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BM Solutions reduces further advance rates by 0.9%

BM Solutions reduces further advance rates by 0.9%

BM Solutions has reduced the rates across its two year fixed Buy to Let and Let to Buy further advance products by 0.9%.

13 Mar 2015

FCA fines and bans former Financial Group director

FCA fines and bans former Financial Group director

The Financial Conduct Authority has fined former compliance director Stephen Bell £33,800 for systemic weaknesses in the design and execution of network Financial Group’s compliance systems and controls.

13 Mar 2015

Treasury concerned over 'unfair' FCA redress scheme

Treasury concerned over 'unfair' FCA redress scheme

The Government has expressed concern over "the fairness of the scheme set up by the FCA to provide redress to small businesses that have been mis-sold interest rate hedging products".

13 Mar 2015

Friends Life launches Global Treatment option

Friends Life launches Global Treatment option

Friends Life has announced the launch of Global Treatment - the first protection option of its kind in the UK - which gives customers access to medical experts and treatments around the world.

13 Mar 2015

Aldermore begins trading on LSE's main market

Aldermore begins trading on LSE's main market

Shares in Aldermore Group PLC were today admitted to trading on the London Stock Exchange’s main market after the Company’s successful completion of its Initial Public Offering.

13 Mar 2015

Heading towards the MCD - an opportunity for lenders to review their approach

Heading towards the MCD - an opportunity for lenders to review their approach

There are only 12 months to go before the EU Mortgage Credit Directive comes into force. Lenders still waiting on the FCA’s final rules before making any changes risk being left chasing the pack, according to Vertex Financial Services’ CEO, Chris Thompson.

13 Mar 2015

Scottish Friendly calls for pension withdrawal warnings

Scottish Friendly calls for pension withdrawal warnings

Scottish Friendly has called for the issue of formal ‘think again’ warnings to be issued to customers wishing to cash in all or part of their pension when the new pension freedoms take effect next month.

13 Mar 2015

Halifax and Lloyds cut further advance rates by 1%

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Halifax and Lloyds cut further advance rates by 1%

Halifax and Lloyds Bank have reduced the rates across their two-year fixed further advance products by 1%.

13 Mar 2015

House prices £34,000 above pre-crisis high

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House prices £34,000 above pre-crisis high

At £273,528, house prices are now £34,192 higher than at height of the housing boom in February 2008, according to the latest report from LSL.

13 Mar 2015

February housing market sees "surge in activity"

February housing market sees "surge in activity"

February saw the housing market revive with valuations increasing across all sectors, according to the latest research from Connells Survey and Valuation.

13 Mar 2015

 

Omega to join HLP’s panel

Omega to join HLP’s panel

HomeLoan Partnership have added Omega Secured Loans to their panel, cementing further the established relationship with Omega that already exists through their Commercial Mortgage offering.

12 Mar 2015

Kevin Paterson: Young people need brokers too - insuring Generation Rent

Kevin Paterson: Young people need brokers too - insuring Generation Rent

Data from the latest English Housing Survey shows a pretty even split across homes that are owned outright, those that are mortgaged and those that are rented. Of the 22.6 million households in England, just over a third (36.7 percent) are rented while just under a third are either mortgaged (30.6 percent) or owned outright (32.7 percent).

12 Mar 2015

Quantum completes £1.2m loan

Quantum completes £1.2m loan

Quantum by Bridgebank Capital has completed a £1.2 million short term loan advance, secured against a residential investment property, to provide funding for repayment of an existing loan facility at a material beneficial discount to the borrower.

12 Mar 2015

Standard Life to offer full pensions flexibility

Standard Life to offer full pensions flexibility

Standard Life has confirmed it is ready to give customers full access to the new pensions flexibility and choice which go live in April - backed by support to enable them to understand their options, online and over the phone.

12 Mar 2015

Precise completes fourth securitisation

Precise completes fourth securitisation

Specialist lender Precise Mortgages completed its fourth public securitisation earlier this week bringing total issuance since December 2013 to over £800 million.

12 Mar 2015

Leeds BS first lender to accept HTB re-mortgages

Leeds BS first lender to accept HTB re-mortgages

Leeds Building Society has become the first lender to accept re-mortgage applications from Help to Buy Equity borrowers.

12 Mar 2015

Trust in the pensions industry "plummeting"

Trust in the pensions industry "plummeting"

Despite UK savers’ plans to cash their pensions following the pension freedoms, research by TD Direct Investing found that many of them feel they are not equipped to decide what to do with them in a highly diverse investment environment.

12 Mar 2015

TSB backs takeover by Spanish bank

TSB backs takeover by Spanish bank

TSB has agreed to a takeover by Spanish bank Sabadell after an offer valuing the bank at £1.7 billion.

12 Mar 2015

Bower Retirement Services acquires equity release adviser firm

Bower Retirement Services acquires equity release adviser firm

Bower Retirement Services has acquired and amalgamated Sixty Plus – an independent financial adviser firm specialising exclusively in equity release – into its operation with immediate effect.

12 Mar 2015

RICS: February house prices accelerate

RICS: February house prices accelerate

The February RICS Residential Market Survey shows a slight pick up in price momentum, but the combination of subdued demand and a lack of property coming to market has kept sales activity muted.

12 Mar 2015

Advisers call for simplified pension products

Advisers call for simplified pension products

Specialist retirement income advisers believe providers need to focus on simplifying products before launching new ones ahead of the pension freedoms next month.

12 Mar 2015

Shawbrook announces intention to float

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Shawbrook announces intention to float

Shawbrook has today announced its intention to float on the London Stock Exchange in April.

12 Mar 2015

High LTV lending rebounds in February

High LTV lending rebounds in February

Borrowers with smaller deposits accounted for the largest portion of house purchase lending in five months in February, according to the latest Mortgage Monitor from e.surv.

12 Mar 2015

MPC's Martin Weale: policy decisions "remain finely balanced"

MPC's Martin Weale: policy decisions "remain finely balanced"

In a speech today at the City and Islington Sixth Form College, MPC member Dr Martin Weale, explains why he is confident that the MPC can return inflation to target and why, for him, despite the "international concern about very low inflation", the decision of whether or not to tighten policy remains finely balanced.

11 Mar 2015

Skipton launches new mortgage range

Skipton launches new mortgage range

Skipton Building Society is tomorrow launching a new range including a variety of two, three and five year fixes, with a choice of fee and rate blends to maximise choice and flexibility.

11 Mar 2015

NIESR announces GDP growth of 0.6%

NIESR announces GDP growth of 0.6%

NIESR's monthly estimates of GDP suggest that output grew by 0.6% in the three months ending in February 2015 after growth of 0.6% in the three months ending in January 2015.

11 Mar 2015

Why I Love #FRAwards - Mark Lofthouse, Mortgage Brain

Why I Love #FRAwards - Mark Lofthouse, Mortgage Brain

In last year's Financial Reporter Industry Awards, Mortgage Brain won Best Sourcing System.

11 Mar 2015

Using technology to reclaim time and maximise income

Using technology to reclaim time and maximise income

Advisers working in small firms will know only too well the difficulties and the challenges involved in juggling the time we have and, at busy times, it can be a real uphill struggle unless of course you’re willing to work 18-hour days including the weekends.

11 Mar 2015

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