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Leeds BS first lender to accept HTB re-mortgages

Leeds BS first lender to accept HTB re-mortgages

Leeds Building Society has become the first lender to accept re-mortgage applications from Help to Buy Equity borrowers.

12 Mar 2015

Trust in the pensions industry "plummeting"

Trust in the pensions industry "plummeting"

Despite UK savers’ plans to cash their pensions following the pension freedoms, research by TD Direct Investing found that many of them feel they are not equipped to decide what to do with them in a highly diverse investment environment.

12 Mar 2015

TSB backs takeover by Spanish bank

TSB backs takeover by Spanish bank

TSB has agreed to a takeover by Spanish bank Sabadell after an offer valuing the bank at £1.7 billion.

12 Mar 2015

Bower Retirement Services acquires equity release adviser firm

Bower Retirement Services acquires equity release adviser firm

Bower Retirement Services has acquired and amalgamated Sixty Plus – an independent financial adviser firm specialising exclusively in equity release – into its operation with immediate effect.

12 Mar 2015

RICS: February house prices accelerate

RICS: February house prices accelerate

The February RICS Residential Market Survey shows a slight pick up in price momentum, but the combination of subdued demand and a lack of property coming to market has kept sales activity muted.

12 Mar 2015

Advisers call for simplified pension products

Advisers call for simplified pension products

Specialist retirement income advisers believe providers need to focus on simplifying products before launching new ones ahead of the pension freedoms next month.

12 Mar 2015

Shawbrook announces intention to float

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Shawbrook announces intention to float

Shawbrook has today announced its intention to float on the London Stock Exchange in April.

12 Mar 2015

High LTV lending rebounds in February

High LTV lending rebounds in February

Borrowers with smaller deposits accounted for the largest portion of house purchase lending in five months in February, according to the latest Mortgage Monitor from e.surv.

12 Mar 2015

MPC's Martin Weale: policy decisions "remain finely balanced"

MPC's Martin Weale: policy decisions "remain finely balanced"

In a speech today at the City and Islington Sixth Form College, MPC member Dr Martin Weale, explains why he is confident that the MPC can return inflation to target and why, for him, despite the "international concern about very low inflation", the decision of whether or not to tighten policy remains finely balanced.

11 Mar 2015

Skipton launches new mortgage range

Skipton launches new mortgage range

Skipton Building Society is tomorrow launching a new range including a variety of two, three and five year fixes, with a choice of fee and rate blends to maximise choice and flexibility.

11 Mar 2015

 

NIESR announces GDP growth of 0.6%

NIESR announces GDP growth of 0.6%

NIESR's monthly estimates of GDP suggest that output grew by 0.6% in the three months ending in February 2015 after growth of 0.6% in the three months ending in January 2015.

11 Mar 2015

Why I Love #FRAwards - Mark Lofthouse, Mortgage Brain

Why I Love #FRAwards - Mark Lofthouse, Mortgage Brain

In last year's Financial Reporter Industry Awards, Mortgage Brain won Best Sourcing System.

11 Mar 2015

Using technology to reclaim time and maximise income

Using technology to reclaim time and maximise income

Advisers working in small firms will know only too well the difficulties and the challenges involved in juggling the time we have and, at busy times, it can be a real uphill struggle unless of course you’re willing to work 18-hour days including the weekends.

11 Mar 2015

Coventry cuts rates on fee free range

Coventry cuts rates on fee free range

Coventry Intermediaries has launched a range of fee free options for residential borrowers looking for 2 or 5 year fixed rates.

11 Mar 2015

N&P reduces FTB rates by 0.35%

N&P reduces FTB rates by 0.35%

Norwich and Peterborough Building Society is lowering rates by up to 0.35%, with the Society’s lowest two-year fixed rate mortgage at 95% LTV now available at 4.14%.

11 Mar 2015

Industry expects BTL growth to moderate in 2015

Industry expects BTL growth to moderate in 2015

A group of experts at last week's Paragon Great Buy-to-Let Debate agreed that the recent strong growth in the BTL market would moderate this year.

11 Mar 2015

Genworth partners with West Brom

Genworth partners with West Brom

Genworth, the provider of mortgage insurance products to lenders in the UK, has today announced a new relationship with the West Brom to be its provider of mortgage insurance for a minimum period of two years.

11 Mar 2015

Permanent TSB sells half of CHL’s book after €48m loss

Permanent TSB sells half of CHL’s book after €48m loss

Permanent TSB's annual results showed a pre-tax loss of €48 million for 2014 – down from €668 million the previous year.

11 Mar 2015

Former FCA chief joins payday lender

Former FCA chief joins payday lender

Former FCA director of communications Zitah McMillan has joined DFC Global Corp, whose operations include The Money Shop, as international chief executive.

11 Mar 2015

Stamp duty revenues hit record £8bn

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Stamp duty revenues hit record £8bn

A higher number of residential property transactions and increased prices are estimated to have pushed residential stamp duty revenues from £6.45 billion in 2013/14 to a record £8.0 billion.

11 Mar 2015

Market share for advisers continues to surge

Market share for advisers continues to surge

Following news that the market share for mortgage advisers is continuing to grow, specialist lender Kensington has announced a longevity challenge - challenging other lenders on whether they can match its average length of service across field sales and business development.

11 Mar 2015

Industry calls for pensions watchdog

Industry calls for pensions watchdog

Retirement specialist Portal Financial has argued that a pensions watchdog could help to end pension liberation scams.

11 Mar 2015

Pink to ask new advisers for proof of IP

Pink to ask new advisers for proof of IP

Pink will now ask anyone wishing to join the network to provide either proof of their own income protection policy or their reasons for not having any.

11 Mar 2015

True Potential launches life plan technology

True Potential launches life plan technology

Financial and Technology services firm True Potential has launched True Potential One, which aims to revolutionise the way people interact with their finances up to, and beyond, retirement.

11 Mar 2015

Leek United BS announces record performance

Leek United BS announces record performance

Leek United Building Society saw group assets reach an all-time record of £905m in 2014.

11 Mar 2015

The Right Mortgage and Protection partners with Best Insurance

The Right Mortgage and Protection partners with Best Insurance

The Right Mortgage and Protection has today announced a partnership with Best Insurance.

10 Mar 2015

MLAR statistics show sluggish Q4 for FTBs

MLAR statistics show sluggish Q4 for FTBs

The latest Mortgage Lenders and Administrators Statistics for Q4 2014 show that mortgage lending totalled £51.3 billion in Q4 2014 - 0.2% lower than Q4 2013 and 8.1% lower than Q3 2014.

10 Mar 2015

Sesame launches BTL range with State Bank of India

Sesame launches BTL range with State Bank of India

Appointed representatives of the Sesame network now have access to State Bank of India's range of buy-to-let products.

10 Mar 2015

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