7% growth.

26 Oct 2015

FCA bans former hedge fund manager after fraud conviction

FCA bans former hedge fund manager after fraud conviction

The Financial Conduct Authority has today banned Magnus Michael Peterson, the former head of the hedge fund Weavering Macro Fixed Income Fund Limited, from performing any function related to any regulated activity.

26 Oct 2015

London & Country adopts UnderwriteMe

London & Country adopts UnderwriteMe

London & Country Mortgages has announced that it will be integrating the UnderwriteMe comparison service into its sales teams.

26 Oct 2015

BBA: remortgagors fuel strong September lending

BBA: remortgagors fuel strong September lending

The number of mortgage approvals in September rose 24% year-on-year, with remortgaging up 40% and house purchase up 14%, according to the latest BBA figures.

26 Oct 2015

Fleet Mortgages partners with Connells Group

Fleet Mortgages partners with Connells Group

Fleet Mortgages has today announced a new partnership with mortgage services provider, Connells Group.

26 Oct 2015

Stonebridge Group appoints two conveyancing operators

Stonebridge Group appoints two conveyancing operators

Stonebridge Group has today appointed two conveyancing operators, BM Solutions Conveyancing and eConveyancer, part of the ULS Group, as preferred providers to the network.

26 Oct 2015

FHL urges brokers to counteract BTL criticism

FHL urges brokers to counteract BTL criticism

Foundation Home Loans' Business Development Director, Paul Brett, has urged brokers not to be put off by the negative sentiment being expressed about Buy to Let.

26 Oct 2015

Brightstar achieves FCA authorisation

Brightstar achieves FCA authorisation

Brightstar Financial has achieved authorisation by the FCA.

26 Oct 2015

 

Scotland defies UK decline in million pound home sales

Scotland defies UK decline in million pound home sales

The number of property sales worth at least a million pounds has fallen in the first half of 2015, according to the latest research from Lloyds Bank.

24 Oct 2015

Wealth available through equity release tops £350bn

Wealth available through equity release tops £350bn

The continued strength of the UK housing market in Q2 2015 has pushed the potential wealth available to over 55s through equity release over £350bn - a 4.5% quarterly increase according to research from Retirement Advantage.

23 Oct 2015

In the Spotlight with Tim Kirby, Quint Group

In the Spotlight with Tim Kirby, Quint Group

We spoke to Tim Kirby, Group Sales Director at Quint, about the firm's recent FCA approval and how the market will change over the next 12 months.

23 Oct 2015

FCA fines Sale and Rent Back company for regulatory failures

FCA fines Sale and Rent Back company for regulatory failures

The FCA has imposed a financial penalty of £26,600 on Sale and Rent Back firm Quick Purchase for not ensuring that its transactions were affordable and appropriate for its consumers.

23 Oct 2015

Only a third predict rate rise in next six months

Only a third predict rate rise in next six months

UK households were less likely to predict an interest rate rise before the end of the year during October, according to the latest Markit Household Finance Index.

23 Oct 2015

"I didn't know it could do that"

"I didn't know it could do that"

When it comes to technology, how often have you said this when it comes to the tech you use, the software you have installed, the apps that you download, and all other kinds of gadgets that you might have around the home or office?

23 Oct 2015

Can the post-election house price surge be sustained?

shutterstock_69404605.jpg

Can the post-election house price surge be sustained?

There are signs that the underlying rate of house price growth has peaked, as thirteen of the twenty cities tracked by the Hometrack Cities Index have registered a slower rate of growth post-election.

23 Oct 2015

Homeowners anticipate 7.2% price rise

Homeowners anticipate 7.2% price rise

92% of homeowners are anticipating prices in their area to rise within the next six months - a steady increase from a year ago when only 88% were confident, according to the latest Zoopla Housing Market Sentiment Survey.

23 Oct 2015

Lender panel says 2016 will be 'positive' for buy to let

Lender panel says 2016 will be 'positive' for buy to let

Speaking at the Buy to Let Club Event in Manchester this week, a number of industry experts discussed various issues facing the buy to let industry.

23 Oct 2015

FCA: post freedom annuity sales down 90%

FCA: post freedom annuity sales down 90%

Sales of annuities to pensioners have fallen by almost 90% since the Chancellor gave retirees the freedom to choose how to spend or invest their pension pots, according to the FCA's acting Chief Executive Tracey McDermott.

23 Oct 2015

Bridging lending up 27% as borrowers capitalise on low rates

Bridging lending up 27% as borrowers capitalise on low rates

Annual gross bridging lending increased by 27% in the twelve months to the end of August, according to the latest West One Loans Bridging Index.

23 Oct 2015

FCA Chief: intensity and volume of regulation is unsustainable

FCA Chief: intensity and volume of regulation is unsustainable

Tracey McDermott, Acting Chief Executive at the FCA, has admitted that "the intensity and volume of regulatory activity over recent years is not sustainable - for regulators or for the industry".

23 Oct 2015

Mind the gap: how equity release can help fill the savings void between men and women

Mind the gap: how equity release can help fill the savings void between men and women

Every person approaching retirement deserves to be confident about their post-work life, but, in reality, vast numbers of people feel that their finances are not in a suitable position.

22 Oct 2015

FCA to remove "ineffective" communication rules

FCA to remove "ineffective" communication rules

The Financial Conduct Authority has announced plans to remove a number of ineffective communication requirements from its handbook.

22 Oct 2015

Osborne: BoE mortgage powers extended to BTL

Osborne: BoE mortgage powers extended to BTL

George Osborne has confirmed that he will extend the Bank of England and the Financial Policy Committee's powers on mortgages to the buy-to-let market.

22 Oct 2015

AA: home insurance premiums "artificially low"

AA: home insurance premiums "artificially low"

Home insurance premiums continue to fall despite industry concern that claims costs will soon exceed premium income, according to the AA.

22 Oct 2015

Over half of millennials seek guaranteed pension income

Over half of millennials seek guaranteed pension income

10% of people are more likely to seek a guaranteed income than they were in the immediate aftermath of the introduction of pension freedoms in April, according to data from eValue.

22 Oct 2015

Majority of interest-only homeowners face repayment struggle

Majority of interest-only homeowners face repayment struggle

Almost three-quarters of homeowners with interest-only mortgages are worried they may not be able to repay their loan, according to research by Ocean Finance.

22 Oct 2015

Latest Money Careers

Popular this week

Buy-to-Let Roadshow
April 2017

18th-21st April

4 days
7 specialists
4 locations
Free to attend

Click here to register now