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Nationwide's James Chidgey to leave after 29 years

Nationwide's James Chidgey to leave after 29 years

Nationwide has announced that James Chidgey, Senior Manager, New Build, will leave at the end of March.

23 Oct 2014

Skipton unveils new LTV bands across fixed range

Skipton unveils new LTV bands across fixed range

From today Skipton is launching a refreshed range of fixed rate products designed to give homebuyers even more choice.

23 Oct 2014

BBA: mortgage lending up 15%

BBA: mortgage lending up 15%

Statistics released by the BBA have shown that housing market activity appears to be moderating.

23 Oct 2014

Lloyds to cut 9,000 jobs and 200 branches

Latest News

Lloyds to cut 9,000 jobs and 200 branches

Lloyds Banking Group has confirmed 9,000 job losses and 200 branch closures in the next three years.

23 Oct 2014

N&P launches 2.94% five year fix

N&P launches 2.94% five year fix

Norwich & Peterborough Building Society is helping home owners by launching a five-year fixed rate mortgage with a competitive rate of 2.94%.

23 Oct 2014

Advisers call for increased innovation on guarantees

Advisers call for increased innovation on guarantees

Advisers believe providers should focus on new ways of delivering guarantees on retirement income and capital in the run-up to retirement ahead of the introduction of pensions flexibility in April 2015, research for MetLife shows.

23 Oct 2014

45% tax charge shock for 2015 pensioners

45% tax charge shock for 2015 pensioners

Even small withdrawals from pensions next April could trigger the highest rate of income tax, according to analysis of draft guidance from HM Revenue & Customs by financial services provider, NFU Mutual.

23 Oct 2014

StepChange Financial Solutions partners with Magellan

StepChange Financial Solutions partners with Magellan

StepChange Financial Solutions, part of the UK’s leading debt charity, has been appointed by Magellan Homeloans to advise clients about its specialist range of credit repair mortgages.

23 Oct 2014

Islamic Bank of Britain changes name to Al Rayan Bank

Islamic Bank of Britain changes name to Al Rayan Bank

Islamic Bank of Britain plc, the UK’s only wholly Sharia compliant retail bank, today announced that, subject to formal shareholder approval, it plans to change its name to Al Rayan Bank PLC.

23 Oct 2014

Prime London house prices reach plateau

Prime London house prices reach plateau

Prime London house prices will remain stable until the end of the year, according to estate agent Marsh & Parsons’ latest London Property Monitor.

23 Oct 2014

 

FCA supervision increases broker confidence in secured loans market

FCA supervision increases broker confidence in secured loans market

According to data from loan sourcing tool The Lending Wizard, intermediaries and brokers have become far more willing to offer secure loans to their clients as an alternative to remortgages since the Financial Conduct Authority took over regulatory responsibility for the consumer credit industry.

23 Oct 2014

CML: Remortgage lending sees highest monthly total in year

CML: Remortgage lending sees highest monthly total in year

Latest figures from LMS reveal that monthly gross remortgage lending saw an increase of 19% in September to £4.4bn, up from the £3.7bn in August reported by the Council for Mortgage Lenders.

23 Oct 2014

TSB confirms launch into broker market

TSB confirms launch into broker market

TSB will begin distribution through brokers, starting with London & Country in December, it confirmed today.

22 Oct 2014

LGIM to implement PiRho's new management service

LGIM to implement PiRho's new management service

Legal & General Investment Management is delighted to announce its appointment by PiRho Investment Consulting to act as one of three managers selected to implement its new fiduciary management service.

22 Oct 2014

Nationwide offers its lowest ever fixed rate mortgage

Nationwide offers its lowest ever fixed rate mortgage

From Thursday 23 October, Nationwide is offering the lowest ever fixed rate mortgage in its history.

22 Oct 2014

Metro Bank see loan increase of 146%

Metro Bank see loan increase of 146%

Metro Bank has today announed its quarter three financial statement to 30 September 2014.

22 Oct 2014

Mortgage holders expect financial gains despite rate rise

Mortgage holders expect financial gains despite rate rise

New data published today in CML News & Views shows that some 60% of mortgage holders anticipate that they will be in the same financial position or better in three years' time - even though the majority expect interest rates to rise.

22 Oct 2014

Hinckley & Rugby cut rates and launch new mortgage

Hinckley & Rugby cut rates and launch new mortgage

Hinckley & Rugby Building Society, which lends throughout England & Wales, has today cut the interest rates on a pair of two year discount mortgages and launched a new lifetime discount which charges 2.19 per cent.

22 Oct 2014

Payday lenders urged to signpost debt advice

Payday lenders urged to signpost debt advice

Payday lenders should seize the opportunity to point people they have turned down for a loan towards debt advice, says Citizens Advice.

22 Oct 2014

Men's retirement income 68% higher, but women expect less

Retirement

Men's retirement income 68% higher, but women expect less

New research from MGM Advantage, the retirement income specialist, reveals alarming disparities between the retirement finances of men and women.

22 Oct 2014

RBS escapes £90m whistleblowing fine

RBS escapes £90m whistleblowing fine

The Royal Bank of Scotland has avoided a total €115m (£90.7m) in fines for alerting the European commission’s competition watchdog to two attempts to fix interest rates.

22 Oct 2014

FCA launches new tool to tackle investment fraud

FCA launches new tool to tackle investment fraud

The FCA has launched its new website 'www.fca.org.uk/scamsmart' to help people spot investment fraud.

22 Oct 2014

BoE remains divided on bank rate rises

BoE remains divided on bank rate rises

Minutes of the Bank of England's Monetary Policy Committee Meeting held on 7 and 8 October have been released today, in which the committee concluded that the base rate should be maintained at 0.5%

22 Oct 2014

Mortgage Intelligence launch exclusive 85% Fixed with Leeds BS

Mortgage Intelligence launch exclusive 85% Fixed with Leeds BS

Mortgage Intelligence Holdings have launched a competitive exclusive 3.79% 5-year fixed mortgage product, available up to 85% LTV with Leeds Building Society.

22 Oct 2014

43% still concerned despite rate rise pressure easing

43% still concerned despite rate rise pressure easing

The chances of an imminent interest rate hike may have receded, but Halifax has found many borrowers remain concerned about the impact a rise could have on their monthly mortgage repayments over the next 12 months.

22 Oct 2014

Adult children cost parents £3.2 billion a year

Adult children cost parents £3.2 billion a year

Parents with adult children living under their roof are spending £1,200 more than their Empty Nester counterparts each year on every day household expenditure, bringing the total annual cost of ‘Full Nest Syndrome’ in the UK to £3.2 billion, according to 'Meet the Full Nesters', a new report published today by Scottish Widows.

22 Oct 2014

Pink members see 223% income rise

Pink members see 223% income rise

The Pink annual conference which has just taken place revealed that Pink members are earning an average of 223% more than they were four years ago.

22 Oct 2014

Mortgage Brain launches online sourcing system

Mortgage Brain launches online sourcing system

Mortgage Brain has today announced the launch of MortgageBrain Anywhere, its online mortgage sourcing system.

21 Oct 2014

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