Latest News

Precise & Connells announce valuation partnership

Precise & Connells announce valuation partnership

Connells Survey & Valuation has announced a valuations partnership with Precise Mortgages.

26 Feb 2016

Land Registry: annual house price growth at 7.1%

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Land Registry: annual house price growth at 7.1%

January saw an annual price increase of 7.1% and a monthly rise of 2.5%, according to the latest Land Registry house price index.

26 Feb 2016

Treasury Committee seeks to veto FCA exec hires

Treasury Committee seeks to veto FCA exec hires

The Treasury Committee has published a 'scrutiny of appointments' report requiring a veto over the appointment and dismissal of the Chief Executive of the FCA.

26 Feb 2016

Williams & Glyn separation delayed until 2017

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Williams & Glyn separation delayed until 2017

The separation of Williams & Glyn will not be achieved until after Q1 2017, according to RBS.

26 Feb 2016

RBS reports £2bn annual loss

RBS reports £2bn annual loss

Royal Bank of Scotland has reported a loss of £1.98bn for 2015 - its eighth annual loss.

26 Feb 2016

Coventry BS mortgage lending up 8%

Coventry BS mortgage lending up 8%

Coventry Building Society has announced a 7% rise in profit before tax to £216 million, and an 8% rise in new mortgage lending to £8 billion in 2015.

26 Feb 2016

Precise and Fluent Money complete MCD-compliant loan

Precise and Fluent Money complete MCD-compliant loan

Precise Mortgages has paid out on its first MCD compliant second charge loan which was submitted by Fluent Money.

26 Feb 2016

Freedom Finance joins fraud prevention service

Freedom Finance joins fraud prevention service

Freedom Finance has today joined Cifas, the UK fraud prevention service.

25 Feb 2016

Higher income earners three times more likely to seek advice

Higher income earners three times more likely to seek advice

Just over 1 in 2 people (56%) in the higher income bracket (£50,001 to £60,000) have taken financial advice on their retirement plans versus 1 in 5 (18%) earning under £50,000.

25 Feb 2016

Rise to the buy-to-let challenge

Rise to the buy-to-let challenge

It's no secret that the buy-to-let market has had a tough time of it of late. Those of us operating in the sector have every right to feel somewhat put upon. The government has targeted the market on more than one occasion over the last 12 months and the sector - which has always been resilient - is doing its best to cope with what's thrown at it.

25 Feb 2016

 

Omni Capital rebrands to Fortwell Capital

Omni Capital rebrands to Fortwell Capital

Omni Capital Partners has changed its name to Fortwell Capital to distinguish itself from its retail finance business, as well as investment firm Omni Equity Partners.

25 Feb 2016

Yorkshire BS lending drops 9%

Yorkshire BS lending drops 9%

Yorkshire Building Society has reported gross lending of £6.9bn in 2015 compared to £7.6bn in 2015, while net lending fell from £2.6bn to £1.1bn.

25 Feb 2016

GDP growth confirmed at 0.5% in Q4

GDP growth confirmed at 0.5% in Q4

GDP increased by 0.5% between Q3 and Q4 2015, confirming overall growth for the year at 2.2%, according to the ONS.

25 Feb 2016

L&G announces £55m modular housebuilding plans

L&G announces £55m modular housebuilding plans

Legal & General has today announced the launch of its modular housing business, Legal & General Homes, which will provide thousands of pre-fabricated houses through its new factory in the North of England.

25 Feb 2016

Complete FS announces intermediary seminar series

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Complete FS announces intermediary seminar series

Complete FS has announced the first of a series of specialist lending seminars for intermediaries.

25 Feb 2016

First Complete begins nationwide MCD training

First Complete begins nationwide MCD training

First Complete is carrying out UK-wide training on the impact of the Mortgage Credit Directive and how it will affect brokers in the network.

25 Feb 2016

Lloyds profits drop 7% due to PPI claims

Latest News

Lloyds profits drop 7% due to PPI claims

Lloyds Banking Group has reported statutory profit before tax of £1.6 billion in 2015 - a 7% drop which it attributed to increased PPI charges.

25 Feb 2016

Next London mayor faces "formidable" housing deficit

Next London mayor faces "formidable" housing deficit

London's future mayor faces a "formidable housing challenge", as the capital enters 2016 more than a fifth behind its new homes aims, according to Stirling Ackroyd.

25 Feb 2016

Second charge lender receives FCA authorisation

Second charge lender receives FCA authorisation

Secured lender, Lesley, Stephen & Co. Limited, has received authorisation from the FCA ahead of the Mortgage Credit Directive.

24 Feb 2016

Advisers see rise in lump sum equity release sales

Advisers see rise in lump sum equity release sales

Equity release advisers are forecasting a rise in demand for lump sum equity release plans, according to research from Bower Retirement Services.

24 Feb 2016

Two short-term lenders receive FCA authorisation

Two short-term lenders receive FCA authorisation

Ferratum UK and Wizzcash.com have both been granted authorisation by the FCA.

24 Feb 2016

Tougher mortgage affordability sparks bridging boom

Tougher mortgage affordability sparks bridging boom

An increasing number of brokers are turning to bridging loans after their clients failed to secure a mortgage, according to research from MTF.

24 Feb 2016

BBA reports "significant rise" in mortgage borrowing

BBA reports "significant rise" in mortgage borrowing

January saw gross mortgage borrowing of £13.6 billion - 38% higher than a year ago and the highest since mid-2008, according to the latest BBA stats.

24 Feb 2016

Mortgage lending at post-crisis records across UK

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Mortgage lending at post-crisis records across UK

House purchase lending saw an increase across Wales, Scotland and Northern Ireland in Q4, according to the latest CML statistics.

24 Feb 2016

London mortgage lending dips in 2015

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London mortgage lending dips in 2015

House purchase lending in London has declined in 2015 in comparison with the previous year, according to new data from the CML.

24 Feb 2016

Norton and Loans Warehouse complete first MCD-compliant loan

Norton and Loans Warehouse complete first MCD-compliant loan

Norton Home Loans has completed what it believes to be the secured loan industry's first MCD-compliant loan since they went live with the new regulation on the 15th February.

24 Feb 2016

The People's Pension and LV= offer £49 robo-advice

The People's Pension and LV= offer £49 robo-advice

B&CE has teamed with LV= to offer an online retirement planning tool for members of The People's Pension and the construction industry EasyBuild scheme.

24 Feb 2016

VitalityLife launches new Whole of Life range

VitalityLife launches new Whole of Life range

VitalityLife has announced the launch of two new Whole of Life products: Interest Rate Optimiser and Premium Optimiser.

24 Feb 2016

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