Latest News

Growing confidence in BTL market from landlords

to let signs

Growing confidence in BTL market from landlords

In line with trends in Q4 2013, landlords remain positive about the buy-to-let market, a report by Paragon Mortgages has revealed.

29 Apr 2014

GDP increases by 0.8% in Q1

Latest News

GDP increases by 0.8% in Q1

The latest data from the Office for National Statistics revealed that GDP increased by 0.8% in Q1 2014 compared with growth of 0.7% in Q4 2013.

29 Apr 2014

76% increase in advisers rebalancing portfolios

Savings & Investments

76% increase in advisers rebalancing portfolios

New internal data from Selectapension found a 76% increase in advisers rebalancing portfolios for clients in the past year, indicating a growing focus on asset allocation.

29 Apr 2014

Target Group makes smooth MMR transition

Mortgages

Target Group makes smooth MMR transition

Following Saturday’s MMR deadline, Target Group, the financial services outsourcing and software provider, announces today that it had a smooth transition to the new MMR regulations, having been ‘MMR ready’ ahead of the deadline.

29 Apr 2014

£1.2m loan completed in three days by Dragonfly & Positive Lending

£1.2m loan completed in three days by Dragonfly & Positive Lending

Dragonfly Property Finance today announced the completion of a £1.2m bridging loan in just three days, preventing a client of specialist broker, Positive Lending, from losing a sizeable deposit.

29 Apr 2014

L&G Mortgage Club launches new build panel

Mortgages

L&G Mortgage Club launches new build panel

Legal & General Mortgage Club has launched a bespoke panel of new build lenders to meet growing demand in the sector.

28 Apr 2014

Ex-Barclays employees charged in LIBOR investigation

Latest News

Ex-Barclays employees charged in LIBOR investigation

The Serious Fraud Office today announced they have issued criminal proceedings against three former employees of Barclays in connection with the LIBOR investigations.

28 Apr 2014

Asset lender launches with loans up to £1m

Asset lender launches with loans up to £1m

A new alternative lender is launching that will provide individual loans of between £60,000 and £1million to clients against their valuable assets such as classic cars, fine wines, jewellery, yachts, private jets, art and property.

28 Apr 2014

Nucleus chairman to focus on due diligence for advisers

Latest News

Nucleus chairman to focus on due diligence for advisers

Mike Seddon, chairman of Nucleus’s influential advisory board, is focussing his attention on new regulations governing advisers in his role as chairman of the Nucleus advisory board.

28 Apr 2014

FCA to give key note address at FSE Manchester

iStock_000013066103Large.jpg

FCA to give key note address at FSE Manchester

Front Events, organisers of the Financial Services Expo Manchester exhibition for intermediaries, brokers and financial advisers, has today announced the Financial Conduct Authority will be providing the key note address at the show.

28 Apr 2014

 

Prestige launches sub-6% plan to target prime clients

Prestige launches sub-6% plan to target prime clients

Prestige Finance, the intermediary focussed second charge lender, has launched a sub 6% plan in response to broker feedback as well as expanding the options available when broker partners are choosing a valuer.

28 Apr 2014

Treasury bans big bonuses at RBS

Latest News

Treasury bans big bonuses at RBS

RBS has become the first British bank to be told it will not be able to pay the maximum bonuses allowed under the incoming EU cap.

25 Apr 2014

Conveyancing council reviews transparency

Legal

Conveyancing council reviews transparency

The Council for Licensed Conveyancers has today launched a six week consultation asking for views on its proposals for publishing data about the disciplinary history of the individuals and firms it regulates.

25 Apr 2014

MMR will lead to bigger appetite for P2P, says LendInvest

MMR will lead to bigger appetite for P2P, says LendInvest

Tough new mortgage lending rules that examine consumers’ lifestyle and spending habits will see a rise in borrowers turning towards alternative finance providers, according to peer-to-peer mortgage lending platform LendInvest.

25 Apr 2014

FCA appoints Complaints Commissioner

Latest News

FCA appoints Complaints Commissioner

The Bank of England and the Financial Conduct Authority have today announced the appointment of Antony Townsend as Complaints Commissioner.

25 Apr 2014

TBMC launches BTL deal at 2.75%

shutterstock_11061610.jpg

TBMC launches BTL deal at 2.75%

TBMC, the buy-to-let and commercial mortgage specialist, has launched a new exclusive buy-to-let mortgage with Hanley Economic Building Society.

25 Apr 2014

BSA: common sense is key to successful MMR implementation

Mortgages

BSA: common sense is key to successful MMR implementation

With the launch of the new mortgage market review rules just a couple of days away, the BSA is urging for a common sense approach to supervision from the regulator.

25 Apr 2014

Valuations see drop ahead of MMR

shutterstock_114626293.jpg

Valuations see drop ahead of MMR

New mortgage affordability rules coming into force tomorrow have already had an effect on the housing market, according to chartered surveyors Connells Survey & Valuation.

25 Apr 2014

March sees lowest remortgages since 2005

shutterstock_125681588.jpg

March sees lowest remortgages since 2005

March has seen the fewest remortgage loans since 2005, as lenders begin hiking rates and tighten up for MMR, says the latest LMS Remortgage Report.

25 Apr 2014

CMC launches international mortgage guide

Mortgages

CMC launches international mortgage guide

Connect Mortgage Club has launched a new downloadable international and expat mortgage product guide for mortgage brokers and intermediaries.

24 Apr 2014

Buy to Let Club doubles number of brokers in three months

Buy to Let Club doubles number of brokers in three months

Buy to Let Club is celebrating after almost doubling its number of brokers in just three months.

24 Apr 2014

Exeter Family Friendly pays 92% of claims in 2013

Protection

Exeter Family Friendly pays 92% of claims in 2013

Income protection insurer Exeter Family Friendly paid 92% of all claims presented in 2013.

24 Apr 2014

Shawbrook appoints BTL expert as strategic partner

Shawbrook appoints BTL expert as strategic partner

Shawbrook Bank has appointed Reading-based brokerage Commercial Mortgage Desk to its Strategic Partner programme.

24 Apr 2014

Labour looks to cut ties with Co-op Bank

Latest News

Labour looks to cut ties with Co-op Bank

The Labour Party is looking to cut ties with the Co-op Bank, the BBC reported today.

24 Apr 2014

Quarter of mortgage hunters look for deals above 90% LTV

Mortgages

Quarter of mortgage hunters look for deals above 90% LTV

Online searches for deals above 90% LTV jump from 19% to 27% with consumers seeking bigger loans on cheaper properties.

24 Apr 2014

ASTL gains new member

ASTL gains new member

Watts Bridging Finance has joined the ASTL as a full member with effect from the 1st April. This will increase the ASTL’s membership to 27, a 17% increase over this time last year.

24 Apr 2014

Scottish Widows announce new chairman

Scottish Widows announce new chairman

Lloyds Banking Group has announced the appointment of Nick Prettejohn as an independent Non-executive Director of the Group and as Chairman of Scottish Widows Group Limited.

24 Apr 2014

NatWest hikes rates by up to 0.40% for selected products

Mortgages

NatWest hikes rates by up to 0.40% for selected products

NatWest Intermediary Solutions will be increasing rates of between 0.10-0.40% on a number of its fixed rate residential purchase and remortgage deals – the majority being a 0.30% increase or less.

23 Apr 2014

Popular this week

Specialist Lending Roadshow 2017

20th - 28th September

4 days
7 specialists
4 locations
Free to attend

Click here to register now