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Is this our Kodak Moment?

Is this our Kodak Moment?

[SPECIAL FEATURE: Paul Yates, Development Director, Selectapension]

26 Nov 2014

Fleet Mortgages announces first product range

Fleet Mortgages announces first product range

Fleet Mortgages, the new buy-to-let and specialist lender, has today announced its first product range covering individual, limited company and houses in multiple occupation buy-to-let products. The launch of the product range is expected to be in December.

26 Nov 2014

MTF scoops NACFB Award

MTF scoops NACFB Award

Short term finance lender, MTF has been voted Short Term Lender of the Year at the annual NACFB Gala Dinner, held last Thursday at the Park Plaza, London.

26 Nov 2014

BM Solutions increases max LTV on all new build properties

BM Solutions increases max LTV on all new build properties

BM Solutions has increased the maximum loan to value on all new build properties from 65% to 75%.

26 Nov 2014

Coventry Intermediaries waives booking fee on BTL range

Coventry Intermediaries waives booking fee on BTL range

Coventry Intermediaries has announced that the usual booking fee of £250 will no longer be payable on any of their BTL mortgages for a limited period.

26 Nov 2014

CML: Lending for house purchase remains strong in Scotland

CML: Lending for house purchase remains strong in Scotland

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

26 Nov 2014

CML: London sees highest mortgage borrowing since 2007

CML: London sees highest mortgage borrowing since 2007

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

26 Nov 2014

CML: Northern Ireland sees highest home lending since 2007 in Q3

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CML: Northern Ireland sees highest home lending since 2007 in Q3

New CML data on the characteristics of lending in Northern Ireland in the third quarter of 2014 show the market has had significant growth in first-time buyer and home mover activity compared to the same period in 2013.

26 Nov 2014

CML: Welsh market shows strong FTB growth

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CML: Welsh market shows strong FTB growth

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

26 Nov 2014

Retirees using lump sums to pay off debts

Retirees using lump sums to pay off debts

MGM Advantage has published new research showing how retirees use pension lump sums to pay off debt, which indicates how pension cash unlocked following the new freedoms available from April 2015 could be used.

26 Nov 2014

 

Insurance guide launched for the 'sharing economy'

Insurance guide launched for the 'sharing economy'

The British Insurance Brokers’ Association and Beachcroft DAC have launched an insurance guide to the sharing economy which aims to help overcome the insurance barriers that sharing businesses and individuals have faced when sharing items or skills such as car journeys, renting properties or lending tools.

26 Nov 2014

Leeds BS changes criteria to permit s106 lending

Leeds BS changes criteria to permit s106 lending

Leeds Building Society is changing its lending criteria to benefit borrowers whose properties are subject to Section 106 Agreements.

26 Nov 2014

£32bn of mortgage debt for bereaved homeowners highlights protection gap

£32bn of mortgage debt for bereaved homeowners highlights protection gap

Bereaved British homeowners are struggling under the weight of huge mortgage debts after losing a key bill payer, a study from Legal & General Mortgage Club has warned.

25 Nov 2014

Nucleus launches bespoke annuity platform

Nucleus launches bespoke annuity platform

The shake-up of the retirement market has resulted in a number of providers turning away from annuities, but Nucleus, the leading adviser-influenced wrap, claims there is still a place for annuities and has launched a bespoke annuity portal onto its platform.

25 Nov 2014

Jerrold Holdings extends securitisation programme to £675m

Jerrold Holdings extends securitisation programme to £675m

Jerrold Holdings Limited, the secured lender to the residential and commercial property sectors, is pleased to announce that it has successfully extended its revolving Securitisation programme, while also increasing the facility size to £675 million from £435 million.

25 Nov 2014

West Brom to increase 2- and 5-year max loan size to £1m

West Brom to increase 2- and 5-year max loan size to £1m

Building society the West Brom has announced changes to its lending criteria, increasing maximum loan sizes from its current limit of £500,000.

25 Nov 2014

SAGA slams mortgage 'age discrimination'

Mortgages

SAGA slams mortgage 'age discrimination'

Following the report from the Intermediary Mortgage Lenders Association published yesterday that claims even those in their forties are having trouble getting a mortgage, Saga expert Paul Green has called the situation 'crazy'.

25 Nov 2014

FSE London 2014 - Phil Jeynes, Pru Health

FRTV

FSE London 2014 - Phil Jeynes, Pru Health

Phil Jeynes, Pru Health, spoke to Financial Reporter at the recent FSE London show about the effects of the Gender Directive and RDR on protection sales, the problems with simplified critical illness products, and tackling the mortality protection gap in the UK.

25 Nov 2014

Bank adviser numbers drop 11%

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Bank adviser numbers drop 11%

The number of advisers in bank and building society branches has continued to fall, recent FCA data shows.

25 Nov 2014

Mortgage market continues to cool: BBA

Mortgage market continues to cool: BBA

The slowdown in the mortgage market continues, with house purchase approvals 16% lower than in October last year, according to the latest figures from the BBA. There were also fewer approvals for remortgaging and equity release.

25 Nov 2014

Paragon reports 82% increase in BTL completions

Paragon reports 82% increase in BTL completions

Paragon Mortgages’ parent company, The Paragon Group of Companies, has today released its full-year results and revealed pre-tax profits of £122.2 million, an 18.1% increase on the previous year (2013: £103.5 million).

25 Nov 2014

Remortgage sees worst October in four years

Remortgage sees worst October in four years

The value of remortgage loans has dropped by a fifth to £3.5bn, the lowest amount since June 2013 and the worst October since 2010, according to the latest LMS Remortgage Report.

25 Nov 2014

True Potential sees 837% growth in five years

True Potential sees 837% growth in five years

True Potential has been ranked as the fastest growing financial and technology services company headquartered outside London.

24 Nov 2014

96% of brokers expect 'no change' from FCA regulations

96% of brokers expect 'no change' from FCA regulations

According to research by United Trust Bank, when asked what impact the new FCA regulations will have on their businesses an overwhelming 96% of brokers said it would have no change or just a slight change to their business levels.

24 Nov 2014

BSA: Diversity in UK financial services is declining

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BSA: Diversity in UK financial services is declining

The Building Societies Association has today published a report on diversity in financial services. The report demonstrates that despite initiatives by the government, the decline in the diversity of UK financial services is continuing.

24 Nov 2014

Santander unveils platform launch plans

Santander unveils platform launch plans

Santander UK is set to launch a direct-to-consumer platform in 2015, which will be aimed at both traditional ‘retail’ and high net worth clients.

24 Nov 2014

Brighton gazumping capital of Britain

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Brighton gazumping capital of Britain

Although our nation’s capital may be top of the pile where house prices are concerned, research by online estate agent eMoov.co.uk has found that it is in fact Brighton that leads the way as the gazumping capital of Britain.

24 Nov 2014

Mortgage firm launches 'large mortgage' advice service

Mortgage firm launches 'large mortgage' advice service

Mortgage and insurance firm Unusual Risks have launched a ‘large mortgage’ advice service called Unusual Mortgages, which it claims will beat the competition on fees.

24 Nov 2014

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