Latest News

Treasury delays pension tax relief announcement

Treasury delays pension tax relief announcement

George Osborne has confirmed that the Treasury will produce the government's final response to its pension tax consultation in next year's budget, and not in the Autumn Statement as had been predicted.

28 Oct 2015

96% choose to fix as mortgage rates rise

96% choose to fix as mortgage rates rise

The popularity of fixed mortgage rates has reached new heights as 96% of homebuyers opted to fix during September for a second successive month: the first time this has happened since the Bank of England base rate was lowered to 0.5% in March 2009.

28 Oct 2015

The survival of the banking industry

The survival of the banking industry

Since the onset of the financial crisis, the level of 'bank bashing' has reached new heights. From Libor manipulation to tax evasion to the misconduct of selling products, perhaps it is not surprising that confidence in the financial services sector has plummeted.

27 Oct 2015

United Trust Bank appoints new Head of Credit

United Trust Bank appoints new Head of Credit

United Trust Bank has appointed Rob Sherr as Chief Credit Officer.

27 Oct 2015

L&G's network rebrands to Housing Partnerships

L&G's network rebrands to Housing Partnerships

Legal & General has announced that from today the Legal & General Network will be known as Legal & General Housing Partnerships.

27 Oct 2015

Santander launches new BTL and large loan ranges

Santander launches new BTL and large loan ranges

Santander has launched a new range of buy to let and residential large loan products aimed at second steppers, homemovers and those keen to invest in property.

27 Oct 2015

GDP growth falls to 0.5% in Q3

GDP growth falls to 0.5% in Q3

GDP is estimated to have increased by 0.5% in Quarter 3 2015 compared with growth of 0.7% in Q2, according to preliminary ONS estimates.

27 Oct 2015

Competitive rates boost FTB market share: NAEA

Latest News

Competitive rates boost FTB market share: NAEA

First-time buyers accounted for 29% of all sales in September, compared to 20% in August - the highest since May this year, according to the National Association of Estate Agents.

27 Oct 2015

Mortgage Trust revamps BTL range

Mortgage Trust revamps BTL range

Mortgage Trust has revamped its buy-to-let product range, launching 24 new fixed rate products with a variety of terms and LTV limits available.

27 Oct 2015

One in seven will use ISA withdrawal feature

One in seven will use ISA withdrawal feature

One in seven ISA investors say they will definitely take advantage of new rules which will enable them to withdraw money and reinvest without affecting their tax-free allowance, according to research from Yorkshire Building Society.

27 Oct 2015

 

Guidance - what should and shouldn't be covered?

Guidance - what should and shouldn't be covered?

When I look at the glut of industry comments focused on the current, and any future, Pension Wise guidance interview, I can't help but think of The Rolling Stones' song, 'You can't always get what you want'.

27 Oct 2015

Equity release sees biggest quarterly rise for 11 years

Equity release sees biggest quarterly rise for 11 years

Equity release lending in Q3 2015 increased by £68.3m compared with the previous quarter: the biggest quarterly rise since Q2-Q3 2004 (£78.4m).

27 Oct 2015

L&G Mortgage Club launches Lifetime Mortgage referral panel

L&G Mortgage Club launches Lifetime Mortgage referral panel

Legal & General Mortgage Club has today announced the launch of its Lifetime Mortgage referral panel, which aims to help brokers provide a greater range of products to older homeowners.

26 Oct 2015

Investec reduces professional mortgage rates

Investec reduces professional mortgage rates

Investec Private Banking has reduced its three and five-year fixed rates by up to 0.3% on its range of residential Investec Professional Mortgages.

26 Oct 2015

Yorkshire BS launches 3.78% FTB rate

Yorkshire BS launches 3.78% FTB rate

Yorkshire Building Society has launched a 3.78% two-year fixed rate mortgage for customers with a 5% deposit.

26 Oct 2015

Payday lender to provide £15.4m redress after FCA review

Payday lender to provide £15.4m redress after FCA review

Dollar Financial UK has agreed with the Financial Conduct Authority to refund over £15.4 million to 147,000 customers, who may have suffered detriment as a result of the firm's affordability checks, debt collection practices and systems errors.

26 Oct 2015

Cebr: house prices to rise £60k by 2020

Cebr: house prices to rise £60k by 2020

The Centre for Economics and Business Research has revised its annual house price growth forecast, and now expects average house prices to rise by 5.6% - up from its June forecast of 4.7% growth.

26 Oct 2015

FCA bans former hedge fund manager after fraud conviction

FCA bans former hedge fund manager after fraud conviction

The Financial Conduct Authority has today banned Magnus Michael Peterson, the former head of the hedge fund Weavering Macro Fixed Income Fund Limited, from performing any function related to any regulated activity.

26 Oct 2015

London & Country adopts UnderwriteMe

London & Country adopts UnderwriteMe

London & Country Mortgages has announced that it will be integrating the UnderwriteMe comparison service into its sales teams.

26 Oct 2015

BBA: remortgagors fuel strong September lending

BBA: remortgagors fuel strong September lending

The number of mortgage approvals in September rose 24% year-on-year, with remortgaging up 40% and house purchase up 14%, according to the latest BBA figures.

26 Oct 2015

Fleet Mortgages partners with Connells Group

Fleet Mortgages partners with Connells Group

Fleet Mortgages has today announced a new partnership with mortgage services provider, Connells Group.

26 Oct 2015

Stonebridge Group appoints two conveyancing operators

Stonebridge Group appoints two conveyancing operators

Stonebridge Group has today appointed two conveyancing operators, BM Solutions Conveyancing and eConveyancer, part of the ULS Group, as preferred providers to the network.

26 Oct 2015

FHL urges brokers to counteract BTL criticism

FHL urges brokers to counteract BTL criticism

Foundation Home Loans' Business Development Director, Paul Brett, has urged brokers not to be put off by the negative sentiment being expressed about Buy to Let.

26 Oct 2015

Brightstar achieves FCA authorisation

Brightstar achieves FCA authorisation

Brightstar Financial has achieved authorisation by the FCA.

26 Oct 2015

Scotland defies UK decline in million pound home sales

Scotland defies UK decline in million pound home sales

The number of property sales worth at least a million pounds has fallen in the first half of 2015, according to the latest research from Lloyds Bank.

24 Oct 2015

Wealth available through equity release tops £350bn

Wealth available through equity release tops £350bn

The continued strength of the UK housing market in Q2 2015 has pushed the potential wealth available to over 55s through equity release over £350bn - a 4.5% quarterly increase according to research from Retirement Advantage.

23 Oct 2015

In the Spotlight with Tim Kirby, Quint Group

In the Spotlight with Tim Kirby, Quint Group

We spoke to Tim Kirby, Group Sales Director at Quint, about the firm's recent FCA approval and how the market will change over the next 12 months.

23 Oct 2015

FCA fines Sale and Rent Back company for regulatory failures

FCA fines Sale and Rent Back company for regulatory failures

The FCA has imposed a financial penalty of £26,600 on Sale and Rent Back firm Quick Purchase for not ensuring that its transactions were affordable and appropriate for its consumers.

23 Oct 2015

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