Latest News

TSB and Skipton cut residential rates

TSB and Skipton cut residential rates

TSB and Skipton Building Society have both announced rate cuts across their residential mortgage ranges.

21 Oct 2015

Specialist lender launches pilot range with L&G and Tenet

Specialist lender launches pilot range with L&G and Tenet

Bluestone Mortgages has today announced its launch in the UK, offering a specialist product range exclusively through Legal & General Mortgage Club and Tenet Group ahead of a full market launch in the coming months.

21 Oct 2015

Advisers who ignore sunset clause "could see profits halved"

Advisers who ignore sunset clause "could see profits halved"

Nucleus has warned that advisory firms could see their profits dip by more than half unless they urgently put in place an action plan to address the implications of the sunset clause.

21 Oct 2015

British Money to exit PPI sector after FCA 'discrimination'

British Money to exit PPI sector after FCA 'discrimination'

British Money director, Simon Burgess, is withdrawing from the PPI sector in response to what he says is the FCA's continued determination to discriminate against the product and expose providers to further compensation claims.

21 Oct 2015

HMRC: residential transactions see month-on-month rise

HMRC: residential transactions see month-on-month rise

The number of residential property transactions increased by 0.8% between August and September, according to the latest Property Transaction Statistics from HMRC.

21 Oct 2015

Barclays cuts HTB rates and launches fee-free range

Barclays cuts HTB rates and launches fee-free range

Barclays Mortgages is launching new products that include up to £1,000 cash back for purchase only products with LTVs from 60 to 90%, and fee-free options at 75, 85 and 90% LTV.

21 Oct 2015

Equity Release Council: Government and regulators must do more

Equity Release Council: Government and regulators must do more

The Equity Release Council has outlined key recommendations for government to help equity release meet the challenges of an ageing society, calling on HM Treasury to take a lead on coordinating relevant policy to benefit consumers.

21 Oct 2015

Bank of England reveals approach to UK stress testing

iStock_000009992808Large.jpg

Bank of England reveals approach to UK stress testing

The Bank of England has today published its approach to stress testing the UK banking system for the next three years.

21 Oct 2015

Loan software provider continues to expand as demand grows

Loan software provider continues to expand as demand grows

Equiniti Pancredit, provider of credit sourcing and loan software for the lending and consumer finance industry, has today announced 14 new appointments following a 38% year-on-year revenue growth in 2014.

21 Oct 2015

P2PFA unveils new transparency standards

P2PFA unveils new transparency standards

The P2PFA has unveiled new operating principles for its members in a bid to strengthen standards of transparency, risk management and governance in the P2P lending sector and to ensure that members continue to set a benchmark of good practice across the market.

21 Oct 2015

 

Shawbrook removes 3% margin increase across STL range

Shawbrook removes 3% margin increase across STL range

Shawbrook Bank has today announced the removal of the 3% margin increase across its Short Term Loan product range.

21 Oct 2015

The Mansfield relaunches BTL intermediary range

The Mansfield relaunches BTL intermediary range

The Mansfield Building Society has relaunched its range of buy to let mortgages into the intermediary market.

21 Oct 2015

DB pensions raid will prompt a "significant increase of transfers from UK"

DB pensions raid will prompt a "significant increase of transfers from UK"

A major government raid on final salary pensions would trigger "a significant increase of pension transfers out of Britain", according to Nigel Green, founder and CEO of deVere Group.

20 Oct 2015

Average earners in the south face 100-year wait to save deposit

Average earners in the south face 100-year wait to save deposit

Average wage earners could be looking at saving for more than 100 years to afford an average priced property where they live.

20 Oct 2015

Half of brokers still not utilising social media

Half of brokers still not utilising social media

Two thirds of brokers regularly use social media but only 56% use it for business purposes, suggesting that many are wary of using social media or feel that it doesn't offer any benefit to their business.

20 Oct 2015

Hinckley & Rugby launches high-LTV lifetime discount range

Hinckley & Rugby launches high-LTV lifetime discount range

Hinckley & Rugby Building Society has launched two new lifetime discount mortgages at 90 and 95% LTV.

20 Oct 2015

Aldermore launches lowest ever five-year BTL rate

Aldermore launches lowest ever five-year BTL rate

Aldermore has today released a new limited edition buy-to let remortgage product, the Bank's lowest ever five-year fixed rate.

20 Oct 2015

Remortgagors seeking intermediary help drops 13%

Remortgagors seeking intermediary help drops 13%

There has been a 5% monthly fall in the number of remortgagors consulting intermediaries, from 38% in July and August to 33% in September, according to findings from LMS.

20 Oct 2015

Coventry BS enhances residential and BTL ranges

Coventry BS enhances residential and BTL ranges

Coventry for intermediaries has enhanced its five-year fixed residential and buy to let ranges with new products starting at 2.34%.

20 Oct 2015

FHL to launch limited company BTL range

FHL to launch limited company BTL range

3mc, the Cheshire based national packager and mortgage club, has announced that it is trialling Foundation Home Loans' new limited company product, ahead of a formal launch in November.

20 Oct 2015

Brightstar launches Development Finance Division

Brightstar launches Development Finance Division

Brightstar has launched a new division to deal with the growing demand for development finance, aiming to help brokers with specialist support for all of their developer clients.

20 Oct 2015

L&G: holistic view of retirement advice is needed

Retirement

L&G: holistic view of retirement advice is needed

Legal & General Home Finance has today warned that the lack of holistic distribution expertise covering pensions, retirement income planning and equity release may hamper the future development of the at- and in-retirement markets.

19 Oct 2015

Skipton BS utilises Mortgage Brain's product data

Skipton BS utilises Mortgage Brain's product data

Skipton Building Society has adopted a customised version of Mortgage Brain's mortgage product data analysis and is using it to gain insight on the position and competitiveness of its products.

19 Oct 2015

70% still in the dark about FCA requirements

70% still in the dark about FCA requirements

A poll exploring the industry's attitudes towards FCA regulation found that over a third of people still don't feel their companies are well-prepared for new regulatory requirements.

19 Oct 2015

HSBC to remain in UK after regulatory reforms

HSBC to remain in UK after regulatory reforms

HSBC is considering keeping its headquarters in the UK after the government watered down a number of banking regulations.

19 Oct 2015

Advisers say accountant links key to 'opening new markets'

Advisers say accountant links key to 'opening new markets'

Financial adviser firms believe that working more closely with accountants will help open new markets including targeting major companies and individual directors, according to new research by Prudential.

19 Oct 2015

Partnership's Enhanced Retirement Account goes live

Partnership's Enhanced Retirement Account goes live

Partnership has announced that following a national intermediary education and engagement programme, it is now able to provide binding quotes for its Enhanced Retirement Account.

19 Oct 2015

First-time buyer prices surge 10% as demand intensifies

First-time buyer prices surge 10% as demand intensifies

October saw a new all-time high of £296,549 for the price of property coming to market, fuelled by high demand for first-time buyer properties, according to the latest Rightmove house price index.

19 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