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Co-op Bank reduces five-year fixes by 0.2%

Co-op Bank reduces five-year fixes by 0.2%

The Co-operative Bank has reduced rates across a range of fixed rate mortgages, with its five year fixed rate cut by up to 0.20%.

15 Sep 2015

July's pre-crisis lending driven by FTBs and home movers

July's pre-crisis lending driven by FTBs and home movers

House purchase lending in the UK saw its third consecutive month-on-month growth by volume and by value in July, according to the latest CML monthly lending statistics.

15 Sep 2015

Inflation drops to 0.0% in August

Inflation drops to 0.0% in August

UK inflation fell to 0% in August, from 0.1% in July, according to the Office for National Statistics.

15 Sep 2015

One in seven over 70s still have a mortgage

One in seven over 70s still have a mortgage

Seven million over 50s still have a mortgage and on average they will need to find £50,000 to be mortgage free, according to research by the Saga Equity Release Advice Service.

15 Sep 2015

ONS: house price growth slows to 5.2%

ONS: house price growth slows to 5.2%

The UK housing market continued to show signs of easing in July 2015, with annual house price growth slowing to 5.2% - the lowest rate of change since September 2013, according to the latest ONS house price index.

15 Sep 2015

Virgin cuts resi rates and launches intermediary exclusive

Virgin cuts resi rates and launches intermediary exclusive

Virgin Money is introducing a new residential intermediary exclusive product and reducing tracker and fixed rates across a range of products by up to 0.40%.

15 Sep 2015

Advisers risk falling foul of FCA's social media rules

Advisers risk falling foul of FCA's social media rules

While UK advisers are finding social media channels increasingly useful for attracting new clients, the majority are yet to have formal written policies in place for employees, according to an Intelliflo survey.

15 Sep 2015

IRESS announces two software acquisitions

IRESS announces two software acquisitions

IRESS today announces it has made two separate acquisitions in a bid to boost its presence in both the capital markets and discretionary fund management space within the UK.

15 Sep 2015

HTB fails to help FTBs as deposit size hits £32k

HTB fails to help FTBs as deposit size hits £32k

The average deposit size for first-time buyers rose to 20% at the end of Q2, the largest amount for a year, according to the latest Genworth/Moneyfacts Mortgage LTV Tracker.

15 Sep 2015

Supply drought worsens as listings drop by a fifth since June

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Supply drought worsens as listings drop by a fifth since June

After July saw new properties being listed by estate agents down 13.2% across the UK, August has seen a further 6.6% fall in new listings, according to HouseSimple.com.

15 Sep 2015

 

Personal Touch adds Teachers BS to panel

Personal Touch adds Teachers BS to panel

Teachers Building Society has announced that it will join the Personal Touch Financial Services' mortgage panel.

14 Sep 2015

Investment platform axes trail commission ahead of FCA deadline

Investment platform axes trail commission ahead of FCA deadline

Rplan.co.uk, the online investment platform, has discontinued trail commission charged on its customers funds seven months ahead of the 6 April 2016 deadline set under the Financial Conduct Authority's 'sunset clause'.

14 Sep 2015

IFAs: multi asset products best for post-retirement income

IFAs: multi asset products best for post-retirement income

More than half (56%) of IFAs believe that multi asset funds are the most suitable for people post retirement looking to generate an income over a 20 year retirement, according to new research from Baring Asset Management.

14 Sep 2015

Equity Release Club links with Marsden BS in retired mortgage drive

Equity Release Club links with Marsden BS in retired mortgage drive

The Equity Release Club has today announced a link-up with Marsden Building Society supporting new mortgage products for those in retirement.

14 Sep 2015

First-time buyers turn to P2P as prices increase

First-time buyers turn to P2P as prices increase

Almost two thirds of Zopa's customers aged 18-40 who don't own a home are using the lending service to help raise a deposit, with over half expecting it to reduce the time it will take to reach their target.

14 Sep 2015

Front Events launches Financial Services Expo Cardiff

Front Events launches Financial Services Expo Cardiff

Front Events, the events company headed by James Prosser and responsible for the Financial Services Expo shows, has today announced the launch of a brand new event, FSE Cardiff, to take place in the Welsh capital city in June 2016.

14 Sep 2015

Pink Network to host AR conferences

Pink Network to host AR conferences

Pink Network is hosting a series of business conferences across the UK for its Appointed Representatives.

14 Sep 2015

MetLife launches flexible Guaranteed Drawdown offering

MetLife launches flexible Guaranteed Drawdown offering

MetLife has enhanced its retirement solutions with a new portfolio which provides daily lock-ins and a guaranteed income deferral rate of 5% for savers who can invest in the Secure Income Option from age 50.

14 Sep 2015

In the Spotlight with James Prosser, Front Events

In the Spotlight with James Prosser, Front Events

We had a chat with Front Events' James Prosser ahead of this year's FSE London, which will be held next week at Old Billingsgate London.

11 Sep 2015

Brightstar reports continued growth as enquiries triple

Brightstar reports continued growth as enquiries triple

Brightstar is experiencing record growth as broker enquiries continue to soar and, as a result, the specialist lender has seen a 14% increase in staff numbers since the end of June with five new staff joining in the last two months alone.

11 Sep 2015

TFC adds Harpenden BS to panel

TFC adds Harpenden BS to panel

TFC Homeloans has added Harpenden Building Society to its lender panel, enabling its brokers to get access to the mutual's range of specialist lending solutions.

11 Sep 2015

Santander to launch FTB range outside HTB

Santander to launch FTB range outside HTB

Santander is the latest lender to confirm that it will lend at 95% LTV without the assistance of HTB2 scheme.

11 Sep 2015

Borro launches into short-term resi market

Borro launches into short-term resi market

Borro, the online platform for luxury asset lending, has announced its launch into the short-term residential property loan market.

11 Sep 2015

Financial planning firm accepts £258m takeover deal

Financial planning firm accepts £258m takeover deal

Financial planning firm Jelf Group has reached a takeover agreement with insurance broker Marsh which has valued the company at approximately £258 million.

11 Sep 2015

Natwest to reintroduce interest only mortgages

Natwest to reintroduce interest only mortgages

NatWest Intermediary Solutions will be reintroducing residential interest only mortgages for new business from Monday 21 September, and will also be reintroduced to NatWest's retail channels.

11 Sep 2015

Secured lending soars 21% as sector approaches £1bn landmark

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Secured lending soars 21% as sector approaches £1bn landmark

The second charge market enjoyed a strong summer, with monthly secured lending soaring to £85.5m in July, according to the latest Enterprise Finance Secured Loan Index.

11 Sep 2015

Consumers shift to 'mobile search' for financial advice

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Consumers shift to 'mobile search' for financial advice

An increasing number of consumers search for financial advice from mobile devices as opposed to desktop computers, according to lead generation firm E-Finity Leads.

11 Sep 2015

Yorkshire BS launches sub-4% FTB rate

Yorkshire BS launches sub-4% FTB rate

Yorkshire Building Society has launched a mortgage for borrowers with a 5% deposit which is fixed for two years at a rate of 3.98%.

11 Sep 2015

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