Latest News

Nationwide appoints new senior manager

Nationwide appoints new senior manager

Nationwide has announced that Jeremy Cook has been promoted from Corporate Account Manager at the Society to the position of Senior Manager, New Build.

09 Feb 2015

L&G enter lifetime mortgage market with £5m Newlife acquisition

L&G enter lifetime mortgage market with £5m Newlife acquisition

Legal & General Group has announced its intention to acquire 100% of New Life Home Finance Limited for a consideration of £5m.

09 Feb 2015

Tesco Bank cuts mortgage rates

Tesco Bank cuts mortgage rates

Tesco Bank has today announced mortgage rate cuts of up to 0.5 percentage points on a number of products, including 2, 3 year and 5 year fixed rate and 2 year tracker mortgages.

09 Feb 2015

Voting opens for biggest ever Financial Reporter Industry Awards

Voting opens for biggest ever Financial Reporter Industry Awards

The sixth annual Financial Reporter Industry Awards launches today, with voting open for you to nominate the industry’s most well-respected, best-loved firms.

09 Feb 2015

The Source re-launch with Personal Touch GI panel

The Source re-launch with Personal Touch GI panel

Source Insurance has re-launched its relationship with Personal Touch Financial Services, restating their position on the GI panel for household and landlord property insurance products.

09 Feb 2015

Savers face a decade of poor returns

Savers face a decade of poor returns

Savers insisting on keeping their money in cash ISAs are being advised that they may not see interest rates return to pre-financial crisis levels until at least 2025, according to online financial advice company, Wealth Horizon.

09 Feb 2015

Uinsure joins The Right Mortgage Network

Uinsure joins The Right Mortgage Network

General insurance provider Uinsure has joined The Right Mortgage and Protection Network’s GI panel as a preferred partner.

09 Feb 2015

Stonebridge: mortgage volumes up 73%

iStock_000016703135Medium.jpg

Stonebridge: mortgage volumes up 73%

Stonebridge Group, the mortgage and insurance network, has announced strong growth across the entire business for 2014.

09 Feb 2015

HSBC admits tax avoidance failings

shutterstock_121730335.jpg

HSBC admits tax avoidance failings

Leaked details from bank accounts totalling £78bn in assets shows that HSBC routinely helped wealthy UK customers to avoid paying taxes.

09 Feb 2015

Secured lending sees best quarter since 2009

Secured lending sees best quarter since 2009

Despite the expected festive dip, secured lending saw the best December since 2007, while Q4 2014 was confirmed as the best three-month period since Q1 2009.

09 Feb 2015

 

1st Stop appoints new BDM

1st Stop appoints new BDM

1st Stop Group have announced the appointment of a new Business Development Manager, Laura Walters.

06 Feb 2015

Contractor mortgages - shape up or miss out

Contractor mortgages - shape up or miss out

If freelancers and contractors are not already indispensable to the global economy they are certainly fast becoming so as there are an estimated 1.7 million freelancers working in the UK today.

06 Feb 2015

Standard Life acquires Skipton's financial advice business

Standard Life acquires Skipton's financial advice business

Skipton Building Society has sold its financial advice business to Standard Life plc for an undisclosed cash sum, subject to regulatory approval.

06 Feb 2015

New FCA Panel chairs announced

New FCA Panel chairs announced

Three new Chairs for the Financial Conduct Authority’s independent Practitioner Panels have been appointed, announced the FCA’s Chairman John Griffith-Jones today.

06 Feb 2015

35% of pay day borrowers need to cover mortgage costs

35% of pay day borrowers need to cover mortgage costs

New research conducted on behalf of the Debt Advisory Centre has found that 44% of people who took out a pay day loan in the last 12 months used it to pay for everyday essentials such as food, while a further 35% needed to cover their rent or mortgage.

06 Feb 2015

Accord revamps fixed-rate range

Accord revamps fixed-rate range

Accord Mortgages is today launching a new range of mortgages for borrowers looking for a two-year fixed rate deal.

06 Feb 2015

Second charge lending up 29%

shutterstock_167623811.jpg

Second charge lending up 29%

Figures released today by the Finance & Leasing Association show that second charge mortgage new business was up 26% by value in December and 29% higher in 2014 overall, compared with 2013.

06 Feb 2015

NatWest appoints new Head of Sales

NatWest appoints new Head of Sales

Mark Bullard, Head of Sales at NatWest Intermediary Solutions, has accepted a secondment to the end of the year in a new position heading up NatWest’s telephone mortgage advice operation in the UK.

06 Feb 2015

55% of retirees not financially prepared

55% of retirees not financially prepared

Financial pressures and a lack of sufficient savings is preventing people from retiring, with 55% of working over-50s admitting they are not financially well-prepared for retirement.

06 Feb 2015

First Direct launches 2.89% 10 year fix

First Direct launches 2.89% 10 year fix

First Direct have announced rate cuts on the majority of its fixed rate mortgages, including its 10 year fixed rate up to 65% LTV.

06 Feb 2015

Brokers: regulation has made mortgage market ‘too conservative’

Brokers: regulation has made mortgage market ‘too conservative’

Almost three quarters (74%) of brokers and two thirds (65%) of lenders believe that the market has become ‘too conservative’ as a result of post-financial crisis regulation, according to the latest Intermediary Lending Outlook research from IMLA.

06 Feb 2015

TSB expands its intermediary range

TSB expands its intermediary range

TSB Intermediary has expanded its mortgage range available through intermediaries to include both its five year and Fix and Flex 10-year term mortgages.

05 Feb 2015

Wonga escapes police investigation into debt collection practices

Wonga escapes police investigation into debt collection practices

Wonga, the UK’s biggest payday lender, has escaped prosecution over 'unfair and misleading' debt collection practices.

05 Feb 2015

State Bank of India to partner with intermediaries

State Bank of India to partner with intermediaries

The State Bank of India has announced plans to sell its buy-to-let products through UK intermediaries.

05 Feb 2015

Six years of industry excellence – looking back at the Financial Reporter awards

Six years of industry excellence – looking back at the Financial Reporter awards

In 2010, Financial Reporter – then called myintroducer – launched its first Industry Awards.

05 Feb 2015

BoE maintains Bank Rate at 0.5%

BoE maintains Bank Rate at 0.5%

The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%.

05 Feb 2015

Intermediated P2P loans will result in "significant growth"

Intermediated P2P loans will result in "significant growth"

Following the FCA’s Consultation Paper on the inclusion of Peer-to-Peer lending in ISAs, Altus Consulting has said that allowing P2P lending within ISAs will only result in significant growth if the industry embraces increased use of new intermediaries in place of direct loans.

05 Feb 2015

LMS partners with Newcastle BS

LMS partners with Newcastle BS

LMS, the conveyancing panel management specialists, has announced their latest partnership with the Newcastle Building Society, furthering LMS’ connection with the building society sector.

05 Feb 2015

Latest Money Careers

Popular this week

Buy-to-Let Roadshow
April 2017

18th-21st April

4 days
7 specialists
4 locations
Free to attend

Click here to register now