Latest News

Connells awarded building society valuation contract

Legal

Connells awarded building society valuation contract

Valuation panel management and chartered surveyors Connells Survey & Valuation today announces it has been awarded an exclusive long-term contract to deliver valuation panel management services to Principality Building Society.

31 Jul 2014

Pace of house price growth slows in July

Mortgages

Pace of house price growth slows in July

UK house prices recorded their fifteenth successive monthly increase in July - but the pace of growth slowed, according to the latest house price index from Nationwide.

31 Jul 2014

FSE Manchester 2014 - David Whittaker, Mortgages for Business

Mortgages

FSE Manchester 2014 - David Whittaker, Mortgages for Business

At FSE Manchester this year, we chatted to David Whittaker, Mortgages for Business.

30 Jul 2014

Virgin Money cuts rates by up to 0.40%

Mortgages

Virgin Money cuts rates by up to 0.40%

Virgin Money has reduced a number of rates across its residential and buy-to-let mortgage ranges. All products will be available from Thursday 31 July 2014.

30 Jul 2014

Lenders rather than borrowers to pick up tab on defaulted loans?

Latest News

Lenders rather than borrowers to pick up tab on defaulted loans?

Protection specialist British Money warns that lenders who in the future offer credit without providing a suitable mechanism to ensure continuity of payments will not be able to force borrowers to repay their loans.

30 Jul 2014

Smart Money offers compliance consultancy to introducers

Smart Money offers compliance consultancy to introducers

Smart Money, the specialist lending distributor, is making the services of its compliance department available to introducing brokers needing help to gain their full permissions for second charge advice.

30 Jul 2014

7-year window for clawing back banker bonuses introduced

Latest News

7-year window for clawing back banker bonuses introduced

The PRA and FCA have today published two joint consultation papers which outline a new regime for banking accountability, including new rules on clawing back banker bonuses up to seven years after they were awarded or issued.

30 Jul 2014

Three payday loan adverts banned by ASA

Latest News

Three payday loan adverts banned by ASA

Three payday loan adverts have been banned today by the Advertising Standards Authority following a complaint made by Citizens Advice earlier this year.

30 Jul 2014

Enterprise Finance appoints five new BDMs

Enterprise Finance appoints five new BDMs

Specialist loans distributor, Enterprise Finance, has announced the addition of five new business development managers to its fast-growing team.

30 Jul 2014

CML revises lending forecast after higher transactions

Mortgages

CML revises lending forecast after higher transactions

The CML has revised its lending forecasts for this year after housing transactions were higher than expected towards the end of 2013 and beginning of this year.

29 Jul 2014

 

MT Finance appoints head of marketing and communications

Latest News

MT Finance appoints head of marketing and communications

As part of the company’s growth strategy, West End-based bridging lender MTF has appointed Millie Dyson as its Head of Marketing and Communications.

29 Jul 2014

Why we should build a design-led financial world

Why we should build a design-led financial world

[SPECIAL FEATURE: Majid Shabir, CEO, Instinct Studios]

29 Jul 2014

Mortgage approvals begin to rise: BoE

Mortgages

Mortgage approvals begin to rise: BoE

Mortgage approvals grew month-on-month in June for the first time since January, according to the Bank of England.

29 Jul 2014

Post-Budget uncertainty triggers 43% annuity sales drop

Retirement

Post-Budget uncertainty triggers 43% annuity sales drop

Post-Budget uncertainty has triggered a 43.8% annual fall in advised annuity sales, according to the inaugural At Retirement Report by IRESS.

29 Jul 2014

Brokers can help first time buyers protect their investment

Brokers can help first time buyers protect their investment

[SPECIAL FEATURE: Gary Duggan, CEO, Paymentshield]

29 Jul 2014

Personal insolvencies back to post-recession levels

Latest News

Personal insolvencies back to post-recession levels

Figures from the Insolvency Service show that personal insolvencies in England and Wales increased in the second quarter to 27,029, their highest rate since the third quarter of 2012 and 5.1% higher than the same period 12 months ago.

29 Jul 2014

Leeds BS adds new member to intermediary team

Latest News

Leeds BS adds new member to intermediary team

Leeds Building Society is delighted to announce that Mark Collar has joined its intermediary team as Corporate Account Manager.

29 Jul 2014

Homeowners concerned about securing finance post-MMR

Mortgages

Homeowners concerned about securing finance post-MMR

UK homeowners remain very confident that property values will continue to rise over the second half of this year, but are concerned about mortgage availability as a result of new lending criteria following the Mortgage Market Review.

29 Jul 2014

British Money offers new risk reporting tool

Latest News

British Money offers new risk reporting tool

Payment protection specialist British Money is helping lenders fulfil their risk and governance controls through the provision of a bespoke risk reporting tool known as the Conduct Risk Dashboard.

29 Jul 2014

Tyrie brands LBG's behaviour 'appalling'

Latest News

Tyrie brands LBG's behaviour 'appalling'

Andrew Tyrie MP has commented on the 'appalling behaviour' leading to yesterday's announcement that the FCA has fined Lloyds Banking Group £105m for failings related to LIBOR and other benchmarks.

29 Jul 2014

RateSetter appoints first non-exec chairman

RateSetter appoints first non-exec chairman

P2P lender RateSetter today announced that Alan Hughes will become the company’s first Non-Executive Chairman.

28 Jul 2014

Lloyds fined £105m over LIBOR and benchmark failings

Latest News

Lloyds fined £105m over LIBOR and benchmark failings

Lloyds Banking Group has been fined £105m by the FCA for trying to manipulate Libor and other benchmark failings, it has been announced.

28 Jul 2014

Dragonfly passes £1bn lending since launch

Dragonfly passes £1bn lending since launch

Dragonfly Property Finance, the UK short- and medium-term lender, today announced it has broken through £1bn of lending since its launch in 2009.

28 Jul 2014

Leeds relaunches BTL range with rates from 2.65%

Mortgages

Leeds relaunches BTL range with rates from 2.65%

Leeds Building Society has relaunched its range of short term fixed rate BTL mortgages, with rates starting from a competitive 2.65%.

28 Jul 2014

Delaying annuity until new rules is a gamble, says MGM Advantage

Retirement

Delaying annuity until new rules is a gamble, says MGM Advantage

MGM Advantage, the retirement income specialist, has crunched the numbers to see whether it could pay to delay your annuity purchase.

28 Jul 2014

FTB transactions in H1 highest in seven years

Mortgages

FTB transactions in H1 highest in seven years

The first half of 2014 saw 30,000 more first-time buyers get on the housing ladder than in H1 2013, according to the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains, part of LSL Property Services.

28 Jul 2014

House prices up 6.4% boosted by London's double-digit growth

Latest News

House prices up 6.4% boosted by London's double-digit growth

The June data from Land Registry's House Price Index shows an annual price increase of 6.4% which takes the average property value in England and Wales to £172,011.

28 Jul 2014

P2P lending doubles in six months

P2P lending doubles in six months

New figures released today by the P2PFA show that peer-to-peer lenders lent over £500million of new money in the first half of 2014 alone, demonstrating a further acceleration in the growth rate of this important new sector.

28 Jul 2014

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