Latest News

CMA launches competition law investigation into comparison site

shutterstock_141413575.jpg

CMA launches competition law investigation into comparison site

The Competition and Markets Authority says it is "setting clear ground rules for all online comparison tools" and opening an investigation into one site, believed to be Compare the Market, after suspecting that the way it sets up its contracts with insurers results in higher home insurance prices.

26 Sep 2017

Former FCA/PRA senior advisor joins Alliance Trust Savings

Former FCA/PRA senior advisor joins Alliance Trust Savings

Alliance Trust Savings has appointed Ron Baxter, a former senior advisor at the FCA and at the Bank of England's Prudential Regulatory Authority, as Chair of its Board.

26 Sep 2017

Mortgage approvals rebound in August: UK Finance

Mortgage approvals rebound in August: UK Finance

House purchase approvals by the High Street banks reached 41,807 in August, stronger than the monthly average of 41,133 over the last six months and 11% higher than the same time last year when the market was subdued following the referendum result.

26 Sep 2017

Uinsure announces two senior hires

Uinsure announces two senior hires

GI provider Uinsure has bolstered its team with two key appointments.

26 Sep 2017

Promise adds West One to sourcing platform

Promise adds West One to sourcing platform

Having assisted West One Loans in testing its new products, Promise has added West One to its sourcing platform.

26 Sep 2017

Pepper to launch new mortgage portal in rebrand

Pepper to launch new mortgage portal in rebrand

Pepper Homeloans has announced that it is rebranding to Pepper Money and launching a new broker portal "in the very near future".

26 Sep 2017

Mine the gap

Mine the gap

As the latest report on the topic of Later Life Lending from the CML observes, there is a very real and – for the industry and clients alike – worrying gap between the residential and lifetime mortgage markets. But could this be a mine of opportunity for those willing to embrace this dynamic and rapidly evolving market?

25 Sep 2017

Ashley Finance to launch bridging propostion in Scotland

Ashley Finance to launch bridging propostion in Scotland

Specialist lender Ashley Finance is launching two of its products onto the Scottish market.

25 Sep 2017

Together completes £275m securitisation

Together completes £275m securitisation

Together has announced the completion of its debut public residential mortgage-backed security transaction, issuing £275m to support its growth strategy.

25 Sep 2017

80% of remortgage customers still choosing free legals

80% of remortgage customers still choosing free legals

The majority of borrowers taking out a remortgage with Accord Mortgages are opting for free legal assistance, the lender announced today.

25 Sep 2017

 

Barclays launches 0.30% proc fee for all further advance cases

Barclays launches 0.30% proc fee for all further advance cases

Barclays Mortgages has announced that from today, it is introducing a procuration fee of 0.30% on all new residential and buy-to-let further advance cases.

25 Sep 2017

Freedom Finance partners with Bank of Ireland

Freedom Finance partners with Bank of Ireland

Freedom Finance has announced a strategic partnership with Bank of Ireland.

25 Sep 2017

Number of two-year 90% LTV deals hits record high

Number of two-year 90% LTV deals hits record high

The number of two-year fixed rate deals on offer at 90% LTV has hit an all-time high, according to Moneyfacts data.

25 Sep 2017

Lenders to face extra £10bn losses from consumer credit: BoE

Lenders to face extra £10bn losses from consumer credit: BoE

Lenders could need to hold an extra £10bn in capital to withstand potential consumer credit losses, the Bank of England has warned today.

25 Sep 2017

PLSA raises concerns over new FCA DB transfer rules

PLSA raises concerns over new FCA DB transfer rules

The Pensions and Lifetime Savings Association has responded to the FCA’s consultation Advising on Pension Transfers.

25 Sep 2017

A quarter or first-time buyers stressed by application process

A quarter or first-time buyers stressed by application process

One in four borrowers say they found the traditional mortgage application process to be stressful, while 5% felt compelled to complain to their lender or broker about the service they received, according to Trussle research.

25 Sep 2017

Labour to offer early state pension access for WASPI women

Labour to offer early state pension access for WASPI women

Labour shadow work and pensions secretary Debbie Abrahams is set to announce plans for women born in the 1950s to access a reduced state pension at the age of 64.

25 Sep 2017

In the Spotlight with Matt Smith, Octane Capital

In the Spotlight with Matt Smith, Octane Capital

We spoke to Matt Smith, Director of Risk at Octane Capital, about the new lender's proposition and whether there is a level of complacency within specialist lending.

22 Sep 2017

UK Finance report reveals high-LTV mortgages still ‘largely absent’

shutterstock_114626293.jpg

UK Finance report reveals high-LTV mortgages still ‘largely absent’

A new report comparing the UK and Irish mortgage markets released today by trade body, UK Finance, has revealed that high-LTV mortgages still ‘largely absent’ in the two countries.

22 Sep 2017

Clydesdale launch new fixed rate products

Clydesdale launch new fixed rate products

Clydesdale Bank has announced that it has launched its lowest-ever fixed rate mortgage.

22 Sep 2017

Retirement age BTL investors urged to be cautious

Retirement age BTL investors urged to be cautious

Would-be ‘pension pot’ landlords are being urged to seek advice before committing pension funds to property.

22 Sep 2017

Co-op Group sells final share in its banking arm

Co-op Group sells final share in its banking arm

The Co-operative Group no longer owns any part of the Co-operative Bank after it completed the sale of its remaining 1% stake in the business.

22 Sep 2017

Secure Trust joins forces with Intrinsic

Secure Trust joins forces with Intrinsic

The mortgage division of Secure Trust Bank has strengthened its offer with the appointment of Intrinsic Financial Services to its partner network.

22 Sep 2017

AA launch new 5-year fix range

AA launch new 5-year fix range

The AA has announced that it has launched a new range of 5-year fixed-rate mortgages between 75% and 85% LTV.

22 Sep 2017

Pure Retirement introduce portal for lifetime mortgage advisers

Pure Retirement introduce portal for lifetime mortgage advisers

Pure Retirement have launched a new broker portal which is now live for use, including facilities for online applications, case tracking, an educational learning zone and access to bespoke marketing support.

22 Sep 2017

PMS launches web solution for advisers

PMS launches web solution for advisers

PMS Mortgage Club has launched a new web solutions service which enables advisers to create their own website with the support of PMS’s in-house marketing team.

22 Sep 2017

Skipton strike it lucky at FS Cup

Skipton strike it lucky at FS Cup

The second annual FS Cup took place yesterday, seeing teams from the financial services industry compete to lift this year's trophy as well as raise thousands of pounds for charity.

21 Sep 2017

Why market diversity is the true 'common approach'

Why market diversity is the true 'common approach'

Part of the continuing strength of the mortgage market is the diverse nature of the mortgage lenders operating in today’s market. At the recent FSE London event there was a panel discussion on the buy-to-let market which principally covered the impending PRA portfolio landlord underwriting changes.

21 Sep 2017

Latest Money Careers

Popular this week

Specialist Lending Roadshow 2018

24.01.18 - 01.02.18

4 days
7 specialists
4 locations
Free to attend

Click here to register now