Latest News

Experienced manager joins Leeds BS intermediary team

Mortgages

Experienced manager joins Leeds BS intermediary team

An experienced financial services manager has joined Leeds Building Society’s intermediary mortgage team.

13 May 2014

Survey shows demand for P2P investment as savers turn away from banks

Survey shows demand for P2P investment as savers turn away from banks

Frustrated savers are looking to P2P platforms for higher rates of interest than those offered by banks – but want reassurance over the risks before they invest, a national survey has found.

13 May 2014

Demand for prime central London investment increases

Savings & Investments

Demand for prime central London investment increases

Contrary to reports that investment demand in Prime Central London residential has dissipated, the Land Registry statistics for Q1 2014, analysed by London Central Portfolio, have shown that global appetite continues to increase.

13 May 2014

Interest rates must rise soon, warns CBI

blue screen numbers

Interest rates must rise soon, warns CBI

Interest rates will need to rise early next year to avoid prices in the housing market becoming unsustainable, the Confederation of British Industry has warned.

13 May 2014

FSE Manchester show a sell-out

Latest News

FSE Manchester show a sell-out

Front Events has announced that Financial Services Expo Manchester has now sold out for its inaugural show, which will take place at Emirates Old Trafford on 21st May.

13 May 2014

Providers 'must future-proof' pension products

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Providers 'must future-proof' pension products

Today, Altus Consulting has claimed that pension providers must 'get smarter' at developing simpler products to replace annuities in the 'at retirement' market.

13 May 2014

PMS & Sesame launch resi exclusive with Airdrie Savings Bank

Mortgages

PMS & Sesame launch resi exclusive with Airdrie Savings Bank

PMS members and appointed representatives of the Sesame network now have exclusive access to Airdrie Savings Bank’s range of residential products.

13 May 2014

CHL reports BTL arrears continue to fall

to let signs

CHL reports BTL arrears continue to fall

Buy-to-let arrears levels at specialist lender, CHL Mortgages, have continued to fall according to the latest data on its existing mortgage book.

13 May 2014

Younger buyers undeterred by MMR in April

young ftb couple with boxes

Younger buyers undeterred by MMR in April

Remortgage applications were hit the hardest in the run up to April 26 when MMR went live, according to the April National Mortgage Index from MAB - but not everybody was put off by the new process.

13 May 2014

TSB to pay stamp duty on a range of products

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TSB to pay stamp duty on a range of products

TSB is today launching a new offer to help homebuyers with the cost of stamp duty.

12 May 2014

 

Speeding up the protection process

Blogs

Speeding up the protection process

[BLOG: Roger Edwards, Marketing Strategist & Protection Expert]

12 May 2014

Newcastle launches 10-year mortgage up to 80% LTV

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Newcastle launches 10-year mortgage up to 80% LTV

A competitive 10-year fixed rate mortgage will be launched tomorrow by Newcastle Building Society Intermediary Services with a max LTV of 80% and no early repayment charges after five years.

12 May 2014

Budget reforms 'could still leave room for annuities'

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Budget reforms 'could still leave room for annuities'

The Pensions Policy Institute is today publishing the briefing note Freedom and Choice in Pensions: comparing international retirement systems and the role of annuitisation.

12 May 2014

SimplyBiz takes on next series of masterclasses

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SimplyBiz takes on next series of masterclasses

SimplyBiz Mortgages has announced its next series of specialist Masterclasses, taking place across the UK.

12 May 2014

Most professionals worried about funding retirement, finds Wesleyan

Most professionals worried about funding retirement, finds Wesleyan

New research from specialist financial services provider Wesleyan reveals that most professionals are worried that they will not be able to adequately fund their retirement.

12 May 2014

Virgin Money reaches £20bn mortgage mark

Mortgages

Virgin Money reaches £20bn mortgage mark

Virgin Money recently reported that during 2013 it had significantly outperformed market growth by increasing its mortgage balances by 17%. It now confirms that its mortgage balances have exceeded the £20 billion mark

12 May 2014

Target Group appoints software director

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Target Group appoints software director

Target Group, the financial services outsourcing and software provider, today announces the appointment of Christian Burrell as a Software Account Director.

12 May 2014

Enhanced choice annuity launched by Partnership

Retirement

Enhanced choice annuity launched by Partnership

Partnership has launched the Enhanced Choice Annuity: an annuity guaranteeing income for life but with the ability to cash in after 12 months.

12 May 2014

Skipton boosts rates on 3-year bonds

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Skipton boosts rates on 3-year bonds

Skipton Building Society will today launch a new Fixed Rate and E-Bond range which sees rates increase on its three year products.

12 May 2014

Crown Mortgage Management joins IMLA

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Crown Mortgage Management joins IMLA

Crown Mortgage Management has announced that it has become an associate member of the Intermediary Mortgage Lenders Association.

12 May 2014

Bridgebank Capital launches 0.85% fixed rate bridging deal

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Bridgebank Capital launches 0.85% fixed rate bridging deal

Bridgebank Capital has launched a new residential investment BTL bridging product with fixed interest rates.

12 May 2014

Rising house prices force many into higher inheritance tax bills

Rising house prices force many into higher inheritance tax bills

According to wealth adviser Towry, hikes in property prices are pushing many people into larger inheritance tax bills.

12 May 2014

British Money advises government on protection gap

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British Money advises government on protection gap

Protection provider British Money has been in touch with the MP to outline its auto-enrolment solution in response to calls for the Government to take action against the increasing protection gap within the mortgage sector.

12 May 2014

Second charge repossessions drop 43% in Q1

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Second charge repossessions drop 43% in Q1

Figures released by the Finance & Leasing Association show a 43.4% fall in second-charge mortgage repossessions in Q1 2014, compared with the same period last year.

09 May 2014

Co-op stake in bank to fall due to £400m capital raising plans

Latest News

Co-op stake in bank to fall due to £400m capital raising plans

The Co-operative Group is set to see its 30% stake in the Co-op Bank reduced further under a plan to raise capital for the bank.

09 May 2014

Are mainstream bridging lenders 'missing a trick'?

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Are mainstream bridging lenders 'missing a trick'?

Mainstream bridging lenders are so heavily focused on deals in London they’re missing out on opportunities to lend in other areas of the country with strong property prospects, says the director of bridging lender Bath & West.

09 May 2014

FCA should act quickly on new pension rules, warns Treasury Committee

Retirement

FCA should act quickly on new pension rules, warns Treasury Committee

In a report released today regarding the 2014 Budget, the Treasury Committee warned that the FCA should act quickly to stop new pension regulations from negatively affecting consumers.

09 May 2014

Treasury Committee expresses concern over Help to Buy measures

Mortgages

Treasury Committee expresses concern over Help to Buy measures

The Treasury Committee today released its report on the 2014 Budget, noting that while housing bubbles are 'easy to spot in retrospect', taking action in advance is needed to mitigate their negative effects on financial stability.

09 May 2014

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