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Manor announces Promise Solutions as preferred providers

Manor announces Promise Solutions as preferred providers

Manor has today announced the appointment of Promise Solutions as its preferred provider of secured loans for its intermediary customers.

01 Dec 2014

FOS release credit broking complaint figures following FCA clampdown

FOS release credit broking complaint figures following FCA clampdown

Following the FCA’s announcement today about the new rules for credit brokers, the Financial Ombudsman Service have released a summary and update on the ombudsman and credit broking complaints.

01 Dec 2014

Stonehaven launches specialist retirement mortgage

Stonehaven launches specialist retirement mortgage

Stonehaven, the equity release provider, has launched a specialist retirement mortgage for the over 55s, which enables the borrower to pay the loan back in full like a conventional repayment mortgage.

01 Dec 2014

Bellpenny completes £330m IFA purchase

Bellpenny completes £330m IFA purchase

National wealth manager Bellpenny announced today that it has acquired Essex-based Unizone Ltd, one of the largest IFA businesses in the South-East of England.

01 Dec 2014

BoE: Mortgage approvals below average in October

BoE: Mortgage approvals below average in October

Figures from Bank of England Money & Credit Statistics for October, released today, have shown that the number of loan approvals for house purchase was 59,426 in October, compared to the average of 63,727 over the previous six months.

01 Dec 2014

BoE: New mortgage rates down 4bps in October

BoE: New mortgage rates down 4bps in October

Effective interest rates data for October released today by the Bank of England show that the effective rate on the stock of outstanding secured loans (mortgages) decreased by 1bp to 3.19%.

01 Dec 2014

Half of over-40s confused over guidance guarantee

Half of over-40s confused over guidance guarantee

With four and a half months to go until the introduction of the new pension regime, 53% of over-40s don’t know if they are eligible for the guidance guarantee says Partnership.

01 Dec 2014

P2P lender calls for FSCS revamp

P2P lender calls for FSCS revamp

On the thirteenth anniversary of the Financial Services Compensation Scheme, RateSetter, the peer-to-peer lending platform, calls for a refresh of the 'outdated and inefficient' safety measure on savers’ money.

01 Dec 2014

Virgin Money sells regional bank

Virgin Money sells regional bank

Virgin Money has today announced that it completed the sale of Church House Trust Limited to Ocean Industries S.A. on 30 November 2014.

01 Dec 2014

New FCA rules tackle credit broking fees

New FCA rules tackle credit broking fees

New rules have been introduced by the Financial Conduct Authority today to tackle poor practice in the credit broking market which is causing serious detriment to consumers.

01 Dec 2014

 

28% can't afford to retire

28% can't afford to retire

More than one in four over-55s do not expect to ever be able to afford to retire, with the fear of running out of money in retirement a major factor keeping them in work, research from Key Retirement shows.

01 Dec 2014

MGM Advantage to launch Retirement Account for advisers

MGM Advantage to launch Retirement Account for advisers

Retirement specialist MGM Advantage has confirmed it is developing a Retirement Account to take advantage of the new pension freedoms.

28 Nov 2014

'Decision speed is key' in development finance

'Decision speed is key' in development finance

‘Speed of initial decision’ is the most important attribute of a Development Finance lender according to brokers Speed of initial decision is the most important factor for brokers when choosing a development finance lender.

28 Nov 2014

In the Spotlight with Chris Bramham, Director - Head of Mortgages & BTL, Brightstar Financial

In the Spotlight with Chris Bramham, Director - Head of Mortgages & BTL, Brightstar Financial

We spoke to Chris Bramham, Head of Mortgages and Buy to Let at Brightstar Financial, about BTL regulation and mortgage prisoners trapped on SVRs.

28 Nov 2014

Government housing schemes see 71,000 completions

Government housing schemes see 71,000 completions

Help to Buy has helped more than 71,000 people across the country buy a new home, official statistics published today have revealed.

28 Nov 2014

Equity release clients with failing health need LPA, warns Goldsmith Williams

Equity release clients with failing health need LPA, warns Goldsmith Williams

Reports of recent research conducted by LV= have shown that 48% of all equity release customers took their plan because of a need to renovate.

28 Nov 2014

House price growth softens in November

House price growth softens in November

According to the latest Nationwide House Price Index, UK house prices rose by 0.3% in November - a continued softening of house price growth.

28 Nov 2014

Saffron launches new broker-only mortgage range

Saffron launches new broker-only mortgage range

Saffron For Intermediaries, the dedicated broker channel of Saffron Building Society, has today launched a new range of mortgages.

28 Nov 2014

Help to Buy users using just 33% of allowance

Help to Buy users using just 33% of allowance

Homebuyers using the Help to Buy equity loan scheme are using just 33% of the scheme’s maximum purchase allowance, according to analysis from Mortgage Advice Bureau, the UK’s best known broker brand.

28 Nov 2014

Self-employed 'cannot afford to save into pension'

Self-employed 'cannot afford to save into pension'

More than two out of five (43%) self-employed workers have no pension savings and say they cannot afford to put money away for their retirements, according to new research from Prudential.

28 Nov 2014

FTB completions stall in October

FTB completions stall in October

The number of first-time buyer house completions stalled in October, as demand began to ebb away at the bottom of the market, according to the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains.

28 Nov 2014

Selectapension offers advisers discount on Black Friday

Selectapension offers advisers discount on Black Friday

As Britons get ready to spend an astonishing £6,000 per second on Black Friday, Selectapension is marking the occasion by offering Advisers a special £50 discount on all Selectapension software including Asset Reviewer, Income Drawdown, Money Purchase, Defined Benefit Transfer Analysis and QROPs tools if ordered by 5pm on the day.

27 Nov 2014

Leeds launches new 5-year ISA

Leeds launches new 5-year ISA

Leeds Building Society is launching a new five year Fixed Rate Cash ISA paying 2.25% tax-free pa/AER on Friday, 28th November.

27 Nov 2014

Ezbob targets mortgage brokers

Ezbob targets mortgage brokers

Ezbob, the online short term commercial lender, is waving the flag to attract more mortgage brokers to start adding businesses as clients as the need for finance among SMEs continues to strengthen.

27 Nov 2014

Dudley BS urges industry to address self employed lending gap

Dudley BS urges industry to address self employed lending gap

Dudley BS is urging the industry to address self employed lending gaps and is embarking upon a ‘2015: Year of the Self Employed’ campaign to end discrimination against the borrowing needs of the self employed when it comes to home ownership.

27 Nov 2014

Lenders withdraw £2bn from FLS in Q3 - but SMEs not feeling the benefit

Lenders withdraw £2bn from FLS in Q3 - but SMEs not feeling the benefit

Funding for Lending Scheme data released by the Bank of England this morning indicate that lending to SMEs fell slightly in Q3.

27 Nov 2014

Balance between supply & demand emerges

Balance between supply & demand emerges

A better balance between the number of homes for sale and the number of registered home buyers is emerging, according to the latest NAEA October Housing Market Report.

27 Nov 2014

Accord launches 1.74% 2-year fix

Accord launches 1.74% 2-year fix

Accord Mortgages has reduced its residential rates by up to 0.15% across its two-year fixed rate range, with some mortgages including £250 cash back on completion and a free standard valuation.

27 Nov 2014

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Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

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