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FCA publishes final banking accountability rules

FCA publishes final banking accountability rules

The FCA and PRA have published the final rules confirming the approach to improving individual accountability in the banking sector.

07 Jul 2015

FCA announces new Director of Supervision

FCA announces new Director of Supervision

The Financial Conduct Authority have announced the appointment of Jonathan Davidson as their new Director of Supervision - Retail and Authorisations.

07 Jul 2015

HomeLoan Partnership rolls out new CRM system

HomeLoan Partnership rolls out new CRM system

HomeLoan Partnership has started the roll out of its new cloud based Client Relationship Management system.

07 Jul 2015

Meridian Mortgages joins MAB's New Homes Network

Meridian Mortgages joins MAB's New Homes Network

Meridian Mortgages has joined Mortgage Advice Bureau's New Homes Network as an appointed representative.

07 Jul 2015

73% choose not to withdraw lump sum following freedoms

73% choose not to withdraw lump sum following freedoms

73% of those aged 55+ (and financially eligible) have chosen not to withdraw any funds since the freedoms became available, according to Avacade Future Solutions.

07 Jul 2015

Product Watch: a round up of this week's criteria changes

Blogs

Product Watch: a round up of this week's criteria changes

Christine Newell, Mortgages Technical Director at mortgage distributor, Paradigm Mortgage Services, continues her new weekly column, this week providing advisers with the benefit of her knowledge on the latest lender product range developments and important criteria shifts in the buy-to-let sector.

07 Jul 2015

Customers release 50% more equity through referrals

Customers release 50% more equity through referrals

Customers referred to specialist equity release advisers are achieving average initial advances up to 50% higher than the market as a whole, according to Key Partnerships.

07 Jul 2015

SortRefer expands BDM team

Latest News

SortRefer expands BDM team

SortRefer, the online broker referral portal, has announced the appointment of Tina Panayi as its newest Business Development Manager to develop broker business for its conveyancing panel.

07 Jul 2015

Virgin cuts resi rates and removes application fees

Virgin cuts resi rates and removes application fees

Virgin Money has reduced its residential mortgage rates and removed the £99 application fee for all residential lending products for a limited period.

07 Jul 2015

Cirencester Friendly joins Succession Group's IP panel

Cirencester Friendly joins Succession Group's IP panel

Cirencester Friendly has been appointed income protection partner by national wealth management advisory firm Succession Group.

06 Jul 2015

 

Ombudsman backs Royal London's pension transfer block

Ombudsman backs Royal London's pension transfer block

The Pensions Ombudsman has backed Royal London's refusal to act on a client's wish to transfer her benefits from her personal pension plan into a SSAS.

06 Jul 2015

Budget 2015
IHT changes to spark rush in home valuations

Budget 2015
IHT changes to spark rush in home valuations

Industry experts are predicting a rush in £1m home valuations if Conservative Party plans to change inheritance tax are announced in this week's Budget.

06 Jul 2015

Leeds BS revamps holiday let mortgage range

Leeds BS revamps holiday let mortgage range

Leeds Building Society has reduced rates by up to 0.30% on its range of holiday let mortgages.

06 Jul 2015

Half a million pledged to residential Crowdfunding platform

Half a million pledged to residential Crowdfunding platform

CrowdLords has announced that it has now attracted an investor base of over 1,500 registered investors onto its residential property crowdfunding platform.

06 Jul 2015

NACFB revises Code of Practice following regulatory changes

NACFB revises Code of Practice following regulatory changes

The NACFB is inviting all its members to a conference to support the next set of changes it is making in response to the regulated environment.

06 Jul 2015

Government and Lloyds announce £100m housing partnership

Government and Lloyds announce £100m housing partnership

Small builders are set to receive a £100 million cash boost, Housing Minister Brandon Lewis announced today.

06 Jul 2015

Conservatives pledge FTB council tax cut

Conservatives pledge FTB council tax cut

The Welsh Conservatives have promised that first-time buyers won't pay council tax on their new home for the first six months.

06 Jul 2015

Bellpenny acquires IFA with £196m FUM

Bellpenny acquires IFA with £196m FUM

National wealth manager Bellpenny announced today that it has completed the acquisition of London-based IFA Cranfield Financial Services Limited.

06 Jul 2015

Shawbrook appoints new Chairman

Shawbrook appoints new Chairman

Shawbrook has announced that Iain Cornish will be appointed as Chairman of the company from today, as Sir George Mathewson steps down as Chairman and Director.

06 Jul 2015

In the Spotlight with Steve Wilkie, Responsible Equity Release

In the Spotlight with Steve Wilkie, Responsible Equity Release

We spoke to Steve Wilkie, managing director at Responsible Equity Release, about the impact of MMR on the market and the myths of equity release.

03 Jul 2015

Tyrie: depositor protection drop is "absurd"

Tyrie: depositor protection drop is "absurd"

Commenting on the policy statement published today by the PRA announcing that the deposit protection limit will be reduced from £85,000 to £75,000, Andrew Tyrie MP, Chairman of the Treasury Committee, called the decision "absurd".

03 Jul 2015

The American Dream - following the US example on FTBs

The American Dream - following the US example on FTBs

The relationship between the UK and the USA is often described as being one of 'two nations divided by a common language' but despite the fact that the mother tongue can often be mangled, there are perhaps many more similarities than differences between the two countries.

03 Jul 2015

TSB Intermediary launches 95% LTV range

TSB Intermediary launches 95% LTV range

TSB Intermediary has launched a 95% LTV range with rates from 4.49%.

03 Jul 2015

By any other name - when does lending become 'mainstream'?

By any other name - when does lending become 'mainstream'?

I've recently been thinking about the word 'mainstream'. I mean what does this actually signify?

03 Jul 2015

FSCS deposit protection drops to £75,000

FSCS deposit protection drops to £75,000

The Prudential Regulation Authority has announced that for the majority of depositors currently covered by the FSCS, the existing level of deposit protection (£85,000) will be maintained for six months before changing to £75,000 after 31 December 2015.

03 Jul 2015

Barclays staff avoid disciplinary action after record FCA fine

Barclays staff avoid disciplinary action after record FCA fine

An FOI request to the FCA in regard to the highest ever regulatory banking fine levied against Barclays found that no Barclays employees were subject to disciplinary action by the FCA in connection with the offence.

03 Jul 2015

Countrywide Director to join Bellpenny as CEO

Countrywide Director to join Bellpenny as CEO

National wealth manager Bellpenny, owned by Oaktree Capital Management, has announced plans for a change in its board and senior management structure later this year.

03 Jul 2015

London to hit targets after boom in home approvals

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London to hit targets after boom in home approvals

A wave of new homes have cleared the planning system in the opening quarter of 2015, bringing London's official housing targets within feasible reach, according to the latest London New Homes Monitor from Stirling Ackroyd.

03 Jul 2015

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