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In the Spotlight with Brad Fordham, Santander for Intermediaries

In the Spotlight with Brad Fordham, Santander for Intermediaries

We spoke to Brad Fordham, Managing Director at Santander for Intermediaries, about first-time buyers and what the Election means for the New Build market.

08 May 2015

Co-op Bank to sell £1.5bn of 'risky' mortgage assets

Co-op Bank to sell £1.5bn of 'risky' mortgage assets

The Co-operative Bank has sold part of Optimum residential mortgages portfolio in a bid to reduce its risk profile and build resilience.

08 May 2015

Brilliant Group launches lender software division

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Brilliant Group launches lender software division

Brilliant Group, which includes Brilliant Solutions, has announced launch of a new software business, iZone Software.

08 May 2015

Brilliant Solutions expands broker support

Brilliant Solutions expands broker support

Brilliant Solutions, the Mortgage Club and Specialist Mortgage packager, has today announced the expansion of its broker support team with two key appointments in its Sales and Commercial divisions, including the appointment of a new Head of Intermediary Sales.

08 May 2015

Halifax and BM Solutions celebrate #FRAwards win

Halifax and BM Solutions celebrate #FRAwards win

Halifax and BM Solutions have said that winning a Financial Reporter award is a "huge honour".

08 May 2015

Pensions minister Steve Webb loses parliamentary seat

Pensions minister Steve Webb loses parliamentary seat

Steve Webb, pensions minister and Liberal Democrat MP, has lost his parliamentary seat to Conservative Luke Hall.

08 May 2015

DeVere founder urges Cameron to "leave pensions alone"

DeVere founder urges Cameron to "leave pensions alone"

DeVere Group’s founder and chief executive, Nigel Green, has urged the Tories to be bolder with taxation policy and to leave pensions alone.

08 May 2015

Halifax: house price growth remains steady

Halifax: house price growth remains steady

House prices increased by 1.6% between March and April, according to the latest Halifax house price index.

08 May 2015

Pancredit launches loan book management solution with Equiniti

Pancredit launches loan book management solution with Equiniti

Following its acquisition in March 2014, Pancredit, a specialist lending software provider, has announced a corporate rebrand designed to embody the identity of its parent company Equiniti.

07 May 2015

The legal complexities of equity release

The legal complexities of equity release

For those advisers who are new to the equity release market, the potential legal complexities of individual cases can be mind-boggling.

07 May 2015

 

Natwest to cut resi rates and launch new BTL range

Natwest to cut resi rates and launch new BTL range

From tomorrow, NatWest Intermediary Solutions is making cuts to the rates on its lower LTV 5-year residential deals.

07 May 2015

Older people need specialist advice when buying a property

Older people need specialist advice when buying a property

One of the consequences of an ageing population is that inevitably there will be greater numbers of older people moving house and therefore looking to buy a property.

07 May 2015

Connect Mortgage Club appoints new Sales Director

Connect Mortgage Club appoints new Sales Director

Connect Mortgage Club has appointed Kevin Thomson as the Sales Director for the business.

07 May 2015

UK's affluent not prepared to pay advice rates

UK's affluent not prepared to pay advice rates

The average wealthy investor in the UK is willing to pay a maximum of £110 an hour for financial advice, firmly at the lower end of what financial advisers currently charge, a survey by Legg Mason has found.

07 May 2015

L&G Mortgage Club adds Ipswich BS to panel

L&G Mortgage Club adds Ipswich BS to panel

Legal & General Mortgage Club has added Ipswich Building Society to it’s lender panel in a deal announced today.

07 May 2015

Saffron launches sub-2% remortgage

Saffron launches sub-2% remortgage

Saffron For Intermediaries has launched a 1.95% 3-year discount mortgage with no arrangement fee, which is designed to appeal to borrowers wanting to remortgage.

07 May 2015

Advisers split over fee change predictions

Advisers split over fee change predictions

Advisers are divided on whether the cost of financial advice will rise or fall over the next five years, according to a new study conducted by Investec Wealth & Investment.

07 May 2015

National Australia Bank announces UK bank IPO

National Australia Bank announces UK bank IPO

National Australia Bank has announced plans to pursue an initial public offering of its UK banking business.

07 May 2015

April sees housing market boost despite election fears

April sees housing market boost despite election fears

April has seen strong housing market activity despite the looming General Election, according to the latest research from Connells Survey and Valuation.

07 May 2015

Twenty7Tec appoints former IRESS manager

Twenty7Tec appoints former IRESS manager

Twenty7Tec, provider of online mortgage and secured loan sourcing systems, has today announced the appointment of Derek Kilner, as the company’s new Product Manager for its MortgageSource platform.

06 May 2015

Al Rayan Bank announces £1.2m profit

Al Rayan Bank announces £1.2m profit

Al Rayan Bank, formerly known as Islamic Bank of Britain, has today announced its strongest financial performance to date, resulting in the bank more than doubling its operating income and posting its first profit since its inception in 2004.

06 May 2015

Nationwide lends over £1bn to Save to Buy customers

Nationwide lends over £1bn to Save to Buy customers

More than 8,000 homes have so far been purchased with Nationwide’s Save to Buy scheme, which marks its fourth anniversary today.

06 May 2015

FSE Manchester announces Shawbrook Bank Academy

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FSE Manchester announces Shawbrook Bank Academy

Financial Services Expo Manchester, the premier exhibition for the financial services industry in the North of England, has today announced the line-up for the Shawbrook Bank Academy which will host a number of seminars focused on the specialist lending market.

06 May 2015

The Election is a pivotal moment for our industry

The Election is a pivotal moment for our industry

As I write this we are but a day away from the General Election vote itself and, ideally, three days away from a result.

06 May 2015

L&G annuity sales drop 60%

L&G annuity sales drop 60%

Legal and General's individual annuity sales have dropped 60% in Q1 as a result of the pension freedoms.

06 May 2015

Prudential trebles income drawdown sales in Q1

Prudential trebles income drawdown sales in Q1

Prudential's income drawdown sales nearly trebled to £14 million in Q1, while individual pensions sales increased by 125% to £27 million, both driven by the expanding market for flexible retirement income and pension products following the reforms.

06 May 2015

First Complete completions up 22%

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First Complete completions up 22%

First Complete's mortgage completions for Q1 rose 22% on the same quarter last year, despite CML reports that mortgage completions across the market dropped by 3% in Q1.

06 May 2015

Access 4 Finance appoints Underwriting Manager

Access 4 Finance appoints Underwriting Manager

Second charge loan broker Access 4 Finance have today announced that former Brilliant Solutions Head of Secured Loans, Peter Wilkins, has joined the Rotherham-based firm in the newly-created position of Underwriting Manager.

06 May 2015

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