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Joanne Edwards, Head of Sales, Nemo Personal Finance

Joanne Edwards, Head of Sales, Nemo Personal Finance

We spoke to Joanne Edwards, Head of Sales at Nemo Personal Finance, about the future of secured lending regulation and whether consumer service has suffered with the rising popularity of secured lending,

21 Nov 2014

FCA's warning on capacity for loss highlights drawdown divide

FCA's warning on capacity for loss highlights drawdown divide

Professional advisers are being scrutinised about how much downside they are allowing retiring clients to take at the same time as those foregoing advice are being given total freedom to bet more than they can afford to lose, says Just Retirement.

21 Nov 2014

The pensions guidance minefield

The pensions guidance minefield

Being out on the road a lot visiting brokers you not only get to see a lot of the country but you also get to listen to a lot of radio.

21 Nov 2014

Osborne abandons banker bonus challenge

Osborne abandons banker bonus challenge

Chancellor George Osborne has abandoned the UK’s legal challenge to the EU cap on bankers’ bonuses after the appeal was rejected yesterday.

21 Nov 2014

Broker Conveyancing adds new firm to panel

Broker Conveyancing adds new firm to panel

Broker Conveyancing, the broker-focused conveyancing distributor, has today added Advantage Property Lawyers to its conveyancing firm panel.

21 Nov 2014

Property transactions dip 4.3% in October

Property transactions dip 4.3% in October

According to the latest figures released by HMRC, property transactions were down 4.3% in October on September figures.

21 Nov 2014

Charles Haresnape of Aldermore re-elected to IMLA chair

Charles Haresnape of Aldermore re-elected to IMLA chair

The Intermediary Mortgage Lenders Association has confirmed the re-election of Charles Haresnape as its Chairman following a vote by members of its Executive Committee.

21 Nov 2014

Metro Bank cuts rates on 2-year range

Metro Bank cuts rates on 2-year range

From 21 November 2014, Metro Bank is reducing rates on its residential 2 year fixed rate and tracker mortgages.

21 Nov 2014

NatWest reduces 2, 3, and 5-year fixed rates

Mortgages

NatWest reduces 2, 3, and 5-year fixed rates

NatWest Intermediary Solutions will be introducing rate reductions to the majority of its core intermediary range tomorrow.

20 Nov 2014

Tesco Bank cut rates across mortgage range

Tesco Bank cut rates across mortgage range

Tesco Bank is to help more customers buy their own home by further cutting the interest rate on a number of their mortgages.

20 Nov 2014

 

Fleet becomes NACFB patron

Mortgages

Fleet becomes NACFB patron

Fleet Mortgages has today announced it has become a full Patron of the National Association of Commercial Finance Brokers, the UK’s trade body for business finance brokers.

20 Nov 2014

DC pension funds struggle to hit value for money guidelines

DC pension funds struggle to hit value for money guidelines

An analysis of defined contribution pension plans has revealed that many trustees are struggling to hit some of the expectations outlined in the Pensions Regulator’s DC code of practice.

20 Nov 2014

CML: Gross mortgage lending up 5% month-on-month

CML: Gross mortgage lending up 5% month-on-month

The Council of Mortgage Lenders estimates that gross mortgage lending reached £19 billion in October.

20 Nov 2014

VitalityLife launches three new products

VitalityLife launches three new products

Recently rebranded VitalityLife - formerly PruProtect - has launched three new products just a week after Discovery acquired the entire share capital last week.

20 Nov 2014

Challenge to bankers' bonus cap is rejected

Challenge to bankers' bonus cap is rejected

The bid to overturn an EU cap on bankers' bonuses has been rejected by an advocate general at the European Court of Justice who says European Union law limiting bonuses is 'valid'.

20 Nov 2014

Prestige revamps prime product range

Prestige revamps prime product range

Prestige Finance has unveiled a new product and improved pricing on its prime product range.

20 Nov 2014

CBFL acquire Mayfair Bridging

CBFL acquire Mayfair Bridging

Capital Bridging Finance Limited have today announced the acquisition of Mayfair Bridging.

20 Nov 2014

RBS fined £56m over IT failings

RBS fined £56m over IT failings

The Financial Conduct Authority has today fined the Royal Bank of Scotland, NatWest and Ulster Banks £42 million for IT failures which occurred in June 2012 and meant that the Banks’ customers could not access banking services.

20 Nov 2014

Skipton cuts two year fixes by up to 0.56%

Skipton cuts two year fixes by up to 0.56%

Skipton Building Society is tomorrow lowering interest rates by as much as 0.56% on its residential two year fixed rate mortgage range.

19 Nov 2014

Treasury Financial Secretary: industry experts vital to pension reforms

Treasury Financial Secretary: industry experts vital to pension reforms

David Gauke, The Financial Secretary to the Treasury, has today given an overview of the government's pension reforms at the Westminster and City annuities and drawdown conference.

19 Nov 2014

FCA 'immune' from adviser court case

FCA 'immune' from adviser court case

An adviser has been told he cannot take legal action against the FCA for allegedly libelling him and his wife.

19 Nov 2014

FSE London 2014 - Roger Morris, Precise Mortgages

FSE London 2014 - Roger Morris, Precise Mortgages

Roger Morris of Precise Mortgages spoke to Financial Reporter at the recent FSE London show about all things buy to let, including the problem of over-legislating the BTL market, leading the way for self-employed consumers, and the issue of BTL fraud. He discussed the responsibility of brokers to examine buy to let cases and fully understand a client's situation before submitting cases to lenders in order to cut down on fraud, and noted that this would help to combat incorrect applications.

19 Nov 2014

TMW unveils new BTL rental stress rate

TMW unveils new BTL rental stress rate

From tomorrow, The Mortgage Works will be increasing their Buy to Let rental stress rate from 4.99% to 5.49% for applications between 65% and 75% LTV.

19 Nov 2014

Reliance Mutual launch "two-in-one" protection range

Reliance Mutual launch "two-in-one" protection range

Reliance Mutual have today launched the 'There' brand, an online direct-to-consumer basic protection plan and life insurance policy.

19 Nov 2014

Mortgages for Business rebrands

Mortgages for Business rebrands

Mortgages for Business has today announced the official launch of its new website and corporate identity.

19 Nov 2014

BoE: MPC vote 7-2 to maintain 0.5% interest rate

BoE: MPC vote 7-2 to maintain 0.5% interest rate

Bank of England policymakers decided to maintain its key rate at 0.50% in a split vote at Monetary Policy Committee held on November 5 and 6.

19 Nov 2014

Buyers are better off than renters within five years

Buyers are better off than renters within five years

Homeowners with mortgages pay £316 more on average per month compared to those renting equivalent properties, according to leading property website Zoopla.

19 Nov 2014

LSL Scotland HPI: Home sales recover in September, but prices fall

LSL Scotland HPI: Home sales recover in September, but prices fall

The latest House Price Index from LSL Property Services has shown that average Scottish house prices fell 0.4% or £587 over the month, slowing annual change to just 5.1%.

19 Nov 2014

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