Latest News

Prudential trebles income drawdown sales in Q1

Prudential trebles income drawdown sales in Q1

Prudential's income drawdown sales nearly trebled to £14 million in Q1, while individual pensions sales increased by 125% to £27 million, both driven by the expanding market for flexible retirement income and pension products following the reforms.

06 May 2015

First Complete completions up 22%

shutterstock_167623811.jpg

First Complete completions up 22%

First Complete's mortgage completions for Q1 rose 22% on the same quarter last year, despite CML reports that mortgage completions across the market dropped by 3% in Q1.

06 May 2015

Access 4 Finance appoints Underwriting Manager

Access 4 Finance appoints Underwriting Manager

Second charge loan broker Access 4 Finance have today announced that former Brilliant Solutions Head of Secured Loans, Peter Wilkins, has joined the Rotherham-based firm in the newly-created position of Underwriting Manager.

06 May 2015

65% of advisers considering specialist income services

65% of advisers considering specialist income services

Nearly two thirds of advisers are considering adding specialist income modelling services to their existing business in response to the launch of new pension rules, according to research for MetLife.

06 May 2015

Secured lending at five-year high

Secured lending at five-year high

Secured lending grew by 13.7% in March, equating to £75.5m of second charge mortgages according to the latest Enterprise Finance Secured Loan Index.

06 May 2015

Financial Advice Network appoints MD

Financial Advice Network appoints MD

Financial Advice Network has appointed Mark Smitheringale as managing director to lead development and growth over the next five years.

05 May 2015

SMS expands team

SMS expands team

Solent Mortgage Services, the national specialist lending distributor, has expanded its customer service team to cope with increasing business volumes.

05 May 2015

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

Latest Money Careers

Popular this week

Buy-to-let
Roadshow 2017

15th - 23rd November

4 days
7 specialists
4 locations
Free to attend

Click here to register now