Latest News

Partnership holds forums ahead of pension reform

Retirement

Partnership holds forums ahead of pension reform

With the introduction of the Pension Reforms due to take place within eight months, Partnership is holding forums across the UK to help provide advisers with the support and information they need to advise their clients.

28 Aug 2014

FLS lending falls in Q2, BOE data shows

Latest News

FLS lending falls in Q2, BOE data shows

​The Bank of England has today published data on the use of the Funding for Lending Scheme showing that lending via the scheme has fallen in Q2.

28 Aug 2014

Deutsche Bank fined £4.7m for reporting failures

Latest News

Deutsche Bank fined £4.7m for reporting failures

Banking giant Deutsche Bank has been fined £4.7m by the FCA for failing to property report transactions.

28 Aug 2014

Social media charter for financial services firms launched

Latest News

Social media charter for financial services firms launched

A charter for financial services firms using social media has launched shortly after the FCA published guidelines on how to communicate on social media platforms.

28 Aug 2014

Conveyancers welcome Chinese delegation

Conveyancers welcome Chinese delegation

Total Conveyancing Services welcomed a delegation of 23 law students and their professor from CNOOC (China National Offshore Oil Corporation), one of China’s largest companies, to its offices on Tuesday this week.

28 Aug 2014

Target secures deal with specialist broker packager

Target secures deal with specialist broker packager

Target bluechip, the loan and mortgage broker software provider, has won a contract to supply its broker management system to Chaseblue Loans, specialist broker packagers of second charge, bridging and commercial finance.

28 Aug 2014

Fluent Money appoints Quality & Risk director

Fluent Money appoints Quality & Risk director

The UK’s leading secured loan broker, Fluent Money, has strengthened its senior team with the promotion of Nuala Wheeldon to Quality & Risk director.

28 Aug 2014

Metro Bank puts aside £100m for NACFB brokers

Metro Bank puts aside £100m for NACFB brokers

Metro Bank has announced that it is putting aside £100m of facilities lending for members of the National Association of Commercial Finance Brokers.

27 Aug 2014

FTBs up a third in Wales: CML

Mortgages

FTBs up a third in Wales: CML

New CML data on the characteristics of lending in Wales in Q2 2014 show it remains driven primarily by lending for house purchase, with first-time buyers in particular showing strong year-on-year growth.

27 Aug 2014

Scotland sees 7-year high in FTB numbers in Q2: CML

Mortgages

Scotland sees 7-year high in FTB numbers in Q2: CML

New CML data on the characteristics of lending in Scotland in Q2 2014 show it remains driven primarily by lending for house purchase, with remortgage activity showing year-on-year decline.

27 Aug 2014

 

'Significant' lending activity in NI: CML

Mortgages

'Significant' lending activity in NI: CML

New CML data on the characteristics of lending in Northern Ireland in Q2 2014 show the market is has had significant house purchase and remortgage activity growth compared to Q1 and the same period last year.

27 Aug 2014

Home lending in London rose despite MMR: CML

Mortgages

Home lending in London rose despite MMR: CML

New CML data on the characteristics of lending in Greater London in the second quarter of 2014 show the market grew in both house purchase and remortgage activity compared to the previous quarter and the same period last year.

27 Aug 2014

OneSavings Bank sees profits jump

Latest News

OneSavings Bank sees profits jump

OneSavingsBank has reported a £29.7m pre-tax profit for the first half of 2014, more than four times higher than the previous year’s £7.3m.

27 Aug 2014

Longer-term fixes increase in popularity in Q2

Mortgages

Longer-term fixes increase in popularity in Q2

In the second quarter there was a 4% reduction in the number of tracker products being processed by intermediaries, which is a second successive fall in numbers for this interest rate type.

27 Aug 2014

Supply of properties for sale up 11%, says NAEA

Mortgages

Supply of properties for sale up 11%, says NAEA

The average number of properties available for sale per branch is up by 11% on the previous month, the greatest percentage increase in almost three years, according to the NAEA.

27 Aug 2014

RBS & NatWest fined £14.5m for mortgage advice failings

Mortgages

RBS & NatWest fined £14.5m for mortgage advice failings

The Financial Conduct Authority has today fined The Royal Bank of Scotland and NatWest £14,474,600 for serious failings in their advised mortgage sales business.

27 Aug 2014

Apprentice scheme continues to shine for Complete FS

Latest News

Apprentice scheme continues to shine for Complete FS

Complete FS, the national packager celebrating its 21st birthday this year, has announced the appointment of its second apprentice in a scheme started with great success in 2013.

26 Aug 2014

Life insurance review needed as 'unnecessary' IHT bills total £126m

Life insurance review needed as 'unnecessary' IHT bills total £126m

An urgent review of life insurance policies is being called for after the figures from HM Revenue & Customs revealed bereaved families are being hit with unnecessary Inheritance Tax bills totalling up to £216 million.

26 Aug 2014

40% of sales fail to reach completion, research suggests

Legal

40% of sales fail to reach completion, research suggests

Property search agent The Buying Agents has claimed that as many as 40% of properties are currently failing to make it through to the point of completion as a result of significant issues with the existing conveyancing process.

26 Aug 2014

Clydesdale & Yorkshire Banks announce new mortgage range

Mortgages

Clydesdale & Yorkshire Banks announce new mortgage range

Clydesdale and Yorkshire Banks have announced the launch of a new range of mortgages.

26 Aug 2014

West Brom enhances two- and five-year fixes

Mortgages

West Brom enhances two- and five-year fixes

The West Brom is enhancing its range of two and five year fixed rate mortgages with new product launches and reductions of up to 0.20% to existing rates (effective from 27 August).

26 Aug 2014

Personal Finance Society continue to see post-RDR membership growth

Latest News

Personal Finance Society continue to see post-RDR membership growth

The Personal Finance Society has announced record growth in membership levels, to more than 35,000 - up by almost 1,000 individuals in the last 12 months.

26 Aug 2014

Owning a home now £1,300 cheaper a year than renting

Mortgages

Owning a home now £1,300 cheaper a year than renting

The cost of a first-time buyer owning a home in the UK is now on average £110 per month lower than renting or £1,316 per year (14%), according to research by Halifax.

26 Aug 2014

P2P lending platform launches with £20m target

P2P lending platform launches with £20m target

CrowdProperty today announced its launch with a target of £20million funds to be raised from private individuals in its first financial year.

26 Aug 2014

Laleta Buctkuar, Divisional Sales Manager (North) at Blemain Group

In The Spotlight

Laleta Buctkuar, Divisional Sales Manager (North) at Blemain Group

In our Spotlight this week is Laleta Buctkuar, Divisional Sales Manager (North) at Blemain Group, which is celebrating its 40th birthday this year.

22 Aug 2014

Saffron appoints new BDM

Features

Saffron appoints new BDM

Saffron Building Society has appointed Nirver Randhawa as a Business Development Manager, to further strengthen the Society’s presence in the intermediary mortgage market.

22 Aug 2014

How new pension rules will affect equity release

How new pension rules will affect equity release

[Blog from Chris Prior, Manager, Sales and Distribution at Bridgewater Equity Release]

22 Aug 2014

Encouraging advisers to grow their propositions with later life knowledge

Blogs

Encouraging advisers to grow their propositions with later life knowledge

[Blog from Stuart Wilson,Managing Partner - Later Life Academy & Equity Release Club]

22 Aug 2014

Latest Money Careers

Popular this week