Latest News

Boosting remortgage approvals: Barclays quarterly review

Boosting remortgage approvals: Barclays quarterly review

[SPECIAL FEATURE: Andy Gray, Managing Director of Mortgages at Barclays]

04 Nov 2014

Almost half don't expect to own a home

Almost half don't expect to own a home

A new survey of non-homeowners conducted for mortgage and home loans broker Ocean Finance has revealed that the number of homeowners may continue to decline.

04 Nov 2014

Santander: mortgage lending up 59%

Santander: mortgage lending up 59%

Santander's quarterly management statement, published today revealed net mortgage lending is up £1.9bn year to date to £150bn.

04 Nov 2014

Co-op launches lowest ever 2 year fix

Co-op launches lowest ever 2 year fix

The Co-operative Bank today gave borrowers the opportunity to secure their mortgage at even more competitive rates by launching its lowest ever 2 year fix and making reductions across its fixed rate mortgage range.

04 Nov 2014

Iress: annuity demand sees 10.5% monthly rise

Iress: annuity demand sees 10.5% monthly rise

Annuity demand has shown signs of stabilising despite rates tumbling, according to the latest At Retirement Report by IRESS, the leading supplier of wealth management, financial markets and mortgage systems.

04 Nov 2014

Kensington appoints Barclays' Sarah Green for 2015 growth plans

Kensington appoints Barclays' Sarah Green for 2015 growth plans

Specialist lender Kensington Mortgages has appointed former Barclays head of national accounts Sarah Green as its new head of sales and marketing.

04 Nov 2014

Barings targets pensions with multi-asset rebrand

Barings targets pensions with multi-asset rebrand

Baring Asset Management has become the latest group to launch a fund targetting the pensions market in the wake of its reforms.

04 Nov 2014

L&G: individual annuities down 61% in Q3

shutterstock_167623811.jpg

L&G: individual annuities down 61% in Q3

In their Q3 results published today, Legal and General stated that 'following the budget reforms, individual annuity sales in the quarter reduced to £125m, down 61%'.

04 Nov 2014

1.7m over 50s unable to pay interest only mortgages

1.7m over 50s unable to pay interest only mortgages

Research by Saga Personal Finance shows that four in 10 over 50s are paying off a mortgage worth on average £49,000.

04 Nov 2014

AFH to expand in 2015

AFH to expand in 2015

Listed financial adviser AFH Financial plans to expand its national presence during 2015 by acquiring firms in London and the South East.

04 Nov 2014

 

Virgin Money to float by end of month

Virgin Money to float by end of month

Virgin Money has today confirmed that it plans to proceed with its intention to apply for the admission of its ordinary shares to the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange.

04 Nov 2014

Loans Warehouse becomes patron of the NACFB

Loans Warehouse becomes patron of the NACFB

Loans Warehouse has become the first consumer finance specialist to become a Patron of the NACFB.

04 Nov 2014

Zopa lends £250m in 12 months

Zopa lends £250m in 12 months

Peer-to-peer lending platform Zopa, has today announced it has lent a quarter of a billion pounds (£250m) in 12 months to UK borrowers.

03 Nov 2014

TV ad encourages pensioners to seek independent advice

TV ad encourages pensioners to seek independent advice

IFA comparison service VouchedFor.co.uk has launched a TV advertising campaign encouraging prospective retirees to seek independent advice as an alternative to the Government’s pensions guidance guarantee.

03 Nov 2014

Post Office launches new mortgage rates

Post Office launches new mortgage rates

Post Office has today launched six new mortgage deals.

03 Nov 2014

Seven Families campaign launches

Seven Families campaign launches

The Income Protection Task Force’s Seven Families campaign has launched today.

03 Nov 2014

Rising house prices free 400,000 'mortgage prisoners'

Rising house prices free 400,000 'mortgage prisoners'

Rising house prices and increased availability to higher loan-to-value lending has meant there has been a sharp fall in the number of households unable to remortgage, according to findings in Countrywide plc’s latest Quarterly Market Review.

03 Nov 2014

HSBC to pay £237m for FCA forex investigation

HSBC to pay £237m for FCA forex investigation

HSBC has set aside £237m to cover the costs of an FCA investigation into the manipulation of foreign exchange markets.

03 Nov 2014

Tesco eyes £1bn from banking sale

Tesco eyes £1bn from banking sale

Troubled supermarket giant Tesco is considering the sale of part of its banking arm in a stockmarket listing worth up to £1bn.

03 Nov 2014

3mc announces Precise-funded BTL deal

3mc announces Precise-funded BTL deal

3mc has today announced the launch of a shared exclusive buy-to-let mortgage deal, funded by Precise Mortgages.

03 Nov 2014

AFH's assets reach £900m with Knight O’Byrne acquisition

AFH's assets reach £900m with Knight O’Byrne acquisition

Consolidator AFH Financial has acquired the assets of Cornwall-based chartered financial planners Knight O’Byrne Limited for a maximum of £1.2m, adding £51m of funds under management.

03 Nov 2014

Virgin Money's mortgage completions up 19% in Q3

Virgin Money's mortgage completions up 19% in Q3

Virgin Money has announced increased gross mortgage lending during Q3 with mortgage completions 19% higher than the average of the first two quarters. The company’s mortgage book increased by 3% to £20.9 billion at the end of the quarter.

03 Nov 2014

Monmouthshire BS increases BTL proc fees

Monmouthshire BS increases BTL proc fees

Monmouthshire Building Society has increased procuration fees on Buy to Let, Holiday Lets and Buy for Uni mortgages submitted through intermediaries.

03 Nov 2014

Is there a difference between bridging finance and short term lending?

Is there a difference between bridging finance and short term lending?

[SPECIAL FEATURE: Keith Aldridge, Managing Director, Capital Bridging Finance Limited]

31 Oct 2014

Jeremy Duncombe, Director of Mortgages at Legal & General

Jeremy Duncombe, Director of Mortgages at Legal & General

Financial Reporter spoke to Jeremy Duncombe, Director of Mortgages at Legal & General, about how brokers should 'never' pick a lender based on proc fees and opportunities for remortgage.

31 Oct 2014

Yorkshire BS cuts rates on 95% fixes

Yorkshire BS cuts rates on 95% fixes

Yorkshire Building Society have today announced rate reductions for borrowers with a 5% deposit.

31 Oct 2014

Nearly half will turn to advisers for pension advice

Nearly half will turn to advisers for pension advice

Nearly half of consumers (44%) due to retire within the next decade will be looking to advisers to help them make financial choices, according to new research published today by leading insurer Zurich.

31 Oct 2014

FCA raises "serious concerns" over SIPP transfer scheme

FCA raises "serious concerns" over SIPP transfer scheme

“Serious concerns” have been raised by the Financial Conduct Authority over a pension transer scheme which has seen up to 100 savers switch as much as £4m into SIPPs with underlying investments in an AIM-listed company in return for cash back incentives.

31 Oct 2014

Latest Money Careers

Popular this week

Buy-to-let
Roadshow 2017

15th - 23rd November

4 days
7 specialists
4 locations
Free to attend

Click here to register now