Latest News

Simon Stern joins Fluent Money

Simon Stern joins Fluent Money

Bolton-based Fluent Money has appointed Simon Stern to its team as a non-executive director.

13 Apr 2015

GE Money Home Lending to be sold

GE Money Home Lending to be sold

GE Capital has put its specialist lending subsidiary, GE Money Home Lending, up for sale as part of a plan to offload its capital assets.

13 Apr 2015

Tesco Bank slashes mortgage rates

Tesco Bank slashes mortgage rates

Tesco Bank has cut a number of its mortgage rates, including its 2, 3 year and 5 year fixed rate and 2 year tracker mortgages - making them some of its lowest ever rates, after making cuts of up to 0.8 percentage points.

13 Apr 2015

Mortgage rates drop by up to 30% in six months

Mortgage rates drop by up to 30% in six months

Figures released today from Mortgage Brain’s quarterly product data analysis show a widespread drop in mortgage rates for all main product types over the past six months.

13 Apr 2015

Peter Brodnicki: Specialisation is the way forward

Peter Brodnicki: Specialisation is the way forward

When I look at the most successful businesses operating under MAB, a vast majority of the highest performing ones have built tiers of specialisation to ensure a far more consistent customer experience, which not unsurprisingly leads to higher adviser productivity.

13 Apr 2015

Equity release IFA pulls out of takeover deal

Equity release IFA pulls out of takeover deal

A takeover deal between equity release specialist Bower Retirement Services and IFA Sixty Plus has been dropped after the advice firm decided to pull out.

13 Apr 2015

The General Election is putting first-time buyers into the spotlight

Richard Sexton - esurv

The General Election is putting first-time buyers into the spotlight

First-time buyers represent a larger slab of the electorate than ever before. And the housing crisis – one of the most emotionally charged subjects in the media – is one their most pertinent and pressing concerns.

13 Apr 2015

Bellpenny acquires £31m FUM adviser

Bellpenny acquires £31m FUM adviser

National wealth manager Bellpenny announced today that it has acquired Winchester-based City Wealth Management Independent Financial Advisers Ltd.

13 Apr 2015

PMS launches with Newcastle Building Society Intermediary Services

PMS launches with Newcastle Building Society Intermediary Services

Members of PMS now have access to Newcastle Building Society Intermediary Services’ range of products.

13 Apr 2015

New product launches to measure UK bridging trends

New product launches to measure UK bridging trends

Representatives from the bridging finance industry have come together and launched a new report highlighting the latest trends shaping the UK’s bridging finance market.

13 Apr 2015

 

'Are we going to abandon mortgage prisoners?', asks Dudley chief exec

'Are we going to abandon mortgage prisoners?', asks Dudley chief exec

Dudley Building Society’s Chief Executive, Jeremy Wood, believes that the loss of the FCA’s transitional rules for the treatment of ‘mortgage prisoners’, due to European insistence, is another example of compliance rules working against rather than for the best interests of customers.

13 Apr 2015

In The Spotlight with Nicola Mooney, The Lending Wizard

In The Spotlight with Nicola Mooney, The Lending Wizard

We spoke to Nicola Mooney, Operations Manager for sales and processing at Freedom Finance, about her new role, the importance of online portals, and regulatory changes in the market.

10 Apr 2015

HLP adds Marsden BS to its lender panel

HLP adds Marsden BS to its lender panel

HomeLoan Partnership will now have immediate access to Marsden Building Society’s exclusive range of mortgage products.

10 Apr 2015

Zopa returns £50m in interest to consumers

Zopa returns £50m in interest to consumers

Peer-to-peer lending platform Zopa has today announced it has returned a total of over £50m in interest to UK consumers since launch, in the same week it also passes £800m in total lifetime lending.

10 Apr 2015

Slowdown in house building causes FTB concern

Slowdown in house building causes FTB concern

In February 2015, private house building decreased by 1.6% compared with January 2015, according to the ONS.

10 Apr 2015

Ipswich BS launches Retirement Mortgage Programme

shutterstock_128908430.jpg

Ipswich BS launches Retirement Mortgage Programme

Ipswich Building Society has launched its Retirement Mortgage Programme, offering all of its mortgage products to those in retirement as well as to borrowers aged up to 85 years old at the time of their mortgage term ending.

10 Apr 2015

Just 1% of retirees will spend their pension on luxuries

Just 1% of retirees will spend their pension on luxuries

Fears of luxury spending by pensioners able to access their pension pots for the first time this week appear to be unfounded, with just 1% of 50-75 year olds saying they will use the entirety of their pot to “treat themselves”, according to a PwC-commissioned poll of 1,200 UK adults.

10 Apr 2015

TISA publishes new ISA guidelines

TISA publishes new ISA guidelines

TISA, in conjunction with the British Bankers Association and the British Societies Association, has published a set of guidelines to help individuals understand the new rules, which came into effect on 6 April 2015, granting people additional ISA allowances following the death of a spouse or civil partner.

10 Apr 2015

Voting closes today for the #FRAwards - don't miss your chance to vote!

Voting closes today for the #FRAwards - don't miss your chance to vote!

You have until midnight today to cast your votes in this year's Financial Reporter Industry Awards.

10 Apr 2015

YBS launches sub-2% three-year fix

YBS launches sub-2% three-year fix

Yorkshire Building Society has today launched a three-year fixed rate at 1.99% with a £345 product fee and £500 cashback on completion.

10 Apr 2015

Friends Life: pay-outs for CI claims top life claims for first time

Friends Life: pay-outs for CI claims top life claims for first time

Friends Life has revealed that for the first time it paid out more in critical illness claims than for life insurance. In 2014 it paid £122 million in critical illness claims – £1 million more than for life claims.

09 Apr 2015

BoE holds Bank Rate at 0.5%

iStock_000009992808Large.jpg

BoE holds Bank Rate at 0.5%

The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%.

09 Apr 2015

Leeds launches new ten-year fix

Leeds launches new ten-year fix

Leeds Building Society have today launched a new ten-year fixed rate mortgage with a rate of 3.64%.

09 Apr 2015

YBS unveils mortgage underwriting scheme

YBS unveils mortgage underwriting scheme

Yorkshire Building Society Group has pledged to develop a new scheme to train more mortgage underwriters over the next five years.

09 Apr 2015

Fleet completes £145m in Q1

Fleet completes £145m in Q1

Fleet Mortgages, the new buy-to-let and specialist lender, has today revealed that in the first three months of 2015 it had £145 million worth of buy-to-let business put through its system by intermediaries, with an average loan size across all types of products of £245k.

09 Apr 2015

UTB appoints specialist mortgages director

UTB appoints specialist mortgages director

United Trust Bank has today announced the appointment of Robert Owen to the new role of Specialist Mortgages Director.

09 Apr 2015

Precise refreshes entire second charge range

Precise refreshes entire second charge range

Precise Mortgages has today refreshed its entire second charge loans product range.

09 Apr 2015

Secured lending sees 35.8% monthly annual increase

Secured lending sees 35.8% monthly annual increase

The latest Secured Loan Index from Loans Warehouse shows that monthly lending in February reached £64,375,673 - an increase of 10.5% on the previous month, and the 40th consecutive monthly year on year increase.

09 Apr 2015

Latest Money Careers

Popular this week

Specialist Lending Roadshow 2018

24.01.18 - 01.02.18

4 days
7 specialists
4 locations
Free to attend

Click here to register now