Latest News

Nationwide launches lowest 10 year fix on market

Nationwide launches lowest 10 year fix on market

Nationwide is today launching the lowest 10-year fixed rate mortgage on the market, at 2.89% for new customers and 2.79% for existing customers.

04 Mar 2015

RBS to cut 14,000 investment banking jobs

RBS to cut 14,000 investment banking jobs

RBS plans to cut up to 14,000 investment banking jobs by 2019, equating to 80% of roles in the unit, as part of a restructure following a profit loss of £3.5bn in 2014.

04 Mar 2015

Evolution Money to launch new products at FSE Glasgow

Evolution Money to launch new products at FSE Glasgow

The inaugural Financial Services Expo Glasgow, which takes place today in the heart of the city’s financial district, is the first time the FSE has been located north of the border and marks the increasing popularity and recognition within the Financial Services industry of the high-profile annual events.

04 Mar 2015

74% unaware of new ISA limit

74% unaware of new ISA limit

Research from Santander reveals that the majority of Britons are still unaware of the new higher annual ISA allowance.

04 Mar 2015

FCA given power to impose criminal sanctions on "reckless" bankers

FCA given power to impose criminal sanctions on "reckless" bankers

City Ministers have today announced that new tougher rules for Britain’s bankers will come into force on 7 March 2016.

03 Mar 2015

Industry reports increase in IP inquiries

Industry reports increase in IP inquiries

Protection portals iPipeline and IRESS' The Exchange reported a rise enquiries towards the end of 2014 following the launch of the Seven Families campaign.

03 Mar 2015

Brits pay too much tax on savings worth £85bn

Brits pay too much tax on savings worth £85bn

Too much tax is being paid on up to £85 billion of savings and investments, according to analysis of national statistics by financial services provider, NFU Mutual.

03 Mar 2015

Leeds BS relaunches Everyday ISA

Leeds BS relaunches Everyday ISA

Leeds Building Society is relaunching its Everyday ISA, offering savers a return of 1.25% tax-free pa/AER.

03 Mar 2015

Aegon pays 98% of life claims

Aegon pays 98% of life claims

Aegon UK has today published claims data which shows a total of £113m was paid in claims for life (including terminal illness), critical illness and income protection, helping more than 1,200 customers, families and businesses in 2014.

03 Mar 2015

LMS announces partnership with Metro Bank

LMS announces partnership with Metro Bank

LMS has today announced their latest partnership with Metro Bank, allowing Metro to offer all brokers and customers access to a fully vetted, open and secure panel of law firms.

03 Mar 2015

 

Halifax refreshes FTB and New Build rates

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Halifax refreshes FTB and New Build rates

Halifax has reduced product rates across first-time buyer and homemover rates by up to 0.2%, and increased maximum loan amounts across Affordable Housing and New Build ranges by up to 100%.

03 Mar 2015

MAB: Starter Home scheme will fail without 95% LTVs

MAB: Starter Home scheme will fail without 95% LTVs

Mortgage Advice Bureau's New Homes Director Andy Frankish has warned that there are still unanswered questions regarding the government's Starter Home scheme.

03 Mar 2015

Barclays profits fall 21% after £750m forex provision

Barclays profits fall 21% after £750m forex provision

Barclays' profits took a hit in 2014 following an additional £750m provision to cover its alleged involvement in the forex scandal.

03 Mar 2015

Guaranteed Drawdown market to be worth £48bn by 2023

Guaranteed Drawdown market to be worth £48bn by 2023

Guaranteed Drawdown is expected to see massive growth following the pension freedoms, with market forecasts indicating the sector will take a major share of new business growing to more than £48 billion by 2023 from around £1 billion in 2014.

03 Mar 2015

Pink brokers given free SMP membership

Latest News

Pink brokers given free SMP membership

Pink network has provided all of its advisers with free membership of Society of Mortgage Professionals.

03 Mar 2015

Fleet partners with L&G Mortgage Club

Fleet partners with L&G Mortgage Club

Fleet Mortgages, the new buy-to-let and specialist lender, has today announced that directly authorised members of Legal & General Mortgage Club will have now have full access to its product range.

02 Mar 2015

Lasting Powers of Attorney – certainty in uncertain times

Lasting Powers of Attorney – certainty in uncertain times

With the news that Buy to Let rates have fallen to their lowest ever levels and continuing low interest rates coupled with impending pension freedoms, this year may herald a surge in first time ‘grand-lords’.

02 Mar 2015

New challenger bank unveils savings accounts

New challenger bank unveils savings accounts

The UK’s newest bank, Charter Savings Bank has unveiled a portfolio of savings accounts designed to meet the needs of UK savers.

02 Mar 2015

Paradigm announces registration push at FSE Glasgow

Paradigm announces registration push at FSE Glasgow

Paradigm Mortgage Services has today announced it will be exhibiting at this week’s Financial Services Expo Glasgow event, undertaking a membership registration push for Scottish advisory firms.

02 Mar 2015

Skipton increases ISA rates

Skipton increases ISA rates

Skipton’s One Year Fixed Rate ISA will now be available at 1.45% with the 2 Year ISA on offer at 1.65% and the 3 Year ISA at 1.80%.

02 Mar 2015

P2P lender aims to set new standards of transparency

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P2P lender aims to set new standards of transparency

Landbay, the platform offering secured P2P lending backed by tenanted British homes, has announced it has set "new standards of transparency in a sector already known for openness".

02 Mar 2015

Mortgage Trust launches BTL in Scotland

Mortgage Trust launches BTL in Scotland

Mortgage Trust, by specialist buy-to-let lender Paragon, has made a range of products available for investors in the Private Rented Sector in Scotland for the first time since the financial crisis.

02 Mar 2015

James Chidgey to join MAB

James Chidgey to join MAB

Nationwide's new build senior manager James Chidgey will join Mortgage Advice Bureau following his departure from the Building Society later this month.

02 Mar 2015

BoE: mortgage approvals see second monthly rise

BoE: mortgage approvals see second monthly rise

The Bank of England's January Money and Credit data shows that the number of loan approvals for house purchase was 60,786 in January, compared to the average of 61,666 over the previous six months.

02 Mar 2015

LV= to launch new retirement proposition

LV= to launch new retirement proposition

LV= is launching an online retirement proposition designed to help advisers explain, select and recommend single or blended retirement solutions.

02 Mar 2015

Lloyds announces FTB rate cuts

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Lloyds announces FTB rate cuts

Lloyds Bank has today announced rate reductions across its FTB range.

02 Mar 2015

FTBs have "one month left" to get on property ladder

FTBs have "one month left" to get on property ladder

People planning to buy their first home have just months left to buy a house or risk missing out on the chance of getting on the property ladder for years to come, according to savings and ISA provider Scottish Friendly.

02 Mar 2015

Secured lending sees 28% rise

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Secured lending sees 28% rise

Secured lending increased from £609m for the twelve months to January 2014 to £779m for the year to January 2015 – a rise of almost 28%.

02 Mar 2015

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