Latest News

Mansfield BS cuts rates on FTB scheme

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Mansfield BS cuts rates on FTB scheme

Mansfield Building Society has cut the rate of interest on its Local Authority Mortgage Scheme from 4.99% to 4.39%.

16 Apr 2014

Access 4 Finance adds Precise to panel

Access 4 Finance adds Precise to panel

Access 4 Finance has announced that Precise Mortgages has been added to its lender panel which represent the whole of the market for second charge loans.

16 Apr 2014

Magellan appoints Jon Sturgess as Head of Sales

Mortgages

Magellan appoints Jon Sturgess as Head of Sales

Magellan Homeloans, the specialist credit repair lender, has appointed Jon Sturgess as Head of Sales.

16 Apr 2014

Norton Broker Services unveils its 'dream team'

Latest News

Norton Broker Services unveils its 'dream team'

The B2B function of the Norton Finance Group, Norton Broker Services, has unveiled their 'dream team' line up of staff, with the aim of establishing themselves as the number one broker in the intermediary market place.

16 Apr 2014

Shawbrook improves its broker support on sales desk

Shawbrook improves its broker support on sales desk

Shawbrook Bank’s Commercial Mortgages division has appointed Matthew Woods as Junior Sales Executive on its sales desk.

15 Apr 2014

1 in 20 uses credit to pay rent or mortgage

Latest News

1 in 20 uses credit to pay rent or mortgage

More than one in 20 people paid either their rent or mortgage using some form of credit in February this year.

15 Apr 2014

Annuity rates remained flat in Q1

Retirement

Annuity rates remained flat in Q1

The latest MGM Advantage Annuity Index reveals average annuity rates increased by 0.83% in the first quarter of the year.

15 Apr 2014

House price growth strong across the UK: ONS

Mortgages

House price growth strong across the UK: ONS

UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014, according to the latest information from the Office for National Statistics.

15 Apr 2014

FCA likely to crack down hard on second charge lending, says lender

FCA likely to crack down hard on second charge lending, says lender

The Financial Conduct Authority is likely to crack down hard on second charge lending over the next two years after supervision of the sector moves under its jurisdiction in April this year.

15 Apr 2014

Inflation falls to 1.6% in March

Latest News

Inflation falls to 1.6% in March

Inflation fell to its lowest since October 2009 at 1.6% in March, according to the Office for National Statistics.

15 Apr 2014

 

Hope Capital appoints head of business development

Hope Capital appoints head of business development

Hope Capital has just appointed Brian Baker as Head of Business Development in a newly created role.

15 Apr 2014

Secured lender refinances £435m securitisation

Secured lender refinances £435m securitisation

Jerrold Holdings,secured lender to the residential and commercial property sectors, is pleased to announce it has today completed an extension of its private securitisation programme.

15 Apr 2014

Secured lending continues to grow for 28th month

Secured lending continues to grow for 28th month

March 2014 marked the 28th month in a row of year on year growth in secured lending, according to the Secured Loan Index from Loans Warehouse.

15 Apr 2014

Access to mortgages hasn't improved enough, say consumers

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Access to mortgages hasn't improved enough, say consumers

Three in ten (29%) consumers believe that while access to mortgages has broadly improved it is not enough.

14 Apr 2014

Crystal Mortgages appoints commercial completions manager

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Crystal Mortgages appoints commercial completions manager

Crystal Mortgages has appointed Philip Charlwood to the newly created position of Commercial Completions Manager in a move designed to further streamline the application process from enquiry to drawdown.

14 Apr 2014

Lower LTVs see significantly lower rates despite fluctuation

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Lower LTVs see significantly lower rates despite fluctuation

Mortgage rates have seen mixed movement during the first three months of 2014, according to figures released today from Mortgage Brain’s quarterly product data analysis.

14 Apr 2014

39% feel mortgages too difficult to access for FTBs

Mortgages

39% feel mortgages too difficult to access for FTBs

Three in ten (29%) consumers believe that while access to mortgages has broadly improved it is not enough.

14 Apr 2014

2014 Financial Reporter Industry Award Winners announced

Latest News

2014 Financial Reporter Industry Award Winners announced

Financial Reporter is delighted to announce the winners of its 2014 Industry Awards.

14 Apr 2014

Asking prices hit record high for second month

Mortgages

Asking prices hit record high for second month

New seller asking prices hit record highs in all four southern regions, and help to push the national average to another all-time high for the second successive month, according to the latest Rightmove House Price Index.

14 Apr 2014

Magellan calls on industry to develop Financial Awareness Course

Mortgages

Magellan calls on industry to develop Financial Awareness Course

Magellan Homeloans, the specialist credit repair lender, is calling on the financial services industry to develop a Financial Awareness Course as an alternative to punishing borrowers who get into financial difficulties.

14 Apr 2014

MAB announces 120% increase in pre-tax profits

Mortgages

MAB announces 120% increase in pre-tax profits

Mortgage Advice Bureau has announced a record pre-tax group profit of £5.1m in 2013, an increase of 120% over 2012 (£2.3m).

14 Apr 2014

Annuities market could decline by 75%, says PwC

Annuities market could decline by 75%, says PwC

The UK annuities market could decline by up to 75% after the recently announced changes to compulsory annuity purchase come into effect, according to PwC analysis supported by a new consumer survey.

14 Apr 2014

Minimise your risk - offering secured loans

Minimise your risk - offering secured loans

[SPECIAL FEATURE: Thomas Garratt, Head of Intermediary Channel, The Loans Engine]

11 Apr 2014

Call for surveyors to protect market against another crash

Legal

Call for surveyors to protect market against another crash

The Chief Surveyor of Sesame Bankhall Valuation Services has said that it is becoming increasingly important for chartered surveyors to protect homebuyers and lenders against the mounting risk of a repeat housing market crash.

11 Apr 2014

Number of advisers outsourcing investment propositions to increase

Savings & Investments

Number of advisers outsourcing investment propositions to increase

According to independent financial researcher Defaqto, the number of advisers using discretionary management services will increase in the coming years, in line with continued growth in investment outsourcing generally.

11 Apr 2014

Lenders with delinquent loans likely to face fines, says British Money

Lenders with delinquent loans likely to face fines, says British Money

Lenders with delinquent loans on their books could be considered ‘irresponsible’ and so face subsequent fines from the Financial Conduct Authority, warns Alexander Burgess from British Money.

11 Apr 2014

SfI announces 5-year fixed BTL at 4.34%

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SfI announces 5-year fixed BTL at 4.34%

From today, non-professional landlords keen to guarantee monthly mortgage payments for the longer term, can take advantage of Santander for Intermediaries’ new 75% LTV 5 year fixed rate Buy to Let product.

11 Apr 2014

Growth of P2P sector more than doubles annually

Growth of P2P sector more than doubles annually

A report published by the Peer-to-Peer Finance Association shows cumulative lending at the end of the first quarter in 2014 hit £1,207 billion compared to £491 million at the end of the first quarter of 2013.

11 Apr 2014

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