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Yorkshire BS launches 1.16% two-year fix

Yorkshire BS launches 1.16% two-year fix

Yorkshire Building Society has announced a series of rate cuts across its mortgage rates at 65% and 85% LTV.

24 Jan 2017

New Street launches record low 1.59% BTL rate

New Street launches record low 1.59% BTL rate

New Street Mortgages has reduced buy-to-let rates by up to 0.52%, and is now offering a 65% LTV two-year discount product at 1.59% which it says is currently the lowest on the market.

24 Jan 2017

FSE Glasgow opens for registration

FSE Glasgow opens for registration

The third annual Financial Services Expo Glasgow is now open for registration.

24 Jan 2017

FCA issues warning on pension transfer advice

FCA issues warning on pension transfer advice

The FCA has issued an alert highlighting its rules surrounding advice on pension transfers, after finding that firms have been advising on pension transfers or switches without considering the assets in which their client’s funds will be invested.

24 Jan 2017

Residential transactions down 8.5% on 2015: HMRC

Residential transactions down 8.5% on 2015: HMRC

Residential transactions increased by 0.2% between November and December 2016, but remain 8.5% lower compared with December 2015, according to the latest figures from HMRC.

24 Jan 2017

Aldermore appoints CIO to enhance digital offering

Aldermore appoints CIO to enhance digital offering

Aldermore has announced the appointment of Rebecca Bunyan as Chief Information Officer.

24 Jan 2017

First-time buyer sales hit 15-year high: NAEA

First-time buyer sales hit 15-year high: NAEA

First-time buyer numbers soared to a 15-year high in December, making up almost a third of total sales, according to the latest Housing Market Report from the National Association of Estate Agents.

24 Jan 2017

ASTL rule change to eliminate back charging of interest

ASTL rule change to eliminate back charging of interest

ASTL members have voted to toughen up its Code of Conduct to avoid the back-dating of higher rates of interest to the inception of a loan, should a client go into default.

24 Jan 2017

Furness BS champions brokers in new campaign

Furness BS champions brokers in new campaign

Furness Building Society has today launched a new campaign championing mortgage brokers.

24 Jan 2017

Cost of regulation remains biggest challenge for advisers

Cost of regulation remains biggest challenge for advisers

The cost and uncertainty of regulation and compliance remains the biggest threat to the success of financial advice firms, according to a new survey.

24 Jan 2017

 

Source integration aims to help brokers rival comparison sites

Source integration aims to help brokers rival comparison sites

Source Insurance has launched a new range of exclusive integration options that it says will enable intermediaries to rival price comparison websites.

23 Jan 2017

Building society mortgage rates up to 0.66% lower than banks

Building society mortgage rates up to 0.66% lower than banks

Building societies are still the winners when it comes to the mortgage rate war, with their average five-year fixed rate at 75% LTV a massive 0.66% lower than that offered by banks.

23 Jan 2017

IMLA Executive Director Peter Williams to step down

IMLA Executive Director Peter Williams to step down

The Intermediary Mortgage Lenders Association is searching for a new Executive Director following Peter Williams’ intention to step down at the end of 2017.

23 Jan 2017

Aldermore revamps self-employed mortgage criteria

Aldermore revamps self-employed mortgage criteria

Aldermore has reduced the minimum accounts a self-employed borrower must provide when applying for a residential mortgage – from two years’ accounts to one – taking into consideration profit retained within the business when assessing affordability.

23 Jan 2017

Scottish Widows removes all pension exit fees

Scottish Widows removes all pension exit fees

Scottish Widows has removed early exit fees across its personal pension policies, following its decision in Spring last year to remove exit fees on its workplace pension policies.

23 Jan 2017

Digital broker to launch real-time mortgage approvals

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Digital broker to launch real-time mortgage approvals

New digital mortgage broker, Habito, has secured £5.5m in funding to accelerate growth and further develop its digital capabilities.

23 Jan 2017

Accord cuts residential rates by up to 0.24%

Accord cuts residential rates by up to 0.24%

Accord Mortgages has reduced rates across its residential fixed-rate mortgage range by up to 0.24%.

23 Jan 2017

Financial services optimism drops to lowest since 2008: CBI

Financial services optimism drops to lowest since 2008: CBI

Optimism in the financial services sector fell for a fourth consecutive quarter in Q4 – the longest period of declining sentiment since the financial crisis and the sharpest fall since December 2008, according to the latest CBI/PwC Financial Services Survey.

23 Jan 2017

Roma Finance launches limited edition 0.75% bridging rate

Roma Finance launches limited edition 0.75% bridging rate

Roma Finance has launched a limited edition residential first charge bridging rate of 0.75% per month up to 75% LTV.

23 Jan 2017

Castle Trust overhauls intermediary proposition

Castle Trust overhauls intermediary proposition

Castle Trust has relaunched its mortgage proposition as part of a wider campaign to promote its evolving product set to brokers.

23 Jan 2017

deVere Group launches private bank

deVere Group launches private bank

Global independent financial consultancy deVere Group has entered the private banking sector through the acquisition of Arton Bank.

23 Jan 2017

George Osborne takes adviser role at Blackrock

George Osborne takes adviser role at Blackrock

George Osborne has confirmed that he will join asset management firm BlackRock as an adviser.

20 Jan 2017

Help must come for the ‘credit crushed’ borrowers

Help must come for the ‘credit crushed’ borrowers

Last year, we had heard the case of an unfortunate borrower. Let’s call him John.

20 Jan 2017

Lenders kick off new year with key appointments: a round-up of hires

Lenders kick off new year with key appointments: a round-up of hires

Shawbrook, Aldermore, Kent Reliance and Uinsure have all bolstered their sales teams this week in a bid to increase support for intermediaries.

20 Jan 2017

In the Spotlight with Louisa Sedgwick, Vida Homeloans

In the Spotlight with Louisa Sedgwick, Vida Homeloans

We spoke to Louisa Sedgwick, Director of Sales - Mortgages at Vida Homeloans, about what's in store for the lender in 2017 and its focus on the intermediary market.

20 Jan 2017

15% using equity release to pay off mortgages or debt

15% using equity release to pay off mortgages or debt

Increasing numbers of customers who release equity from their homes are using the money to pay off mortgages and other debts, according to LV= data.

20 Jan 2017

HSBC to pay £4m redress over debt collection practices

HSBC to pay £4m redress over debt collection practices

The FCA has announced that HSBC has agreed to set up a redress scheme for customers who paid an unreasonable debt collection charge imposed by HFC Bank and John Lewis Financial Services, which are both now part of HSBC Bank.

20 Jan 2017

Bank of Ireland launches five-year fixed rates

Bank of Ireland launches five-year fixed rates

Bank of Ireland for Intermediaries has launched a new five-year fixed-rate range.

20 Jan 2017

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