Latest News

Skipton increases mortgage rates following high demand

Mortgages

Skipton increases mortgage rates following high demand

On Monday 19th May Skipton Building Society will be re-pricing some of its two, three and five year fixed rate residential mortgage range, following unprecedented demand.

16 May 2014

Payday loan companies warned to raise advertising standards by FCA

Latest News

Payday loan companies warned to raise advertising standards by FCA

The findings come as FCA statistics show that 1 in 5 adverts from consumer credit firms fell short of the FCA’s financial promotion expectations - although most firms were quick to make changes once the shortcomings were pointed out.

16 May 2014

Rent rises fall to just 0.6%, less than half the latest rate of inflation

Latest News

Rent rises fall to just 0.6%, less than half the latest rate of inflation

Rent rises across England and Wales have slowed to less than half the current rate of inflation, according to the latest Buy-to-Let Index from LSL Property Services plc.

16 May 2014

Provide mortgage protection automatically, British Money urges lenders

Mortgages

Provide mortgage protection automatically, British Money urges lenders

British Money is calling for High Street lenders to prevent first time buyers from falling into arrears by automatically including mortgage protection within their mortgage offer.

16 May 2014

Broker optimism soars to highest level in 5 years

Mortgages

Broker optimism soars to highest level in 5 years

Confidence in the mortgage market has rocketed to its highest level since Q2 2009 when the survey began as intermediaries become increasingly positive about its overall outlook according to Halifax.

16 May 2014

Leeds launches 5-year fixed cash ISA

Savings & Investments

Leeds launches 5-year fixed cash ISA

Savers able to lock away their money for the longer term are being offered a new five year fixed rate Cash ISA from Leeds Building Society with a best buy rate of 2.85% tax-free pa/AER (fixed).

16 May 2014

75% think annuities remain fit for purpose

Retirement

75% think annuities remain fit for purpose

Research from pension service provider Equiniti Paymaster shows that the annuity market recognises the need for significant change.

15 May 2014

NatWest introduces new BTL products to intermediary range

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NatWest introduces new BTL products to intermediary range

As part of its commitment to support intermediaries in the ‘amateur landlord’ buy-to-let sector, NatWest Intermediary Solutions is launching twelve new deals and making some significant rate cuts in its buy-to-let range.

15 May 2014

Broker fined £630,000 for LIBOR failings

Latest News

Broker fined £630,000 for LIBOR failings

The Financial Conduct Authority has fined Martin Brokers £630,000 for misconduct relating to LIBOR.

15 May 2014

Housing starts at highest level since 2007

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Housing starts at highest level since 2007

New figures released today by the DCLG demonstrate how government housebuilding schemes are having an effect.

15 May 2014

 

IRESS joins with LV= & Aviva for electronic annuity service

Retirement

IRESS joins with LV= & Aviva for electronic annuity service

IRESS today announces the launch of a new submission service for annuities on The Exchange, with LV= and Aviva the first partners.

15 May 2014

FTB loans up 24% in March: CML

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FTB loans up 24% in March: CML

New data from the CML today showed first-time buyers in March took out 24,400 loans, an increase of 9% compared to February and up 24% compared to March 2013.

15 May 2014

Remortgage activity continues to grow: CML

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Remortgage activity continues to grow: CML

Home-owner remortgage activity in March increased to 25,000 loans, up 2% compared to February and an increase of 5% compared to March 2013, according to the Council of Mortgage Lenders.

15 May 2014

Number of mortgages in Q1 up 20% on last year: CML

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Number of mortgages in Q1 up 20% on last year: CML

New CML data released today shows the total number of new loans to home-owners for house purchase increased 4% in March compared to the previous month and was 17% up on March 2013.

15 May 2014

BTL up 54% year on year: CML

colourful front doors

BTL up 54% year on year: CML

Buy-to-let lending saw a rise in March by both volume and value on the previous month, according the data from the CML today.

15 May 2014

Rate rises still some way off, suggests Carney

blue screen numbers

Rate rises still some way off, suggests Carney

Bank of England governor Mark Carney today suggested an interest rate rise could still be some way off.

14 May 2014

Norton conquers the Three Peaks for charity

Latest News

Norton conquers the Three Peaks for charity

A team from The Norton Finance Group recently completed the Three Peaks of Pen-y-ghent, Whernside and Ingleborough in the Yorkshire Dales National Park, raising money for local charity, Bluebell Wood Children’s Hospice

14 May 2014

Technology holds the key for advisers

Blogs

Technology holds the key for advisers

[BLOG: Peter Bradshaw, National Accounts Director, Selectapension]

14 May 2014

Masthaven wins broker praise for good service

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Masthaven wins broker praise for good service

Masthaven Secured Loans, which has instigated a survey among its introducers to provide regular feedback on its performance, has reported a fundamental thumbs up in terms of its service and flexibility.

14 May 2014

Newcastle launches 10-year fixed rate

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Newcastle launches 10-year fixed rate

A 10-year fixed rate mortgage has been launched with a max LTV of 80% and no early repayment charges after five years.

14 May 2014

Record number of mortgage complaints made to FOS

Record number of mortgage complaints made to FOS

The Financial Ombudsman Service today reveals that record numbers of consumers are making mortgage complaints – but increasing numbers of people are letting the situation get out of hand before seeking the help they need.

14 May 2014

BIBA urges insurance industry never to turn consumers away

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BIBA urges insurance industry never to turn consumers away

The British Insurance Brokers’ Association has today called on the insurance industry never to turn consumers away if they cannot insure them.

14 May 2014

Source Insurance partners with LV= to help brokers

Protection

Source Insurance partners with LV= to help brokers

Source Insurance, the specialist GI provider, has launched Source Express in response to demand from brokers for a faster and more streamlined household insurance product in the face of severe time constraints.

14 May 2014

Clear preference for fixed rates remains, say brokers

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Clear preference for fixed rates remains, say brokers

There is a clear preference among borrowers for fixed rate mortgages in the wider mortgage market, accounting for 77% of intermediaries’ mortgage business, according to BTL specialist Paragon Mortgages.

14 May 2014

AXA joins Berkeley Alexander panel

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AXA joins Berkeley Alexander panel

Berkeley Alexander, has today announced AXA as the latest addition to the panel of household insurers on its broker Quote & Buy system.

14 May 2014

Smart Money proves commitment to compliance

Latest News

Smart Money proves commitment to compliance

Smart Money, the specialist second charge distributor, is demonstrating its commitment to new FCA regulatory conditions by appointing Phillip Bond as Compliance Director.

14 May 2014

Scottish housing recovery stronger than North of England

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Scottish housing recovery stronger than North of England

The housing recovery in Scotland is now stronger than in the North of England, the latest LSL Acadametrics data has shown.

14 May 2014

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

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