Latest News

GDP passes pre-recession peak with 0.8%

Latest News

GDP passes pre-recession peak with 0.8%

UK GDP grew at 0.8% in the second quarter of 2014, taking the economy past its pre-crisis levels, according to the latest GDP data from the ONS.

25 Jul 2014

72% of clients considering blended retirement product

Retirement

72% of clients considering blended retirement product

New research from LV= reveals that three quarters (72%) of advisers say that clients have started to request a guaranteed income and future flexibility since the Budget, with many considering a combination of retirement income products.

25 Jul 2014

Personal Finance Society launches CPD app

Latest News

Personal Finance Society launches CPD app

Personal Finance Society members can now monitor, maintain and update CPD records on their smartphones.

25 Jul 2014

FTB sales jump 27% in a year

Mortgages

FTB sales jump 27% in a year

The first half of 2014 saw 30,000 more first-time buyers get on the housing ladder than in H1 2013, according to the latest First Time Buyer Opinion Barometer from Your Move and Reeds Rains, part of LSL Property Services.

25 Jul 2014

Remortgage lending recovers from dip

Mortgages

Remortgage lending recovers from dip

LMS latest figures reveal that the average remortgage loan has risen to £163,161 (a 5% increase from last month and 9% higher than June 2013), representing the largest amount ever recorded and a result of rising house prices.

25 Jul 2014

Annuities still 'fair value' for money

Retirement

Annuities still 'fair value' for money

Many lifetime annuities offer fair value for money according to new research by Jonquil Lowe of the True Potential Centre for the Public Understanding of Finance at The Open University Business School.

25 Jul 2014

Bridgebank Capital enhances user experience with new website

Latest News

Bridgebank Capital enhances user experience with new website

As part of the continued development of the Bridgebank Capital business, the company has launched a fully re-designed website with increased functionality, to support user experience.

24 Jul 2014

Yorkshire BS reports gross lending up 50%

Latest News

Yorkshire BS reports gross lending up 50%

Yorkshire Building Society has today announced a very strong first half performance for 2014, increasing core operating profit by 30% and new lending by 50%, providing almost one-fifth of UK net mortgage lending in the period.

24 Jul 2014

Panacea Adviser announces partnership with Mortgage Brain

Mortgages

Panacea Adviser announces partnership with Mortgage Brain

Panacea Adviser, the online community and resource for financial advisers, has today announced Mortgage Brain as its latest partner firm.

24 Jul 2014

Welsh are most concerned about raising a mortgage deposit

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Welsh are most concerned about raising a mortgage deposit

The majority of the Welsh public believe their greatest challenge to securing the home they want is current interest rates and the ability to raise a deposit, according to a new report.

24 Jul 2014

 

FSE Manchester 2014 - Robert Sinclair, Association of Mortgage Intermediaries

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FSE Manchester 2014 - Robert Sinclair, Association of Mortgage Intermediaries

We spoke to Robert Sinclair, Association of Mortgage Intermediaries, at the recent FSE Manchester.

24 Jul 2014

IMLA & AMI reach landmark agreement on broker panel removals

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IMLA & AMI reach landmark agreement on broker panel removals

IMLA and AMI have published a joint framework for lender and intermediary relationships following MMR.

24 Jul 2014

Brokers optimistic - but believe funding is the most likely challenge ahead

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Brokers optimistic - but believe funding is the most likely challenge ahead

Shawbrook Bank’s latest Broker Barometer has revealed that, across the board, brokers are optimistic about the future and believe that continued stable growth is on the cards.

24 Jul 2014

Virgin removes minimum income cap on Help to Buy

Virgin removes minimum income cap on Help to Buy

Virgin Money is removing the £30,000 minimum income threshold for mortgage products which make up its Help to Buy Equity Loan range.

24 Jul 2014

Paragon reports 94% increase in BTL lending

to let signs

Paragon reports 94% increase in BTL lending

Paragon Mortgages’ parent company, The Paragon Group of Companies, has today announced results for the period 1 April 2014 to 30 June 2014.

24 Jul 2014

Leeds widens range of short term fixed rates

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Leeds widens range of short term fixed rates

Leeds Building Society has announced a wider range of two year fixed rate products for buyers looking for short term deal.

24 Jul 2014

Legal & General adopts Mortgage Brain sourcing system

Mortgages

Legal & General adopts Mortgage Brain sourcing system

Legal & General, one of the UK’s largest financial services providers, is offering Mortgage Brain’s award winning sourcing system, MortgageBrain, as one of its mortgage sourcing technology solutions to its AR Network.

24 Jul 2014

FOS appoints new chief

Latest News

FOS appoints new chief

The board of the Financial Ombudsman Service today announced that it has appointed Caroline Wayman as chief ombudsman and chief executive – to succeed Natalie Ceeney who stepped down in November 2013 after four years in the post.

23 Jul 2014

New building society partners with Brilliant Solutions

Mortgages

New building society partners with Brilliant Solutions

The newly-launched Family Building Society has commenced the outsourced of its mortgage origination processing to the mortgage specialists, Brilliant Solutions.

23 Jul 2014

MAB team cycles to Paris for charity

Latest News

MAB team cycles to Paris for charity

Four employees of Mortgage Advice Bureau are teaming up with nine other cyclists and will be using their pedal power to embark on a challenging ride from London to Paris in three days, in aid of the Alex’s Wish charity.

23 Jul 2014

Skipton sells mortgage servicing arm for £47m

Mortgages

Skipton sells mortgage servicing arm for £47m

Skipton Building Society today announced the sale of Homeloan Management Limited, its mortgage servicing subsidiary, in a deal worth £47.5m.

23 Jul 2014

Zurich increases financial underwriting limits for life and CI insurance

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Zurich increases financial underwriting limits for life and CI insurance

Insurer Zurich has increased its financial evidence limits for customers applying for life and critical illness insurance, so that getting cover is quicker and easier for both advisers and their customers.

23 Jul 2014

LV= moves to fully electronic annuity process

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LV= moves to fully electronic annuity process

Retirement specialist LV= is the first provider to move to a fully electronic annuity application process with technology provider, TOMAS.

23 Jul 2014

FCA imposes ban on Financial Group for failing to control ARs

Latest News

FCA imposes ban on Financial Group for failing to control ARs

The FCA has used its suspension power for the first time, banning two of the Financial Group’s subsidiaries from recruiting new Appointed Representatives and individual advisers for a period of four and a half months.

23 Jul 2014

New rules set to 'break shackles on annuity design', says Just Retirement

Retirement

New rules set to 'break shackles on annuity design', says Just Retirement

Retirees seeking guaranteed income but scared they may die early and not get their investment returned are likely to be among the winners of the pension changes unveiled this week, predicts Just Retirement.

23 Jul 2014

Record-breaking P2P loan from LendInvest repaid

Record-breaking P2P loan from LendInvest repaid

LendInvest has today confirmed that its world record breaking peer-to-peer loan has now been repaid.

23 Jul 2014

Mortgage approvals rising after 4 months of decline: BBA

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Mortgage approvals rising after 4 months of decline: BBA

Gross mortgage borrowing of £11.2 billion was 24% higher than in June last year, according to the latest data from the BBA.

23 Jul 2014

Supplying the student rental market in England's Northeast

Supplying the student rental market in England's Northeast

[Blog from Sarah Woolf, Business Development Manager, Shawbrook Bank]

23 Jul 2014

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