Latest News

FTBs remain resilient despite growing deposits

FTBs remain resilient despite growing deposits

First-time buyer transactions hit 21,100 in February, representing a 6.6% annual rise, according to Your Move & Reeds Rains.

31 Mar 2016

Average three-year fix falls below 3% for first time

Average three-year fix falls below 3% for first time

Average rates for two and three-year fixed mortgage deals continued to fall in February as consumers enjoyed the widest choice of products since 2008, according to Mortgage Advice Bureau.

31 Mar 2016

Majority expect rate rise delay beyond 2016

Majority expect rate rise delay beyond 2016

The majority of UK investors expect interest rates to remain at record lows throughout 2016 amid persistently low inflation and the global economic slowdown, according to Legg Mason Global Asset Management.

30 Mar 2016

Regulated P2P lender announces IFISA launch

Regulated P2P lender announces IFISA launch

P2P investment platform Abundance has confirmed that its Innovative Finance ISA will be open for investment from April 6th, after obtaining regulatory approval from the FCA.

30 Mar 2016

P2P technology provider launches with lenders to offer IFISA

P2P technology provider launches with lenders to offer IFISA

Goji, which enables P2P platforms to gain access to new investment products and markets, has officially launched today with initial clients including Landbay, ArchOver and Assetz Capital.

30 Mar 2016

3% stamp duty rise to hit separating couples

3% stamp duty rise to hit separating couples

Divorcing and separating couples are at risk of being caught by the new 3% stamp duty surcharge, despite the supposed exemption.

30 Mar 2016

£800m invested in property from pension freedoms

£800m invested in property from pension freedoms

Following statistics released by the ABI this week showing that almost £6bn has been taken out of pensions since the reforms, new research suggests that up to £800m has been diverted into property.

30 Mar 2016

FCA: financial services complaints drop 1.4%

FCA: financial services complaints drop 1.4%

Financial services firms received 2.11 million new complaints in H2 - a decrease of 1.4% compared to H1, according to complaints data published by the FCA.

30 Mar 2016

Land Registry: house prices dip 0.2% in February

Land Registry: house prices dip 0.2% in February

House prices saw a monthly dip of 0.2% in February, and annual growth of 6.1%, according to the latest Land Registry house price index.

30 Mar 2016

Which areas are worst affected by stamp duty changes?

shutterstock_7358431.jpg

Which areas are worst affected by stamp duty changes?

LendInvest has researched the financial impact of the additional 3% Stamp Duty Land Tax, which is payable by all buyers of buy-to-let properties and second homes from Friday 1 April.

30 Mar 2016

 

Lloyds Bank launches online remortgage service

Mortgages

Lloyds Bank launches online remortgage service

Lloyds Bank has launched an online remortgage service in a bid to make the process more convenient for borrowers.

30 Mar 2016

Leek United announces record mortgage lending

Leek United announces record mortgage lending

Leek United Building Society's lending to home-buyers rose by 43% during 2015 - taking its mortgage balances above £700m for the first time.

30 Mar 2016

Lifetime ISA prompts MPs to re-open auto-enrolment inquiry

Lifetime ISA prompts MPs to re-open auto-enrolment inquiry

In the 2016 Budget, the Chancellor announced the introduction of a Lifetime ISA, which will be available to any adult under 40 from April 2017.

29 Mar 2016

Freedom Finance appoints new CEO

Freedom Finance appoints new CEO

Freedom Finance has announced the appointment of Brian Brodie as its new Group Chief Executive.

29 Mar 2016

The future of advice: let the people decide

The future of advice: let the people decide

George Osborne has delivered his Spring Budget. Will it be his last? Time will tell. Will it be a success? See first answer. Apart from the surprise sugar tax sending Jamie Oliver into a hyperactive jig, the Budget was a familiar affair - more cuts, less tax. The freeze on beer and alcohol duty was welcome once again, but the announcement that the Money Advice Service will be no more, caught my eye.

29 Mar 2016

IRESS reveals latest XPLAN update

IRESS reveals latest XPLAN update

IRESS has rolled out the latest version of XPLAN, its integrated software for wealth managers and financial planning professionals.

29 Mar 2016

High earners 'significantly' overestimate pension income

High earners 'significantly' overestimate pension income

Higher earners are significantly overestimating their retirement income, according to Investec Wealth & Investment.

29 Mar 2016

New PRA rules to cut BTL approvals by up to 20%

New PRA rules to cut BTL approvals by up to 20%

New PRA proposals regarding standards that firms should meet when underwriting buy-to-let mortgage contracts will "lead to a decrease in the number of cumulative new approvals for buy-to-let mortgages by about 10-20% by Q3 2018", according to the Authority's estimates.

29 Mar 2016

BoE: UK financial stability has deteriorated

iStock_000009992808Large.jpg

BoE: UK financial stability has deteriorated

The Bank of England's Financial Policy Committee says that domestic risks to the UK banking system have risen beyond their subdued levels during the immediate post-crisis period.

29 Mar 2016

Al Rayan Bank expands HNW offering

Al Rayan Bank expands HNW offering

Al Rayan Bank PLC has appointed a Head of Premier/Private Banking as part of a drive to expand High Net Worth offering in both the United Kingdom and abroad.

29 Mar 2016

Skipton boosts ISA and bond rates

Skipton boosts ISA and bond rates

Skipton Building Society is launching a Bonus Cash ISA and increasing the rate on its one year Fixed Rate ISAs and bonds.

29 Mar 2016

Investec consolidates high net worth mortgage range

Investec consolidates high net worth mortgage range

Investec Private Banking is consolidating its Professional and £Million Plus+ mortgages into the new Investec Private Banking Mortgage, which is being launched along with a range of three & five year fixed rate options.

29 Mar 2016

MPs: communication failings leave new state pensioners uncertain

MPs: communication failings leave new state pensioners uncertain

With weeks to go before the introduction of the New State Pension, the Work and Pensions Committee says the impact of the policy on different groups have been "poorly communicated to the point where even those who will be better off do not necessarily know that".

29 Mar 2016

Specialist lending: challenge provides opportunity

Specialist lending: challenge provides opportunity

For many intermediaries, specialist cases have gradually been climbing up their list of priorities and, as a result, many new lenders are continuing to migrate to more complex and niche markets.

28 Mar 2016

Non-standard mortgage lending at post-MMR high

Non-standard mortgage lending at post-MMR high

More mortgage borrowers are seeing their applications for mortgage loans given the green light as new products emerge to support 'non-standard' circumstances, according to new research by IMLA.

25 Mar 2016

Financial services sector 'committed to cultural change'

Financial services sector 'committed to cultural change'

Companies in the financial services sector are increasingly investing in specialists to help them drive cultural change in their organisations, according to pipelining specialist Armstrong Craven.

24 Mar 2016

Conveyancing Association announces new affiliate member

Conveyancing Association announces new affiliate member

The Conveyancing Association has announced its ninth affiliate member, Safe Move Scheme, which has joined with immediate effect.

24 Mar 2016

Is your marketing spend a waste of money?

Is your marketing spend a waste of money?

Consumer attention is getting more and more fragmented and it is getting harder to reach people but the fact remains that new business is the lifeblood of all industries. But in the year 2016 where on earth do you start?

24 Mar 2016

Latest Money Careers

Popular this week