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TenetLime adds protection brokerage to network

TenetLime adds protection brokerage to network

TenetLime has added specialist insurance brokerage, Protect Line, to its membership line-up.

14 Aug 2015

Newcastle BS enters BTL market

Newcastle BS enters BTL market

Newcastle Building Society Intermediary Services has announced its entry into the Buy to Let market.

13 Aug 2015

Skipton cuts high-LTV rates by up to 0.65%

Skipton cuts high-LTV rates by up to 0.65%

Skipton Building Society is tomorrow lowering rates on its 2 and 5 Year Fixed Rate residential range by up to 0.65%.

13 Aug 2015

Demand for longer-term fixes 'increases sharply' in Q2

Demand for longer-term fixes 'increases sharply' in Q2

81% of new mortgage cases handled by intermediaries were for fixed rate products in Q2, while the proportion of tracker applications fell 3% - all but reversing the trend identified in the first quarter.

13 Aug 2015

FCA bans and fines director £165k for SIPP advisory failings

FCA bans and fines director £165k for SIPP advisory failings

Robert Shaw, former director of advisory firm TailorMade Independent Ltd, has been banned from senior positions in financial services and fined £165,900 by the FCA.

13 Aug 2015

Mortgage arrears and repossessions continue to fall

Mortgage arrears and repossessions continue to fall

The repossession rate - already at its lowest since records began - continued to fall in Q2, according to latest data from the Council of Mortgage Lenders.

13 Aug 2015

FCA and PRA introduce new accountability regime

FCA and PRA introduce new accountability regime

The Financial Conduct Authority, alongside the Prudential Regulation Authority, have today announced a new accountability regime for senior managers in insurance companies and UK branches of non-EEA banks.

13 Aug 2015

Sanlam launches retirement income service

Sanlam launches retirement income service

Sanlam Private Wealth has launched the Sanlam Retirement Income Service.

13 Aug 2015

Solicitors say LPAs vital for drawdown clients

Solicitors say LPAs vital for drawdown clients

Solicitors are warning advisers that all drawdown clients should have a Lasting Power of Attorney in place when they retire.

13 Aug 2015

Saffron launches intermediary mortgage portal

Saffron launches intermediary mortgage portal

Saffron For Intermediaries, the broker channel of Saffron Building Society, has launched its new Intermediary Mortgage Portal.

13 Aug 2015

 

Are you at the top of your game?

Are you at the top of your game?

Sports fans, like me, are in their element at present. We've had two weeks of incredible tennis and the fantastic Open golf, and we're still in the midst of a thrilling Ashes series.

13 Aug 2015

RICS: properties for sale at record low

RICS: properties for sale at record low

The housing shortage worsened further during July, with the average number of properties for sale per surveyor slipping to a record low according to the latest RICS UK Residential Market Survey.

13 Aug 2015

Home sales hit eight-year high in July

Home sales hit eight-year high in July

Monthly house sales have surpassed 2014 levels for first time this year following a 13% boost in July, and have been driven primarily by growth in the North.

13 Aug 2015

Leeds launches new HTB remortgage range

Leeds launches new HTB remortgage range

Homeowners who were among the first to purchase their properties under the Government's Help to Buy equity scheme can benefit from two new remortgage deals from Leeds Building Society.

12 Aug 2015

FCA secures £7.5m penalty in High Court case

FCA secures £7.5m penalty in High Court case

The High Court today held that the Financial Conduct Authority is entitled to permanent injunctions and penalties totalling £7,570,000 against five defendants for committing market abuse.

12 Aug 2015

TISA appoints L&G's Boulding as Policy Strategy Director

TISA appoints L&G's Boulding as Policy Strategy Director

Previously Pensions Strategy Director at Legal & General, Adrian Boulding has now taken up his role as Policy Strategy Director at TISA.

12 Aug 2015

Target Group announces Board restructure

Target Group announces Board restructure

Target Group, the financial services outsourcing and software provider, has today announced a number of changes to its Board, including the promotion of Ian Larkin and Bill Alley to the role of Co-Group CEO and the appointment of Paddy Byrne to the role of Chairman.

12 Aug 2015

TSB increases rates on low LTV remortgages

TSB increases rates on low LTV remortgages

TSB has announced it is increasing rates by up to 0.15% across a limited range of lower loan to value remortgage products.

12 Aug 2015

Royal London appoints Steve Webb as Director of Policy

Royal London appoints Steve Webb as Director of Policy

Royal London have today confirmed the appointment of former Pensions Minister, Steve Webb, as Director of Policy and External Communications.

12 Aug 2015

Saffron launches 2-year fix for FTBs

Mortgages

Saffron launches 2-year fix for FTBs

Saffron For Intermediaries has launched a new 2-year fixed rate mortgage for first time buyers.

12 Aug 2015

Lauren Bagley joins The Right Mortgage Network

Lauren Bagley joins The Right Mortgage Network

Lauren Bagley has joined The Right Mortgage & Protection Network as head of marketing with plans to help grow the network, develop its proposition and raise its profile.

12 Aug 2015

Mansfield BS enhances online application process

Mansfield BS enhances online application process

Mansfield Building Society has enhanced its online application process by introducing a secure upload facility for brokers to send supporting documents with mortgage applications.

12 Aug 2015

New ISA allowance doubles average balance

New ISA allowance doubles average balance

In the 12 months since the launch of the new ISA allowance, balances of new cash ISAs have increased 44% on average, now standing at £10,299, compared to £7,143 in June 2014.

12 Aug 2015

Social media: there's nowhere to hide!

Social media: there's nowhere to hide!

I've never been one for celebrity gossip. Indeed, the 'celebrity' world in general is of little interest to me.

11 Aug 2015

Upper Tribunal upholds £450,000 FCA fine

shutterstock_140867215.jpg

Upper Tribunal upholds £450,000 FCA fine

The Upper Tribunal has backed a decision by the FCA to fine and ban directors of Catalyst Investment Group Limited for demonstrating a "reckless disregard for the interests of investors".

11 Aug 2015

Prudential's drawdown sales treble in H1

Prudential's drawdown sales treble in H1

Since the introduction of the pension reforms, Prudential has seen its income drawdown sales more than treble to £39 million and individual pensions sales more than double to £62 million, offsetting the volume decline from lower individual annuity sales which were 56% lower at £28 million.

11 Aug 2015

Hinckley & Rugby applications up 22%

Hinckley & Rugby applications up 22%

Hinckley & Rugby Building Society saw a 22% rise in mortgage applications in H1.

11 Aug 2015

Bank Rate delay keeps mortgage rates low

Bank Rate delay keeps mortgage rates low

The Bank of England's quoted mortgage interest rates data shows that lenders are still offering low rates, as Bank Rate is now expected to remain at its record low until 2016.

11 Aug 2015

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