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SortRefer sees BTL boost following pension reforms

SortRefer sees BTL boost following pension reforms

SortRefer has seen a 53% uplift on the number of standard buy to let remortgage conveyancing quotes issued in the period since the April 7 pension reforms.

29 Apr 2015

Barclays sets aside extra £800m forex provision

Barclays sets aside extra £800m forex provision

Barclays has set aside "additional provisions of £800m" in Q1 alone to cover investigations relating to Foreign Exchange.

29 Apr 2015

Santander reduces H2B rates

Santander reduces H2B rates

Santander has reduced rates on its Help to Buy one 75% LTV two year fixed rate mortgage by 0.50% to 2.49%, while the 75% LTV five year fix is now 3.14% - both with a zero booking fee.

28 Apr 2015

Santander's mortgage applications drop 12%

Santander's mortgage applications drop 12%

Santander's Q1 financial results show that mortgage applications fell 12% year-on-year.

28 Apr 2015

GDP sees slowest quarterly growth since 2012

GDP sees slowest quarterly growth since 2012

UK GDP growth is estimated to have grown by 0.3% - the slowest quarterly growth since the end of 2012.

28 Apr 2015

BBA: Q1 sees increased mortgage demand

BBA: Q1 sees increased mortgage demand

House purchase approvals are trending upwards as consumers take advantage of competitive prices in the mortgage market, although lending activity is still down on this time last year.

28 Apr 2015

Scottish Widows to pay product transfer proc fees

Scottish Widows to pay product transfer proc fees

Scottish Widows Bank has today launched a new online Mortgage Product Transfer facility which simplifies the switching process for brokers and their clients.

28 Apr 2015

FSE Manchester unveils seminar programme

FSE Manchester unveils seminar programme

Financial Services Expo Manchester has today unveiled its seminar programme which will feature a key-note address by the Financial Conduct Authority.

28 Apr 2015

Value of remortgage lending hits two-year low

Value of remortgage lending hits two-year low

The value of monthly gross remortgage lending saw a slight decrease to £3.3bn in March, the lowest amount in two years and a 0.2% reduction from February’s CML figures.

28 Apr 2015

The benefits and disadvantages of joining a network

The benefits and disadvantages of joining a network

The sway of opinion in favour of networks or being directly authorised has ebbed and flowed ever since the network model has existed. At the moment, judged by the swell of mortgage and protection advisers looking to join First Complete, the balance of opinion is very much in favour of networks.

28 Apr 2015

 

Nigel Payne joins TFC Homeloans as MD

Nigel Payne joins TFC Homeloans as MD

Nigel Payne has joined specialist distributor TFC Homeloans as its managing director.

28 Apr 2015

Improved affordability sparks rush in mortgage applications

Improved affordability sparks rush in mortgage applications

Improved product affordability has helped to speed up mortgage activity following a slow end to 2014, according to the National Mortgage Index from Mortgage Advice Bureau.

28 Apr 2015

Compliance jobs up 13%

Compliance jobs up 13%

The number of compliance jobs advertised in the first quarter year-on-year rose by 13%, according to research from recruiter Robert Walters.

27 Apr 2015

Voters call for £20,000 ISA limit

Voters call for £20,000 ISA limit

With two weeks to go until the election, new research from investment service provider Willis Owen shows that voters want to see the ISA limit increase to £20,000.

27 Apr 2015

Are hidden protection statistics denting consumer confidence?

Are hidden protection statistics denting consumer confidence?

77% of consumers aren't aware of the current strong rate of pay outs for protection policies, according to research from Aegon.

27 Apr 2015

Tracker rates see increased popularity

Tracker rates see increased popularity

Research by Paragon Mortgages has revealed that the decline in tracker rate popularity seems to be shifting.

27 Apr 2015

Wealth Horizon launches financial advice ‘manifesto’

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Wealth Horizon launches financial advice ‘manifesto’

Financial advice firm Wealth Horizon has outlined where it would like to see changes in the financial advice industry over the coming years.

27 Apr 2015

Labour pledges to scrap FTB stamp duty

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Labour pledges to scrap FTB stamp duty

Ed Miliband will today announce plans to axe stamp duty for first time buyers, and give them priority access on new homes built.

27 Apr 2015

Precise recruits two national sales managers

Precise recruits two national sales managers

Precise Mortgages has expanded its sales team with the recruitment of two senior sales managers.

27 Apr 2015

Equity Release Council: FOS HSBC ruling a "landmark decision"

Equity Release Council: FOS HSBC ruling a "landmark decision"

Nigel Waterson, Chairman of The Equity Release Council, has said that the Financial Ombudsman Service's ruling against HSBC "could prove to be a landmark decision".

27 Apr 2015

First Central London-focused REIT to float on AIM

First Central London-focused REIT to float on AIM

A Central London-focused residential real estate group has today announced its intention to raise in excess of £6m on AIM to fund its first significant acquisition and provide working capital.

27 Apr 2015

The Mansfield sees 34% rise in intermediary business

The Mansfield sees 34% rise in intermediary business

The Mansfield Building Society, which has reported increased profits for the financial year ending in December 2014, has also seen a rise in intermediary sourced business of over 34%.

27 Apr 2015

Investec launches fixed rate professional range

Investec launches fixed rate professional range

Investec, the private bank and wealth manager, has added a range of 3 and 5 year fixed rates to its mortgages for qualified professionals requiring large loans.

27 Apr 2015

Looking back or looking forward - MMR, one year on

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Looking back or looking forward - MMR, one year on

It has been one year since the much-discussed Mortgage Market Review landed upon the UK mortgage market, amid varying degrees of concern about its effects on homebuyers and lenders alike.

26 Apr 2015

4 in 10 worry about providing supporting evidence post-MMR

4 in 10 worry about providing supporting evidence post-MMR

4 in 10 (39%) of those surveyed thought they would not find it easy to provide all supporting evidence of expenditure information needed when applying for a mortgage, according to research from credit information provider, Equifax, conducted in collaboration with What Mortgage.

25 Apr 2015

In the Spotlight with Harpal Singh, Broker Conveyancing

In the Spotlight with Harpal Singh, Broker Conveyancing

We spoke to Harpal Singh, Managing Director of Broker Conveyancing, about a post-MMR industry and the greater recognition of conveyancing as an opportunity for advisory firms.

24 Apr 2015

BM Solutions cuts BTL rates

BM Solutions cuts BTL rates

BM Solutions has reduced the rates across its two, three, and five year buy to let and let to buy fixed and tracker rate product ranges by up to 0.5%.

24 Apr 2015

Bower Retirement Services appoints head of business development

Bower Retirement Services appoints head of business development

Equity release adviser firm Bower Retirement Services has further strengthened its management team by appointing Georgina Oxton to the newly created role of Head of Business Development.

24 Apr 2015

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