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Almost half of Brits don't expect to own home

Almost half of Brits don't expect to own home

Brits without a home will go to extreme measures in order to get on the property ladder, according to new research from Santander Mortgages.

08 Oct 2014

Mansfield increases mortgage range

Mansfield increases mortgage range

Mansfield is to offer a new purchase mortgage to 95% LTV and remortgage to 90% LTV.

08 Oct 2014

Nationwide reduces rates for loyalty rate mortgages initiative

Nationwide reduces rates for loyalty rate mortgages initiative

From Wednesday October 8, Nationwide is reducing selected rates for existing Nationwide mortgage customers looking for a new deal.

07 Oct 2014

Nationwide cuts fixed rate ERCs

Nationwide cuts fixed rate ERCs

Nationwide Building Society is to apply a reducing scale approach to all fixed rate mortgages taken out from tomorrow, where customers need to redeem their loan, or overpay by more than 10% of the initial balance per year, before the end of the fixed rate period.

07 Oct 2014

Capital Bridging Finance hits record completion figures

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Capital Bridging Finance hits record completion figures

Capital Bridging Finance saw its September completion figures of over £20m beat its previous best monthly figure by 60%

07 Oct 2014

Coventry BS launches competitive resi range

Coventry BS launches competitive resi range

Coventry Building Society has launched a new highly competitive residential range including Fixed rate, Flexx for Term and Base Rate Tracker options.

07 Oct 2014

Financial Reporter gets a makeover

Financial Reporter gets a makeover

Some of you may have noticed that Financial Reporter has had a makeover this week.

07 Oct 2014

BTL borrowers 'could need 40% deposit to get mortgage'

BTL borrowers 'could need 40% deposit to get mortgage'

The Bank of England’s request for extra powers, in order to direct lenders as to how much buy-to-let investors are able to borrow, could mean that landlords in the South East and London will have to find a 40% deposit in order to secure mortgage finance, according to analysis by Countrywide Residential Lettings.

07 Oct 2014

Barclays announces no-fee BTL range

Barclays announces no-fee BTL range

Landlords across the UK look set to save money when they remortgage with Barclays thanks to a suite of changes the bank is making to its Buy-To-Let mortgage range tomorrow.

07 Oct 2014

BoE reveals credit availability falls 'significantly' in Q3

BoE reveals credit availability falls 'significantly' in Q3

According the Bank of England's Credit Conditions Survey, lenders' willingness to lend fell in Q3.

07 Oct 2014

 

Aegon’s platform becomes fastest growing in the market

Aegon’s platform becomes fastest growing in the market

In July, Aegon announced that assets under management on the Aegon Retirement Choices and One Retirement platforms hit the £2bn mark, and there are no signs that momentum is slowing.

07 Oct 2014

JFM launches no-fee income drawdown plan

JFM launches no-fee income drawdown plan

Pension fund manager JFM has launched a simple no-fee income drawdown product as demand for low-cost alternatives to annuities continues to increase.

07 Oct 2014

Quantum large loans sees initial enquiries of over £300m

Quantum large loans sees initial enquiries of over £300m

In the two weeks since the large loan and development brand launch of Quantum by Bridgebank Capital, the lender has received initial enquiries totalling a value in excess of £300 million.

07 Oct 2014

Shawbrook boosts post-completion team

Shawbrook boosts post-completion team

Shawbrook Bank has appointed Sohail Degia as a second Short Term Loan Portfolio Officer to its post-completion team.

07 Oct 2014

Openwork to launch adviser academy

Openwork to launch adviser academy

Openwork is seeking to attract and develop the next generation of financial advisers through the launch of a training academy designed to help its member firms build succession planning into their practices.

06 Oct 2014

Affordability in the long term cannot be determined at application

Affordability in the long term cannot be determined at application

Supporting borrowers who fall in to arrears through no fault of their own is just as important as checking affordability before lending, says John Bridge (Director of Sales and Marketing) at Cirencester Friendly.

06 Oct 2014

Capital Bridging Finance obtains FCA regulation

Capital Bridging Finance obtains FCA regulation

Capital Bridging Finance Limited, the national bridging loan lender, has obtained authorisation from the FCA to accept and administer regulated bridging loan applications.

06 Oct 2014

RDG acquires Assurant Intermediary

RDG acquires Assurant Intermediary

Ryan Direct Group has announced that it is to acquire Assurant Intermediary Limited, a subsidiary of Assurant Group Limited, which provides home and protection insurance products to IFAs and mortgage brokers.

06 Oct 2014

Post Office expands mortgage range to include best buy deals

Post Office expands mortgage range to include best buy deals

Post Office has expanded its mortgage range to include a number of best buy mortgages to cater for a range of borrowers.

06 Oct 2014

Mortgage Trust launches 12 new fixed rate products

Mortgage Trust launches 12 new fixed rate products

Mortgage Trust, the Paragon owned buy-to-let lender, has boosted its product range to include 12 new fixed rate products.

06 Oct 2014

Funding position is a key concern for almost half of pension schemes

Funding position is a key concern for almost half of pension schemes

With UK pension funds boasting over £1 trillion worth of liabilities, a new Engaged Investor report – sponsored by Partnership and JLT Employee Benefits – asked over 100 UK pension trustees their views on de-risking and the medically underwritten bulk annuity market.

06 Oct 2014

LMS announces partnership with Accord Buy to Let

LMS announces partnership with Accord Buy to Let

LMS, one of the UK’s leading conveyancing panel management specialists, has announced a partnership with Accord Buy to Let.

06 Oct 2014

40% of parents raid savings to support their children

40% of parents raid savings to support their children

Parents are under unprecedented pressure to bail out dependent children at the expense of parents’ own retirement plans, wealth manager Brewin Dolphin can reveal.

06 Oct 2014

UK’s first Retirement Savings Map reveals regions' saving habits

Retirement

UK’s first Retirement Savings Map reveals regions' saving habits

Friends Life has created the UK Retirement Savings Map based on the savings behaviour of over 18,000 people.

06 Oct 2014

Financial services firms see fastest growth since 2007

Financial services firms see fastest growth since 2007

The UK’s financial services firms saw strong growth in business volumes in the three months to September, with profits rebounding and hiring on the up. That’s according to the 100th CBI/PwC survey of the sector, out today.

06 Oct 2014

Dudley BS aims to improve broker service

Dudley BS aims to improve broker service

Dudley Building Society, which only lends through the intermediary sector, has announced that while it already offers its broker partners a 10 day application to offer service standard, it aims to improve the service it offers.

06 Oct 2014

Could falling London prime prices cause domino effect?

Could falling London prime prices cause domino effect?

House prices in London's most expensive areas are plummeting, sparking fears of a domino effect of house price falls across the UK.

03 Oct 2014

Technology – changing brokers' lives for the better

Technology – changing brokers' lives for the better

After several years spent lagging behind the rest of the financial services industry, the UK mortgage market is now playing a lead role in the development and adoption of industry leading technology solutions.

03 Oct 2014

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