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Positive Lending launches Shawbrook's 55 Plus product

Positive Lending launches Shawbrook's 55 Plus product

Positive Lending has added Shawbrook’s 55 Plus interest-only mortgage product to its packaging proposition.

02 Jun 2017

Bank of Mum and dad sparking equity release growth

Bank of Mum and dad sparking equity release growth

An increasing reliance on the bank of Mum and Dad is sparking growth in the equity release market, according to Age Partnership research.

02 Jun 2017

IFA Conveyancing appoints Business Development Executive

IFA Conveyancing appoints Business Development Executive

Online conveyancing portal IFA Conveyancing has appointed Amy-Marie Williams as its new Business Development Executive.

02 Jun 2017

SVR ‘inertia tax’ costs average borrower £3,240 a year

SVR ‘inertia tax’ costs average borrower £3,240 a year

Customers who slip onto their lender's Standard Variable Rate face being penalised with a £3,242 hike in annual interest repayments - more than a month’s income for the average household - according to research from online mortgage broker Trussle.

02 Jun 2017

AA Mortgages launches new high-LTV five-year fixed rates

AA Mortgages launches new high-LTV five-year fixed rates

AA Mortgages has launched a new product range including its lowest ever five-year fee-free fixed rates at 90% and 95% LTV.

02 Jun 2017

First-time buyer applications soar in Q1: IMLA

First-time buyer applications soar in Q1: IMLA

More than two-thirds (67%) of first-time buyer mortgage applications made via intermediaries resulted in completions during Q1 2017, up from just 48% in Q1 2016, according to the latest IMLA research.

02 Jun 2017

91% would not use a robo-adviser

91% would not use a robo-adviser

Despite an increased focus on robo-advice, 91% of consumers would not let a robo-adviser manage and make decisions about their finances.

01 Jun 2017

Together expands intermediary business team

Together expands intermediary business team

Specialist lender Together has made two further appointments to its business development team as it continues to grow.

01 Jun 2017

Evolution parent secures £100m in funding

Evolution parent secures £100m in funding

Manchester-based Darwin Group, parent company of Evolution and Progressive Money, says it is "embarking on exciting expansion plans" after securing £100m in funding.

01 Jun 2017

Newcastle Intermediaries cuts 95% LTV rates

Newcastle Intermediaries cuts 95% LTV rates

Newcastle Intermediaries has refreshed rates on its mortgages with a maximum LTV of 95%.

01 Jun 2017

 

Small DA firms warned over new capital adequacy rules

Small DA firms warned over new capital adequacy rules

TenetSelect, Tenet’s support service provider, has been reminding its directly authorised members about the impending increase to capital adequacy requirements and the options available to them if they are unable to reach or maintain that capital.

01 Jun 2017

VitalityLife launches adviser incentives on indexed policies

VitalityLife launches adviser incentives on indexed policies

VitalityLife is launching a new initiative to boost the take-up of the indexation option on all protection policies as concern about inflation continues to grow.

01 Jun 2017

New financial trade association PIMFA launches

New financial trade association PIMFA launches

The Association of Professional Financial Advisers and the Wealth Management Association have officially merged today to form The Personal Investment Management & Financial Advice Association.

01 Jun 2017

Broker introduced fixed-rates hit record high

Broker introduced fixed-rates hit record high

Preference for fixed rate mortgages reached an all-time high in Q1 2017, according to Paragon Mortgages research.

01 Jun 2017

Which mortgage providers offer the best and worst intermediary service?

Which mortgage providers offer the best and worst intermediary service?

Tesco Bank scored the highest marks for best intermediary mortgage provider online experience, according to a new report looking at the best and worst online experiences for 19 major mortgage intermediaries.

01 Jun 2017

House prices see most sustained decline since 2009: Nationwide

House prices see most sustained decline since 2009: Nationwide

House prices continued to fall in May, seeing a third consecutive monthly decline for the first time since 2009, according to the latest Nationwide house price index.

01 Jun 2017

BM Solutions launches free remortgage valuations

BM Solutions launches free remortgage valuations

BM Solutions is offering borrowers free valuations on remortgages to mark the launch of a new product range.

31 May 2017

Advice firm's FCA permissions revoked over unpaid fees

Advice firm's FCA permissions revoked over unpaid fees

Nottingham-based advice firm Logic Financial Solutions Ltd has had its permissions cancelled by the FCA after failing to pay its regulatory fees.

31 May 2017

Secure Trust Bank partners with Finance Advice Group

Secure Trust Bank partners with Finance Advice Group

The mortgages division of Secure Trust Bank has announced a new directly authorised broker partnership with Finance Advice Group.

31 May 2017

Tenet partners with Foundation Home Loans

Tenet partners with Foundation Home Loans

Tenet has partnered with Foundation Home Loans, enabling its members to go direct rather than through a packager.

31 May 2017

Santander cuts Help to Buy and fee-free rates

Santander cuts Help to Buy and fee-free rates

From today, Santander is reducing rates across its Help to Buy: Equity Loan Scheme as well as cutting selected zero fee fixed rates and launching a new exclusive 75% LTV rate.

31 May 2017

Mortgage lending falls to 12-month low: BoE

Mortgage lending falls to 12-month low: BoE

Net mortgage lending fell to £2.7 billion in April, the lowest since April 2016, according to the latest Bank of England Money and Credit figures.

31 May 2017

The Mortgage Lender increases proc fees by £250

The Mortgage Lender increases proc fees by £250

The Mortgage Lender is marking its one-year anniversary with a £250 increase in procuration fees.

31 May 2017

Remortgaging "propping up" slowing mortgage market: LMS

Remortgaging "propping up" slowing mortgage market: LMS

Remortgaging activity propped up a slowing mortgage market in April, accounting for 33% of total lending, LMS data shows.

31 May 2017

London Money expands second charge offering

London Money expands second charge offering

London Money has expanded its presence in the second charge mortgage market by opening a satellite office in Cardiff.

31 May 2017

New mortgage club The Adviser Alliance open for applications

New mortgage club The Adviser Alliance open for applications

The Adviser Alliance is now open for applications, promising to offer the maximum permitted procuration fee and an enhanced profit share, based on a subscription based business model.

31 May 2017

TSB increases high-LTV rates by 0.10%

TSB increases high-LTV rates by 0.10%

TSB has today announced increases to its residential house purchase and remortgage rates.

30 May 2017

First Complete & Pink report record mortgage and protection sales

First Complete & Pink report record mortgage and protection sales

First Complete and Pink have reported that their mortgage, protection and general insurance sales hit record highs in March 2017.

30 May 2017

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