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Identity fraud soars to new record highs

Identity fraud soars to new record highs

Fraud prevention service Cifas has released new figures showing that identity fraud continued to rise at record levels in the first six months of 2017.

23 Aug 2017

Provident announces £80m-£120m losses as CEO quits

Provident announces £80m-£120m losses as CEO quits

Doorstep lender Provident Financial has announced that sales are running at around £9m per week lower than in 2016, with pre-tax losses "now likely to be in a range of between £80m and £120m".

22 Aug 2017

Skipton cuts interest-only mortgage rates

Skipton cuts interest-only mortgage rates

Skipton Building Society is continuing its support of the UK housing market by cutting rates on its interest-only mortgage range by up to 0.10%.

22 Aug 2017

Residential transactions up 8.3%: HMRC

Residential transactions up 8.3%: HMRC

The number of residential property transactions increased by 1.3% to 104,760 between June and July and are 8.3% higher compared with the same month last year, according to the latest HMRC figures.

22 Aug 2017

Mortgage sales plummet by 10.8% in July

Mortgage sales plummet by 10.8% in July

UK mortgage sales decreased by £1.8 billion in July, down 10.8% on the previous month, according to Equifax Touchstone analysis.

22 Aug 2017

Bank of Gran & Grandad lend over £37bn

Bank of Gran & Grandad lend over £37bn

The Bank of Gran and Grandad has now donated a total of over £37bn in funds to their grandchildren, with one in ten grandparents saying the money was to be spent on a deposit for a house.

22 Aug 2017

Leeds adds £500 cashback deals to BTL range

Leeds adds £500 cashback deals to BTL range

Leeds Building Society has added new £500 cashback deals to its buy-to-let mortgage range to help borrowers who want to choose their own conveyancer.

22 Aug 2017

Sesame and PMS add CETA to GI panels

Sesame and PMS add CETA to GI panels

Sesame Network and PMS Mortgage Club have both added specialist provider CETA Insurance to their general insurance panels.

22 Aug 2017

Shawbrook cuts 55 Plus interest-only rates

Shawbrook cuts 55 Plus interest-only rates

Shawbrook has lowered the fixed and variable rates on its 55 Plus interest-only products.

22 Aug 2017

ASTL appoints six new members to executive committee

ASTL appoints six new members to executive committee

The Association of Short Term Lenders has announced its new executive committee for the upcoming year.

22 Aug 2017

 

Pension incomes almost halve since financial crisis

Pension incomes almost halve since financial crisis

People retiring today must cope with pension income 46% lower than if they had retired immediately before the credit crunch, according to Fidelity International.

21 Aug 2017

Half of homeowners believe they are mortgage prisoners

Half of homeowners believe they are mortgage prisoners

60% of people believe they would find it hard to get a mortgage today, with over half of UK homeowners stating that they feel like mortgage prisoners, according to a Masthaven Bank survey.

21 Aug 2017

Mansfield BS to launch later life range through Air Sourcing

Mansfield BS to launch later life range through Air Sourcing

Equity Release Club and AIR Sourcing have announced a new relationship with Mansfield Building Society.

21 Aug 2017

Pension cold calling ban to include texts and emails

Pension cold calling ban to include texts and emails

The government has confirmed that its pension cold calling ban will be enforced, extending the rules to include emails and text messages.

21 Aug 2017

Nationwide launches 0.20% retention proc fee

Nationwide launches 0.20% retention proc fee

Nationwide has announced that it will begin procuration fee payments for retention business on all prime mortgage applications from today.

21 Aug 2017

Positive Lending cloned by fraudsters

Positive Lending cloned by fraudsters

Positive Lending has announced that fraudsters have cloned its brand in order to carry out financial scams across Europe.

21 Aug 2017

Rathbones and Smith & Williamson in £56bn merger talks

Rathbones and Smith & Williamson in £56bn merger talks

Rathbones has confirmed that it is currently in discussions with Smith & Williamson regarding a potential £2bn merger which would create combined assets of £56bn.

21 Aug 2017

House price growth to fall to 1.5% in 2017: Countrywide

House price growth to fall to 1.5% in 2017: Countrywide

Countrywide predicts house price growth to fall to 1.5% in 2017 compared with 5% in 2016, before recovering slightly to 2% in 2018.

21 Aug 2017

Stagnant homemover market hindering first-time buyers: Lloyds

Stagnant homemover market hindering first-time buyers: Lloyds

The number of homemovers fell by 2% in the first six months of 2017 compared with the same period in 2016, according to research from Lloyds Bank.

21 Aug 2017

Retirement Advantage launches buy-to-let equity release range

Retirement Advantage launches buy-to-let equity release range

Retirement Advantage has launched a new range of equity release products for owners of buy-to-let properties.

21 Aug 2017

In the Spotlight with Stephen Wasserman, West One Loans

In the Spotlight with Stephen Wasserman, West One Loans

We spoke to Stephen Wasserman, Managing Director at West One Loans, about the evolution of the bridging market and his advice for brokers who are new to the specialist lending market.

18 Aug 2017

Where do pensioners have the best quality of life?

Where do pensioners have the best quality of life?

West Sussex is the county where pensioners have the highest quality of life, according to analysis carried out by Prudential.

18 Aug 2017

Transactions see 8.8% monthly surge: Haart

Transactions see 8.8% monthly surge: Haart

House prices across England and Wales saw a monthly 3% rise in July, and are up 3.3% on the year, according to new data from estate agent Haart.

18 Aug 2017

Positive Lending appoints David Coleman as Regional Account Manager

Positive Lending appoints David Coleman as Regional Account Manager

Positive Lending has appointed David Coleman as the new Regional Account Manager for south east England.

18 Aug 2017

A fifth of brokers predict surprise rate rise in H2

A fifth of brokers predict surprise rate rise in H2

21% of brokers believe that the Bank of England will increase the Base Rate by the end of the year, according to a United Trust Bank poll.

18 Aug 2017

Accord launches £495 fee remortgage range

Accord launches £495 fee remortgage range

Accord Mortgages has launched three new remortgage rates with a £495 fee and additional features including £500 cashback on completion, free standard valuation and free legal fees.

18 Aug 2017

Scotland house price growth outpaces England & Wales

Scotland house price growth outpaces England & Wales

Annual house price growth in Scotland jumped to 4.6% in June, from 2.9% the previous month - well above the 3.3% in England and Wales recorded in June, according to new Your Move data.

18 Aug 2017

Pepper partners with Intrinsic

Pepper partners with Intrinsic

Pepper Homeloans has been appointed to the mortgage lender panel of Intrinsic Network.

18 Aug 2017

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