Latest News

Forex trader's 10-year prison sentence upheld

Forex trader's 10-year prison sentence upheld

The Court of Appeal has upheld a sentence of 10 years imprisonment imposed on Phillip Harold Boakes following his conviction on 6 March 2015 on charges prosecuted by the FCA.

24 Nov 2015

Make quality count in 2016

Make quality count in 2016

For anyone involved in the general insurance market it will be impossible to look back at 2015 without commenting on one huge - and hugely negative - development.

24 Nov 2015

NatWest raises loan to income maximums

NatWest raises loan to income maximums

NatWest Intermediary Solutions is raising the loan to income maximum on mortgages less than 75% LTV from 4.45 to 4.85 times income, and from 4.45 to 4.75 times income on mortgages between 75% and 85% LTV.

24 Nov 2015

Atom Bank secures £45m investment ahead of launch

Atom Bank secures £45m investment ahead of launch

Spanish bank BBVA has invested £45m on a 29.5% stake in Atom Bank in its final capital raise before launch.

24 Nov 2015

Bridgewater's Chris Prior joins Bower Retirement

Bridgewater's Chris Prior joins Bower Retirement

Bower Retirement Services is focusing on expansion and further growth in the South East and London with the appointment of Chris Prior as Partnerships Manager.

24 Nov 2015

The Mortgage Hut opens new headquarters

The Mortgage Hut opens new headquarters

The Mortgage Hut has officially opened its new headquarters just four years after the company was started in the bedroom of its founder, Chris Schutrups.

24 Nov 2015

Monthly remortgage growth at six-year high

Monthly remortgage growth at six-year high

The value of monthly gross remortgage lending has risen to £6.1bn in October, 20% higher than September's CML figure of £5.1bn, according to the latest figures from LMS.

24 Nov 2015

Aldermore to launch Help to Buy ISA

Aldermore to launch Help to Buy ISA

Aldermore will launch a Help to Buy ISA, under the Government's scheme, on Tuesday 1 December 2015.

24 Nov 2015

Paragon doubles BTL lending to £1.33bn

Paragon doubles BTL lending to £1.33bn

During 2015, Paragon's buy-to-let lending totalled £1.33 billion - representing a 102% increase on last year, according to its results for the year ending 30 September 2015.

24 Nov 2015

Accord launches limited edition 90% LTV range

Accord launches limited edition 90% LTV range

Accord Mortgages has reduced its residential rates by up to 0.30% across its two-year fixed rate 90% LTV range, with some mortgages including £250 cash back on completion and a free standard valuation.

24 Nov 2015

 

HSBC to continue foreign currency mortgage offering

HSBC to continue foreign currency mortgage offering

HSBC has confirmed that it will continue to offer residential mortgages to UK based borrowers who may receive part or all of their income in a foreign currency, after the new MCD rules are introduced in March 2016.

24 Nov 2015

Hope Capital increases maximum loan size to £5m

Hope Capital increases maximum loan size to £5m

Bridging lender Hope Capital has increased its maximum loan size to £5million with the ability to increase this still further for the right deal.

24 Nov 2015

Scottish Widows enters bulk annuity market with £400m buy-in

Scottish Widows enters bulk annuity market with £400m buy-in

Scottish Widows has today announced its first external bulk annuity transaction, a £400m pensioner buy-in with the Wiggins Teape Pension Scheme.

24 Nov 2015

Kensington issues £280m securitisation

Kensington issues £280m securitisation

Kensington has priced the second securitisation from its Gemgarto programme.

23 Nov 2015

Partnership's Enhanced account to accept crystallised pots

Partnership's Enhanced account to accept crystallised pots

Partnership has announced that its Enhanced Retirement Account can now accept crystallised as well as uncrystallised pension pots.

23 Nov 2015

Stonebridge launches wills proposition for AR firms

Stonebridge launches wills proposition for AR firms

Stonebridge Group has launched its new wills proposition for AR firms via a new relationship with ULS Technology.

23 Nov 2015

CML launches new mortgage fee tariff

CML launches new mortgage fee tariff

CML and Which? are today launching a new "tariff of mortgage charges" that will introduce a standard format for how lenders communicate their fees.

23 Nov 2015

Landbay partners with My Home Move

Landbay partners with My Home Move

Peer-to-peer lender Landbay has today announced a new partnership with My Home Move.

23 Nov 2015

Advice not worthwhile on pots under £120k, say consumers

Advice not worthwhile on pots under £120k, say consumers

Consumers are reluctant to pay for advice until they have an investment or pension pot totalling nearly £121,000, despite the £30,000 pot advisers believe is required to make advice worthwhile, according to Aegon.

23 Nov 2015

Govt considers 'emergency pause' for auto-enrolment

Govt considers 'emergency pause' for auto-enrolment

In a briefing paper published this month, the National Audit Office has revealed a government contingency plan to 'pause' auto-enrolment.

23 Nov 2015

Coventry for intermediaries launches new broker pledge

Coventry for intermediaries launches new broker pledge

Coventry for intermediaries is launching new service level pledges and simplifying its existing commitments to intermediaries.

23 Nov 2015

CML to vote on proposed BBA merger

CML to vote on proposed BBA merger

The Financial Services Trade Associations Review has recommended creating a new trade association formed from a merger of the British Bankers' Association, the Council of Mortgage Lenders, Payments UK and the UK Cards Association.

23 Nov 2015

IMLA: half of broker enquiries reach completion

IMLA: half of broker enquiries reach completion

Almost half (47%) of consumer enquiries to intermediaries about getting a mortgage resulted in a completion during Q3 2015, according to the Intermediary Mortgage Lenders Association.

21 Nov 2015

In the Spotlight with John Phillips, Just Mortgages

In the Spotlight with John Phillips, Just Mortgages

We spoke to John Phillips, national operations director at Just Mortgages, about its new client servicing division and the importance of creating ongoing relationships.

20 Nov 2015

Five star Octopus shines at FInancial Adviser Service Awards

Five star Octopus shines at FInancial Adviser Service Awards

Octopus Investments has been awarded the top accolade for the second successive year in the Financial Adviser Service Awards 2015, receiving a five star rating for its customer service.

20 Nov 2015

South East sees record high for house price growth sentiment

South East sees record high for house price growth sentiment

New data from Knight Frank has revealed that across the whole of the UK, homeowners perceived that the value of their home rose during November, with those in the South East and London perceiving the strongest price growth.

20 Nov 2015

RBS appoints new Ulster Bank Chief Executive

RBS appoints new Ulster Bank Chief Executive

RBS and Ulster Bank have announced the appointment of Gerry Mallon to the position of Chief Executive of Ulster Bank in the Republic of Ireland, effective June 2016.

20 Nov 2015

Investec to continue foreign currency mortgage offering

Investec to continue foreign currency mortgage offering

Investec Private Banking has confirmed that it will continue to offer residential mortgages to UK based borrowers who may receive part or all of their income in a foreign currency, after the new MCD rules are introduced in March 2016.

20 Nov 2015

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