Latest News

Borro TV ad banned for 'irresponsible' content

Borro TV ad banned for 'irresponsible' content

An advert from Borro has been banned by the Advertising Standards Authority after three viewers complained about whether it irresponsibly encouraged consumers to take out loans for non-essential purposes, such as holidays and leisure activities

21 Aug 2014

Fifth of Shawbrook's STLs complete within 10 days, released data shows

Fifth of Shawbrook's STLs complete within 10 days, released data shows

Today, for the first time, Shawbrook Bank’s Commercial Mortgages division is making public its performance across its Service Level Agreement metrics.

21 Aug 2014

Total Conveyancing Services develop two new apprenticeships

Legal

Total Conveyancing Services develop two new apprenticeships

Total Conveyancing Services is part of a consortium that have developed two new apprenticeships, offering individuals the opportunity to become a licensed conveyancer or a registered conveyancing technician.

21 Aug 2014

Later Life Academy appoints new development manager

Retirement

Later Life Academy appoints new development manager

The Later Life Academy, the commercial and training organisation for later life advisers, has announced the appointment of Ray McCarthy as its new National Development Manager.

21 Aug 2014

IRESS results see boost from UK contribution

Mortgages

IRESS results see boost from UK contribution

IRESS Limited today announced underlying group profit of $A36.3 million (£20.3m) for the six months to 30 June 2014, up 39.0% on the prior corresponding period.

21 Aug 2014

Bridging market 'firing on all cylinders'

Bridging market 'firing on all cylinders'

Since the enforcement of new rules on mainstream mortgage lenders, the bridging industry has witnessed a rapid acceleration in its pace of growth, according to the latest West One Bridging Index.

21 Aug 2014

FEATURE: When it comes to redress – is the FCA up to the task?

FEATURE: When it comes to redress – is the FCA up to the task?

The Financial Conduct Authority was always going to have a fight on its hands.

20 Aug 2014

MMR and the rule of unintended consequences

Duncan Kreeger - West One Loans

MMR and the rule of unintended consequences

With the Mortgage Market Review constricting the activity of mainstream lenders, providers of alternative finance are keeping opportunities flowing, writes Duncan Kreeger, director of West One Loans.

20 Aug 2014

51% of homeowners unconcerned about base rate rise

Mortgages

51% of homeowners unconcerned about base rate rise

With a base rate rise drawing ever closer, a Halifax survey has found that around half (51%) of UK homeowners are unconcerned about a rate rise and the impact that it could have on their mortgage repayments over the next 12 months.

20 Aug 2014

We took on the Ice Bucket Challenge for charity!

We took on the Ice Bucket Challenge for charity!

Barcadia Media director Andy Shields is never one to shy away from a challenge for charity.

20 Aug 2014

 

The Lending Wizard secures £2 million loan

The Lending Wizard secures £2 million loan

The Lending Wizard, the loan sourcing portal for brokers from Freedom Finance, today reveals that it has secured one of the biggest loan deals in UK history.

20 Aug 2014

Rate rise discussion moves from 'if' to 'when'

Latest News

Rate rise discussion moves from 'if' to 'when'

Two members of the Bank of England monetary policy committee voted for an interest rate rise, minutes from this month’s MPC meeting show.

20 Aug 2014

Mortgage lending highest since August 2008: CML

Mortgages

Mortgage lending highest since August 2008: CML

The Council of Mortgage Lenders estimates that gross mortgage lending reached £19.1 billion in July.

20 Aug 2014

Xafinity freezes SIPP fees

Retirement

Xafinity freezes SIPP fees

Xafinity, one of the UK’s leading SIPP providers, has frozen its fees for the coming year.

20 Aug 2014

Remortgage sees 21% surge back to action

Mortgages

Remortgage sees 21% surge back to action

After months of lying dormant, the remortgage market experienced a surge of activity in July, with remortgage applications up 21% in a month according to the latest National Mortgage Index from Mortgage Advice Bureau.

20 Aug 2014

Average retirement now lasts 20 years

Retirement

Average retirement now lasts 20 years

People turning 65 this year can expect to average nearly 20 years in retirement, according to new analysis published today by Prudential.

20 Aug 2014

Evolution Money adds Director of Compliance to board

Latest News

Evolution Money adds Director of Compliance to board

Evolution Money have announced today the appointment of Steve Capewell who will join the Board as Director of Compliance and will operate from their Manchester office.

19 Aug 2014

Coventry launches 90% LTV range

Mortgages

Coventry launches 90% LTV range

Coventry Building Society the launch of highly competitive residential range, with Flexx for Term and fixed rate options available at up to 90% LTV.

19 Aug 2014

Broker concern about sufficient funding eases

Latest News

Broker concern about sufficient funding eases

Confidence about the mortgage market’s health remains high amongst mortgage intermediaries despite a small decrease in the overall index score, according to the latest data from NatWest.

19 Aug 2014

Accord unveils range of BTL products from 2.94%

Accord unveils range of BTL products from 2.94%

Accord Buy To Let has launched a great new range of mortgage products aimed at borrowers looking to invest in properties.

19 Aug 2014

House price growth strong across UK - not just South East

Mortgages

House price growth strong across UK - not just South East

UK house prices increased by 10.2% in the year to June 2014, down from 10.4% in the year to May 2014, according to the latest House Price Index from the ONS.

19 Aug 2014

Halifax to refund 2 months' mortgage interest

Mortgages

Halifax to refund 2 months' mortgage interest

Halifax is offering to refund 2 months’ interest on mortgages for homemovers and first time buyers, as part of its latest offer for mortgage customers.

19 Aug 2014

Paymentshield launches home buyer's protection

Paymentshield launches home buyer's protection

Insurance provider Paymentshield has today launched a new protection product, specifically targeted at those buying a new home or moving house.

19 Aug 2014

Ombudsman warns about payday loans middlemen

Latest News

Ombudsman warns about payday loans middlemen

The ombudsman today spoke out about websites that take hundreds of pounds from unwitting consumers on the promise of finding cheap credit, only for the loans never to materialise.

19 Aug 2014

New Challenger SME bank reports strong growth

Latest News

New Challenger SME bank reports strong growth

Cambridge & Counties Bank has announced a strong increase in business for the six months to the end of June 2014.

18 Aug 2014

1 in 3 savers have “actively enquired” about raiding their pension pots

Retirement

1 in 3 savers have “actively enquired” about raiding their pension pots

deVere Group reports that since all restrictions to pension fund access will be scrapped from April 2015, approximately one in three clients who have pensions have sought advice on accessing retirement savings.

18 Aug 2014

The Chartered Insurance Institute launches new mortgage advice qualification

Mortgages

The Chartered Insurance Institute launches new mortgage advice qualification

Mortgage adviser demand sees launch of new level 4 qualification.

18 Aug 2014

LendInvest confirms it has completed over £100m of mortgage investments

LendInvest confirms it has completed over £100m of mortgage investments

Launched in May last year, and with the release of these figures, LendInvest confirms its position as the fourth largest P2P lender in the UK.

18 Aug 2014

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