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FCA fines insurance firms £15.5m

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FCA fines insurance firms £15.5m

The FCA has fined five people and two firms a total of £15.5m and banned four for "significant integrity and competence failings".

01 Feb 2016

PRA fines GI firm £2.8m and bans CEO

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PRA fines GI firm £2.8m and bans CEO

The Prudential Regulation Authority has imposed a £25,173 fine on Colin McIntosh, CEO of Millburn Insurance Company Limited, and has banned him from holding controlled functions at any PRA-authorised firm.

01 Feb 2016

Aldermore launches London Help to Buy range

Aldermore launches London Help to Buy range

Aldermore has announced the launch of its London Help to Buy product.

01 Feb 2016

BoE: Mortgage approvals rise in December

BoE: Mortgage approvals rise in December

The number of mortgage approvals hit 70,837 in December - slightly higher than November's figure of 70,410 and the average of 69,462 over the previous six months, according to the latest Bank of England Money and Credit report.

01 Feb 2016

The Mansfield announces MCD plans

The Mansfield announces MCD plans

Mansfield Building Society has revealed its approach to the Mortgage Credit Directive and will be introducing KFI+ for new business and mortgage offers during February.

01 Feb 2016

Advisers support return to commission

Advisers support return to commission

Advisers are showing support for a relaxation in the regulations around commission, according to a survey carried out by adviser management software company Intelliflo.

01 Feb 2016

FTB activity sees winter slowdown

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FTB activity sees winter slowdown

First-time buyer numbers fell by 4.7% between November and December, according to the latest First-time Buyer Tracker from Your Move & Reeds Rains.

01 Feb 2016

In the Spotlight with David Ross, Chartered Insurance Institute

In the Spotlight with David Ross, Chartered Insurance Institute

We spoke to David Ross, Director of Communications at the Chartered Insurance Institute, about the protection gap and the future of the insurance market.

29 Jan 2016

Data management service for advisers launches

Data management service for advisers launches

IFA Dataflow, provider of technology solutions for financial advisers, has announced the launch of a new data management and analysis service, 'Commission Express'.

29 Jan 2016

NatWest & RBS announce London HTB rates

NatWest & RBS announce London HTB rates

NatWest and Royal Bank of Scotland will take another step to help home buyers in London by supporting the Government’s new Help to Buy London scheme when it launches on Monday February 1st.

29 Jan 2016

 

MBE Leeds Expo registration now open

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MBE Leeds Expo registration now open

Mortgage Business Expo Leeds is now open for brokers, IFAs and financial intermediaries to register for the event on 20th April at the Royal Armouries.

29 Jan 2016

Insolvency practitioners have 'nothing to fear' from new guidance

Insolvency practitioners have 'nothing to fear' from new guidance

A leading authority at Dalriada Trustees, one of the UK's largest independent pension trustee firms, says that professional Insolvency Practitioners have 'nothing to fear' from the Pension Protection Fund's updated General Guidance for Restructuring and Insolvency Practitioners.

29 Jan 2016

Barclays launches London Help to Buy products

Barclays launches London Help to Buy products

Barclays is pleased to confirm a range of new shared equity products to support the official launch of the London Help to Buy scheme from 1st February

29 Jan 2016

Overwhelming response sees Money Careers recruitment portal extend offer

Overwhelming response sees Money Careers recruitment portal extend offer

Money Careers, a unique new recruitment website aimed specifically at financial services professionals, has extended its free job listings offer due to overwhelming industry demand.

29 Jan 2016

Property transactions in decline: Land Registry

Property transactions in decline: Land Registry

Today's Land Registry data shows property transactions in decline, and the average house price increased by 6.7% annually.

29 Jan 2016

Al Rayan Bank reduces rental rates on BTL products

Al Rayan Bank reduces rental rates on BTL products

Al Rayan Bank today announced a promotional reduction of 1.00% on its Buy to Let Purchase Plan (BTLPP) and Buy to Let Rent Only Purchase Plan (BRO) products rental rates.

28 Jan 2016

Natwest to cut high LTV resi and BTL broker deals

Natwest to cut high LTV resi and BTL broker deals

NatWest Intermediary Solutions has announced that from tomorrow it will be reducing rates on a number of higher LTV residential mortgages including first-time buyer deals, and a selection of buy-to-let mortgages.

28 Jan 2016

TPAS appoints former NEST Chair

TPAS appoints former NEST Chair

Museji Ahmed Takolia CBE has been appointed Chair of The Pensions Advisory Service.

28 Jan 2016

New Street Mortgages appoints valuation panel manager

New Street Mortgages appoints valuation panel manager

New Street Mortgages has chosen Gateway, owned by SimplyBiz Group, as its new panel manager to look after its valuations and valuation process using the Quest platform.

28 Jan 2016

Osborne delays Lloyds share sale

Osborne delays Lloyds share sale

George Osborne has postponed the final sale of Lloyds Bank shares this spring, blaming "turbulent markets".

28 Jan 2016

FCA and PRA to investigate HBOS Senior Managers

FCA and PRA to investigate HBOS Senior Managers

The FCA and the PRA have decided to start investigations into "certain former HBOS senior managers".

28 Jan 2016

GDP growth falls to 2.2% in 2015

GDP growth falls to 2.2% in 2015

GDP is estimated to have increased by 0.5% in Q4 2015, up from 0.4% growth in Q3, according to the ONS' preliminary estimates.

28 Jan 2016

Brokers spilt on future of BTL market

Brokers spilt on future of BTL market

Mortgage brokers have concerns about the potential for further growth in the buy-to-let market during 2016, according to research by NatWest Intermediary Solutions.

28 Jan 2016

John Charcol adopts Mortgage Brain's sourcing system

John Charcol adopts Mortgage Brain's sourcing system

John Charcol has selected Mortgage Brain's online sourcing system, MortgageBrain Anywhere, as its mortgage sourcing technology solution.

28 Jan 2016

Paragon: BTL lending up 80%

Paragon: BTL lending up 80%

Paragon Mortgages has reported an 80.6% increase in new buy-to-let lending, totalling £400.9 million in Q4.

28 Jan 2016

Nationwide launches Help to Buy London range

Nationwide launches Help to Buy London range

Nationwide Building Society is launching a new range of shared equity mortgage deals, which covers the Help to Buy London scheme, from Thursday 28 January.

27 Jan 2016

Second charge market sees seasonal dip after record month

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Second charge market sees seasonal dip after record month

Secured lending saw a new record peak in October at £98.5m, representing a 47% increase year-on-year, according to the latest Enterprise Finance Secured Loan Index.

27 Jan 2016

Barnsley and Chelsea to undergo YBS rebrand

Barnsley and Chelsea to undergo YBS rebrand

YBS Group has announced plans to rebrand Barnsley Building Society and Chelsea Building Society branches to Yorkshire Building Society.

27 Jan 2016

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