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Men's retirement income 68% higher, but women expect less

Retirement

Men's retirement income 68% higher, but women expect less

New research from MGM Advantage, the retirement income specialist, reveals alarming disparities between the retirement finances of men and women.

22 Oct 2014

RBS escapes £90m whistleblowing fine

RBS escapes £90m whistleblowing fine

The Royal Bank of Scotland has avoided a total €115m (£90.7m) in fines for alerting the European commission’s competition watchdog to two attempts to fix interest rates.

22 Oct 2014

FCA launches new tool to tackle investment fraud

FCA launches new tool to tackle investment fraud

The FCA has launched its new website 'www.fca.org.uk/scamsmart' to help people spot investment fraud.

22 Oct 2014

BoE remains divided on bank rate rises

BoE remains divided on bank rate rises

Minutes of the Bank of England's Monetary Policy Committee Meeting held on 7 and 8 October have been released today, in which the committee concluded that the base rate should be maintained at 0.5%

22 Oct 2014

Mortgage Intelligence launch exclusive 85% Fixed with Leeds BS

Mortgage Intelligence launch exclusive 85% Fixed with Leeds BS

Mortgage Intelligence Holdings have launched a competitive exclusive 3.79% 5-year fixed mortgage product, available up to 85% LTV with Leeds Building Society.

22 Oct 2014

43% still concerned despite rate rise pressure easing

43% still concerned despite rate rise pressure easing

The chances of an imminent interest rate hike may have receded, but Halifax has found many borrowers remain concerned about the impact a rise could have on their monthly mortgage repayments over the next 12 months.

22 Oct 2014

Adult children cost parents £3.2 billion a year

Adult children cost parents £3.2 billion a year

Parents with adult children living under their roof are spending £1,200 more than their Empty Nester counterparts each year on every day household expenditure, bringing the total annual cost of ‘Full Nest Syndrome’ in the UK to £3.2 billion, according to 'Meet the Full Nesters', a new report published today by Scottish Widows.

22 Oct 2014

Pink members see 223% income rise

Pink members see 223% income rise

The Pink annual conference which has just taken place revealed that Pink members are earning an average of 223% more than they were four years ago.

22 Oct 2014

Mortgage Brain launches online sourcing system

Mortgage Brain launches online sourcing system

Mortgage Brain has today announced the launch of MortgageBrain Anywhere, its online mortgage sourcing system.

21 Oct 2014

Buy-to-let celebrates 18 year milestone

Buy-to-let celebrates 18 year milestone

Over the past 18 years the buy-to-let market has developed considerably, supporting growth in the UK’s Private Rented Sector whilst driving up quality and improving choice and competition. Today the PRS is the second largest housing tenure in the UK– over taking the social housing sector for the first time since 1961 in 2012/2013.

21 Oct 2014

 

YBS launch competitive 18-month bond

YBS launch competitive 18-month bond

Yorkshire Building Society has launched a new fixed 18-month bond offering a competitive rate of 1.90%.

21 Oct 2014

Mortgage complaints up 8% says FOS

Mortgage complaints up 8% says FOS

Mortgage complaints rose 8% year-on-year in the third quarter, according to the latest figures published by the Financial Ombudsman Service.

21 Oct 2014

MGM holds value protection annuity claims until 2015

MGM holds value protection annuity claims until 2015

MGM Advantage, the retirement income specialist, has confirmed it has put in place a process to allow any claims under ‘value protection’ on annuities to be held until April 2015 to allow claimants to benefit from the more favourable tax rules being implemented.

21 Oct 2014

Positive Lending appoints BDM

Positive Lending appoints BDM

Bournemouth-based specialist packager Positive Lending has appointed Andy Keehner as regional BDM covering London and Home Counties.

21 Oct 2014

Brightstar Financial expands commercial team

Brightstar Financial expands commercial team

Brightstar Financial has expanded its award winning commercial team with the addition of Nicholas Christofi as New Business Consultant.

21 Oct 2014

175m a year unclaimed from wills

175m a year unclaimed from wills

More than 175,000 people a year struggle to track down all the assets left by loved ones in wills, research from willsandassets.co.uk, a unique new secure online service enabling people to store wills and register assets, shows.

21 Oct 2014

Mortgage27 to provide MortgageSource Access to all Lenders

Mortgage27 to provide MortgageSource Access to all Lenders

Mortgage27 has today confirmed that MortgageSource, its recently released sourcing system for financial intermediaries, is now available to all Lenders and Packagers who list their products on the system.

21 Oct 2014

Fleet add L&G to distributor panel

Fleet add L&G to distributor panel

Fleet Mortgages, the new buy-to-let and specialist lender, has today added Legal & General Mortgage Club to the list of distributors that will have access to its products from launch.

20 Oct 2014

Mortgage completions affected by BoE system crash

Mortgage completions affected by BoE system crash

Anyone attempting to complete a purchase or sale of a home today will be unable to process the transaction following a failure the Bank of England's Clearing House Automated Payment System.

20 Oct 2014

South East sees 'fastest growing' asking prices

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South East sees 'fastest growing' asking prices

The South East was the strongest performing region in the country over the last year, and will be the fastest rising in the next five years, according to Rightmove.

20 Oct 2014

The Hanley launch specialist range through Brilliant Solutions

The Hanley launch specialist range through Brilliant Solutions

The Hanley Economic Building Society has launched the first product of their planned Specialist range solely through Brilliant Solutions, the Specialist Lending distributor.

20 Oct 2014

SortRefer launches competitive conveyancing package in Scotland

SortRefer launches competitive conveyancing package in Scotland

SortRefer, the award winning conveyancing portal, has increased its activity in Scotland by launching one of the most competitive conveyancing packages for Scottish remortgage business.

20 Oct 2014

Barclays launches lowest ever mortgage rates

Barclays launches lowest ever mortgage rates

Starting tomorrow, Barclays is offering its lowest ever rates on a number of mortgage products, marking a seventh consecutive rate reduction to its mortgage range.

20 Oct 2014

MMRs impact on mortgage market dissipates

MMRs impact on mortgage market dissipates

Mortgage approvals by all UK-resident mortgage lenders for house purchase picked up in June, before easing back slightly in August, according to the Bank of England’s latest Trends in Lending report. The number of approvals for remortgaging was broadly unchanged between June and August.

20 Oct 2014

FCA to issue record number of warnings

FCA to issue record number of warnings

The Financial Conduct Authority is on track to issue a record amount of private warnings this year, according to a report by the Financial Times, gained through a Freedom of Information request to the FCA.

20 Oct 2014

Mortgage Intelligence appoints Metro Bank to its panel of lenders

Mortgage Intelligence appoints Metro Bank to its panel of lenders

Mortgage Intelligence Holdings is delighted to announce it has expanded its panel of lenders with the appointment of Metro Bank.

20 Oct 2014

Gross mortgage lending steady in September

Gross mortgage lending steady in September

The Council of Mortgage Lenders estimates that gross mortgage lending reached £17.8 billion in September. This is 1% lower than August (£18 billion), but 10% higher than September last year (£16.2 billion).

20 Oct 2014

Clydesdale and Yorkshire Banks launch range of new mortgages

Clydesdale and Yorkshire Banks launch range of new mortgages

Clydesdale and Yorkshire Banks today launched a new range of mortgages including a ‘pay your mortgage for a month’ offer, where cashback will be offered equivalent to one monthly mortgage payment, and no arrangement fees.

20 Oct 2014

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