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SimplyBiz appoints former Zurich CEO

SimplyBiz appoints former Zurich CEO

The SimplyBiz Group has appointed former Zurich CEO, David Etherington, as non-executive director.

06 Nov 2015

Chaseblue receives FCA authorisation

Chaseblue receives FCA authorisation

Chaseblue, the South Wales specialist finance packager, has received notification from the FCA that it has been fully authorised ahead of the implementation of the MCD in March 2016.

06 Nov 2015

TFC partners with Pepper Homeloans

TFC partners with Pepper Homeloans

TFC has added Pepper Homeloans to its panel of mortgage lenders.

06 Nov 2015

Pensioner property wealth to double by 2035

Pensioner property wealth to double by 2035

The total property wealth of over-55s in England will double to almost £2.5 trillion by 2035, according to research by Age Partnership.

06 Nov 2015

Partnership Q3 sales up 22% ahead of Just Retirement merger

Partnership Q3 sales up 22% ahead of Just Retirement merger

Partnership have revealed total Q3 sales of £109 million, an increase of 22% compared to Q3 2014.

05 Nov 2015

Teachers BS increases interest only offering

Teachers BS increases interest only offering

Teachers Building Society has increased its interest only mortgage option to 60% LTV.

05 Nov 2015

BoE: Bank Rate rise pushed back to Q2 2017

BoE: Bank Rate rise pushed back to Q2 2017

Since the Bank of England's last Inflation Report in August, the path for Bank Rate implied by market rates has fallen by around 40 basis points, such that it only reaches 0.75% in 2017 Q2, compared with 2016 Q3 in August, and is just 1¼ by the end of 2018.

05 Nov 2015

BoE: rate rise will be "more gradual" as MPC votes 8-1

BoE: rate rise will be "more gradual" as MPC votes 8-1

In yesterday's meeting, the Monetary Policy Committee voted by a majority of 8-1 to maintain Bank Rate at 0.5%.

05 Nov 2015

Old Mutual Wealth sales up 45% in Q3

Old Mutual Wealth sales up 45% in Q3

Old Mutual Wealth saw gross sales rise 45% in Q3 to £5.5 billion, pushing year-to-date gross sales up 32% to £15.3 billion.

05 Nov 2015

Prestige launches lowest ever Prime and Large loan rates

Prestige launches lowest ever Prime and Large loan rates

Prestige Finance, part of OneSavings Bank plc, has cut rates across its Prime & Large Loan range to offer its lowest ever variable and fixed rates on its Prime and Large loan products.

05 Nov 2015

 

360DotNet integrates SortRefer's conveyancing portal

360DotNet integrates SortRefer's conveyancing portal

360DotNet have announced the full integration of SortRefer's online conveyancing portal into its client management system 360 Lifecycle.

05 Nov 2015

Deutsche Bank fined $258m for violating US sanctions

Deutsche Bank fined $258m for violating US sanctions

US regulator, Department of Financial Services, has announced that Deutsche Bank will pay $258 million for processing transactions on behalf of countries and entities subject to U.S. sanctions, including Iran, Libya, Syria, Burma, and Sudan.

05 Nov 2015

Shawbrook's Q3 profit up 68%

Shawbrook's Q3 profit up 68%

Shawbrook's underlying profit before tax grew by 68% to £54.5m in Q3, which the Group attributed to growing demand for lending from SMEs.

05 Nov 2015

Annual house price growth rises to 9.7%

Annual house price growth rises to 9.7%

House prices in the three months to October were 9.7% higher than in the previous year - higher than September's 8.6%, and the highest since August 2014, according to the latest Halifax house price index.

05 Nov 2015

Together cuts secured loan rates

Together cuts secured loan rates

Specialist lender, Together, has cut rates on secured loan products by up to 1%.

04 Nov 2015

Intelliflo integrates Mortgage Brain's sourcing system

Intelliflo integrates Mortgage Brain's sourcing system

IT software firm Intelliflo has partnered with Mortgage Brain to offer a complete online mortgage solution for its users.

04 Nov 2015

L&G's lifetime mortgage completions hit £102m

L&G's lifetime mortgage completions hit £102m

Legal & General's lifetime mortgage completions totalled £102m year to date, with £65m of advances in Q3 and applications currently running at around £10m per week.

04 Nov 2015

Payday lender to provide £1.7m redress after FCA review

Payday lender to provide £1.7m redress after FCA review

CashEuroNet UK, the parent company of Quick Quid and Pounds to Pocket, has agreed with the Financial Conduct Authority to provide redress to almost 4,000 customers to the value of £1.7m following concerns about the firm's lending criteria.

04 Nov 2015

Accord makes further high-LTV rate reductions

Accord makes further high-LTV rate reductions

Accord is reducing its mortgages for customers with a 10% deposit by up to 0.15%, with added incentives including free standard valuation.

04 Nov 2015

FCA urges insurers not to see regulation as a challenge

FCA urges insurers not to see regulation as a challenge

The insurance sector's current position is a "challenging one", according to Tracey McDermott, Acting Chief Executive at the Financial Conduct Authority.

04 Nov 2015

Mortgage rates fall to record lows despite rate rise speculation

Mortgage rates fall to record lows despite rate rise speculation

Mortgage rates have crept down to some of their lowest ever levels again, despite speculation of a base rate rise next year, according to MoneySuperMarket.

04 Nov 2015

Clydesdale and Yorkshire launch lowest ever remortgage

Clydesdale and Yorkshire launch lowest ever remortgage

Clydesdale and Yorkshire Banks have today announced their lowest ever remortgage rates.

04 Nov 2015

Coventry BS launches new Flexx range

Coventry BS launches new Flexx range

Coventry for intermediaries has launched a new residential mortgage range offering 2 and 5 year Flexx-Fixed products and Flexx Trackers from 1.59%.

04 Nov 2015

Charter Court mortgage lending passes £2.5bn

Charter Court mortgage lending passes £2.5bn

Charter Court, the specialist challenger bank and owner of Precise Mortgages and Charter Savings Bank, has passed through £2.5 billion of mortgage completions to the end of October 2015.

04 Nov 2015

Roma Finance hires introducer relationship manager

Roma Finance hires introducer relationship manager

Roma Finance, the Manchester-based bridging and development finance lender, has announced the appointment of Vicki Ineson as Relationship Manager as the company continues to grow its product range and service offering in the bridging market.

04 Nov 2015

Equity release boosts retirement income by £75,000

Equity release boosts retirement income by £75,000

Pensioners are boosting their retirement income by an average £74,787 by cashing in on rising property prices, according to analysis from Key Retirement.

04 Nov 2015

Pension freedoms to increase family financial planning

Pension freedoms to increase family financial planning

Financial advisers expect the number of couples and families seeking joint advice on retirement planning to increase as a result of the recent pension freedoms, according to new research by Prudential.

04 Nov 2015

Arrests made in auto-enrolment fraud operation

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Arrests made in auto-enrolment fraud operation

Six people have today been arrested as part of a joint operation involving Derbyshire and Nottinghamshire police, The Pensions Regulator and the Employment Agency Standards Inspectorate.

03 Nov 2015

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