Latest News

SortRefer reports New Year BTL surge

SortRefer reports New Year BTL surge

SortRefer is reporting a New Year surge in requests for its BTL remortgage conveyancing product.

21 Jan 2016

Metro Bank revamps resi and BTL offering

Metro Bank revamps resi and BTL offering

Metro Bank has refreshed its residential and buy-to-let mortgage range, including a rate reduction of 30bps and several policy changes.

21 Jan 2016

Home insurance premiums rise for first time since 2011

Home insurance premiums rise for first time since 2011

Q4 2015 saw small increases in the average quoted Shoparound premiums for home buildings, contents and combined policies - the first since 2011, according to the AA British Insurance Premium Index.

21 Jan 2016

Lending drops 3.1% as supply issues continue

Lending drops 3.1% as supply issues continue

House purchase lending dropped towards the end of 2015, and lack of supply in some areas could be a component in these reduced loan numbers, according to e.surv.

21 Jan 2016

Leeds BS reveals MCD preparations

Leeds BS reveals MCD preparations

Leeds Building Society has announced its preparations for the implementation of the Mortgage Credit Directive on 21 March 2016.

20 Jan 2016

Self-cert lender hits capacity as 4,000 enquire

Self-cert lender hits capacity as 4,000 enquire

Self-certification mortgage lender selfcert.co.uk says it 'won't be able to satisfy demand', claiming that 4,000 people have contacted them since its launch on Monday.

20 Jan 2016

FCA launches New Bank Start-up Unit

FCA launches New Bank Start-up Unit

The PRA and FCA have today launched the New Bank Start-up Unit, giving information and support to newly authorised banks and those thinking of becoming a new bank in the United Kingdom.

20 Jan 2016

Precise launches Limited Company BTL range

Precise launches Limited Company BTL range

Precise Mortgages has launched a Limited Company buy to let product which will be available from Thursday 21st January.

20 Jan 2016

Student start-up beats Wonga to FCA approval

Student start-up beats Wonga to FCA approval

Student lender Smart-Pig.com claims to be the first trading short term loan company to be authorised by the FCA, receiving approval on 4th August 2015 - nearly six months ahead of Wonga.

20 Jan 2016

FSCS levy on firms rises to £363m

FSCS levy on firms rises to £363m

The FSCS has announced total levies of £363m for 2016/17, up from £319m this year, citing further claims from retirement savers who have been badly advised to hold risky investments in SIPPs.

20 Jan 2016

 

Masthaven Secured Loans hires underwriting manager

Masthaven Secured Loans hires underwriting manager

Masthaven Secured Loans has announced the key appointment of Shelley Connelly as underwriting manager.

20 Jan 2016

IRESS enhances Adviser Office solution

IRESS enhances Adviser Office solution

IRESS has announced the latest enhancements to its Adviser Office solution, with version 11.2 designed to help advisers in providing their clients with a first-rate customer experience.

20 Jan 2016

New life insurance provider offers payback guarantee

Protection

New life insurance provider offers payback guarantee

British Seniors Insurance Agency is launching an over 50s product with Lifetime Payback Guarantee as a standard feature, ensuring that customers never receive less than the total premiums they have paid.

20 Jan 2016

Brokers' mortgage market confidence at record high

Brokers' mortgage market confidence at record high

Intermediaries' confidence about the prospects for the mortgage market has reached a record level in the latest NatWest Intermediary Solutions' Market Confidence Barometer.

20 Jan 2016

House price growth at 15-month high

House price growth at 15-month high

Hometrack's UK Cities House Price Index has recorded a further jump in the rate of house price growth to 11.4%, up from 10.2% the previous month and 8.9% twelve months ago.

20 Jan 2016

Holloway Friendly appoints non-executive directors

Holloway Friendly appoints non-executive directors

Holloway Friendly, the original Holloway income protection society, has appointed two new non-executive directors - Anna East, chairman of the Dudley Building Society, and Adrian Humphreys.

20 Jan 2016

New intermediary-only lender to launch

New intermediary-only lender to launch

David Tweedy, former Managing Director of Platform Home Loans, and Guy Batchelor, recently Managing Director of Corporate Business at Countrywide, have confirmed that they are working together at Belmont Green Finance Limited to create a new challenger brand mortgage lender which will distribute its products exclusively via intermediaries.

19 Jan 2016

Wonga granted full FCA permissions

Wonga granted full FCA permissions

Wonga has received full consumer credit permissions from the FCA.

19 Jan 2016

TSB Intermediary signs 8,000 brokers in first year

TSB Intermediary signs 8,000 brokers in first year

In the twelve months since TSB mortgages became available through brokers, TSB Intermediary has welcomed over 18,000 new customers.

19 Jan 2016

Carney: now is not the time to raise interest rates

Carney: now is not the time to raise interest rates

Bank of England governor Mark Carney has admitted that "progress has been insufficient" to warrant a tightening of monetary policy in the near future.

19 Jan 2016

Osborne: FCA must cap 'excessive' pension exit fees

Osborne: FCA must cap 'excessive' pension exit fees

The Chancellor George Osborne today placed a duty on the FCA to cap excessive early exit charges for those eligible to access the pension freedoms.

19 Jan 2016

Employers reject pension tax relief upheaval

Employers reject pension tax relief upheaval

The Treasury are rumoured to be considering the abolition of pension tax relief linked to each individuals' rate of income tax in its upcoming review of pension taxation.

19 Jan 2016

Kensington increases max LTV to 85%

Kensington increases max LTV to 85%

Kensington has increased the maximum LTV on its core residential range to 85% and is launching a new 65% LTV product.

19 Jan 2016

Clydesdale & Yorkshire launch 95% LTV homemover range

Clydesdale & Yorkshire launch 95% LTV homemover range

Clydesdale and Yorkshire Banks have launched a new Home Mover Mortgage range.

19 Jan 2016

Pension managers expect further DC regulation

Pension managers expect further DC regulation

The majority of pensions managers (61%) do not agree that changes in governance over the last five years have improved member outcomes, according to research by LifeSight, Willis Towers Watson's UK DC master trust.

19 Jan 2016

UK inflation at 11-month high

UK inflation at 11-month high

CPI rose by 0.2% in the year to December 2015, compared with a 0.1% rise in the year to November 2015, according to the latest ONS data.

19 Jan 2016

ONS: house prices up 7.7%

ONS: house prices up 7.7%

UK house prices increased by 7.7% in the year to November 2015, up from 7.0% in the year to October 2015, according to the latest ONS house price index.

19 Jan 2016

Keystone Law to launch in Isle of Man

Keystone Law to launch in Isle of Man

Keystone Law has announced that it is launching in the Isle of Man.

19 Jan 2016

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