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Advisers 'riding a wave of opportunity in 2017': Aegon

Advisers 'riding a wave of opportunity in 2017': Aegon

Financial advisers "are riding a wave of opportunity in 2017", with three quarters expecting an increase in clients over the next 12 months, according to a report from Aegon.

13 Sep 2017

Equity release products triple since 2007

Equity release products triple since 2007

The number of product options offered by members of The Equity Release Council grew by 34% in the year to August 2017, taking the number of product options available to 78.

13 Sep 2017

Affordability gap doubles since financial crisis: YBS

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Affordability gap doubles since financial crisis: YBS

The gap between the least and most affordable parts of Britain has almost doubled since the financial crisis, according to Yorkshire Building Society research.

13 Sep 2017

Mansfield BS simplifies ICR ahead of BTL changes

Mansfield BS simplifies ICR ahead of BTL changes

The Mansfield Building Society has implemented further changes to simplify the Interest Coverage Ratio it applies when assessing affordability, ahead of the PRA’s changes for underwriting buy-to-let portfolio landlords.

12 Sep 2017

Half of buy-to-let brokers don't understand upcoming PRA changes

Half of buy-to-let brokers don't understand upcoming PRA changes

Just 54% of brokers are comfortable that they fully understand what the upcoming PRA changes for portfolio landlords entail, and what they will mean for their business, according to research from Kent Reliance.

12 Sep 2017

Can client fact-finding become an effective time saver?

Can client fact-finding become an effective time saver?

There are not many mortgage and protection advisers who would challenge that client engagement isn’t a good thing. Engaged clients are more responsive, more likely recommend and more likely to purchase. Therefore, it makes sense to introduce this engagement as early in the process as possible, but can this be achieved in a such a way that is beneficial to both the client and adviser?

12 Sep 2017

High-LTV lending hits record high: BoE

High-LTV lending hits record high: BoE

The share of new lending in the highest LTI brackets has increased to its highest level for both single and joint incomes (10.8% and 33.4% respectively) since the Bank of England made its LTI flow limit recommendation in June 2014.

12 Sep 2017

Remortgaging rebounds in July as FTB lending dips: UK Finance

Remortgaging rebounds in July as FTB lending dips: UK Finance

UK Finance data shows that on a seasonally adjusted basis, lending to first-time buyers and home movers declined in value in July. Conversely, value and number of people remortgaging increased, and there was a smaller increase in both the value and volume of buy-to-let lending.

12 Sep 2017

CPI inflation rises to 2.9%

CPI inflation rises to 2.9%

The Consumer Prices Index 12-month inflation rate rose to 2.9% in August, up from 2.6% in July, according to the latest ONS data.

12 Sep 2017

Does a focus on two-year deals deliver poor advice?

Does a focus on two-year deals deliver poor advice?

Mortgage and protection network JLM Mortgage Services believes that advisers who continue to focus on a two-year mortgage ‘churn’ deals are delivering ‘poor advice’ to their clients.

12 Sep 2017

 

Secure Trust Bank partners with SimplyBiz

Secure Trust Bank partners with SimplyBiz

Secure Trust Bank Mortgages has partnered with SimplyBiz Group to provide members of its mortgage club access to Secure Trust's full range.

12 Sep 2017

Skipton relaunches intermediary only three-year fixes

Skipton relaunches intermediary only three-year fixes

Skipton has relaunched its range of three-year fixed rate products, available to intermediaries only.

12 Sep 2017

New listings drop 13% in August

New listings drop 13% in August

The number of new property listings across the UK fell by 13.1% in August compared to July, according to online estate agents HouseSimple.

12 Sep 2017

Connect partners with criteria search system Knowledge Bank

Connect partners with criteria search system Knowledge Bank

Connect for Intermediaries is the first network and packager to partner with criteria search system Knowledge Bank.

12 Sep 2017

HSBC removes valuation fees

HSBC removes valuation fees

HSBC has scrapped all standard valuation fees for mortgage customers.

11 Sep 2017

Together grows loan book by 24% to £2.24bn

Together grows loan book by 24% to £2.24bn

Together's full year results for the year ended 30 June 2017 show loan book growth of 24.4% to £2.24bn, with originations averaging over £98.8m per month.

11 Sep 2017

Bluestone appoints Steve Seal as sales & distribution director

Bluestone appoints Steve Seal as sales & distribution director

Bluestone Mortgages has appointed Steve Seal to the newly created role of Director of Sales & Distribution.

11 Sep 2017

Specialist market a golden opportunity for advisers, says Complete FS

Specialist market a golden opportunity for advisers, says Complete FS

Although overall lending volumes are stagnant or down, "we need to look beyond the headlines and see how buoyant the rest of the lending market is”, according to Tony Salentino, Director at Complete FS.

11 Sep 2017

FSE is around the corner – a key question for brokers – should you diversify?

FSE is around the corner – a key question for brokers – should you diversify?

There has been an explosion of new lending products over the last few years. Basic ones, such as traditional bank loans, shouldn’t be disregarded, but it is clear that with invoice financing, secured and unsecured options all available on the market, there is a lot to manage. On top of this, each provider has slightly different conditions and requirements for their products.

11 Sep 2017

London mortgage prisoners face £9,400 annual interest payments

London mortgage prisoners face £9,400 annual interest payments

Mortgage prisoners trapped on their lender’s SVR in London are being hit with £9,364 in annual interest payments - more than a third of the average disposable income in the capital, according to Trussle research.

11 Sep 2017

Santander launches record low remortgage products

Santander launches record low remortgage products

Santander has cut rates on its fixed two and five-year fee-free remortgage products.

11 Sep 2017

Openwork to fund wealth adviser training for mortgage advisers

Openwork to fund wealth adviser training for mortgage advisers

Openwork has launched ‘Route to Wealth’, a new study programme which will support firms to upskill mortgage advisers to fully qualified wealth advisers.

11 Sep 2017

Sanlam UK appoints Head of Distribution

Sanlam UK appoints Head of Distribution

Sanlam UK has appointed John Pyburn as its new Head of UK Distribution.

11 Sep 2017

Family BS appoints BDM for Outer London

Family BS appoints BDM for Outer London

Family Building Society has appointed Roger Churaman as a Business Development Manager.

11 Sep 2017

First Direct halves fees across entire mortgage range

First Direct halves fees across entire mortgage range

First Direct has cut both the booking and arrangement fees across its entire mortgage range.

11 Sep 2017

Just Mortgages business up 45% after broker support launch

Just Mortgages business up 45% after broker support launch

Just Mortgages brokers who received a new level of support over a six month pilot period have written an average of 45% more business than they did without it.

11 Sep 2017

NIESR predicts Q1 rate rise as GDP grows by 0.4%

NIESR predicts Q1 rate rise as GDP grows by 0.4%

NIESR estimates GDP growth of 0.4% in the three months to August 2017 after growth of 0.2% in the three months to July.

08 Sep 2017

Scrapping free legals is a major step forward

Scrapping free legals is a major step forward

Sometimes full-scale change in the mortgage market can be a long time coming – just ask those who have been campaigning and calling for the payment of retention procuration fees for the past decade. In previous years changing one lender’s position on this was something of a monumental victory so to see it become almost akin to an industry ‘norm’ over the last six to 12 months is not just welcome but proof that when one moves it’s very difficult for others not to follow.

08 Sep 2017

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