Latest News

Leeds cuts buy-to-let rates by up to 0.25%

Leeds cuts buy-to-let rates by up to 0.25%

Leeds Building Society has reduced rates on its fixed rate buy-to-let deals by up to 0.25%.

24 Jul 2017

95% LTV rates rise by 0.35% in 2017

95% LTV rates rise by 0.35% in 2017

The average two-year fixed rate at 95% LTV has increased by 0.10% since April and 0.35% since the start of the year, according to Moneyfacts data.

24 Jul 2017

YBS launches record low 95% LTV at 3.15%

YBS launches record low 95% LTV at 3.15%

Yorkshire Building Society has reduced its 95% LTV two-year fixed rate mortgage to 3.15% with £250 cashback.

24 Jul 2017

FCA sets out guidance for new anti-money laundering unit

FCA sets out guidance for new anti-money laundering unit

The FCA has launched a consultation regarding the new Office for Professional Body AML Supervision (OPBAS) which will be created within the FCA.

24 Jul 2017

IMF cuts UK's 2017 growth forecast to 1.7%

IMF cuts UK's 2017 growth forecast to 1.7%

The International Monetary Fund has lowered its 2017 growth forecast for the UK to 1.7%.

24 Jul 2017

TMW confirms August launch date for broker proc fees

TMW confirms August launch date for broker proc fees

The Mortgage Works, part of the Nationwide Group, has confirmed that it will pay a 0.20% procuration fee for retention business for all applications from 1 August.

24 Jul 2017

Hometrack appoints L&G's Andrew Vaughan

Hometrack appoints L&G's Andrew Vaughan

Hometrack has appointed Andrew Vaughan and Piero Bassu to its senior team.

24 Jul 2017

Consumers choosing financial security over rates or service

Consumers choosing financial security over rates or service

British consumers view security as the most important factor when selecting a bank or savings account, ahead of interest rates or good customer service, according to a survey from Aldermore.

24 Jul 2017

FCA issues new data requirement rules for pension providers

FCA issues new data requirement rules for pension providers

The FCA has published its final rules requiring providers of pensions, annuities and income drawdown to complete two new regulatory returns.

24 Jul 2017

Remortgaging becomes most active sector as FTB figures dip

Remortgaging becomes most active sector as FTB figures dip

33% of property valuations came from homeowners or landlords remortgaging in June, according to Connells Survey & Valuation.

24 Jul 2017

 

In the Spotlight with David Harbour, e.surv

In the Spotlight with David Harbour, e.surv

We spoke to David Harbour, Chief Surveyor at e.surv, about the current challenges impacting valuations and what's next for the surveying industry.

21 Jul 2017

Swallowing the bitter pill of debt in retirement

Swallowing the bitter pill of debt in retirement

A house becomes a home when we become emotionally attached. Everyone wants to be comfortable in their surroundings, and the family home is surely the bedrock of most people’s lives. However, more than ever before, the home is becoming inextricably linked to our financial well-being, but societal norms and opinions have been slow to catch up, leading to many, especially those in retirement, suffering undue stress and shame. Even in 2017, we still have a society where borrowing money in later life, no matter how big or small the amount, is almost always seen as completely negative.

21 Jul 2017

18% of earnings need to be saved for adequate retirement: ILC-UK

18% of earnings need to be saved for adequate retirement: ILC-UK

A report by the International Longevity Centre – UK has deemed the UK pension system "sustainable but inadequate", warning that young people face a "monumental savings challenge" to ensure a decent retirement income.

21 Jul 2017

Furness launches new discount and tracker products

Furness launches new discount and tracker products

Furness Building Society has launched a new range of discount and tracker products.

21 Jul 2017

Election result sparks 7% collapse in Prime London prices

Election result sparks 7% collapse in Prime London prices

June’s election result has 'paralysed' the Prime property market, according to Garrington Property Finders.

21 Jul 2017

City house prices to rise by 7% in 2017: Hometrack

City house prices to rise by 7% in 2017: Hometrack

City house price growth has proved resilient in H1 with growth of 5.1%, according to the latest Hometrack Index.

21 Jul 2017

Charter Savings Bank ups 1 year fixed ISA rate

Charter Savings Bank ups 1 year fixed ISA rate

Charter Savings Bank has raised the rate on its 1 Year Fixed Rate Cash ISA by 0.05%. It now offers 1.21% AER.

21 Jul 2017

Royal London launches e-signature consent for medical record access

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Royal London launches e-signature consent for medical record access

Royal London will now allow customers to give consent to access their medical records using an e-signature, they have announced today.

21 Jul 2017

Resi transactions dip in June - HMRC

Resi transactions dip in June - HMRC

The number of residential property transactions decreased by 3.3% between May 2017 and June 2017, according to figures released today by HMRC, with 96,910 residential transactions in Junes. This figure is 1.0% higher compared with the same month last year.

21 Jul 2017

Nearly half of women still not investing despite gender pay gap decreasing

Nearly half of women still not investing despite gender pay gap decreasing

Data released today shows a significant minority of women are still not planning to put any money aside into pensions or other investments, despite the pay gap being at its lowest since records began in 1997.

21 Jul 2017

FTBs' budgets come up short on legal fees

FTBs' budgets come up short on legal fees

Half of all first time buyers are spending £2,000 more than budgeted for when it comes to the fees and costs associated with buying a home, according to research from Barratt Homes.

21 Jul 2017

Accord pledges to continue free legals

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Accord pledges to continue free legals

Accord Mortgages has announced that it plans to continue to provide both residential and buy-to-let remortgage customers with the choice of free legal assistance or cashback up to £500 as part of its offering to those taking out a mortgage.

21 Jul 2017

Openwork launches surveying service

Openwork launches surveying service

Openwork has launched Openwork Surveying, in partnership with Legal & General Surveying Services, to provide clients with access to specialist surveyors across England, Wales and Northern Ireland.

20 Jul 2017

Coventry introduces transitional buy-to-let affordability policy

Coventry introduces transitional buy-to-let affordability policy

Coventry for intermediaries has introduced its transitional buy-to-let affordability policy for remortgagors.

20 Jul 2017

The Nottingham to re-open seven Norwich & Peterborough branches

The Nottingham to re-open seven Norwich & Peterborough branches

Nottingham Building Society has announced plans open seven new branches in market towns across the Midlands, Cambridgeshire and Norfolk.

20 Jul 2017

The Mortgage Lender grows distribution with Thistle Finance

The Mortgage Lender grows distribution with Thistle Finance

The Mortgage Lender has added Edinburgh-based master broker Thistle Finance Limited to its network of distribution partners.

20 Jul 2017

Complaints Commissioner criticises FCA over continued delays

Complaints Commissioner criticises FCA over continued delays

The FCA is still "taking far too long to conclude complaints", according to the annual report from The Complaints Commissioner.

20 Jul 2017

Phoebus Software appoints former GE Money chief as CTO

Phoebus Software appoints former GE Money chief as CTO

Phoebus Software has appointed Neil Dyke as its new Chief Technical Officer.

20 Jul 2017

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