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Crystal Mortgages targets half-a-billion terms in 2014

Crystal Mortgages targets half-a-billion terms in 2014

A strong third quarter has seen Crystal Mortgages almost surpass last year's record breaking figures, with the company having issued terms of £460m year-to-date against £479m for the whole of 2013.

30 Oct 2014

BBA: UK housing market continues to cool

BBA: UK housing market continues to cool

According to figures released from the BBA, gross mortgage borrowing of £10.6 billion was 7% higher than in September last year.

30 Oct 2014

Nationwide HPI: UK house prices rise in October

Nationwide HPI: UK house prices rise in October

UK annual house price inflation picked up again in October, with annual price rises still advancing at a steady pace, a survey shows.

30 Oct 2014

Everybody wants a piece of the auction

Everybody wants a piece of the auction

[Special feature from Tomer Aboody, Director at MT Finance]

29 Oct 2014

FCA to discontinue Tesco investigation

FCA to discontinue Tesco investigation

Tesco is to be investigated by the Serious Fraud Office over accounting irregularities.

29 Oct 2014

First auto-enrolment fines issued by The Pensions Regulator

First auto-enrolment fines issued by The Pensions Regulator

Small and micro employers are being warned to check the date they must be ready to meet new workplace pensions duties and to prepare early, after three fixed penalty notices were issued, each imposing hundreds of pounds worth of fines on employers.

29 Oct 2014

e.surv launch relationship with Pure Retirement

e.surv launch relationship with Pure Retirement

e.surv has today announced a tie-in with equity release provider Pure Retirement.

29 Oct 2014

Insolvencies see continued decline

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Insolvencies see continued decline

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased in the third quarter of this year to 24,837, a reduction of 4.6% on the same period 12 months ago and back to the levels seen in late 2013.

29 Oct 2014

FOS sees huge rise in 'rip-off' payday middlemen

FOS sees huge rise in 'rip-off' payday middlemen

The Financial Ombudsman Service today reiterated its warning that people seeking loans should be vigilant about unscrupulous payday loan middlemen.

29 Oct 2014

Pension change confusion puts SMEs at risk

Pension change confusion puts SMEs at risk

A survey by the chartered accountancy firm, HW Fisher & Company, has found that an overwhelming majority of Britons have little or no grasp of the slew of pension changes announced this year – prompting it to warn that people’s confusion could make them easy prey for pension scammers.

29 Oct 2014

 

FCA fines Yorkshire Building Society £4.1m

FCA fines Yorkshire Building Society £4.1m

Yorkshire Building Society has today been fined £4,135,600 for failings when dealing with its mortgage customers experiencing payment difficulties.

29 Oct 2014

BoE: momentum in housing market continues to slow

BoE: momentum in housing market continues to slow

According to the latest Money & Credit report from the Bank of England, September saw both house purchase approvals and lending below the monthly average.

29 Oct 2014

Half a million to pay mortgage with pension funds

Half a million to pay mortgage with pension funds

More than half a million 40 to 70 year olds in England intend to use part or all of their pension to repay their mortgage balance reveals new research from specialist insurer, Partnership.

29 Oct 2014

Smart Money expands team

Smart Money expands team

Smart Money, the second charge specialist packager, has bolstered its internal sales team with the addition of Katy Leman to its underwriting department.

29 Oct 2014

Auto-enrolment uncertainty 'is opportunity for advisers'

Auto-enrolment uncertainty 'is opportunity for advisers'

The ongoing introduction of workplace pensions auto-enrolment is triggering reviews of wider employee benefits – but employers are confused about how to go ahead, research for MetLife Employee Benefits shows.

29 Oct 2014

Leeds BS launches range of contractor mortgages

Leeds BS launches range of contractor mortgages

A new range of mortgages for professional contractors is being launched by Leeds Building Society.

29 Oct 2014

Lender makes return to secured market

Lender makes return to secured market

According to the Secured Loans Index from Loans Warehouse, gross lending for September 2014 hit £58,270,247 - and Paragon Personal Finance makes a return to the market with a new secured loan range.

29 Oct 2014

Nationwide offer new 10 year fix

Nationwide offer new 10 year fix

As uncertainty continues around the effects and timing of a potential bank base rate rise, Nationwide Building Society is to offer 10 year fixed rate mortgages for customers who want longer term certainty over the amount of their monthly payments.

28 Oct 2014

Brilliant Solutions expands Panel

Brilliant Solutions expands Panel

The Melton Mowbray Building Society and their subsidiary MBS Lending have been appointed to the Brilliant Mortgage Club lender panel, part of Brilliant Solutions, the Specialist Lending distributor.

28 Oct 2014

Sesame adds Aldermore to bridging panel

Sesame adds Aldermore to bridging panel

Sesame Bankhall Group has announced that appointed representatives of Sesame network and members of PMS mortgage club now have access to Aldermore Bank’s range of bridging loan products.

28 Oct 2014

BTL lenders continue to cut fees

BTL lenders continue to cut fees

Buy-to-let lenders are offering more products and longer-term fixed rates according to the latest Buy to Let Mortgage Costs Index from Mortgages for Business.

28 Oct 2014

Strong demand for STLs and HMOs in England’s North West

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Strong demand for STLs and HMOs in England’s North West

[Lee Albino, Regional Development Manager for the North West and Scotland, Shawbrook Bank]

28 Oct 2014

Foreign buyers boost Spanish property market

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Foreign buyers boost Spanish property market

Good news from Spain, where the number of homes sold has increased by 12.1 per cent in the second quarter of this year compared with 2013, boosted by the increasing number of foreign buyers.

28 Oct 2014

Bath Building Society appoints new chairman

Bath Building Society appoints new chairman

Bath Building Society’s Board has appointed Robert Derry-Evans to succeed Chris Moorsom as Chairman with effect from 1st January 2015.

28 Oct 2014

200,000 to cash in DC pensions under reforms

200,000 to cash in DC pensions under reforms

Research carried out by Ipsos Mori on behalf of Hargreaves Lansdown suggests around 200,000 savers plan to cash in their defined contribution pension pot next year.

28 Oct 2014

Aldermore expands finance team

Aldermore expands finance team

Lee Ford has joined Aldermore’s invoice finance team as Regional Sales Manager for South Wales.

28 Oct 2014

FCA increases support for financial services businesses

FCA increases support for financial services businesses

The Financial Conduct Authority’s Innovation Hub, part of Project Innovate, is now open and offering support to innovators.

28 Oct 2014

London properties still hitting asking price despite cooling demand

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London properties still hitting asking price despite cooling demand

The latest sale figures from online estate agent eMoov.co.uk have indicated that London selling prices are still achieving 99% of asking price, despite belief that property sellers are starting to accept prices under the asking price.

28 Oct 2014

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