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New online challenger bank launches

New online challenger bank launches

Fidor Bank, the online-only retail bank, is today launching in the UK.

18 Sep 2015

FSE London 2015: Brokers urged to sell more income protection policies

FSE London 2015: Brokers urged to sell more income protection policies

Brokers have been urged to step up and sell more income protection policies as Mortgage Market Review ramifications are resulting in dwindling competition within the adviser community.

17 Sep 2015

FSE London 2015: Lenders suggest price war will not last forever

FSE London 2015: Lenders suggest price war will not last forever

According to lenders taking part in a panel debate at today’s Financial Services Expo (FSE) London in Old Billingsgate, the current mortgage price war amongst mainstream mortgage lenders will not last forever.

17 Sep 2015

FSE London 2015: High street lenders should stop dealing direct with consumers

FSE London 2015: High street lenders should stop dealing direct with consumers

Those high-street lenders currently offering direct to consumer mortgage propositions should cease, according to Roger Morris of Precise Mortgages, who was taking part in a panel debate at today’s Financial Services Expo (FSE) London in Old Billingsgate.

17 Sep 2015

FinTech: how the insurance sector can adapt to a 'disruptive' market

FinTech: how the insurance sector can adapt to a 'disruptive' market

The 10th of December 2014 was a watershed moment for financial services. On this day, a peer-to-peer lender called Lending Club raised almost $900m when it floated on the New York Stock Exchange.

17 Sep 2015

Natwest announces rate changes for borrowers with smaller deposits

Natwest announces rate changes for borrowers with smaller deposits

Natwest has announced that as of tomorrow, NatWest Intermediary Solutions will be reducing rates on a number of higher LTV residential mortgages in its broker portfolio.

17 Sep 2015

FSE London 2015: pension enquiries to increase by 50% in 2015/16

FSE London 2015: pension enquiries to increase by 50% in 2015/16

The Government-backed purveyor of independent and impartial guidance on pensions, The Pensions Advisory Service, has said it expects to receive around 150,000 pension-related enquires in 2015/16 in light of a continued lack of understanding over new pension reforms and heightened media attention.

17 Sep 2015

FSE London 2015: pensions advice gap creating more adviser opportunities

FSE London 2015: pensions advice gap creating more adviser opportunities

Industry experts from the mortgage and pensions fields have highlighted gaps in the pension advice process as a growing opportunity for the intermediary community.

17 Sep 2015

Metro Bank launches mortgage switching portal

Metro Bank launches mortgage switching portal

Metro Bank has announced the launch of a brand new portal designed specifically for intermediaries to help customers switch mortgage deals online.

17 Sep 2015

FTBs spend over three years saving deposit

FTBs spend over three years saving deposit

Almost 40% of first time buyers expect to take over three years to save a deposit for their first home, according to research from Clydesdale and Yorkshire Banks.

17 Sep 2015

 

Teachers BS reduces Help to Buy rates

Teachers BS reduces Help to Buy rates

Teachers Building Society has reduced the rate of its Help to Buy mortgages, offering a rate of 1.99% - available for purchase and remortgage.

17 Sep 2015

CML estimates gross mortgage lending hit £20bn in August

CML estimates gross mortgage lending hit £20bn in August

According to the latest estimates from the Council of Mortgage Lenders, gross mortgage lending dropped 8% from July's lending total of £21.7bn to round of at £20bn for the month. Year-on-year this is 12% higher than the August 2014 total of £17.8bn.

17 Sep 2015

European commercial property investment up 29% year on year

European commercial property investment up 29% year on year

According to research released today by Knight Frank, investment volumes for 2015 are forecast to reach €230 billion, which would make it comfortably the best year since the market peak of 2007.

17 Sep 2015

Landbay first P2P lender to conduct BoE stress tests

Landbay first P2P lender to conduct BoE stress tests

Landbay, the peer-to-peer buy-to-let mortgage lender, has today published the results of stress tests that were conducted to Bank of England criteria and modelled how Landbay mortgages would perform in both a base and stressed economic environment.

17 Sep 2015

FSE London 2015: FCA outlines major MCD areas

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FSE London 2015: FCA outlines major MCD areas

Putting an adviser's service disclosure document in front of a client in a durable medium, and pipeline business issues around the 21st March 2016 implementation date, are major areas to be covered by firms in the lead up to the Mortgage Credit Directive, said the FCA today.

16 Sep 2015

FSE London 2015: Embrace emerging technology, says Mortgage Brain CEO

FSE London 2015: Embrace emerging technology, says Mortgage Brain CEO

The intermediary community has been challenged to embrace a wider range of technological enhancements to help better understand customer behaviour and further client engagement.

16 Sep 2015

FSE London 2015: MCD will be a "big event" for second charge market, says FCA

FSE London 2015: MCD will be a "big event" for second charge market, says FCA

The implementation of the Mortgage Credit Directive and the introduction of FCA regulation will be a "big event" for the second charge market, admitted Technical Mortgage Specialist at the FCA, Keith Hale.

16 Sep 2015

FSE London 2015: Rate rise will have "significant impact" on housing market

FSE London 2015: Rate rise will have "significant impact" on housing market

Increases to Bank Base Rate and swap rates are likely to have a significant impact across all areas of the housing market, according to Nationwide's Senior Economist, Stefano Silvestrin.

16 Sep 2015

FSE London 2015: Homemovers still struggling, says Nationwide's Silvestrin

FSE London 2015: Homemovers still struggling, says Nationwide's Silvestrin

Home movers are the borrower group which have been hit hardest over the past few years by the changing nature of the UK mortgage market, said Nationwide's Senior Economist, Stefano Silvestrin.

16 Sep 2015

FSE London 2015: Landlords need their brokers, urges property expert

FSE London 2015: Landlords need their brokers, urges property expert

Speaking at the Financial Reporter theatre this morning at FSE London 2015, property expert Kate Faulkner discussed the changes to the buy to let market and urged advisers to play their role in helping potential landlords.

16 Sep 2015

FSE London 2015: Why advisers should be vigilant about identity crime

FSE London 2015: Why advisers should be vigilant about identity crime

Speaking at the Financial Reporter theatre at FSE London 2015, DC David Knowles of the Metropolitan Police discussed the importance of advisers being vigilant when it came to identity crime.

16 Sep 2015

Increase in pensions being used to pay off property

Increase in pensions being used to pay off property

Many predicted a sudden stampede of would be pensioners rushing to cash in as pension freedoms came into effect in April.

16 Sep 2015

Uinsure enhances Defaqto tool to help brokers meet FCA requirements

Uinsure enhances Defaqto tool to help brokers meet FCA requirements

Uinsure has launched a series of enhancements to its Defaqto Compare Tool in order to help brokers meet FCA compliance requirements.

16 Sep 2015

Fluent Money sees increased enquiries following expansion

Fluent Money sees increased enquiries following expansion

Fluent Money says it has seen a major increase in intermediary enquiries since it deployed an inhouse as well as an external sales team.

16 Sep 2015

Paradigm outlines MCD support plan at FSE London

Paradigm outlines MCD support plan at FSE London

Paradigm Mortgage Services, the mortgage services proposition, has announced today the next stage in its provision of clear and informative support on Mortgage Credit Directive (MCD) compliance for all directly authorised (DA) advisers.

16 Sep 2015

Masthaven Secured Loans to offer 5 year fixes across range

Masthaven Secured Loans to offer 5 year fixes across range

Masthaven Secured Loans has announced enhancements to both its product range and lending policy.

16 Sep 2015

Commercial owner-occupier range launches at Keystone

Commercial owner-occupier range launches at Keystone

Keystone Buy to Let has announced today that it has launched a Commercial owner-occupier range which offers a pair of fixed rate deals for business owners looking to purchase or remortgage work premises.

16 Sep 2015

New drawdown investors 'lose £160m' in market slump

New drawdown investors 'lose £160m' in market slump

New retirement savers taking out traditional drawdown plans since the launch of pension freedoms have lost more than £160 million from their funds due to stock market volatility, according to MetLife.

16 Sep 2015

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