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Shawbrook partners with AToM to offer 55 Plus product

Shawbrook partners with AToM to offer 55 Plus product

Shawbrook Bank has partnered with AToM to provide a packaging service for its 55 Plus Interest-Only Mortgage.

26 Jul 2017

Conveyancing output surges 69% as workload increases

Conveyancing output surges 69% as workload increases

Productivity levels in the conveyancing market have soared by 69% in the past four years, from 71 cases per year in 2012 to 120 cases per year in 2016, according to Search Acumen data.

26 Jul 2017

Precise revamps Help to Buy range

Precise revamps Help to Buy range

Precise Mortgages has made a series of enhancements to its Help to Buy range, backed up by a service commitment to ensure cases are turned around within three weeks.

26 Jul 2017

Coventry cuts five-year fixed rates by up to 0.24%

Coventry cuts five-year fixed rates by up to 0.24%

Coventry for intermediaries has reduced residential five-year fixed rates by up to 0.24%.

26 Jul 2017

Accord amends BTL criteria ahead of PRA changes

Accord amends BTL criteria ahead of PRA changes

Accord Buy To Let has updated its lending criteria for portfolio landlords in accordance with stricter underwriting standards which come into effect on 30 September.

25 Jul 2017

Nationwide relaunches three-year fixed rates

Nationwide relaunches three-year fixed rates

From tomorrow, Nationwide Building Society is reintroducing its three-year fixed rate mortgage range.

25 Jul 2017

New industry body for data movement and automation launches

New industry body for data movement and automation launches

A new, independent industry body for Standards and Governance has launched in a bid to revolutionise data movement and automation processes in the long-term savings, investment and protection markets.

25 Jul 2017

Virgin Money launches custom build and shared ownership ranges

Virgin Money launches custom build and shared ownership ranges

Virgin Money has extended its new build proposition with the launch of new custom build and shared ownership ranges.

25 Jul 2017

Government to ban new build leaseholds

Government to ban new build leaseholds

The government has set out new proposals to ban new build houses being sold as leasehold as well as setting ground rents - which in some cases are doubling every 10 years - to zero levels.

25 Jul 2017

Mortgage Advice Bureau revenue up 15% in H1

Mortgage Advice Bureau revenue up 15% in H1

Mortgage Advice Bureau has reported a 15% rise in revenue to £49 million in H1 2017, driven by a 14% increase in the average number of advisers to 974 over the period.

25 Jul 2017

 

SimplyBiz launches new DB pension transfer bureau

SimplyBiz launches new DB pension transfer bureau

The SimplyBiz Group has launched a new DB pension transfer bureau in partnership with Creative Wealth Management.

25 Jul 2017

First-time buyer sales up 30% as market 'bounces back': NAEA

First-time buyer sales up 30% as market 'bounces back': NAEA

The housing market 'bounced back' in June after the period of political uncertainty, as demand rose but supply fell further, according to the National Association of Estate Agents.

25 Jul 2017

Mortgage lenders beginning to push boundaries, warns BoE

Mortgage lenders beginning to push boundaries, warns BoE

The Bank of England says it is seeing "some tentative signs of boundaries being pushed in mortgage lending", warning that the industry could be entering a "spiral of complacency".

25 Jul 2017

Twenty7Tec launches robo advice solution for intermediaries

Twenty7Tec launches robo advice solution for intermediaries

Twenty7Tec has announced a series of enhancements to its MortgageSource system to support mortgage intermediaries looking to offer robo advice to their clients.

25 Jul 2017

Former Schroders trader ordered to pay FCA £350,000

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Former Schroders trader ordered to pay FCA £350,000

Convicted former Schroders trader Damian Clarke has had a confiscation order of £350,000 made against him during a sitting at Southwark Crown Court today.

24 Jul 2017

Leeds cuts buy-to-let rates by up to 0.25%

Leeds cuts buy-to-let rates by up to 0.25%

Leeds Building Society has reduced rates on its fixed rate buy-to-let deals by up to 0.25%.

24 Jul 2017

95% LTV rates rise by 0.35% in 2017

95% LTV rates rise by 0.35% in 2017

The average two-year fixed rate at 95% LTV has increased by 0.10% since April and 0.35% since the start of the year, according to Moneyfacts data.

24 Jul 2017

YBS launches record low 95% LTV at 3.15%

YBS launches record low 95% LTV at 3.15%

Yorkshire Building Society has reduced its 95% LTV two-year fixed rate mortgage to 3.15% with £250 cashback.

24 Jul 2017

FCA sets out guidance for new anti-money laundering unit

FCA sets out guidance for new anti-money laundering unit

The FCA has launched a consultation regarding the new Office for Professional Body AML Supervision (OPBAS) which will be created within the FCA.

24 Jul 2017

IMF cuts UK's 2017 growth forecast to 1.7%

IMF cuts UK's 2017 growth forecast to 1.7%

The International Monetary Fund has lowered its 2017 growth forecast for the UK to 1.7%.

24 Jul 2017

TMW confirms August launch date for broker proc fees

TMW confirms August launch date for broker proc fees

The Mortgage Works, part of the Nationwide Group, has confirmed that it will pay a 0.20% procuration fee for retention business for all applications from 1 August.

24 Jul 2017

Hometrack appoints L&G's Andrew Vaughan

Hometrack appoints L&G's Andrew Vaughan

Hometrack has appointed Andrew Vaughan and Piero Bassu to its senior team.

24 Jul 2017

Consumers choosing financial security over rates or service

Consumers choosing financial security over rates or service

British consumers view security as the most important factor when selecting a bank or savings account, ahead of interest rates or good customer service, according to a survey from Aldermore.

24 Jul 2017

FCA issues new data requirement rules for pension providers

FCA issues new data requirement rules for pension providers

The FCA has published its final rules requiring providers of pensions, annuities and income drawdown to complete two new regulatory returns.

24 Jul 2017

Remortgaging becomes most active sector as FTB figures dip

Remortgaging becomes most active sector as FTB figures dip

33% of property valuations came from homeowners or landlords remortgaging in June, according to Connells Survey & Valuation.

24 Jul 2017

In the Spotlight with David Harbour, e.surv

In the Spotlight with David Harbour, e.surv

We spoke to David Harbour, Chief Surveyor at e.surv, about the current challenges impacting valuations and what's next for the surveying industry.

21 Jul 2017

Swallowing the bitter pill of debt in retirement

Swallowing the bitter pill of debt in retirement

A house becomes a home when we become emotionally attached. Everyone wants to be comfortable in their surroundings, and the family home is surely the bedrock of most people’s lives. However, more than ever before, the home is becoming inextricably linked to our financial well-being, but societal norms and opinions have been slow to catch up, leading to many, especially those in retirement, suffering undue stress and shame. Even in 2017, we still have a society where borrowing money in later life, no matter how big or small the amount, is almost always seen as completely negative.

21 Jul 2017

18% of earnings need to be saved for adequate retirement: ILC-UK

18% of earnings need to be saved for adequate retirement: ILC-UK

A report by the International Longevity Centre – UK has deemed the UK pension system "sustainable but inadequate", warning that young people face a "monumental savings challenge" to ensure a decent retirement income.

21 Jul 2017

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