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Smaller mortgage lenders see strongest growth: CML

Smaller mortgage lenders see strongest growth: CML

CML data shows that although the 10 largest mortgage lenders continue to undertake the bulk of lending, smaller players made a "major contribution to lending growth" in 2016.

20 Jun 2017

Santander launches private banking offering

Santander launches private banking offering

Santander has announced the launch of Santander Private, a new service providing banking and wealth management services to private clients, business owners and entrepreneurs.

20 Jun 2017

Shawbrook board accepts private equity takeover offer

Shawbrook board accepts private equity takeover offer

Shawbrook Group Directors have recommended that shareholders accept the final offer from BC Partners and Pollen Street Capital for 75.6% of Shawbrook's shares.

20 Jun 2017

Investec appoints Business Development Manager

Investec appoints Business Development Manager

Investec Private Banking has appointed James Glynne-Percy as a Business Development Manager.

20 Jun 2017

Carney: Now is not the time to raise interest rates

Carney: Now is not the time to raise interest rates

Bank of England governor Mark Carney has said that from his perspective, "now is not yet the time" to begin raising interest rates.

20 Jun 2017

Crowd2Fund launches into secured lending

Crowd2Fund launches into secured lending

Crowd2Fund has launched a property loan product, secured against residential or commercial property, which qualifies for inclusion within the platform’s IFISA.

20 Jun 2017

Over half of first-time buyers feel unable to negotiate

Over half of first-time buyers feel unable to negotiate

52% of first time buyers admit they have never negotiated, with a further 53% saying they would fear missing out in the “extremely competitive” market if they were to negotiate.

20 Jun 2017

Barclays and former CEO charged with fraud by SFO

Barclays and former CEO charged with fraud by SFO

The Serious Fraud Office has charged Barclays and four former employees, including former CEO John Varley, with conspiracy to commit fraud and the provision of unlawful financial assistance.

20 Jun 2017

FSE Wales unveils seminar line-up

FSE Wales unveils seminar line-up

FSE Wales has unveiled its full seminar programme for next week’s event.

19 Jun 2017

Make sure your technology stands up to ‘Friday afternoon fraud’

Make sure your technology stands up to ‘Friday afternoon fraud’

Tackling attempts at fraud may not be particularly high on the agenda of most mortgage advisers, certainly when compared for example with lenders and conveyancing firms, however given their critical role within the mortgage and home-buying process, it should certainly be taken seriously and the right systems and controls put in place to deal with it.

19 Jun 2017

 

RateSetter and Al Rayan CEOs named in Queen's honours list

RateSetter and Al Rayan CEOs named in Queen's honours list

Al Rayan Bank CEO, Sultan Choudhury, and RateSetter founder and CEO, Rhydian Lewis, have both received an OBE in the Queen's Birthday Honours list.

19 Jun 2017

Silvana Tenreyro to replace Kristin Forbes on MPC

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Silvana Tenreyro to replace Kristin Forbes on MPC

Professor Silvana Tenreyro has been appointed as an external member of the Bank of England's Monetary Policy Committee.

19 Jun 2017

Metro Bank scraps product fees for existing customers

Metro Bank scraps product fees for existing customers

Metro Bank has removed product fees for existing residential mortgage customers, who will benefit from fee-free products when completing either a residential rate switch or further advance on loans up to £2 million.

19 Jun 2017

Standard Life set to merge with Scottish Widows

Standard Life set to merge with Scottish Widows

Scottish Widows is reportedly planning to merge with rival provider Standard Life.

19 Jun 2017

3mc launches compare and contrast criteria

3mc launches compare and contrast criteria

3mc has enhanced the functionality of its website to enable brokers to compare and contrast the criteria of all lenders on its panel in three steps.

19 Jun 2017

LendInvest hires second Northern BDM

LendInvest hires second Northern BDM

LendInvest has appointed its second BDM for Northern England to satisfy growing demand in the region.

19 Jun 2017

House prices see first June fall in eight years: Rightmove

House prices see first June fall in eight years: Rightmove

The property market is seeing a surge in agreed sales this month as house prices fall by 0.4%, the first fall in June since 2009 at the height of the credit crunch and the first fall this year, according to the latest Rightmove house price index.

19 Jun 2017

IFA Conveyancing launches fixed fee bridging proposition

IFA Conveyancing launches fixed fee bridging proposition

IFA Conveyancing has added a fixed fee bridging loan comparison engine to its residential and commercial proposition.

19 Jun 2017

John Griffith-Jones to leave the FCA

John Griffith-Jones to leave the FCA

John Griffith-Jones, Chairman of the FCA and the Payment Systems Regulator, has confirmed that he will leave both organisations at the end of his term of office on 31 March 2018.

19 Jun 2017

In the Spotlight with Heather Crinion, Marsden BS

In the Spotlight with Heather Crinion, Marsden BS

We spoke to Heather Crinion, General Manager (Operations) at Marsden Building Society, about how intermediaries can best serve older borrowers and the impact that Brexit will have on the wider market.

16 Jun 2017

The new HMRC Trust Registration Service - what advisers need to know

The new HMRC Trust Registration Service - what advisers need to know

At the SimplyBiz Group, we have received numerous calls enquiring about the new HMRC Trusts Registration Service, which is a compulsory online service for lead and corporate trustees that builds on existing tax reporting mechanisms. Given the types of queries we’ve heard, I’d predict that many advisers across the industry have the same questions.

16 Jun 2017

What happens to the housing and mortgage markets post-Election?

What happens to the housing and mortgage markets post-Election?

With the Election result providing perfect clarity – sarcasm - we can now move on to the big question: What happens to the housing and mortgage markets post-Election?

16 Jun 2017

Admiral flouts FCA insurance renewal rules

Admiral flouts FCA insurance renewal rules

Admiral has agreed to contact customers who may have been given inaccurate information in renewal documents.

16 Jun 2017

NCA seizes £600,000 in assets from mortgage fraudsters

NCA seizes £600,000 in assets from mortgage fraudsters

The National Crime Agency has seized assets worth £600,000 from an organised crime group linked to wine and mortgage fraud.

16 Jun 2017

LV= launches instant decision pre-underwriting tool

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LV= launches instant decision pre-underwriting tool

LV= has launched a pre-underwriting tool, in partnership with UnderwriteMe, enabling advisers to check instantly whether a specific illness or condition will result in standard rates, increase premiums, or lead to an exclusion being added to the policy.

16 Jun 2017

Borro CEO Paul Aitken steps down

Borro CEO Paul Aitken steps down

Borro has announced that its CEO and founder Paul Aitken is leaving the firm.

16 Jun 2017

Equity Release Club launches rewards scheme

Equity Release Club launches rewards scheme

Equity Release Club has announced a new member benefit to mark its 10-year anniversary.

16 Jun 2017

Scottish house prices surge to new record highs

Scottish house prices surge to new record highs

House prices have surged in Scotland as the average price of a home rose by £3,217 in April, causing seven regions to reach new peak prices, according to the latest Your Move house price index.

16 Jun 2017

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