Latest News

Santander launches new FTB exclusives

Santander launches new FTB exclusives

Santander has launched two new first-time buyer exclusives and reduced rates on selected high LTV products.

22 Jun 2015

Half of FTBs plan to use HTB scheme

Mortgages

Half of FTBs plan to use HTB scheme

The Government's Help to Buy scheme is now the most popular way for first-time buyers to get on to the housing ladder.

22 Jun 2015

Barclays joins MCI panel

Barclays joins MCI panel

Barclays has become the latest lender to join MCI Mortgage Club's panel, joining Nationwide, Virgin Money, NatWest and Lloyds Banking Group.

22 Jun 2015

Rob Jupp: The future is regulation

Rob Jupp: The future is regulation

The Mortgage Credit Directive hails a new era of regulation. I believe that it will however only be the start of what is to come - which will be a fully regulated market for all loans and for all lenders and introducers.

22 Jun 2015

Will increased flexibility tempt savers into risky investments?

Will increased flexibility tempt savers into risky investments?

New tax-free allowances and increased flexibility will encourage savers and investors to put more money away - but could lead to a rise in the levels of risk they take on investments and the impact on their money, according to Yorkshire Building Society.

22 Jun 2015

Mortgage affordability at six-year high

Mortgage affordability at six-year high

Affordability of monthly mortgage repayments is a barrier to property purchase for just a third (33%) of consumers, down from 37% in March, and the lowest level since June 2009.

20 Jun 2015

Product Watch: a round up of this week's criteria changes

Product Watch: a round up of this week's criteria changes

In the first of a new regular weekly column, Christine Newell, Mortgages Technical Director at mortgage distributor, Paradigm Mortgage Services, gives advisers the benefit of her experience, combining some the latest lender product range developments with any important criteria shifts.

19 Jun 2015

Investment fraud gang jailed for total of 32 years

Investment fraud gang jailed for total of 32 years

Eight people have received custodial sentences totalling 32 years and 9 months for their involvement in operating an unauthorised collective investment scheme through three land banking companies that resulted in over 110 investors losing at least £4.3 million.

19 Jun 2015

Less than a third of parents have adequate protection

Less than a third of parents have adequate protection

Despite the majority of parents saying their top financial priority is to ensure their children are looked after if they were unable to work due to death or illness, less than a third of parents have any critical illness cover in place (28%), and even fewer have income protection (19%) or family income benefit (13%).

19 Jun 2015

In the Spotlight with Lauren Bagley, TMA

In the Spotlight with Lauren Bagley, TMA

We spoke to Lauren Bagley, Marketing Manager at TMA, about the value of advice, TMA's ‘Inspired’ campaign, and the advantages of a mortgage club.

19 Jun 2015

 

ABI: mandatory pensions advice should be scrapped

ABI: mandatory pensions advice should be scrapped

The Association of British Insurers has outlined a proposal to create a new "customer control" mechanism that will allow customers to access their pot without having to pay for advice.

19 Jun 2015

The eye of the pension freedom storm

The eye of the pension freedom storm

It certainly feels like we're in the eye of the pension freedom storm at present with all the media interest around who is and isn't able to access their pots, how much they've been drawing down, what exit charges are being made, and the political and regulatory views on how the pre-April theory is playing out in practice.

19 Jun 2015

Home ownership down for first time in a century

Home ownership down for first time in a century

According to the 2011 Census released today by the ONS, the proportion of owned homes in 2011 decreased by 5 percentage points, the first fall in a century.

19 Jun 2015

Newcastle BS launches New Build range

Newcastle BS launches New Build range

Newcastle Building Society has launched a range of New Build products up to 90% LTV.

19 Jun 2015

Standard Life's Chief Executive steps down

Standard Life's Chief Executive steps down

Standard Life have announced that David Nish is stepping down on 5 August 2015 after six years as Chief Executive and nine years as a Director.

19 Jun 2015

House price sentiment at eight-month high

House price sentiment at eight-month high

23.7% of households across the UK said that the value of their home had risen over the last month, while 4.6% reported a fall according to the House Price Sentiment Index from Knight Frank and Markit Economics.

19 Jun 2015

Retirees expect a fifth less than their predecessors

Retirement

Retirees expect a fifth less than their predecessors

The next generation of retirees expect to be worse off in retirement by almost a fifth (18%) compared with those leaving the workplace this year, according to new research by Prudential.

19 Jun 2015

Broker confidence hits post-MMR high

Broker confidence hits post-MMR high

Broker confidence in the outlook for their own firms continues to recover, with the proportion of intermediaries who feel "very confident" about the outlook for the intermediary sector and the mortgage market as a whole now just below the all time high recorded in Q1 2014 - before the introduction of MMR.

19 Jun 2015

TSB reduces rates across mortgage range

TSB reduces rates across mortgage range

TSB has today cut mortgage rates by up to 0.2% across a wide range of mortgages for homeowners, homebuyers, and landlords.

18 Jun 2015

Over half of Complaints Commissioner cases FCA related

Over half of Complaints Commissioner cases FCA related

The Complaints Commissioner received 116 new complaints over the past year (up 16%), over half of which were regarding the Financial Conduct Authority.

18 Jun 2015

Equiniti Pancredit launches loan comparison site

shutterstock_156997538.jpg

Equiniti Pancredit launches loan comparison site

Equiniti Pancredit has announced the launch of FairMoney, a loan comparison site that uses the applicant's credit profile to match them to the best loans available for their circumstances.

18 Jun 2015

LV= joins UnderwriteMe

LV= joins UnderwriteMe

LV= have become the latest insurer to confirm that they will be joining the UnderwriteMe comparison service, which allows intermediaries to obtain underwritten "buy now" or estimated prices and benefits using just one application process.

18 Jun 2015

Lynda Blackwell: MCD will have 'major impact' on seconds market

Lynda Blackwell: MCD will have 'major impact' on seconds market

Speaking at the Financial Reporter breakfast meeting this morning, the FCA's Lynda Blackwell acknowledged the 'major impact' that the Mortgage Credit Directive would have on the second charge market.

18 Jun 2015

Barclays improves interest only criteria

Barclays improves interest only criteria

Following a review of its residential lending criteria, Barclays is expanding its part and part lending criteria where the sale of property is used as the repayment vehicle.

18 Jun 2015

1st Stop Home Loans launches packaging option

1st Stop Home Loans launches packaging option

1st Stop Home Loans has successfully launched a packaging service option so that brokers can now package their secured loan application for clients before sending it to 1st Stop for processing.

18 Jun 2015

CML: lending remains steady in May

CML: lending remains steady in May

Gross mortgage lending in May showed little change on the previous month or on the same month last year, according to the Council of Mortgage Lenders.

18 Jun 2015

Access 4 Finance announces #treatingintroducersfairly pledge

Access 4 Finance announces #treatingintroducersfairly pledge

Access 4 Finance has today announced its #treatingintroducersfairly business pledge which focuses on three areas: Money, Service and Criteria, which aims to ensure that regulation and TCF doesnt neglect the service offered to introducers.

18 Jun 2015

Dudley BS sees 68% rise in new lending

Dudley BS sees 68% rise in new lending

Dudley Building Society has announced its year end results with a £887,000 pre tax profit, up from £556,000 in 2014.

18 Jun 2015

Our Next Event

Commercial Finance Roadshow May 2017

Commercial Finance Roadshow May 2017

Exeter - 23/05/2017

Southampton - 24/05/2017

Rainham - 25/05/2017

Milton Keynes - 26/05/2017

Register now

Latest Money Careers

Popular this week