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ABI: pension freedoms payments reach £2.5bn

ABI: pension freedoms payments reach £2.5bn

Almost £2.5billion worth of payments has been made to customers in the first three months since the new pension freedoms came in, equivalent to £27million a day, according to the Association of British Insurers.

03 Sep 2015

Precise reduces BTL rates

Precise reduces BTL rates

Precise Mortgages has today reduced rates on its buy to let mortgage range.

03 Sep 2015

Enterprise Finance granted FCA permissions

Enterprise Finance granted FCA permissions

Enterprise Finance has received confirmation from the FCA that its application to vary its permissions - by adding 'advising on regulated mortgage contracts' - has been approved.

03 Sep 2015

Retirees' property transactions total £775bn

Retirement

Retirees' property transactions total £775bn

Nearly two in five (37%) homeowners over the age of 55 are planning at least one more property purchase, accounting for more than three million property transactions worth over £775 billion in total.

03 Sep 2015

Pension freedoms could be new mis-selling scandal, says panel

Pension freedoms could be new mis-selling scandal, says panel

The Financial Services Consumer Panel has warned that there is a "real risk" the industry will develop inappropriate products to replace the lost profits obtained from selling annuities, potentially resulting in mis-selling similar to the personal pensions scandal in the early 1990s which led to £12 billion in compensation being paid out.

02 Sep 2015

HLP expands senior management team

HLP expands senior management team

HomeLoan Partnership has appointed Martin Sims as Development Director.

02 Sep 2015

Nottingham BS joins SimplyBiz Mortgages' panel

Nottingham BS joins SimplyBiz Mortgages' panel

Nottingham Building Society has joined the SimplyBiz Mortgages panel of lenders.

02 Sep 2015

FSE London announces full seminar theatre line-up

FSE London announces full seminar theatre line-up

Front Events, organisers of the Financial Services Expo London show for financial advisers, has today announced its full seminar line-up for the exhibition covering three theatres.

02 Sep 2015

Hinckley & Rugby cuts high LTV rates

Hinckley & Rugby cuts high LTV rates

Hinckley & Rugby Building Society has cut the interest rates on fixed rate mortgages at up to 95 and 90% LTV.

02 Sep 2015

Al Rayan Bank targets intermediary growth

Al Rayan Bank targets intermediary growth

Al Rayan Bank has announced the appointment of a dedicated 'Intermediaries Specialist', as the Bank seeks to grow the volume of retail assets it services through the mortgage intermediary market.

02 Sep 2015

 

LendInvest unveils new brand identity

LendInvest unveils new brand identity

LendInvest has today revealed its new brand identity and made a statement rejecting 'old-school finance'.

02 Sep 2015

The ABCs of the MCD - how will the upcoming Mortgage Credit Directive affect you?

The ABCs of the MCD - how will the upcoming Mortgage Credit Directive affect you?

From the 21st of March 2016, the Mortgage Credit Directive will remove the broking of Buy-to-Let properties from consumer credit regulation.

02 Sep 2015

Lack of homes deters up to half of downsizers

Lack of homes deters up to half of downsizers

A lack of available homes to buy and the cost of moving are deterring people's plans to move to cheaper properties, according to Bower Retirement Services.

02 Sep 2015

Is today the best time to list a property?

Is today the best time to list a property?

The best time to sell your home is 2nd September, according to eMoov.co.uk, who cite a number of factors including high buyer activity, the Christmas countdown, and the weather.

02 Sep 2015

Monmouthshire BS sees 15% rise in mortgage lending

Monmouthshire BS sees 15% rise in mortgage lending

In its annual results published today, Monmouthshire Building Society announced total growth in assets of 7.0% and saw gross mortgage lending for the year rise 15.5% to £181.4m.

02 Sep 2015

Leeds launches new five year remortgage deal

Leeds launches new five year remortgage deal

Leeds Building Society has launched a new five year fixed rate deal for remortgagors in response to an increase in demand.

01 Sep 2015

Bank of Ireland partners with Sesame

Bank of Ireland partners with Sesame

Bank of Ireland for Intermediaries has announced a new partnership with Sesame Network, arming 1000 mortgage advisers with products through the Sesame Network.

01 Sep 2015

Friends Life launches Protect+ enhancements

Friends Life launches Protect+ enhancements

Friends Life, part of the Aviva Group, is offering counselling and carer support services to customers taking out protection cover.

01 Sep 2015

Guidance - what doesn't it cover?

Guidance - what doesn't it cover?

There's no doubting that, from an adviser perspective, the Government's Pension Wise guidance service is something of a controversial offering.

01 Sep 2015

Personal Touch gives advisers 'at retirement' deadline

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Personal Touch gives advisers 'at retirement' deadline

Personal Touch Financial Services has announced a new training support programme for all advisers who wish to continue to advise clients in the 'at retirement' market.

01 Sep 2015

BoE: July approvals at 17-month high

BoE: July approvals at 17-month high

The number of mortgage approvals rose to 68,764 in July - the highest level since February 2014.

01 Sep 2015

BoE chief economist tipped to replace FCA's Wheatley

BoE chief economist tipped to replace FCA's Wheatley

Bank of England chief economist, Andy Haldane, is rumoured to replace Martin Wheatley as head of the FCA.

01 Sep 2015

76% against financial companies using social media data

76% against financial companies using social media data

As financial companies increasingly look to use social media to assess an individual's suitability for products such as mortgages, loans and credit cards, research from Equifax reveals that consumers are unlikely to allow them access to this data.

01 Sep 2015

Stonebridge recruits new advisory firm

Stonebridge recruits new advisory firm

Darlington-based mortgage, protection and wealth advisers, i2i Financial Planning Group, has today become the latest appointed representative firm to join Stonebridge Group.

01 Sep 2015

Zopa appoints new CEO

Zopa appoints new CEO

Peer-to-peer lender Zopa, which recently crossed the £1 billion lending mark, has announced that Jaidev Janardana has been appointed the company's Chief Executive Officer with immediate effect.

01 Sep 2015

Dudley BS issues 'mortgage misfit' challenge

Dudley BS issues 'mortgage misfit' challenge

Dudley Building Society is challenging mortgage brokers to send in their most challenging residential mortgage enquiries, particularly those that have been turned away by mainstream lenders.

01 Sep 2015

Two thirds don't understand pension tax relief

Two thirds don't understand pension tax relief

66% of people struggle with the complex nature of pension tax relief, showing little or no understanding of how the tax system impacts pension contributions, according to research from Aviva.

01 Sep 2015

Remortgage loans reach record high

Remortgage loans reach record high

The average remortgage loan has reached a new high as homeowners cash in on rising property values, according to the National Mortgage Index from Mortgage Advice Bureau.

31 Aug 2015

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