Latest News

N&P launches low-fee 'best buy' fixed rate at 2.49%

Mortgages

N&P launches low-fee 'best buy' fixed rate at 2.49%

Norwich & Peterborough Building Society is launching a new, low fee three year fixed rate mortgage at a best buy rate of 2.49%.

24 Apr 2013

Funding for Lending Scheme extended by one year

Funding for Lending Scheme extended by one year

The Bank of England and HM Treasury are today announcing an extension to the Funding for Lending Scheme of one year.

24 Apr 2013

Hope Capital offers brokers a procurement fee of 1.5%

Hope Capital offers brokers a procurement fee of 1.5%

Hope Capital Ltd, the short term property bridging finance company, has announced that they will offer a 1.5% procuration fee to all brokers on bridging cases completed before the end of May 2013.

24 Apr 2013

Skandia moves back into critical illness cover

Protection

Skandia moves back into critical illness cover

Skandia, part of Old Mutual Wealth, today announces the launch of a new critical illness product. The move will see Skandia set a new benchmark for quality cover in the critical illness space.

23 Apr 2013

Islamic Bank of Britain cuts rates for Sharia-compliant BTL mortgage

Mortgages

Islamic Bank of Britain cuts rates for Sharia-compliant BTL mortgage

Islamic Bank of Britain, the UK’s only wholly Sharia compliant retail bank, has lowered the rental rate for its Sharia compliant Buy to Let Purchase Plan product range.

23 Apr 2013

Aldermore offers completion and electronic transfer fees option on mortgages

Mortgages

Aldermore offers completion and electronic transfer fees option on mortgages

Aldermore is giving mortgage borrowers the option to add completion and electronic transfer fees to their loans.

23 Apr 2013

The Mortgage Alliance adds TBMC to lending panel

The Mortgage Alliance adds TBMC to lending panel

The Mortgage Alliance today announces the addition of The Business Mortgage Company to its lender panel.

23 Apr 2013

Shawbrook expands Strategic Partner network for commercial lending

Shawbrook expands Strategic Partner network for commercial lending

Shawbrook Bank has increased its network of Strategic Partners for commercial lending to 27, five successful months into the innovative programme. The latest broker to join the programme is award-winning Brightstar Financial.

23 Apr 2013

Precise & Brightstar join to complete their biggest bridging loan

Precise & Brightstar join to complete their biggest bridging loan

Precise Mortgages, the intermediary-only lender, and Brightstar Financial have joined forces to complete their largest respective bridging loan to date.

23 Apr 2013

Broker Conveyancing adds solicitors to panel

Legal

Broker Conveyancing adds solicitors to panel

Broker Conveyancing, the broker-focused conveyancing distributor, has today announced the addition of Grindeys Solicitors to its solicitor panel.

22 Apr 2013

 

Majority of homeowners believe new lenders can 'break dominance' of big six

Majority of homeowners believe new lenders can 'break dominance' of big six

Four out of five (82%) homeowners want more to be done to make it easier for new lenders to make inroads in the mortgage market, research from housing investment and equity loan provider Castle Trust shows.

22 Apr 2013

Over half have never reviewed their pension scheme

Retirement

Over half have never reviewed their pension scheme

Over half of people who have contributed to a private pension have either never reviewed their plan (38%) or have not done so in the last three years (14%) according to new research from Duncan Lawrie Private Bank.

22 Apr 2013

The Loans Engine joins Avelo Trigold panel

The Loans Engine joins Avelo Trigold panel

Master broker, The Loans Engine, has joined the loans panel on Trigold’s Prospector sourcing system, providing brokers with instant access to the UK’s secured loan products.

22 Apr 2013

Richard Keen, Head of Intermediary Development at The Loans Engine

In The Spotlight

Richard Keen, Head of Intermediary Development at The Loans Engine

We had a chat with Richard Keen, Head of Intermediary Development at The Loans Engine.

20 Apr 2013

Metro Bank reduces rates on residential mortgages

Mortgages

Metro Bank reduces rates on residential mortgages

Metro Bank, the revolutionary High Street Bank, today announces a refresh of its residential mortgage range, reducing prices by up to 50bps.

19 Apr 2013

Santander told to contact borrowers due to 'unclear information' on raising SVR

Mortgages

Santander told to contact borrowers due to 'unclear information' on raising SVR

The Financial Conduct Authority has reached an agreement with Santander UK that will see it contact over 270,000 mortgage customers about unclear information it gave before increasing the cap on its mortgage standard variable rate in 2008.

19 Apr 2013

Buy-to-let hotspots revealed by HSBC

Mortgages

Buy-to-let hotspots revealed by HSBC

Rental yields of 7.82% and private rental accommodation making up almost a quarter of its housing stock make Southampton the best place in the UK for buy to let investors according to research from HSBC.

19 Apr 2013

Gross mortgage lending up 9% in March

Mortgages

Gross mortgage lending up 9% in March

The Council of Mortgage Lenders estimates that total gross mortgage lending increased to £11.6 billion in March.

19 Apr 2013

Making ties with the NAELB

Making ties with the NAELB

At time of writing, I am actually out of the country, preparing for an appearance at the National Association of Asset and Equipment and Leasing Brokers. We’re looking to build closer ties with their association.

19 Apr 2013

Shawbrook Bank opens up business to offshore companies and trusts

Savings & Investments

Shawbrook Bank opens up business to offshore companies and trusts

Shawbrook Bank’s commercial lending team has today announced it will consider funding applications from offshore companies and trusts. The change has been made following feedback from its network of brokers.

19 Apr 2013

Saffron opens up 95% FTB deal to brokers across England

Mortgages

Saffron opens up 95% FTB deal to brokers across England

Saffron Building Society has opened-up access to its popular 95% LTV first-time buyer mortgage, to make it available via mortgage brokers based throughout England and Wales.

19 Apr 2013

Intermediaries say buy-to-let most popular use of alternative lending

Intermediaries say buy-to-let most popular use of alternative lending

Buy-to-let investments are the most popular use for alternative lending, according to a poll of financial intermediaries.

19 Apr 2013

Fixed rates hit historic lows

Mortgages

Fixed rates hit historic lows

Buyers can now benefit from some of the cheapest ever fixed-rate mortgages, as banks and building societies continue to lower their interest rates.

18 Apr 2013

Brokers can be crucial in selecting a conveyancer, says GW Senior Partner

Legal

Brokers can be crucial in selecting a conveyancer, says GW Senior Partner

Eddie Goldsmith, Senior Partner at Goldsmith Williams has made a call to mortgage brokers to ensure they continue to play an active role in guiding clients towards a specialist firm for their conveyancing.

17 Apr 2013

Mortgage activity up 25% in Q1

Mortgages

Mortgage activity up 25% in Q1

A 25% increase in mortgage activity during the first quarter of 2013 points to a growing resurgence in the market, according to March’s National Mortgage Index from Mortgage Advice Bureau.

17 Apr 2013

Coventry launches offset and Flexx mortgage range from 2.65%

Mortgages

Coventry launches offset and Flexx mortgage range from 2.65%

Coventry Intermediaries has launched a highly competitive range of Offset and Flexx for Term options.

17 Apr 2013

Buyers viewing more properties than ever before committing

Mortgages

Buyers viewing more properties than ever before committing

A recent survey from Move with Us has revealed that potential home owners are viewing a record number of properties before committing to buy their ideal home.

17 Apr 2013

LV= pay 95% of protection claims in 2012

Protection

LV= pay 95% of protection claims in 2012

Protection specialist LV= paid out 95% of underwritten protection claims in 2012.

17 Apr 2013

Latest Money Careers

Popular this week