Archive News

General government gross debt was £1,821.9bn at the end of the financial year ending March 2019, equivalent to 84.0% of the UK’s GDP, according to new data published by the Office for National Statistics (ONS)
Posted: 20/01/2020
There are 10.5 million adults in the UK who have indicated they are in their worst financial state on record, according to new research by the loan comparison site, FairMoney.com
Posted: 20/01/2020
The Government’s delay in lowering the age limit for automatic enrolment from 22 to 18 will cost the typical school leaver around £18,000 on their pension pot, new research by Royal London revealed
Posted: 20/01/2020
Three-quarters of UK workers are blaming early paydays in December for their lack of funds at the end of the month, according to new research from the income streaming service, Wagestream
Posted: 20/01/2020
Mental Health UK’s ‘Mental Health and Money Advice service’ has surpassed two years of helping people experiencing poor mental health with their finances, helping clients to be £5m better off collectively.
Posted: 20/01/2020
Landbay has announced a new partnership with the Financial Intermediary & Broker Association (FIBA) to provide brokers and their landlord clients with access to its specialist lending products
Posted: 20/01/2020
Almost two-thirds of people who retired earlier than expected were forced out of work rather than choosing to leave because they no longer needed the income, according to a new study by Just Group.

New figures revealed that among adults aged between 55 and 74 years who retired earlier than expected, 40% blamed health or physical problems, 18% had been made redundant or lost a job and could not find new employment, while 8% had said they left to provide care for a family member
Posted: 20/01/2020
Principality Building Society has announced it is launching new cashback deals to its residential mortgage product range
Posted: 17/01/2020
The majority of adults aged under 25 in the UK do not know where to access financial advice, according to a new nationwide study by the financial advice network, Openwork
Posted: 17/01/2020
Answers in Retirement Group (Air Group), has announced the addition of Aviva’s lifetime mortgage rates into its Air Sourcing system
Posted: 17/01/2020
Retired homeowners released more than £3.4bn of property wealth in 2019, according to new data published by the over-55s specialist adviser, Key
Posted: 17/01/2020
There were 66,253 residential mortgages approved during the final month of 2019, reflecting a 1.9% increase from November’s total, according to the latest figures from e.surv
Posted: 16/01/2020
The Bank of England (BoE) has announced that outgoing Governor, Mark Carney, has been appointed as Boris Johnson’s finance adviser for COP26
Posted: 16/01/2020
Over £30bn has been flexibly withdrawn from retirement pots since the pension freedoms launched in April 2015, and in the same time homeowners have used property wealth to deliver £13bn in extra income via equity release, according to new analysis from AJ Bell
Posted: 16/01/2020
There were 1.6 billion transactions on debit cards in October 2019, a rise of 9.3% from the same month a year earlier, according to the latest data released by UK Finance
Posted: 16/01/2020
The Bank of England (BoE), the Financial Conduct Authority (FCA) and the Working Group on Sterling Risk-Free Reference Rates (RFRWG) have each published a set of documents to outline the priorities and milestones for 2020 on LIBOR transition
Posted: 16/01/2020
TMA has added the short-term lender, Greenfield Mortgages, to its panel to strengthen the Club’s bridging proposition
Posted: 16/01/2020
The Consumer Prices Index (CPI) 12-month inflation rate slumped to 1.3% in December 2019, down from 1.5% in November, according to new data published by the Office for National Statistics (ONS)
Posted: 15/01/2020
Average house prices in the UK increased by 2.2% over the year to November 2019, which was up from 1.3% in October 2019, new data from the Office for National Statistics (ONS) revealed
Posted: 15/01/2020
Accord Mortgages has announced several new rate reductions across its 90% and 95% loan-to-value (LTV) range
Posted: 15/01/2020
There were 30,620 new first-time buyer mortgages completed in November 2019, reflecting a 10.5% drop from the same month in 2018, new UK Finance data has revealed
Posted: 15/01/2020
Average rates for borrowers seeking high LTV mortgages, those above 95% LTV, have increased to 3%, according to the latest data from AmTrust’s Mortgage Loan to Value (LTV) Tracker
Posted: 15/01/2020
The reduced political uncertainty will support the growth of the UK mortgage market, with gross mortgage lending forecast to reach £268bn in 2020, and £275bn in 2021, according to a new report from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 15/01/2020
One in three people retiring this year will be in debt, with the average amount owed reaching £17,460, according to a new study by the over-55s specialist adviser, Key
Posted: 15/01/2020
Santander has revealed plans to reduce the in-credit interest rate for its 123, Select and Private Current Accounts
Posted: 14/01/2020
Aspen Bridging has announced the completion of a £3.4m bridge at 73% LTV on five newbuild flats in Central London
Posted: 14/01/2020
AJ Bell has announced the launch of a new Retirement Investment Account (RIA), a low-cost pension with a streamlined investment proposition
Posted: 14/01/2020
Legal & General Mortgage Club has announced that later life lending has been added to its digital, user-friendly criteria search system, SmartrCriteria
Posted: 14/01/2020
The FCA has obtained approval from the High Court for a scheme to return £2.5m in compensation to the victims of a series of unauthorised collective investment schemes
Posted: 14/01/2020
InterBay Commercial has announced the completion of a complex portfolio transfer in a £7m remortgage case
Posted: 14/01/2020
TMA Club has announced the addition of the buy-to-let (BTL) lender, Zephyr Homeloans, to its lending panel
Posted: 14/01/2020
Hanley Economic Building Society has announced the introduction of a new ex-pat product into its buy-to-let (BTL) mortgage range
Posted: 14/01/2020
Royal London has signed up to the UN-supported Principles for Responsible Investment (PRI) as part of its commitment to being a responsible investor
Posted: 13/01/2020
The UK’s rolling three-month GDP growth slowed for the second month in a row, down to 0.1% in November 2019, new statistics published by the ONS have revealed
Posted: 13/01/2020
The increasing hints that the Bank of England (BoE) could cut interest rates is likely to prompt investors into overseas financial assets, according to the CEO of one of the world’s largest independent financial services and advisory organisations
Posted: 13/01/2020
Only 55% of pension savers entering drawdown since 2014 have taken income, with 45% simply taking their tax-free cash, new research from Hargreaves Lansdown revealed
Posted: 13/01/2020
Two-thirds of pensioner homeowners are failing to claim their full benefits entitlement, according to new research from Just Group
Posted: 13/01/2020
Victims of Authorised Push Payment (APP) fraud are facing a shortfall of £3bn in compensation, according to new figures published by Shieldpay
Posted: 13/01/2020
Paradigm Mortgage Services has added the bridging and short-term lender, MT Finance, to its lender panel
Posted: 13/01/2020
The Financial Services Compensation Scheme (FSCS) has announced several key decisions for claims in relation to the London Capital and Finance (LCF) failure
Posted: 10/01/2020
Unsecured debt per UK household increased to £14,540 in the third quarter of 2019, a rise of £430 on a year earlier, new data published by the Trades Union Congress (TUC) has revealed
Posted: 10/01/2020
Paragon Bank has announced the launch of a new Notice Cash ISA for savers
Posted: 10/01/2020
AJ Bell has announced its Managed Portfolio Service (MPS), as well as its range of multi-asset funds, have been mapped to the risk ratings provided by Synaptic
Posted: 10/01/2020
The FCA has started civil proceedings in the High Court against Bright Management Solution, Soccer League International, Soccer League UK
Posted: 10/01/2020
PMS Mortgage Club and Sesame Network have announced the launch of an exclusive new three-year fixed rate Retirement Interest Only (RIO) mortgage with Buckinghamshire Building Society
Posted: 10/01/2020
New anti-money laundering (AML) rules came into force today after the Government had introduced the Fifth EU Money Laundering Directive (5MLD) into UK law on 20 December 2019
Posted: 10/01/2020
Hargreaves Lansdown has announced the addition of Paragon and ICICI Bank’s easy access savings accounts to its Active Savings service
Posted: 09/01/2020
Belmont Green has announced that Louisa Sedgwick has been appointed as the new managing director mortgages for its mortgage brand, Vida Homeloans
Posted: 09/01/2020
The FCA has announced a new proposal to reform the easy access cash savings market, suggesting all firms should comply to new rules and set a single easy access rate (SEAR) across all easy access accounts
Posted: 09/01/2020
Paradigm Mortgage Services has announced a new range of anti-money laundering (AML) and fraud prevention tools for member firms, following the launch of its new strategic partnership with credit reference agency, Experian
Posted: 09/01/2020
Criteria searches in the mortgage market showed ‘continuing volatility’ across a range of market sectors in December, new data from Knowledge Bank suggested
Posted: 09/01/2020
Over two million UK adults to have used ‘Buy Now, Pay Later’ schemes (BNPL) have had their credit scores damaged as a result, according to a new survey commissioned by comparethemarket.com
Posted: 08/01/2020
One in four workers aged over 25 who earned the legal minimum wage were underpaid last year, according to new research published by Resolution Foundation
Posted: 08/01/2020
UK house prices were 4.0% higher in December than the same month a year earlier, according to new data published in the Halifax House Price Index
Posted: 08/01/2020
Gatehouse Bank has announced new cuts to the rental rates on its entire Buy-to-Let (BTL) range
Posted: 08/01/2020
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £38bn at the end of November to £40bn on 31 December 2019, according to new data from Mercer’s Pensions Risk Survey
Posted: 07/01/2020
The 2020 Budget will be held on Wednesday 11 March 2020, Sajid Javid has confirmed
Posted: 07/01/2020
Eighty-seven per cent of employers are looking to review their pension provider in the next 12 months, according to new research conducted by Smarterly.
Posted: 07/01/2020
The Financial Conduct Authority (FCA) and the Bank of England (BoE) have revealed new plans to develop their data and analytics capabilities
Posted: 07/01/2020
The 2010s were the weakest decade for house price growth since the 1990s, although prices still rose by 33% over the 10 years, a new report published by Nationwide has revealed
Posted: 07/01/2020
A leading investment platform has suggested there is a ‘whiff of radicalism’ about Boris Johnson’s new Government, and that his Chief Adviser, Dominic Cummings, is recruiting ‘assorted weirdos’ to drive reform
Posted: 07/01/2020
more2life has announced that it now has £3bn worth of loans under management, following a record year of growth for the equity release lender.
Posted: 07/01/2020
The broadening of Open Banking platforms will be a turning point in its drive to mass adoption in 2020, according to Equifax UK
Posted: 06/01/2020
Taxpayers who fail to file their tax returns by the end of the month will be subject to a fixed penalty, and it could worsen depending on how long people wait to file and pay what they owe, leading accounting and tax advisory firm Blick Rothenberg has said
Posted: 06/01/2019
The average pay for an FTSE 100 CEO in 2020 has already surpassed the amount the average UK worker earns in an entire year, according to research from The High Pay Centre
Posted: 06/01/2020
Paragon has announced it is lowering rates on 14 different products across its range of mortgages up to 80% LTV
Posted: 06/01/2020
Equity release products are being offered at record low interest rates, according to new analysis by the consumer finance expert, Defaqto
Posted: 06/01/2020
The price of Bitcoin could be driven higher by the escalating tensions between the US and Iran, according to the CEO and founder of deVere Group, Nigel Green
Posted: 06/01/2020
Approximately 11,000 people in the UK are set to face a cut to their state pension in April 2020, according to a response made to a Freedom of Information request by Royal London
Posted: 06/01/2020
TMA Club has announced it is adding Holloway Friendly to its panel to enhance the Club’s protection proposition
Posted: 06/01/2020
Firms in the financial services sector have one week remaining to implement any money laundering changes after the government introduced the Fifth EU Money Laundering Directive (5MLD) into UK law on 20 December
Posted: 03/01/2020
The net flow of consumer credit fell to £0.6bn in November, the weakest flow since November 2013, according to new data published by the Bank of England (BoE)
Posted: 03/01/2020
Annual UK house prices were 1.4% higher in December than in the same month in 2018, the first time house price growth had been above 1% for 12 months, according to the latest Nationwide House Price Index
Posted: 03/01/2020
The average cost of a tenancy deposit in the UK is £1,299, and for tenants required to pay the full sum upfront, many are being forced into borrowing from a lender and absorbing the hit of additional interest, according to new research by Hamilton Fraser’s deposit alternative scheme, Ome
Posted: 03/01/2020
Fifty-three per cent of UK firms have reported Brexit as one of their top three sources of uncertainty, according to the Bank of England (BoE)
Posted: 02/01/2020
Gross mortgage lending across the residential market during November 2019 was £23.1bn, a figure 3.3% lower than in the same month in 2018, UK Finance data revealed
Posted: 02/01/2020
The number of first-time buyers in the UK have reached a 12-year high in 2019, according to the Yorkshire Building Society
Posted: 02/01/2020
Accord Mortgages has announced it is reducing interest rates on 24 of its product transfer products by up to 0.10%
Posted: 02/01/2020
The last decade was the first on record in which homeowners invested more equity into their properties than they withdrew, according to new research by Responsible Life
Posted: 02/01/2020
Darlington Building Society has announced it has chosen Iress’ mortgage processing software to support an improved digital mortgage experience for intermediaries
Posted: 02/01/2020
Seventy-seven per cent of millennials are prioritising socially responsible and impactful investing, a new global survey by deVere Group has revealed
Posted: 02/01/2020
Chancellor, Sajid Javid, has today announced that FCA head, Andrew Bailey, will become the new Governor of the Bank of England (BoE) from 16 March 2020
Posted: 20/12/2019
Most financial advisers are expecting the equity release market to exceed the £5bn mark in 2020, new research from Canada Life has revealed
Posted: 18/12/2019
The Bank of England (BoE) has revealed new proposals for stress testing the financial stability implications of climate change
Posted: 18/12/2019
The FCA has announced that the First-tier Tribunal (the Tribunal) has upheld a £91,000 fine imposed on Hall and Hanley Limited (H&H)
Posted: 18/12/2019
Accord Growth Series, the free education resource for brokers, has reached 5,000 registered advisers
Posted: 18/12/2019
The average house price in the UK increased by 0.7% over the year to the end of October 2019 – up to £233,000 – reflecting the lowest growth since September 2012, new figures published by the ONS revealed
Posted: 18/12/2019
The FCA has secured a confiscation order against the illegal money lender, Dharam Prakash Gopee, in the sum of £5,118,018.72
Posted: 17/12/2019
The price of properties coming to market in the UK will rise by 2% in 2020, according to the latest Rightmove House Price Index
Posted: 17/12/2019
The UK banking system would be resilient to deep simultaneous recessions in the UK and global economies even more severe than the global financial crisis, according to the results of the Bank of England’s (BoE) 2019 Annual Cyclical Scenario Stress Test (ACS)
Posted: 17/12/2019
Professional Personal Claims Limited (PPC) has been fined £70,000 by the FCA for misleading consumers across its websites and printed materials
Posted: 17/12/2019
Uinsure, the insurtech firm, has announced a new partnership with the practice management system provider, 360 Dotnet
Posted: 17/12/2019
There were 32,260 new first-time buyer (FTB) mortgages completed in October 2019, 2.8% more than in the same month a year earlier, new UK Finance figures have revealed
Posted: 17/12/2019
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have announced the addition of Hampshire Trust Bank (HTB) to their BTL and bridging finance panels for advisers
Posted: 17/12/2019
SmartSearch, the anti-money-laundering specialist, has produced a guide to the top five changes that businesses are likely to see when new European regulations are implemented in the New Year
Posted: 17/12/2019
Seventy-three per cent of employers believe that workplace savings should no longer just be focused around pensions, according to new research from Smarterly
Posted: 16/12/2019
Mortgage Engine has announced a new partnership with the mortgage comparison platform co-founded by Moneysupermarket Group, Podium
Posted: 16/12/2019
Mortgage Advice Bureau (MAB) has announced the addition of LV=’s personal sick pay and income protection plans to its protection panel
Posted: 16/12/2019
The number of payday loans issued during the last quarter saw a 37% year-on-year fall, according to FCA data that was published after an FOI request from Wagestream
Posted: 16/12/2019
Uinsure has announced the addition of UK General to its household and BTL panels of leading UK insurers
Posted: 16/12/2019
The FCA has published its long-awaited platform policy statement following its investment platform market study
Posted: 13/12/2019
The FCA has announced that Elite Insurance Company has been placed into administration
Posted: 13/12/2019
Boris Johnson has promised to work flat out and that his party will deliver Brexit after the Conservatives won the General Election with a comfortable majority last night
Posted: 13/12/2019
Fleet Mortgages, the BTL specialist lender, has announced it has joined the packaging panel of Brilliant Solutions
Posted: 13/12/2019
The pound has surged against the dollar and is expected to continue to soar above $1.40, following the Conservative Party's landslide victory in the General Election, with the property market also set to ‘turbocharge’.

With just two seats left to declare at the time of going to press, the Conservatives had a majority of 76, the biggest of its kind since the 1980s. Sterling gained 2.1% to $1.34 – its highest level since May last year, and the pound jumped to a three-and-a-half-year high against the euro
Posted: 13/12/2019
Buyer enquiries are continuing to fall in the UK housing market, which remains cautious pending the result of today’s General Election, according to the latest RICS Residential Market Survey
Posted: 12/12/2019
Changes in local house price affordability show that homes have become more affordable in two-thirds of the UK over the past year, according to new analysis by Yorkshire Building Society
Posted: 12/12/2019
LV= has announced new upgrades to its income protection plan to support people living in rented accommodation
Posted: 12/12/2019
Foundation Home Loans has announced a series of criteria enhancements across its BTL product range
Posted: 12/12/2019
FTBs may soon find it easier to get onto the property ladder as banks seek to boost their incomes from the mortgage market, a national mortgage broker has predicted
Posted: 11/12/2019
Just Mortgages has announced that eleven new brokers will start training with its broker academy in 2020 after advancing through its selection procedure
Posted: 11/12/2019
Lloyds Banking Group has responded to an independent report assessing the Customer Review it set up to compensate victims of the HBOS Reading fraud, and chief executive, António Horta-Osório, has apologised to those who lost out
Posted: 11/12/2019
MMP Financial Limited, trading as My Money Partner and Swift Sterling, has been placed into administration
Posted: 11/12/2019
Approximately 460,000 people in the UK chased HMRC for refunds on overpaid income tax in the year 2018/19, according to an FOI by Royal London.

The mutual insurer has urged taxpayers to double-check whether they may have overpaid tax
Posted: 11/12/2019
Metro Bank has announced the removal of product fees for its existing customer residential mortgage products
Posted: 10/12/2019
The UK’s rolling three-month GDP showed no growth in October 2019, after just the 0.3% growth registered in the third quarter of 2019, new ONS figures have revealed
Posted: 10/12/2019
The CEO of SmartSearch has written an open letter to the Chancellor of the Exchequer urging the government in office after Thursday’s general election to publish the final anti-money-laundering (AML) regulations without further delay, with new EU rules due to be implemented next month
Posted: 10/12/2019
The outstanding value of all residential mortgage loans was £1.486bn in the third quarter of 2019, 3.9% higher than a year earlier, according to new data published by the Bank of England (BoE) and the FCA
Posted: 10/12/2019
Smartr365 has announced a new strategic partnership with Brilliant Solutions Mortgage Club
Posted: 10/12/2019
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have added the Teachers for Intermediaries (TFI) range of mortgage products to its respective panels
Posted: 10/12/2019
Stonebridge has announced the launch of a new piece of ID and address-verification technology called ‘RevolutionID,’ as well as several additional upgrades to its trading platform, Revolution
Posted: 09/12/2019
Current UK tenants are paying an average rental deposit of £1,299, with an estimated 1.5 million new deposits paid in 2019 to a value of £1.9bn, according to new research by Hamilton Fraser’s deposit alternative scheme Ome
Posted: 09/12/2019
Thirty per cent of UK adults aged between 18 and 34 years have said they would use inheritance money to get on the property ladder, according to new research from Just Group
Posted: 09/12/2019
New FCA regulations designed to prevent harm to investors, without stifling innovation in the peer-to-peer (P2P) sector, are coming into effect today.

The regulator’s new rules are intended to help better protect investors and allow firms and fundraisers to operate in a more long-term and sustainable manner
Posted: 09/12/2019
Accord Buy To Let has announced its minimum income requirement is moving to £25,000 per application, as opposed to at least one applicant requiring £25,000 minimum income, to provide greater flexibility for landlords
Posted: 09/12/2019
Fourteen per cent of homeowners have claimed that in order to get their first step onto the property ladder, they have needed to take on two jobs at the same time, according to new research from Engen Group
Posted: 09/12/2019
HSBC has announced it is to introduce a single overdraft rate of 39.9% for its UK customers from March 2020
Posted: 06/12/2019
The board of Phoenix Group Holdings has announced the proposed acquisition of ReAssure Group for £3.2bn
Posted: 06/12/2019
Metro Bank has announced a 0.2% reduction of interest rates across its fixed rate BTL mortgage range for borrowers up to 70% LTV
Posted: 06/12/2019
House prices in November 2019 were 2.1% higher than in the same month a year earlier, the latest Halifax House Price Index has revealed
Posted: 06/12/2019
Wakefield in West Yorkshire, where the average house price for a new home stands at £221,740, has been revealed as England’s biggest Help to Buy hotspot
Posted: 06/12/2019
Foundation Home Loans has announced it is joining MCI Club’s lender panel and that adviser member firms will be able to access Foundation’s range of residential and specialist BTL products
Posted: 05/12/2019
The UK’s total private pension wealth was £6.1trn between April 2016 and March 2018, 42% of total wealth, new figures published by the ONS revealed
Posted: 05/12/2019
Landbay has announced it is closing its retail investment arm and exiting the P2P lending market in favour of becoming an institutional only platform
Posted: 05/12/2019
The Bank of England, PRA and FCA have published a new shared policy summary and co-ordinated consultation papers (CPs) on new requirements to bolster operational resilience in the financial services sector
Posted: 05/12/2019
Ahead of next week’s General Election, no major political party has considered the use of housing equity and how unlocking the wealth tied up in people’s home could be a solution to tackling financial issues, according to the equity release lender, more2life.

The lender has strongly urged the future government to consider how it can meet the needs of the UK’s 20 million over-55s and help them as they continue to provide support for a range of younger and older age groups
Posted: 05/12/2019
Online broker searches in November showed significant changes in the equity release category, as well as some variation in the residential and BTL categories, according to the latest figures from Knowledge Bank
Posted: 05/12/2019
Mortgage Brain has announced it has completed the first live transaction on Lendex, its new multi-lender application and submission gateway
Posted: 04/12/2019
Hampshire Trust Bank (HTB) has announced that it has implemented E-signature for its mortgage offers
Posted: 04/12/2019
West One Loans has announced record figures for November 2019, lending over £100m through the month
Posted: 04/12/2019
Accord Mortgages has launched a new range of high LTV products to help more FTBs get onto the property ladder
Posted: 04/12/2019
Pension plan trustees are continuing to face a dilemma over how engaged they should be in ensuring members get the right advice about whether to transfer, according to a new report jointly published by Royal London and Eversheds Sutherland
Posted: 04/12/2019
TMA Club has announced it is adding the retirement lending solutions provider Just to its equity release panel.

The move will give TMA members immediate access to the lender’s ‘Just For You’ lifetime mortgage product
Posted: 04/12/2019
The pound will fall to $1.20 against the US dollar next week in the event the UK election delivers a hung parliament, according to the CEO of one of the world’s largest independent financial advisory organisations
Posted: 03/12/2019
Hanley Economic Building Society has announced the launch of a new ‘build for second home’ product aimed at self-build clients looking to construct a second residential home, not to be used for any rental purposes
Posted: 03/12/2019
Defaqto has announced the launch of a multi-product suitability report writing capability in its end-to-end financial planning tool, Engage Core
Posted: 03/12/2019
More than half of all UK adults as well as 61% of those aged under 35 years old would benefit from regular financial advice, according to new research from Openwork.

The financial advice network said this underlines the need for an expansion in adviser numbers in 2020
Posted: 03/12/2019
Tymit has announced the launch of its app-enabled fee-free instalment Visa credit card to address the ‘lack of transparency and control’ involved with traditional credit cards
Posted: 02/12/2019
Aspen Bridging has completed an 82.5% LTV development exit case for £3.3m in partnership with the property crowdfunding investment firm, Crowd With Us (CWU)
Posted: 02/12/2019
An increasing number of people still don’t understand equity release, despite recent figures showing that £2.8bn in lifetime mortgages was lent by the end of the third quarter of 2019, new research by Canada Life revealed.

The latest findings showed that 15% of UK homeowners said they wouldn’t use equity release to fund their retirement because they don’t understand it, a three-fold increase on the 5% who said this in 2016
Posted: 02/12/2019
Around one in five of HNWs have never spoken with a financial adviser, according to the new What’s your Number? report by Sanlam UK
Posted: 02/12/2019
Only 42% of UK adults would admit to currently having life insurance, although this was a figure 9% higher than in 2018, according to the latest research from MoneySuperMarket
Posted: 02/12/2019
The FCA has published a new consultation on how to apply the Senior Managers Regime (SMR) to benchmark administrators
Posted: 29/11/2019
Marketplace lending hit a record £3.0bn in the first half of 2019 despite record loss rates in the sector, according to new research from Link Group and Brismo
Posted: 29/11/2019
Net mortgage borrowing by households reached £4.3bn in October which was up £0.4bn from September, new statistics from the Bank of England (BoE) revealed.

The BoE said the recent stability in the monthly flows had left the annual growth rate unchanged at 3.2%, close to the levels seen during the past three years
Posted: 29/11/2019
Smartr365 has announced it will integrate with Mortgage Engine to enhance its direct-to-lender connections
Posted: 29/11/2019
Foundation Home Loans has announced a series of new enhancements to its residential mortgage product range
Posted: 29/11/2019
Pledges made in both the Labour and Liberal Democrats manifestos would cost investors through the hiking on tax rates to bring them in line with income tax, AJ Bell said
Posted: 27/11/2019
Legal Marketing Services (LMS) has announced the extension of its partnership with Family Building Society for an additional three years
Posted: 27/11/2019
HMRC has issued a warning that higher earners are failing to report pensions growth on their tax returns, meaning taxpayers could face huge bills for undeclared pension contributions, according to Royal London
Posted: 27/11/2019
The FCA has secured a confiscation order totalling £291,070 against convicted fraudster, Mark Starling
Posted: 27/11/2019
House price growth in UK cities has risen to 2.9%, supported by a 1% increase to house prices in London, according to the October Zoopla UK Cities House Price Index.

Zoopla revealed that this is the highest rate of growth for two years and follows a period of modest price falls
Posted: 27/11/2019
Paragon Bank has launched a new Cash Lifetime ISA (LISA) to introduce new competition to the LISA market
Posted: 26/11/2019
The PRA has fined Citigroup’s UK operations £44m for failings in their regulatory reporting governance and controls
Posted: 26/11/2019
Gross mortgage lending across the residential market was £25.5bn in October 2019, 0.9% lower than in the same month in 2018, new UK Finance data revealed
Posted: 26/11/2019
Only 28% of under-35s and 35% of those aged between 35 and 54 think the State Pension will still be around when they reach retirement, new research from Hargreaves Lansdown revealed
Posted: 26/11/2019
The Nottingham has revealed it is introducing a new Retirement Interest Only (RIO) 10-year mortgage fixed at 3.95%
Posted: 26/11/2019
The FCA has announced it will ban the mass marketing of speculative mini-bonds to retail customers.

The regulator said it is introducing the restriction without consultation – by using its product intervention powers – which will come into force on 1 January 2020 and last for 12 months as the FCA consults on reaching permanent rules
Posted: 26/11/2019
Fleet Mortgages has announced it is cutting rates to two 80% LTV products in both its standard and HMO product ranges
Posted: 26/11/2019
TSB has announced it is to close 82 branches next year as part of new plans to make £100m of cost savings by 2022
Posted: 25/11/2019
Sixteen per cent of those who take out a Retirement Interest Only (RIO) mortgage on their property do so to provide a family gift, according to new research from Hodge
Posted: 25/11/2019
The Conservative party has outlined plans in its manifesto to reform the housing market by focusing on FTBs and improving terms for renters
Posted: 25/11/2019
Nineteen per cent of UK adults are spending more than half of their monthly net household income on housing costs such as mortgage or rent payments, utility bills or council tax, new research from Engen Group revealed.

Engen, the UK-based property business that addresses environmental challenges including affordable and sustainable housing, found that 4% of adults even spend over 75% of their monthly income on housing costs, while the average spend was revealed to be around 34%
Posted: 25/11/2019
TSB has been hit by an IT failure that has left customers waiting for wages and other payments to be made into their accounts
Posted: 22/11/2019
Fewer than one in 10 UK adults are confident they will have saved a comfortable amount into their pension when they stop working, according to a new survey commissioned by NFU Mutual
Posted: 22/11/2019
There were 311,400 homeowners who switched product with their existing provider in the third quarter of 2019, a year-on-year increase of 7.5%, new UK Finance data revealed
Posted: 22/11/2019
One Mortgage System (OMS), the single-input enquiry to completion processing platform for brokers and packagers, has been adopted by broker, 3mc
Posted: 22/11/2019
Kent Reliance, part of the specialist lending and retail savings group OneSavings Bank, has announced it has joined the Brilliant Solutions Mortgage Club lender panel
Posted: 22/11/2019
Labour has announced plans to freeze any increases to the State Pension Age beyond 66, should it get into power after the General Election
Posted: 21/11/2019
Stonebridge has announced the firm broke its record for lending applications submitted during October this year
Posted: 21/11/2019
The Liberal Democrats party has published its manifesto for the upcoming General Election, which includes a promise to scrap the Capital Gains tax allowance, and to change the rate of income tax
Posted: 21/11/2019
The provisional seasonally adjusted count of residential property transactions in October 2019 increased by 4.3% from the previous month, which was also 4.3% higher than in October 2018, according to HMRC’s latest UK Property Transaction Statistics
Posted: 21/11/2019
Advisers believe that better education for customers is the number one factor for making equity release more attractive and accessible in 2020, according to new research by Canada Life
Posted: 21/11/2019
There has been a new equity release product launched in the UK every 48 hours so far in 2019, according to new analysis from Key’s equity release referral service, Key Partnerships
Posted: 21/11/2019
360 Dotnet has announced a new partnership with the mortgage broker, Alexander Hall, to supply its practice management system, 360 Lifecycle
Posted: 20/11/2019
The FCA has fined Henderson Investment Funds Limited (HIFL) £1,867,900 for failing to fairly treat more than 4,500 retail investors in two of its funds
Posted: 20/11/2019
AIR Group has announced the full API integration between its platform, Air Sourcing, and criteria search provider, Knowledge Bank
Posted: 20/11/2019
InterBay Commercial has completed a loan application based on refinancing its existing 95-unit BTL portfolio and capital raising for further investment opportunities, totalling just over £23.7m
Posted: 20/11/2019
One in every four UK homeowners has used or is using property to generate income, new research from Just Group has revealed.

The study found that 43% of people living in London, and 37% in the North-East, have used their property to generate income, the areas where this was most likely. Just Group announced the least likely areas for homeowners to generate income through property were in Wales with 15%, and Northern Ireland with 9%
Posted: 20/11/2019
Nationwide Building Society has announced it is reducing rates on selected two, three and five-year fixed rate mortgages available up to 60% LTV by up to 0.15%, as well as the reduction on its ten-year fixed rates by up to 1.10%
Posted: 20/11/2019
UK homes are taking 84 days to sell on average, nine days longer than last year, according to the latest data provided by Barclays Mortgages and Hometrack analysis of Zoopla listings data
Posted: 20/11/2019
The Green Party has announced its new manifesto including a radical plan to merge National Insurance, Capital Gains Tax, Inheritance Tax, Dividend Tax and Income Tax into one Consolidated Income Tax.
Posted: 19/11/2019
A third of over-50s don’t think they have enough money to provide them with enough income for their retirement, according to new research by SunLife
Posted: 19/11/2019
Habito has announced the launch of a new range of mortgages specifically designed for portfolio landlords
Posted: 19/11/2019
There were 29,100 new FTB mortgages completed in September 2019, 1.6% more than in the same month in 2018, new UK Finance data revealed
Posted: 19/11/2019
The recommendations made by the Office of Tax Simplification (OTS) for updating and simplifying Inheritance Tax (IHT) legislation, despite reducing complexity, have been met with a ‘cool response’ from financial advisers, according to new research from TIME Investments
Posted: 19/11/2019
Vida Homeloans has announced it is launching new residential and BTL product ranges
Posted: 19/11/2019
Expenditure is exceeding income for 35% of over-55s, and a further 68% of these individuals have dipped into their savings to help plug the gap, according to new research by more2life
Posted: 19/11/2019
As UK households borrow more money than ever before, one in five UK adults do not know the difference between a personal loan and a payday loan, new research from comparethemarket.com has revealed
Posted: 18/11/2019
The FCA and PRA have each decided to ban and fine Stuart Malcolm Forsyth, the former CEO of a small mutual insurer, £78,318 and £76,180 respectively
Posted: 18/11/2019
Forty-seven per cent of adults in the UK are unaware of the schemes helping FTBs get onto the housing ladder, according to new research from Trussle
Posted: 18/11/2019
Forty-five per cent of UK adults who are yet to own a home think that they never will, according to new research by the investment management specialist, Fidelity International
Posted: 18/11/2019
The retirement savings gap is growing at a ‘worrying rate,’ according to the UK fintech company, ABAKA, although the firm’s CEO suggested AI can help transform the level of engagement for savers
Posted: 15/11/2019
There were 290 million transactions on UK cardholders’ credit cards in August this year, 3.8% more than the same month in 2018, new UK Finance statistics revealed
Posted: 15/11/2019
PMS Mortgage Club and Sesame Network, both part of the Sesame Bankhall Group, have added Greenfield Mortgages to their respective bridging lending panels
Posted: 15/11/2019
The number of drawdown plans increased strongly in the third quarter of 2019 as the equity release market recorded its best quarter this year for volume and value of new business, according to new data from Key
Posted: 15/11/2019
October saw a change in the most common criteria searches performed by brokers, new research from Knowledge Bank revealed
Posted: 14/11/2019
There were 25 second charge mortgage repossessions in the third quarter of 2019, reflecting a 30.1% drop from the number recorded in Q3 2018, new figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 14/11/2019
More women live to the age of 100 years old compared to men in the UK, according to new analysis from retirement specialist Just Group, who suggested that life expectancy remains the cornerstone of later-life financial planning
Posted: 14/11/2019
Paragon has announced the launch of a new range of BTL purchase and remortgage products for portfolio and non-portfolio landlords
Posted: 14/11/2019
There were 71,590 UK homeowner mortgages in arrears of 2.5% or more of their outstanding balance in the third quarter of 2019, new UK Finance data revealed.

This represented 0.79% of all outstanding residential mortgages – 9% fewer than in the same quarter in 2018 - meaning the proportion of homeowner mortgages in arrears has remained at a historically low level, with most borrowers continuing to repay their mortgages in full and on time each month
Posted: 14/11/2019
Intermediaries are confident they can ‘weather the storm’ of Brexit and a general election, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 13/11/2019
The average UK house price has increased by 1.3% over the year up to September 2019, which was also unchanged from August 2019, new ONS figures revealed
Posted: 13/11/2019
Most people reaching the State Pension age are not receiving their full pension amount, new DWP figures have revealed
Posted: 13/11/2019
Fleet Mortgages has announced several changes to its lending and product criteria, following feedback from its intermediary partners
Posted: 13/11/2019
Foundation Home Loans has announced several price cuts across its range of two-year BTL fixed rate products
Posted: 13/11/2019
Caspian has announced it will partner with CoinRoutes to offer their sophisticated trading algorithms to the crypto market
Posted: 13/11/2019
Newbury Building Society has announced it has reduced the rates of its 95% LTV fixed mortgage products to further assist customers taking their first step onto the property ladder
Posted: 12/11/2019
UK wage growth slowed down in the third quarter of 2019, with average earnings that exclude bonuses increasing by 3.6%, compared to the 3.9% growth seen in the previous quarter, new ONS figures have revealed
Posted: 12/11/2019
The Moving Hub, the conveyancing platform and case management system for intermediaries, financial advisers and estate agents, has announced a new partnership with Charles Derby Financial Services
Posted: 12/11/2019
Impact Specialist Finance and Harpenden Building Society have completed a £1m interest only residential deal on a new build flat
Posted: 12/11/2019
Forty-nine per cent of adults to have experienced adverse credit in the last three years and are planning to purchase a house in the next year with a mortgage, or remortgage, have said they would use online research to find a broker
Posted: 12/11/2019
The UK’s economy has grown at the slowest annual rate in almost a decade, according to the latest ONS figures
Posted: 11/11/2019
Aviva has announced new improvements to its lifetime mortgage proposition which will give Aviva customers the ability to make unlimited voluntary repayments
Posted: 11/11/2019
The average number of mortgages introduced per office in the third quarter of 2019 was 21.9, a 3% drop from Q2 and the lowest figure since Q2 2017, according to Paragon’s latest Financial Adviser Confidence Tracking (FACT) report
Posted: 11/11/2019
Air Later Life Academy (LLA), the commercial and training organisation for later life advisers, and Air Mortgage Club, the distributor for equity release and later life advisers, have both announced a new relationship with Care Box
Posted: 11/11/2019
Retired households with the lowest incomes are receiving the least support from the State, raising concerns that many cash-strapped pensioners may not be checking their entitlement to benefits because they own their home, new research from HUB Financial Solutions has revealed.

The advisory firm announced that the lowest income group of retired households has a home ownership rate of 88% – higher than all but the richest quintile, at 90%
Posted: 11/11/2019
Habito has announced a new partnership with Impact Specialist Finance, allowing homeowners with a poor credit history access to Impact’s specialist broker services at no cost
Posted: 08/11/2019
Pension scam victims could lose 22 years’ worth of savings within 24 hours, according to new analysis from The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA).

The research, part of the regulators’ joint ScamSmart campaign, has revealed that it could take 22 years for a saver to build a pension pot of £82,000 – the average amount victims lost to scams in 2018
Posted: 08/11/2019
More than half of technical queries received over the past month by one of the largest independent SIPP operators, Curtis Banks, concerned the subject of death benefits
Posted: 08/11/2019
Financial advisers are demanding immediate action to be taken on recruiting more women into the industry, according to new research from Openwork
Posted: 08/11/2019
The FCA has revealed it is looking at ways to better support RegTech solutions through the creation of a ‘digital sandbox'
Posted: 07/11/2019
UK house prices in October were 0.9% higher than in the same month a year earlier, according to new data from the Halifax House Price Index (HPI)
Posted: 07/11/2019
Equities saw their biggest outflows in September since the aftermath of the EU referendum in 2016, with £1.7bn pulled from equity funds by investors, new data from AJ Bell revealed
Posted: 07/11/2019
“The mortgage sector today is a world away from the one that existed a decade ago”, executive FCA Board member and director of strategy and competition, Christopher Woolard has said
Posted: 06/11/2019
Second charge mortgage volumes were up by 20% in September
Posted: 06/11/2019
Consumer finance new business grew by 8% in September, compared with the same month last year, new figures released by the Finance & Leasing Association (FLA) have shown
Posted: 06/11/2019
A Jeremy Corbyn-led government will lead to an exodus of high-net-worth individuals from Britain, deVere Group’s chief executive, Nigel Green has warned
Posted: 06/11/2019
Buy-now-pay-later schemes are luring people into living beyond their means, according to a survey by Hastee, with half of respondents stating that buy not pay later options encourage them to spend money they don’t have
Posted: 06/11/2019
A 25 year old on average earnings who becomes self-employed after 10 years, and maintains personal contributions into their pension at 5%, risks having a pension fund shortfall of £115,300 (39%) compared to if they had stayed in a workplace pension , according to new research by Aegon
Posted: 06/11/2019
UK savers hoping to open a help-to-buy (HTB) ISA have until 30 November 2019 to do so, although rushing to meet the deadline could end up costing individuals dear, Hargreaves Lansdown has warned
Posted: 05/11/2019
Brilliant Solutions has today announced it is teaming up with Knowledge Bank as its exclusive criteria search provider
Posted: 05/11/2019
Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, has sharpened the rates on its range of five-year, fixed-rate deals — and lowered some product fees by as much as 0.5%
Posted: 05/11/2019
The number of landlords planning to buy their next property within a limited company vehicle has increased significantly in the last few months, new data from Foundation Home Loans has revealed
Posted: 05/11/2019
For the third consecutive quarter, the most popular use of a bridging loan was to purchase investment property, according to the latest data from Bridging Trends
Posted: 05/11/2019
Foundation Home Loans has announced it is partnering with Brilliant Solutions’ Mortgage Club
Posted: 04/11/2019
Air Mortgage Club has announced the addition of Nottingham Building Society (The Nottingham) to its retirement lending panel
Posted: 04/11/2019
Almost half of adults in the UK are opting against speaking with an adviser to plan their finances, according to a new Sanlam UK report, titled What’s your Number?
Posted: 04/11/2019
Aspen Bridging has completed a 72.5% LTV semi-commercial bridging loan in 10 days for £425,000, overcoming complex legal issues in the process to ensure a portfolio landlord saved their latest investment
Posted: 04/11/2019
Three-quarters of employers want the pension tax regime simplified, with 67% saying more help should be targeted on lower earners even if this would mean reducing relief for higher income groups, results published in the ACA 2019 Pension trends survey have revealed
Posted: 04/11/2019
The Department for Work and Pensions (DWP) has published a new consultation on simplifying the annual statements sent to defined contribution pension scheme members
Posted: 01/11/2019
SortRefer has launched a new fixed-price remortgage conveyancing product which encompasses all fees required for a straightforward freehold remortgage in England and Wales
Posted: 01/11/2019
New rules have been announced aimed at helping pension savers make the most of their pensions, but putting on a brave face could be costly for retirees seeking to turn their pensions into guaranteed lifetime income, Just Group has warned.

The retirement specialist said the new rules should encourage retirees to fully disclose their health and lifestyle information, which could enable them to secure higher incomes
Posted: 01/11/2019
Fleet Mortgages has launched a revamped website that includes a range of new features and content information
Posted: 01/11/2019
A scheme aimed at providing communities in the UK with free-to-use ATMs has received overwhelming demand in its first month
Posted: 31/10/2019
The FCA has urged customers who took out a loan with Dharam Prakash Gopee to contact them, as they may be eligible for compensation
Posted: 31/10/2019
Lloyds Banking Group has put a further £1.8bn aside for payment protection insurance (PPI) complaints before the August deadline, almost wiping out its third quarter profits
Posted: 31/10/2019
More than £3.35bn has been emptied from pensions by UK savers since April 2015 under ‘small pot lump sum’ rules, new figures from HMRC have revealed
Posted: 31/10/2019
A record £54m was repaid to savers who were overtaxed on pension freedoms withdrawals in the three months to September 2019, new figures from HMRC have revealed
Posted: 30/10/2019
The inheritance tax (IHT) system in the UK is likely to be an ‘area of focus’ as the country gears up towards a December General Election, according to AJ Bell
Posted: 30/10/2019
The proportion of searches for remortgages has increased by 5.3% in the last 12 months, according to new analysis from Experian
Posted: 30/10/2019
As the UK’s two main political parties contend for support from the 10 million savers introduced to pension saving through automatic enrolment, pensions are likely to take a central role in the forthcoming General Election campaign, according to AJ Bell
Posted: 30/10/2019
Starling Bank has launched a smarter euro debit card, giving business and personal customers the power to spend directly in two different currencies with a single debit card
Posted: 30/10/2019
A total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015, new figures published by HMRC have shown
Posted: 30/10/2019
Residential properties are taking nearly a month longer to sell than they did in 2016, hitting a three-year high, according to the September Zoopla UK Cities House Price Index
Posted: 30/10/2019
Openwork, one of the UK’s largest financial advice networks, has announced a record intake to its Academy, welcoming 80 trainees to its training scheme in October alone
Posted: 29/10/2019
Nationwide Building Society has announced it will invest in the auto-switching energy service, Switchd
Posted: 29/10/2019
Annual house price growth remained below 1% for the eleventh month in a row in October, at 0.4%, according to the latest data from the Nationwide House Price Index
Posted: 29/10/2019
The Bank of England (BoE) has revealed the net flow of consumer credit was £0.8bn in September, remaining below the £1.1bn average since July 2018
Posted: 29/10/2019
Stonebridge has announced further growth in appointed representative recruitment into its business, as well as a significant year-on-year growth in its mortgage business activity
Posted: 28/10/2019
Fifty per cent of mortgage brokers believe open banking will have a positive effect on the specialist lending market, according to a new study by Bluestone Mortgages
Posted: 28/10/2019
A new report from the Treasury Committee has suggested the current level of IT failures in the financial services sector is ‘unacceptable.’
Posted: 28/10/2019
The FCA has today confirmed that it has removed barriers that stop some mortgage customers from finding a cheaper mortgage deal
Posted: 28/10/2019
A total of £988m in property wealth was unlocked by over-55 homeowners between July and September this year, a rise in activity of 8% from Q2, according to the latest figures from the Equity Release Council (ERC).

The representative body for the sector revealed that equity release products provided UK over-55s with £11m per day during Q3, up from the total £911m provided during Q2
Posted: 28/10/2019
Average rates are rising and product numbers are dropping for 95% LTV first-time buyer borrowers, according to mortgage insurer, AmTrust
Posted: 28/10/2019
The Personal Investment Management & Financial Advice Association (PIMFA) has responded to the FCA’s pension transfer ruling on contingent charging, and asked for the regulator to ‘raise the bar.’
Posted: 28/10/2019
Since 2012, when the Equality Act came into force, it has been against the law in the UK for businesses to discriminate against people in the provision of goods and services on the basis of age. Which is as much to say, in most circumstances, companies cannot refuse to provide a certain service to someone because they are elderly, or charge them more because of their advanced years.
Posted: 25/10/2019
An innovative approach to financial planning. In our view, clients don’t really want financial products or investments. They never have and never will. What clients really want is the peace of mind and security of knowing where they are heading financially.
Posted: 25/10/2019
Government plans to hold its Budget on 6 November have been cancelled as Boris Johnson announced he would push for a general election
Posted: 25/10/2019
QuickQuid, the largest remaining payday lending firm in the UK, has announced it is to close
Posted: 25/10/2019
The Prudential Regulation Authority (PRA) has announced it is taking action to address the barriers to growth for credit unions, and that it is to launch a consultation on changing capital requirements for credit unions in order to simplify them
Posted: 25/10/2019
Vanguard has reduced the fees across its Exchange Traded Fund (ETF) and mutual fund ranges, lowering the charges on 36 funds available to UK retail investors
Posted: 25/10/2019
Electric cars were on sale a decade ago but who was interested? Few were prepared to overlook high buying costs and poor range for the pleasure of driving a choice of two mainstream models – the modest Mitsubishi i-MiEV hatchback or the tiny Smart Fortwo electric drive
Posted: 24/10/2019
The financial services software provider, 360 Dotnet, has embarked on a multi-stage integration of Legal & General Mortgage Club’s digital mortgage criteria searching tool, SmartrCriteria
Posted: 24/10/2019
The FCA has announced it saw a 17% increase in fraud offences during the last year, in a speech delivered at the Royal United Services Institute, London
Posted: 24/10/2019
The Mortgage Awards 2020 from MoneyAge are now open to entries for mortgage lenders and providers serving clients in the UK
Posted: 24/10/2019
AJ Bell, one of the UK’s largest investment platforms, has revealed that its total customer numbers increased to 232,066 in the last financial year, a 17% rise
Posted: 24/10/2019
Gross mortgage lending across the residential market in September 2019 was £22.3bn, 3.7% higher than in the same month in 2018, according to UK Finance.

There were 85,880 mortgages approved by the main high street banks in September 2019. Mortgage approvals for home purchase were 13.5% higher, remortgage approvals were 23.4% higher and approvals for other secured borrowing were 8.5% higher than in September 2018
Posted: 24/10/2019
Key has launched a new fee free advice service which offers access to a range of more than 80 ‘Key Equity Release’ branded products
Posted: 24/10/2019
Fleet Mortgages has launched a new five-year HMO fix and reduced rates on several of its individual landlord products
Posted: 24/10/2019
Seventy-two per cent of mortgage enquiries are coming from people who have already been refused a mortgage for not being the ‘perfect candidate,’ according to new findings from Mortgage Experience
Posted: 23/10/2019
The National Cyber Security Centre (NCSC) revealed it has thwarted over a million cases of suspected payment card fraud in the past year, according to the organisation’s third Annual Review
Posted: 23/10/2019
Novatech, one of the UK’s largest technology providers, has become the official technology partner of Monzo, to support the business expansion of the mobile bank app
Posted: 23/10/2019
Paradigm Mortgage Services has added Onefamily to its provider panel to boost the range of equity release product options available to its member firms
Posted: 23/10/2019
People in their 70s and 80s are vulnerable to making decisions that lead to financial deprivation if they do not seek support, the Pensions Policy Institute (PPI) has said
Posted: 22/10/2019
The total number of over-65s living alone in the UK is on course to outnumber those aged under-65 for the first time on record within the next three years, according to new findings by the Equity Release Council (ERC).

The representative trade body for the equity release sector has estimated that more than 4 million over-65s will be living alone by 2020 – with this age group set to make up half of single-person households by 2022 – as life expectancies and the rate of divorce in later life increases
Posted: 22/10/2019
As domestic holiday bookings and inbound tourism go from strength to strength, the holiday buy to let market continues to grow at a pace. Dan Atkinson, Head of Sales and Marketing, the Melton Building Society answers some of the questions most frequently asked by brokers
Posted: 22/10/2019
The provisional seasonally adjusted count of residential property transactions in September 2019 is 2.3% higher than September 2018, and 5% higher than August 2019, according to latest figures published by HMRC
Posted: 22/10/2019
Key has announced a new distribution strategy with a refreshed whole-of-market (WoM) advice offering, and a new integrated service proposition
Posted: 22/10/2019
Face-to-face advice for financial planning is still being preferred to robo-solutions, despite a surge in the robo-solutions market, according to new research by Openwork
Posted: 22/10/2019
The population of the UK is expected to grow by approximately 3 million people by 2028, though according to the latest ONS data, this won’t affect the number of people of pensionable age
Posted: 21/10/2019
UK equity funds have fallen in value since Brexit and are now offering an improved yield for investors, with the FTSE 100 as a whole forecast to yield 4.8% for 2019, according to data from AJ Bell
Posted: 21/10/2019
Retail investors have withdrawn more than £4bn from the leading UK direct property funds in the past year, with concerns about the impact of Brexit on property values making investors nervous, according to new analysis by AJ Bell
Posted: 21/10/2019
Air Later Life Academy (LLA) has announced that its training programme has received endorsement from The London Institute of Banking & Finance (LIBF)
Posted: 21/10/2019
Impact Specialist Finance has announced it has agreed an approved packager agreement with Hampshire Trust Bank (HTB), which will provide access to the specialist lender’s entire product range
Posted: 21/10/2019
Pension providers should embrace technology and digital solutions in order to rebuild consumer trust before the FCA’s new investment pathways come into force next year, according to the UK fintech company, Abaka
Posted: 18/10/2019
Nationwide has been issued with legal directions by the Competitions and Markets Authority (CMA) after it both failed to send and sent inaccurate PPI reminders to more than 7,000 customers
Posted: 18/10/2019
The Bank of England (BoE) has announced that it will publish its UK annual stress test results on 10 December 2019
Posted: 18/10/2019
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have added Zephyr Homeloans to their BTL lending panels
Posted: 18/10/2019
The FCA has revealed that regulated firms received 4.29 million complaints in the first half of 2019 (H1), showing a 10% increase from the 3.91 million complaints made in the second half of 2018 (H2)
Posted: 17/10/2019
A package of measures to help people on lower incomes get onto the housing ladder were confirmed today by the Housing Secretary, Robert Jenrick MP
Posted: 17/10/2019
The FCA has started proceedings against Park First Limited, its senior managers, including its CEO, and several other companies connected to the Park First group
Posted: 17/10/2019
More than three-quarters of UK workers are unaware how much their pension value is worth, according to a new survey by Portafina.

Research by the pension advice specialist has revealed that workers are struggling to keep track of their own pension savings – meaning they could be missing out on thousands of pounds in retirement
Posted: 17/10/2019
Fintech companies could be helping migrant workers in the UK to transfer a combined £520m back to emerging economies abroad, according to new analysis from Paysend
Posted: 17/10/2019
Financial services firms are less likely than other sectors to have confidence in the effectiveness of their cyber security detection mechanisms, according to new research released by Kroll
Posted: 16/10/2019
Swansea Building Society has become the latest lender to be added to Paradigm Mortgage Service’s lender panel
Posted: 16/10/2019
The latest CPI figure has been recorded at 1.7% in September 2019, meaning the lifetime allowance (LTA) is boosted to £1,073m
Posted: 16/10/2019
The rate of rental growth is increasing as supply tightens and demand increases, according to a new quarterly report published by Zoopla
Posted: 16/10/2019
Retirees are in line for a bumper 3.9% state pension increase, after the September inflation figure was confirmed at 1.7%
Posted: 16/10/2019
UK adults, on average, are expecting to receive an inheritance windfall of £132,000 from their parents, according to new research from the retirement specialist, Just Group
Posted: 16/10/2019
Foundation Home Loans has announced the completion of its fourth securitisation under the Twin Bridges platform, since its inception in 2017.
Posted: 15/10/2019
Former star fund manager, Neil Woodford, has been ousted as investment manager of his £3.5bn flagship fund, Woodford Equity Income Fund, which will be wound up and cash returned to investors
Posted: 15/10/2019
Almost 5 million people are classed as self-employed in the UK, an increase of 162,000 compared to a year ago, according to new research by AJ Bell
Posted: 15/10/2019
Key Group has appointed Gillian Kent as non-executive director
Posted: 15/10/2019
Impact Specialist Finance has launched a new referral service to manage regulated and non-regulated referrals for its broker partners
Posted: 15/10/2019
A total of 35,010 new first-time buyer mortgages were completed in August 2019, 0.7% more than in the same month in 2018, and the highest monthly total since August 2007 when there were 35,070 new first-time buyer mortgages
Posted: 15/10/2019
Foundation Home Loans has launched three new fee-assisted five-year BTL products that will be available across both its Tier 1 and Tier 2 product ranges
Posted: 14/10/2019
The Queen’s Speech has today outlined government proposals relating to pension dashboards, irresponsible pension scheme management and the issue of pension scamming
Posted: 14/10/2019
Habito has launched a brand-new home-financing service, ‘Habito Go,’ designed to give FTBs the advantages and negotiating power usually only enjoyed by cash buyers
Posted: 14/10/2019
New measures to provide simpler oversight of pensions savings are to be brought forward, and a commitment to protect people’s retirement pots with new laws providing greater powers to tackle irresponsible management of private pension schemes, are among the government’s policies announced today in the Queen’s speech
Posted: 14/10/2019
Vida Homeloans has announced new changes to its help-to-buy (HTB) products, cutting its HTB purchase and remortgage rates by up to 0.31%
Posted: 14/10/2019
Almost half of UK homeowners over the age of 55, the equivalent to 3.6 million people, would consider moving homes if stamp duty was abolished for ‘last-time buyers’, according to a nationwide study from Key
Posted: 14/10/2019
The average monthly remortgage payment in the UK increased by £214.31 in August, according to new data from LMS
Posted: 14/10/2019
Potential changes from the fallout of Brexit including rental caps and the introduction of a ‘Right to Buy’ for private tenants could be devastating, according to specialist lender representatives speaking at an event in Coventry
Posted: 11/10/2019
The Office of Tax Simplification (OTS) has urged the Treasury to review a series of complex pension tax measures, in a latest report, with the impact of the money purchase annual allowance (MPAA), annual allowance and lifetime allowance all under the microscope
Posted: 11/10/2019
Mortgage advisers looking to ensure that their firm is compliant with the upcoming Senior Managers & Certification Regime (SMCR) need to complete any final preparations now, according to TMA
Posted: 11/10/2019
While the BTL market is moving in a more specialist direction, it should not necessarily preclude advisers from being as active as possible and targeting the sector to secure greater levels of business, a panel of lender representatives has said
Posted: 11/10/2019
The winners of the MoneyAge Awards 2019 were announced last night at a gala ceremony in London
Posted: 11/10/2019
Tullett Prebon has been fined £15.4m by the FCA for failing to conduct its business with due skill, care and diligence, failing to have adequate risk management systems, and for failing to be open and cooperative
Posted: 11/10/2019
Paradigm Mortgages Services has added the later life lender, more2life, to its provider panel
Posted: 11/10/2019
The net cost of income tax relief on pension contributions will be £21.2bn this year, new figures released by HMRC show
Posted: 10/10/2019
The Chartered Institute for Securities & Investment (CISI) has launched its new mental health support portal, aimed to encourage the conversation around mental health for its global membership, financial services professionals and staff
Posted: 10/10/2019
Demand for new properties in England has fallen to its lowest level since 2013, an assessment by the Federation of Master Builders (FMB) has found
Posted: 10/10/2019
A myriad of inheritance and financing issues have been overcome in a “complex” bridging loan case dealt with by Crystal Specialist Finance (CSF)
Posted: 10/10/2019
The number of agreements in the second charge mortgage market increased by 12% in August from the previous year, according to new data from the Finance & Leasing Association (FLA)
Posted: 10/10/2019
Eighty-four per cent of financial advisers believe that Individual Savings Accounts (ISAs) have become unnecessarily complicated, according to a new industry survey
Posted: 10/10/2019
New research has revealed that 59% of all UK properties on sale over the last year were exempt from paying any type of transactional tax for FTBs, according to Zoopla
Posted: 10/10/2019
SmartSearch, one of the UK’s leading providers of RegTech software focused on anti-money laundering (AML) solutions, has announced that it has received a growth equity investment from global investment firm, Marlin Equity Partners
Posted: 10/10/2019
The number of customer complaints made to the Financial Ombudsman Service (FOS) relating to defined benefit (DB) transfers rose by 44% in 2018/19 in comparison to the previous year, according to research from Duff & Phelps
Posted: 09/10/2019
The lang cat has revealed how financial advisers are overcoming barriers to using investment companies with clients, under new research commissioned by the Association of Investment Companies (AIC)
Posted: 09/10/2019
Responsible Equity Release has been added to Legal & General Mortgage Club’s approved specialist distribution panel, SmartrRefer
Posted: 09/10/2019
The proportion of over-55s who have been in debt in the last five years and have borrowed using credit cards has jumped from 37% in 2018, to 54% in 2019, according to new research from more2life
Posted: 09/10/2019
Buy-to-let specialist Zephyr Homeloans has been appointed to the Legal & General Mortgage Club lender panel
Posted: 09/10/2019
The Nottingham has increased its Lifetime ISA (LISA) interest rate to 1.25% AER, the building society has confirmed today
Posted: 09/10/2019
The FCA has urged members of the public who lost money in an unauthorised scheme called the Churchgate Trading Syndicate to contact them, as they may be eligible to receive some of their money back
Posted: 08/10/2019
The number of live FCA investigations into cryptocurrency businesses has increased by 74% over the past year, according to Pinsent Masons
Posted: 08/10/2019
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have bolstered their specialist lending panels with the addition of BTL lender, Axis Bank UK
Posted: 08/10/2019
Hanley Economic Building Society has launched a new ‘part-complete self-build’ product, aimed at borrowing for projects that are already underway
Posted: 08/10/2019
The head of the Institute of Economic Affairs (IEA) has suggested that scrapping the current tax-free pensions lump sum could be a way for the government to fund the abolition of inheritance tax (IHT).
Posted: 08/10/2019
Intermediary-only lender Foundation Home Loans has confirmed a new partnership with mortgage network Mortgage Intelligence
Posted: 08/10/2019
Connect for Intermediaries has been appointed by Legal & General Mortgage Club as one of its recommended partners on its new referral service, SmartrRefer
Posted: 08/10/2019
Chase de Vere has unveiled a new service focused on providing independent financial advice to dentists, as well as a new partnership with Denplan
Posted: 07/10/2019
Saffron Building Society says it has extended the terms and reduced the rates and fees on its expat mortgages “in response to feedback from intermediaries”
Posted: 07/10/2019
Paragon has launched a new intermediary portal, with additional features to make it easier for buy-to-let mortgage intermediaries to make and manage applications online
Posted: 07/10/2019
Annual house price growth in the UK dipped to 1.1% last month, according to the latest Halifax House Price Index
Posted: 07/10/2019
OneSavings Bank and Charter Court Financial Services Group have now combined their two businesses, it has been announced
Posted: 07/10/2019
As an industry, we have the ability to help shape people’s futures by delivering independent, qualified and expert advice. Our advice changes lives and lifetime financial planners can have a deep, lasting and positive impact on our clients, how they live and their enjoyment in later life
Posted: 07/10/2019
Legal & General has secured the go-ahead from the FCA to launch an advice business for Legal & General Home Finance’s range of lifetime mortgages
Posted: 04/10/2019
Consumers in the UK could be paying £1.2bn over the odds for their home and motor insurance policies, a new report from the FCA has claimed
Posted: 04/10/2019
Confiscation orders have been made against three individuals following their convictions and prison sentences for running an illegal investment scheme that lost investors over £1.4m
Posted: 04/10/2019
The Opposition has responded to yesterday’s High Court decision in the state pension age case, offering to support the women affected if it were to win the next General Election
Posted: 04/10/2019
The number of new properties currently being built in England is down 8% on last year, new government figures have shown
Posted: 03/10/2019
Investing 50p a day since the coin’s launch in October 1969 could have netted you up to £12m, an analysis by Hargreaves Lansdown suggests
Posted: 03/10/2019
The High Court has ruled against a discrimination claim bought by campaigners which challenged the government’s handling of the state pension age rise for women
Posted: 03/10/2019
The Legal & General Mortgage Club has added conveyancing platform and case management system The Moving Hub to its SmartrRefer network of specialist partners
Posted: 03/10/2019
Chancellor Sajid Javid has said there is a “real issue” with inheritance tax, and inferred that a change to the rules could be on the cards
Posted: 02/10/2019
HM Revenue & Customs reported itself to the police watchdog in relation to the suicides of three individuals who received large tax bills relating to the controversial loan charge, it has been revealed
Posted: 02/10/2019
Bluestone Mortgages will be joining PRIMIS Mortgage Network’s lender panel, the two companies have announced today
Posted: 02/10/2019
Hinckley & Rugby Building Society has boosted its later life lending offering, unveiling a new five-year fix as well as a cut in interest rates on two existing later life products, including a RIO mortgage
Posted: 02/10/2019
Annual house price growth dipped to 0.2% in September, according to the latest Nationwide House Price Index.
Posted: 01/10/2019
Foundation Home Loans has announced the launch of a new five-year buy-to-let product, called ‘ERC 3’, aimed at those landlord clients who want rate certainty but with some flexibility regarding possible product switching in the future
Posted: 01/10/2019
The property stamp duty bill for the UK has dropped by 7% to just under £12bn, compared to a 10% rise last year, as the effects of first-time buyer relief and an 8% fall in the sale of £1m+ properties begin to take their toll
Posted: 01/10/2019
Over £17bn of assets owned at death by UK citizens is held in cash, an average of £69,000 per estate, according to analysis of HMRC figures by Equiniti Benefactor. Unsurprisingly, residential property accounts for a majority of inherited wealth, accounting for £43bn, 54 per cent of the total wealth inherited in the UK each year.
Posted: 01/10/2019
The Financial Conduct Authority (FCA) has today fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities
Posted: 30/09/2019
Vida Homeloans has today announced the launch of its new Buy to Let Hub, powered by eTech, specifically designed to improve its portfolio underwriting service to brokers
Posted: 30/09/2019
Mortgage approvals fell to £3.9 billion in August, but this followed a strong net flow of £4.5 billion in July, so the figure remains in line with the post 2016 average, according to the Bank of England’s latest Money and Credit statistical release. The industry has responded positively to the figures, hailing them as a sign of the market’s strength in difficult times.
Posted: 30/09/2019
The UK government is writing to British pensioners living in the EU to reassure them that their state pensions will continue to be paid when the UK leaves the EU, even in the event of a no deal Brexit.
Posted: 27/09/2019
Gross mortgage lending across the residential market in August 2019 was £24bn, 3.2% lower than in the same month in 2018, according to UK Finance
Posted: 25/09/2019
Financial fraud has risen by 14% this year according to new data from Experian, with criminals turning their attention to younger people who have just bought their first home
Posted: 25/09/2019
Over 190,000 retirement plans entered drawdown and were not fully withdrawn in 2018/19, new FCA figures have shown
Posted: 25/09/2019
Homeowners who lapse onto their lender’s Standard Variable Rate (SVR) mortgage are facing the ‘ultimate loyalty penalty’ of £4,500 per year on average, according to research from online mortgage broker, Trussle, or collectively are missing out on £9bn worth of savings
Posted: 25/09/2019
Sainsburys Bank is to immediately stop new mortgage sales as part of its financial services five year plan
Posted: 25/09/2019
PMS Mortgage Club has announced that specialist lender Together has been added to its panel
Posted: 24/09/2019
JLM Mortgage Services has revealed that advisory firm Fosters Financial has now joined its mortgage and protection network
Posted: 24/09/2019
IFAs should not risk a fine by falling foul of health and safety legislation, a consultancy firm has cautioned
Posted: 24/09/2019
There were 99,890 residential transactions completed in August 2019 on a provisional seasonally adjusted basis; 0.9% lower than August 2018 and 15.8% higher than July 2019
Posted: 24/09/2019
Homeowners aged over 55 unlocked £1.85bn in housing wealth in the first half of this year, according to the Equity Release Council’s Autumn 2019 Market Report
Posted: 24/09/2019
TMA Club has announced the addition of equity release lender, more2life, to its equity release panel
Posted: 24/09/2019
SimplyBiz Mortgages has announced that Reliance Bank has joined its lenders panel with immediate effect
Posted: 24/09/2019
In England, 8.4 million people – or one in seven of the population – are still in need of a suitable home, according to the National Housing Association
Posted: 23/09/2019
The fraud team at Lloyds Bank has developed a new way to spot scams before its customers lose any money
Posted: 23/09/2019
More than half of Britons aged over 45 would find it “helpful” to be referred to a professional financial adviser to assist them in making plans to meet care costs for themselves or a loved one
Posted: 23/09/2019
Less than half (42%) of people renting privately in the UK want to buy a property in the near future, new research has suggested
Posted: 23/09/2019
Financial advisers should consider recording client interactions to help both in the event of a complaint and in understanding their clients’ needs better, an FCA director has advocated
Posted: 20/09/2019
Mortgage advisers have seen a surge in enquiries from those aged over 55 looking for ways to help their children or grandchildren onto the property ladder, according to a new industry survey
Posted: 20/09/2019
The Royal Bank of Scotland Group has named Alison Rose as its new CEO, set to take over from Ross McEwan on 1 November
Posted: 20/09/2019
The all-time lowest fixed interest rate for a lifetime mortgage has been launched in the UK by Responsible Lending
Posted: 20/09/2019
The Bank of England’s MPC has voted unanimously to maintain the Bank Rate at 0.75%
Posted: 19/09/2019
The proportion of landlords who believe that tenant demand is ‘growing or booming’ has increased to its highest level in almost a year, according to a new survey
Posted: 19/09/2019
UK citizens paid £5.4bn in inheritance tax (IHT) in 2018/19, up 3% increase on the previous tax year, new HMRC figures have revealed
Posted: 19/09/2019
Investment and financial planning group Tilney is to merge with professional services and accountancy firm Smith & Williamson
Posted: 19/09/2019
Families could claim back thousands of pounds in inheritance tax (IHT) following the latest slump in house prices, a financial advice firm has highlighted
Posted: 19/09/2019
Habito has unveiled its first suite of company buy-to-let (BTL) mortgages, adding to the individual BTL mortgages that it launched two months ago
Posted: 18/09/2019
A record number of people have contacted StepChange for help with their debts this year, the UK’s largest debt advice charity has revealed
Posted: 18/09/2019
UK house prices have seen their lowest annual growth in seven years
Posted: 18/09/2019
Broadleaf Financial Services has been bought by the AFH Financial Group, the two companies have confirmed
Posted: 18/09/2019
Advisers should be urging their clients to check if any trusts they hold are registered in order to avoid an unintentional fine, WAY Investment Services has cautioned
Posted: 18/09/2019
The vast majority of young Britons would still prioritise buying a home over renting one, research collated by Share to Buy has shown
Posted: 17/09/2019
Mortgage lending has gone up across the majority of the sector, according to the new Mortgage Trends Update released by UK Finance
Posted: 17/09/2019
Conveyancing platform and case management system The Moving Hub has partnered with The Property Jungle, a provider of bespoke and template property websites
Posted: 17/09/2019
Homeowners planning on taking out one of the new retirement interest-only (RIO) loans face paying a “shocking” premium for continuing to delay the repayment of their capital balance, according to Royal London
Posted: 17/09/2019
Investment platform AJ Bell has introduced a new solution to help financial advisers manage clients taking an income in retirement
Posted: 16/09/2019
Sainsbury’s is in talks with financial advisers as it explores a sale of its mortgage book for £1.3bn
Posted: 16/09/2019
Vida Homeloans has unveiled a new education campaign called Every mortgage tells a story, that aims to assist brokers in identifying specialist customers
Posted: 16/09/2019
The Conveyancing Association (CA) has outlined issues around ID checks in the home buying process in its response to the government’s consultation on digital identity
Posted: 16/09/2019
Foundation Home Loans has announced the launch of two new five-year buy-to-let (BTL) fixed-rate mortgages, as well as a series of rate cuts across other products in its range
Posted: 16/09/2019
The number of new agreements for second charge mortgages rose by nearly a quarter in July, according to the latest figures from the Finance & Leasing Association (FLA)
Posted: 13/09/2019
Specialist lender Together has today revealed record growth as its loan book reached a new high of £3.7bn
Posted: 13/09/2019
Shadow chancellor John McDonnell has indicated that the Labour party would propose a new financial transaction tax to raise money for the Treasury
Posted: 13/09/2019
The AFH Financial Group has completed the acquisitions of two IFA businesses – Mulberry Independent Financial Advisers and AE Garment Independent Financial Services
Posted: 13/09/2019
Paragon Banking Group has announced today that it will be appointing Richard Rowntree as its new managing director of mortgages, subject to regulatory approval
Posted: 12/09/2019
The next autumn report by the Equity Release Council will reveal that the number of customers served by the industry in the first half of 2019 was down on the same period in 2018
Posted: 12/09/2019
A son has lost a three-year court battle with his three siblings over his mother’s will, after a judge decided that her dementia symptoms had not adversely affected her capacity to set out her final wishes
Posted: 12/09/2019
The mortgage market does not want to see the FCA rowing back on the commitments it made in the Mortgage Market Review (MMR) around the need for advice, a leading group of lenders has said
Posted: 12/09/2019
Near term sales expectations in the UK residential market have slipped deeper into negative territory
Posted: 12/09/2019
Borrowers who originally came through the intermediary channel but opt to conduct future mortgage business via execution-only channels have been branded ‘a missed opportunity’ for advisers
Posted: 11/09/2019
Housing market sentiment in the UK has fallen to its second lowest level since the EU referendum, the Building Societies Association (BSA) has revealed
Posted: 11/09/2019
The government’s approach to the private rented sector is “incoherent”, according to a former member of the Bank of England’s Monetary Policy Committee (MPC)
Posted: 11/09/2019
Four in ten people do not know how much money can be passed on inheritance tax free in the UK, new research from Zurich has found
Posted: 11/09/2019
Britons aged over 60 are missing out on up to £1.75bn in pension savings by opting out of their workplace pensions, according to new figures released by Royal London
Posted: 11/09/2019
The proportion of mortgages advanced last quarter with a loan to value (LTV) ratio exceeding 90% was the highest in nearly 11 years, the latest official statistics have shown
Posted: 10/09/2019
The Money Group has rolled out a new enquiry to completion mortgage processing CRM platform for brokers across all of its brands
Posted: 10/09/2019
Major digitisation of the wealth management industry is needed if traditional sector players are to prosper in the future, a new report has claimed
Posted: 10/09/2019
Interest only loans continued to attract strong attention from mortgage brokers and borrowers in August, according to the latest analysis released by criteria search specialist Knowledge Bank
Posted: 10/09/2019
Lloyds Banking Group faces an extra bill of up to £1.8bn, covering claims for the mis-selling of Payment Protection Insurance (PPI)
Posted: 09/09/2019
Over 90% of UK advisers have changed their approach to adviser charging in the last two years, according to Platforum
Posted: 09/09/2019
Earl Shilton Building Society (esbs) has joined the SimplyBiz Mortgages panel
Posted: 09/09/2019
Smartr365 has announced the upcoming integration of Legal & General Mortgage Club’s digital mortgage criteria searching tool, SmartrCriteria
Posted: 09/09/2019
The Institute of Public Policy Research Commission on Economic Justice is calling for a change to the way wealth is taxed.

It has suggested capital gains should be taxed at the same rate as income, and this would see tax rates on gains from share price rises hiked from 18% to 45% for higher rate taxpayers
Posted: 09/09/2019

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news by email.


Every Mortgage Tells a Story
Vida Homeloans is the award-winning specialist mortgage lender for residential and buy to let customers who may not fit the criteria currently demanded by high street lenders. View this video now on how Vida help those in their personal circumstances or their investment strategies.