Latest News

Richard Coulson expands role to Pink Network

Richard Coulson expands role to Pink Network

Richard Coulson's role as business development director of First Complete has been expanded to Pink Network in an aim to join together aspects of LSL's network businesses as they target the next phase of growth.

17 Aug 2015

Demand for advisers up 66% since pension freedoms

Demand for advisers up 66% since pension freedoms

The number of savers turning to financial advisers has increased by 66% since the introduction of new pension freedoms

17 Aug 2015

Quintessential rebrands following FCA approval

Quintessential rebrands following FCA approval

Financial technology business Quintessential Finance Group has rebranded as it celebrates gaining FCA Principal status approval as a Consumer Credit Firm.

17 Aug 2015

Mortgage lending forecast to grow 11.7% in 2017

Mortgage lending forecast to grow 11.7% in 2017

Broader economic recovery, increased housing construction and demand-side incentives for the purchase of newly built properties will spark a growing appetite for mortgage lending over the next four years, according to a report by Timetric.

17 Aug 2015

ABI: protection payouts hit record high

ABI: protection payouts hit record high

In 2014, £3.44bn was paid to nearly 128,500 customers or families, up from £3.08bn paid out the previous year to help 98,900 households, according to the latest ABI figures.

17 Aug 2015

Housing market sees best August since credit crunch

Housing market sees best August since credit crunch

The August property market saw its strongest price performance since 2007, as the continuing supply/demand imbalance in the property market continues.

17 Aug 2015

Over one in five seek mortgage terms over 30 years

Over one in five seek mortgage terms over 30 years

Increasing numbers of homebuyers are searching for mortgage terms of over 30 years to make their monthly payments more affordable, according to Mortgage Advice Bureau.

17 Aug 2015

Just one in five will pay for pension advice

Just one in five will pay for pension advice

Although more than one in four (27%) over 55s with a pension plan to make a withdrawal following the introduction of Pension Freedoms, just one fifth would be willing to pay for financial advice, dropping to just 13% of men.

15 Aug 2015

In the Spotlight with Jo Breeden, Crystal Mortgages

In the Spotlight with Jo Breeden, Crystal Mortgages

We spoke to Jo Breeden, Managing Director of Crystal Mortgages, about the future of specialist lending and the buzz of completing a case.

14 Aug 2015

ONS: construction output increases in Q2

ONS: construction output increases in Q2

In Q2, output in the construction industry was estimated to have increased by 0.2% compared with Q1 and 2.4% compared to Q2 2014, according to the latest ONS figures.

14 Aug 2015

 

August property transactions at five-year high

August property transactions at five-year high

A national conveyancing firm has reported an "extraordinary jump" in the number of mortgage deals in the past two weeks, stating that the number of transactions in August is already at its highest for five years.

14 Aug 2015

Friends Life enhances IP quotation platform

Friends Life enhances IP quotation platform

Friends Life has enhanced its quotation platform's maximum benefit calculator facility to help advisers submitting income protection applications see how much income their clients will be eligible for.

14 Aug 2015

Equistone completes £50m pensions advice firm buyout

Equistone completes £50m pensions advice firm buyout

Equistone Partners, the former buyout arm of Barclays, has completed the £50m management buyout of financial services company Wealth at Work from Palatine Private Equity.

14 Aug 2015

Nine banks pay £1.3bn in forex settlements

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Nine banks pay £1.3bn in forex settlements

Nine banks are set to pay $2bn (£1.3bn) to US investors who have accused them of conspiring to manipulate foreign exchange rates.

14 Aug 2015

Positive Lending expands senior management team

Positive Lending expands senior management team

Bournemouth based specialist packager Positive Lending have announced the appointment of Anna Bennett into the newly created role of Marketing Director.

14 Aug 2015

Saffron launches 90% LTV Professional mortgage

Saffron launches 90% LTV Professional mortgage

Saffron For Intermediaries has extended its range of Professional Mortgages to include a 90% LTV deal.

14 Aug 2015

TenetLime adds protection brokerage to network

TenetLime adds protection brokerage to network

TenetLime has added specialist insurance brokerage, Protect Line, to its membership line-up.

14 Aug 2015

Newcastle BS enters BTL market

Newcastle BS enters BTL market

Newcastle Building Society Intermediary Services has announced its entry into the Buy to Let market.

13 Aug 2015

Skipton cuts high-LTV rates by up to 0.65%

Skipton cuts high-LTV rates by up to 0.65%

Skipton Building Society is tomorrow lowering rates on its 2 and 5 Year Fixed Rate residential range by up to 0.65%.

13 Aug 2015

Demand for longer-term fixes 'increases sharply' in Q2

Demand for longer-term fixes 'increases sharply' in Q2

81% of new mortgage cases handled by intermediaries were for fixed rate products in Q2, while the proportion of tracker applications fell 3% - all but reversing the trend identified in the first quarter.

13 Aug 2015

FCA bans and fines director £165k for SIPP advisory failings

FCA bans and fines director £165k for SIPP advisory failings

Robert Shaw, former director of advisory firm TailorMade Independent Ltd, has been banned from senior positions in financial services and fined £165,900 by the FCA.

13 Aug 2015

Mortgage arrears and repossessions continue to fall

Mortgage arrears and repossessions continue to fall

The repossession rate - already at its lowest since records began - continued to fall in Q2, according to latest data from the Council of Mortgage Lenders.

13 Aug 2015

FCA and PRA introduce new accountability regime

FCA and PRA introduce new accountability regime

The Financial Conduct Authority, alongside the Prudential Regulation Authority, have today announced a new accountability regime for senior managers in insurance companies and UK branches of non-EEA banks.

13 Aug 2015

Sanlam launches retirement income service

Sanlam launches retirement income service

Sanlam Private Wealth has launched the Sanlam Retirement Income Service.

13 Aug 2015

Solicitors say LPAs vital for drawdown clients

Solicitors say LPAs vital for drawdown clients

Solicitors are warning advisers that all drawdown clients should have a Lasting Power of Attorney in place when they retire.

13 Aug 2015

Saffron launches intermediary mortgage portal

Saffron launches intermediary mortgage portal

Saffron For Intermediaries, the broker channel of Saffron Building Society, has launched its new Intermediary Mortgage Portal.

13 Aug 2015

Are you at the top of your game?

Are you at the top of your game?

Sports fans, like me, are in their element at present. We've had two weeks of incredible tennis and the fantastic Open golf, and we're still in the midst of a thrilling Ashes series.

13 Aug 2015

RICS: properties for sale at record low

RICS: properties for sale at record low

The housing shortage worsened further during July, with the average number of properties for sale per surveyor slipping to a record low according to the latest RICS UK Residential Market Survey.

13 Aug 2015

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