Latest News

GE Money reduces rates by 0.6%

GE Money reduces rates by 0.6%

GE Money Home Lending has cut rates for new mortgage customers by 0.6% and is offering a completion fee free option on selected products across its GEM1 product range.

21 Jan 2015

Leeds BS simplifes gifted deposit policy

Leeds BS simplifes gifted deposit policy

Feedback from intermediaries has prompted Leeds Building Society to simplify its policy on gifted deposits for new build homes.

21 Jan 2015

Key Retirement appoints COO

Key Retirement appoints COO

Over-55s financial specialist KR Group, which trades as Key Retirement, has appointed Michael Schaefer as Chief Operating Officer.

21 Jan 2015

House deposits at 14 month high

House deposits at 14 month high

Average house purchase deposits reached a 14 month high in December, according to the National Mortgage Index from Mortgage Advice Bureau.

21 Jan 2015

Young people most realistic about retirement income

Young people most realistic about retirement income

The younger generation is more likely to actively save into a pension than their older counterparts, according to data from Friends Life.

21 Jan 2015

Six in ten plan to invest in 2015

Six in ten plan to invest in 2015

61% of people in the UK plan to invest in 2015, however a significant proportion won't make the most of the tax efficient options available to them.

21 Jan 2015

Prestige enhances lending criteria

Prestige enhances lending criteria

Prestige Finance today announced enhancements to its pricing and lending criteria for Prime, Near Prime and Large Loan Plans.

20 Jan 2015

Nationwide cuts high-LTV rates

Nationwide cuts high-LTV rates

From Wednesday 21 January, all of Nationwide’s 95% LTV Save to Buy fixed rates have been reduced by up to 0.35%, with rates starting at 4.44% for prospective buyers with a 5% deposit.

20 Jan 2015

Nationwide launches lowest 10 year fix on the market

Nationwide launches lowest 10 year fix on the market

From Wednesday 21 January, Nationwide is offering the lowest 10 year fixed rate mortgage currently on the market.

20 Jan 2015

LGIM’s pension fund breaks £1bn barrier

LGIM’s pension fund breaks £1bn barrier

Legal & General Investment Management has announced that its Diversified Fund has passed £1 billion in assets under management, with LGIM now managing a combined £2.4 billion across a range of Diversified strategies.

20 Jan 2015

 

P2P lender aims to rival pensioner bonds

P2P lender aims to rival pensioner bonds

P2P lender Landbay has today announced the launch of two products for "frustrated savers" of any age that they claim could be a better alternative to NS&I's pensioner bonds.

20 Jan 2015

Aviva could axe 1,500 jobs in Friends Life merger

Aviva could axe 1,500 jobs in Friends Life merger

Aviva has suggested plans to cut 1,500 roles by 2017 in the planned merger with Friends Life.

20 Jan 2015

Promise: brokers need FCA clarification

Promise: brokers need FCA clarification

Promise Solutions have said that mortgage brokers need more clarification from the FCA after it emerged they may no longer need to apply for additional permissions to offer second charge loans.

20 Jan 2015

Shawbrook appoints new lending manager

Shawbrook appoints new lending manager

Shawbrook Bank has appointed Paul O’Hara as a Lending Manager in its commercial mortgage and loan underwriting division.

20 Jan 2015

Half of financial services firms not mobile-friendly

shutterstock_156997538.jpg

Half of financial services firms not mobile-friendly

A recent survey conducted by Altus Consulting revealed that over 50% of financial service providers fail to operate effectively within the mobile arena, having failed the most basic Google Mobile-Friendly Test.

20 Jan 2015

FCA: savings market is failing consumers

FCA: savings market is failing consumers

The FCA has announced that consumers with cash savings need better information and easier switching, after a market study found competition in the £700bn cash savings market often does not work well for consumers, particularly those with long-standing accounts.

20 Jan 2015

Equity release sees largest ever lending figures

Equity release sees largest ever lending figures

The total value of equity release lending reached almost £1.4bn (£1.38bn) in 2014, according to the latest industry figures from the Equity Release Council.

20 Jan 2015

BIBA's regulation manifesto launches in Parliament

BIBA's regulation manifesto launches in Parliament

The British Insurance Brokers' Association has launched its 2015 Manifesto insuring Britain’s future at a reception in the Houses of Parliament to an audience of Ministers, MPs, Lords, senior Government officials, insurance brokers and media.

19 Jan 2015

Tavistock to buy Financial Ltd

Tavistock to buy Financial Ltd

Tavistock Investments Plc has today announced that it has entered into a conditional contract for the acquisition of Standard Financial Group Limited, the parent company of Financial Limited.

19 Jan 2015

LGIM announces leadership overhaul

LGIM announces leadership overhaul

Legal & General Investment Management today announced a restructure of its leadership team, designed to drive future business growth while continuing to meet its clients’ evolving needs.

19 Jan 2015

Financial services firms report continued growth

Financial services firms report continued growth

The majority of financial services firms reported rising business volumes in the three months to December, according to the latest CBI/PwC Financial Services Survey.

19 Jan 2015

FSCS management levy drops 7%

FSCS management levy drops 7%

The Financial Services Compensation Scheme will have a 2015/16 management expenses levy limit of £74.4m.

19 Jan 2015

HSBC: Mortgage repayments hinder retirement savings

HSBC: Mortgage repayments hinder retirement savings

Almost half (41%) of UK workers stopped or reduced their retirement savings during the economic downturn, according to a new report by HSBC.

19 Jan 2015

TSB opens up to broker market

TSB opens up to broker market

From today, TSB mortgages will be available through mortgage brokers across Britain through TSB Intermediary - the next step in the Bank's growth strategy which aims to ‘shake up’ the broker market.

19 Jan 2015

Will housing shortage fuel 2015 price rises?

Latest News

Will housing shortage fuel 2015 price rises?

Rightmove's latest house price index revealed that more people are looking for property than last year, more sellers are putting their property up for sale, and new seller asking prices have increased this month by 1.4% (+£3,798) at a time of year when there are usually price falls.

19 Jan 2015

Paradigm announces adviser events

Paradigm announces adviser events

Paradigm Mortgage Services has today announced its timetable of events which are open to all directly authorised advisers as well as Paradigm member firms.

19 Jan 2015

Metro Bank unveils sub-2% fix

Metro Bank unveils sub-2% fix

From today, Metro Bank is reducing rates across its Residential and Buy to Let mortgage ranges.

19 Jan 2015

Key Retirement to launch pensions advice service

Key Retirement to launch pensions advice service

Leading over-55s financial provider Key Retirement is launching a new Retirement Options service to help savers understand their expanding range of choices ahead of the pension freedoms.

19 Jan 2015

Latest Money Careers

Popular this week

Specialist Lending Roadshow 2017

20th - 28th September

4 days
7 specialists
4 locations
Free to attend

Click here to register now