Latest News

Just Retirement launches 1-yr fixed annuity ahead of new rules

Retirement

Just Retirement launches 1-yr fixed annuity ahead of new rules

Just Retirement has launched a 1-year version of its fixed-term annuity which enables pension savers to maintain the flexibility to rethink their options when proposed new rules come into force next year.

22 Apr 2014

BTL lending means rent rises slow to lowest annual rate in four years

BTL lending means rent rises slow to lowest annual rate in four years

Rent rises across England and Wales have slowed to their lowest annual rate in over four years, according to the latest Buy-to-Let Index from LSL Property Services.

18 Apr 2014

Majid Shabir, Founder and CEO, Instinct Studios

In The Spotlight

Majid Shabir, Founder and CEO, Instinct Studios

Financial Reporter chatted to Majid Shabir, Founder and CEO of fintech company Instinct Studios.

17 Apr 2014

Post Office launches 2-year fix range from 1.63%

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Post Office launches 2-year fix range from 1.63%

Post Office has today launched its new range of mortgage deals in its latest challenge to the market, including a branch exclusive with no arrangement fee targeting the re-mortgage market.

17 Apr 2014

Shawbrook increases rate on its 1 Year Bond

Savings & Investments

Shawbrook increases rate on its 1 Year Bond

Shawbrook Bank has increased the rate on its 1 year Fixed Rate Bond, offering savers 1.95% AER.

17 Apr 2014

FCA bans firm partners for SIPP failings

Retirement

FCA bans firm partners for SIPP failings

Andrew Rees and Timothy Hughes, partners at 1 Stop Financial Services, have been banned by the Financial Conduct Authority from performing any significant influence function in relation to any regulated activity.

17 Apr 2014

Metro Bank launches online mortgage portal

Mortgages

Metro Bank launches online mortgage portal

Metro Bank, the revolutionary High Street bank, today announces a new online mortgage portal to be used by brokers and direct customers in Metro Bank stores.

17 Apr 2014

Co-op Group sees worst results in its 150-year history with £2.5bn loss

Latest News

Co-op Group sees worst results in its 150-year history with £2.5bn loss

The Co-operative Group has announced losses of £2.5bn for 2013 - the worst results reported in the group's 150-year history.

17 Apr 2014

Mortgage lending up a third year-on-year

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Mortgage lending up a third year-on-year

Gross mortgage lending was an estimated £15.4 billion in March, according to the Council of Mortgage Lenders.

17 Apr 2014

Repossessions 44% higher in the North - but divide is closing

Latest News

Repossessions 44% higher in the North - but divide is closing

The rate of home repossessions was 44% higher in the North than in the South in 2013, according to detailed research released this morning by e.surv chartered surveyors.

17 Apr 2014

 

Former Co-op chairman Paul Flowers charged with drug offences

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Former Co-op chairman Paul Flowers charged with drug offences

Former Co-operative Bank chairman Reverend Paul Flowers has been charged with drug offences, it has been reported.

16 Apr 2014

Nostrum Group enters secured loan processing market

Nostrum Group enters secured loan processing market

Nostrum is pleased to announce that it has entered into a processing agreement with Clearly Loans, a recent entrant in the secured lending sector.

16 Apr 2014

The Lending Wizard hires Head of Intermediary Distribution

The Lending Wizard hires Head of Intermediary Distribution

The Lending Wizard, the loan sourcing tool for brokers, today announces Darrell Walker as the firm’s Head of Intermediary Distribution.

16 Apr 2014

'Get Britain Building' plan only yields 715 new homes, says Labour party

Latest News

'Get Britain Building' plan only yields 715 new homes, says Labour party

The 'Get Britain Building' plan, designed to to kick-start house building, has so far delivered only 715 new homes, according to new figures released by the Labour Party.

16 Apr 2014

Enquiries for home improvement loans see springtime boost

Enquiries for home improvement loans see springtime boost

Ocean Finance has seen a 50% increase in the proportion of the enquiries it receives for home improvement loans.

16 Apr 2014

Mansfield BS cuts rates on FTB scheme

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Mansfield BS cuts rates on FTB scheme

Mansfield Building Society has cut the rate of interest on its Local Authority Mortgage Scheme from 4.99% to 4.39%.

16 Apr 2014

Access 4 Finance adds Precise to panel

Access 4 Finance adds Precise to panel

Access 4 Finance has announced that Precise Mortgages has been added to its lender panel which represent the whole of the market for second charge loans.

16 Apr 2014

Magellan appoints Jon Sturgess as Head of Sales

Mortgages

Magellan appoints Jon Sturgess as Head of Sales

Magellan Homeloans, the specialist credit repair lender, has appointed Jon Sturgess as Head of Sales.

16 Apr 2014

Norton Broker Services unveils its 'dream team'

Latest News

Norton Broker Services unveils its 'dream team'

The B2B function of the Norton Finance Group, Norton Broker Services, has unveiled their 'dream team' line up of staff, with the aim of establishing themselves as the number one broker in the intermediary market place.

16 Apr 2014

Shawbrook improves its broker support on sales desk

Shawbrook improves its broker support on sales desk

Shawbrook Bank’s Commercial Mortgages division has appointed Matthew Woods as Junior Sales Executive on its sales desk.

15 Apr 2014

1 in 20 uses credit to pay rent or mortgage

Latest News

1 in 20 uses credit to pay rent or mortgage

More than one in 20 people paid either their rent or mortgage using some form of credit in February this year.

15 Apr 2014

Annuity rates remained flat in Q1

Retirement

Annuity rates remained flat in Q1

The latest MGM Advantage Annuity Index reveals average annuity rates increased by 0.83% in the first quarter of the year.

15 Apr 2014

House price growth strong across the UK: ONS

Mortgages

House price growth strong across the UK: ONS

UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014, according to the latest information from the Office for National Statistics.

15 Apr 2014

FCA likely to crack down hard on second charge lending, says lender

FCA likely to crack down hard on second charge lending, says lender

The Financial Conduct Authority is likely to crack down hard on second charge lending over the next two years after supervision of the sector moves under its jurisdiction in April this year.

15 Apr 2014

Inflation falls to 1.6% in March

Latest News

Inflation falls to 1.6% in March

Inflation fell to its lowest since October 2009 at 1.6% in March, according to the Office for National Statistics.

15 Apr 2014

Hope Capital appoints head of business development

Hope Capital appoints head of business development

Hope Capital has just appointed Brian Baker as Head of Business Development in a newly created role.

15 Apr 2014

Secured lender refinances £435m securitisation

Secured lender refinances £435m securitisation

Jerrold Holdings,secured lender to the residential and commercial property sectors, is pleased to announce it has today completed an extension of its private securitisation programme.

15 Apr 2014

Secured lending continues to grow for 28th month

Secured lending continues to grow for 28th month

March 2014 marked the 28th month in a row of year on year growth in secured lending, according to the Secured Loan Index from Loans Warehouse.

15 Apr 2014

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