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PFCA calls for greater scrutiny of FOS cases

PFCA calls for greater scrutiny of FOS cases

The Professional Financial Claims Association has called for greater scrutiny of cases referred to the Financial Service Ombudsman.

09 Jun 2015

LV= launches broker webchat

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LV= launches broker webchat

LV= has announced that it will use Vizolution’s vChat, a web chat capability for LV= employees speaking to brokers remotely via its broker portal.

09 Jun 2015

Investec expands mortgage team

Investec expands mortgage team

Investec, the private bank and wealth manager, has strengthened its mortgage team with three appointments.

09 Jun 2015

Ex-equity release boss banned by FCA

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Ex-equity release boss banned by FCA

The Financial Conduct Authority has today banned ex-equity release director Kevin Allen from performing any function related to any regulated activity.

09 Jun 2015

HSBC to rename following global split

HSBC to rename following global split

HSBC's Chief Executive has today announced that the bank will rename its UK retail arm after it has separated from its global operations.

09 Jun 2015

Halifax Intermediaries cuts high LTV rates

Halifax Intermediaries cuts high LTV rates

Halifax Intermediaries has reduced the rates across its higher loan to value products for homemovers, remortgages, and first-time buyers.

09 Jun 2015

The Source launches broker rewards dashboard

The Source launches broker rewards dashboard

Source Insurance has today released the new Source Rewards Dashboard for brokers.

09 Jun 2015

MLAR: gross advances down 11% in Q1

MLAR: gross advances down 11% in Q1

The Bank of England and FCA's Q1 Mortgage Lenders and Administrators Statistics show that gross advances of £45.6bn were recorded in Q1 2015 - 3.2% lower than Q1 2014 and 11.1% lower compared with Q4 2014.

09 Jun 2015

Monmouthshire BS launches new remortgage and BTL range

Monmouthshire BS launches new remortgage and BTL range

Monmouthshire Building Society has launched a new range of two year fixed rate remortgage products for existing borrowers.

09 Jun 2015

HSBC to cut 10% of workforce in $5bn savings drive

HSBC to cut 10% of workforce in $5bn savings drive

HSBC today announced plans to cut thousands of jobs in the UK and around 25,000 jobs worldwide as it undertakes a "significant reshaping of its business portfolio".

09 Jun 2015

 

Halifax cuts FTB and remortgage rates

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Halifax cuts FTB and remortgage rates

Halifax has reduced rates across its first-time buyer, homemover and remortgage range by up to 0.3%.

09 Jun 2015

North-South repossession divide shrinks by 20%

North-South repossession divide shrinks by 20%

The North-South divide in home repossessions closed by a fifth from 2013 to 2014, according to research by e.surv.

09 Jun 2015

Accord launches fee-free range

Accord launches fee-free range

Accord Mortgages has today launched a range of 20 fee-free fixed-rate mortgages with either £250 cashback on completion or free standard legal fees, aimed at customers who want to minimise the upfront costs of moving home or remortgaging.

08 Jun 2015

Bellpenny completes £56m IFA acquisitions

Bellpenny completes £56m IFA acquisitions

National wealth manager Bellpenny announced today that it has completed two more IFA acquisitions, comprising total funds under management of £56m and more than 250 clients.

08 Jun 2015

What’s in a name – broker or adviser – does it matter?

What’s in a name – broker or adviser – does it matter?

This is an interesting question, and one that I’ve been asked on a few occasions. And absolutely, Yes! It matters.

08 Jun 2015

Key Partnerships sees surge in adviser registrations

Key Partnerships sees surge in adviser registrations

Key Partnerships has registered more than 5,500 advisers for its equity release referral service - a 41% annual increase.

08 Jun 2015

Kensington completes £508m securitisation

Kensington completes £508m securitisation

Specialist lender Kensington has closed a securitisation of £508 million – its second transaction in less than three months.

08 Jun 2015

CBI downgrades UK growth forecast

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CBI downgrades UK growth forecast

CBI is forecasting 2.4% growth for 2015 and 2.5% in 2016, a slight downgrade compared with February’s forecast of 2.7% and 2.6% respectively.

08 Jun 2015

FCA's SIPP amendments to "reduce costs for firms"

FCA's SIPP amendments to "reduce costs for firms"

The FCA have amended the capital requirements framework for self-invested personal pension operators.

08 Jun 2015

Berkeley Alexander announces record growth

Berkeley Alexander announces record growth

General insurance provider, Berkeley Alexander, has revealed a 56% year-on-year growth in new business and a 104% increase in online sales.

08 Jun 2015

New peer-to-peer lender launches

New peer-to-peer lender launches

A new peer-to-peer business lending platform has launched its first loan product, aiming to turn the concept of UK investing on its head.

08 Jun 2015

Positive Commercial Finance appoints BDM

Positive Commercial Finance appoints BDM

Positive Commercial Finance has appointed Samantha Williamson as Business Development Manager, following a sustained period of growth for the brokerage.

08 Jun 2015

Deutsche Bank CEOs resign following Libor scandal

Deutsche Bank CEOs resign following Libor scandal

Deutsche Bank's co-chief executives, Anshu Jain and Jürgen Fitschen, announced in "an extraordinary meeting" yesterday that they would step down.

08 Jun 2015

Complete FS strengthens broker support

Complete FS strengthens broker support

Complete FS, the South Coast based packager distributor, has appointed Tammy Clark and Andy Ingram to its Hampshire based team.

08 Jun 2015

Conveyancing transactions fall 16% in Q1

Conveyancing transactions fall 16% in Q1

The number of conveyancing transactions fell 16% in Q1 compared with Q4 2014, according to the Conveyancing Market Tracker from Search Acumen.

08 Jun 2015

Report shows generational gap in housing market optimism

Report shows generational gap in housing market optimism

There is a wide disconnect between prospective first-time buyers and their parents with regards to their perception of the first-time buyer market, according to Halifax.

08 Jun 2015

FCA publishes final buy-to-let MCD rules

FCA publishes final buy-to-let MCD rules

The Financial Conduct Authority has published the final rules on how it plans to regulate the buy-to-let market when the Mortgage Credit Directive takes effect in 2016.

05 Jun 2015

In the Spotlight with David Hollingworth, London & Country

In the Spotlight with David Hollingworth, London & Country

We spoke to David Hollingworth, Associate Director of Communications at London & Country Mortgages, about the benefits of the intermediary channel and the consequences of a Bank Rate rise.

05 Jun 2015

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