Latest News

MGM Advantage extends cooling off period for annuities

Retirement

MGM Advantage extends cooling off period for annuities

MGM Advantage has announced an extension to the cooling off period for annuities, following the recent Budget announcement.

26 Mar 2014

Advisers cite admin as biggest concern post-MMR

Mortgages

Advisers cite admin as biggest concern post-MMR

A month out from the MMR deadline and 91% of mortgage advisers feel they are either prepared or very prepared, with almost three quarters (72%) believing the changes will be positive for their business, new research from Intelliflo has found.

26 Mar 2014

SimplyBiz launches commercial mortgages proposition

SimplyBiz launches commercial mortgages proposition

SimplyBiz Mortgages has launched a new commercial mortgages referral proposition in collaboration with Brilliant Solutions and Finance 4 Business.

26 Mar 2014

Santander fined £12.4m over advice failings

Latest News

Santander fined £12.4m over advice failings

Santander has been fined £12,377,800 by the Financial Conduct Authority after the regulator uncovered serious failings in the way it offered financial advice from its bank.

26 Mar 2014

Government to sell further stake in Lloyds Banking Group

Latest News

Government to sell further stake in Lloyds Banking Group

UK Financial Investments has advised the Chancellor George Osborne to sell another part of the government’s shareholding in Lloyds Banking Group.

26 Mar 2014

CML: One month until MMR

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CML: One month until MMR

The CML has today confirmed it will work closely with lenders in the build-up to the new mortgage rules implemented by MMR on 26th April.

26 Mar 2014

Aldermore announces £333 million securitisation deal

Latest News

Aldermore announces £333 million securitisation deal

Aldermore Bank has today announced a £333 million AAA UK RMBS transaction, the first such deal Aldermore has entered into.

25 Mar 2014

AOBP reveals lender panel for annual forum

AOBP reveals lender panel for annual forum

The Association of Bridging Professionals is proud to announce the panel of eight lenders that will take to the stage at the annual AOBP April Forum 2014.

25 Mar 2014

Freedom Finance reports record month as consumer confidence grows

Latest News

Freedom Finance reports record month as consumer confidence grows

Loan broker Freedom Finance today reveals that it completed a record month in February signalling growing consumer confidence.

25 Mar 2014

LV= to offer only own occupation income protection

Protection

LV= to offer only own occupation income protection

Protection specialist LV= is to now only offer customers own occupation income protection cover.

25 Mar 2014

 

House prices increasingly strong - up 6.8% in January: ONS

Mortgages

House prices increasingly strong - up 6.8% in January: ONS

UK house prices increased by 6.8% in January 2014 compared with a year earlier, up from 5.5% in December 2013, according to the latest ONS House Price Index.

25 Mar 2014

Crowdfunding platform SyndicateRoom gets FCA authorisation

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Crowdfunding platform SyndicateRoom gets FCA authorisation

Just over six months since it launched, the equity crowdfunding platform SyndicateRoom has become only the third of its kind to be directly authorised by the FCA.

25 Mar 2014

Mortgage approvals up 53%: BBA

Mortgages

Mortgage approvals up 53%: BBA

New mortgage lending and approvals for buying new homes are around 50% higher than a year ago, according to the latest information from the British Bankers' Associaton.

25 Mar 2014

96% of buyers opt for fixed rates

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96% of buyers opt for fixed rates

More than 19 out of every 20 buyers (96%) seeking a mortgage applied for a fixed rate product last month, beating the previous high of 94% recorded in December 2013 and January 2014.

25 Mar 2014

Broker role will become 'crucial' for lenders post-MMR

Mortgages

Broker role will become 'crucial' for lenders post-MMR

First Mortgage has claimed that lenders will become increasingly reliant on the strength of their relationships with intermediaries in the post MMR landscape.

25 Mar 2014

Mortgage broker jailed for £3.5m fraud

Mortgages

Mortgage broker jailed for £3.5m fraud

A mortgage broker from the North East has been jailed for six years following a long-running investigation into fraud which involved more than 50 victims and almost £3.5m.

24 Mar 2014

Half of consumers have debts with non-traditional lenders

Latest News

Half of consumers have debts with non-traditional lenders

The latest research for Debt Advisory Centre reveals that 45.4% of consumers use one or more type of non-traditional finance (other than payday loans), such as store cards, hire purchase, doorstep loans or credit union loans.

24 Mar 2014

West Brom confirms MMR readiness

Mortgages

West Brom confirms MMR readiness

The West Brom has confirmed it is now processing all new mortgage applications in accordance with the rules of the Mortgage Market Review, just over a month in advance of the regulator’s official deadline.

24 Mar 2014

Buyers wait for 3.6 years before making a move

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Buyers wait for 3.6 years before making a move

According to a new survey released today 52% of UK adults are considering a house move or getting on the property ladder, but most (63%) think that they will be unlikely to fulfil their new-home dreams in the next 12 months.

24 Mar 2014

Help to Buy not just helping Londoners, says buyer profile

Mortgages

Help to Buy not just helping Londoners, says buyer profile

Aldermore Bank has drawn up a profile of their typical Help to Buy: mortgage guarantee applicant, showing that the scheme is not only helping buyers in the South East and London.

24 Mar 2014

Dragonfly passes £500m milestone

Dragonfly passes £500m milestone

Short and medium term lender, Dragonfly Property Finance has announced it has redeemed more than £500m of loans since its launch in 2009. In March, the lender also passed 1500 loans completed.

24 Mar 2014

Savings overhaul comes at the right time, says Lloyds

Savings & Investments

Savings overhaul comes at the right time, says Lloyds

Lloyds Bank has found consumers are saving a third more than in May 2013, just after the Government has delivered a Budget that will overhaul tax-free individual savings accounts.

24 Mar 2014

First Complete announces MMR training sessions

Mortgages

First Complete announces MMR training sessions

First Complete has announced MMR training sessions for its appointed representatives, taking place at seven locations around the country in April.

24 Mar 2014

Supply of homes reaches its lowest for a decade

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Supply of homes reaches its lowest for a decade

The NAEA has announced a dip in the number of properties available in February.

24 Mar 2014

Regentsmead to hold specialist lending seminar

Regentsmead to hold specialist lending seminar

80% of developers in the UK have concerns about raising finance for various projects over the next twelve months, according to latest research from Regentsmead.

24 Mar 2014

Annuity guarantee and cooling off periods extended by Partnership

Retirement

Annuity guarantee and cooling off periods extended by Partnership

Following the budget announcement yesterday, Partnership – the specialist annuity provider – has extended its Annuity Guarantee and Cooling-off periods.

21 Mar 2014

New savings products launched by Shawbrook

Retirement

New savings products launched by Shawbrook

Shawbrook Bank has launched four new savings products for personal customers.

21 Mar 2014

Recovery in housing market highlighted in Chancellor's budget

Latest News

Recovery in housing market highlighted in Chancellor's budget

Lack of property headlines in the 2014 Budget shows government’s confidence in housing market recovery.

21 Mar 2014

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