Latest News

Heddwyn Richards joins The Right Mortgage Network

Heddwyn Richards joins The Right Mortgage Network

Heddwyn Richards, former Head of Development at HL Partnership, has been appointed as National Accounts Manager for The Right Mortgage Network.

24 Jul 2015

Halifax launches fixed fee mortgage range

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Halifax launches fixed fee mortgage range

Halifax Intermediaries has launched a range of £795 fixed fee mortgages with £500 cashback for home movers, remortgages, and first-time buyers.

24 Jul 2015

Court of Appeal overturns Northern Rock compensation case

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Court of Appeal overturns Northern Rock compensation case

A court has reversed the decision to compensate 40,000 Northern Rock customers a total of £261m

24 Jul 2015

City level inflation to reach 10% over 2015

City level inflation to reach 10% over 2015

City level house price inflation is running at 8.4% as the housing recovery spreads, according to Hometrack, who expect year on year growth to be closer to 10% by the end of the year.

24 Jul 2015

Homebuyer salaries fall to four year low

Homebuyer salaries fall to four year low

The average salary of homebuyers seeking a mortgage fell to a near-four year low in June, according to the National Mortgage Index from Mortgage Advice Bureau.

24 Jul 2015

Virgin overhauls high-LTV range

Virgin overhauls high-LTV range

Virgin Money has announced a number of improvements to its higher LTV mortgage range for customers with smaller deposits.

23 Jul 2015

FCA appoints HSBC CEO as Practitioner Panel chair

FCA appoints HSBC CEO as Practitioner Panel chair

The Financial Conduct Authority has today announced the appointment of a new Chair for the FCA's independent Practitioner Panel.

23 Jul 2015

Paragon completes latest securitisation deal

Paragon completes latest securitisation deal

Paragon Mortgages' parent company, the Paragon Group of Companies, has completed its latest securitisation.

23 Jul 2015

Back to the future - rekindling your inner sales person

Back to the future - rekindling your inner sales person

How often, in both our business and personal lives, would we like the opportunity to go back and start all over again?

23 Jul 2015

FCA to give consumers access to complaints data

FCA to give consumers access to complaints data

The Financial Conduct Authority have published new rules which will allow consumers access to data on complaints made to financial services companies.

23 Jul 2015

 

Lloyds director elected new CII president

Lloyds director elected new CII president

Robert Fletcher has been elected the 119th president of The Chartered Insurance Institute at their annual general meeting.

23 Jul 2015

YBS sees strong mortgage activity in H1

YBS sees strong mortgage activity in H1

Yorkshire Building Society has announced that in H1, it increased core operating profit by 7.8%, raised mortgage balances by more than £600m and helped 3,386 first-time buyers onto the housing ladder.

23 Jul 2015

TSB profits drop 44% in H1

TSB profits drop 44% in H1

TSB has revealed a 20% drop in pre-tax profits to £44m, and a 44% drop in statutory profits to £23.2m in H1 2015.

23 Jul 2015

FCA announces savings account reforms

FCA announces savings account reforms

The FCA is introducing a series of new rules that will force firms to provide clear information on the interest rates on their cash savings products as well as clearly alerting consumers to changes in interest rates or the end of an introductory rate for example.

23 Jul 2015

Retirees own £300bn in property wealth

Retirees own £300bn in property wealth

Over 55s are sitting on more than £300bn in property wealth which could be accessed via equity release to provide funds in retirement, according to Retirement Advantage.

22 Jul 2015

F&TRC launches life insurance product ratings

F&TRC launches life insurance product ratings

F&TRC has announced the launch of its new product ratings service to help advisers understand which providers are offering the most suitable and comprehensive protection recommendations for their clients.

22 Jul 2015

Chaseblue announces expansion plans

Chaseblue announces expansion plans

Following a recent office move to new larger premises, South Wales-based Chaseblue Loans has embarked on a recruitment drive, strengthening its broker manager and administration support teams from 7 to 14.

22 Jul 2015

Leeds BS launches fee-free remortgage range

Leeds BS launches fee-free remortgage range

Leeds Building Society has extended its range of interest only mortgages with two new fee-free deals for remortgages.

22 Jul 2015

TFC appoints chief technical officer

TFC appoints chief technical officer

Specialist Distributor TFC Homeloans has appointed Dan Brown as chief technical officer.

22 Jul 2015

MPC: Greek uncertainty holds Bank Rate

MPC: Greek uncertainty holds Bank Rate

All members of the Monetary Policy Committee voted to hold Bank Rate at 0.5% at the most recent meeting.

22 Jul 2015

Remortgage equity hits record high

Remortgage equity hits record high

The latest figures from LMS reveal the average amount of equity withdrawn from remortgaging per customer rose to £34,505 in June, a 28% rise from May and the highest amount ever recorded.

22 Jul 2015

Latest data shows 1 in 4 switch to Halifax

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Latest data shows 1 in 4 switch to Halifax

Official figures released today by BACS, have found that Halifax has remained one of the most switched to banks on the high street. According to the report, one in every four switchers during last year chose the bank.

22 Jul 2015

Positive Lending's platform hits £100m in applications

Positive Lending's platform hits £100m in applications

360 Sourcing, the secured loan sourcing platform powered by specialist packager Positive Lending, has originated in excess of £100million since launch in April 2015.

21 Jul 2015

Right to Buy extension faces setback

Right to Buy extension faces setback

Goverment plans to extend Right to Buy to housing association tenants have been hindered after peers voted in favour of an amendment which states that charities should "not be compelled to use or dispose of their assets in a way which is inconsistent with their charitable purposes".

21 Jul 2015

A nation of shopkeepers and renters

A nation of shopkeepers and renters

Following on from my blog the other week, proceedings - although very slow - seem to be moving forward. For those that haven't read my last blog, I am buying a new house.

21 Jul 2015

Bank of England reforms announced

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Bank of England reforms announced

George Osborne has announced that the government will bring forward a Bank of England Bill this autumn to improve the Bank of England's governance and accountability.

21 Jul 2015

Stonebridge recruits AR firm

Stonebridge recruits AR firm

Stonebridge Group has announced the recruitment of a Midlands-based advisory practice, Green & Co Financial Services, joining as an appointed representative firm.

21 Jul 2015

Precise and Paragon lead the way in securitisations

Precise and Paragon lead the way in securitisations

Precise Mortgages announced last week the launch and price of their buy-to-let residential mortgage backed securities (RMBS) deals.

21 Jul 2015

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