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NIESR: inflation to hit 4% in 2017

NIESR: inflation to hit 4% in 2017

The National Institute of Economic and Social Research expects CPI inflation to "accelerate rapidly" to reach 4% in late 2017 and remain above the Bank of England’s 2% target until 2020.

02 Nov 2016

Furness launches 1.68% fixed rate online exclusive

Furness launches 1.68% fixed rate online exclusive

Furness Building Society has launched a 1.68% three-year fixed rate online exclusive.

02 Nov 2016

Annual house price growth slows to 4.6%: Nationwide

Annual house price growth slows to 4.6%: Nationwide

After fifteen successive monthly increases, UK house prices were unchanged in October, according to the latest Nationwide house price index.

02 Nov 2016

Intrinsic adds Fluent to lending panel

Intrinsic adds Fluent to lending panel

Fluent for Advisers has joined Intrinsic’s specialist broker panel to provide second charge support to their advisers.

02 Nov 2016

Openwork adds HSBC to lender panel

Openwork adds HSBC to lender panel

Openwork has added HSBC to its lender panel as the network continues to expand the range of mortgages available to its adviser base.

01 Nov 2016

Bank of England's Clara Furse to chair HSBC retail arm

Bank of England's Clara Furse to chair HSBC retail arm

HSBC has announced the appointment of Dame Clara Furse as non-executive chairman of its ring-fenced bank.

01 Nov 2016

The reality of side stepping protection products

The reality of side stepping protection products

In my role as director of sales at Uinsure I spend much of my time talking to brokers and trying to make them understand the importance of adding protection products to their offering - both for their business’ sake and their clients.

01 Nov 2016

Fleet Mortgages refreshes rates and criteria

Fleet Mortgages refreshes rates and criteria

Fleet Mortgages has announced a refresh of its entire product range with new products available for individuals, limited companies and those seeking finance for HMOs and multi-unit blocks.

01 Nov 2016

HMRC investigating £1.9bn HNW tax avoidance

HMRC investigating £1.9bn HNW tax avoidance

HMRC has announced that it has launched an investigation on around a third of high net worth taxpayers over potential unpaid tax totalling £1.9 billion.

01 Nov 2016

FCA bans six over £4.3m investment scam

FCA bans six over £4.3m investment scam

The FCA has prohibited six operators of an unauthorised collective investment scheme from carrying out any regulated activity.

01 Nov 2016

 

AXA completes sales of SunLife and Elevate platform

AXA completes sales of SunLife and Elevate platform

Two of AXA's businesses have completed their sales today - over-50s specialist insurer SunLife is now part of the Phoenix Group while Standard Life has completed the acquisition of AXA's Elevate adviser platform.

01 Nov 2016

Pension savers tempted by record-high DB transfer values

Pension savers tempted by record-high DB transfer values

Nearly one in three retirement savers would consider transferring their guaranteed final salary pension benefits into cash lump sums or defined contribution schemes, according to research from MetLife.

01 Nov 2016

Paradigm adds Tipton & Coseley to panel

Paradigm adds Tipton & Coseley to panel

Paradigm Mortgage Services has added the Tipton & Coseley Building Society to its lender panel.

01 Nov 2016

Sainsbury's Bank to launch mortgage range via intermediaries

Sainsbury's Bank to launch mortgage range via intermediaries

Sainsbury’s Bank has announced its intention to re-enter the mortgage market in the first half of next year.

01 Nov 2016

Mark Carney to remain Bank of England governor until 2019

Mark Carney to remain Bank of England governor until 2019

In a letter to the Chancellor, Mark Carney has confirmed that he will extend his term as governor to the end of June 2019 to secure an "orderly" exit from Europe.

01 Nov 2016

Nationwide increases maximum remortgage LTV to 90%

Nationwide increases maximum remortgage LTV to 90%

From tomorrow, Nationwide is increasing the maximum LTV for customers remortgaging from other lenders on a like-for-like basis from 85% LTV to 90%.

31 Oct 2016

Will a turbulent pound drive pension pots overseas?

Will a turbulent pound drive pension pots overseas?

The turbulent post-referendum pound has triggered a “significant surge” in people seeking advice on moving British pensions out of the UK, according to deVere UK.

31 Oct 2016

Will the Autumn Statement bring more Stamp Duty changes?

Will the Autumn Statement bring more Stamp Duty changes?

Next month we’ll see new chancellor Philip Hammond deliver his first Autumn Statement after one of the strangest years in politics in decades. And while we may have become somewhat immune to shocks after the last 10 months or so, I think it’s fair to say we’re all hoping Mr Hammond’s speech is somewhat on the placid side. Indeed, I’m not sure the market could take any more uncertainty.

31 Oct 2016

Over a third of brokers threatened by robo-advice

Over a third of brokers threatened by robo-advice

Nearly four out of 10 brokers (38%) see the rise of robo-advice as the biggest threat to their business in the next three years, according to research from Legal & General Mortgage Club.

31 Oct 2016

BoE: mortgage approvals rebound in September

BoE: mortgage approvals rebound in September

The number of mortgage approvals totalled 62,932 in September, up from 60,058 in August but slightly below the average of 64,841 over the previous six months, according to the latest Bank of England Money and Credit figures.

31 Oct 2016

Remortgage lending sees 12% monthly drop

Remortgage lending sees 12% monthly drop

Remortgaging had the worst month since the referendum in September, falling by 12% from 34,900 in August to 30,766 in September, according to LMS.

31 Oct 2016

FCA to consider risk-based product levy for FSCS

FCA to consider risk-based product levy for FSCS

Andrew Bailey, chief executive of the FCA, has confirmed that a review into FSCS is "well underway" and that the FCA will publish a consultation paper next month to invite comments on a "range of proposals to enhance the current funding model".

31 Oct 2016

Mortgage approvals down 14% as market reaches 'new normal'

Mortgage approvals down 14% as market reaches 'new normal'

September's mortgage approvals remained steady on a monthly basis but 14% lower than in 2015 as the industry finds its feet following the Referendum, according to e.surv.

31 Oct 2016

Mortgage Intelligence adds Pepper to panel

Mortgage Intelligence adds Pepper to panel

Pepper Homeloans has been appointed to the Mortgage Intelligence lending panel.

31 Oct 2016

Fluent Money partners with new finance comparison website

Fluent Money partners with new finance comparison website

A new finance comparison website, Bright Compare, has announced its launch and partnered with master broker Fluent Money.

31 Oct 2016

Adam Tyler to step down as NACFB CEO

Adam Tyler to step down as NACFB CEO

Adam Tyler, chief executive of the National Association of Commercial Finance Brokers, is to stand down after 11 years.

28 Oct 2016

In the Spotlight with Paul Shearman, Openwork

In the Spotlight with Paul Shearman, Openwork

We spoke to Paul Shearman, Mortgage, Protection and GI Proposition Director at Openwork, about the firm's changing model and the taxation changes affecting buy-to-let.

28 Oct 2016

Principality reduces five-year fixed rates

Principality reduces five-year fixed rates

Principality Building Society has cut rates on its five-year fixed rate residential mortgages, with initial rates starting from 2.20%.

28 Oct 2016

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