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Equity release sees largest ever lending figures

Equity release sees largest ever lending figures

The total value of equity release lending reached almost £1.4bn (£1.38bn) in 2014, according to the latest industry figures from the Equity Release Council.

20 Jan 2015

BIBA's regulation manifesto launches in Parliament

BIBA's regulation manifesto launches in Parliament

The British Insurance Brokers' Association has launched its 2015 Manifesto insuring Britain’s future at a reception in the Houses of Parliament to an audience of Ministers, MPs, Lords, senior Government officials, insurance brokers and media.

19 Jan 2015

Tavistock to buy Financial Ltd

Tavistock to buy Financial Ltd

Tavistock Investments Plc has today announced that it has entered into a conditional contract for the acquisition of Standard Financial Group Limited, the parent company of Financial Limited.

19 Jan 2015

LGIM announces leadership overhaul

LGIM announces leadership overhaul

Legal & General Investment Management today announced a restructure of its leadership team, designed to drive future business growth while continuing to meet its clients’ evolving needs.

19 Jan 2015

Financial services firms report continued growth

Financial services firms report continued growth

The majority of financial services firms reported rising business volumes in the three months to December, according to the latest CBI/PwC Financial Services Survey.

19 Jan 2015

FSCS management levy drops 7%

FSCS management levy drops 7%

The Financial Services Compensation Scheme will have a 2015/16 management expenses levy limit of £74.4m.

19 Jan 2015

HSBC: Mortgage repayments hinder retirement savings

HSBC: Mortgage repayments hinder retirement savings

Almost half (41%) of UK workers stopped or reduced their retirement savings during the economic downturn, according to a new report by HSBC.

19 Jan 2015

TSB opens up to broker market

TSB opens up to broker market

From today, TSB mortgages will be available through mortgage brokers across Britain through TSB Intermediary - the next step in the Bank's growth strategy which aims to ‘shake up’ the broker market.

19 Jan 2015

Will housing shortage fuel 2015 price rises?

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Will housing shortage fuel 2015 price rises?

Rightmove's latest house price index revealed that more people are looking for property than last year, more sellers are putting their property up for sale, and new seller asking prices have increased this month by 1.4% (+£3,798) at a time of year when there are usually price falls.

19 Jan 2015

Paradigm announces adviser events

Paradigm announces adviser events

Paradigm Mortgage Services has today announced its timetable of events which are open to all directly authorised advisers as well as Paradigm member firms.

19 Jan 2015

 

Metro Bank unveils sub-2% fix

Metro Bank unveils sub-2% fix

From today, Metro Bank is reducing rates across its Residential and Buy to Let mortgage ranges.

19 Jan 2015

Key Retirement to launch pensions advice service

Key Retirement to launch pensions advice service

Leading over-55s financial provider Key Retirement is launching a new Retirement Options service to help savers understand their expanding range of choices ahead of the pension freedoms.

19 Jan 2015

Homemovers at seven year high

young ftb couple with boxes

Homemovers at seven year high

The number of homeowners increased by 8% in 2014, marking the largest annual increase in the number of homemovers since 2010 and the third successive rise.

17 Jan 2015

YBS announce 1.64% remortgage fix

YBS announce 1.64% remortgage fix

Yorkshire Building Society is reducing two-year and five-year fixed rate remortgage rates following a 30% increase to their remortgage webpage.

16 Jan 2015

In the Spotlight with Ian Wilson, head of sales at Halifax Intermediaries

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In the Spotlight with Ian Wilson, head of sales at Halifax Intermediaries

We spoke to Ian Wilson of Halifax Intermediaries about the Mortgage Credit Directive and fostering better lender-broker relationships.

16 Jan 2015

Barclays caps high-LTV loan-to-income ratios

Barclays caps high-LTV loan-to-income ratios

Barclays is capping loan applications of over 80% LTV at 4.5 times income.

16 Jan 2015

Coventry cuts resi and BTL rates

Coventry cuts resi and BTL rates

Coventry Intermediaries has announced further rate cuts for both Residential and BTL borrowers.

16 Jan 2015

Financial Ltd seeks investment after £120k loss

Financial Ltd seeks investment after £120k loss

Financial Limited's latest accounts have revealed post-tax losses of over £120,000 for the 2013/14 financial year - more than double the £48,900 recorded in 2013.

16 Jan 2015

Santander launches its lowest ever two-year fix

Santander launches its lowest ever two-year fix

Santander is today launching its lowest ever two-year fixed rate available to remortgagers, and substantially reducing rates on their Help to Buy range.

16 Jan 2015

CMC adds Fleet Mortgages to panel

CMC adds Fleet Mortgages to panel

Members of the Connect Mortgage Club's network can now access Fleet Mortgages’ range of mortgage deals via its exclusive agreement with Legal & General Mortgage Club.

16 Jan 2015

Skipton launches "hybrid-ready" platform

Skipton launches "hybrid-ready" platform

Skipton Building Society has signed a three-year contract with ANS Group, the managed and hybrid cloud service provider, making it one of the first financial services brands to be “hybrid-ready”.

16 Jan 2015

Leeds BS launch new ISA

Leeds BS launch new ISA

Leeds Building Society is adding to its portfolio of tax free savings products with a new 18 Month Fixed Rate Cash ISA paying a rate of 1.65% tax-free pa/AER.

16 Jan 2015

Virgin launches new savings products

Virgin launches new savings products

Virgin Money is today launching a new range of savings products, including fixed rate ISAs and bonds, in addition to a 100-day notice savings account option.

15 Jan 2015

Two thirds don't fear rate rise

Two thirds don't fear rate rise

Two thirds of Brits believe their household finances could cope with a rise in the mortgage base rate, according to a new survey.

15 Jan 2015

New secured loan broker launches

New secured loan broker launches

Loan.co.uk, established by former GE Money Home Loans director Paul McGerrigan, pledges to offer customers a simple, fair and flexible approach to borrowing.

15 Jan 2015

Saga and Tilney Bestinvest to launch over 50s financial planning service

Saga and Tilney Bestinvest to launch over 50s financial planning service

Saga plc and Tilney Bestinvest, the investment and financial planning group, are to launch ‘Saga Investment Services' in the second half of 2015.

15 Jan 2015

Halifax: London market resisting slowdown

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Halifax: London market resisting slowdown

The latest annual London Factor report from Halifax has shown a widening divide between the capital and the rest of the country.

15 Jan 2015

The Mansfield revamps mortgage range

The Mansfield revamps mortgage range

The Mansfield Building Society has introduced new products across the Buy to Let, Residential and Shared Ownership sectors, improved its fixed rate mortgages on a two year term basis across the three sectors, and launched new discounted rate products in the Residential sector.

15 Jan 2015

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