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Welsh house purchase activity soars 29% in Q2

Welsh house purchase activity soars 29% in Q2

House purchase activity in Wales rose by nearly a third in Q2 compared to the first quarter of the year, but saw a slight decline in loan volumes compared to Q2 2014, according to the latest CML data.

26 Aug 2015

Precise refreshes entire second charge resi range

Precise refreshes entire second charge resi range

Precise Mortgages has today refreshed its entire range of residential second charge loan products.

26 Aug 2015

Paradigm announces Virgin exclusives for Caerus members

Paradigm announces Virgin exclusives for Caerus members

Paradigm Mortgage Services has announced a number of product exclusives from Virgin Money exclusively available for members of network Caerus Financial Ltd.

26 Aug 2015

Smart Money announces new network partnership

Smart Money announces new network partnership

Second charge packager Smart Money has announced a new partnership with Scottish-based ER Network.

26 Aug 2015

The price of advice - time for something in between?

The price of advice - time for something in between?

The joint announcement by the Treasury and the FCA of another review into financial advice was nothing but predictable, which is not to say of course that it isn't warranted.

25 Aug 2015

Remortgage lending almost doubles in July

Remortgage lending almost doubles in July

The number of remortgage loans reached 46,000 in July - 47% higher than the previous month and the highest figure seen since November 2008.

25 Aug 2015

Tavistock to close recently acquired Financial network

Tavistock to close recently acquired Financial network

Tavistock Investments has reported a post-tax loss of £864,000 for the fifteen months ended March 2015, which the group described as a "period of construction".

25 Aug 2015

Kensington Group set to launch new lender

Kensington Group set to launch new lender

The Kensington Group are set to launch a new residential and BTL lending brand, according to reports.

25 Aug 2015

DB to DC transfers double following pension reforms

DB to DC transfers double following pension reforms

Selectapension has seen twice as many people (+106%) looking to review their DB scheme in the three month period following the introduction of pension freedoms, compared to the same period a year ago.

25 Aug 2015

Zurich makes £5.6bn offer for rival RSA

Zurich makes £5.6bn offer for rival RSA

RSA Insurance has revealed that it has accepted a provisional £5.6bn takeover proposal from Zurich.

25 Aug 2015

 

FOS reveals adviser complaint figures

FOS reveals adviser complaint figures

The Financial Ombudsman Service has released figures of the top five most complained about adviser businesses in H1 2015.

25 Aug 2015

BSA: European rules could hinder fixed-rate lending

BSA: European rules could hinder fixed-rate lending

The BSA has warned that the proposed European Market Infrastructure Regulation could force smaller lenders out of the fixed-rate market.

25 Aug 2015

PFS to accredit later life advisers

PFS to accredit later life advisers

The Personal Finance Society is launching accreditation for specialists in retirement planning and later life advice to meet increasing public demand.

25 Aug 2015

Carney faces scrutiny over MPC member's independence

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Carney faces scrutiny over MPC member's independence

Andrew Tyrie, Chairman of the Treasury Committee, has today written Bank of England Governor Mark Carney asking him to undertake a review of the Code of Conduct for members of the MPC.

24 Aug 2015

Monmouthshire BS launches new resi and BTL ranges

Monmouthshire BS launches new resi and BTL ranges

Monmouthshire Building Society has launched a new range of two year fixed rate house purchase and remortgage products.

24 Aug 2015

Advisers urged to help tackle protection gap

Advisers urged to help tackle protection gap

Cirencester Friendly has urged advisers to help tackle the problem of Britons being unprepared for a long-term, health-enforced absence from work.

24 Aug 2015

Remortgage business sees further drop in Q2

Remortgage business sees further drop in Q2

The number of owner-occupied remortgages declined in the second quarter - down from 35% in Q1 to 32% in Q2. The level of remortgage business has now halved since pre-crisis levels.

24 Aug 2015

Lloyds share sales reach £14.5bn

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Lloyds share sales reach £14.5bn

The government has sold a further 1% shareholding in Lloyds Banking Group through the trading plan launched in December, taking the total raised for the taxpayer to £14.5 billion and reducing the government's shareholding to below 13%.

24 Aug 2015

Gazumping down 40% as southern demand levels

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Gazumping down 40% as southern demand levels

Despite a shortage of inventory on the UK property market, the number of UK buyers being gazumped has dropped over the last 10 months, according to eMoov.

24 Aug 2015

Access 4 Finance celebrates 3rd anniversary

Access 4 Finance celebrates 3rd anniversary

This week secured loan master broker Access 4 Finance are celebrating the 3rd anniversary of their first completion with Shawbrook Bank.

24 Aug 2015

96% of advisers expect further pension changes

96% of advisers expect further pension changes

As the Government sets out to introduce a new single tier state pension, only 4% of financial advisers think the state pension will remain in its current form in 30 years' time, according to research from Aegon UK.

24 Aug 2015

Housing demand at eleven-year high

Housing demand at eleven-year high

The number of house hunters registered per branch is now at the highest level recorded in eleven years, while available housing also saw a 25% rise, according to research from the NAEA.

24 Aug 2015

Amicus completes £100m mortgage-backed securitisation

Amicus completes £100m mortgage-backed securitisation

Amicus Finance has announced that it has completed a £100m short-term mortgage-backed securitisation.

24 Aug 2015

Masthaven to expand underwriting team

Masthaven to expand underwriting team

Masthaven Finance has announced a recruitment drive to increase its head office underwriting and administration teams.

24 Aug 2015

Financial Reporter to curate new seminar theatre at FSE London 2015

Financial Reporter to curate new seminar theatre at FSE London 2015

Following the success of the Financial Reporter and AMI seminar theatre at FSE Manchester, Financial Reporter is delighted to announce that it will host its first independent seminar theatre at the upcoming Financial Services Expo London, which will be held at Old Billingsgate on the 16th and 17th of September.

24 Aug 2015

Rising rents and low mortgage rates save FTBs £670

Rising rents and low mortgage rates save FTBs £670

The cost of buying a home for first-time buyers is now £670 a year lower than renting, according to research by Halifax.

23 Aug 2015

In the Spotlight with Andrew Payton, Hinckley and Rugby Building Society

In the Spotlight with Andrew Payton, Hinckley and Rugby Building Society

We spoke to Andrew Payton, Finance Director at Hinckley and Rugby Building Society, about the challenges of regulation within the industry and the benefits of being a smaller lender.

21 Aug 2015

Tyrie criticises Osborne's Budget analysis

Tyrie criticises Osborne's Budget analysis

Andrew Tyrie MP, Chairman of the Treasury Committee, has written to George Osborne about the distributional analysis accompanying the Summer Budget.

21 Aug 2015

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