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Steve Webb to join Royal London

Steve Webb to join Royal London

Former pensions minister Steve Webb is set to take a "senior role" at Royal London, according to reports.

27 Jul 2015

Bellpenny completes £157m IFA purchase

Bellpenny completes £157m IFA purchase

Bellpenny has today announced that it has completed another transaction in the IFA market.

27 Jul 2015

Equity release advisers demand interest-only solutions

Equity release advisers demand interest-only solutions

Over 40% of advisers want to see equity release lenders launch more solutions for customers facing interest-only mortgage shortfalls, according to Bower Retirement.

27 Jul 2015

HLP adds West Brom to panel

HLP adds West Brom to panel

HomeLoan Partnership has appointed the West Brom to its panel of lenders.

27 Jul 2015

Housing demand at eleven year high

Housing demand at eleven year high

Demand for housing reached an eleven year high in June, according to the National Association of Estate Agents.

27 Jul 2015

Metro Bank joins TMA panel

Metro Bank joins TMA panel

Metro Bank has been appointed to TMA's panel of lenders, extending the range of mortgages available to directly authorised brokers who use TMA.

27 Jul 2015

RBS backs Masthaven with new funding line

RBS backs Masthaven with new funding line

Masthaven Secured Loans has signed an agreement with Royal Bank of Scotland which makes available additional funding for the lender.

27 Jul 2015

Average 'affordable' house costs £190,000

Average 'affordable' house costs £190,000

The average price paid for a property through an affordable housing scheme is now £189,786 according to Halifax - just 4% (£7,750) lower than the £197,535 average for house purchases.

25 Jul 2015

In the Spotlight with Phil Whitehouse, MCI Club

In the Spotlight with Phil Whitehouse, MCI Club

We spoke to Phil Whitehouse, Managing Director at MCI Club, about the future of mortgage software and the similarities between being an AR or DA.

24 Jul 2015

Pension scam trustees wound up by High Court

Pension scam trustees wound up by High Court

Omni Trustees Ltd and Imperial Trustee Services Ltd, the trustees of the Henley Retirement Benefit Scheme and the Capita Oak Pension Scheme, have been wound up by the High Court following an investigation conducted by Company Investigations of the Insolvency Service.

24 Jul 2015

 

Newcastle BS revamps five-year fixes

Newcastle BS revamps five-year fixes

Newcastle Building Society has launched a new range of five year products that come with a range of options including no fees and incentives.

24 Jul 2015

Openwork triples operating profit

Openwork triples operating profit

Openwork has tripled its operating profit to £5.5m in 2014, an increase of more than 230% on 2013 when it posted a profit of £1.7m.

24 Jul 2015

BBA: mortgage approvals up 8%

BBA: mortgage approvals up 8%

Mortgage approvals were around 8% higher in June than at the same time last year (after allowing for the effects of the change in mortgage rules), according to BBA's June 2015 figures for the high street banks.

24 Jul 2015

Heddwyn Richards joins The Right Mortgage Network

Heddwyn Richards joins The Right Mortgage Network

Heddwyn Richards, former Head of Development at HL Partnership, has been appointed as National Accounts Manager for The Right Mortgage Network.

24 Jul 2015

Halifax launches fixed fee mortgage range

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Halifax launches fixed fee mortgage range

Halifax Intermediaries has launched a range of £795 fixed fee mortgages with £500 cashback for home movers, remortgages, and first-time buyers.

24 Jul 2015

Court of Appeal overturns Northern Rock compensation case

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Court of Appeal overturns Northern Rock compensation case

A court has reversed the decision to compensate 40,000 Northern Rock customers a total of £261m

24 Jul 2015

City level inflation to reach 10% over 2015

City level inflation to reach 10% over 2015

City level house price inflation is running at 8.4% as the housing recovery spreads, according to Hometrack, who expect year on year growth to be closer to 10% by the end of the year.

24 Jul 2015

Homebuyer salaries fall to four year low

Homebuyer salaries fall to four year low

The average salary of homebuyers seeking a mortgage fell to a near-four year low in June, according to the National Mortgage Index from Mortgage Advice Bureau.

24 Jul 2015

Virgin overhauls high-LTV range

Virgin overhauls high-LTV range

Virgin Money has announced a number of improvements to its higher LTV mortgage range for customers with smaller deposits.

23 Jul 2015

FCA appoints HSBC CEO as Practitioner Panel chair

FCA appoints HSBC CEO as Practitioner Panel chair

The Financial Conduct Authority has today announced the appointment of a new Chair for the FCA's independent Practitioner Panel.

23 Jul 2015

Paragon completes latest securitisation deal

Paragon completes latest securitisation deal

Paragon Mortgages' parent company, the Paragon Group of Companies, has completed its latest securitisation.

23 Jul 2015

Back to the future - rekindling your inner sales person

Back to the future - rekindling your inner sales person

How often, in both our business and personal lives, would we like the opportunity to go back and start all over again?

23 Jul 2015

FCA to give consumers access to complaints data

FCA to give consumers access to complaints data

The Financial Conduct Authority have published new rules which will allow consumers access to data on complaints made to financial services companies.

23 Jul 2015

Lloyds director elected new CII president

Lloyds director elected new CII president

Robert Fletcher has been elected the 119th president of The Chartered Insurance Institute at their annual general meeting.

23 Jul 2015

YBS sees strong mortgage activity in H1

YBS sees strong mortgage activity in H1

Yorkshire Building Society has announced that in H1, it increased core operating profit by 7.8%, raised mortgage balances by more than £600m and helped 3,386 first-time buyers onto the housing ladder.

23 Jul 2015

TSB profits drop 44% in H1

TSB profits drop 44% in H1

TSB has revealed a 20% drop in pre-tax profits to £44m, and a 44% drop in statutory profits to £23.2m in H1 2015.

23 Jul 2015

FCA announces savings account reforms

FCA announces savings account reforms

The FCA is introducing a series of new rules that will force firms to provide clear information on the interest rates on their cash savings products as well as clearly alerting consumers to changes in interest rates or the end of an introductory rate for example.

23 Jul 2015

Retirees own £300bn in property wealth

Retirees own £300bn in property wealth

Over 55s are sitting on more than £300bn in property wealth which could be accessed via equity release to provide funds in retirement, according to Retirement Advantage.

22 Jul 2015

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