Latest News
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Housing affordability ‘stretched’ but ‘gradually improving’, Nationwide says
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Titan Wealth confirms Advisa Wealth acquisition
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Paragon Bank posts growth in lending volumes
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IHT receipts continue to rise at the end of 2024
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Quilter hits record core net inflows in 2024
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Rockwool pension scheme completes £53m buy-in with Royal London
Archive News
Today's round up of developments coming out of the consumer finance space, featuring Countrywide Surveying Services, Rosemount Financial Solutions and Gatehouse Bank
Posted: 24/01/2025
Housing affordability in the UK has made a "modest improvement" over the past year but remains "stretched" by historic standards, Nationwide has found.
The building society revealed in its latest housing affordability report that a prospective buyer earning the average UK income and buying a typical first-time buyer (FTB) property with a 20% deposit would have a monthly mortgage payment equivalent to 36% of their take-home pay
The building society revealed in its latest housing affordability report that a prospective buyer earning the average UK income and buying a typical first-time buyer (FTB) property with a 20% deposit would have a monthly mortgage payment equivalent to 36% of their take-home pay
Posted: 24/01/2025
Mortgage Business Expo (MBE) has announced that deputy agent for the North West at the Bank of England, Ken Clark, will be its keynote speaker for MBE North 2025
Posted: 24/01/2025
Paragon Bank has reported an “encouraging” start to its financial year after posting growth in new lending volumes
Posted: 24/01/2025
The Rockwool Limited Pension Scheme has completed a £53m full-scheme buy-in with Royal London
Posted: 24/1/2025
Titan Wealth has announced the acquisition of Jersey-based financial advisory firm, Advisa Wealth, subject to regulatory approval
Posted: 24/01/2025
Quilter has announced that it reached record core inflows in 2024, totalling £5.2bn
Posted: 23/01/2025
The Financial Conduct Authority (FCA) has called on wholesale brokers to enhance their risk awareness and training to guard against money laundering
Posted: 23/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Interbridge Mortgages, Mansfield Building Society and Target Group
Posted: 23/1/2025
Paradigm Protect, the directly authorised protection proposition from Paradigm Mortgage Solutions, has announced a new partnership with insurance solutions firm, First2Protect, for both household and buy-to-let (BTL) general insurance business (GI) business referrals
Posted: 23/01/2025
Over half (58%) of landlords with properties rated below energy performance certificate (EPC) C rating are putting off work to bring their properties up to scratch, Landbay has found
Posted: 23/01/2025
A total 48,862 new buy-to-let (BTL) loans worth £8.6bn were advanced in the UK during Q3 last year, new figures released by UK Finance have revealed
Posted: 22/01/2025
Raindrop has retrieved £251m in lost pension pots for customers in 2024, marking a 61% year-on-year increase from £156m in 2023
Posted: 22/01/2025
Pivotal Growth has announced a strategic move into the employee benefits sector with the acquisition of Radcliffe & Newlands Mortgages
Posted: 22/01/2025
Today's round up of developments coming out of the consumer finance space, featuring RAW Capital Partners, Aegon and Aldermore
Posted: 22/01/2025
Perspective Financial Group has announced that it completed five acquisitions in December, taking the group’s total in 2024 alone to 29
Posted: 22/01/2025
Sikoia has launched a strategic partnership with Tandem Bank to automate key aspects of income verification and document handling processes
Posted: 22/01/2025
Inheritance tax (IHT) receipts collected by HM Revenue and Customs (HMRC) reached £6.3bn between April and December 2024, an increase of £600m on the same period in 2023
Posted: 22/01/2025
The Government is facing growing pressure to rethink its plans to bring pensions into the scope of inheritance tax (IHT), with a number of industry organisations calling for "fundamental" changes to the plans
Posted: 21/01/2025
There has been a significant rise in the number of people taking out mortgages with a term of 35 years or more, according to new freedom of information (FOI) data analysed by Quilter
Posted: 21/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, StreamBank and Octopus Investments
Posted: 21/01/2025
Firms hoping that the Government’s call to boost growth through regulatory reform will mean cuts to Consumer Duty will be "disappointed", MorganAsh has warned
Posted: 21/01/2025
The financial services sector is set to play a “key role” in designing a new growth and competitiveness strategy to boost the economy, the Treasury has announced
Posted: 21/01/2025
Moneybox has reported an 82% increase in mortgage in principle applications in December, as first-time buyers rushed to get ahead of the stamp duty changes
Posted: 21/01/2025
RAW Capital Partners has become the latest firm to be added to Paradigm’s lender panel
Posted: 21/01/2025
Consumer Duty is having a major influence on advice practice, according to data published by the lang cat
Posted: 20/01/2025
Pension contributions are not a priority for pension savers until they reach their 50s, Standard Life has found
Posted: 20/01/2025
Three in five UK adults (62%) are concerned or “very concerned” about their finances, a new report from Schroders Personal Wealth (SPW) has indicated
Posted: 20/01/2025
PEXA has announced that it has processed £100m in UK remortgage transactions through its platform
Posted: 20/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, Hampshire Trust Bank and Lantern
Posted: 20/01/2025
More than six million accounts could be at risk of breaching the personal savings allowance (PSA) and facing a tax bill, Shawbrook Bank has warned
Posted: 20/01/2025
Today's round up of developments coming out of the consumer finance space, featuring conveybuddy, The Cambridge Building Society and Santander
Posted: 17/01/2025
Two of the mortgage industry’s trade bodies are urging brokers and lenders to manage borrower expectations ahead of the approaching stamp duty deadline
Posted: 17/01/2025
The number of probate cases taking over a year to be granted increased by 134% between 2020 and 2023, Quilter has found
Posted: 17/01/2025
Holophane Retirement Benefits Scheme has completed a £24m buy-in with Pension Insurance Corporation (PIC), securing the pensions of 95 pensioners and dependants and 74 deferred scheme members
Posted: 17/01/2025
Swedish wealth manager Söderberg & Partners has announced investments in three more UK-based IFA firms
Posted: 17/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Hope Capital, Foundation Home Loans and Atom bank
Posted: 16/01/2025
Gross domestic product (GDP) growth has been described as "sluggish" by AJ Bell, after it increased marginally by 0.1% in November
Posted: 16/01/2025
The British Business Bank has agreed a £150m funding deal with Shawbrook to increase the amount of development finance that the specialist bank can provide to smaller housebuilders in the UK.
The transaction was made under the British Business Bank’s ENABLE Build programme
The transaction was made under the British Business Bank’s ENABLE Build programme
Posted: 16/01/2025
The number of mortgage searches in 2024 increased year-on-year by 8%, analysis by Twenty7tec has found
Posted: 16/01/2025
Pivotal Growth has announced the acquisition of Business Protection Solutions (BPS), a protection insurance broker based in Northern Ireland
Posted: 16/01/2025
Market Financial Solutions has joined Try Mortgage Network’s panel of lenders
Posted: 15/01/2025
FirstXtra Financial Services has become the latest firm to join the mortgage intermediary and specialist network, Mortgage Advice Bureau (MAB)
Posted: 15/01/2025
The average UK house price climbed by 3.3% in the year to November, the latest UK House Price Index from the Office for National Statistics (ONS) has shown
Posted: 15/01/2025
The UK’s rate of inflation slowed to 2.5% in the year to December, according to the latest figures published by the Office for National Statistics (ONS)
Posted: 15/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Tembo, 7IM and Target Group
Posted: 15/01/2025
Two in five (40%) landlords believe that possession grounds proposed in the Renters Rights Bill could assist them going forward, Landbay has found
Posted: 15/01/2025
Half of UK adults would admit that they only have £250 or less in savings dedicated to emergencies, Starling Bank has found
Posted: 15/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Buckinghamshire Building Society and Castle Trust Bank
Posted: 14/01/2025
Mortgage Advice Bureau (MAB) has announced a "strategic stake" in provider of mortgage data and technology solutions, Dashly, adding to an already established partnership
Posted: 14/01/2025
British Business Investments has announced an initial £20m funding facility to speciality lender, Sprk Capital
Posted: 14/01/2025
The proportion of incorporated property held within portfolios of landlords who utilise companies has more than doubled since the first quarter of 2020, Paragon Bank has revealed
Posted: 14/01/2025
Twenty-three per cent of independent financial advisers (IFAs) are planning to introduce AI tools into their services to clients within the next 12 months, according to a new survey from Opinium
Posted: 14/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Investec Bank and Market Financial Solutions
Posted: 13/01/2025
Average mortgage rates on two and five-year fixed products have fallen this month to 5.48% and 5.25% respectively, new data from Moneyfacts has shown
Posted: 13/01/2025
The housing market has been described as "turning" by e.surv, despite house prices in England and Wales falling by 2% year-on-year
Posted: 13/01/2025
Paradigm has announced the addition of specialist buy-to-let (BTL) mortgage lender, ModaMortgages, to its lender panel
Posted: 13/01/2025
Leek Building Society has become the latest lender to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 13/01/2025
The Financial Conduct Authority (FCA) has fined interdealer broker Arian Financial £289,000 for failing to have effective controls against financial crime
Posted: 10/01/2025
The number of residential property transactions fell by 6% in November compared to October’s total, new figures published by HMRC have shown
Posted: 10/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, OneFamily and Landbay
Posted: 10/01/2025
Twenty7tec has announced the successful integration of NatWest into its APPLY module
Posted: 10/01/2025
The Compass Group Pension Plan has secured a £1.5bn buy-in with Standard Life, covering the benefits of over 14,000 pensioner members and 11,000 deferred members
Posted: 10/01/2025
A new investment platform for financial planners, Attivo Investments, has announced its launch to the market
Posted: 09/01/2025
Savers who are taking part in dry January could knock almost £13,000 off their mortgage term in interest, Santander has found
Posted: 09/01/2025
Pivotal Growth has announced the acquisition of Cheshire-based mortgage broker, Watts Commercial Finance, for an undisclosed amount.
The move will see managing director of Watts Commercial Finance, Phil Gray, join the Pivotal Growth team
The move will see managing director of Watts Commercial Finance, Phil Gray, join the Pivotal Growth team
Posted: 09/01/2025
The Scottish housing market has been described as "quiet" at the end of 2024 by Walker Fraser Steele, but the chartered surveyor said that the outlook remains "positive"
Posted: 09/01/2025
Fintech firm Sikoia has announced a new partnership with specialist loan brokerage, Y3S
Posted: 09/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Pivot, Aspen Bridging and Bluestone Mortgages
Posted: 09/01/2025
Over half (53%) of homeowners have stated that they don’t know their home’s energy performance certificate (EPC) rating, despite many believing that it can reduce bills and boost property value, Atom bank has found
Posted: 09/01/2025
Foster Denovo has announced the acquisition of Verum Wealth as the financial adviser group expands its presence in Scotland
Posted: 08/01/2025
PRIMIS has announced that Market Financial Solutions is the latest firm to join its lender panel
Posted: 08/01/2025
Today's round up of developments coming out of the consumer finance space, featuring CHL Mortgages, Landbay and Afin Bank
Posted: 08/01/2025
TMA Mortgage Club has announced the addition of Lendco to its lender panel
Posted: 08/01/2025
ModaMortgages, a new buy-to-let (BTL) mortgage lender from Chetwood Bank, has officially launched today
Posted: 08/01/2025
The total average yield for rental properties across England and Wales reached 7.4% in Q4 2024, new data published by Fleet Mortgages has indicated
Posted: 08/01/2025
Nottingham Building Society (BS) has joined finova Broker’s payment and mortgage services (fPMS) mortgage club lending panel
Posted: 08/01/2025
The Treasury Select Committee has called on evidence to examine whether the lifetime ISA (LISA) is still an appropriate financial product
Posted: 07/01/2025
C&J Clark Pension Fund has completed a £540m buy-in with Pension Insurance Corporation (PIC), securing the pensions of almost 5,000 pensioners and dependants and over 3,000 deferred policyholders
Posted: 07/01/2025
Financial services consultancy Broadstone has agreed terms with Lovell Minnick Partners (LMP) for a strategic growth investment
Posted: 07/01/2025
Azets Wealth Management has agreed a deal to acquire chartered financial planning firm, Laurus Associates, for an undisclosed amount
Posted: 07/01/2025
House prices fell by 0.2% month-on-month in December, marking the first drop in the average price since March, Halifax has revealed
Posted: 07/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Norton Home Loans, PEXA and Hanley Economic Building Society
Posted: 07/01/2025
Just Group has partnered with secure digital communication provider, Beyond Encryption, to utilise its secure email product, Mailock
Posted: 07/01/2025
Former WealthTek LLP principal partner, John Dance, has pleaded not guilty to nine criminal charges, including multiple counts of fraud and money laundering
Posted: 06/01/2025
Hampshire Trust Bank (HTB) has completed a £3.93m development finance loan to support the creation of five pre-let retail units in Faverdale, Darlington
Posted: 06/01/2025
Rockstone Compliance has launched a new partnership with intermediary platform Acre in a move to help brokers meet their third-party compliance requirements
Posted: 06/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, HSBC UK and Melton Building Society
Posted: 06/01/2025
The Wealth & Asset Management Awards 2025 remain open for entries to firms in the institutional and retail asset management spaces
Posted: 06/01/2025
Just Group has called on retirees to shop around for the best deals after analysis found that the least competitive deals are paying older buyers less than those five years ago
Posted: 06/01/2025
Searches for purchase mortgages fell by 37.7% month-on-month in December to 535,912, Twenty7tec has revealed
Posted: 06/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Nationwide, Protection Guru and Halifax
Posted: 03/01/2025
Nationwide has urged individuals who are struggling financially to seek help as a “perfect storm of record New Year debt” is set to make January a difficult month for UK households
Posted: 03/01/2025
Net mortgage lending and the number of mortgage approvals both fell in November, the Bank of England (BoE) has revealed in its latest money and credit statistics report
Posted: 03/01/2025
A shrinking economy and the continuing effects of an interest rate squeeze could make 2025 a “tricky year for consumers and businesses alike”, the chief executive of Family Building Society has warned
Posted: 03/01/2025
Former principal partner at WealthTek LLP, John Dance, has been charged by the Financial Conduct Authority (FCA) with nine criminal offences, including multiple counts of fraud and money laundering
Posted: 03/01/2025
First-time buyers (FTBs) bounced back over the course of 2024 following positive developments such as the falls in the Bank of England’s base rate
Posted: 02/01/2025
Over four in five (83%) AJ Bell customers have stated that they are either very or somewhat concerned about tax increases from the new Labour Government in 2025
Posted: 02/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Leeds Building Society and MortgagX
Posted: 02/01/2025
Rightmove has reported its busiest ever Boxing Day for new seller activity after a record number of properties were listed for sale by agents on 26 December 2024
Posted: 02/01/2025
Mortgage Brain has been appointed as a key strategic partner at PRIMIS as it looks to deliver its next generation of broker technology
Posted: 02/01/2025
Coventry Building Society has completed the acquisition of the Co-operative Bank
Posted: 02/01/2025
House prices in the UK increased by 4.7% in the year to December 2024, with the average house price standing at £269,426, Nationwide has revealed
Posted: 02/01/2025
As a busy and at times turbulent year for the consumer finance sector draws to a close, we have rounded up the most read news stories on MoneyAge over the last 12 months
Posted: 23/12/2024
House prices in the UK increased by 1.9% year-on-year in 2024, with the average property price standing at £267,500 in November, Zoopla has revealed
Posted: 23/12/2024
The share of mortgage business conducted through intermediaries is set to continue its upwards trajectory over the next couple of years, a new report from the Intermediary Mortgage Lenders Association (IMLA) has indicated
Posted: 23/12/2024
Lendco has confirmed the renewal of one of its £400m buy-to-let (BTL) warehouse lines
Posted: 20/12/2024
The amount of inheritance tax (IHT) receipts collected by HM Revenue and Customs reached £5.7bn between April and November, an 11% increase on the same period in 2023/24
Posted: 20/12/2024
Uinsure has announced a new partnership with Suffolk Building Society
Posted: 20/12/2024
Mortgage in principle requests have increased by 59% year-on-year at Moneybox, as the firm also reported a 50% jump in mortgage applications
Posted: 20/12/2024
Homeowners and savers feel more pessimistic about the future of the economy and their own financial wellbeing, a survey by the Family Building Society has indicated
Posted: 20/12/2024
The Bank of England has confirmed it is holding its base rate at 4.75% in its final decision on interest rates in 2024
Posted: 19/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Furness Building Society, Bath Building Society and MPowered Mortgages
Posted: 19/12/2024
The UK housing market has beaten expectations in 2024, with the market recovering as a result of lower mortgage rates and strong wage growth, according to Halifax
Posted: 19/12/2024
Compare the Market has announced that Post Office and Ocean Finance are the latest brands to directly integrate their credit card products onto the price comparison website’s money eligibility platform and comparison service
Posted: 19/12/2024
Quilter Financial Planning has added three new appointed representative (AR) firms to its advice network
Posted: 19/12/2024
The majority (96%) of specialist mortgage customers have said they are likely to use the products again, despite 91% of brokers stating that they take a lot more time to complete compared to mainstream criteria, United Trust Bank has found
Posted: 18/12/2024
Two in five (40%) UK adults have no savings in the bank, a new study by Darlington Building Society has indicated
Posted: 18/12/2024
Today's round up of developments coming out of the consumer finance space, featuring The OneFamily Group, The Brightstar Group and finova
Posted: 18/12/2024
The changes to stamp duty thresholds next year could encourage tenants to stay longer and could even boost rental demand, Landbay has found
Posted: 18/12/2024
Titan Wealth has announced the acquisition of Independent Wealth Planners (IWP), a provider of financial planning solutions, for an undisclosed amount
Posted: 18/12/2024
UK inflation increased again year-on-year in November to 2.6%, having reached 2.3% in October
Posted: 18/12/2024
Annual house price growth accelerated to 3.4% in October, up from a revised estimate of 2.8% in the year to September, according to the Land Registry’s latest UK House Price Index
Posted: 18/12/2024
The Tipton & Coseley Building Society has selected the Mast origination platform to power its mortgage operations
Posted: 18/12/2024
Advice propositions that blend robo-advice and human interaction are reducing the risk of retirement poverty, according to analysis by Defaqto
Posted: 17/12/2024
The Financial Conduct Authority (FCA) has banned Richard Fenech and Heather Dunne from working in financial services, after the pair operated an advice model that put customers’ guaranteed pension benefits at "significant risk"
Posted: 17/12/2024
Firms that are falsely using GDPR as a “scapegoat” for non-compliance with Consumer Duty are risking severe action from the Financial Conduct Authority (FCA), MorganAsh has warned
Posted: 17/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Gatehouse Bank and NatWest
Posted: 17/12/2024
Sirius Finance has completed an £8m revolving credit facility to fund the refinancing of a portfolio of commercial and mixed-use assets
Posted: 17/12/2024
Half of British adults have stated that they will not change their approach to saving, despite the likelihood of receiving less from their savings as interest rates come down, Atom bank has found
Posted: 17/12/2024
Over four in five (81%) working-age adults have admitted that they don’t know where all of their pension pots are, Raindrop has revealed
Posted: 17/12/2024
The Financial Conduct Authority (FCA) has confirmed it is seeking feedback on plans to improve the transparency of the UK’s crypto markets
Posted: 16/12/2024
Over a quarter (28%) of those approaching retirement have said they have used a financial adviser or wealth manager, Oxford Risk has found
Posted: 16/12/2024
Residential house purchase lending has totalled £135bn in 2024, a rise of 11% on 2023, new figures published by UK Finance have shown
Posted: 16/12/2024
Simplybiz Mortgages has appointed Penrith Building Society to its lender panel
Posted: 16/12/2024
Product choice in the savings market has increased to a record 2,117 deals in December, new figures published by Moneyfacts have shown
Posted: 16/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Fiducia Commercial Network and Bluestone Mortgages
Posted: 16/12/2024
Over one in six (16%) high-net-worth individuals (HNWIs) over 60 years old have said they will likely need to rely on their children’s inheritance to pay for unexpected later life costs, Rathbones has found
Posted: 16/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Vida Homeloans, Together and Santander
Posted: 13/12/2024
The trustee of the Wates Pension Fund, together with Wates Group, have agreed to transfer members' defined benefit (DB) pension benefits to Clara, marking the first superfund transaction with a scheme with an active sponsor
Posted: 13/12/2024
House price growth in Scotland has grown by 1.3% annually in October, which is the lowest growth since February
Posted: 13/12/2024
Gross domestic product (GDP) in the UK is estimated to have shrunk by 0.1% in October, following a further 0.1% drop in September
Posted: 13/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Buy to Let by Foundation, Loughborough Building Society and LiveMore
Posted: 12/12/2024
Dudley Building Society has announced a strategic partnership with White Rose Finance Group, having added the firm to its lender panel
Posted: 12/12/2024
Less than half (45%) of independent financial advisers have described the current investment environment as "good", as they adopt a cautious stance towards current investment opportunities, Opinium has found
Posted: 12/12/2024
Four in five (80%) landlords who voted Labour at the last election have said that they wouldn’t do it again, Landbay has found
Posted: 12/12/2024
The process of buying a home is taking over three times longer than buyers would expect, a new survey from the Open Property Data Association (OPDA) has revealed
Posted: 11/12/2024
The trustees of an unnamed pension scheme have completed a £17m full-scheme buy-in with Just Group, insuring the benefits of all 54 scheme members
Posted: 11/12/2024
Asset management firm Vanguard has announced plans to establish a new advice and wealth management division
Posted: 11/12/2024
The housing market in England and Wales is set to have a "positive outlook" for the next few months, after prices increased slightly in November, e.surv has stated.
The firm’s house price index (HPI) revealed that the average house price in England and Wales increased by 0.2% month-on-month in November, to £358,828
The firm’s house price index (HPI) revealed that the average house price in England and Wales increased by 0.2% month-on-month in November, to £358,828
Posted: 11/12/2024
The Wealth & Asset Management Awards 2025 remain open for entries to firms in the institutional and retail asset management spaces
Posted: 11/12/2024
Cash ISA balances surged to a total £359.2bn in the third quarter, new analysis from Paragon Bank has highlighted
Posted: 11/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, Paragon Bank and Cohort Capital
Posted: 11/12/2024
Black & White Bridging has now supported the creation of 1,000 new homes across the UK, the specialist lender has announced
Posted: 10/12/2024
The Hays Pension Scheme has completed a £370m buy-in with Pension Insurance Corporation (PIC), covering the benefits of 853 pensioners and dependents and 3,368 deferred members
Posted: 10/12/2024
The value of outstanding mortgage balances with arrears has increased by 18% year-on-year to £21.9bn, the Bank of England (BoE) has revealed
Posted: 10/12/2024
Compare the Market has directly integrated Oakbrook and Finio Loans into its money eligibility platform and comparison service
Posted: 10/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Hanley Economic Building Society, Fleet Mortgages and Uinsure
Posted: 10/12/2024
Milecross Financial has completed the acquisition of The Martin Cliffe Practice, a financial planning firm based in Milton Keynes
Posted: 10/12/2024
Twenty7tec has announced an upgrade to its Nationwide APPLY functionality to streamline and enhance the journey for intermediaries
Posted: 10/12/2024
Quilter Cheviot has completed the third phase of its long-term investment thematic engagement, focused on real estate investment trusts (REITs)
Posted: 09/12/2024
The average mortgage rate on a five-year fixed rate has increased by 0.19% to 5.28% this month, the biggest monthly rise to the five-year fixed average rate since August 2023
Posted: 09/12/2024
The financial advice industry should collaborate to help younger generations seek the financial advice and guidance support they need, St. James’s Place (SJP) has argued
Posted: 09/12/2024
The volume of new business agreed in the consumer finance sector increased by 2% year-on-year in October, new data from the Finance & Leasing Association (FLA) has shown
Posted: 09/12/2024
Homeowners in England and Wales could almost double the amount of money they have on hand for retirement by using their property wealth, research by Legal & General (L&G) has found
Posted: 09/12/2024
Tenants in the run-up to retirement age are the fastest growing group privately renting in England, new analysis by Paragon Bank has indicated
Posted: 09/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Halifax, Barclays and Investec Bank
Posted: 09/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Gatehouse Bank, Precise, and Newcastle for Intermediaries
Posted: 06/12/2024
The average UK house price increased for the fifth month running in November to reach a record £298,083, according to the latest Halifax House Price Index.
Figures showed that house prices increased by 1.3% on a monthly basis during the month
Figures showed that house prices increased by 1.3% on a monthly basis during the month
Posted: 06/12/2024
Over three in five (63%) of financial services firms believe that more encouragement is needed to attract younger people to the industry, new research from Davies has indicated
Posted: 06/12/2024
Foster Denovo has acquired Brian Mole Independent Financial Advisers as part of a move to expand its presence across the Midlands
Posted: 06/12/2024
Willis Owen has been acquired by online investment adviser, Moneyfarm, taking the firm’s assets under management to over £5bn
Posted: 05/12/2024
Seven in 10 brokers (72%) believe the specialist market now presents a bigger opportunity than ever before, according to a new study from United Trust Bank (UTB)
Posted: 05/12/2024
AJ Bell has announced a record revenue of £269.4m in its latest annual results, a figure up 23% on last year
Posted: 05/12/2024
The majority of independent financial advisers (IFA) in the UK are dissatisfied by Rachel Reeves’ first Budget as Labour Chancellor, a new study has indicated
Posted: 05/12/2024
Quilter Financial Planning has welcomed five new appointed representative (AR) firms to its advice network
Posted: 05/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, Atom bank and Landbay
Posted: 05/12/2024
Moneyhub has partnered with Marygold & Co. to launch a new wealth management app
Posted: 05/12/2024
The Avimo Pension Scheme has completed a £50m buy-in with Rothesay, securing retirement benefits of all 611 scheme members, including 416 pensioners and dependants and 195 deferred members
Posted: 04/12/2024
Independent financial advice (IFA) firm WPS Advisory has partnered with Moneyhub to launch an app aimed at supplementing personalised financial guidance and advice
Posted: 04/12/2024
Gatehouse Bank has announced a new partnership with ColCap Financial UK
Posted: 04/12/2024
The amount paid into lifetime ISAs (LISAs) in the 2022/23 financial year increased by 10% annually, despite HM Revenue and Customs (HMRC) revising the data
Posted: 04/12/2024
Experian has launched a new partnership with Nationwide in a move to accelerate mortgage applications by automating the checks needed to verify a customer’s income
Posted: 04/12/2024
Expertise in tax and regulatory matters is the most valued quality of a broker for buy-to-let (BTL) landlords, Butterfield Mortgages Limited (BML) has revealed
Posted: 04/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Dudley Building Society and Canada Life
Posted: 04/12/2024
The Mortgage Climate Action Group (MCAG) has rebranded to the Green Mortgage Advice Initiative (GMAI), the Association of Mortgage Intermediaries (AMI) has confirmed
Posted: 03/12/2024
Market Financial Solutions has renegotiated and extended an institutional funding line worth £1.5bn to fuel the growth of its loan book
Posted: 03/12/2024
One Mortgage System (OMS) has integrated with Lopay to offer access to a low-fee payment solution designed to enhance payment flexibility and provide greater financial control for intermediary firms
Posted: 03/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Rosemount Financial Solutions (IFA), Shepherds Friendly and ONP Solicitors
Posted: 03/12/2024
Together has launched new partnerships with seven different mortgage clubs to broaden the distribution of the specialist lender’s products
Posted: 03/12/2024
Twenty-nine per cent of first-time buyers (FTBs) have cited mortgage rates as one of the biggest blockers to homeownership, Mortgage Advice Bureau (MAB) has found
Posted: 03/12/2024
Swedish wealth manager Söderberg & Partners has made three more investments into UK-based independent financial adviser (IFA) firms
Posted: 03/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, West One Loans and Clydesdale Bank
Posted: 2/12/2024
Offa has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio, which includes more than 350 home purchase plans
Posted: 2/12/2024
UK house prices have increased by 3.7% year-on-year in November, jumping from a growth of 2.4% in October, Nationwide has revealed
Posted: 2/12/2024
finova Broker has added Norton Broker Services to its payment and mortgage services’ lending panel as a preferred packager
Posted: 2/12/2024
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Hinckley & Rugby Building Society and Zephyr Homeloans
Posted: 29/11/2024
Net mortgage approvals for house purchases increased to 68,300 in October, the highest level in over two years, new Bank of England (BoE) data has shown
Posted: 29/11/2024
The number of residential transactions in the UK reached 100,410 in October, an increase of 21% year-on-year, HM Revenue and Customs (HMRC) has revealed
Posted: 29/11/2024
UK savers are missing out on £12.5bn in interest by keeping cash in current accounts that pay little or no interest, Atom bank has found
Posted: 29/11/2024
The Association of Mortgage Intermediaries (AMI) has appointed Stephanie Charman as successor to Robert Sinclair as chief executive of the trade body.
Charman will join the AMI from her current role as group partnerships and propositions director at Sesame Bankhall Group, after spending over seven years with the business
Charman will join the AMI from her current role as group partnerships and propositions director at Sesame Bankhall Group, after spending over seven years with the business
Posted: 29/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Hodge, Hampshire Trust Bank, and Dudley Building Society
Posted: 28/11/2024
The vast majority of advisers (95%) have had to apologise to clients for poor platform service over the last year, with asset transfers a particular problem, new research from Parmenion has found
Posted: 28/11/2024
Affordability in the housing market is improving from a combination of modest house price inflation and strong wage growth, new analysis by Halifax has highlighted
Posted: 28/11/2024
Over one million people over the age of 45 are heading towards retirement with zero cash savings, new research by Fair4All Finance has warned
Posted: 28/11/2024
Target Group has announced a new partnership with software provider, Provenir, to help power its mortgage originations platform, Mortgage Hub
Posted: 28/11/2024
LiveMore has called on the industry to support mortgage customers, after an All Party Parliamentary Group (APPG) published a report condemning the Financial Conduct Authority (FCA) on its handling of "mortgage prisoners"
Posted: 27/11/2024
A total £8.9bn worth of mortgages have been supported by the Government’s Mortgage Guarantee Scheme, new figures published by the Treasury have shown
Posted: 27/11/2024
Two in five brokers (40.7%) who have encountered a vulnerable client do not share vulnerability information with lenders, new research commissioned by Smart Money People has highlighted
Posted: 27/11/2024
Analysts have stated that 2024 could be the "worst year ever" for the Help to Buy ISA, after the scheme was used to buy 10,977 properties in the three months to June
Posted: 27/11/2024
The number of UK adults who own cryptocurrency has risen to 12%, new research published by the Financial Conduct Authority (FCA) has shown, up from 10% in previous findings
Posted: 27/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, CHL Mortgages and United Trust Bank
Posted: 27/11/2024
Royal London Equity Release discusses the importance of holistic support for clients when it comes to later life lending
Posted: 27/11/2024
Head of business development at Saffron for Intermediaries, Tony Hall, discusses how the younger generation can find their way onto the housing ladder
Posted: 27/11/2024
Average individual debt has increased to over £5,300, an increase of £1,000 from the £4,300 owed in 2023, Tesco Bank found
Posted: 27/11/2024
The Financial Conduct Authority (FCA) has been branded “incompetent at best, dishonest at worst” in a new Parliamentarian report
Posted: 26/11/2024
The Wednesbury Pension Scheme has completed a £43m buy-in with Just Group
Posted: 26/11/2024
The number of available savings products on the market has reached 2,076 deals, new figures from Moneyfacts have shown
Posted: 26/11/2024
Close to half (47%) of all savers are dipping into their accounts to help meet regular bills as the cost of living crisis continues to bite, new research from Investec Bank has warned
Posted: 26/11/2024
The Financial Conduct Authority (FCA) has fined Macquarie Bank Limited (MBL) £13m for serious failings that allowed one of its employees to record over 400 fictitious trades
Posted: 26/11/2024
Over a third (35%) of over-55s have said they do not believe they will be able to afford the retirement they want, Oxford Risk has found
Posted: 26/11/2024
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Crystal Specialist Finance and Glenhawk
Posted: 26/11/2024
The Financial Conduct Authority (FCA) is launching a new competition to fund research into how regulation can support the economy’s growth
Posted: 25/11/2024
The National Grid Electricity Group part of the Electricity Supply Pension Scheme has completed a £1.7bn buy-in with Aviva
Posted: 25/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Marsden Building Society, Atom bank and Virgin Money
Posted: 25/11/2024
Carers are losing an average £6,400 a year in annual salary by cutting work to support elderly loved ones, research by Just Group has revealed.
Posted: 25/11/2024
MKC Wealth has announced the double acquisition of IFA Warr & Co Independent Financial Advisers and Halstead Independent Financial Management
Posted: 25/11/2024
The Financial Conduct Authority (FCA) has fined Barclays £40m for its failures to disclose certain arrangements with Qatari entities in 2008
Posted: 25/11/2024
Rosemount Financial Solutions (IFA) has announced the addition of Perenna to its lender panel
Posted: 25/11/2024
The New Crown Motor Sales Limited Staff Pension Scheme has completed a £2.2m buy-in with Just Group, securing the benefits of 36 members
Posted: 22/11/2024
The parent company of mortgage lender MPowered Mortgages has made its AI chatbot available to a limited number of other lender partners
Posted: 22/11/2024
Almost all (95%) property professionals have expressed doubt that the new Government housing target will be reached, Countrywide Surveying Services (CSS) has found
Posted: 22/11/2024
Defaqto has launched a new analysis and research tool designed specifically for asset managers
Posted: 22/11/2024
Today's round up of developments coming out of the consumer finance space, featuring KSEYE, LiveMore and Fleet Mortgages
Posted: 22/11/2024
The Financial Conduct Authority (FCA) has charged four individuals with conspiracy to commit false accounting, with three of them facing further charges for fraud
Posted: 21/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, CHL Mortgages and Pepper Money
Posted: 21/11/2024
Inheritance tax (IHT) receipts collected in the current financial year have reached £5bn, with HM Revenue and Customs (HMRC) set to break collection records for the fourth consecutive year
Posted: 21/11/2024
Credit reference agency firm, Hope Macy, has completed a strategic acquisition for fintech loan firm, Slick Solutions
Posted: 21/11/2024
Margetts Wealth has completed a management buy-in with directors, Ian Butler and James Vickers, who have taken equal shares in the financial planning firm
Posted: 21/11/2024
Specialist lender Vida Homeloans has received authorisation from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) to become a fully licensed bank
Posted: 20/11/2024
More than one in seven (15%) people said they have tried to switch to a best-buy savings account in the last two years but found that it had closed to new customers or that the interest rate was no longer available, Investec Bank has revealed
Posted: 20/11/2024
The rate of annual house price growth jumped by 0.2% in September, new figures published by the Office for National Statistics (ONS) have shown
Posted: 20/11/2024
Three in 10 (30%) people approaching retirement are unaware of whether they’ll be taxed on their retirement income, Shawbrook Bank has revealed
Posted: 20/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Foundation Home Loans and Hinckley & Rugby Building Society
Posted: 20/11/2024
Inflation increased by 2.3% in the year to October, the sharpest monthly increase in two years
Posted: 20/11/2024
Yields achieved by buy-to-let (BTL) landlords increased in the third quarter, new data published by Paragon Bank has shown
Posted: 20/11/2024
Almost all (97.4%) financial advice professionals plan to increase their use of artificial intelligence (AI) in the advice journey, according to a poll from Advisersoftware.com
Posted: 19/11/2024
Hampshire Trust Bank (HTB) has completed three complex deals in partnership with The Property Finance Collective (TPFC) in just over three days, totalling close to £20m
Posted: 19/11/2024
There is a “significant misunderstanding” among UK adults surrounding the necessity of appointing a Power of Attorney (PoA), research by Paragon Bank has shown
Posted: 19/11/2024
Compare the Market has integrated four new loan brands onto its money eligibility platform and comparison service
Posted: 19/11/2024
Almost two thirds (64%) of first-time buyers (FTBs) are unaware of the higher LTV options available to them, Pepper Money has found
Posted: 19/11/2024
Mortgage balances at Hanley Economic Building Society have increased from £345.85m in 2023 to £379.62m, a 9.77% jump year-on-year
Posted: 19/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Solutions by Foundation, Atom bank and United Trust Bank Mortgages
Posted: 19/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Afin Bank, ASG Finance and Mansfield Building Society
Posted: 18/11/2024
Confidence in the mortgage market among intermediaries remained at its long-term level in the third quarter, new analysis by the Intermediary Mortgage Lenders Association (IMLA) has shown
Posted: 18/11/2024
Specialist lender, Together, has launched three new network partnerships with Stonebridge, Rosemount and Mortgage Intelligence
Posted: 18/11/2024
Succession Wealth has announced the acquisition of True Wealth Group, a financial planning and wealth management firm with £1.1bn in assets under advice
Posted: 18/11/2024
Mortimer Street Capital (MSC) has arranged a £27.5m commercial refinance bridging loan facility with Leumi UK
Posted: 15/11/2024
Mortgage possession claims jumped by 56% in Q3 compared to the same period last year, new data published by the Ministry of Justice has revealed
Posted: 15/11/2024
Hinckley & Rugby Building Society has partnered with Digital Buildings Limited to launch Retrogreen, a new retrofit proposition designed to support homeowners to improve the energy efficiency of their homes
Posted: 15/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Chorley Building Society and Virgin Money
Posted: 15/11/2024
The trustee of the G4S Pension Scheme has completed a £1.8bn full buy-in with Just Group, covering the benefits of around 22,500 members
Posted: 15/11/2024
Financial services technology provider, EV, has added a new inheritance tax (IHT) functionality to its end-to-end financial planning solution, EVPro
Posted: 14/11/2024
Spring Finance has completed a bridging loan valued at £1.6m in seven working days
Posted: 14/11/2024
Home buyer enquiries have increased by 12% in October, extending the run of positive returns for a fourth consecutive month, the Royal Institution of Chartered Surveyors (RICS) has revealed
Posted: 14/11/2024
Over four in five (81%) mortgage brokers have expressed optimism about business growth over the next year but have also cited concerns that could potentially impact their operations, Investec has found
Posted: 14/11/2024
Three in five UK adults (60%) are not confident they will have enough money to live comfortably in retirement, new research by Nucleus Commercial Finance has indicated
Posted: 14/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Bank, United Trust Bank and ONP Solicitors
Posted: 14/11/2024
An unnamed defined benefit (DB) pension scheme has completed a £20m buy-in with Utmost Life and Pensions
Posted: 14/11/2024
Wealth professionals are anticipating a surge in demand for financial advisers as almost one in 10 deaths are set to trigger an inheritance tax (IHT) charge by the end of the decade
Posted: 13/11/2024
The average house price in Scotland has reached over £226,000 for the first time, increasing by 2% annually in September, Walker Fraser Steele has revealed
Posted: 13/11/2024
PFS Power has published new guidance on how firms can focus on delivering consumer outcomes in financial planning
Posted: 13/11/2024
Legal & General’s asset management division has selected IFM Investors as an infrastructure manager for its defined contribution focused private markets access fund (PMAF)
Posted: 13/11/2024
Atom bank has set new records for near prime lending, with the three months to the end of October witnessing the largest levels of applications on the app-only bank’s near prime range
Posted: 13/11/2024
Mortgage Advice Bureau (MAB) has welcomed long-term lender, April Mortgages, to its lending panel
Posted: 13/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Black & White Bridging, Landbay and MPowered Mortgages
Posted: 13/11/2024
The freeze on inheritance tax (IHT) thresholds could cost families £234,000 over the total duration of the potential two-decade long nil rate band (NRB) freeze, up to the 2030 end date, AJ Bell has revealed
Posted: 12/11/2024
Active Mortgages has selected intermediary platform Acre as its new CRM of choice
Posted: 12/11/2024
Iress has announced that Principality Building Society is now live with its Lender Connect software, which aims to help mortgages move faster by using API technology to connect with lenders
Posted: 12/11/2024
Accord Mortgages has signed the Mortgage Industry Mental Health Charter (MIMHC), as part of a commitment to prioritising workplace mental wellbeing
Posted: 12/11/2024
Metro Bank has been fined £16.7m by the Financial Conduct Authority (FCA) for failings around financial crime
Posted: 12/11/2024
One Mortgage System (OMS) has announced a new partnership with Selina Finance, launching a "quick quote" functionality on its platform, specifically for Selina’s second charge product range
Posted: 12/11/2024
Today's round up of developments coming out of the consumer finance space, featuring CHL Mortgages, Buy to Let by Foundation Home Loans and Afin Bank
Posted: 12/11/2024
NatWest has bought back another £1bn worth of shares from the Treasury as the Government continues to lower its stake in the bank
Posted: 11/11/2024
Pluto Finance has completed a £25m senior development finance loan for a conversion of an office building into 145 residential unites close to Heathrow, London
Posted: 11/11/2024
Product choice across the mortgage market has registered the largest reduction in over a year, according to new data published by Moneyfacts
Posted: 11/11/2024
A number of high net worth individuals (HNWI) have not made retirement or succession plans, despite being confident that their personal wealth will increase, a study has found
Posted: 11/11/2024
Over two thirds (67%) of landlords currently own at least one property that does not meet the new requirements for the Government’s proposed EPC targets, Foundation Home Loans has found
Posted: 11/11/2024
Over three quarters (77%) of the £831.6bn currently held within non-ISA adult savings accounts is earning enough interest to potentially incur a tax payment
Posted: 11/11/2024
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Dudley Building Society and Countrywide Surveying Society
Posted: 11/11/2024
Over two in five adults (44%) have not written a will, a new study by Canada Life has revealed
Posted: 08/11/2024
Sesame Bankhall Group (SBG) has acquired a strategic stake in New Homes Mortgage Services (NHMS)
Posted: 08/11/2024
House prices in England and Wales have increased month-on-month for the first time in half a year, e.surv has found
Posted: 08/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Mansfield Building Society, Tembo and Time Finance
Posted: 08/11/2024
Natwest Group has agreed a buy-in transaction with a third party insurer, with around a third of the main section of its defined benefit (DB) pension scheme now covered by insurance policies
Posted: 08/11/2024
The total number of mortgages in arrears of at least 2.5% dropped by 3% in Q3 compared to the previous quarter, new UK Finance figures have shown
Posted: 07/11/2024
Two individuals have been convicted for their roles in a £1.5m investment fraud, following a prosecution brought by the Financial Conduct Authority (FCA)
Posted: 07/11/2024
The Bank of England has confirmed a 0.25% cut to interest rates with the new base rate now set at 4.75%
Posted: 07/11/2024
Volumes of new business across the consumer finance market climbed by 9% in September compared to the same month last year, new figures from the Finance & Leasing Association (FLA) have shown
Posted: 07/11/2024
House prices in the UK increased by 3.9% annually in October, easing from 4.6% growth in September, Halifax has found
Posted: 07/11/2024
Today's round up of developments coming out of the consumer finance space, featuring TMG Mortgage Network, Virgin Money and Gatehouse Bank
Posted: 07/11/2024
Almost three quarters (72%) of business owners believe that self-employment makes it harder to get a mortgage, Pepper Money has found
Posted: 07/11/2024
One Four Nine Group has acquired Nottingham-based independent chartered financial planning firm, Castlegate Capital
Posted: 06/11/2024
The West Bromwich Building Society Staff Retirement Scheme has completed a £70m buy-in with Canada Life, securing the benefits of all uninsured scheme members, including around 490 deferred members and 400 pensioner members
Posted: 06/11/2024
Fears that the Chancellor would target pension tax reliefs in her Budget last week fuelled an eightfold increase in SIPP contributions in October, according to analysis by Bestinvest
Posted: 06/11/2024
Iress has added Scottish Widows’ new income protection (IP) product to its intermediary platform
Posted: 06/11/2024
The Right Mortgage & Protection Network has added the mortgage lender, Together, to its lending panel
Posted: 06/11/2024
Inspired Lending has arranged an £844,000 loan facility to support the purchase and redevelopment of a vacant high-street property in Bristol
Posted: 06/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Nottingham Building Society, Shawbrook and Molo Finance
Posted: 06/11/2024
Brooks Macdonald has announced the acquisition of CST Wealth Management, a chartered financial planning firm based in Wales
Posted: 05/11/2024
The top 20% of savers could miss out on £1,222 in interest by not switching their savings account from a high street bank to the best on the market, Hargreaves Lansdown (HL) has revealed
Posted: 05/11/2024
The Financial Conduct Authority (FCA) has outlined new measures as part of a wider move to support the UK’s position in the bond, derivatives and asset management sectors
Posted: 05/11/2024
Today's round up of developments coming out of the consumer finance space, featuring more2life, Fleet Mortgages and Access Financial Services
Posted: 05/11/2024
Perspective Financial Group completed nine acquisitions of financial advice firms in the second half of October, taking its total past 100 since the group was founded in 2008
Posted: 05/11/2024
One Mortgage System (OMS) has secured a three-year extension with Mortgage Brain’s online product sourcing platform, Sourcing Brain
Posted: 05/11/2024
Profitability levels reported by landlords in Q3 2024 hit the highest point since Q1 2022, Paragon Bank research has found
Posted: 05/11/2024
Odey Wealth Management has filed for voluntary liquidation after appointing Evelyn Partners as its liquidator last month, according to a Companies House filing
Posted: 04/11/2024
Paradigm has added Loughborough Building Society to its lender panel
Posted: 04/11/2024
Financial advisory business and owner of the Dow Schofield Watts brand, DSW Capital, has confirmed the acquisition of DR Solicitors in a deal worth £6.1m
Posted: 04/11/2024
Today's round up of developments coming out of the consumer finance space, featuring London Credit, NatWest and Recognise Bank
Posted: 04/11/2024
The availability of stamp duty-free housing stock is set to drop by 20% following the changes to stamp duty rules in the Autumn Budget last week, eXp UK has revealed
Posted: 04/11/2024
e.surv Chartered Surveyors has acquired the assets and brand of Acadata for an undisclosed amount
Posted: 04/11/2024
The number of homebuyers instructing a home condition survey with their most recent property purchase increased by 5.4% in Q3, Countrywide Surveying Services (CSS) has found
Posted: 04/11/2024
Today's round up of developments coming out of the consumer finance space, featuring Nottingham Building Society, Santander and Rosemount Financial Solutions
Posted: 1/11/2024
Hinckley & Rugby Building Society has partnered with property technology firm, PEXA, to launch a new remortgage service
Posted: 1/11/2024
House prices in the UK increased by 0.1% in October, when taking account of seasonal effects, Nationwide has found
Posted: 1/11/2024
The Armfield Limited Pension and Life Assurance Scheme has completed a £7m buy-in transaction with Just Group, securing the retirement benefits of the scheme's 24 pensioners and 15 deferred members
Posted: 1/11/2024
The number of residential property transactions increased by less than 1% month-on-month in September, rising for the first time since May.
HMRC revealed that there were an estimated 91,820 residential transactions in September, a year-on-year increase of 9%.
HMRC revealed that there were an estimated 91,820 residential transactions in September, a year-on-year increase of 9%.
Posted: 31/10/2024
The boards of the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) have confirmed the appointment of a new chair to decision-making committees
Posted: 31/10/2024
The St Modwen Pension Scheme has completed an £18m full-scheme buy-in with Just Group
Posted: 31/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Virgin Money, Saffron for Intermediaries and Nottingham Building Society
Posted: 31/10/2024
The proposed British ISA has been scrapped as part of today’s Autumn Budget, in a move which some analysts have celebrated
Posted: 30/10/2024
MoneyAge has rounded up some reaction from the mortgage industry to the Budget and the implications that could be felt across the market
Posted: 30/10/2024
The Chancellor has announced that major changes will be made to the capital gains tax (CGT) regime as part of the Budget, which some analysts have described as "unwelcome"
Posted: 30/10/2024
The Chancellor has confirmed in her Budget that the freeze to the inheritance tax (IHT) threshold will be extended by a further two years to 2030
Posted: 30/10/2024
The Chancellor has announced that the Government plans to raise £40bn from a raft of newly confirmed tax changes
Posted: 30/10/2024
The average property value among new lifetime mortgage customers has hit over £423,000, new analysis by Pure Retirement has highlighted
Posted: 30/10/2024
Aspen Bridging has completed a £3m bridge-to-let deal for the purchase and renovation of a block of 13 flats in Bath, Somerset, in under a month
Posted: 30/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Metro Bank and Melton Building Society
Posted: 30/10/2024
Evelyn Partners has acquired business advisory services provider, ReSolve Advisory
Posted: 30/10/2024
The Deutsche Bank Pension Scheme has completed a £1.1bn full buy-in with Legal & General (L&G), securing the retirement benefits of around 4,000 members
Posted: 29/10/2024
Over three-quarters (77%) of buy-to-let (BTL) landlords have said they are concerned that potential tax increases in the Budget, such as changes to capital gains tax, could adversely affect their investments, Butterfield Mortgages has revealed
Posted: 29/10/2024
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Black & White Bridging and Marsden Building Society
Posted: 29/10/2024
Mortgage approvals increased to their highest net level in over two years during September, according to new Bank of England (BoE) figures
Posted: 29/10/2024
Cumberland Building Society (BS) has launched a new broker portal in partnership with Mast
Posted: 29/10/2024
Hargreaves Lansdown has reported a rise in the number of people opening new ISA, SIPP and active savings accounts
Posted: 29/10/2024
Fifty per cent of potential homebuyers with adverse credit said they would speak to a broker for advice on getting a mortgage, Pepper Money has found
Posted: 29/10/2024
The Financial Conduct Authority (FCA) has issued a £350,000 fine to the CEO of Wise and senior manager of Wise Assets UK, Kristo Käärmann
Posted: 28/10/2024
The RAC (2003) Pension Scheme has completed a £1.3bn full buy-in with Aviva, securing retirement benefits for all of the scheme's 19,000 members
Posted: 28/10/2024
House sales are at their highest level since late 2020, Zoopla has stated, amid rising incomes combined with average mortgage rates currently reaching their lowest for two years
Posted: 28/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Afin Bank, Hampshire Trust Bank and Darlington Building Society
Posted: 28/10/2024
A vast majority of landlords (91%) believe that Wednesday’s Budget will be negative towards them, research by Pegasus Insight has indicated
Posted: 28/10/2024
Almost half (46%) of brokers "always encounter technical issues or glitches" with lenders’ technology platforms, finova has revealed
Posted: 28/10/2024
A third (33%) of retirees have said they don’t have enough money to live a comfortable life, Rathbones has found
Posted: 28/10/2024
NatWest has beaten expectations across a range of financial results, with its profit before tax reaching £1.7bn in Q3, £200m above previous estimates
Posted: 25/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Secure Trust Bank Commercial Finance, Coventry for Intermediaries and The Right Mortgage & Protection Network
Posted: 25/10/2024
Arthur J. Gallagher & Co has announced the acquisition of London-based investment consulting firm, Redington
Posted: 25/10/2024
The majority of individuals that receive financial advice across the UK have remained with the same adviser throughout, new research by St. James’s Place (SJP) has shown
Posted: 25/10/2024
finova Broker has launched its CRM platform and customer portal into Grange Mortgages
Posted: 25/10/2024
HMRC repaid more than £44m to people who overpaid tax when they flexibly accessed their pensions in Q3 2024, the latest Government Pension Schemes Newsletter has revealed
Posted: 24/10/2024
Hampshire Trust Bank (HTB) has completed a £6.4m refinance deal for a 43-property portfolio, enabling the borrower to meet a deadline and unlock liquidity for future acquisitions
Posted: 24/10/2024
The British Smaller Companies VCTs have announced a new share offer for up to £75m, comprised of £50m and a £25m overallotment option
Posted: 24/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, BuildLoan and MPowered Mortgages
Posted: 24/10/2024
Titan Wealth has entered into an agreement to acquire Ravenscroft Investments, a wealth management services business operating in both Guernsey and Jersey
Posted: 24/10/2024
Over three quarters (76%) of first-time buyers (FTBs) believe the Government should do more to support them getting on the property ladder, Moneybox has found
Posted: 24/10/2024
Over two in five (41%) people have increased their unsecured borrowing in the last 12 months, Pepper Money has revealed
Posted: 24/10/2024
Just over one in seven (14%) accountants have a positive view of the UK economy, the Association of Chartered Certified Accountants (ACCA) has revealed
Posted: 23/10/2024
conveybuddy has expanded its partnership with The Moving Portal by adding survey products to its range of services.
Posted: 23/10/2024
The majority (55%) of high net worth individuals (HNWI) feel that the UK is not supportive of wealth creation or creators, a study from Wealth Club has found
Posted: 23/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Alternative Bridging Corporation and London Credit
Posted: 23/10/2024
Over half (56%) of UK adults are worried that any increases to their personal tax bill will hit their standard of living in the year ahead, Rathbones has found
Posted: 22/10/2024
A new bank created to support people from Africa living and working in the UK has been granted its banking licence
Posted: 22/10/2024
Mortgage Advice Bureau (MAB) has joined the Open Property Data Association (OPDA), becoming the first mortgage intermediary to do so
Posted: 22/10/2024
A majority of clients working with independent financial advisers (IFAs) are anxious about the upcoming Budget, a new survey from Opinium has suggested
Posted: 22/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Black & White Bridging, The Right Mortgage & Protection Network and Virgin Money
Posted: 22/10/2024
Inheritance tax (IHT) receipts collected in the six months to September increased by 10% (£396m) year-on-year, taking the amount raised to £736m, HM Revenue and Customs has revealed.
Posted: 22/10/2024
The Financial Conduct Authority (FCA) is interviewing 20 finfluencers under caution as it launches targeted action against those who may be touting financial services products illegally
Posted: 22/10/2024
Advisers are seeing a surge in queries around pensions taxation and wealth protection ahead of the Budget on 30 October, according to new research by AJ Bell
Posted: 21/10/2024
The trustee of the Rotork Pension and Life Assurance Scheme has agreed a £70m buy-in transaction with Aviva, covering the pension benefits for 19 current pensioners and dependants and 322 deferred members
Posted: 21/10/2024
Fiduciam has secured a new funding line worth £100m which from Q4 this year is to be deployed over the next two years
Posted: 21/10/2024
A third of parents with children under 18 years old have paid into a stocks and shares ISA (34%) or a cash ISA (33%) to protect against tax changes in the upcoming Budget, Hargreaves Lansdown has found
Posted: 21/10/2024
Söderberg & Partners has made investments into four more IFA firms based in the UK
Posted: 21/10/2024
One Mortgage System (OMS) has completed a "major" application programming interface (API) upgrade with Pepper Money
Posted: 21/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Dudley Building Society, HLPartnership and Together
Posted: 21/10/2024
Today's round up of developments coming out of the consumer finance space, featuring The Right Mortgage & Protection Network, Precise and Bluestone Mortgages
Posted: 18/10/2024
More than two thirds (69%) of UK adults believe retiring in your sixties will become a ‘thing of the past’, according to a survey from Canada Life
Posted: 18/10/2024
Inspired Lending has provided a £934,000 loan facility to refinance a tenanted residential investment property in Kent
Posted: 18/10/2024
Homeowners who purchased their current home within the last 20 years are sitting on an average of £80,000 in property value gains, according to new analysis by Zoopla
Posted: 18/10/2024
The winners of the MoneyAge Awards 2024 were announced last night at a gala ceremony
Posted: 18/10/2024
Financial advisers remain confident about their growth prospects despite concerns about the impending “great wealth transfer”, according to analysis from Natixis Investment Managers (IM)
Posted: 17/10/2024
Credit unions have achieved the highest overall satisfaction rating from customers, ahead of mainstream banks and building societies, Smart Money People has found
Posted: 17/10/2024
AJ Bell has reported a 22% annual jump in assets under administration (AUA) to a record £86.5bn in its full-year results
Posted: 17/10/2024
Sikoia has announced a strategic partnership with the UK-based subsidiary of Sri Lanka’s largest bank, Bank of Ceylon (BOC)
Posted: 17/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Hanley Economic Building Society and United Trust Bank Mortgages
Posted: 17/10/2024
Outstanding balances on credit card accounts increased by 7.6% over the year to July, new figures published by UK Finance have shown
Posted: 16/10/2024
The Right DA Club has added protection and private medical insurance (PMI) provider, National Friendly, to its insurance panel
Posted: 16/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, LEXI Finance and Lloyds
Posted: 16/10/2024
The upcoming Budget must include a replacement for the help to buy scheme to support first-time buyers joining the property ladder, Just Mortgages has said
Posted: 16/10/2024
Experian has announced a new partnership with Sardine, a firm specialising in behavioural biometrics and device intelligence-based fraud prevention
Posted: 16/10/2024
Inflation has fallen below the 2% target set by the Bank of England (BoE) in the year to September to 1.7%, the Office for National Statistics (ONS) has revealed
Posted: 16/10/2024
Annual house price growth rose to 2.8% in the year to August, according to the latest UK House Price Index published by the Land Registry
Posted: 16/10/2024
Overall product choice across the mortgage market has jumped to 6,645 options in October, the first rise since July, according to new Moneyfacts data
Posted: 15/10/2024
The UK population missed out on an additional £20bn in 2023 by keeping their savings with a high street bank rather than a building society, Yorkshire Building Society has found
Posted: 15/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Skipton Building Society, Marsden Building Society and Kent Reliance for Intermediaries
Posted: 15/10/2024
More than a quarter of people (26%) think they need to wait at least five years after receiving a county court judgement (CCJ) before applying for a mortgage, research by Pepper Money has shown
Posted: 15/10/2024
Concerns about the impact of tax changes in the Autumn Budget have led to more people seeking financial advice, Rathbones has found
Posted: 15/10/2024
Acre has launched a new Consumer Duty dashboard in an industry-first move to give advisers and networks full insight into their regulatory compliance with tangible metrics
Posted: 15/10/2024
Over one in eight (12%) UK adults have fallen victim to a financial scam in the past year, equating to 6.2 million people, WEALTH has found
Posted: 15/10/2024
The deadline for entries into the Mortgage Awards 2025 is approaching and firms are encouraged to get their entries in by 31 October
Posted: 14/10/2024
RAW Capital Partners has delivered a buy-to-let (BTL) mortgage in four days to ensure that a client had the necessary funds to complete on an investment
Posted: 14/10/2024
Lenders and mortgage brokers have called on the Chancellor to introduce key reforms to stamp duty in the upcoming Budget, aimed at boosting energy efficiency in properties and stimulating the housing market
Posted: 14/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Titan Wealth and Zephyr Homeloans
Posted: 14/10/2024
A fear of running out of money is preventing over-55s from buying things they need, new research from Oxford Risk has indicated
Posted: 14/10/2024
Capital One UK has become the latest firm to join Compare the Market’s money platform
Posted: 14/10/2024
Sixty per cent of buy-to-let (BTL) landlords are "optimistic" about the performance of their property investment in the next year, both across capital growth and rental returns, Butterfield Mortgages Limited (BML) has found
Posted: 14/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Bank, Tuscan Capital and Melton Building Society
Posted: 11/10/2024
Inflation in the UK is forecast to end the year closer to 3%, according to a figure from the Bank of England (BoE), who also confirmed an interest rate cut is expected in November
Posted: 11/10/2024
House prices in Scotland increased by 2.5% year-on-year in August, the strongest growth since April, Walker Fraser Steele has revealed
Posted: 11/10/2024
Gross domestic product (GDP) in the UK has jumped by 0.2% in the three months to August, after showing no growth in July, the Office for National Statistics (ONS) has revealed
Posted: 11/10/2024
The Financial Conduct Authority (FCA) has fined TSB Bank £10.9m for failing to ensure that customers who were in arrears were treated fairly
Posted: 10/10/2024
Sesame Bankhall Group has confirmed a new partnership with rate monitoring tool, Mortgage Metrics
Posted: 10/10/2024
The UK is on the "brink of a retirement crisis", with just 15% of UK workers setting clear financial goals and budgets for retirement, Barnett Waddingham has revealed
Posted: 10/10/2024
Rockstead has become the latest firm to join the Bridging & Development Lenders Association (BDLA) as an associate member
Posted: 10/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, more2life and Paragon Bank
Posted: 10/10/2024
The Michelin Pension and Life Assurance Plan has agreed a £1.5bn full-scheme buy-in with Aviva, covering the retirement benefits of around 15,000 members of the scheme
Posted: 10/10/2024
ModaMortgages, the new specialist buy-to-let (BTL) mortgage lender from Chetwood Financial, has started its controlled launch
Posted: 09/10/2024
Loans Warehouse has announced a new strategic partnership with Fiducia Commercial Network
Posted: 09/10/2024
Business volumes in the second charge mortgage market grew by 16% in August compared to the same month last year, new figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 09/10/2024
Over half (53%) of homeowners are yet to try remortgaging online, presenting a “significant opportunity” for lenders to develop digital remortgage solutions, according to finova
Posted: 09/10/2024
Over a quarter (27%) of brokers frequently encounter difficulties in securing funding for their clients due to changes in funder policies, Asset Advantage has found
Posted: 09/10/2024
Over seven in 10 (71%) UK adults have said that they do not know how a savings account works, Pay.UK has revealed
Posted: 09/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Hinckley & Rugby Building Society, Buy to Let by Foundation and Atom bank
Posted: 09/10/2024
Over half (55%) of UK adults with living parents are currently supporting or expect to support their parents financially in their retirement, Aegon has found
Posted: 08/10/2024
Clarion Wealth Planning has announced that its founder, Ron Walker, has sold 60% of his shareholding to his company management team
Posted: 08/10/2024
Thirty-eight per cent of British millennials are relying on money from their parents to help fund their own retirement pot, Moneyfarm has revealed
Posted: 08/10/2024
More than two in five (43%) savers have not moved any of their cash to accounts paying higher rates during the past two and a half years, despite changes in the Bank of England (BoE) base rate, Investec Bank has revealed
Posted: 08/10/2024
Brooks Macdonald has agreed to acquire LIFT-Financial Group and LIFT-Invest for up to £45m, subject to financial targets
Posted: 08/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Hanley Economic Building Society, Hampshire Trust Bank and LSL
Posted: 08/10/2024
Alternative Bridging Corporation has announced a new funding relationship of up to £200m to support its demand for loans
Posted: 08/10/2024
Compare the Market has now directly integrated 14 loan and credit card brands onto its money eligibility platform and comparison service
Posted: 07/10/2024
Canaccord Genuity has completed the acquisition of UK-based independent financial planning business Cantab Asset Management
Posted: 07/10/2024
Digital advice platform Dynamic Planner has announced a new CRM integration with Adviser Cloud
Posted: 07/10/2024
LHV Bank has facilitated a commercial mortgage for Broxmouth Park Estate, a luxury wedding and corporate event venue located in Scotland
Posted: 07/10/2024
House prices have increased by 4.7% year-on-year, the strongest rate since November 2022, Halifax has revealed
Posted: 07/10/2024
Experian has launched a partnership with non-bank consumer lender, Oakbrook, to offer debt consolidation loans
Posted: 07/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Castle Trust Bank and LiveMore
Posted: 07/10/2024
There has been a 67% increase in the number of tracker mortgages taken out over the past three years, according to data from the Financial Conduct Authority.
A Freedom of Information (FOI) request by Quilter showed that the number of tracker mortgages taken out has surged, rising from 118,818 in 2021 to 198,044 by Q1 of 2024
A Freedom of Information (FOI) request by Quilter showed that the number of tracker mortgages taken out has surged, rising from 118,818 in 2021 to 198,044 by Q1 of 2024
Posted: 04/10/2024
The Retreat York Pension Scheme has agreed a £30m full scheme buy-in with Royal London, securing the benefits of 202 pensioners and 108 deferred members
Posted: 04/10/2024
Today's round up of developments coming out of the consumer finance space, featuring Hinckley & Rigby for Intermediaries, Hampshire Trust Bank and M&G
Posted: 4/10/2024
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
The UK housing market in 2024
The performance of the UK housing market in 2024 has largely exceeded many people's expectations, although challenges remain for first-time buyers due to house prices increasing and a testing rental market for many. Regional disparities, such as the North-South divide, also continue to influence housing accessibility and affordability for many buyers in pockets of the country.
Intergenerational lending
MoneyAge News Editor, Michael Griffiths, hosts Family Building Society BDMs, Amar Mashru and Arif Kara, to discuss intergenerational lending and explore ways that buyers can use family income to help increase their borrowing capacity when applying for a mortgage
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