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Newcastle cuts high-LTV rates

Newcastle cuts high-LTV rates

Newcastle Intermediaries has reduced rates on its 'All in One' 90% and 95% products by up to 0.20%.

17 Feb 2016

Building society mortgage approvals rise 10%

Building society mortgage approvals rise 10%

The value of mortgage loans approved by building societies rose 10% in 2015 to £57.8 billion - a 26% market share, according to the BSA.

17 Feb 2016

Together completes first regulated bridge

Together completes first regulated bridge

Together has completed its first regulated bridging deal after recently launching a new product with a group of pilot packagers.

17 Feb 2016

Banks account for a quarter of P2P lending

Banks account for a quarter of P2P lending

Around a quarter of peer-to-peer loans are now funded by institutional investors, including traditional banks and government through organisations such as the British Business Bank.

17 Feb 2016

Starter homes "out of reach for majority"

Starter homes "out of reach for majority"

Discounted starter homes could be out of reach for the majority of families across the country, according to the Local Government Association.

17 Feb 2016

PFS: client agreed advice fee is solution to FAMR

PFS: client agreed advice fee is solution to FAMR

In response to Financial Advice Market Review and subsequent speculation on the subject of commission, the Personal Finance Society say that a solution is already available via a client agreed advice fee.

17 Feb 2016

Foundation Home Loans expands BDM team

Foundation Home Loans expands BDM team

Foundation Home Loans has appointed James Adkin as Regional Account Manager for London and the South East.

17 Feb 2016

Could securitisation rebalance the UK mortgage market?

Could securitisation rebalance the UK mortgage market?

Securitisation is enabling mortgage lenders to offer an increased number of lower risk, long-term fixed rate mortgages, according to research by Nottingham Trent University.

17 Feb 2016

LendInvest expands into Scotland

Christian Faes - Montello

LendInvest expands into Scotland

LendInvest, the short-term property finance lender, has announced plans to lend in Scotland.

17 Feb 2016

Nationwide returns to restricted resale lending

Nationwide returns to restricted resale lending

Nationwide has confirmed plans to re-enter the restricted resale market after leaving the market two years ago.

17 Feb 2016

 

Majority of over 65s have never taken advice

Majority of over 65s have never taken advice

Over half (54%) of people aged 65 and over have never sought financial advice to better understand their pension options, according to research from Stannah.

16 Feb 2016

Are savings rate cuts becoming 'firmly entrenched'?

Are savings rate cuts becoming 'firmly entrenched'?

Rate reductions in the savings market have now outweighed rate rises for four consecutive months, according to Moneyfacts data.

16 Feb 2016

Accord cuts five-year fixes by up to 0.65%

Accord cuts five-year fixes by up to 0.65%

Accord Mortgages has launched a new five-year fixed rate residential range, with the option of added incentives on selected products.

16 Feb 2016

House price dip reveals 'patchwork property market'

House price dip reveals 'patchwork property market'

The rate of house price growth eased to 6.7% over the year to December 2015, down from 7.7% in the year to November 2015, according to the latest ONS house ptice index.

16 Feb 2016

CML: Q4 lending sees 'mixed picture'

CML: Q4 lending sees 'mixed picture'

The CML says its December data reveals a 'mixed picture on lending', but the value of lending grew across all lending types on an annual basis.

16 Feb 2016

Inflation hits 12-month high

Inflation hits 12-month high

CPI rose by 0.3% in the year to January 2016, compared with a 0.2% rise in the year to December 2015, according to the latest ONS statistics.

16 Feb 2016

Advisers urge government to integrate equity release

Advisers urge government to integrate equity release

68% of advisers would back increased Government consultation with the financial services industry aimed at integrating equity release into retirement planning, building on recent calls from regulators and MPs.

16 Feb 2016

TISA: FAMR must address access to advice

TISA: FAMR must address access to advice

Discussing the focus of the Financial Advice Market Review, industry experts say they would like to see increased clarity, access and consumer engagement on the distinction between guidance and advice.

16 Feb 2016

Industry welcomes FCA exam review

Industry welcomes FCA exam review

The Society of Mortgage Professionals have expressed support for an upcoming FCA review of examination standards across a broad range of regulated activities - including mortgages - to ensure they remain fit for purpose.

16 Feb 2016

Active conveyancing firms drop by 9%

Active conveyancing firms drop by 9%

The total number of active conveyancing firms dropped by 9% in 2015 - three times the 3% annual rate of decline seen in 2013 and 2014.

16 Feb 2016

Help to Buy creates 43% homebuilding surge

Help to Buy creates 43% homebuilding surge

New government figures have shown a 43% rise in new homes built as a direct result of Help to Buy equity loan.

15 Feb 2016

Former Shawbrook MD joins P2P lender

Former Shawbrook MD joins P2P lender

Wellesley & Co has appointed Nick McAuliffe as its new managing director, as the peer-to-peer platform outlines its 2016 growth plans.

15 Feb 2016

L&G launches sub-5% lifetime mortgage product

L&G launches sub-5% lifetime mortgage product

Legal & General has launched a Premier Flexible lifetime mortgage at 4.99% AER, enabling borrowers whose homes are worth more than £533,000 to release equity, subject to a minimum loan amount of £200,000.

15 Feb 2016

Is 2016 the 'year of the first-time buyer'?

Is 2016 the 'year of the first-time buyer'?

2016 could be the 'year of the first-time buyer' encouraged by low interest rates, initiatives such as Help to Buy, and buy-to-let investors facing increasingly adverse taxes.

15 Feb 2016

77% of advisers willing to adapt post-FAMR

77% of advisers willing to adapt post-FAMR

Over three quarters (77%) of advisers are prepared to adapt their business models depending on what is proposed in the government's Financial Advice Market Review, according to research by Intelliflo.

15 Feb 2016

FCA prosecution sees record sum returned to investors

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FCA prosecution sees record sum returned to investors

Southwark Crown Court today ordered almost £2.65 million to be returned to investors who had invested in a fraudulent collective scheme.

15 Feb 2016

V Loans implements MCD changes

V Loans implements MCD changes

Second charge specialist V Loans has implemented Mortgage Credit Directive changes in a bid to minimise disruption to customers aiming to complete loans before the regulatory deadline.

15 Feb 2016

The Mansfield launches intermediary homemover range

The Mansfield launches intermediary homemover range

Mansfield Building Society has launched four new products exclusively for homemovers, all available through intermediaries.

15 Feb 2016

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