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London new build schemes charge 20% premium

London new build schemes charge 20% premium

Inner London is being impacted by the proliferation of high value new build schemes which are sold at a "significant premium to true market value".

07 Mar 2016

Short-term lender receives FCA authorisation

Short-term lender receives FCA authorisation

Short-term loan provider Uncle Buck has received authorisation from the FCA following an "extensive assessment of its business practices and management".

07 Mar 2016

Voting opens for the Financial Reporter Awards 2016

Voting opens for the Financial Reporter Awards 2016

The seventh annual Financial Reporter Awards 2016 launches today, with voting open for you to nominate the best and brightest in financial services.

07 Mar 2016

'Reckless' senior bankers face jail under new law

'Reckless' senior bankers face jail under new law

From today, senior managers in UK banks could face 7 years in jail or an unlimited fine if their actions cause their institution to fail.

07 Mar 2016

P2P lender ThinCats outlines IFISA plans

P2P lender ThinCats outlines IFISA plans

Peer to peer business lender ThinCats has set out its plans for the Innovative Finance ISA which should be available in April, subject to achieving full FCA regulation.

07 Mar 2016

Osborne scraps pension tax relief changes

Osborne scraps pension tax relief changes

Chancellor George Osborne has postponed plans to announce changes to pension tax relief in the forthcoming 2016 Budget.

07 Mar 2016

The seven-year itch: how have record low rates affected the market?

The seven-year itch: how have record low rates affected the market?

Today marks the 7th anniversary of the introduction of Quantitative Easing in the UK, and of Bank of England base rate being cut to 0.5%.

05 Mar 2016

Pension lifetime allowance - the 'big, bad tax'?

Pension lifetime allowance - the 'big, bad tax'?

We are just a month away from the changes to the pension lifetime allowance which will be reduced to £1m. All the media headlines around this change have focused on this 'big, bad wolf' of a tax, which should be avoided at all costs. Most have surmised that with the headline rate of the tax on benefits in excess of £1m being 55%, then this is clearly a 'big, bad tax'. However, when you dig a little deeper, the question has to be asked, is it really that bad?

04 Mar 2016

Northview Group expands Kensington & New Street team

Northview Group expands Kensington & New Street team

The Northview Group, the parent company of Kensington and New Street Mortgages, has appointed Abi Greenhalgh as National Account Manager, working across its lending businesses.

04 Mar 2016

In the Spotlight with Gary Little, TMA

In the Spotlight with Gary Little, TMA

We spoke to Gary Little, Commercial Director at TMA, about increasing borrower demand and how advisers can prepare for forthcoming regulatory changes.

04 Mar 2016

 

Tyrie asks NAO to review RBS share prices

Tyrie asks NAO to review RBS share prices

Andrew Tyrie MP, Chairman of the Treasury Committee, has asked the National Audit Office to review the advice provided by UKFI to the Government ahead its first sale of shares in RBS in August.

04 Mar 2016

Brexit 'wouldn't have massive impact' on house prices

Brexit 'wouldn't have massive impact' on house prices

Speaking at the Investec Broker Insight evening, chief economist for the bank Phil Shaw said that a potential Brexit would not have a 'massive impact' on UK house prices.

04 Mar 2016

Tenet launches remuneration solution

Tenet launches remuneration solution

Tenet has signed a long-term contract with Focus Solutions to incorporate their Remuneration Management module into the existing Tenet Advantage practice management technology solution.

04 Mar 2016

Halifax cuts FTB and homemover rates

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Halifax cuts FTB and homemover rates

Halifax has reduced rates on its first time buyer and homemover mortgages by up to 0.30%.

04 Mar 2016

L&G becomes Later Life Academy ambassador

L&G becomes Later Life Academy ambassador

The Later Life Academy has announced Legal & General as its latest Corporate Ambassador.

04 Mar 2016

Mint Bridging ups maximum loan size

Mint Bridging ups maximum loan size

Mint Bridging has increased its maximum loan size from £1 million to £5 million.

04 Mar 2016

Investors "to lose billions in pension tax relief"

Investors "to lose billions in pension tax relief"

Investors are set to lose billions in pension tax relief if George Osborne reforms pension taxation based on an ISA style system, according to Hargreaves Lansdown.

04 Mar 2016

Fluent Money announces expansion plans

Fluent Money announces expansion plans

Fluent Money has announced plans to develop its range of services following new investment from Beech Tree Private Equity.

04 Mar 2016

L&G launches government housing scheme Matrix

L&G launches government housing scheme Matrix

Legal & General Mortgage Club is launching a Government Housing Schemes Matrix to give brokers an overview of what each government scheme offers, whilst providing up-to-date information on which lenders offer products under the schemes.

03 Mar 2016

Bridging lending breaks £3.5bn barrier

Bridging lending breaks £3.5bn barrier

Gross annual bridging lending has broken through the £3.5bn barrier in 2015, according to the latest West One Bridging Index.

03 Mar 2016

NatWest to offer 'day one' valuation instructions

NatWest to offer 'day one' valuation instructions

NatWest Intermediary Solutions will begin instructing all valuations for residential, buy-to-let purchase and remortgage applications, up to £500,000, from the day an application is submitted.

03 Mar 2016

First Complete adds Kent Reliance to panel

First Complete adds Kent Reliance to panel

Kent Reliance, part of OneSavings Bank, has been appointed to the First Complete lender panel.

03 Mar 2016

Shawbrook plans move into retirement lending solutions

Shawbrook plans move into retirement lending solutions

In its full year results, posted today, Shawbrook Bank said it is focusing on "diversification into areas such as 'interest only in retirement' solutions".

03 Mar 2016

Financial Reporter releases new Product Factsheet with Evolution

Financial Reporter releases new Product Factsheet with Evolution

Financial Reporter is launching its second Product Factsheet in the series, available free for Financial Reporter readers.

03 Mar 2016

88% in the dark about investing for retirement

88% in the dark about investing for retirement

Over three quarters (82%) of UK adults have revealed they don't believe they are saving enough money to supply them with a comfortable income in retirement.

03 Mar 2016

Halifax: monthly house prices drop 1.4%

Halifax: monthly house prices drop 1.4%

House prices decreased by 1.4% between January and February, offsetting much of January's 1.7% rise, according to the latest Halifax house price index.

03 Mar 2016

Nationwide: stamp duty hike causes surge in approvals

Nationwide: stamp duty hike causes surge in approvals

House prices increased by 0.3% in February, while annual house price growth rose to 4.8%, according to the latest Nationwide house price index.

03 Mar 2016

FCA launches investigation into six life insurers

FCA launches investigation into six life insurers

Six life insurance providers will be investigated by the FCA for potentially failing to inform customers about exit charges.

03 Mar 2016

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