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Halifax: house prices see second quarterly increase

Halifax: house prices see second quarterly increase

House prices in the three months December - February were 2.6% higher than in the previous three months, marking the second successive quarterly increase.

05 Mar 2015

First FSE Glasgow sees resounding success

First FSE Glasgow sees resounding success

The inaugural FSE Glasgow has been hailed a success, with 350 advisers doing business with over 40 exhibitors from across the financial services industry.

05 Mar 2015

Industry calls for permanent HTB2 replacement

Industry calls for permanent HTB2 replacement

Failing to replace the Help to Buy mortgage guarantee with a permanent mortgage indemnity scheme will push the first time buyer market back into decline, according to new research by the Intermediary Mortgage Lenders Association.

05 Mar 2015

FSE Glasgow: MMR isn’t preventing lending to certain borrowers says FCA’s Lynda Blackwell

FSE Glasgow: MMR isn’t preventing lending to certain borrowers says FCA’s Lynda Blackwell

Speaking today at FSE Glasgow, the Financial Conduct Authority’s Lynda Blackwell responded to claims that the Mortgage Market Review has significantly affected certain lending areas.

04 Mar 2015

FSE Glasgow: experts say proc fees need debating – and brokers shouldn’t undervalue themselves

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FSE Glasgow: experts say proc fees need debating – and brokers shouldn’t undervalue themselves

A panel debate held at FSE Glasgow today saw a group of industry experts debate the future of procuration fees.

04 Mar 2015

Stephen Johnson: The UK Housing landscape – past and present

Stephen Johnson: The UK Housing landscape – past and present

There has been some discussion of late across national media around home ownership falling to its lowest level in the UK for the past 30 years, with the number of private renters soaring.

04 Mar 2015

FSE Glasgow: social advisers are key for protection market growth says Roger Edwards

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FSE Glasgow: social advisers are key for protection market growth says Roger Edwards

Speaking at today's Financial Services Expo Glasgow, protection expert Roger Edwards stressed the importance of technology in the market, arguing that existing protection product providers are unable to help market growth.

04 Mar 2015

Barclays launches new 1.55% fix

Barclays launches new 1.55% fix

Barclays have announced two mortgage product changes that come into effect on Thursday 5 March.

04 Mar 2015

Retirement income gender gap at its lowest since 2009

Retirement income gender gap at its lowest since 2009

Female retirees are preparing themselves to live on an income 25% lower than their male counterparts, however the gap is now at its narrowest since 2009 when Prudential first started tracking the difference between male and female retirement income expectations.

04 Mar 2015

Consumers call for separate P2P ISA

Consumers call for separate P2P ISA

Research published by the Peer-to-Peer Finance Association has shown wide support for a new Lending ISA.

04 Mar 2015

 

HTB helps avert a 5% drop in housebuilding

HTB helps avert a 5% drop in housebuilding

The Help to Buy equity loan scheme helped to avert a 5% drop in new housing completions in England last year, according to new analysis by Mortgage Advice Bureau.

04 Mar 2015

Saffron strengthens FTB and Contractor ranges

Saffron strengthens FTB and Contractor ranges

Saffron For Intermediaries has strengthened its residential mortgage range by launching a new 2-year discount for first-time buyers and cutting rates on its owner-occupier 3-year discounts which now include a new lower rate at 60% LTV.

04 Mar 2015

Income drawdown rockets by 42%

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Income drawdown rockets by 42%

New data from Selectapension reveals a 42% surge in the number of drawdown cases being analysed by advisers since the March 2014 Budget, highlighting that income drawdown is an increasingly popular choice amongst clients approaching retirement.

04 Mar 2015

Pension reform legislation receives Royal Assent

Pension reform legislation receives Royal Assent

The Pension Schemes Bill that enables the introduction of the government’s pension reforms has received Royal Assent.

04 Mar 2015

Only a quarter will seek retirement advice

Only a quarter will seek retirement advice

Just one in four over 50s plan to seek financial advice about how they fund retirement according to research by LV=.

04 Mar 2015

Specialist lending will be a "key battleground" in mortgage market

Specialist lending will be a "key battleground" in mortgage market

Specialist lending will be one of the key battlegrounds in the mortgage market over the next two years with new lenders launching and high street providers targeting the sector, according to research from Kensington.

04 Mar 2015

Nationwide launches lowest 10 year fix on market

Nationwide launches lowest 10 year fix on market

Nationwide is today launching the lowest 10-year fixed rate mortgage on the market, at 2.89% for new customers and 2.79% for existing customers.

04 Mar 2015

RBS to cut 14,000 investment banking jobs

RBS to cut 14,000 investment banking jobs

RBS plans to cut up to 14,000 investment banking jobs by 2019, equating to 80% of roles in the unit, as part of a restructure following a profit loss of £3.5bn in 2014.

04 Mar 2015

Evolution Money to launch new products at FSE Glasgow

Evolution Money to launch new products at FSE Glasgow

The inaugural Financial Services Expo Glasgow, which takes place today in the heart of the city’s financial district, is the first time the FSE has been located north of the border and marks the increasing popularity and recognition within the Financial Services industry of the high-profile annual events.

04 Mar 2015

74% unaware of new ISA limit

74% unaware of new ISA limit

Research from Santander reveals that the majority of Britons are still unaware of the new higher annual ISA allowance.

04 Mar 2015

FCA given power to impose criminal sanctions on "reckless" bankers

FCA given power to impose criminal sanctions on "reckless" bankers

City Ministers have today announced that new tougher rules for Britain’s bankers will come into force on 7 March 2016.

03 Mar 2015

Industry reports increase in IP inquiries

Industry reports increase in IP inquiries

Protection portals iPipeline and IRESS' The Exchange reported a rise enquiries towards the end of 2014 following the launch of the Seven Families campaign.

03 Mar 2015

Brits pay too much tax on savings worth £85bn

Brits pay too much tax on savings worth £85bn

Too much tax is being paid on up to £85 billion of savings and investments, according to analysis of national statistics by financial services provider, NFU Mutual.

03 Mar 2015

Leeds BS relaunches Everyday ISA

Leeds BS relaunches Everyday ISA

Leeds Building Society is relaunching its Everyday ISA, offering savers a return of 1.25% tax-free pa/AER.

03 Mar 2015

Aegon pays 98% of life claims

Aegon pays 98% of life claims

Aegon UK has today published claims data which shows a total of £113m was paid in claims for life (including terminal illness), critical illness and income protection, helping more than 1,200 customers, families and businesses in 2014.

03 Mar 2015

LMS announces partnership with Metro Bank

LMS announces partnership with Metro Bank

LMS has today announced their latest partnership with Metro Bank, allowing Metro to offer all brokers and customers access to a fully vetted, open and secure panel of law firms.

03 Mar 2015

Halifax refreshes FTB and New Build rates

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Halifax refreshes FTB and New Build rates

Halifax has reduced product rates across first-time buyer and homemover rates by up to 0.2%, and increased maximum loan amounts across Affordable Housing and New Build ranges by up to 100%.

03 Mar 2015

MAB: Starter Home scheme will fail without 95% LTVs

MAB: Starter Home scheme will fail without 95% LTVs

Mortgage Advice Bureau's New Homes Director Andy Frankish has warned that there are still unanswered questions regarding the government's Starter Home scheme.

03 Mar 2015

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