Latest News
-
Bank of England cuts interest rates to 4.25%
-
House prices increase by 3.2% in April – Halifax
-
Three in five advisers report family disputes during IHT planning
-
Brokers optimistic for short-term lending market
-
Remortgage search activity surges in 2025
-
FCA appoints David Geale to oversee PSR consolidation
Archive News
The Financial Conduct Authority (FCA) has appointed David Geale as the permanent executive director for payments and digital finance and managing director of the Payment Systems Regulator (PSR)
Posted: 08/05/2025
Monmouthshire Building Society has selected Phoebus to provide account servicing solutions to its 90,000 mortgage and savings members
Posted: 08/05/2025
The Bank of England (BoE) has announced a 0.25% cut to interest rates to bring the central bank’s base rate down to 4.25%.
The latest move is the fourth cut to the base rate since the BoE started to bring interest rates down last August from a recent peak of 5.25%
The latest move is the fourth cut to the base rate since the BoE started to bring interest rates down last August from a recent peak of 5.25%
Posted: 08/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Aldermore, Atom bank and Lloyds Banking Group
Posted: 08/05/2025
House prices in the UK increased by 3.2% in the 12 months to April, Halifax has revealed
Posted: 08/05/2025
Over three in five (63%) advisers have reported encountering family disputes while assisting with inheritance tax (IHT) planning, according to new research from Downing
Posted: 08/05/2025
Finova has announced the delivery of a new upgraded application and processing platform built for brokers for Castle Trust Bank
Posted: 08/05/2025
Wealth managers and family offices are concerned that companies are making false claims about the extent to which they use artificial intelligence (AI) and the positive impact it is having on their operations, research from Robocap has revealed
Posted: 07/05/2025
Fintech firm Sikoia has announced the launch of a new partnership with loan origination platform, Mast
Posted: 07/05/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, MPowered Mortgages and Pepper Money
Posted: 07/05/2025
The house buying process is taking 41% longer than expected, the Open Property Data Association (OPDA) has found
Posted: 07/05/2025
There was a significant increase in remortgaging activity in the UK’s housing market during the first quarter of 2025, according to research by Legal & General (L&G)
Posted: 07/05/2025
Seven in every 10 brokers (72%) are optimistic about future growth in the short-term lending market, research by Black & White Bridging has indicated
Posted: 07/05/2025
Seventy-one per cent of specialist buy-to-let (BTL) brokers expect the Bank of England (BoE) to cut the base rate tomorrow, Landbay has revealed
Posted: 07/05/2025
Santander has announced that all of its new build mortgage offers will now be valid for a standard nine months, increasing from six
Posted: 06/05/2025
Less than 2% of estates paying inheritance tax (IHT) have used the gifts out of surplus income gifting rule in the last three years, new analysis from Quilter has shown
Posted: 06/02/2025
The second half of 2024 saw a 49% annual increase in the number of complaints to the Financial Ombudsman Service (FOS)
Posted: 06/05/2025
Countrywide Surveying Services has launched a new decisioning engine, Geoconnect, which is designed to deliver "faster, smarter and more informed" valuation outcomes for lenders, valuers and property professionals
Posted: 06/05/2025
One Mortgage System (OMS) has announced a new partnership with Monument Technology
Posted: 06/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, StreamBank and YBS Commercial Mortgages
Posted: 06/05/2025
Monmouthshire Building Society has launched a new partnership with mortgage technology provider, MQube
Posted: 06/05/2025
The Financial Services Compensation Scheme (FSCS) has confirmed that it is accepting claims against Campbell & Associates Independent Financial Advice, after placing restrictions on the firm
Posted: 02/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Landbay, ModaMortgages and Zephyr Homeloans
Posted: 02/05/2025
The winners of the Wealth & Asset Management Awards 2025 were announced last night at a gala ceremony in London
Posted: 02/05/2025
Moneyhub has extended its partnership with Experian to introduce a new credit dashboard
Posted: 02/05/2025
The OSG Ship Management (UK) Limited Retirement Benefits Plan has completed a £16m full scheme buy-in with Aviva, covering the defined benefit (DB) liabilities for 53 members from OSG
Posted: 02/05/2025
Net mortgage approvals fell for the third month running in March, to a total 64,300, new Bank of England (BoE) figures have shown.
The figure, which is approvals net of cancellations for house purchases, was 800 down on February’s total
The figure, which is approvals net of cancellations for house purchases, was 800 down on February’s total
Posted: 01/05/2025
Leeds Building Society has launched a new partnership with Experian to improve the accuracy of its reported financed emissions within its residential lending portfolio
Posted: 01/05/2025
Lloyds Banking Group has seen its profit before tax drop by 7% year-on-year in the first quarter, reaching £1.53bn
Posted: 01/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, 7IM and Keystone Property Finance
Posted: 01/05/2025
Loughborough Building Society has joined the PMS Mortgage Club panel, expanding intermediary access to its range of specialist mortgage solutions
Posted: 01/05/2025
Many adults in the UK are “misguided” in their knowledge about estate planning, wills, and the laws of succession, according to research from Canada Life
Posted: 30/04/2025
Two in three (66%) independent financial advisers (IFAs) are feeling negative about cryptocurrency as an investment opportunity for their clients, new research by Opinium has revealed
Posted: 30/04/2025
Barclays UK has recorded a 14% increase in income to £2.07bn in its first quarter, driven by "higher structural hedge income" and the acquisition of Tesco Bank
Posted: 30/04/2025
Bridging loan activity has remained relatively stable in the first quarter of 2025, according to the latest Bridging Trends data
Posted: 30/04/2025
Today's round up of developments coming out of the consumer finance space, featuring LendInvest Mortgages, Inspired Lending and Vida Homeloans
Posted: 30/04/2025
Residential property transactions hit a total 164,650 in March, a figure up 89% on the same month in 2024, new data published by HMRC has shown
Posted: 30/04/2025
Selina Finance has rolled out the next phase of its integration with One Mortgage System (OMS) to give brokers faster access to its decision in principle (DIP) process
Posted: 30/04/2025
There are far more landlords planning to sell off property than invest in the next year, new research from Pegasus Insight has indicated
Posted: 29/04/2025
The Gleaner Pension Scheme has completed a £7.5m buy-in with Aviva, securing the benefits of all 121 members, comprising 26 deferred and 95 pensioner members, and covering all the scheme liabilities.
Posted: 29/04/2025
HSBC UK has reported a pre-tax profit of $1.71bn (£1.28bn) in its Q1 results, a figure up from $1.66bn in the previous quarter, but down from $1.81bn in Q1 last year
Posted: 29/04/2025
LHV Bank has seen its loan book increase by over 30% quarter-on-quarter in Q1 2025, reaching £400m
Posted: 29/04/2025
Stonebridge and Warwickshire-based broker firm, Matt Clarke Mortgage Services, have renewed their partnership with a new long-term deal
Posted: 29/04/2025
Equifax UK has called on the lending industry to unite in accelerating financial inclusion and tackling economic abuse, in an open letter to the industry
Posted: 29/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Black & White Bridging, Hampshire Trust Bank and Alternative Bridging Corporation
Posted: 29/04/2025
Owner-occupiers over the age of 60 now hold a record £2.89trn of net housing wealth in homes, worth a total £2.95trn, according to estimates from Savills
Posted: 28/04/2025
The College of Law Pension and Assurance Scheme has agreed an £85m buy-in with Royal London, meaning that all scheme liabilities are now fully covered by insurance contracts
Posted: 28/04/2025
The increase in stamp duty thresholds could be a ‘cliff-edge moment’ for first-time buyers (FTBs), according to the Yorkshire Building Society
Posted: 28/04/2025
Mansfield Building Society has announced that it reached over £125m in new mortgage lending in 2024
Posted: 28/04/2025
The British Business Bank has accredited Creative Growth Finance (CGF) as a delivery partner under its Growth Guarantee Scheme
Posted: 28/04/2025
More than half (53%) of commercial mortgage brokers have seen an increased appetite from their commercial clients for external funding, Atom bank has found
Posted: 28/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, CHL Mortgages for Intermediaries and Castle Trust Bank
Posted: 28/04/2025
Advisers are risking potential regulatory issues if they do not consider wills and Lasting Power of Attorney (LPAs) when recommending later life lending products, Key Later Life Finance has warned
Posted: 25/04/2025
Vida Homeloans has announced the integration of an automated valuation model (AVM) into its mortgage application process
Posted: 25/04/2025
Legal & General’s Mortgage Services business has announced the addition of Harpenden Building Society to its surveying services panel
Posted: 25/04/2025
London-based boutique wealth management firm K2 Private Wealth has launched this week, seeking to attract clients finding it difficult to access traditional private banks
Posted: 25/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Rosemount Financial Solutions (IFA), Nationwide and Hampshire Trust Bank
Posted: 25/04/2025
The Department for Work and Pensions (DWP) has repaid £804.7m to individuals impacted by historical state pension underpayments
Posted: 24/04/2025
The Financial Conduct Authority (FCA) has announced plans to streamline the rules on the types of funds that investment firms must hold to absorb losses during periods of stress
Posted: 24/04/2025
AJ Bell increased its assets under administration (AUA) to a record £90.4bn in its second quarter, a figure up 13% on last year
Posted: 24/04/2025
The Bridging & Development Lenders Association (BDLA) has announced Together as the latest lender member to join the association
Posted: 24/04/2025
The Open Property Data Association (OPDA) has welcomed four new member firms this month
Posted: 24/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Standard Life Home Finance, Atom bank and LiveMore
Posted: 24/04/2025
ModaMortgages has joined All Money Matters’ lender panel via the 1APP aggregator platform
Posted: 24/04/2025
United Trust Bank's total mortgage lending has surpassed the milestone of £2bn since it first launched into the sector
Posted: 23/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Nationwide, One Mortgage System and Fleet Mortgages
Posted: 23/04/2025
The housing market has overseen a decline in consumer confidence during the first quarter of 2025, new research from the Building Societies Association (BSA) has revealed
Posted: 23/04/2025
Financial adviser Shackleton has announced the launch of a new personal injury and court of protection division
Posted: 23/04/2025
Inheritance tax (IHT) receipts increased by £800m in the 2024/25 financial year, with a record £8.2bn collected between April 2024 and March 2025, HMRC has revealed
Posted: 23/04/2025
Overall product choice in the savings market has risen to a record high in April, as has the number of cash ISAs, new Moneyfacts data has shown
Posted: 22/04/2025
Keystone Property Finance has introduced a “refurb to let” range to meet broker and borrower demand for refurbishment finance
Posted: 22/04/2025
Investor confidence in UK markets fell by 28% in the first week of April, Hargreaves Lansdown has found
Posted: 22/04/2025
The volume of mortgage completions in the UK increased by 50% month-on-month in March to the highest level recorded since September 2021, Barclays Property Insights has revealed
Posted: 22/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Hinckley & Rugby for Intermediaries, LendInvest Mortgages and Evelyn Partners
Posted: 22/04/2025
HALO Invest has unveiled a new research product aimed at supporting investors in finding investment opportunities as it prepares to launch a new adviser platform in the UK
Posted: 17/04/2025
Connect for Intermediaries has added April Mortgages to its lender panel, making Connect one of a restricted number of networks where advisers can access April’s product range
Posted: 17/04/2025
Fifty per cent of UK adults do not know how much they’ll receive in their state pension, Standard Life has found
Posted: 17/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Kuflink and The Mortgage Works
Posted: 17/04/2025
Later life lending platform Air has launched a new app for its Air Club members which will deliver product rate notifications as well as market insight videos from industry experts
Posted: 17/04/2025
Swedish wealth manager Söderberg & Partners has made investments into four more UK-based independent financial adviser (IFA) firms
Posted: 16/04/2025
Thirty-eight per cent of advisers are "regularly turning away" potential new clients enquiring about later life lending options because they lack confidence in providing a suitable service, Key Later Life Finance has found
Posted: 16/04/2025
The rate of inflation slowed again in March to reach 2.6%, the Office for National Statistics (ONS) has revealed
Posted: 16/04/2025
Annual house price growth accelerated to 5.4% in the year to February, new Office for National Statistics (ONS) data has shown
Posted: 16/04/2025
Dudley Building Society has been added to Mortgage Intelligence’s lender panel, providing network members with access to its range of specialist mortgage products
Posted: 16/04/2025
Mortgage, protection, and financial planning network, Rosemount Financial Solutions (IFA), has added MetLife UK to its protection proposition
Posted: 16/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Nottingham Building Society, Gatehouse Bank and London Credit
Posted: 16/04/2025
Business volumes across the consumer finance sector increased by 3% in February compared to 2024, the latest data from the Finance & Leasing Association (FLA) has shown
Posted: 15/04/2025
Access Financial Services (FS) has reached a record level of income in its mortgage division, after its revenue increased by 43% year-on-year in its first quarter
Posted: 15/04/2025
Almost 18 million Brits are set to be dragged into the basic rate of income tax by 2027/28 as a result of frozen tax thresholds, Quilter has revealed
Posted: 15/04/2025
Benchmark Capital, a financial planning solutions provider part of the Schroders Group, has acquired the remaining minority stake in Oculus Wealth Management
Posted: 15/04/2025
The Right Mortgage & Protection Network has added buy-to-let (BTL) and bridging lender, Lendco, to its panel
Posted: 15/04/2025
One Mortgage System (OMS) has launched a new partnership with Countrywide Home Surveys, part of Countrywide Surveying Services
Posted: 15/04/2025
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Mansfield Building Society and Atom bank
Posted: 15/04/2025
The Financial Conduct Authority has called on banks and building societies to improve their policies around power of attorney cases
Posted: 14/04/2025
The number of available mortgage deals at 90% and 95% loan-to-value (LTV) have climbed to their highest levels since March 2008, new data published by Moneyfacts has shown
Posted: 14/04/2025
The South East Water Pension Scheme has completed a £120m buy-in with Just Group, securing the benefits of around 700 pensioner and dependent members and almost 300 deferred members
Posted: 14/04/2025
Fifteen per cent of UK homeowners are planning to downsize during the current five-year parliamentary session, new research from Suffolk Building Society has indicated
Posted: 14/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, The Right Mortgage & Protection Network and Melton Building Society
Posted: 14/04/2025
More than three quarters of mortgage brokers (77%) have expressed dissatisfaction with the announcements made by the Chancellor in her Spring Statement, new Landbay research has shown
Posted: 14/04/2025
The average asking price for a house in Great Britain hit a new record of £377,182 in April, Rightmove has found
Posted: 14/04/2025
The first quarter of 2025 has registered a significant increase in first-time buyer searches for mortgages, including a rise in older buyers looking to step onto the property ladder for the first time, according to Legal & General (L&G)
Posted: 11/04/2025
The Financial Conduct Authority (FCA) has concluded its six-week policy sprint, which aims to support new ways to help consumers make important investment decisions
Posted: 11/04/2025
UK GDP grew by 0.5% month-on-month in February with growth recorded across all sectors, the Office for National Statistics (ONS) has revealed
Posted: 11/04/2025
One in five (19%) independent financial advisers (IFAs) are anticipating an increase in their clients moving money from investments to cash savings, new research by Opinium has shown
Posted: 11/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Nottingham Building Society and ModaMortgages
Posted: 11/04/2025
Air Academy has launched a new fact find learning programme in partnership with the Equity Release Council
Posted: 10/04/2025
more2life has announced a new technology integration with Advise Wise
Posted: 10/04/2025
Nikhil Rathi has been reappointed by the Treasury to serve a second term as chief executive of the Financial Conduct Authority (FCA).
Rathi, who has been in the role at the regulator since 2020, will see his second term run until September 2030
Rathi, who has been in the role at the regulator since 2020, will see his second term run until September 2030
Posted: 10/04/2025
Over one in five (21%) investors who have made financial mistakes in the past regret not researching their investments properly, Columbia Threadneedle Investments has revealed
Posted: 10/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Target Group, LHV Bank and Hampshire Trust Bank
Posted: 10/04/2025
Advisers are increasingly looking for support around inheritance tax (IHT) planning amid growing demand for advice, a new study by investment manager Downing has shown
Posted: 10/04/2025
Phoebus Software has announced a new partnership with Consectus, as it continues to grow its digital partnership ecosystem
Posted: 10/04/2025
Simplybiz Mortgages has reported “strong growth” for last year in both its total lending and overall market share
Posted: 09/04/2025
Rothesay has completed a £105m full scheme buy-in with the Skipton Building Society (2015) Group Pension Scheme
Posted: 09/04/2025
Perspective Financial Group has announced nine new acquisitions of financial planning firms and added £900m in assets under advice to the group
Posted: 09/04/2025
Scottish Friendly has announced plans to acquire the pension and annuity in payment books of business from Fidelity International, subject to regulatory approval
Posted: 09/04/2025
Almost three in 10 (27%) new lifetime mortgage customers list repaying debts and mortgages as the primary reason for taking out the product, Pure Retirement has found
Posted: 09/04/2025
Ninety-four percent of financial planners involve family members when advising in the wealth transfer process, Quilter Cheviot has found
Posted: 09/04/2025
Mortgage and savings software provider, finova, has rolled out a new servicing uplift for specialist business bank, Redwood Bank
Posted: 09/04/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, The Mortgage Works and Rosemount Financial Solutions
Posted: 09/04/2025
Adults holding cash ISAs are almost twice as likely to open a junior cash ISA for their children compared to a junior stocks and shares ISA, the Investment Association has found
Posted: 08/04/2025
Financial services (FS) firms reported slower volumes of business growth in Q1, according to new research by the Confederation of British Industry (CBI)
Posted: 08/04/2025
The number of purchase mortgage searches recorded in March dropped month-on-month by 2.4%, while purchase buy-to-let and residential mortgage searches also fell by 3.43% and 2.23% respectively, Twenty7tec has found
Posted: 08/04/2025
Financial planning firm Finli Group has expanded its UK operations with a further five acquisitions in March
Posted: 08/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Barclays and Vernon Building Society
Posted: 08/04/2025
The Right Mortgage & Protection Network has added Loughborough Building Society to its lender panel
Posted: 08/04/2025
Mortgage Brain has completed an API integration with specialist bank, Aldermore, as part of a move to make it quicker for intermediaries to run criteria searches
Posted: 08/04/2025
Quilter has announced the acquisition of MediFintech, a specialist provider of NHS pension analysis and support services
Posted: 07/04/2025
Tariffs introduced by US President, Donald Trump, could be a "silver lining" for UK mortgage borrowers, AJ Bell has stated
Posted: 07/04/2025
United Trust Bank (UTB) Mortgages has announced a new partnership with mortgage club, Next Intelligence
Posted: 07/04/2025
Almost a third (30%) of DIY investors have said they would opt in to use salary sacrifice schemes, Charles Stanley Direct has found
Posted: 07/04/2025
The Financial Conduct Authority (FCA) has proposed new plans to reform its regime for alternative asset managers
Posted: 07/04/2025
The average house price in the UK dropped by 0.5% month-on-month in March, having fallen by 0.2% in February, Halifax has revealed
Posted: 07/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Standard Life Home Finance, Precise and Molo Finance
Posted: 07/04/2025
finova Broker has announced its latest integration with UnderwriteMe’s protection platform, expanding the choice of protection sourcing solutions available to brokers
Posted: 04/04/2025
Newly launched specialist lender ModaMortgages has joined the PRIMIS Mortgage Network lender panel
Posted: 04/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Canada Life, Hanley Economic Building Society and Mortgage Brain
Posted: 04/04/2025
Around half (49%) of independent financial advisers (IFAs) believe a reduction or removal of the current ISA allowance would prompt clients to move more money into investments, a new Opinium study has shown.
Opinium published its research, based on an online survey of 200 IFAs, ahead of savers rushing to meet this weekend’s tax year-end deadline
Opinium published its research, based on an online survey of 200 IFAs, ahead of savers rushing to meet this weekend’s tax year-end deadline
Posted: 04/04/2025
Market Financial Solutions has become the latest firm to join The Right Mortgage and Protection Network’s panel of lenders
Posted: 04/04/2025
A former non-executive director at Wyelands Bank, George Hambro, has been fined £72,000 by the Prudential Regulation Authority (PRA) for breaching its conduct rules
Posted: 03/04/2025
Retail investors are "overwhelmingly opposed" to scrapping or restricting access to cash ISAs, adding that they are doubtful that changes would boost stock market investing, Rathbones Group has found
Posted: 03/04/2025
Quantum Mortgages has announced its entry into the bridging market with the launch of a new short-term finance proposition
Posted: 03/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Foundation Home Loans and United Trust Bank Mortgages
Posted: 03/04/2025
Second charge mortgages have cemented their position as the fastest-growing segment in the post-pandemic UK property finance market, according to analysis by Pepper Money
Posted: 03/04/2025
Compare the Market has launched a new partnership with Fluent Money to further expand its money eligibility and comparison service
Posted: 03/04/2025
The number of buy-to-let (BTL) mortgage loans advanced in the UK jumped by 39.2% in the last quarter of 2024 to 52,648, UK Finance has revealed
Posted: 02/04/2025
MagiClick has announced the renewal of its partnership with Vida Bank, following the implementation of a modern digital platform with the specialist mortgage bank
Posted: 02/04/2025
Meridian Mortgages Group has acquired William Lowden & Associates, a Bedfordshire-based mortgage broker specialising in the new build sector
Posted: 02/04/2025
TransUnion has completed the acquisition of credit prequalification and distribution platform, Monevo, from Quint Group
Posted: 02/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Buckinghamshire Building Society and ModaMortgages
Posted: 02/04/2025
A quarter (24%) of ISA savers are not aware there is a tax deadline for their £20,000 ISA allowance, meaning some could be missing out on accruing tax-free interest on their savings, Charles Stanley has found
Posted: 01/04/2025
UK house prices remained flat month-on-month in March ahead of the April stamp duty changes, Nationwide has revealed
Posted: 01/04/2025
Wealthtime has rebranded to The Quanta Group and become a fully integrated wealth manager, following its acquisition of Craven Street Wealth
Posted: 01/04/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Gatehouse Bank and Black & White Bridging
Posted: 01/04/2025
Forty-seven per cent of buy-to-let (BTL) landlords have no intention of selling any properties in the next 12 months, according to a new survey from Landbay
Posted: 01/04/2025
The Prudential Regulation Authority (PRA) has proposed an increase to the deposit protection limit of the Financial Services Compensation Scheme (FSCS), from £85,000 to £110,000
Posted: 31/03/2025
Quilter Financial Planning has added the newly launched, Northern Ireland-based, PHW Wealth Partners to its advice network
Posted: 31/03/2025
Net mortgage approvals for house purchases fell by 600 in February to a total 65,500, new figures released by the Bank of England (BoE) have shown
Posted: 31/03/2025
Market Financial Solutions has upsized and extended multiple institutional funding lines, securing up to £1bn in additional capital
Posted: 31/03/2025
Today's round up of developments coming out of the consumer finance space, featuring HLPartnership, Nucleus Financial Platforms and Asset Advantage
Posted: 31/03/2025
Today's round up of developments coming out of the consumer finance space, featuring The Right Mortgage & Protection Network, Atom bank and Santander
Posted: 28/3/2025
The value of property wealth owned by those aged 65 and over has reached £2.944trn, Key Later Life Finance has found
Posted: 28/3/2025
Evelyn Partners’ assets under management (AUM) increased by £3.9bn in 2024 to a record £63bn, as the firm focused in on his wealth business, its annual report has revealed
Posted: 28/3/2025
UK residential property transactions totalled 90,430 in February, which is a year-on-year increase of 24%, HM Revenue and Customs (HMRC) has revealed
Posted: 28/3/2025
The first-time buyer (FTB) market was valued at £106bn in 2024, driven by an increase in FTB numbers and property prices, GetAgent has found
Posted: 27/03/2025
Independent financial adviser (IFA) and wealth management firm Shackleton has completed the acquisition of PK Group
Posted: 27/03/2025
AJ Bell has agreed to sell its Platinum SIPP and SSAS business to InvestAcc for a deal worth up to £25m
Posted: 27/03/2025
Almost one in five (17%) UK adults have "never heard" of a stocks and shares ISA, while 25% of those who have heard of the investment product don’t know anything about it, The Investment Association has revealed
Posted: 27/03/2025
Fintel has confirmed the appointment of Tom Hegarty as the new CEO of Simplybiz
Posted: 27/03/2025
Advisers have reported a surge in demand for inheritance tax (IHT) planning advice, with new clients accounting for most of the enquiries, research by Downing has found
Posted: 27/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Saffron Building Society, Nottingham Building Society and Hargreaves Lansdown
Posted: 27/03/2025
Growth estimates for the UK in 2025 have been halved to 1% by the Office for Budget Responsibility (OBR), the Chancellor of the Exchequer, Rachel Reeves, has announced in the Spring Statement
Posted: 26/3/2025
The average house price in the UK jumped by 4.9% year-on-year in January, which is the highest rate of growth in property prices since February 2023, the Office for National Statistics (ONS) has found
Posted: 26/3/2025
Today's round up of developments coming out of the consumer finance space, featuring Offa, LiveMore and Atom bank
Posted: 26/3/2025
CHL Mortgages for Intermediaries has announced a new partnership with PRIMIS Mortgage Network
Posted: 26/3/2025
The rate of inflation in the UK slowed to 2.8% in the 12 months to February, the Office for National Statistics (ONS) has revealed.
This compares to consumer price index (CPI) inflation totalling 3% in the year to January
This compares to consumer price index (CPI) inflation totalling 3% in the year to January
Posted: 26/3/2025
The Financial Conduct Authority (FCA) has launched an action plan in which it has outlined proposals to review its expectations for mortgages and lending, and explore how it can simplify communications about savings accounts
Posted: 25/3/2025
Global insurance and employee benefits intermediary group Howden has announced plans to acquire Barnett Waddingham for an undisclosed amount
Posted: 25/3/2025
One Mortgage System (OMS) has extended its mainstream reach through a full application programming interface (API) integration with Nationwide Building Society
Posted: 25/3/2025
Today's round up of developments coming out of the consumer finance space, featuring Landbay, United Trust Bank and Family Building Society
Posted: 25/3/2025
Over a quarter (27%) of tenants expect their rent to increase following the introduction of the Renters’ Rights Bill (RRB), Pegasus Insight has found
Posted: 24/3/2025
Anglo American Services (UK) has completed a £785m combined buy-in with Legal & General Assurance Society (L&G) for three of its defined benefit (DB) schemes
Posted: 24/3/2025
The Financial Conduct Authority (FCA) has launched a market study into how well the distribution of pure protection insurance policies is working for customers
Posted: 24/3/2025
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Access Financial Services and Loughborough Building Society
Posted: 24/3/2025
Mortgage affordability weakened for the second month in a row in January, according to new analysis from Stonebridge
Posted: 21/03/2025
The amount of inheritance tax (IHT) collected by HMRC has reached £7.6bn in the 11 months to February, surpassing the annual record with a month to spare.
HMRC took the previous annual record last year, when IHT receipts totalled £7.5bn across the full 2023/24 financial year
HMRC took the previous annual record last year, when IHT receipts totalled £7.5bn across the full 2023/24 financial year
Posted: 21/03/2025
Savers are increasingly switching cash from instant access and notice accounts to fixed rate accounts in the expectation of more Bank of England (BoE) base rate cuts, Investec Save has found
Posted: 21/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Interbay, Bank of Ireland for Intermediaries and YBS Commercial Mortgages
Posted: 21/03/2025
There was £146m worth of new business agreed in the second charge mortgage market in January, new figures released by the Finance & Leasing Association (FLA) have shown
Posted: 21/03/2025
The Church of Scotland Pension Trustees has completed a £75m multi-scheme buy-in with Just Group, insuring the benefits of 1,500 pensioner and dependant members and 850 deferred members
Posted: 20/03/2025
One in every five cash ISA savers (20%) would switch to investing in the UK stock market if the cash ISA allowance was to be reduced or abolished
Posted: 20/03/2025
The Bank of England (BoE) has opted to hold interest rates at their current level of 4.5%
Posted: 20/03/2025
Awareness of product innovation in the later life lending market is growing but advisers have admitted they need more support, according to findings from Air
Posted: 20/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Accord Mortgages and Dudley Building Society
Posted: 20/03/2025
The UK property market is experiencing demand from a much wider range of international investors than is commonly assumed, RAW Capital Partners has stated
Posted: 20/03/2025
Tech provider Mortgage Brain has added Gatehouse Bank to its Sourcing Brain and Criteria Brain platforms
Posted: 20/03/2025
The Finance Family has migrated its team of 20 brokers over to Acre’s intermediary platform, as it looks to build on its growth plans
Posted: 19/03/2025
Quilter Financial Planning has announced Forseti Wealth Partners as its latest appointed representative (AR) firm
Posted: 19/03/2025
Lenders, loan providers, and credit and capital allocators are meeting in London today at the FTT Lending conference at County Hall
Posted: 19/03/2025
The MoneyAge Awards 2025 are now open to entries from firms across the personal finance space serving clients in the UK
Posted: 19/03/2025
Financielle Partners has announced a new partnership with UK broker, LifeSearch, to support and encourage more women to consider their protection needs
Posted: 19/03/2025
Less than one in 10 borrowers (8%) are worrying about the long-term financial burden of getting a mortgage, a broker study from MPowered Mortgages has found
Posted: 19/03/2025
Standard Life has furthered its strategic partnership with Fidelity International by launching the guaranteed lifetime income plan
Posted: 19/03/2025
Today's round up of developments coming out of the consumer finance space, featuring more2life, Accord Mortgages and United Trust Bank
Posted: 19/03/2025
Six in 10 mortgage brokers (58%) are open to AI playing a bigger role in the sector, according to new research from Nottingham Building Society
Posted: 18/03/2025
Hinckley & Rugby for Intermediaries has expanded its partnership with PEXA and Optima Legal by launching its fee-assisted remortgage service
Posted: 18/03/2025
Mortgage advisers are failing over-50s on later life lending advice by not making them aware of all their options, Key Later Life Finance has warned
Posted: 18/03/2025
Over £54bn of adult cash ISA savings are earning 2% interest or below, with the majority being held in instant access accounts, Paragon Bank has found
Posted: 18/03/2025
The average number of monthly mortgage completions has increased by 26% in the wake of the Autumn Budget since changes to stamp duty were first announced, data released by Barclays has shown
Posted: 18/03/2025
Today's round up of developments coming out of the consumer finance space, featuring The Cumberland for Intermediaries, Offa and Invesco
Posted: 18/03/2025
Norton Home Loans has partnered with London & Country (L&C) Mortgages to expand access to its specialist mortgage solutions
Posted: 18/03/2025
Isle of Man-based Boston Multi Family Office has completed the acquisition of family office and fiduciary business Aqua Group
Posted: 17/03/2025
The Financial Conduct Authority (FCA) has fined the founder of Odey Asset Management (OAM) LLP, Crispin Odey, £1.8m and banned him from the UK financial services industry for a "lack of integrity"
Posted: 17/03/2025
Metro Bank has launched a new partnership with Covecta, an AI platform for financial services that will be deployed across its corporate and commercial credit businesses
Posted: 17/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Bank, The Mortgage Works and Aspen Bridging
Posted: 17/03/2025
The number of cash ISA products available on the market has risen to 598 deals, its highest ever level, according to new data published by Moneyfacts
Posted: 17/03/2025
Thirty-one per cent of independent financial advisers (IFAs) have said they see succession planning as "vital", research by ValidPath has found
Posted: 17/03/2025
Masthaven has become the latest firm to join the Bridging & Development Lenders Association (BDLA) as a lender member
Posted: 17/03/2025
The Fuller’s Defined Benefit (DB) Pension Plan has secured a full buy-in with Legal & General (L&G), following recent funding improvements
Posted: 14/03/2025
The commercial lending arm of Yorkshire Building Society, YBS Commercial Mortgages, grew its balance sheet to £2.2bn in 2024
Posted: 14/03/2025
Gross lending to UK SMEs by the main high street banks increased by 13% in 2024 to just over £16bn, new figures released by UK Finance have shown
Posted: 14/03/2025
UK GDP has fallen by 0.1% in January after an increase of 0.4% in December, the Office for National Statistics (ONS) has revealed
Posted: 14/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Nottingham Building Society and Bridge Help
Posted: 14/03/2025
Fund outflows returned in January after two consecutive months of inflows as investors faced “increased uncertainty”, data from the Investment Association (IA) has revealed
Posted: 13/03/2025
The Cumberland has launched a new partnership with tech firm, Uinsure, to provide home insurance to its members
Posted: 13/03/2025
Octopus Money has launched a new partnership with Aveni.ai which will see the firm adopt Aveni’s AI solutions across its adviser and coaching teams
Posted: 13/03/2025
Over one in three UK landlords (36%) are planning to expand their property portfolios in 2025, a new study by Market Financial Solutions has indicated
Posted: 13/03/2025
MorganAsh has launched a series of workshops on customer vulnerability to help firms meet the requirements of Consumer Duty
Posted: 13/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Alternative Bridging Corporation, Just Mortgages and Keychain
Posted: 13/03/2025
Rosemount Financial Solutions (IFA) has announced a new partnership with Chetwood Bank
Posted: 13/03/2025
The Financial Conduct Authority (FCA) has scrapped its “name and shame” proposals following widespread criticism from the financial services industry
Posted: 12/03/2025
The number of additional rate taxpayers increased by 9.5% between 2021/22 and 2022/23, HM Revenue and Customs (HMRC) has revealed
Posted: 12/03/2025
Eight in ten (83%) high net worth individuals (HNWIs) are expecting taxes to rise further in the next 12 months, a new study by Saltus has indicated
Posted: 12/03/2025
The Payment Systems Regulator (PSR) is to be abolished under new plans by the Government to cut back regulation and “reduce red tape”.
The Government has confirmed that the PSR, the economic regulator for the £81trn payment systems industry in the UK, will mainly be consolidated into the Financial Conduct Authority (FCA)
The Government has confirmed that the PSR, the economic regulator for the £81trn payment systems industry in the UK, will mainly be consolidated into the Financial Conduct Authority (FCA)
Posted: 12/03/2025
Standard Life has successfully reunited customers with £50m in lost pension savings within five months of launching its partnership with pension-finding platform, Raindrop
Posted: 12/03/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Aubrey Capital Management and YBS Commercial Mortgages
Posted: 12/03/2025
Over half (51%) of UK mortgage brokers have described finding suitable financial products for high-net-worth individuals (HNWIs) as a "significant hurdle", research by Butterfield Mortgages has found
Posted: 12/03/2025
Nationwide is sending a £50 payment to more than 12 million of its customers, the building society has announced
Posted: 11/03/2025
Next Intelligence has appointed Market Financial Solutions to its panel of lenders
Posted: 11/03/2025
Over four in five (81%) advisers and wealth managers expect the proportion of clients using business relief for inheritance tax (IHT) planning to increase, Downing has found
Posted: 11/03/2025
The value of all UK residential mortgages crept up by 0.5% in the fourth quarter of 2024, to a total £1.68trn, new Bank of England (BoE) figures have shown.
This was 1.3% higher than the same quarter a year earlier and the highest stock of outstanding mortgage loans since the BoE’s reporting began in 2007
This was 1.3% higher than the same quarter a year earlier and the highest stock of outstanding mortgage loans since the BoE’s reporting began in 2007
Posted: 11/03/2025
Today's round up of developments coming out of the consumer finance space, featuring West One Loans, Yorkshire Building Society and Metro Bank
Posted: 11/03/2025
More than half (54%) of advisers are expecting a rise in enquiries about later life lending in the next 12 months, new research from Key Later Life Finance has revealed
Posted: 11/03/2025
The Intermediary Mortgage Lenders Association (IMLA) has appointed finova as an associate member
Posted: 11/03/2025
The A Gomez Limited Retirement Benefits Scheme has completed a £4.8m buyout with Aviva following a six-month process
Posted: 10/03/2025
Seven adviser firms have joined Clifton Wealth Partnership (CWP) following an acquisition and integration process
Posted: 10/03/2025
Almost three quarters (74%) of independent financial advisers (IFAs) have re-evaluated the role of annuities in retirement planning following changes made in the Autumn Budget, Standard Life has found
Posted: 10/03/2025
The former chief executive of the Association of Mortgage Intermediaries (AMI), Rob Sinclair, has warned brokers that lenders will look to take more market share from them in the coming years
Posted: 10/03/2025
The average shelf-life of a mortgage product has fallen to 16 days, down from 36 days a month previously, according to new Moneyfacts data
Posted: 10/03/2025
Investment confidence among UK adults has increased by 25% year-on-year in 2024, research by Moneybox has revealed
Posted: 10/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Bank, Atom bank and Countrywide Surveying Services
Posted: 10/03/2025
The Financial Conduct Authority is encouraging vulnerable customers to open up to financial services firms to get the right support
Posted: 07/03/2025
The number of parents providing support for their children with house deposits has increased by 46% over the past five years, Twenty7tec has revealed
Posted: 07/03/2025
The wealth gap between UK households who receive financial advice and those who have no financial plan in place is around £155,000 on average, research from St James’s Place (SJP) has shown
Posted: 07/03/2025
Annual house price growth remained steady at 2.9% in the year to February, the latest Halifax House Price Index (HPI) has shown.
This figure was unchanged from the rate of annual growth in January although the average UK house price did however see a slight monthly dip of -0.1%, following a 0.6% increase in January
This figure was unchanged from the rate of annual growth in January although the average UK house price did however see a slight monthly dip of -0.1%, following a 0.6% increase in January
Posted: 07/03/2025
Today's round up of developments coming out of the consumer finance space, featuring LendInvest Mortgages, Landbay and Fleet Mortgages
Posted: 07/03/2025
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have appointed Martyn Beauchamp as the new chief executive officer (CEO) of the Financial Services Compensation Scheme (FSCS)
Posted: 06/03/2025
There is still appetite among landlords to buy new property despite the recent changes to stamp duty on additional investment properties, new research from Landbay has indicated
Posted: 06/03/2025
Seventy per cent of financial planning firms have a positive outlook for growth over the next 12 months, research by Saltus has revealed
Posted: 06/03/2025
At least 158 banking IT failure incidents at nine of the UK's largest banks and building societies have affected millions of banking customers’ ability to access services in the last two years, new data published by the Treasury Committee has revealed
Posted: 06/03/2025
Today's round up of developments coming out of the consumer finance space, featuring London Credit, StreamBank and CHL Mortgages for Intermediaries
Posted: 06/03/2025
Valuation panel management group, VAS, has joined the Intermediary Mortgage Lenders Association (IMLA) as an associate member
Posted: 06/03/2025
The Right Mortgage & Protection Network has added specialist buy-to-let (BTL) lender, ModaMortgages, to its panel
Posted: 06/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Gatehouse Bank, West One Loans, and Precise
Posted: 05/03/2025
Nivo has launched an AI-powered product that aims to help specialist lenders grow without hiring more people
Posted: 05/03/2025
The Inchcape Motors Pension Scheme has completed a £505m buy-in with Legal & General (L&G) Assurance Society, covering the benefits of 2,295 retirees and 5,890 deferred members
Posted: 05/03/2025
Shackleton has rolled out VouchedFor’s client survey, Elevation, across its group as part of a wider move to improve its clients’ experience and also meet Consumer Duty requirements
Posted: 05/03/2025
Mortgage, protection, and financial planning network Rosemount Financial Solutions (IFA) has added Redwood Bank to its lender panel
Posted: 05/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Black & White Bridging, and Atom bank
Posted: 04/03/2025
The Financial Ombudsman Service (FOS) received 68,430 complaints in the final three months of 2024
Posted: 04/03/2025
The share of gross lending by challenger and specialist banks has reached 60%, the highest level on record, a new report from the British Business Bank has revealed.
According to the findings, challenger and specialist banks are also continuing to outperform the UK’s bigger traditional banks
According to the findings, challenger and specialist banks are also continuing to outperform the UK’s bigger traditional banks
Posted: 04/03/2025
Partners Wealth Management (PWM) has completed the acquisition of Scotland-based wealth management business Johnston Carmichael Wealth
Posted: 04/03/2025
Savers grew the overall amount held in adult cash ISAs by £45bn last year as more people opted for the tax-free wrapper, research by Paragon Bank has shown
Posted: 04/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Key, Barclays and Afin Bank
Posted: 03/03/2025
The Financial Conduct Authority (FCA) has started criminal proceedings against Kerry Nelson and Jacqueline Stephens for alleged fraud, forgery, and money laundering
Posted: 03/03/2025
Net borrowing of mortgage debt by individuals increased by £900m in January to £4.2bn, new Bank of England (BoE) figures have shown
Posted: 03/03/2025
Loughborough Building Society has announced a new partnership with Finance Advice Club to expand its intermediary distribution channel
Posted: 03/03/2025
Suffolk Building Society has become the latest firm to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 03/03/2025
There were a total 81,360 residential property transactions in January, a figure 21% up on the same month last year, according to new HMRC data
Posted: 28/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Virgin Money, Coventry for Intermediaries and Inspired Lending
Posted: 28/02/2025
House prices in the UK remained "stable" in February, increasing by 3.9% year-on-year, Nationwide has revealed
Posted: 28/02/2025
The winners of the Mortgage Awards 2025 were announced last night at a gala ceremony in London
Posted: 28/02/2025
District & County Investments has become the latest firm to join the Bridging & Development Lenders Association (BDLA)
Posted: 28/02/2025
Annual house price inflation edged down to 1.9% in the year to January, according to the latest Zoopla House Price Index
Posted: 27/02/2025
Sixty-two per cent of UK mortgage brokers are actively seeking to expand their overseas client base, despite Government policies proving to be "significant obstacles", RAW Capital Partners has found
Posted: 27/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Hanley Economic Building Society, Fleet Mortgages and Mortgage Brain
Posted: 27/02/2025
A total 35,840 new later life loans were advanced to older borrowers in Q4 2024, a level up 28.2% on last year, new UK Finance figures have revealed
Posted: 27/02/2025
Target Group has launched a new partnership with fintech firm, PEXA, to expand the conveyancing capabilities of its originations platform, Mortgage Hub
Posted: 27/02/2025
The Government’s Mortgage Guarantee Scheme has supported 50,038 mortgages since its launch in April 2021, 86% of which have been purchases by first-time mortgages
Posted: 26/02/2025
Canaccord Genuity Wealth Management has completed the acquisition of Brooks Macdonald Group’s international arm, Brooks Macdonald Asset Management (International) Limited (BMI) for up to £50.9m
Posted: 26/02/2025
Metro Bank has agreed a deal to sell its £584m portfolio of unsecured personal loans as part of a move to prioritise specialist lending
Posted: 26/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Gatehouse Bank, United Trust Bank and Kent Reliance for Intermediaries
Posted: 26/02/2025
Over three in five (62%) property purchases are at risk of being delayed or falling through if buyers miss the stamp suty deadline on 31 March, Upstix has revealed
Posted: 26/02/2025
More than a quarter (26%) of retail traders believe that an increasingly volatile UK stock market will increase trading levels this year, according to new research from GraniteShares
Posted: 26/02/2025
Fears of assessment bias when identifying customer vulnerability are "not only unfounded, but risk delaying progress" on meeting Consumer Duty requirements and supporting customers, MorganAsh has warned
Posted: 26/02/2025
The Payment Systems Regulator (PSR) could be abolished as part of plans that could see the UK’s payments watchdog fold into the Financial Conduct Authority (FCA)
Posted: 25/02/2025
An unnamed UK-based asset manager's pension scheme has completed a £111m bulk annuity purchase (BPA) transaction with M&G, securing the benefits of 466 pensioners and deferred members
Posted: 25/02/2025
A trial has been arranged in the criminal proceedings brought by the Financial Conduct Authority (FCA) against the former WealthTek LLP principal partner, John Dance
Posted: 25/02/2025
Outsourced investments have soared in popularity over the last five years, according to new data from Quilter
Posted: 25/02/2025
Gatehouse Bank has published a report that outlines recommendations for the Government to unlock growth by "levelling the playing field" between Islamic and conventional finance
Posted: 25/02/2025
Average rental yields achieved by landlords increased to their highest level since March 2011 during the fourth quarter of 2024, Paragon Bank has revealed
Posted: 25/02/2025
Today's round up of developments coming out of the consumer finance space, featuring 7IM, Shepherds Friendly and Loughborough Building Society
Posted: 25/02/2025
Darlington Building Society (DBS) has agreed to extend its contract with finova until 2030 to use the MSO loan origination platform
Posted: 24/02/2025
The 1973 Pension & Assurance Scheme of The Boys’ Brigade has secured a £4.5m full scheme buy-in with Just Group, insuring the benefits of 49 members, comprising 15 deferred members and 34 pensioner members
Posted: 24/02/2025
The Financial Conduct Authority (FCA) has found that financial advisers are delivering suitability reviews in “the vast majority of cases” included in its review of ongoing advice
Posted: 24/02/2025
Bridging lending has surpassed £10bn in a year for the first time, with increases in applications, completions and loan book value, the Bridging & Development Lenders Association (BDLA) has revealed
Posted: 24/02/2025
Today's round up of developments coming out of the consumer finance space, featuring HouzeCheck, Selina Finance and Arc & Co.
Posted: 24/02/2025
Enra Specialist Finance, the parent company of specialist lender West One Loans, has completed a £320m securitisation comprising of first charge and buy-to-let (BTL) mortgages
Posted: 24/02/2025
PensionBee has announced a new partnership with ClearScore to create a financial marketplace to improve users’ financial wellbeing
Posted: 24/02/2025
A total £130m worth of new business was agreed in the second charge mortgage market during December, new figures from the Finance & Leasing Association (FLA) have shown
Posted: 21/02/2025
The Financial Conduct Authority (FCA) has continued to face a backlash over its plans to ‘name and shame’ firms, under which the regulator would change its approach to publicising enforcement action
Posted: 21/02/2025
Four banks have agreed a settlement with the Competition and Markets Authority (CMA) to pay fines in cases related to UK Government bonds.
Citi, HSBC, Morgan Stanley and Royal Bank of Canada will pay fines totalling £104.5m
Citi, HSBC, Morgan Stanley and Royal Bank of Canada will pay fines totalling £104.5m
Posted: 21/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Rosemount Financial Solutions (IFA), Nationwide and Interbay
Posted: 21/02/2025
Inheritance tax (IHT) receipts reached £7bn in the period between April last year and January, a £700m year-on-year increase, HMRC has revealed
Posted: 21/02/2025
The average stocks & shares ISA fund has recorded a growth of 11.9% over the last 12 months, according to new analysis from Moneyfacts
Posted: 20/02/2025
Nottingham Building Society has partnered with conveyancing software provider and PEXA Group business, Smoove, to "drive efficiency" for its panel management services
Posted: 20/02/2025
Lloyds has "capped off a strong year", analysts have stated, as the firm’s net income reached £4.4bn in the final quarter, beating expectations by £100m
Posted: 20/02/2025
There are now almost 10,000 fewer finance businesses in the UK compared to 2020, a new report from the Payments Group has revealed
Posted: 20/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Landbay and Offa
Posted: 20/02/2025
Target Group has announced a new five-year strategic partnership with FourNet to enhance its contact centre solution
Posted: 20/02/2025
Gatehouse Bank has launched a new partnership with One Mortgage System (OMS) that will see the Shariah-compliant ethical bank adopt the OMS processing platform
Posted: 20/02/2025
Iress has announced that specialist buy-to-let provider from Chetwood Bank, ModaMortgages, is now live on Xplan Mortgage and Trigold
Posted: 19/02/2025
The upcoming stamp duty changes could raise an additional £1.1bn a year for the Government, according to new estimates from Zoopla
Posted: 19/02/2025
Retirees could be at risk of spending their pension pots by their late 70s, as a result of the 'lottery effect', Legal & General (L&G) has stated
Posted: 19/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Zephyr Homeloans, Paragon Bank and Hinckley & Rugby Building Society
Posted: 19/02/2025
HSBC has announced a rise in pre-tax profit to $2.3bn in Q4 as the bank also detailed plans to cut an estimated $1.5bn from its cost base before the end of next year
Posted: 19/02/2025
UK inflation increased to 3% in the year to January, the highest rate since March last year, the Office for National Statistics (ONS) has revealed
Posted: 19/02/2025
UK house price growth accelerated to 4.6% in the year to December, according to new figures published by the Office for National Statistics (ONS)
Posted: 19/02/2025
The British Business Bank has agreed a further £100m increase to its existing facility with Oxbury Bank
Posted: 18/02/2025
The Financial Conduct Authority (FCA) has fined Mako Financial Markets Partnership £1.7m for failing to have effective controls that guard against financial crime
Posted: 18/02/2025
The total value of all homes across the UK now stands at £9.1trn, according to new research by Savills
Posted: 18/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Castle Trust Bank, Fleet Mortgages and LSL Financial Services
Posted: 18/02/2025
Mortgage and protection brokerage Access Financial Services has appointed West Brom Building Society to its mortgage panel
Posted: 18/02/2025
The Financial Conduct Authority (FCA) has charged a Hampshire-based independent financial adviser (IFA) with multiple criminal offences, including fraud by abuse of position and providing false or misleading information to the regulator
Posted: 18/02/2025
TMA Club has added newly launched specialist lender, ModaMortgages, to its lending panel
Posted: 18/02/2025
Black & White Bridging has completed its largest loan to date, totalling £8m, supporting the sales period for the second phase of the City Green development in Birmingham
Posted: 17/02/2025
More than half (54%) of UK adults are planning to adjust their retirement or estate planning in response to the Government’s inheritance tax (IHT) changes on pensions
Posted: 17/02/2025
The Deutz Retirement Benefits Plan has completed a £16m buy-in with Just, securing the benefits of 181 scheme members, including 70 deferred members and 111 pensioners
Posted: 17/02/2025
Movin Legal has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member
Posted: 17/02/2025
Legal & General Mortgage Club has launched a new digital mortgage solution, powered by Smartr365, to help deliver better outcomes for brokers and their customers
Posted: 17/02/2025
Today's round up of developments coming out of the consumer finance space, featuring bClear, Suffolk Building Society and Shawbrook
Posted: 17/02/2025
Mortgage Brain has partnered with the recently launched firm, ModaMortgages, to allow its intermediaries to access the lender’s buy-to-let (BTL) mortgage range
Posted: 17/02/2025
NatWest has beaten expectations in the fourth quarter of the year, capping off what analysts have described as a "strong year"
Posted: 14/02/2025
Benchmark Capital has reached an agreement to acquire Robertson Baxter for an undisclosed amount
Posted: 14/02/2025
Today's round up of developments coming out of the consumer finance space, featuring YBS Commercial Mortgages, Aegon UK and Precise
Posted: 14/02/2025
The number of first-time buyers stepping onto the property ladder totalled 341,068 last year, a figure up 19% compared to 2023, data from Halifax has shown
Posted: 14/02/2025
The Finning Pension Scheme has secured a £250m buy-in with Standard Life, covering the benefits of all 2,170 scheme members
Posted: 14/02/2025
Barclays has beaten expectations in its Q4 2024 financial results, with total income reaching £7bn
Posted: 14/02/2025
Santander UK has reported a 130% increase in mortgage applications in Q4 2024 compared to Q4 2023, with buyers rushing to secure a property purchase ahead of the Government’s stamp duty deadline
Posted: 13/02/2025
Movera has become the latest firm to join the Open Property Data Association (OPDA) to support the transformation of the homebuying process through the sharing of digital property information across the mortgage and property industries
Posted: 13/02/2025
The share of properties held by landlords within limited companies has more than doubled over the course of the last five years, with new purchases now almost exclusively bought within such structures, Foundation Home Loans has revealed
Posted: 13/02/2025
Lumin Wealth has announced the acquisition of Professional Financial Centre (PFC), a Berkhsire-based financial advice firm, for an undisclosed sum
Posted: 13/02/2025
Today's round up of developments coming out of the consumer finance space, featuring ModaMortgages, Pepper Money and CHL Mortgages for Intermediaries
Posted: 13/02/2025
Independent financial advisers (IFAs) are increasingly concerned about tax changes, according to Opinium’s latest IFA Barometer
Posted: 12/02/2025
OSB Group has become the latest firm to join the Financial Services Skills Commission (FSSC) as part of its focus on delivering customer-centred technology
Posted: 12/02/2025
Gross lending in the bridging market totalled £822.2m in 2024, according to the latest Bridging Trends data
Posted: 12/02/2025
The BAL section of the Tui Group UK Pension Trust has completed a £370m buy-in with Legal & General (L&G) Assurance Society, meaning that all section benefits are now fully secured.
Posted: 12/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Foundation Home Loans and Vida Bank
Posted: 12/02/2025
Fintel, the parent company of SimplyBiz and Defaqto, has announced that its joint CEO, Neil Stevens, has decided to step down from the role
Posted: 11/02/2025
The chief executive of the Building Societies Association (BSA) has written to Rachel Reeves calling on the Chancellor to keep the cash ISA
Posted: 11/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Fleet Mortgages and Paragon Bank
Posted: 11/02/2025
The number of mortgage searches made by first-time buyers (FTBs) fell by 10.4% in January to 292,890, Twenty7tec has revealed
Posted: 11/02/2025
Spring Finance has announced that its chief executive and owner, Andrew Bloom, has completed the acquisition of Masthaven Finance
Posted: 11/02/2025
ModaMortgages has been added to Mortgage Advice Bureau’s (MAB) panel
Posted: 11/02/2025
Three in 10 couples (31%) who are planning to marry in 2027 or beyond will use loans to fund their weddings, new research by Pepper Money has shown
Posted: 10/02/2025
Mortgage and protection brokerage Access Financial Services has joined the Equity Release Council
Posted: 10/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, MPowered Mortgages and TMA
Posted: 10/02/2025
Over two thirds (69%) of landlords planning to purchase a new buy-to-let (BTL) property will use a limited company structure, Paragon Bank has revealed
Posted: 10/02/2025
Positive Lending has been added to Paradigm’s panel of referral partners
Posted: 10/02/2025
Quilter Financial Planning has added four new appointed representative (AR) firms to its advice network
Posted: 07/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Linear Financial Solutions, Santander and United Trust Bank
Posted: 07/02/2025
Belleveue Mortlakes Chartered Surveyors has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member
Posted: 07/02/2025
The number of mortgages in arrears fell by 2% in the final quarter of 2024 compared to Q3, new figures published by UK Finance have revealed
Posted: 07/02/2025
The average house price in the UK reached a record high in January, jumping to £299,138, according to Halifax
Posted: 07/02/2025
Confidence among mortgage intermediaries in the outlook for the industry declined in Q4, according to findings from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 06/02/2025
St. James’s Place (SJP) has entered into a long-term partnership with digital advice platform, Dynamic Planner, to provide client risk profiling services
Posted: 06/02/2025
The Bank of England (BoE) has cut interest rates from 4.75% to 4.5% in its first decision on the base rate in 2025.
It marks the third cut to the base rate since the central bank started to bring interest rates down last August from a peak of 5.25%
It marks the third cut to the base rate since the central bank started to bring interest rates down last August from a peak of 5.25%
Posted: 06/02/2025
Market Financial Solutions has announced a new partnership with mortgage, protection and financial planning network, Rosemount Financial Solutions (IFA)
Posted: 06/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Hinckley & Rugby Building Society, Hodge and Linear Financial Solutions
Posted: 06/02/2025
Mortgage Brain has launched a new "all-in-one" fully integrated platform, Mortgage Brain Hub
Posted: 06/02/2025
A new inquiry by the Treasury Committee is to consider the potential impacts of the increased use of Artificial Intelligence (AI) in the financial services sector
Posted: 06/02/2025
A total of 152,700 estates will come into scope of inheritance tax (IHT) or face additional IHT liability if measures to include pensions in IHT calculations, as was announced in the Autumn Budget, come into effect, according to a freedom of information (FOI) request by Interactive Investor
Posted: 05/02/2025
AJ Bell has called on the Government to strengthen the appeal of the lifetime ISA, after the Treasury Committee’s call for evidence on the savings product closed yesterday
Posted: 05/02/2025
Mothers are 79% more likely to open a junior ISA (JISA) or ISA for their children, compared to fathers, Columbia Threadneedle has found
Posted: 05/02/2025
SMEs are not utilising their options when it comes to accessing alternative finance, new research from Time Finance has indicated
Posted: 05/02/2025
The number of searches for purchase mortgages fell by 7.87% year-on-year in January, "setting the tone for the year", Twenty7tec has said
Posted: 05/02/2025
An estimated 2.4 million fixed rate adult savings accounts are due to mature over the next three months, according to analysis from Paragon Bank
Posted: 05/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Offa, CHL Mortgages for Intermediaries and Black & White Bridging
Posted: 05/02/2025
Roma Finance has secured a new £100m funding line with NatWest
Posted: 04/02/2025
Glenhawk has launched a new structured real estate division, designed to provide lending solutions for larger, more complex short-term funding needs
Posted: 04/02/2025
Over four in five (82%) mortgage brokers have said they are now feeling "more positive" about the sector’s prospects compared to the start of 2024, Nottingham Building Society has found
Posted: 04/02/2025
The British Business Bank has agreed to support a senior facility of up to £100m provided by Paragon Bank to LE Capital
Posted: 04/02/2025
The Financial Conduct Authority (FCA) has secured a confiscation order of over £586,000 against convicted insider dealer, Mohammed Zina
Posted: 04/02/2025
There has been a “notable increase” in acquisitions among independent financial adviser (IFA) firms, a new study by Opinium has suggested, with 9% of firms having acquired other businesses as of December 2024
Posted: 04/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Movera, PEXA and Accord Mortgages
Posted: 04/02/2025
An estimated 1.1 million self-assessment tax returns were not sent to HMRC by the 31 January deadline, equating to 9.5% of expected returns
Posted: 03/02/2025
Brooks Macdonald has completed the acquisition of LIFT-Financial Group and LIFT-Invest
Posted: 03/02/2025
PMS Mortgage Club has announced the addition of specialist buy-to-let (BTL) and bridging lender Lendco to its panel
Posted: 03/02/2025
Specialist short-term lender Inspired Lending has joined the Bridging & Development Lenders Association (BDLA)
Posted: 03/02/2025
Lufthansa UK Pension Trustee Limited has secured a £120m agreement with Royal London, which insures Lufthansa Group’s three UK defined benefit (DB) pension schemes in one integrated transaction
Posted: 3/2/2025
Oxford Risk has called on financial firms to do more to make changes in investor behaviour, after Barclays estimated that 13 million UK adults hold £430bn of possible investments in cash savings
Posted: 03/02/2025
Today's round up of developments coming out of the consumer finance space, featuring Castle Trust Bank, The Right Mortgage & Protection Network and Countrywide Surveying Services
Posted: 03/02/2025
House prices in the UK reached an annual growth of 4.1% in January, slowing from an increase of 4.7% in December, Nationwide has found
Posted: 31/01/2025
The number of transactions for residential properties across the UK jumped by 15% year-on-year in December, according to new HMRC data
Posted: 31/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Dudley Building Society and Precise
Posted: 31/01/2025
Rosemount Financial Solutions (IFA) has announced that Atom bank has been added to its lender panel
Posted: 31/01/2025
The Colthrop Board Mill Pension Scheme has completed a £23m buy-in with Aviva, securing the benefits of 69 deferred members and 152 pensioners
Posted: 31/01/2025
Foresight Group has announced the acquisition of the trade and assets of WHEB Asset Management LLP (WHEB)
Posted: 30/01/2025
The gap between the best and worst paying annuities has increased in recent weeks, mirroring the rise in bond yields, Just Group has found
Posted: 30/01/2025
The 2025 sales market is off to a "stronger start" than in 2023 and 2024, Zoopla has stated
Posted: 30/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Black & White Bridging, Pepper Money and Atom bank
Posted: 30/01/2025
Sikoia has announced a new partnership with brokerage, Simple Financial Planning, to "transform broker workflows" through AI-driven automation and integration
Posted: 30/01/2025
Net borrowing of mortgage debt by individuals across the UK climbed by £1bn in December to £3.6bn, new Bank of England (BoE) figures have shown
Posted: 30/01/2025
Lending across the equity release sector totalled £622m in the final quarter of 2024, new figures released by the Equity Release Council have shown
Posted: 30/01/2025
Paragon Bank has selected Alfa to power its new commercial lending transformation programme
Posted: 29/01/2025
Almost a third (32%) of advisers have pointed towards the increased cost of doing business as their biggest challenge over the next one to two years, The Exeter has revealed
Posted: 29/01/2025
Firms must be “stamp duty ready” to avoid potential bottlenecks and maintain service levels, Target Group has warned
Posted: 29/01/2025
AJ Bell has reported year-on-year increases in both gross and net inflows across its investment platform in Q1
Posted: 29/01/2025
Higher-rate taxpayers could be missing out on additional pension wealth worth around £97,000 by not claiming additional tax relief via self-assessment tax returns, according to calculations by Interactive Investor
Posted: 29/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Nottingham Building Society, Landbay and United Trust Bank Mortgages
Posted: 29/01/2025
Saible has become the latest firm to join the Bridging & Development Lenders Association (BDLA) as an associate member
Posted: 29/01/2025
MoneyAge can announce that Chorley Building Society will be a sponsor at this year’s Mortgage Awards
Posted: 28/01/2025
Confidence in financial wellbeing is growing among the UK’s working population, according to new research by LV=
Posted: 28/01/2025
The Sanofi Pension Scheme has completed a £1.4bn buy-in with Legal & General (L&G) Assurance Society Limited, securing the benefits of 4,900 retirees and 5,600 deferred members
Posted: 28/01/2025
Today's round up of developments coming out of the consumer finance space, featuring Selina Finance, CHL Mortgages for Intermediaries and MPowered Mortgages
Posted: 28/01/2025
Over one in seven (15%) retirees are returning to work or are considering doing so in order to address financial pressures and a lack of pension provision, Standard Life has found
Posted: 28/01/2025
Evelyn Partners has entered into an agreement to sell its fund solutions business to Thesis Holdings Limited for an undisclosed sum.
The transaction remains subject to customary regulatory conditions and will complete in the first half of 2025
The transaction remains subject to customary regulatory conditions and will complete in the first half of 2025
Posted: 27/01/2025
The wealthiest 10% of households in Britain have the majority of their assets made up of net property wealth and private pension wealth, figures from the Office for National Statistics (ONS) have shown
Posted: 27/01/2025
Landlord optimism is "gently increasing", despite the reforms to Capital Gains Tax (CGT) in the October Budget and the potential impact of the Renter’s Reform Bill, Pegasus Insights has found
Posted: 27/01/2025
Quilter Financial Planning has adopted VouchedFor’s client survey system, Elevation, to support its network of advisers
Posted: 27/01/2025
Today's round up of developments coming out of the consumer finance space, featuring conveybuddy, Paragon Bank and LiveMore
Posted: 27/01/2025
More than half (51%) of over-55s are worried about running out of money and confused about their retirement income options, new research by Oxford Risk has indicated
Posted: 27/01/2025
CHL Mortgages for Intermediaries has partnered with Sesame Network, part of the Sesame
Bankhall Group
Bankhall Group
Posted: 27/01/2025
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
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
© 2019 Perspective Publishing Privacy & Cookies