Latest News

CML: BTL lending sees 46% year on year increase

CML: BTL lending sees 46% year on year increase

New CML data released today shows gross BTL lending decreased in February to 14,300 compared to 15,700 in January but there was a strong year-on-year increase in volume of 46% compared to February 2013.

10 Apr 2014

CML: FTB lending up 41% on last year

Mortgages

CML: FTB lending up 41% on last year

New CML data released today on the profile of UK lending in February 2014 shows first-time buyers took out 22,200 loans in total in February, a modest rise in volume compared to January but up 41% compared to February 2013.

10 Apr 2014

Government extends pension cooling-off period

Retirement

Government extends pension cooling-off period

People who have recently taken a tax-free lump sum from their defined contribution pension will be given 18 months rather than 6 months to decide what they wish to do with the rest of their retirement savings.

10 Apr 2014

Experienced STL manager joins Shawbrook

Experienced STL manager joins Shawbrook

Shawbrook Bank’s Commercial Mortgages division has brought Andy Thurston on board as a Short Term Lending Manager.

09 Apr 2014

RBS and Norton sign Crown Mortgage Management standby agreement

Latest News

RBS and Norton sign Crown Mortgage Management standby agreement

Crown Mortgage Management has confirmed it has signed a new agreement to provide Royal Bank of Scotland (RBS) and Norton Finance with standby administration services for a growing portfolio of first and second charge mortgages.

09 Apr 2014

Equitable Life Payment Scheme payouts now exceed £900m

Protection

Equitable Life Payment Scheme payouts now exceed £900m

The government’s Equitable Life Payment Scheme (ELPS) has now paid out £901 million.

09 Apr 2014

Marc Harris joins Dragonfly as COO

Latest News

Marc Harris joins Dragonfly as COO

London-based short and medium-term lender, Dragonfly Property Finance, today announced it has hired Marc Harris as its new Chief Operating Officer. Marc will join the existing management team, with the remit of scaling the lender for growth.

09 Apr 2014

British Money makes 'universal cover' product available to all borrowers

Protection

British Money makes 'universal cover' product available to all borrowers

British Money has extended its customer criteria giving free and immediate cover to all borrowers taking out a personal loan or finance agreement as well as those with a new mortgage or re-mortgaging their properties.

09 Apr 2014

Mortgage servicer Pepper maintains all three Fitch ratings

Mortgages

Mortgage servicer Pepper maintains all three Fitch ratings

Pepper, the mortgage servicer formerly known as Oakwood Global Finance, has maintained its Master, Primary and Special Servicer ratings, and remains the only UK servicer to hold ratings in all three available categories.

09 Apr 2014

1 in 7 will retire with no pension

Retirement

1 in 7 will retire with no pension

One in seven (14%) of those planning to retire this year has made no personal pension provision and will be either totally or heavily dependent on the State Pension, according to research by Prudential.

09 Apr 2014

 

Ezbob launches streamlined 'broker interface' facility

Ezbob launches streamlined 'broker interface' facility

Short term commercial lender, ezbob, has announced the launch of a new broker interface on its website that further streamlines the online process to help intermediaries get the best service from ezbob on behalf of their clients.

09 Apr 2014

Y3S passes £3 million mark with Masthaven Secured

Y3S passes £3 million mark with Masthaven Secured

Masthaven Secured Loans has announced that packager partner, Y3S, has passed the £3 million mark for completions.

09 Apr 2014

FCA appoints external law firm to conduct inquiry

Latest News

FCA appoints external law firm to conduct inquiry

The Financial Conduct Authority today announced they have appointed an external law firm to conduct an inquiry into their recent issues over handling sensitive data.

08 Apr 2014

Half of advisers not ready for end of trail commission

Latest News

Half of advisers not ready for end of trail commission

Research conducted by Panacea Adviser has revealed that less than 50% of financial advisers believe their businesses are ready for the removal of trail commission.

08 Apr 2014

Zurich launches adviser website

Protection

Zurich launches adviser website

Insurer Zurich today launched its new adviser website.

08 Apr 2014

Fall-throughs on home purchases increase 10%

Mortgages

Fall-throughs on home purchases increase 10%

Spring is typically the time that we see a rise in activity in the property market and spring 2014 has been no exception.

08 Apr 2014

The Mansfield cuts its 95% product rate by 0.5%

shutterstock_11061610.jpg

The Mansfield cuts its 95% product rate by 0.5%

The Mansfield has relaunched its 95% discounted rate product for clients in Nottinghamshire, Derbyshire and South Yorkshire with a new initial rate of 4.49% and reduced the completion fee from £600 to £300.

08 Apr 2014

LV= joins First Complete panel as full member

Protection

LV= joins First Complete panel as full member

LV= has become a full member of First Complete’s protection panel bringing the number of providers on the panel to nine.

08 Apr 2014

Masthaven Bridging appoints Jim Baker as senior BDM

Masthaven Bridging appoints Jim Baker as senior BDM

Masthaven Bridging has appointed Jim Baker to be their Business Development Manager in the North of England and Scotland.

08 Apr 2014

Landlords' views on BTL finance become steadily more positive

to let signs

Landlords' views on BTL finance become steadily more positive

Landlords’ perception of the availability of buy-to-let finance is now at its highest post-crisis level, a survey by Paragon Mortgages has revealed.

07 Apr 2014

Shawbrook boosts secured lending team

Shawbrook boosts secured lending team

Shawbrook’s Secured Lending division has announced they have welcomed Claire Rankin and Paula Purdy to the team.

07 Apr 2014

Spring Finance appoints Head of New Business

Latest News

Spring Finance appoints Head of New Business

Spring Finance, the Hertfordshire-based company which operates in the second charge loan market, has strengthened its management team.

07 Apr 2014

Two thirds of FTBs underestimate how long it will take to own a home

Mortgages

Two thirds of FTBs underestimate how long it will take to own a home

There is a marked difference between the expectations of those hoping to get on the housing ladder and the reality, according to new research from Clydesdale Bank and Yorkshire Bank.

07 Apr 2014

Greenfield Capital gets FCA authorisation

Mortgages

Greenfield Capital gets FCA authorisation

Greenfield Capital has announced that it has been granted approval by the Financial Conduct Authority and is now authorised to offer regulated mortgage contracts.

07 Apr 2014

Post Office reveals Help to Buy rates

Mortgages

Post Office reveals Help to Buy rates

Post Office has today revealed details of its Help to Buy mortgage rates, following the business’ announcement that it had joined the Government’s scheme earlier this year with its financial services partner Bank of Ireland UK.

07 Apr 2014

Compliance outstrips client charging as main adviser concern

Latest News

Compliance outstrips client charging as main adviser concern

A survey by specialist adviser software firm, Intelliflo shows that compliance reporting far outstrips concerns about client charging among advisers.

07 Apr 2014

Saffron Building Society confirms MMR-readiness

Mortgages

Saffron Building Society confirms MMR-readiness

Saffron Building Society says it will be ready to implement the changes required by the Mortgage Market Review with effect from Thursday 24th April.

07 Apr 2014

Average bridging interest rates drop to 1.19%

Average bridging interest rates drop to 1.19%

Bridging interest rates are significantly lower than a year ago, according to the latest West One Bridging Index.

07 Apr 2014

Latest Money Careers

Popular this week

Buy-to-let
Roadshow 2017

15th - 23rd November

4 days
7 specialists
4 locations
Free to attend

Click here to register now