Latest News

Prestige launches new fixed rate range

Prestige launches new fixed rate range

Prestige Finance, the second charge loan specialist and part of OneSavings Bank plc, has announced a new range of fixed rate products for residential lending and reduced pricing on variable rate plans.

24 Mar 2015

SimplyBiz adopts Mortgage Brain’s sourcing system

shutterstock_156997538.jpg

SimplyBiz adopts Mortgage Brain’s sourcing system

SimplyBiz has enhanced its mortgage sourcing system offering for its members with the inclusion of MortgageBrain Anywhere as one of its preferred mortgage sourcing technology solutions.

24 Mar 2015

Virgin launches new fixed-rate ISAs

Virgin launches new fixed-rate ISAs

Virgin Money has launched two new cash ISAs, both offering savers increased interest rates on one-year and five-year accounts.

24 Mar 2015

ONS: House price growth slowing across UK

shutterstock_69404605.jpg

ONS: House price growth slowing across UK

The latest ONS House Price Index shows that annual house price growth is beginning to show signs of slowing across the majority of the UK, with house prices no longer at record levels in any region of England in January 2015.

24 Mar 2015

Rate of inflation falls to record low 0.0%

Rate of inflation falls to record low 0.0%

The rate of inflation faced by households has fallen to its lowest level on record with a 12-month rate of 0.0%

24 Mar 2015

Santander launches first standalone ISA app

Santander launches first standalone ISA app

Santander has today launched the UK’s first standalone ISA mobile app in a bid to transform the way consumers manage their savings.

24 Mar 2015

FCA to create new supervisory divisions

FCA to create new supervisory divisions

The Financial Conduct Authority has announced the creation of two new divisions that will be responsible for the FCA’s supervisory and authorisations work, each led by a director who will sit on the Executive Committee.

24 Mar 2015

Pension freedoms 'will boost advice opportunities'

Pension freedoms 'will boost advice opportunities'

More than half of firms expect the launch of pension freedoms in April to boost advice opportunities, according to new research from Prudential.

24 Mar 2015

Crystal Mortgages enters secured loan market

Crystal Mortgages enters secured loan market

Crystal Mortgages, the commercial mortgage finance and bridging loan specialist, is branching out into the secured loan market.

23 Mar 2015

Dragonfly appoints BDM

Dragonfly appoints BDM

Dragonfly Property Finance, part of the Octopus group, today announced it has hired Daniel Murray as an Internal Business Development Manager.

23 Mar 2015

 

Clayton Euro Risk appoints Tony Ward as President and CEO

Clayton Euro Risk appoints Tony Ward as President and CEO

Former Home Funding chief executive Tony Ward will join Clayton Euro Risk as President and Chief Executive on 1 April.

23 Mar 2015

A quarter would cash in their annuities under new reforms

A quarter would cash in their annuities under new reforms

A survey of more than 2,000 annuity holders found that a quarter would like the option to sell their pot in exchange for a cash lump sum, while a fifth said they would be likely to sell their annuity if they were given the option under the proposed changes.

23 Mar 2015

FCA faces further criticism over insurance investigation blunder

FCA faces further criticism over insurance investigation blunder

The Treasury Select Committee's report into the FCA blunder that affected insurance companies' share prices is expected to be published this week.

23 Mar 2015

One in four CTFs have never been contributed to

One in four CTFs have never been contributed to

Nearly one in four Child Trust Funds have been identified as ‘zombie’ accounts that have been forgotten by parents and that have never been contributed to since they were initially opened.

23 Mar 2015

SimplyBiz launches pension transfer service

SimplyBiz launches pension transfer service

The SimplyBiz Group has announced the launch of a pension transfer bureau, in partnership with Selectapension, which will handle money purchase and defined benefit/final salary schemes.

23 Mar 2015

Lending Works targets later-life lenders

Lending Works targets later-life lenders

Peer-to-peer lender Lending Works has announced the launch of several new features aimed at the UK pensions market, as new pension rule changes come into effect in April 2015.

23 Mar 2015

February sees "flurry of new buyers"

February sees "flurry of new buyers"

After a seasonal lull over the months of December and January, February saw a flurry of new buyers coming to the market as well as home owners looking to sell – increasing 10.9% and 10.7% annually according to the latest Haart Housing Market Monitor.

23 Mar 2015

Fleet adds Sesame to panel

Fleet adds Sesame to panel

Fleet Mortgages, the new buy-to-let and specialist lender, has today added adviser network, Sesame, to its distribution panel.

23 Mar 2015

Variable rate popularity at two-year high

Variable rate popularity at two-year high

The receding chances of an imminent interest rate rise from the Bank of England prompted more mortgage borrowers to opt for variable rates during February than any month since November 2012, according to the National Mortgage Index from Mortgage Advice Bureau.

23 Mar 2015

CML: Basel proposals will make mortgages 'scarcer and more expensive'

shutterstock_141413575.jpg

CML: Basel proposals will make mortgages 'scarcer and more expensive'

The CML are currently finalising submissions to the Basel Committee on consultations that could significantly disrupt parts of the UK mortgage market.

20 Mar 2015

Review calls for MAS's budget to be halved

Review calls for MAS's budget to be halved

An independent review of the Money Advice Service by Consumer Focus chair Christine Farnish has proposed a "reboot" of the service which could involve cutting its budget by £20 million.

20 Mar 2015

Overcome the fear and go have some fun!

Overcome the fear and go have some fun!

‘A karate loving motorcycling Financial Adviser who loves food, good coffee and whisky’.

20 Mar 2015

FCA bans and fines two directors for SIPP failings

FCA bans and fines two directors for SIPP failings

Two former directors of advisory firm TailorMade Independent Ltd have been banned from senior positions in financial services by the Financial Conduct Authority.

20 Mar 2015

Skipton expands ISA availability

Skipton expands ISA availability

Skipton Building Society has today made its Bonus Cash ISA available to online customers.

20 Mar 2015

Treasury confirms tax free P2P lending

Treasury confirms tax free P2P lending

As part of the Budget’s new tax break on savings, the Treasury has confirmed that P2P lending will be included in the personal savings allowance, meaning up to £1,000 in interest from lending will be tax free from April 2016.

20 Mar 2015

Drawdown to create increased life insurance demand

Retirement

Drawdown to create increased life insurance demand

Recent criticism of the fact that too many annuitants have been sold single life policies is likely to drive an increase in the sales of term or whole of life insurance including the likes of funeral plans, post April’s drawdown changes.

20 Mar 2015

Banks to get £8m rebate from PRA

Banks to get £8m rebate from PRA

The Bank of England's regulatory arm, the Prudential Regulation Authority, is returning £8m to banks in regulatory fees due to surplus 2014/2015 budget.

20 Mar 2015

TSB agrees £1.7bn takeover

TSB agrees £1.7bn takeover

Spanish bank Sabadell and TSB Banking Group have reached agreement on a £1.7bn takeover after a preliminary proposal was announced last week.

20 Mar 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