Latest News

Zopa returns £50m in interest to consumers

Zopa returns £50m in interest to consumers

Peer-to-peer lending platform Zopa has today announced it has returned a total of over £50m in interest to UK consumers since launch, in the same week it also passes £800m in total lifetime lending.

10 Apr 2015

Slowdown in house building causes FTB concern

Slowdown in house building causes FTB concern

In February 2015, private house building decreased by 1.6% compared with January 2015, according to the ONS.

10 Apr 2015

Ipswich BS launches Retirement Mortgage Programme

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Ipswich BS launches Retirement Mortgage Programme

Ipswich Building Society has launched its Retirement Mortgage Programme, offering all of its mortgage products to those in retirement as well as to borrowers aged up to 85 years old at the time of their mortgage term ending.

10 Apr 2015

Just 1% of retirees will spend their pension on luxuries

Just 1% of retirees will spend their pension on luxuries

Fears of luxury spending by pensioners able to access their pension pots for the first time this week appear to be unfounded, with just 1% of 50-75 year olds saying they will use the entirety of their pot to “treat themselves”, according to a PwC-commissioned poll of 1,200 UK adults.

10 Apr 2015

TISA publishes new ISA guidelines

TISA publishes new ISA guidelines

TISA, in conjunction with the British Bankers Association and the British Societies Association, has published a set of guidelines to help individuals understand the new rules, which came into effect on 6 April 2015, granting people additional ISA allowances following the death of a spouse or civil partner.

10 Apr 2015

Voting closes today for the #FRAwards - don't miss your chance to vote!

Voting closes today for the #FRAwards - don't miss your chance to vote!

You have until midnight today to cast your votes in this year's Financial Reporter Industry Awards.

10 Apr 2015

YBS launches sub-2% three-year fix

YBS launches sub-2% three-year fix

Yorkshire Building Society has today launched a three-year fixed rate at 1.99% with a £345 product fee and £500 cashback on completion.

10 Apr 2015

Friends Life: pay-outs for CI claims top life claims for first time

Friends Life: pay-outs for CI claims top life claims for first time

Friends Life has revealed that for the first time it paid out more in critical illness claims than for life insurance. In 2014 it paid £122 million in critical illness claims – £1 million more than for life claims.

09 Apr 2015

BoE holds Bank Rate at 0.5%

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BoE holds Bank Rate at 0.5%

The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%.

09 Apr 2015

Leeds launches new ten-year fix

Leeds launches new ten-year fix

Leeds Building Society have today launched a new ten-year fixed rate mortgage with a rate of 3.64%.

09 Apr 2015

 

YBS unveils mortgage underwriting scheme

YBS unveils mortgage underwriting scheme

Yorkshire Building Society Group has pledged to develop a new scheme to train more mortgage underwriters over the next five years.

09 Apr 2015

Fleet completes £145m in Q1

Fleet completes £145m in Q1

Fleet Mortgages, the new buy-to-let and specialist lender, has today revealed that in the first three months of 2015 it had £145 million worth of buy-to-let business put through its system by intermediaries, with an average loan size across all types of products of £245k.

09 Apr 2015

UTB appoints specialist mortgages director

UTB appoints specialist mortgages director

United Trust Bank has today announced the appointment of Robert Owen to the new role of Specialist Mortgages Director.

09 Apr 2015

Precise refreshes entire second charge range

Precise refreshes entire second charge range

Precise Mortgages has today refreshed its entire second charge loans product range.

09 Apr 2015

Secured lending sees 35.8% monthly annual increase

Secured lending sees 35.8% monthly annual increase

The latest Secured Loan Index from Loans Warehouse shows that monthly lending in February reached £64,375,673 - an increase of 10.5% on the previous month, and the 40th consecutive monthly year on year increase.

09 Apr 2015

The road to paperless mortgage applications

The road to paperless mortgage applications

Look around your office and what do you see? In fact, let’s start a little closer to home – look at your desk and what do you see?

09 Apr 2015

West Brom increases online ISA rate to 1.55%

West Brom increases online ISA rate to 1.55%

West Brom Building Society is increasing the rate of interest paid on its WeBSaveR Limited Access ISA from 1.40% to 1.55%.

09 Apr 2015

Halifax: Q1 sees uplift in house prices

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Halifax: Q1 sees uplift in house prices

House prices in the first quarter of 2015 were 2.6% higher than in the final quarter of 2014, a similar rate to September 2014 (2.7%) prior to a marked slowdown in the last three months of 2014.

09 Apr 2015

Exeter Family Friendly joins AMII

Exeter Family Friendly joins AMII

Healthcare and protection insurer Exeter Family Friendly has announced it is to join the trade association representing healthcare and protection advisers and insurers, the Association of Medical Insurers and Intermediaries.

08 Apr 2015

Coventry launches fee free 1.99% fix

Coventry launches fee free 1.99% fix

Coventry Intermediaries have announced a range of fee free options for residential borrowers looking for 2, 3 or 5 year fixed rates.

08 Apr 2015

Industry event team nominated for two awards

Industry event team nominated for two awards

Front Events have been nominated for two industry awards from Exhibition News - Best New Organiser Team and Best Brand Expansion.

08 Apr 2015

Why I Love #FRAwards - Kerri Turtill, Evolution Money

Why I Love #FRAwards - Kerri Turtill, Evolution Money

In last year's Financial Reporter Industry Awards, Evolution Money won our Highly Commended Specialist Lender award.

08 Apr 2015

NatWest to cut low LTV rates

NatWest to cut low LTV rates

Tomorrow, NatWest Intermediary Solutions will be making rate reductions to a selection of its lower LTV residential deals.

08 Apr 2015

A question of policy

A question of policy

So Parliament has been dissolved and the serious campaigning is underway as May’s general election fast approaches.

08 Apr 2015

CII launches pension freedoms programme

CII launches pension freedoms programme

The Chartered Insurance Institute has announced a new exam for financial planners and paraplanners following the recent pension freedoms.

08 Apr 2015

Accord cuts three-year fixed rates

Accord cuts three-year fixed rates

Accord Mortgages has today launched a new range of three-year fixed rate mortgages, including a 2.09% three-year fixed rate up to 65% loan-to-value.

08 Apr 2015

Can there be real innovation in the mortgage market?

Can there be real innovation in the mortgage market?

‘Innovation’ is a word that often gets bandied around the mortgage market – lenders say they want to deliver more innovation, insurance companies like ourselves say we want to support more innovation and intermediaries say they want to see more innovation.

08 Apr 2015

BoE: mortgage demand drops "significantly" in Q1

BoE: mortgage demand drops "significantly" in Q1

The latest Bank of England Credit Conditions Survey reported that mortgage demand decreased significantly in the first quarter of 2015, as it had in 2014 H2.

08 Apr 2015

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