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Atom Bank expands fixed saver range

Atom Bank expands fixed saver range

Atom Bank has added two new products to its current fixed saver range, with three-year and five-year products available from today.

10 Jan 2017

Clydesdale and Yorkshire launch lowest ever fixed rate

Clydesdale and Yorkshire launch lowest ever fixed rate

Clydesdale and Yorkshire Banks have reduced rates across their retail mortgage range and are now offering their lowest ever fixed rate.

10 Jan 2017

Al Rayan Bank launches BTL range in Scotland

Al Rayan Bank launches BTL range in Scotland

Al Rayan Bank has announced the launch of Sharia compliant buy-to-let purchase plans for the Scottish market, one month after establishing its presence as the only wholly Sharia compliant retail bank in Scotland.

10 Jan 2017

Barcadia Media partners with NACFB for new Commercial Finance Roadshow

Barcadia Media partners with NACFB for new Commercial Finance Roadshow

Following the success of its Specialist and Buy-to-Let Roadshows in 2016, Barcadia is delighted to reveal that it has been chosen by the NACFB to launch a new Roadshow.

10 Jan 2017

BTL market begins to normalise following remortgage surge

BTL market begins to normalise following remortgage surge

While remortgaging continued to account for the bulk of activity in the buy-to-let market in Q4, purchase lending returned to levels seen before Q3, according to the latest Mortgages for Business Index.

10 Jan 2017

Investec launches Solvency II reporting solution

Investec launches Solvency II reporting solution

Investec Wealth & Investment has launched a fully-automated Solvency II reporting solution for financial mutual and insurance companies.

10 Jan 2017

Low equity release rates spark rise in plan switching

Low equity release rates spark rise in plan switching

Equity release rate cuts are driving increased inquiries about switching plans from existing customers, according to Bower Retirement research.

10 Jan 2017

DB pension deficits rise by £90bn in 2016

DB pension deficits rise by £90bn in 2016

The deficit of defined benefit pension funds stood at £560bn at the end of 2016, £90bn higher than a year earlier, according to PwC figures.

09 Jan 2017

Bank of Ireland ups lending age to 75 in criteria shake-up

Bank of Ireland ups lending age to 75 in criteria shake-up

Bank of Ireland for Intermediaries has announced a raft of new lending criteria changes in a bid to make its products available to a wider customer base.

09 Jan 2017

January sees largest fall in BTL products since 2009

January sees largest fall in BTL products since 2009

January has seen a "significant drop" in the number of buy-to-let mortgage products, with 74 deals withdrawn from the market in just one month, according to Moneyfacts data.

09 Jan 2017

 

Paymentshield enhances GI offering

Paymentshield enhances GI offering

Paymentshield has worked with its panel of insurers to enhance its GI offering and has implemented a range of changes.

09 Jan 2017

Paragon launches new fixed-rate BTL range

Paragon launches new fixed-rate BTL range

Paragon Mortgages has launched a new range of two and five year fixed-rate mortgage products available for buy-to-let purchase and remortgage.

09 Jan 2017

Brokers say lending restrictions biggest 2017 challenge

Brokers say lending restrictions biggest 2017 challenge

Over half (55%) of commercial and half (50%) of residential brokers now are confident about their business growth for 2017, according to Shawbrook Bank’s Broker Barometer.

09 Jan 2017

Newcastle Intermediaries hires three BDMs

Newcastle Intermediaries hires three BDMs

Newcastle Intermediaries has appointed three new Business Development Managers who will join Francesco Di Pietro to complete a national team of four.

09 Jan 2017

Adviser-focused P2P platform granted FCA authorisation

Adviser-focused P2P platform granted FCA authorisation

Octopus Choice, the peer-to-peer lending platform from Octopus Investments, has been granted full authorisation by the FCA.

09 Jan 2017

Government no longer biggest Lloyds shareholder

Government no longer biggest Lloyds shareholder

The government has reduced its remaining shareholding in Lloyds Bank to less than 6% and below the level of the next largest shareholder, it announced today.

09 Jan 2017

Annual house price growth rises to 6.5%: Halifax

Annual house price growth rises to 6.5%: Halifax

House prices in the last three months of 2016 were 2.5% higher than the previous quarter - up from the 0.9% quarterly rate of change in November and the highest seen since March, according to the latest Halifax house price index.

09 Jan 2017

Santander for Intermediaries to pay 0.2% proc fee

Santander for Intermediaries to pay 0.2% proc fee

Santander for Intermediaries has announced plans to pay mortgage brokers a procuration fee of 0.2% on retention business.

06 Jan 2017

Challenger bank boosts lending team ahead of predicted post-Brexit surge

Challenger bank boosts lending team ahead of predicted post-Brexit surge

Challenger bank OakNorth has announced the appointment of several new team members at its London office in preparation for a continued surge in demand for its lending services post-Brexit.

06 Jan 2017

A day in the life of your client

A day in the life of your client

I was on the train yesterday, passing the time doing emails, listening to music, swapping a few messages on WhatsApp, and bagging a few bargains in the January sales – all using various apps on my phone. The conductor passed through and asked to see tickets – mine was of course on my phone!

06 Jan 2017

Debt worries thwarting traditional retirement plans

Debt worries thwarting traditional retirement plans

Over a fifth of retirees are using the 25% tax-free portion of their pension pot towards debt repayments rather than investing in traditional retirement plans, according to online investment site True Potential Investor.

06 Jan 2017

Nucleus: include advice as non-charge withdrawal in LISA

Nucleus: include advice as non-charge withdrawal in LISA

With the HMRC’s consultation on the Lifetime ISA closing to responses today, Nucleus is calling for the inclusion of adviser charging as a non-charge withdrawal and a lower withdrawal charge of 20%.

06 Jan 2017

British Friendly pays 96% of IP claims in 2016

British Friendly pays 96% of IP claims in 2016

British Friendly paid 96.13% of Income Protection claims in 2016 according to its data, with over half of all claims (52%) authorised in one day or less.

06 Jan 2017

Key Retirement appoints CFO

Key Retirement appoints CFO

Key Retirement Group has appointed Rob Scott as CFO to further strengthen the executive team as it prepares for further expansion.

06 Jan 2017

Accord offers £1,000 cashback on extended offset range

Accord offers £1,000 cashback on extended offset range

Accord Mortgages has extended its range of offset mortgages for both house purchase and remortgage customers, including a choice home loans with no up-front fees.

06 Jan 2017

Prime London to see no price growth until 2019: Savills

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Prime London to see no price growth until 2019: Savills

Higher taxes and political and economic uncertainty continued to suppress prime London residential values throughout 2016, with prices now 12.5% lower than their December 2014 peak, according to Savills data.

06 Jan 2017

Jeff Knight joins Foundation Home Loans

Jeff Knight joins Foundation Home Loans

Foundation Home Loans has appointed Jeff Knight to the newly created role of Director of Marketing.

06 Jan 2017

Scottish Widows launches its lowest ever remortgage rates

Scottish Widows launches its lowest ever remortgage rates

Scottish Widows Bank has launched a new range of remortgage products which it says offer some of its lowest ever rates.

05 Jan 2017

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