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N&P launches its lowest ever five-year fix

N&P launches its lowest ever five-year fix

Norwich & Peterborough Building Society has today launched its lowest ever five-year fixed rate mortgage.

02 Apr 2015

Lending community backs Scottish market

Lending community backs Scottish market

Smart Money, which exhibited at the recent Expo in Glasgow, believes that Scotland represents untapped value for the specialist lending market, particularly in second charge and bridging lending.

02 Apr 2015

Major lenders announced for FSE Manchester

Major lenders announced for FSE Manchester

Financial Services Expo Manchester has today announced further exhibitors for this year’s event, including Brightstar Financial and Paradigm Mortgage Services.

02 Apr 2015

TFC Homeloans partners with Equity Release Supermarket

TFC Homeloans partners with Equity Release Supermarket

TFC Homeloans has today announced that it will be expanding its current proposition to include a whole of market equity release service.

02 Apr 2015

Mark Carney welcomes new Banking Standards Board

Mark Carney welcomes new Banking Standards Board

The Banking Standards Board today announced the line-up of its new Board, aiming to raise banking standards, begin to rebuild public trust and help sustain and "strengthen the UK’s position as one of the world’s great financial centres".

02 Apr 2015

Why I Love #FRAwards - Maeve Ward, Shawbrook Bank

Why I Love #FRAwards - Maeve Ward, Shawbrook Bank

In last year's Financial Reporter Industry Awards, Shawbrook Bank won our Best Secured Loan Lender award.

01 Apr 2015

Nationwide stops lending on foreign currency income

Nationwide stops lending on foreign currency income

Nationwide has announced that income paid in a foreign currency will no longer be accepted for new mortgage lending.

01 Apr 2015

Al Rayan Bank launches 1.90% ISA

Al Rayan Bank launches 1.90% ISA

Al Rayan Bank, formerly known as Islamic Bank of Britain, has today launched a 12 Month Fixed Term Deposit ISA with an expected profit rate of 1.90%.

01 Apr 2015

Prestige enhances large loan proposition

Prestige enhances large loan proposition

Following the recent introduction of a range of fixed rate plans, Prestige Finance is further enhancing its large loan proposition with two improvements to product and service.

01 Apr 2015

L&G joins TMA's protection panel

L&G joins TMA's protection panel

Legal & General has joined TMA’s protection panel, which now includes nine protection providers.

01 Apr 2015

 

Barclays launches new fixed rate deals

Barclays launches new fixed rate deals

From tomorrow, Barclays is making changes to its most popular 2, 3 and 5 year residential fixed rate mortgages.

01 Apr 2015

MGM launches 'money-back' annuity

MGM launches 'money-back' annuity

MGM Advantage has launched a new annuity for people looking to secure a guaranteed income for life.

01 Apr 2015

Sunset Clause brings income worries for advisers

Sunset Clause brings income worries for advisers

With one year to go until trail commission is switched off, a survey with 196 users of Intelliflo’s adviser-specialist software, Intelligent Office, has found that trail commission remains an important aspect of business income for 93% of them.

01 Apr 2015

Mortgage Intelligence appoints National Counties Group to lending panel

Mortgage Intelligence appoints National Counties Group to lending panel

National Counties Building Society and its recently established offshoot the Family Building Society has been appointed to the Mortgage Intelligence panel of lenders.

01 Apr 2015

West One Loans completes over £80m in Q1

West One Loans completes over £80m in Q1

West One Loans completed more than £80m worth of loans in the first quarter of 2015.

01 Apr 2015

Shawbrook launches £725m IPO

Shawbrook launches £725m IPO

Shawbrook has today announced the price of its initial public offering at 290 pence per Ordinary Share, valuing the company at £725 million.

01 Apr 2015

Mutuals join forces to become OneFamily

Mutuals join forces to become OneFamily

Today marks the first day of business for OneFamily following the merger of Family Investments and Engage Mutual.

01 Apr 2015

73% of brokers still dissatisfied with solicitor response levels

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73% of brokers still dissatisfied with solicitor response levels

Amicus (formally Capital Bridging Finance) has conducted its annual broker survey, which revealed that 73% of brokers continue to be dissatisfied with the response levels from clients' solicitors.

31 Mar 2015

Leeds BS launches new ISA range

Leeds BS launches new ISA range

Leeds Building Society is launching a range of new fixed rate ISAs and relaunching its 1.25% instant access savings account.

31 Mar 2015

ONS revise GDP growth up to 0.6%

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ONS revise GDP growth up to 0.6%

UK GDP is estimated to have increased by 0.6% between Q3 and Q4 2014, revised up 0.1 percentage points from the previous estimate of GDP published in February.

31 Mar 2015

The Source expands BDM team

The Source expands BDM team

Source Insurance have expanded their field based sales team with the addition of a new BDM.

31 Mar 2015

Sesame to pull investment network in re-structure

Sesame to pull investment network in re-structure

Sesame Bankhall Group today announced that it will no longer offer an AR network option for wealth firms.

31 Mar 2015

FCA consultation questions FSCS costs

FCA consultation questions FSCS costs

In January, the PRA and FCA jointly consulted on a proposed management expenses levy limit of £74.4 million to cover FSCS management expenses of £69.1 million.

31 Mar 2015

Santander relaunches 10 year fix

Santander relaunches 10 year fix

Santander has re-introduced a 10 year fixed rate product into its range - a 70% LTV at 3.24% with a £995 booking fee, purchase and remortgage.

31 Mar 2015

Royal London profits up 12%

Royal London profits up 12%

Royal London, the mutual life, pensions and investment group, saw new life and pensions business of £4,826m in 2014, a 39% increase on the previous year.

31 Mar 2015

FCA: banking complaints up 8%

FCA: banking complaints up 8%

The latest complaints data published by the Financial Conduct Authority shows financial services firms received 2,183,540 new complaints (including those related to PPI) between July and December 2014.

31 Mar 2015

Stamp duty changes save homebuyers £1 billion

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Stamp duty changes save homebuyers £1 billion

More than two thirds (69%) of homebuyers across the UK are likely to benefit from the new Stamp Duty regime, with 29% seeing no change and just 2% likely to pay more, according to data produced by Nationwide.

31 Mar 2015

FCA agrees to disclose internal audit reports

FCA agrees to disclose internal audit reports

The Financial Conduct Authority has agreed to provide the Treasury Committee with copies of internal audit reports given to the FCA’s Audit Committee, after more than a year of persistent pressure from the Committee.

31 Mar 2015

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