Latest News

SimplyBiz scraps floatation plans

SimplyBiz scraps floatation plans

Simplybiz has postponed plans to raise funds through the sale or floatation of a 60% stake in the business.

05 May 2015

Mortgages the ‘hardest financial product to switch’ post-MMR

Mortgages the ‘hardest financial product to switch’ post-MMR

Mortgages are now the hardest financial product to switch, according to a survey of customers who have shopped around for financial services in the last 12 months.

05 May 2015

HSBC profits up 4% in Q1

HSBC profits up 4% in Q1

HSBC has reported a 4% rise in Q1 pre tax profits, at $7,059m compared with $6,785m in the same period in 2014.

05 May 2015

Lloyds cuts FTB rates to five-year low

Mortgages

Lloyds cuts FTB rates to five-year low

Lloyds Bank has cut rates on its two year fixed rate mortgages for first time buyers, homemovers and those looking to remortgage, taking some first time buyer rates to their lowest levels in five years.

05 May 2015

Two-thirds back compulsory retirement advice

Two-thirds back compulsory retirement advice

Two-thirds (65%) of people aged 55 and over who are not yet retired believe that it should be compulsory to receive financial advice at retirement, according to research from MGM Advantage.

05 May 2015

West One Loans grows loan book to £200m

West One Loans grows loan book to £200m

West One Loans, the specialist provider of short term bridging finance for residential and commercial properties, has grown its loan book to £200m following a strong start to 2015.

05 May 2015

Skipton launches new ISA and bond range

Skipton launches new ISA and bond range

Skipton Building Society has launched a new range of Fixed Rate ISAs and Bonds with interest rates increasing on the majority of products.

05 May 2015

LMS partners with Monmouthshire BS

LMS partners with Monmouthshire BS

LMS has announced its latest partnership with Monmouthshire Building Society.

05 May 2015

LendInvest appoints Microsoft senior exec

LendInvest appoints Microsoft senior exec

LendInvest has announced that it has hired Bart Boezeman in the new role of Chief Marketing Officer.

05 May 2015

One in four don't know how to apply for a BTL mortgage

One in four don't know how to apply for a BTL mortgage

More than one in four (28%) of would-be landlords considering buy-to-let to boost their retirement income do not know how to apply for a mortgage to get started, new research conducted for specialist mortgage lender Kensington shows.

05 May 2015

 

Average equity release drawdown rises 9% in Q1

Average equity release drawdown rises 9% in Q1

Retired homeowners are increasingly using their property wealth to clear debts, including loans, credit cards and mortgages, according to research by Key Retirement.

02 May 2015

Stephen Johnson: When it comes to Central London, keep one eye on May

Stephen Johnson: When it comes to Central London, keep one eye on May

An area of concern bubbling to the surface these past nine months has been the drifting values of the prime and central London property market.

01 May 2015

In the Spotlight with Rob Jupp, Brightstar

In the Spotlight with Rob Jupp, Brightstar

We spoke to Rob Jupp, CEO at Brightstar, about the company's recent rebrand and the expansion of the specialist market.

01 May 2015

How to focus on the customer, not just the transaction

How to focus on the customer, not just the transaction

In recent years protection products, new business models and adviser client interaction have become more commoditised which has led to a more transactional type of relationship.

01 May 2015

Hinckley & Rugby launch new high-LTV fixes

Hinckley & Rugby launch new high-LTV fixes

Hinckley & Rugby Building Society has today launched three new reversionary two-year fixed rate mortgages at 95, 85 and 80% LTV.

01 May 2015

The growing need for a 'later life adviser party'

The growing need for a 'later life adviser party'

Firstly, the good news. The Election campaign is nearly over – as I write this we have just a week left before May 7th although it’s what comes after it that is perhaps the most cause for concern.

01 May 2015

TSB sale costs Lloyds £660m

Latest News

TSB sale costs Lloyds £660m

The sale of TSB cost Lloyds Banking group £660m, causing statutory profit before tax to fall by 11% to £1.214bn in Q1.

01 May 2015

Use of equity release to boost pension income doubles in Q1

Use of equity release to boost pension income doubles in Q1

Almost three quarters (70%) of equity release advisers expect the market to continue to grow over the next six months, despite retirees now having the option to drawdown some or all of their defined contribution pension pots.

01 May 2015

Halifax enhances FTB range

shutterstock_150801512.jpg

Halifax enhances FTB range

Halifax Intermediaries has launched a 1% cashback offer of up to £2,500 for first-time buyers across the product range, including Affordable Housing, New Build and Help to Buy products.

01 May 2015

Rob Jupp: You can’t know everything!

Rob Jupp: You can’t know everything!

Four years ago there were just over 1200 mortgage products available and, in the depths of the credit crunch as we were then, hardly any of them were specialist lending products.

01 May 2015

Stonebridge protection activity up 68%

Stonebridge protection activity up 68%

Stonebridge Group, the mortgage and insurance network, has today announced continued growth in protection activity and commission levels over the course of the last 12 months.

01 May 2015

BoE: mortgage approvals dip in March

BoE: mortgage approvals dip in March

The latest Bank of England Money and Credit statistics show that the number of approvals for house purchase has dipped slightly month-on-month.

01 May 2015

Advisers demand more equity release products

Advisers demand more equity release products

Nearly four fifths (77%) of advisers believe there should be more products launched to enable asset rich but cash poor clients to access property equity, according to research more 2 life.

01 May 2015

8 in 10 remortgagors switch lenders

8 in 10 remortgagors switch lenders

Eight in ten (82%) borrowers who remortgaged switched lenders to get a better deal, yet just 3% were incentivised by their existing lender to stay with them, according to research by LMS.

01 May 2015

Co-op launches UK's lowest ever 2 year fix at 1.09%

Co-op launches UK's lowest ever 2 year fix at 1.09%

The Co-operative Bank has today launched the UK's lowest ever 2 year fixed rate mortgage.

01 May 2015

FTB transactions at two-year low

FTB transactions at two-year low

The first quarter of 2015 has seen the lowest number of first-time buyers complete property transactions for two years, according to the latest First Time Buyer Tracker from Your Move and Reeds Rains.

01 May 2015

Barclays announces sub-2% 5 year fix

Barclays announces sub-2% 5 year fix

Barclays has reduced the fixed rates on the 2, 5 and 10 year fixed rates across its range, as well as introducing a highly attractive 5 year fixed rate at 1.99%.

01 May 2015

Saffron BS appoints Colin Field as CEO

Saffron BS appoints Colin Field as CEO

Saffron Building Society has announced the appointment of Colin Field as Chief Executive Officer designate.

30 Apr 2015

Latest Money Careers

Popular this week

Specialist Lending Roadshow 2017

20th - 28th September

4 days
7 specialists
4 locations
Free to attend

Click here to register now