Latest News

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

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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%

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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

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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

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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

Scottish Widows shows commitment to annuity market with new hire

Retirement

Scottish Widows shows commitment to annuity market with new hire

Scottish Widows has underlined its long term commitment to the annuities and retirement market with the appointment of Stuart Paton Evans to a newly created director level role.

23 Apr 2014

British Friendly partners with Panacea Adviser

Latest News

British Friendly partners with Panacea Adviser

Panacea Adviser, the online community and resource for regulated financial advisers has today announced that income protection specialist, British Friendly has joined its growing list of partner provider firms.

23 Apr 2014

Mortgage Brain introduces rate rise analysis function

Mortgages

Mortgage Brain introduces rate rise analysis function

Mortgage Brain has developed and launched a Rate Shock analysis capability to enable brokers to instantly identify the effect of rate increases.

23 Apr 2014

FCA appoints two senior advisers

Latest News

FCA appoints two senior advisers

David Saunders and Gunner Burkhart have been appointed as senior advisers at the Financial Conduct Authority.

23 Apr 2014

Vizolution launches into pension market

Retirement

Vizolution launches into pension market

Vizolution has launched its screen sharing solution vScreen into the pensions sector as a solution for the 13 million people promised free and impartial advice by the Chancellor in the recent budget announcement.

23 Apr 2014

Masthaven establishes new funding line from RBS

Masthaven establishes new funding line from RBS

Masthaven Secured Loans has announced the establishment of its first bank funding line, having successfully concluded negotiations for a significant new facility through Royal Bank of Scotland.

23 Apr 2014

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