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2015 will be 'ideal' for low fixed rates: Halifax

2015 will be 'ideal' for low fixed rates: Halifax

Borrowers currently on a standard variable rate could find substantial savings available by remortgaging, as well as the chance to fix a rate over the longer term and protect against rate rises in the future.

23 Feb 2015

Industry calls for independent Pensions Commission

Industry calls for independent Pensions Commission

A new report published today by the International Longevity Centre-UK and sponsored by Prudential, calls upon the next Government to introduce a new independent Pensions Commission to rebuild consensus-based policy making in pensions and tackle the substantial challenge of insufficient incomes in retirement.

23 Feb 2015

Halifax: homeowners stick to SVRs despite lowest ever fixes

Halifax: homeowners stick to SVRs despite lowest ever fixes

2015 is shaping up to be the ideal time to secure a low interest rate on a fixed rate mortgage.

21 Feb 2015

Annual retirement costs rise to over £11,000

Annual retirement costs rise to over £11,000

The average cost of being a pensioner is £11,200 a year, according to research by Key Retirement.

21 Feb 2015

In the Spotlight with Kevin Tunnicliffe, MD, SortRefer

In the Spotlight with Kevin Tunnicliffe, MD, SortRefer

We spoke to Kevin Tunnicliffe, Managing Director at SortRefer, about the conveyancing market post-MMR and the online experience for brokers.

20 Feb 2015

Co-op appoints first Independent Non-Executive Chair

Co-op appoints first Independent Non-Executive Chair

The Board of The Co-operative Group have announced the appointment of Allan Leighton as the Society’s first Independent Non-Executive Chair under the reformed governance structure.

20 Feb 2015

Al Rayan Bank appoints chairman

Al Rayan Bank appoints chairman

Al Rayan Bank PLC, formerly known as Islamic Bank of Britain, today announced the appointment of Robert Sharpe as Chairman.

20 Feb 2015

Enhanced annuity sales continue "downward spiral"

Enhanced annuity sales continue "downward spiral"

UK sales of enhanced annuities to people with a reduced life expectancy continued their downward spiral in the final quarter of 2014, according to research by Towers Watson.

20 Feb 2015

UK is experiencing a "two-speed housing market"

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UK is experiencing a "two-speed housing market"

UK house prices increased by 7.9% in the 12 months to January 2015, down from 8.1% from December 2014, according to the latest Hometrack House Price Cities Index.

20 Feb 2015

Accord makes further fixed-rate reductions

Accord makes further fixed-rate reductions

Accord Mortgages is today reducing rates on its fixed rate mortgages for borrowers with a 35% deposit.

20 Feb 2015

 

YBS launches lowest ever mortgage rate

YBS launches lowest ever mortgage rate

Yorkshire Building Society has today introduced its lowest ever mortgage rate, a 1.18% two-year fixed rate mortgage.

20 Feb 2015

Over half consider delayed retirement

Over half consider delayed retirement

Now in its eighth year, Prudential's ‘Class of 2015’ study illustrates that the phased or delayed retirements that became necessary for many during the financial crisis are now becoming accepted as the norm.

20 Feb 2015

Property sales highest since 2007

Property sales highest since 2007

Property sales in the first ten months of 2014 were 21% higher than in the same period in 2013, according to new research by Lloyds Bank.

20 Feb 2015

Co-op Bank launches 1.24% fix

Co-op Bank launches 1.24% fix

The Co-operative Bank has reduced mortgage rates further on a selection of fixed mortgage products, offering some of its lowest ever rates.

20 Feb 2015

Brokers warn of competitive home insurance market

Brokers warn of competitive home insurance market

Increasing competition in the market is the biggest threat to the home insurance sector, according to new research by LV= Broker.

19 Feb 2015

Openwork launches new conveyancing proposition

Openwork launches new conveyancing proposition

Openwork announces the launch of a new conveyancing proposition, developed through a working partnership with United Legal Services.

19 Feb 2015

The Lending Wizard announces new second charge loans team

The Lending Wizard announces new second charge loans team

Freedom Finance’s loan sourcing portal, The Lending Wizard, has refreshed its team as the secured loan sector moves towards the landmark £1billion UK market volume barrier.

19 Feb 2015

Pension reforms "no excuse for fee rises"

Pension reforms "no excuse for fee rises"

The pension provider Liberty SIPP has today published full details of the fees it will charge its customers after the April pension reforms.

19 Feb 2015

N&P launches new mortgage range

N&P launches new mortgage range

Norwich & Peterborough Building Society is today launching two new mortgages with no product fee.

19 Feb 2015

UK needs 800 new equity release advisers by 2020

UK needs 800 new equity release advisers by 2020

The UK needs to recruit an extra 800 qualified equity release specialists by 2020 to meet growing demand, according to new research by equity release adviser firm Bower Retirement Services.

19 Feb 2015

Shawbrook Bank to host specialist lending sessions for intermediaries

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Shawbrook Bank to host specialist lending sessions for intermediaries

Shawbrook Bank has signed up with Financial Services Expo to launch a new feature - the Shawbrook Bank Academy.

19 Feb 2015

Hinckley & Rugby advances up 8%

Hinckley & Rugby advances up 8%

Hinckley & Rugby Building Society increased its mortgage advances 8% to £111.9 million in the 12 months to the end of November 2014, up from 2013’s £103.7 million.

19 Feb 2015

CML: gross mortgage lending declines in January

CML: gross mortgage lending declines in January

The Council of Mortgage Lenders estimates that gross mortgage lending reached £14.3 billion in January - a 14% decrease from December’s gross lending total (£16.6 billion) and 11% lower than the £16.1 billion lent in January last year.

19 Feb 2015

FCA to launch investment banking investigation

FCA to launch investment banking investigation

The Financial Conduct Authority today announced plans to launch its first wholesale market study into investment and corporate banking to assess whether competition in the sector is working properly.

19 Feb 2015

The Melton joins 'mortgage prisoner' drive

The Melton joins 'mortgage prisoner' drive

The Melton Building Society is the latest lender to announce a programme of mortgage lending for borrowers who have been let down by other lenders as a result of stricter rules imposed in 2014 by the Mortgage Market Review.

19 Feb 2015

Brightstar launches 'Made Easy' initiative following rebrand

Brightstar launches 'Made Easy' initiative following rebrand

Brightstar, the hub for specialist lending, has embarked on a marketing initiative to engage with the intermediary market in 2015.

19 Feb 2015

Why I Love #FRAwards - More 2 Life

Why I Love #FRAwards - More 2 Life

In last year's Financial Reporter Industry Awards, More 2 Life won best equity release lender.

18 Feb 2015

Hargreaves Lansdown unveils new drawdown plan

Hargreaves Lansdown unveils new drawdown plan

Hargreaves Lansdown is the UK’s first company to unveil the terms of its New Drawdown plan for 6th April 2015.

18 Feb 2015

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