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Welsh are most concerned about raising a mortgage deposit

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Welsh are most concerned about raising a mortgage deposit

The majority of the Welsh public believe their greatest challenge to securing the home they want is current interest rates and the ability to raise a deposit, according to a new report.

24 Jul 2014

FSE Manchester 2014 - Robert Sinclair, Association of Mortgage Intermediaries

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FSE Manchester 2014 - Robert Sinclair, Association of Mortgage Intermediaries

We spoke to Robert Sinclair, Association of Mortgage Intermediaries, at the recent FSE Manchester.

24 Jul 2014

IMLA & AMI reach landmark agreement on broker panel removals

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IMLA & AMI reach landmark agreement on broker panel removals

IMLA and AMI have published a joint framework for lender and intermediary relationships following MMR.

24 Jul 2014

Brokers optimistic - but believe funding is the most likely challenge ahead

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Brokers optimistic - but believe funding is the most likely challenge ahead

Shawbrook Bank’s latest Broker Barometer has revealed that, across the board, brokers are optimistic about the future and believe that continued stable growth is on the cards.

24 Jul 2014

Virgin removes minimum income cap on Help to Buy

Virgin removes minimum income cap on Help to Buy

Virgin Money is removing the £30,000 minimum income threshold for mortgage products which make up its Help to Buy Equity Loan range.

24 Jul 2014

Paragon reports 94% increase in BTL lending

to let signs

Paragon reports 94% increase in BTL lending

Paragon Mortgages’ parent company, The Paragon Group of Companies, has today announced results for the period 1 April 2014 to 30 June 2014.

24 Jul 2014

Leeds widens range of short term fixed rates

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Leeds widens range of short term fixed rates

Leeds Building Society has announced a wider range of two year fixed rate products for buyers looking for short term deal.

24 Jul 2014

Legal & General adopts Mortgage Brain sourcing system

Mortgages

Legal & General adopts Mortgage Brain sourcing system

Legal & General, one of the UK’s largest financial services providers, is offering Mortgage Brain’s award winning sourcing system, MortgageBrain, as one of its mortgage sourcing technology solutions to its AR Network.

24 Jul 2014

FOS appoints new chief

Latest News

FOS appoints new chief

The board of the Financial Ombudsman Service today announced that it has appointed Caroline Wayman as chief ombudsman and chief executive – to succeed Natalie Ceeney who stepped down in November 2013 after four years in the post.

23 Jul 2014

New building society partners with Brilliant Solutions

Mortgages

New building society partners with Brilliant Solutions

The newly-launched Family Building Society has commenced the outsourced of its mortgage origination processing to the mortgage specialists, Brilliant Solutions.

23 Jul 2014

 

MAB team cycles to Paris for charity

Latest News

MAB team cycles to Paris for charity

Four employees of Mortgage Advice Bureau are teaming up with nine other cyclists and will be using their pedal power to embark on a challenging ride from London to Paris in three days, in aid of the Alex’s Wish charity.

23 Jul 2014

Skipton sells mortgage servicing arm for £47m

Mortgages

Skipton sells mortgage servicing arm for £47m

Skipton Building Society today announced the sale of Homeloan Management Limited, its mortgage servicing subsidiary, in a deal worth £47.5m.

23 Jul 2014

Zurich increases financial underwriting limits for life and CI insurance

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Zurich increases financial underwriting limits for life and CI insurance

Insurer Zurich has increased its financial evidence limits for customers applying for life and critical illness insurance, so that getting cover is quicker and easier for both advisers and their customers.

23 Jul 2014

LV= moves to fully electronic annuity process

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LV= moves to fully electronic annuity process

Retirement specialist LV= is the first provider to move to a fully electronic annuity application process with technology provider, TOMAS.

23 Jul 2014

FCA imposes ban on Financial Group for failing to control ARs

Latest News

FCA imposes ban on Financial Group for failing to control ARs

The FCA has used its suspension power for the first time, banning two of the Financial Group’s subsidiaries from recruiting new Appointed Representatives and individual advisers for a period of four and a half months.

23 Jul 2014

New rules set to 'break shackles on annuity design', says Just Retirement

Retirement

New rules set to 'break shackles on annuity design', says Just Retirement

Retirees seeking guaranteed income but scared they may die early and not get their investment returned are likely to be among the winners of the pension changes unveiled this week, predicts Just Retirement.

23 Jul 2014

Record-breaking P2P loan from LendInvest repaid

Record-breaking P2P loan from LendInvest repaid

LendInvest has today confirmed that its world record breaking peer-to-peer loan has now been repaid.

23 Jul 2014

Mortgage approvals rising after 4 months of decline: BBA

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Mortgage approvals rising after 4 months of decline: BBA

Gross mortgage borrowing of £11.2 billion was 24% higher than in June last year, according to the latest data from the BBA.

23 Jul 2014

Supplying the student rental market in England's Northeast

Supplying the student rental market in England's Northeast

[Blog from Sarah Woolf, Business Development Manager, Shawbrook Bank]

23 Jul 2014

Skipton cuts rates by up to 0.30%

Mortgages

Skipton cuts rates by up to 0.30%

Skipton Building Society will today reduce rates on selected 2, 3 and 5 year residential and buy to let fixed rate mortgages.

23 Jul 2014

68% fear mortgage rate rise in next 12 months

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68% fear mortgage rate rise in next 12 months

Legal & General’s latest Mortgage Mood survey has revealed that 68% of homeowners fear a mortgage rate rise in the next 12 months, but the majority of that group (45%) believe that rates won’t increase by more than 1%.

22 Jul 2014

Property market 'flattens out' in June: HMRC

Mortgages

Property market 'flattens out' in June: HMRC

The property market saw a 'flattening out' in June, although it is still much higher than 2013 levels, according to the latest data from HMRC.

22 Jul 2014

Global banks 'could face fines of up to £250bn by 2020'

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Global banks 'could face fines of up to £250bn by 2020'

The multi-million pound fines levied to date against global banks for breaking anti-money laundering rules and sanctions violations are the tip of the iceberg, according to data-as-a-service provider, Anomaly42.

22 Jul 2014

Final notice from FCA on £450,000 fine for senior banker

Latest News

Final notice from FCA on £450,000 fine for senior banker

The Financial Conduct Authority has today published a Final Notice for former JPMorgan banker Ian Hannam stating that it has fined him £450,000.

22 Jul 2014

Goldsmith Williams no longer accepting instructions directly from brokers

Legal

Goldsmith Williams no longer accepting instructions directly from brokers

Goldsmith Williams has announced that it is to focus on lender-introduced business and will no longer be accepting instructions directly from brokers and introducers.

22 Jul 2014

Lead generation this summer - don't get burnt

Lead generation this summer - don't get burnt

I was born in the southern hemisphere, the presence of sunshine or rather the lack of bad weather isn’t as much of a daily surprise to me as it is to some of my staff and clients.

22 Jul 2014

Looking at consumer activity data to boost lending

Matt Howe Mortgage 27

Looking at consumer activity data to boost lending

As time moves on and consumers embrace new technologies, laptops, pads, tablets, notebooks and all the other devices, both in existence and on the horizon, their behaviour has and continues to change.

22 Jul 2014

Secured lending increases 32.8% and sees 'game changing' new lender

Secured lending increases 32.8% and sees 'game changing' new lender

The first half of 2014 has seen secured lending volumes increase by 32.8%, according to the latest Secured Loan Index from Loans Warehouse.

22 Jul 2014

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