Latest News

Principality lending exceeds £5bn

Principality lending exceeds £5bn

Principality Building Society has today announced that its lending to home owners has exceeded £5bn for the first time.

05 Aug 2015

Peter Brodnicki: Mirroring customer behaviour is the key to success

Peter Brodnicki: Mirroring customer behaviour is the key to success

As a business owner do you have a clearly stated, consistent, and managed customer experience?

04 Aug 2015

Leeds BS cuts fees assisted high-LTV rates

Leeds BS cuts fees assisted high-LTV rates

Leeds Building Society is reducing the rate of its fees assisted two year fixed rate mortgage at 90% LTV from 3.79% to 3.29%.

04 Aug 2015

Yorkshire BS revamps online mortgage offering

Yorkshire BS revamps online mortgage offering

Yorkshire Building Society is offering a new online innovation designed to make the mortgage application process easier and more flexible.

04 Aug 2015

Promise appoints Mortgage Packaging Manager

Promise appoints Mortgage Packaging Manager

Promise Solutions has appointed a new Mortgage Packaging Manager to support the growth of its packaging department.

04 Aug 2015

Pension freedoms dent Standard Life's H1 profits

Pension freedoms dent Standard Life's H1 profits

Standard Life's UK operating profit has dropped from £165m in H1 2014 to £141m in H1 2015.

04 Aug 2015

LifeQuote launches premium and sum assured quotations

LifeQuote launches premium and sum assured quotations

LifeQuote has said that MMR and its resultant focus on cash flow for borrowers has driven it to launch a premium driven service to support the traditional sum assured approach.

04 Aug 2015

Government sells £2.1bn of RBS shares

Government sells £2.1bn of RBS shares

The government has today sold 5.4% of its stake in the Royal Bank of Scotland, at a price of 330p per share.

04 Aug 2015

Family BS joins Complete FS panel

Family BS joins Complete FS panel

Complete FS, part of the National Counties Building Society, has announced the addition of Family Building Society to its lending panel.

04 Aug 2015

Bank Rate speculation fuels mortgage rate rises

Bank Rate speculation fuels mortgage rate rises

Since Bank of England Governor, Mark Carney, suggested just a few weeks ago that Bank Rate could rise by the turn of the year, several lenders have started to hike their mortgage rates, according to MoneySuperMarket.

04 Aug 2015

 

House price growth accelerates in July

House price growth accelerates in July

UK house prices increased by 0.4% in July, bringing the annual pace of house price growth from 3.3% in June to 3.5%, according to the latest Nationwide house price index.

04 Aug 2015

Tom Hayes found guilty of fixing Libor rate

Tom Hayes found guilty of fixing Libor rate

City trader Tom Hayes has been convicted of rigging Libor rates at Southwark crown court today.

03 Aug 2015

Broker jailed over £115k tax and mortgage fraud

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Broker jailed over £115k tax and mortgage fraud

A London mortgage broker who lied about his company profits to evade almost £115,000 in corporation tax has been sentenced for his involvement in a tax and mortgage fraud.

03 Aug 2015

LV= invests in automated advice firm

LV= invests in automated advice firm

Retirement specialist LV= has taken a majority stake in Wealth Wizards Limited, the UK based automated advice experts.

03 Aug 2015

Capita signs mortgage contract with Co-op Bank

Capita signs mortgage contract with Co-op Bank

Capita has signed a contract with The Co-operative Bank to manage its mortgage servicing operation in the UK.

03 Aug 2015

Lloyds share sales reach £14bn as RBS sale begins

Latest News

Lloyds share sales reach £14bn as RBS sale begins

The government has sold a further 1% shareholding in Lloyds Banking Group through the trading plan launched in December, taking the total raised for the taxpayer to almost £14 billion and reducing the government's shareholding to below 14%.

03 Aug 2015

Key Retirement sees 66% rise in equity release market share

Key Retirement sees 66% rise in equity release market share

Key Retirement has reported a 66% growth in its market share within the equity release sector over the past five years.

03 Aug 2015

Annuity rates rise to six month high

Annuity rates rise to six month high

Recent annuity rate rises have spurred an increase in sales following April's near-record low demand, according to the latest At Retirement Report by IRESS.

03 Aug 2015

Government and FCA launch "major review" into adviser rules

Government and FCA launch "major review" into adviser rules

The government has launched a 'major new review' into how financial advice could work better for consumers.

03 Aug 2015

HSBC profits up 10% following Brazil exit

HSBC profits up 10% following Brazil exit

HSBC have announced that its H1 profit before tax is up 10% at $13,628m compared with $12,340m in the same period in 2014.

03 Aug 2015

Halifax launches instant online AIP

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Halifax launches instant online AIP

Halifax has launched a mobile Agreement in Principle tool which enables customers to receive an instant lending decision while they are on the move in less than fifteen minutes.

03 Aug 2015

PRA takes action following FSCS depositor protection drop

PRA takes action following FSCS depositor protection drop

The Prudential Regulation Authority is introducing new rules to ensure depositors who may experience a decrease in the level of protection following the change to the FSCS deposit protection limit are given the opportunity to adjust to the new limit, without incurring any penalty or loss of interest.

31 Jul 2015

In the Spotlight with Mark Riddick, Chairman of Search Acumen

In the Spotlight with Mark Riddick, Chairman of Search Acumen

We spoke to Mark Riddick, Chairman of Search Acumen, about the importance of technological developments within the industry, and the relationship between estate agents and conveyancers.

31 Jul 2015

Intelliflo's John Penn joins Twenty7Tec

Intelliflo's John Penn joins Twenty7Tec

Twenty7Tec, provider of online mortgage and secured loan sourcing systems, has today announced the appointment of John Penn as the company's new Product Manager for its MortgageApply platform.

31 Jul 2015

FCA appoints Christopher Woolard to Board

FCA appoints Christopher Woolard to Board

The Financial Conduct Authority has appointed Director of Strategy and Competition, Christopher Woolard, to its Board.

31 Jul 2015

Lloyds sets aside further £1.4bn in PPI provisions

Latest News

Lloyds sets aside further £1.4bn in PPI provisions

Lloyds Banking Group increased the provision for expected PPI costs by a further £1.4 billion in the first half of 2015, compared to £863m the previous year.

31 Jul 2015

The Coventry launches 2.35% five-year fix

The Coventry launches 2.35% five-year fix

Coventry for Intermediaries has launched a new five-year fixed rate residential mortgage range, with rates starting from 2.35%.

31 Jul 2015

FTB transactions see 27% annual drop

FTB transactions see 27% annual drop

There were 21,100 first-time buyer completions in June 2015, 7% lower than 22,700 in May and 27.2% lower than a year ago.

31 Jul 2015

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