Latest News

Hope Capital increases completions ten-fold

Hope Capital increases completions ten-fold

Hope Capital has completed bridging loans worth ten times more at the start of this year than it did over the same period last year.

10 Mar 2015

MP calls for HSBC chiefs to resign

MP calls for HSBC chiefs to resign

HSBC executives have been accused of incompetence and told that they should resign over tax evasion activities in HSBC's Swiss arm.

10 Mar 2015

Foundation Home Loans enhances BTL criteria

Foundation Home Loans enhances BTL criteria

Foundation Home Loans, which launched its first BTL product portfolio to the intermediary market in February, has announced further enhancements to its criteria today.

10 Mar 2015

Prudential CEO Tidjane Thiam to join Credit Suisse

Prudential CEO Tidjane Thiam to join Credit Suisse

Prudential have today announced that Tidjane Thiam, Group Chief Executive, will step down this year to join Credit Suisse as CEO.

10 Mar 2015

Secured lending records best start to year since 2008

Secured lending records best start to year since 2008

After December’s festive dip, the secured loan industry has bounced back in January, recording the best month-one lending figures for 6 years, at £58,236,782.

10 Mar 2015

Virgin launches new Defined Access Saver

Virgin launches new Defined Access Saver

Virgin Money has today announced the launch of a new Defined Access Saver account paying a variable rate of interest of 1.35% tax-free/AER/gross.

09 Mar 2015

HSBC widens BTL availability

HSBC widens BTL availability

From today, HSBC buy-to-let mortgages will be available to HSBC Advance and Premier customers.

09 Mar 2015

Almost half of banks penalise loyal savers in favour of new customers

Almost half of banks penalise loyal savers in favour of new customers

Thousands of loyal UK savers are losing out at the expense of new customers, with 43% of accounts currently paying less to existing customers than the equivalent live rate offered to new savers, according to analysis from Metro Bank.

09 Mar 2015

Overseas banks must offer personal assurances to PRA

Overseas banks must offer personal assurances to PRA

UK branch managers of overseas banks have until just 31 March to provide the Prudential Regulatory Authority with a signed personal assurance that their bank meets key regulatory requirements, or face regulatory censure and even the potential closure of the branch.

09 Mar 2015

LV= launches 5% IP discount

LV= launches 5% IP discount

LV= is offering a 5% discount on its income protection premium rates, applicable to both its full and budget income protection policies.

09 Mar 2015

 

Peter Brodnicki: Who are price wars helping?

Peter Brodnicki: Who are price wars helping?

Competition is a good thing for consumers in any market as it focuses the product provider or service supplier on ensuring they monitor and pay attention to what their competitors are doing.

09 Mar 2015

Average savings at ten-year high

Average savings at ten-year high

Savers put aside more money during 2014 than at any time in the past decade according to data from the latest NS&I Quarterly Savings Survey.

09 Mar 2015

Former L&G adviser jailed for £465k theft

Former L&G adviser jailed for £465k theft

A former L&G adviser who had an "unblemished record" faces a lengthy jail term after stealing nearly half a million pounds from an elderly couple.

09 Mar 2015

PASC: Treasury has not learned lessons from crisis

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PASC: Treasury has not learned lessons from crisis

In a new report on Government’s capacity to plan for and adapt to future challenges and crises published today, the Commons Public Administration Select Committee says that despite a lot of good work, there is not a comprehensive understanding across Government of the future risks and challenges facing the UK.

09 Mar 2015

One month to go - preparing for pension reform

One month to go - preparing for pension reform

We are now a little over a month away from the Government’s pension reforms kicking in, and as expected, there is a large amount of wailing and gnashing of teeth regarding the industry’s own ability to be ready in time.

09 Mar 2015

Govt sells further £500m of Lloyds shares

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Govt sells further £500m of Lloyds shares

The Chancellor has today announced that the government has sold another £500m of Lloyds Banking Group shares, taking the total amount of money raised through the trading plan launched in December 2014 to over £1bn.

09 Mar 2015

Former FCA director Clive Adamson to join Prudential

Former FCA director Clive Adamson to join Prudential

Former FCA director Clive Adamson is set to join Prudential, possibly as a non-executive director.

09 Mar 2015

Halifax launches cashback offer and rate reductions

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Halifax launches cashback offer and rate reductions

Halifax has launched a £500 cashback offer for first-time buyers and homemovers, and has reduced rates on the four year fixed rate product transfer range and five year fixed range by up to 0.25%.

09 Mar 2015

Zopa lends over £750 million in P2P loans

Zopa lends over £750 million in P2P loans

Zopa, the world’s first peer-to-peer lender, today marked the tenth anniversary of its service and start of the peer-to-peer finance industry worldwide.

09 Mar 2015

True Potential's investment technology helps double profits

True Potential's investment technology helps double profits

Financial and technology services group True Potential has grown turnover by 61% and almost doubled its profits following the launch of its new investment technology.

09 Mar 2015

BSA: money from govt's pensioner bonds should go towards affordable housing

BSA: money from govt's pensioner bonds should go towards affordable housing

In advance of the Budget on 18 March, the Building Societies Association has written to the Chancellor of the Exchequer asking for urgent and concerted action to help home buyers - particularly younger buyers.

09 Mar 2015

Santander launches 2% fixed rate ISA

Santander launches 2% fixed rate ISA

From Monday, Santander’s new range of cash ISAs will be available, including an exclusive 2 Year Fixed Rate ISA paying 2.0% AER tax free.

07 Mar 2015

Osborne seeks "to get rid" of RBS in quick sale

Osborne seeks "to get rid" of RBS in quick sale

George Osborne has admitted errors in the handling of RBS and will start eyeing reprivatisation as soon as possible if the Conservatives win the election.

06 Mar 2015

Adapting to change is key to broker success

Adapting to change is key to broker success

An opportunity-filled year is upon us and brokers willing to embrace change and overcome challenges will reap the benefits, says Nick Jones, national sales manager at Blemain Group.

06 Mar 2015

Equity release advisers must adapt to a growing industry

Equity release advisers must adapt to a growing industry

In financial services you can potentially judge the strength of a sector by the number of advisers actively working within it.

06 Mar 2015

Intrinsic appoints Operations Director

Intrinsic appoints Operations Director

Intrinsic Financial Services has announced that Steve Burke has joined the company as Operations Director.

06 Mar 2015

Signature Private Finance appoints Brilliant Solutions to panel

Signature Private Finance appoints Brilliant Solutions to panel

Signature Private Finance, a privately owned & funded Principal Lender, has appointed Brilliant Solutions to its distribution panel.

06 Mar 2015

Santander to withdraw GI range

Santander to withdraw GI range

From Tuesday 31 March, Santander for Intermediaries will withdraw General Insurance from its new business product range to focus on its mortgage proposition.

06 Mar 2015

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