Latest News

L&G technology helps claim £41.2m against life and CI cover

Protection

L&G technology helps claim £41.2m against life and CI cover

Legal & General affiliate IFAs and tied advisers helped their clients claim £41.2m against life and critical illness policies in 2013 thanks to the firm’s Early Warning System technology, good business practice and excellent client relationships.

04 Apr 2014

Be patient with mistakes post-MMR, CML chief urges regulator

Mortgages

Be patient with mistakes post-MMR, CML chief urges regulator

Speaking at the CML' annual lunch today, Paul Smee, CML's director general, focused his speech on the impact the MMR will have on the UK mortgage market when introduced this month and urged the FCA to be patient in the transfer.

04 Apr 2014

Newcastle BS launches tracker at 1.80% above base rate

Mortgages

Newcastle BS launches tracker at 1.80% above base rate

Newcastle Building Society Intermediary Services has launched a new range of mortgage products including a market leading Base Rate Tracker.

04 Apr 2014

Warning: Ten things that will make you weep bitter tears of anguish

Latest News

Warning: Ten things that will make you weep bitter tears of anguish

[SPECIAL FEATURE: Oliver Chesher, managing director of Galibier PR]

04 Apr 2014

Shawbrook launches 18 month fixed rate bond at 1.85% AER

Savings & Investments

Shawbrook launches 18 month fixed rate bond at 1.85% AER

Shawbrook Bank has launched a new 18 month Fixed Rate Bond offering savers a rate of 1.85 % AER.

04 Apr 2014

Number of serious rent arrears drops by a third

Latest News

Number of serious rent arrears drops by a third

Tenants struggling with late rent have made significant progress in the last twelve months, according to the latest Tenant Arrears Tracker by LSL Property Services plc, owners of Templeton LPA, the specialist practice of LPA Receivers.

04 Apr 2014

AXA announces reduced platform charges for larger portfolios

Savings & Investments

AXA announces reduced platform charges for larger portfolios

AXA Wealth has today announced new reduced charges for larger portfolios on its Elevate investment platform.

04 Apr 2014

House prices fall 1.1% in March: Halifax

Mortgages

House prices fall 1.1% in March: Halifax

House prices fell by -1.1% in March, according to the latest House Price Index from Halifax.

04 Apr 2014

AMI announces annual dinner

Mortgages

AMI announces annual dinner

The Association of Mortgage Intermediaries will be holding our eleventh AMI Annual Dinner on Thursday 12th June 2014. For the eleventh consecutive year this will be sponsored by Santander for Intermediaries.

04 Apr 2014

High LTV lending increases in Q1: BoE

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High LTV lending increases in Q1: BoE

High LTV lending has increased as lender appetites for risk have grown, according to the latest Credit Conditions Survey from the Bank of England.

03 Apr 2014

 

Leeds BS to be MMR-compliant ahead of deadline

Mortgages

Leeds BS to be MMR-compliant ahead of deadline

Leeds Building Society will be compliant with the new regulations under the Mortgage Market Review for intermediary mortgages on 14th April, ahead of the 26th April deadline.

03 Apr 2014

RBS to close 44 branches in UK despite pledge

Latest News

RBS to close 44 branches in UK despite pledge

The Royal Bank of Scotland has announced it is closing 44 branches across the UK, despite pledging in 2010 not to close such branches.

03 Apr 2014

NatWest introduces Saturday opening for broker messaging service

Latest News

NatWest introduces Saturday opening for broker messaging service

This weekend, NatWest Intermediary Solutions is introducing a new Saturday opening for LiveTALK - its popular broker instant messaging service.

03 Apr 2014

FCA to move out of Canary Wharf

Latest News

FCA to move out of Canary Wharf

The Financial Conduct Authority is relocating to new 43,000 sq ft premises in East London, it has been reported by the Financial Times.

03 Apr 2014

Building societies 'perfect challengers' to banks, says Ipswich BS

Latest News

Building societies 'perfect challengers' to banks, says Ipswich BS

Ipswich BS, at its annual general meeting this week, has said that mutuals will become increasingly relevant in financial services.

03 Apr 2014

Shawbrook appoints STL specialist as Strategic Partner

Shawbrook appoints STL specialist as Strategic Partner

Shawbrook Bank has welcomed a new member, Dorset-based Positive Lending, to its elite Strategic Partner programme.

03 Apr 2014

Bridging lending grows by a quarter

Bridging lending grows by a quarter

Gross bridging lending now totals £2.02 billion as of the twelve months to 1st March. This represents an increase of more than one quarter (26%) compared to the previous twelve months, according to the latest West One Bridging Index.

03 Apr 2014

LendInvest passes the £50m landmark

Savings & Investments

LendInvest passes the £50m landmark

LendInvest, the peer-to-peer lending platform specifically for residential and commercial mortgages, has confirmed that it has now funded over £50m of property transactions.

02 Apr 2014

Northern Ireland sees first secured loan completion since credit crunch

Northern Ireland sees first secured loan completion since credit crunch

It's been a long way back for borrowers in Northern Ireland looking for a the secured loan but the biggest step yet was taken last week when Clearly Loans announced their first secured loan completion in a BT postcode.

02 Apr 2014

LV= launches one year fixed term annuity

Retirement

LV= launches one year fixed term annuity

In response to the Budget, retirement income specialist, LV= is launching a one year fixed term annuity.

02 Apr 2014

Shawbrook appoints new chief after CEO resignation

Shawbrook appoints new chief after CEO resignation

Specialist bank Shawbrook is announcing that Ian Henderson has resigned from his position as CEO and has been succeeded by Richard Pyman, previously Managing Director of Shawbrook Asset Finance.

02 Apr 2014

Prestige rebrands to mark a year under OneSavings Bank

Latest News

Prestige rebrands to mark a year under OneSavings Bank

Prestige Finance, the intermediary focussed second charge lending subsidiary of OneSavings Bank, has unveiled its new branding a year after its successful relaunch under the OSB banner.

02 Apr 2014

House prices up almost 10% year on year

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House prices up almost 10% year on year

UK house prices increased fractionally by 0.4% in March, up 9.5% on March 2013 but still hovering around 3% below their 2007 peak.

02 Apr 2014

Coventry BS launches 2.75% cash ISA

Savings & Investments

Coventry BS launches 2.75% cash ISA

Coventry Building Society has announced the launch of a fixed rate Cash ISA, paying a rate above inflation at 2.75% Tax-free p.a. /AER until 31st May 2018.

02 Apr 2014

SfI reveals self-employed BTL lending criteria

to let signs

SfI reveals self-employed BTL lending criteria

From 7 April 2014, self-employed landlords can also benefit from Santander for Intermediaries’ BTL product range as the intermediary lender opens its criteria to self-employed buyers.

02 Apr 2014

Availability of finance will hold back residential development, say brokers

Availability of finance will hold back residential development, say brokers

Nearly half (46%) of the brokers responding to a survey carried out by United Trust Bank have said that the availability of finance will be the key issue in residential development this year.

02 Apr 2014

NACFB launches resource for SMEs struggling to find finance

NACFB launches resource for SMEs struggling to find finance

A new online matching service has been launched by the NACFB, in response to growing evidence that SMEs are still unable to access the array of lending options that exist beyond the high street banks.

02 Apr 2014

Treasury Committee to meet reviewer over FCA blunder

Latest News

Treasury Committee to meet reviewer over FCA blunder

The Treasury Committee today agreed to hold an evidence session with the independent reviewer who will be appointed by the Financial Conduct Authority to lead its inquiry into the FCA’s treatment of market sensitive information last week.

02 Apr 2014

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