Latest News

Lack of deposit widens homeowner aspiration gap

Mortgages

Lack of deposit widens homeowner aspiration gap

According to the data from Your Move & Reeds Rains, a fifth (22%) of tenants are expecting to be able to by the end of 2014 and a further third (34%) believe they will be able to buy within the next five years.

30 May 2014

Selectapension boosts senior team

Latest News

Selectapension boosts senior team

Selectapension, the technology provider has appointed Paul Yates as Development Director, a new position in the company.

30 May 2014

UK economic growth at 11-year high

Latest News

UK economic growth at 11-year high

Economic growth reached a record high in May, posting the highest reading since data began in 2003, according to the latest CBI growth indicator.

30 May 2014

Third of FTBs in London feel the impact of MMR

Mortgages

Third of FTBs in London feel the impact of MMR

First-time buyers in London are feeling the brunt of the impact of the Mortgage Market Review, according to the latest data from Your Move and Reeds Rains.

30 May 2014

FTB numbers climb in April - despite MMR

Mortgages

FTB numbers climb in April - despite MMR

The number of first-time buyers grew 8% in the month to April and 47% year-on-year, despite the introduction of MMR, according to the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains, part of LSL Property Services.

30 May 2014

Retirement income is eaten up by taxes, says the Pru

Retirement

Retirement income is eaten up by taxes, says the Pru

The average retired household pays out 30% of its annual income in a combination of direct and indirect taxes, according to new analysis of Government data by Prudential.

30 May 2014

FCA 'will not allow' automated advice to become a mis-selling scandal

Latest News

FCA 'will not allow' automated advice to become a mis-selling scandal

The Financial Conduct Authority has vowed it will not allow automated or simplified advice to 'slip' into becoming a mis-selling scandal.

29 May 2014

AMI Annual Dinner speaker announced

Latest News

AMI Annual Dinner speaker announced

The Association of Mortgage Intermediaries is celebrating another year of representing the consumers choice for advice in the mortgage world with its annual dinner.

29 May 2014

FCA issues warning to insurance intermediaries over SMEs

Protection

FCA issues warning to insurance intermediaries over SMEs

The FCA has issued a warning to commercial insurance intermediaries, regarding conflicts of interest with SMEs.

29 May 2014

CML: Help to Buy effect is 'muted'

Mortgages

CML: Help to Buy effect is 'muted'

The combined impact of both the Help to Buy equity loan and mortgage guarantee schemes does not appear to be creating an amplifying effect on the more active parts of the UK housing market, according to CML analysis.

29 May 2014

 

Post Office launches new products through brokers

Mortgages

Post Office launches new products through brokers

The Post Office will launch its highly competitive range of mortgages - available through brokers - along with its financial services partner, Bank of Ireland UK, on Monday.

29 May 2014

Start raising interest rates soon, says MPC member

Latest News

Start raising interest rates soon, says MPC member

Britain must start raising interest rates soon if it wants to avoid sharp increases in the future, according to Martin Weale, a member of the BoE's Monetary Policy Committee.

29 May 2014

LV= launches 'personal sick pay' for harder to insure clients

Protection

LV= launches 'personal sick pay' for harder to insure clients

Protection specialist LV= today launches a new underwritten income protection product, ‘Personal Sick Pay’.

29 May 2014

Help to Buy reaches 7,300 completions in 6 months

Mortgages

Help to Buy reaches 7,300 completions in 6 months

The Treasury issued a statistical release today showing that in the first six months of the Help to Buy mortgage guarantee scheme, 7,313 mortgages were completed and of these, 80% were purchases by first time buyers.

29 May 2014

Help to Buy fails to boost property supply

Mortgages

Help to Buy fails to boost property supply

The number of eligible properties under the government’s Help to Buy scheme has fallen, while average prices have risen, since the launch of the second phase of the scheme - according to property website Zoopla.co.uk.

29 May 2014

Over a third intend not to buy a home as average FTB age hits 36

Mortgages

Over a third intend not to buy a home as average FTB age hits 36

The average age UK house hunters estimate they will be able to take their first step onto the property ladder is 36 years old, according to research by MoneySuperMarket - but a third don't intend to buy at all.

29 May 2014

Tribunal upholds FCA decison over market abuse

Latest News

Tribunal upholds FCA decison over market abuse

The Upper Tribunal has upheld the decision of the Financial Conduct Authority that Ian Hannam engaged in two instances of market abuse.

28 May 2014

Nationwide's mortgage lending up a third

Mortgages

Nationwide's mortgage lending up a third

Nationwide grew its mortgage lending by a third in the 2013/14 financial year, its latest annual results have shown.

28 May 2014

Darts legend Eric Bristow heads to NACFB expo

Latest News

Darts legend Eric Bristow heads to NACFB expo

Goldentree Financial Services has announced that the five times world dart champion Eric Bristow will be on their stand at the NACFB Commercial Finance Expo in June.

28 May 2014

ASTL adds Robert Sterling Surveyors to its ranks

Legal

ASTL adds Robert Sterling Surveyors to its ranks

Robert Sterling Surveyors has become the ASTL’s latest associate member. This brings the total number of full and associate members to 41.

28 May 2014

eTech snaps up Mark Blackwell to lead expansion into mortgage market

Mortgages

eTech snaps up Mark Blackwell to lead expansion into mortgage market

Software provider eTech has poached Mark Blackwell to become their new director of Lending & Surveying Services.

28 May 2014

CML: Strong upward trend in Scottish mortgage lending

Mortgages

CML: Strong upward trend in Scottish mortgage lending

The expected seasonal dip during the early months of 2014 saw lending fall compared to the previous quarter, but there was a strong upward trend in Scotland when year-on-year comparisons are made, new CML data shows.

28 May 2014

CML: Mortgage lending in NI up 35% yearly

Mortgages

CML: Mortgage lending in NI up 35% yearly

Northern Ireland saw year-on-year growth in Q1, in particular for home movers and first-time buyers, but the expected seasonal dip has affected lending compared to the previous quarter.

28 May 2014

CML: Seasonal dip doesn't affect yearly London mortgage lending

Mortgages

CML: Seasonal dip doesn't affect yearly London mortgage lending

CML data on mortgage lending in Greater London in Q1 shows the expected seasonal dip has affected lending compared to the previous quarter, but compared to the same time last year there has been significant growth in all borrower types.

28 May 2014

CML: FTBs up 30% in Wales

Mortgages

CML: FTBs up 30% in Wales

New CML data released today on the profile of mortgage lending in Wales in the first quarter of 2014 shows the expected seasonal dip has affected lending compared to the previous quarter, but year-on-year comparisons show growth in all borrower types.

28 May 2014

Partnership holds pension forums across the UK

Retirement

Partnership holds pension forums across the UK

With the proposed pension changes announced in the budget raising questions amongst intermediaries and consumers, Partnership is holding eight forums across the UK to help provide advisers with support and information.

28 May 2014

GI provider offers 25% commission to brokers

Protection

GI provider offers 25% commission to brokers

GI provider Uinsure is offering a 25% commission to all brokers who introduce clients via its Refer & Earn proposition before the end of June.

28 May 2014

miLoan sourcing system celebrates 500 completions

Latest News

miLoan sourcing system celebrates 500 completions

Second charge loan brokerage Y3S has revealed that it has completed 500 loan via its sourcing system miloanbroker.com.

28 May 2014

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