Latest News

Nucleus makes 'susbstantial price cuts' for larger portfolios

Nucleus makes 'susbstantial price cuts' for larger portfolios

Nucleus, the adviser built wrap platform, has planned a "substantial reduction in charges" for clients with larger portfolios which will come into effect this weekend.

29 Jun 2017

Skipton launches intermediary exclusives and trackers from 1.17%

Skipton launches intermediary exclusives and trackers from 1.17%

Skipton Building Society is launching a new residential tracker range with rates starting from 1.17%.

29 Jun 2017

NatWest trials AI compliance technology with advisers

NatWest trials AI compliance technology with advisers

NatWest has partnered with Recordsure to explore how its recording and analysis solution could be used to improve and monitor the quality of information and advice provided during regulated customer conversations.

29 Jun 2017

Leeds BS launches second home mortgage range

Leeds BS launches second home mortgage range

Leeds Building Society has launched a new range of mortgages for second homes which it says is in response to borrower and broker demand.

29 Jun 2017

Openwork to offer BTL tax service for advisers

Openwork to offer BTL tax service for advisers

Openwork has appointed Landlord Support Services to its provider panel to deliver bespoke buy-to-let tax structure advice for adviser-referred landlord clients.

29 Jun 2017

Mortgage lending rebounds to 14-month high: BoE

Mortgage lending rebounds to 14-month high: BoE

Net mortgage lending rebounded to £3.5bn in May, up from the 12-month low of £2.7bn seen in April, according to the latest Bank of England Money and Credit figures.

29 Jun 2017

Equity release market soars 72% in 2017

Equity release market soars 72% in 2017

The number of people releasing equity from their homes is up 72% so far this year, compared to the same period last year, as homeowners need to "cover pension shortfalls, prop up savings accounts hit by low interest rates and pay off mortgages", according to Responsible Equity Release research.

29 Jun 2017

L&G and My Home Move launch HTB remortgage solution

L&G and My Home Move launch HTB remortgage solution

Legal & General Mortgage Club has partnered with My Home Move to assist brokers with Help to Buy remortgage clients.

29 Jun 2017

FSE Wales: Proc fees must reflect the work involved

FSE Wales: Proc fees must reflect the work involved

Paradigm's John Coffield says lenders must acknowledge the greater level of work involved in placing mortgage cases today and should be paying a procuration fee suitable to the increased workload.

29 Jun 2017

Carney: Rate rise likely to become necessary

Carney: Rate rise likely to become necessary

Governor of the Bank of England, Mark Carney, has said that an increase in interest rates is "likely to become necessary", despite voting to hold Bank Rate at the latest MPC meeting, stating that now is “not yet the time”.

28 Jun 2017

 

Nine specialist lenders partner with Mortgage Brain

Nine specialist lenders partner with Mortgage Brain

Nine specialist lenders have partnered with Mortgage Brain for the distribution of their second charge products on its sourcing system, MortgageBrain Classic.

28 Jun 2017

FSE Wales: FCA urged to look at limited panels and free legals

FSE Wales: FCA urged to look at limited panels and free legals

The FCA’s ongoing Mortgage Competition Review is likely to cover lenders’ relationships with networks and free legal offers for remortgage clients, according to a panel of experts speaking at today's FSE Wales.

28 Jun 2017

Co-Op Bank finalises £700m rescue plan

Co-Op Bank finalises £700m rescue plan

Co-Operative Bank has agreed to a £700m capital raising plan which means it can continue as a "viable stand-alone entity".

28 Jun 2017

Myles Rix to leave LV= as life and retirement arms merge

Myles Rix to leave LV= as life and retirement arms merge

LV= has restructured its Life business to bring its Protection, Retirement Solutions and Heritage businesses under one management.

28 Jun 2017

The Mortgage Lender launches Premier Panel

The Mortgage Lender launches Premier Panel

The Mortgage Lender has created a Premier Panel of specialist distributors who benefit from exclusive service arrangements and enhanced product terms.

28 Jun 2017

Front Events launches National Mortgage Adviser Awards

Front Events launches National Mortgage Adviser Awards

The National Mortgage Adviser Awards launches today, created by Front Events, organiser of the Financial Services Expo shows, in association with Mortgage Advice Bureau.

28 Jun 2017

Pepper cuts residential rates by up to 0.95%

Pepper cuts residential rates by up to 0.95%

Pepper Homeloans has cut shorter term fixed rates by up to 0.95% on its core residential mortgage range.

28 Jun 2017

FCA launches 'package of remedies' for asset management sector

FCA launches 'package of remedies' for asset management sector

The FCA has today published the findings of its asset management market study and announced a 'package of remedies' to lower the cost and complexity of investing and improve price competition.

28 Jun 2017

House price growth rebounds in June: Nationwide

House price growth rebounds in June: Nationwide

House prices rose by 1.1% between May and June, reversing the previous three months’ falls, according to the latest Nationwide house price index.

28 Jun 2017

Scottish Widows calls for 12% auto-enrolment contributions

Scottish Widows calls for 12% auto-enrolment contributions

Scottish Widows is calling for changes to auto-enrolment rules after its research found that the number of people saving adequately for retirement has stalled at 56% for the third year in a row.

28 Jun 2017

Retirement income gender gap continues to grow: Prudential

Retirement income gender gap continues to grow: Prudential

The gap between women’s and men’s annual average expected retirement incomes in 2017 has grown by £1,000 in the last year, according to Prudential data.

28 Jun 2017

Kensington launches Help to Buy Equity Loan range from 3.64%

Kensington launches Help to Buy Equity Loan range from 3.64%

Kensington Mortgages has launched a new Help to Buy Equity Loan mortgage range for both first-time buyers and home movers across England and Wales.

27 Jun 2017

Digital change "raising the bar" for mortgage lenders: CML

Digital change "raising the bar" for mortgage lenders: CML

Digital change is radically altering consumer expectations in the mortgage market and “raising the bar for what borrowers expect from their home buying and owning experience,” according to the CML.

27 Jun 2017

Housing market unfazed by hung Parliament

Housing market unfazed by hung Parliament

The shock general election result has failed to deter buyers and sellers from entering the UK property market, according research from Jackson-Stops & Staff.

27 Jun 2017

Octane Capital appoints Masthaven's Gemma Salousti

Octane Capital appoints Masthaven's Gemma Salousti

New short-term lender, Octane Capital, has appointed Gemma Salousti has joined its risk team as Senior Credit Manager.

27 Jun 2017

UTB launches new mortgage and bridging BDM team

UTB launches new mortgage and bridging BDM team

United Trust Bank has launched a combined mortgages & bridging division with a raft of new BDM hires to support the proposition.

27 Jun 2017

BoE raises lenders' capital requirements due to "pockets of risk"

BoE raises lenders' capital requirements due to "pockets of risk"

UK banks will have to raise an extra £11.4bn in capital requirements over the next 18 months after the Bank of England's Financial Policy Committee increased the countercyclical capital buffer rate to 0.5% with a further rise to 1% expected in November.

27 Jun 2017

Just 23% find current pension guidance service useful

Just 23% find current pension guidance service useful

The Government faces a "series of real challenges" in tackling issues with the current pensions guidance system, MetLife argues, after its research found that less than a quarter find the current service useful.

27 Jun 2017

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