Latest News

AI software CleverAdviser tops £1bn of assets

AI software CleverAdviser tops £1bn of assets

CleverAdviser, the cloud-based fund analysis software for IFAs which uses artificial intelligence, has reported passing the milestone of passing £1 billion of clients’ assets through the process.

14 Aug 2017

Standard Life & Aberdeen Asset Mgmt merger confirmed

Standard Life & Aberdeen Asset Mgmt merger confirmed

The £11bn merger between Standard Life and Aberdeen Asset Management has completed, the group has reported today.

14 Aug 2017

FTBs need good advice to beat expensive rental market, say Choice Finance

FTBs need good advice to beat expensive rental market, say Choice Finance

Buying rather than renting will, with the right advice, set British FTBs up for a 'double win', Choice Finance has said today.

14 Aug 2017

Paymentshield goes paperless on home insurance

Paymentshield goes paperless on home insurance

Provider of insurance to the mortgage intermediary market, Paymentshield, has announced that customers will now receive their Home Insurance policy documents online.

14 Aug 2017

Parents 'must be aware' of hidden costs in helping children with deposits

Parents 'must be aware' of hidden costs in helping children with deposits

Parents need to be aware of a wide range of unexpected costs and risks when helping their children with a house deposit, according to new research from mutual insurer Royal London.

14 Aug 2017

Remortgage rates creep up in Q1: Moneyfacts

Remortgage rates creep up in Q1: Moneyfacts

Remortgage customers have been able to benefit from some of the lowest rates ever seen, in recent months, yet research from Moneyfacts shows that time may be up for these competitive deals.

14 Aug 2017

Housing market 'pauses for breath' in July

Housing market 'pauses for breath' in July

According to the latest report from YourMove, the housing market paused for breath in July, dipping just 0.2%, reducing the annual rate of house price inflation to 2.9% – the lowest since July 2013.

14 Aug 2017

Bridging loan activity hits £150m in Q2

Bridging loan activity hits £150m in Q2

According to the latest data and analysis from Bridging Trends, during the second quarter of 2017, bridging loan activity peaked to £150.1m.

11 Aug 2017

Are you ready for second charge's second wind?

Are you ready for second charge's second wind?

How much do you have to say something before people start to believe it’s the truth? I ask this, not because I’m planning on starting some elaborate lie, but rather because I’m puzzled by an industry ‘belief’ that contradicts the evidence.

11 Aug 2017

Cash payments down 11% as consumers switch to contactless

Cash payments down 11% as consumers switch to contactless

New data published today by UK Finance has revealed that although cash remains king, the crown appears to be slipping as cash payments decreased by 11% between 2015 and 2016.

11 Aug 2017

 

Landbay adds Positive Lending to distribution panel

Landbay adds Positive Lending to distribution panel

Specialist buy to let mortgage lender, Landbay, has announced today that it has formed a new partnership with Positive Lending, adding the specialist distributor to its panel of distribution partners.

11 Aug 2017

Scottish Widows expands remortgage range

Scottish Widows expands remortgage range

Scottish Widows Bank has announced this morning that it has launched new rates on its Flexible remortgage products as well as expanding its product range.

11 Aug 2017

Lloyds announce new-build lending extension

Lloyds announce new-build lending extension

From today, Lloyds Banking Group will implement changes to its lending policy on new-build properties including extending its cap on new build mortgages available through Halifax.

11 Aug 2017

Openwork announce new Customer Protection Panel Chair

Openwork announce new Customer Protection Panel Chair

Financial advice network, Openwork, which supports over 3,200 advisers, has announced the appointment of Sarah Howe to chair its new Customer Protection Panel.

11 Aug 2017

Natwest announce three figure rate reductions on select BTL products

Natwest announce three figure rate reductions on select BTL products

NatWest has announced today that it has introduced several 'significant' rate reductions across its core BTL range in addition to reducing the product fees by £1,000 on several buy-to-let products.

11 Aug 2017

Unrealistic sellers struggling to downsize

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Unrealistic sellers struggling to downsize

New research for equity release referral service Key Partnerships has revealed a surge in inquiries from customers looking to raise cash by downsizing - however, unrealistic sellers are struggling to find homes.

10 Aug 2017

Are fixed fees more attractive than percentage-based adviser charging?

Are fixed fees more attractive than percentage-based adviser charging?

A new survey from Drewberry Wealth & Protection, has revealed that 50% of working Britons would prefer to pay a fixed rate for ‘standard’ pieces of advice work.

10 Aug 2017

BTL Hub launches at TMA

BTL Hub launches at TMA

TMA has announced that in order to support advisers ahead of the upcoming PRA changes, it has launched a purpose built website - the ‘BTL Hub’.

10 Aug 2017

RICS: UK property market grinds to a halt

RICS: UK property market grinds to a halt

The latest data and analysis from RICS paints a stark picture of the current state of the UK housing market.

10 Aug 2017

Mortgage arrears at lowest level in 23 years

Mortgage arrears at lowest level in 23 years

According to the latest report from UK Finance, the number of mortgages in arrears of 2.5% or more of the outstanding balance declined to 88,200 in the second quarter of this year, the lowest level since at least 1994 when this run of data began.

10 Aug 2017

Second charge mortgage repossessions down 10%

Second charge mortgage repossessions down 10%

New figures released today by the Finance & Leasing Association have revealed that the number of second charge mortgage repossessions in Q2 2017 was 36, 10% lower than in the same quarter in 2016.

10 Aug 2017

Positive Lending adds Mansfield to lending panel

Positive Lending adds Mansfield to lending panel

Specialist packager, Positive Lending, has announced that they have continued to expand their mortgage lending panel with the addition of Mansfield Building Society.

10 Aug 2017

Reasoning is the key to widening second charge appeal

Reasoning is the key to widening second charge appeal

According to Fluent for Adviser and Zing Mortgages, argued reasoning, rather than trying to bludgeon advisers into accepting, is the way to help second charge lending gain greater traction in the wider lending market.

10 Aug 2017

Tavistock Financial acquired by Sanlam

Tavistock Financial acquired by Sanlam

Sanlam UK – part of Sanlam Limited, the global financial services group – today announced that it has acquired the financial adviser network business of Tavistock Financial Ltd, from Tavistock Investments Plc.

10 Aug 2017

LendInvest makes London Stock Exchange debut with £50m raise

LendInvest makes London Stock Exchange debut with £50m raise

LendInvest has listed a £50 million retail bond on the London Stock Exchange.

10 Aug 2017

20% of advisers planning robo-advice proposition

20% of advisers planning robo-advice proposition

Industry attitudes to robo-advice appear to be shifting with one fifth of financial advisers set to launch their own robo-advice propositions in the future, according to Panacea Adviser research.

09 Aug 2017

New home registrations in line with 2016: NHBC

New home registrations in line with 2016: NHBC

Developers registered 40,000 new homes to be built in the UK during Q2 2017, thanks to a rise in the affordable homes sector, according to NHBC statistics.

09 Aug 2017

L&G becomes biggest lifetime mortgage provider in H1

L&G becomes biggest lifetime mortgage provider in H1

Legal & General Home Finance was the largest provider of lifetime mortgages in H1 2017, achieving a market share of 30% across the first six months of the year, according to its H1 results released today.

09 Aug 2017

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