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HSBC to keep headquarters in UK

HSBC to keep headquarters in UK

The HSBC board has decided unanimously to remain headquartered in the UK.

15 Feb 2016

Steve Webb predicts the 'death of retirement'

Steve Webb predicts the 'death of retirement'

Royal London has warned that today's workers will be forced to work into their late seventies and beyond if they want to enjoy the same level of pension as their parents' generation.

15 Feb 2016

Deposits and lending criteria keep FTB figures flat

Deposits and lending criteria keep FTB figures flat

Despite record mortgage affordability, current housing policy needs to be revised to meet homeownership targets, according to the Intermediary Mortgage Lenders Association.

15 Feb 2016

Stamp duty changes fail to inspire homemovers

Stamp duty changes fail to inspire homemovers

Although stamp duty changes provided a savings boost for many homemovers and rising house prices helped to increase equity levels for those already owning their own property, the number of people moving house in 2005 stood at 365,0001 - slightly behind the 366,400 who moved in 2014.

13 Feb 2016

Tribunal asks FCA to reconsider adviser ban

Tribunal asks FCA to reconsider adviser ban

The Upper Tribunal has asked the FCA to reconsider its decision to refuse a former HSBC adviser permission to carry out regulated activities.

12 Feb 2016

In the Spotlight with Andy Beswick, Aviva

In the Spotlight with Andy Beswick, Aviva

We spoke to Andy Beswick, MD of Business Solutions at Aviva, about why advisers should tap into the auto-enrolment market and what support providers like Aviva can offer.

12 Feb 2016

TSB launches 'lowest 10-year fix'

TSB launches 'lowest 10-year fix'

TSB Intermediary claims to have launched the best 10-year fixed rate mortgage on the market.

12 Feb 2016

Bank of England launches Central Banking Qualification

Bank of England launches Central Banking Qualification

The Bank of England has launched a new postgraduate qualification in Central Banking and Financial Regulation.

12 Feb 2016

Clever Lending urges brokers to prioritise pipeline cases

Clever Lending urges brokers to prioritise pipeline cases

Clever Lending has implemented its new processes for MCD-compliant secured loans to ensure new cases presented from 15th February will adopt the new regulatory regime.

12 Feb 2016

PMS and Sesame to host mortgage seminars

PMS and Sesame to host mortgage seminars

PMS and Sesame are hosting a series of seminars at 12 venues across the UK for clients of the PMS mortgage club and Bankhall, along with Sesame Network members.

12 Feb 2016

 

Jumping over the conveyancing hurdle

Jumping over the conveyancing hurdle

The Legal Ombudsman recently published statistics which showed that conveyancing was the most complained about legal service. That perhaps isn't particularly surprising given the number of conveyancing cases that are taken on and completed each year, not forgetting the fact that most people's experience of legal services will only be through conveyancing or perhaps the writing of wills. Clearly there is a lot of other individual legal activity undertaken but these are not common touchstones for the general public and the legal profession.

12 Feb 2016

L&G Mortgage Club sales hit £46bn in 2015

L&G Mortgage Club sales hit £46bn in 2015

Legal & General Mortgage Club has announced 15% sales growth in 2015 with £46 billion of sales through its partnerships with lenders and over 6,000 mortgage brokers.

12 Feb 2016

BoE considering Shari'ah compliant liquidity facilities

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BoE considering Shari'ah compliant liquidity facilities

The Bank of England has published a consultation paper on establishing Shari'ah compliant liquidity facilities. The paper presents the preliminary findings of the feasibility study it commenced in the second half of 2015, and seeks stakeholders' views on the options identified.

12 Feb 2016

CBI downgrades GDP growth forecasts

CBI downgrades GDP growth forecasts

The CBI has downgraded its GDP growth forecast for both 2016 (to 2.3%, from 2.6% in November) and 2017 (to 2.1%, down from 2.4%).

12 Feb 2016

Nationwide mortgage lending up 16%

Nationwide mortgage lending up 16%

Nationwide has reported that gross mortgage lending increased by 16% in the nine months to 31 December 2015 to reach £23.6 billion, representing a market share of 13.5%.

12 Feb 2016

Rob Jupp: Judge mortgages like life assurance

Rob Jupp: Judge mortgages like life assurance

There are some things about our mortgage market that work really well - and other things that struggle to work at all. The way that people with impaired credit are treated is something that really does not work well and it is time that this changed.

11 Feb 2016

RICS: housing market activity buoyant in January

RICS: housing market activity buoyant in January

New buyer enquiries rose for the tenth successive month in January, according to the latest UK Residential Market Survey.

11 Feb 2016

Zopa announces Innovative Finance ISA details

Zopa announces Innovative Finance ISA details

Zopa has confirmed that it is prepared to launch its Innovative Finance ISA from the 6th of April, and will offer the same rates as on its standard products, with no additional fees or charges.

11 Feb 2016

Adviser business volumes at seven-year high

Adviser business volumes at seven-year high

The mortgage market grew in Q4 2015, with confidence among advisers at the highest levels seen since the onset of the financial crisis, according to Paragon Mortgages.

11 Feb 2016

Countrywide appoints former Royal Mail Chief

Countrywide appoints former Royal Mail Chief

Countrywide has announced that Peter Long, former Royal Mail Chairman, has been appointed as Non-Executive Director and will replace Grenville Turner as Non-Executive Chairman on 27th April.

11 Feb 2016

Twenty7Tec launches MCD compliant system

Twenty7Tec launches MCD compliant system

Twenty7Tec Group's systems are now fully compliant with the forthcoming Mortgage Credit Directive.

11 Feb 2016

Govt to cap pension exit fees by March 2017

Govt to cap pension exit fees by March 2017

The government has confirmed that it will limit early exit charges for pensions by introducing legislation which requires the FCA to cap early exit charges; and by mirroring these requirements for trust-based schemes.

11 Feb 2016

ASTL: bridging lending hits £2.59bn in 2015

ASTL: bridging lending hits £2.59bn in 2015

£2.59bn of bridging loans were written by ASTL members in 2015 - an annual increase of 13.8%.

11 Feb 2016

Halifax: fixed and variable rate gap widens 'significantly'

Halifax: fixed and variable rate gap widens 'significantly'

Fixed rate mortgages fell to their lowest levels in 2015, whilst the standard variable rate remained static, according to Halifax.

11 Feb 2016

Buy-to-let surge pushes approvals to nine-year high

Buy-to-let surge pushes approvals to nine-year high

A surge in buy-to-let mortgage approvals ahead of stamp duty changes has taken home lending to its highest peak in nine years.

11 Feb 2016

TMA announces three key appointments

TMA announces three key appointments

TMA has increased the number of staff in its immediate team by 30% with three new appointments.

11 Feb 2016

NIESR: fall in GDP growth indicates 'subdued' 2016

NIESR: fall in GDP growth indicates 'subdued' 2016

NIESR's monthly estimates of GDP suggest that output grew by 0.4% in the three months ending in January 2016 after growth of 0.5% in the three months ending in December 2015.

10 Feb 2016

IFISA falls short of expectation

IFISA falls short of expectation

More work is needed for legislation to succeed, says Goji Managing Director and Co-founder Jake Wombwell-Povey.

10 Feb 2016

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