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Skipton cuts Help to Buy products by up to 0.69%

Skipton cuts Help to Buy products by up to 0.69%

From tomorrow, Skipton Building Society is cutting rates by up to 0.69% on its Help to Buy range.

18 Jul 2017

Two-thirds of advisers concerned about DB scheme viability

Two-thirds of advisers concerned about DB scheme viability

Client concerns about the future solvency of their Defined Benefit pensions schemes is adding to the demand for transfers into SIPPs, according to Momentum Pensions research.

18 Jul 2017

House prices rise by 0.5% as momentum continues: UK HPI

House prices rise by 0.5% as momentum continues: UK HPI

House prices increased by 0.5% between April and May, with the average UK house price now standing at £220,713, according to the latest UK House Price Index from the ONS and the Land Registry.

18 Jul 2017

Teachers BS launches new Family Mortgage rates

Teachers BS launches new Family Mortgage rates

Teachers Building Society has launched new Family Mortgage options designed to help families support their relatives onto the property ladder.

18 Jul 2017

InterBay launches into residential bridging market

InterBay launches into residential bridging market

InterBay Commercial, part of OneSavings Bank, has launched a residential and commercial bridging range with rates from 0.44%.

18 Jul 2017

Inflation falls unexpectedly to 2.6%

Inflation falls unexpectedly to 2.6%

CPI inflation fell from 2.9% in May to 2.6% in June, according to the latest ONS statistics, which industry experts believe will relieve pressure on the Bank of England to raise interest rates.

18 Jul 2017

Buy-to-let flat fees hit record lows

Buy-to-let flat fees hit record lows

Flat fees for buy-to-let mortgages have hit new lots, falling by more than 5% in Q2 from £1,446 to £1,370, according to Mortgages for Business data.

18 Jul 2017

Trussle proposes new industry standards for mortgage switching

Trussle proposes new industry standards for mortgage switching

Online mortgage broker Trussle says a new set of industry standards should be introduced to the mortgage market to offer consumers more support with switching.

18 Jul 2017

First-time buyers: why the reality is different to the data

First-time buyers: why the reality is different to the data

I have some sympathy for consumers and existing borrowers who are often presented with market information which appears to show an incredibly fertile mortgage landscape, only to come face-to-face with a reality which appears rather different, if not entirely unrecognisable, from what they might have been led to believe.

17 Jul 2017

Most mortgage borrowers prepared for a rate rise: UK Finance

Most mortgage borrowers prepared for a rate rise: UK Finance

Most mortgage borrowers "look well placed to withstand rate increases higher than anything that is likely over the next couple of years", according to new trade body UK Finance.

17 Jul 2017

 

Masthaven expands mortgage team with three new recruits

Masthaven expands mortgage team with three new recruits

Masthaven has appointed John Smith as National Account Manager for First Charge Mortgages, as well as David Owen and Wes Baker as Business Development Managers.

17 Jul 2017

Furness launches Advance Stage Payment self-build mortgages

Furness launches Advance Stage Payment self-build mortgages

Furness Building Society has launched a new range for self-builders who are looking for an Advance Stage Payment mortgage.

17 Jul 2017

FCA: lenders improving on ensuring customer understanding

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FCA: lenders improving on ensuring customer understanding

An FCA review into customer understanding at retail banks and building societies has praised firms for developing systems and practices to assess customer understanding of particular products.

17 Jul 2017

Former Barclays mortgage MD joins Gatehouse Bank

Former Barclays mortgage MD joins Gatehouse Bank

Gatehouse Bank, a Shariah-compliant Bank based in London, has announced a raft of changes to the Board.

17 Jul 2017

18-24 year olds saving more than any other generation

18-24 year olds saving more than any other generation

Young adults are more likely to be saving regularly than any other generation, according to Aldermore research.

17 Jul 2017

'Exposed' advisers urged to review discretionary agreements

'Exposed' advisers urged to review discretionary agreements

The Personal Finance Society is urging financial advisers to review their discretionary investment management (DIM/DFM) agreements amid fears that thousands may be working with inadequate terms.

17 Jul 2017

FCA to investigate adviser platform use

FCA to investigate adviser platform use

The FCA's Investment Platforms Market Study will investigate competition between platforms as use by financial advisers and consumers continues to increase.

17 Jul 2017

North-South divide re-emerges as house prices slip further

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North-South divide re-emerges as house prices slip further

House prices fell further in June, declining for the third month in a row with average values now down £2,358 in the last quarter, according to the latest Your Move house price index.

17 Jul 2017

In the Spotlight with Chris Schutrups, The Mortgage Hut

In the Spotlight with Chris Schutrups, The Mortgage Hut

We spoke to Chris Schutrups, Group Managing Director of the Mortgage Hut, about how the uncertain economic outlook will continue to affect the housing market and the solutions on offer for self-employed, limited company directors and contractors.

14 Jul 2017

Are 'insistent clients' piling on the DB transfer pressure?

Are 'insistent clients' piling on the DB transfer pressure?

More than two out of five of advisers (44%) have seen a rise in the number of insistent clients wanting to push ahead with defined benefit pension transfers despite recommendations not to, according to Prudential research.

14 Jul 2017

Saffron For Intermediaries strengthens sales team

Saffron For Intermediaries strengthens sales team

Saffron For Intermediaries has promoted Holly Dennis to the role of Business Development Manager to further strengthen its intermediary sales team.

14 Jul 2017

Accord opens BTL range to first-time landlords

Accord opens BTL range to first-time landlords

From today, Accord’s buy-to-let mortgage range will be available to those buying a property to let for the first time.

14 Jul 2017

FCA fines compliance officer £75,000 for pension transfer failings

FCA fines compliance officer £75,000 for pension transfer failings

The FCA has fined David Watters £75,000 for "failing to exercise due skill, care and diligence" in his role as a compliance oversight officer at at FGS McClure Watters and Lanyon Astor Buller.

14 Jul 2017

High-LTV mortgage rates increase while product choice dwindles

High-LTV mortgage rates increase while product choice dwindles

Those who are only able to put down a 5% deposit continue to have "far less product choice and pay increasingly more for their loans" than those who are able to put down 25%, according to AmTrust.

14 Jul 2017

CII to launch new pension transfers qualification

CII to launch new pension transfers qualification

The Chartered Insurance Institute is preparing to launch a new pension transfers qualification following the FCA's proposals to tighten advice requirements for the transfer of safeguarded benefits.

14 Jul 2017

L&G appoints Head of IFA Sales for lifetime mortgages

L&G appoints Head of IFA Sales for lifetime mortgages

Legal & General has announced the appointment of Rob Miles to the role of Head of IFA Sales of its lifetime mortgage business.

14 Jul 2017

Financial services vacancies up 30%

Financial services vacancies up 30%

Vacancies within financial services increased by almost a third (29.4%) during the three months to May 2017, despite a 2.1% dip year-on-year, according to a report from APSCo.

14 Jul 2017

Over half to work past State Pension Age: Prudential

Over half to work past State Pension Age: Prudential

For a fifth year in a row, more than half of people planning to retire this year will consider working past their State Pension age.

14 Jul 2017

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