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Pension change confusion puts SMEs at risk

Pension change confusion puts SMEs at risk

A survey by the chartered accountancy firm, HW Fisher & Company, has found that an overwhelming majority of Britons have little or no grasp of the slew of pension changes announced this year – prompting it to warn that people’s confusion could make them easy prey for pension scammers.

29 Oct 2014

FCA fines Yorkshire Building Society £4.1m

FCA fines Yorkshire Building Society £4.1m

Yorkshire Building Society has today been fined £4,135,600 for failings when dealing with its mortgage customers experiencing payment difficulties.

29 Oct 2014

BoE: momentum in housing market continues to slow

BoE: momentum in housing market continues to slow

According to the latest Money & Credit report from the Bank of England, September saw both house purchase approvals and lending below the monthly average.

29 Oct 2014

Half a million to pay mortgage with pension funds

Half a million to pay mortgage with pension funds

More than half a million 40 to 70 year olds in England intend to use part or all of their pension to repay their mortgage balance reveals new research from specialist insurer, Partnership.

29 Oct 2014

Smart Money expands team

Smart Money expands team

Smart Money, the second charge specialist packager, has bolstered its internal sales team with the addition of Katy Leman to its underwriting department.

29 Oct 2014

Auto-enrolment uncertainty 'is opportunity for advisers'

Auto-enrolment uncertainty 'is opportunity for advisers'

The ongoing introduction of workplace pensions auto-enrolment is triggering reviews of wider employee benefits – but employers are confused about how to go ahead, research for MetLife Employee Benefits shows.

29 Oct 2014

Leeds BS launches range of contractor mortgages

Leeds BS launches range of contractor mortgages

A new range of mortgages for professional contractors is being launched by Leeds Building Society.

29 Oct 2014

Lender makes return to secured market

Lender makes return to secured market

According to the Secured Loans Index from Loans Warehouse, gross lending for September 2014 hit £58,270,247 - and Paragon Personal Finance makes a return to the market with a new secured loan range.

29 Oct 2014

Nationwide offer new 10 year fix

Nationwide offer new 10 year fix

As uncertainty continues around the effects and timing of a potential bank base rate rise, Nationwide Building Society is to offer 10 year fixed rate mortgages for customers who want longer term certainty over the amount of their monthly payments.

28 Oct 2014

Brilliant Solutions expands Panel

Brilliant Solutions expands Panel

The Melton Mowbray Building Society and their subsidiary MBS Lending have been appointed to the Brilliant Mortgage Club lender panel, part of Brilliant Solutions, the Specialist Lending distributor.

28 Oct 2014

 

Sesame adds Aldermore to bridging panel

Sesame adds Aldermore to bridging panel

Sesame Bankhall Group has announced that appointed representatives of Sesame network and members of PMS mortgage club now have access to Aldermore Bank’s range of bridging loan products.

28 Oct 2014

BTL lenders continue to cut fees

BTL lenders continue to cut fees

Buy-to-let lenders are offering more products and longer-term fixed rates according to the latest Buy to Let Mortgage Costs Index from Mortgages for Business.

28 Oct 2014

Strong demand for STLs and HMOs in England’s North West

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Strong demand for STLs and HMOs in England’s North West

[Lee Albino, Regional Development Manager for the North West and Scotland, Shawbrook Bank]

28 Oct 2014

Foreign buyers boost Spanish property market

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Foreign buyers boost Spanish property market

Good news from Spain, where the number of homes sold has increased by 12.1 per cent in the second quarter of this year compared with 2013, boosted by the increasing number of foreign buyers.

28 Oct 2014

Bath Building Society appoints new chairman

Bath Building Society appoints new chairman

Bath Building Society’s Board has appointed Robert Derry-Evans to succeed Chris Moorsom as Chairman with effect from 1st January 2015.

28 Oct 2014

200,000 to cash in DC pensions under reforms

200,000 to cash in DC pensions under reforms

Research carried out by Ipsos Mori on behalf of Hargreaves Lansdown suggests around 200,000 savers plan to cash in their defined contribution pension pot next year.

28 Oct 2014

Aldermore expands finance team

Aldermore expands finance team

Lee Ford has joined Aldermore’s invoice finance team as Regional Sales Manager for South Wales.

28 Oct 2014

FCA increases support for financial services businesses

FCA increases support for financial services businesses

The Financial Conduct Authority’s Innovation Hub, part of Project Innovate, is now open and offering support to innovators.

28 Oct 2014

London properties still hitting asking price despite cooling demand

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London properties still hitting asking price despite cooling demand

The latest sale figures from online estate agent eMoov.co.uk have indicated that London selling prices are still achieving 99% of asking price, despite belief that property sellers are starting to accept prices under the asking price.

28 Oct 2014

HPI shows annual growth of 7.2%

HPI shows annual growth of 7.2%

The September data from the Land Registry's House Price Index shows an average house price in England & Wales of £177,299, compared with a peak of £181,324 in November 2007.

28 Oct 2014

Metro Bank reduces rates on five year fixes

Metro Bank reduces rates on five year fixes

From today, Metro Bank is reducing rates on its residential 5 year fixed rate mortgages by up to 20bps.

28 Oct 2014

TMW widens first-time landlord range

TMW widens first-time landlord range

From today, first-time landlords will be able to choose from products previously only available to Experienced Landlords.

28 Oct 2014

Sippcentre announces rebrand to ‘AJ Bell Investcentre’

Sippcentre announces rebrand to ‘AJ Bell Investcentre’

Sippcentre, the adviser-led investment platform from AJ Bell, has announced that its name officially changed to ‘AJ Bell Investcentre’ on 25 October.

27 Oct 2014

Sensible Home Finance win two Pink awards

Sensible Home Finance win two Pink awards

On Thursday 16 October 2014, Pink held it’s 12th Annual 'Pink Service Awards' Ceremony at Heythrop Park, Oxfordshire.

27 Oct 2014

Monmouthshire BS appoints new chairman

Monmouthshire BS appoints new chairman

Monmouthshire Building Society has today announced that Haydn Warman is to succeed Robert Williams as Chairman.

27 Oct 2014

Wonga letters reveal £15bn estimated company value

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Wonga letters reveal £15bn estimated company value

Payday loans company Wonga informed staff that the firm could be valued at £15bn by 2015 once it had floated on the stock exchange.

27 Oct 2014

Blacks Connect added to Precise Mortgages’ solicitor panel

Blacks Connect added to Precise Mortgages’ solicitor panel

Broker-focused conveyancer, Blacks Connect, has today been added to the solicitor panel of specialist mortgage lender, Precise Mortgages.

27 Oct 2014

Two-fifths have never reviewed retirement plans

Two-fifths have never reviewed retirement plans

Just under two thirds (64%) of non-retired people – the equivalent of 23 million people – admit to not reviewing their pension plans at all over the past four years, according to the latest annual consumer research by Baring Asset Management.

27 Oct 2014

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