Latest News

Paradigm launches Marsden's Retired Mortgage range

Paradigm launches Marsden's Retired Mortgage range

Marsden Building Society has released a portfolio of Retired mortgages available semi-exclusively to Paradigm.

06 Aug 2015

Virgin Money launches 3-year fixed ISA

Virgin Money launches 3-year fixed ISA

Virgin Money has today launched two new saving accounts, a 3-year fixed rate ISA and a 3-year fixed rate bond.

06 Aug 2015

MPC vote 8-1 to maintain Bank Rate

MPC vote 8-1 to maintain Bank Rate

At its latest meeting, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%.

06 Aug 2015

Aviva sees strong profits following Friends Life merger

Aviva sees strong profits following Friends Life merger

Aviva's operating profits rose 9% to £1.17bn in H1, while the value of new business rose 25%, largely due to higher insurance premiums and the integration of Friends Life.

06 Aug 2015

IRESS enhances XPLAN for adviser efficiency

IRESS enhances XPLAN for adviser efficiency

IRESS has unveiled the latest version of its wealth management and advice solution, XPLAN.

06 Aug 2015

Monmouthshire sees increase in FTB loans

Monmouthshire sees increase in FTB loans

Genworth has today announced that its client, Monmouthshire Building Society, has significantly upped the number of first-time buyer loans it is offering to borrowers through its use of private mortgage insurance.

06 Aug 2015

The Lending Channel granted FCA permissions

The Lending Channel granted FCA permissions

The Lending Channel has had its variation for mortgage permissions granted by the FCA, which means it is now fully authorised for both mortgages and consumer credit.

06 Aug 2015

Annual house price growth eases in July

Annual house price growth eases in July

House prices in the three months to July were 7.9% higher than in the same three months a year earlier, lower than June's 9.6% and the lowest since December 2014 (7.8%).

06 Aug 2015

Young adults expect six times the average pension income

Savings & Investments

Young adults expect six times the average pension income

Young adults are the most unrealistic about their pension goals, with 16 to 24 year olds hoping to retire with an average annual income of £64,000 a year - nearly six times the average income they are on track for.

05 Aug 2015

HMRC wins £45m Abbey National tax case

Legal

HMRC wins £45m Abbey National tax case

HMRC has won a major tax avoidance case against Abbey National Treasury Services, now part of the Santander banking group.

05 Aug 2015

 

FCA to hold mortgage market debate

FCA to hold mortgage market debate

The FCA is hosting its Mortgage Conference on 7 September 2015 at the QEII Centre, London.

05 Aug 2015

HSBC appoints Antonio Simoes as CEO

HSBC appoints Antonio Simoes as CEO

HSBC has announced that from 1 September, Antonio Simoes will be appointed as Chief Executive of HSBC Bank plc and Chief Executive of Europe.

05 Aug 2015

A third rely on inheritance for financial stability

A third rely on inheritance for financial stability

One in three working Brits (35%) are relying on inheritance in order to achieve a stable financial future, but they could be in for a shock according to LV=.

05 Aug 2015

A quarter targeted by pension liberation scammers

A quarter targeted by pension liberation scammers

More than a quarter of pension savers have been targeted by pension liberation scammers since the introduction of the pension reforms.

05 Aug 2015

Intelliflo launches digital financial management hub

shutterstock_156997538.jpg

Intelliflo launches digital financial management hub

Intelliflo has rolled out its enhanced digital personal financial management hub, the Personal Finance Portal, to all 12,600 users of Intelligent Office, its business management software for advisers.

05 Aug 2015

L&G's operating profit rises 18% in H1

L&G's operating profit rises 18% in H1

Legal & General's operating profit rose by 18% in H1, helped by strong performance in the bulk annuity market - up 13% to £43.4bn.

05 Aug 2015

The Mansfield sees 49% jump in mortgage business

The Mansfield sees 49% jump in mortgage business

Mansfield Building Society has delivered a 49% increase in mortgage completions in H1.

05 Aug 2015

Principality lending exceeds £5bn

Principality lending exceeds £5bn

Principality Building Society has today announced that its lending to home owners has exceeded £5bn for the first time.

05 Aug 2015

Peter Brodnicki: Mirroring customer behaviour is the key to success

Peter Brodnicki: Mirroring customer behaviour is the key to success

As a business owner do you have a clearly stated, consistent, and managed customer experience?

04 Aug 2015

Leeds BS cuts fees assisted high-LTV rates

Leeds BS cuts fees assisted high-LTV rates

Leeds Building Society is reducing the rate of its fees assisted two year fixed rate mortgage at 90% LTV from 3.79% to 3.29%.

04 Aug 2015

Yorkshire BS revamps online mortgage offering

Yorkshire BS revamps online mortgage offering

Yorkshire Building Society is offering a new online innovation designed to make the mortgage application process easier and more flexible.

04 Aug 2015

Promise appoints Mortgage Packaging Manager

Promise appoints Mortgage Packaging Manager

Promise Solutions has appointed a new Mortgage Packaging Manager to support the growth of its packaging department.

04 Aug 2015

Pension freedoms dent Standard Life's H1 profits

Pension freedoms dent Standard Life's H1 profits

Standard Life's UK operating profit has dropped from £165m in H1 2014 to £141m in H1 2015.

04 Aug 2015

LifeQuote launches premium and sum assured quotations

LifeQuote launches premium and sum assured quotations

LifeQuote has said that MMR and its resultant focus on cash flow for borrowers has driven it to launch a premium driven service to support the traditional sum assured approach.

04 Aug 2015

Government sells £2.1bn of RBS shares

Government sells £2.1bn of RBS shares

The government has today sold 5.4% of its stake in the Royal Bank of Scotland, at a price of 330p per share.

04 Aug 2015

Family BS joins Complete FS panel

Family BS joins Complete FS panel

Complete FS, part of the National Counties Building Society, has announced the addition of Family Building Society to its lending panel.

04 Aug 2015

Bank Rate speculation fuels mortgage rate rises

Bank Rate speculation fuels mortgage rate rises

Since Bank of England Governor, Mark Carney, suggested just a few weeks ago that Bank Rate could rise by the turn of the year, several lenders have started to hike their mortgage rates, according to MoneySuperMarket.

04 Aug 2015

House price growth accelerates in July

House price growth accelerates in July

UK house prices increased by 0.4% in July, bringing the annual pace of house price growth from 3.3% in June to 3.5%, according to the latest Nationwide house price index.

04 Aug 2015

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