Archive News

House prices across England and Wales finished 2020 with a 7.8% annual increase, the latest e.surv House Price Index has revealed
Posted: 18/01/2021
A potential hike in Capital Gains Tax (CGT) is likely to increase the rate of tax for investors and entrepreneurs looking to sell their companies and could lead to a “flurry of activity in Q1”, according to Foresight Group
Posted: 18/01/2021
Accord Mortgages has confirmed it is reverting its loan-to-income (LTI) cap to five times for those on an income of £60,000 and above
Posted: 18/01/2021
AJ Bell has urged the government to make its Lifetime ISA exit charge reduction permanent.

As part of the government’s emergency response to coronavirus last spring, the Treasury reduced the Lifetime ISA exit charge for 2020/21 from 25% to 20%
Posted: 18/01/2021
Cushon has announced it is launching the world’s first “net zero” pension fund
Posted: 18/01/2021
MCI Mortgage Club has announced that Swansea Building Society has joined its lending panel
Posted: 18/01/2021
Legal & General Mortgage Club has announced the addition of Habito as the latest buy-to-let (BTL) lender to join its panel
Posted: 18/01/2021
Mortgage searches relating to buyers with a “visa” was the number one criteria search among advisers in 2020, according to data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 15/01/2021
Countrywide Surveying Services has renewed its partnership with Santander through a contracted appointment to be the bank’s primary valuation provider
Posted: 15/01/2021
The UK’s GDP fell by 2.6% in November as the government’s lockdown restrictions reduced economic activity, new data from the Office for National Statistics (ONS) has revealed
Posted: 15/01/2021
Growth in the mortgage market is set to continue in 2021, despite the ongoing disruption of the COVID-19 pandemic, according to a new report by the Intermediary Mortgage Lenders Association (IMLA)
Posted: 15/01/2021
Online mortgage broker, Trussle, has urged self-employed mortgage applicants to make sure details and accounts are kept up-to-date, after suggesting they have to “jump through extra hoops” to get onto the property ladder
Posted: 14/01/2021
Brightstar Financial has partnered with Selina Finance to provide semi-exclusive distribution of the lender’s overdraft-style lending facilities
Posted: 14/01/2021
An estimated 310,000 jobs in hospitality and tourism could be lost if the Chancellor does not extend the VAT cut in his March Budget, according to new findings from the Cut Tourism VAT (CTV) Campaign
Posted: 14/01/2021
Sales activity is continuing to rise across the housing market but the latest lockdown restrictions and the end of the stamp duty holiday are to weigh on activity going forward, according to new RICS research
Posted: 14/01/2021
OpenMoney has warned that the FCA’s investment pathways will add “another layer of confusion” for people planning their retirement
Posted: 14/01/2021
eKeeper has launched a new product aimed towards financial institutions who manage relationships with intermediary and financial services related businesses
Posted: 14/01/2021
Fifty-four per cent of brokers and intermediaries have revealed that they undershot their 2020 business projections, according to a new study by United Trust Bank (UTB)
Posted: 14/01/2021
Shawbrook Bank has announced the appointment of VAS Group as its new panel manager
Posted: 13/01/2021
Quilter has launched a new online tool for reporting suspected impersonation scams
Posted: 13/01/2021
The FCA has announced proposals to extend its ban on repossessions until 1 April 2021
Posted: 13/01/2021
Ipswich Building Society has announced that it will now lend up to 5.5 times an individual’s income on mortgages where one applicant is earning over £75,000 per annum
Posted: 13/01/2021
Employee pension contributions towards workplace defined contribution (DC) schemes fell by 11% between the first and second quarters of 2020, as the impact of coronavirus struck the UK
Posted: 13/01/2021
Eighty-one per cent of advisers reported a spike in mortgage demand last year due to the stamp duty holiday, according to a survey by Guardian
Posted: 13/01/2021
Mortgage Broker Tools (MBT) has launched a new platform to give lenders live insights into the affordability environment
Posted: 13/01/2021
Collapses in agreed house sales have reached record highs as the deadline for the temporary suspension to Stamp Duty Land Tax (SDLT) approaches, according to Cornerstone Tax
Posted: 12/01/2021
Mortgage Brain has announced Pepper Money as the latest lender to go live on its affordability-based sourcing system, Affordability Hub
Posted: 12/01/2021
Masthaven Bank has announced a new partnership with PRIMIS Mortgage Network
Posted: 12/01/2021
Sixty-eight per cent of credit card holders do not know what an Annual Percentage Rate (APR) is, research from KIS Finance has found
Posted: 12/01/2021
Greymax Capital has become the latest lender to join the Association of Short Term Lenders (ASTL)
Posted: 12/01/2021
The first quarter of 2021 is expected to see a return to pre-pandemic levels of second charge lending volumes, according to research by Loans Warehouse
Posted: 12/01/2021
Pure Retirement has confirmed that it has signed a new contract with Phoebus Software Limited
Posted: 12/01/2021
Up to £800m in pensions and investments assets could be unlocked following a major expansion of the UK’s ‘Dormant Assets Scheme’, the government has confirmed
Posted: 11/01/2021
Castle Trust Bank has become the latest lender to join the Mortgage Market Alliance (MMA) as a founder member
Posted: 11/01/2021
The FCA has issued a warning to retail consumers over investing in cryptoassets that promise high returns
Posted: 11/01/2021
Mortgage technology expert, Twenty7Tec, has recorded a drop in mortgage market activity for the first week of the year
Posted: 11/01/2021
A new sustainably driven investment house, OnePlanetCapital, has launched a specialist sustainability EIS Fund to invest in businesses tackling climate change
Posted: 11/01/2021
Too many wealth advisers view risk profiling as an “unnecessary box-ticking exercise” which is leading to poor client outcomes, according to research by Oxford Risk
Posted: 11/01/2021
MagiClick has announced the acquisition of Dock9 as part of a strategy to grow the financial services technology and digital experience agency across Europe
Posted: 11/01/2021
A consistent policy for the repayment or recovery of Business Bounce Back Loans (BBLs) could return £6bn to the Exchequer, according to the Credit Services Association (CSA)
Posted: 08/01/2021
Fleet Mortgages has announced it is making several price cuts across its five-year fixed rate mortgage range
Posted: 08/01/2021
Roma Finance has become the latest founder member to join the Mortgage Market Alliance (MMA)
Posted: 08/01/2021
UK house prices were 0.2% higher in December than they were in November as they ended 2020 at a record high, according to the latest Halifax House Price Index
Posted: 08/01/2021
Kuflink has announced that its platform has just passed the £100m mark as new investment levels continue to accelerate
Posted: 07/01/2021
Details from 35 residential lenders and 38 buy-to-let lenders are now included in Mortgage Brain’s lender service level report
Posted: 07/01/2021
Millions of leaseholders are to be given the right to extend their lease by a maximum term of 990 years at zero ground rent, Housing Secretary Robert Jenrick has announced
Posted: 07/01/2021
There are 4,000 financial services firms currently at risk of failure, according to research carried out by the FCA
Posted: 07/01/2021
Gross lending to SMEs in the first three quarters of 2020 reached £54bn and amounted to more than double the annual total for 2019, new UK Finance data has revealed
Posted: 07/01/2021
The biggest change in criteria search terms by brokers was registered in the second charge mortgage market during December, according to new data from Knowledge Bank
Posted: 07/01/2021
One in three adults under the age of 40 are saving to buy their first home and get a foot on the property ladder, but research from Cushon has found that less than half (44.1%) are taking advantage of top up bonuses offered by the government
Posted: 07/01/2021
One in eight people do not know how many old workplace pension pots they have, according to a poll carried out by interactive investor
Posted: 06/01/2021
Over half (58%) of introducers believe the equity release referral market is set for continuing expansion over the next three to five years, according to new research published by Key Partnerships
Posted: 06/01/2021
Savers currently have £1.5trn in cash stashed away in bank accounts in the UK, the biggest cash pile on record, according to findings from Janus Henderson Investors
Posted: 06/01/2021
The Work and Pensions Select Committee’s industry cooperation to tackle pension fraud has been welcomed by Canada Life
Posted: 06/01/2021
eKeeper has launched a new customer relationship management (CRM) system for lenders, named Intermediary Manager
Posted: 06/01/2021
The Intermediary Mortgage Lenders Association (IMLA) has joined a growing list of voices from the mortgage market calling for the government to take action on the looming stamp duty holiday
Posted: 06/01/2021
Market Financial Solutions (MFS) deployed £22m worth of bridging loans in December, to sign off from 2020 with one of its strongest years on record
Posted: 06/01/2021
SmartSearch has warned that businesses in the property sector need to be aware of the increased threat of fraud as the country enters another nationwide lockdown
Posted: 05/01/2021
Cornerstone Tax has called on the government to extend the stamp duty holiday following the Prime Minister’s announcement that England is heading back into a full nationwide lockdown
Posted: 05/01/2021
Thirty-nine per cent of UK adults are concerned about maintaining their current credit arrangements, according to new findings from Shawbrook Bank’s personal loan division
Posted: 05/01/2021
Just Mortgages has announced the launch of a new wealth division, Just Wealth
Posted: 05/01/2021
Forty per cent of professional investors are expecting the cost of obtaining information and monitoring small and micro-caps to increase over the next three years, as they receive less attention from brokers and analysts
Posted: 05/01/2021
There are indications of a “strong recovery” in the outlook for the remortgage market, even when compared with pre-COVID-19 performance, according to the latest Remortgage Healthcheck Index published by LMS
Posted: 05/01/2021
Rishi Sunak has announced that £4.6bn in new lockdown grants will be made available to UK businesses
Posted: 05/01/2021
Divorce was the second biggest cause of a derailment to retirement plans after personal illness last year, according to research by interactive investor
Posted: 04/01/2021
The wealthiest 1% of UK households has almost £800bn more wealth than official statistics show, according to new research by Resolution Foundation
Posted: 04/01/2021
OpenMoney has announced a four-year contract with credit reference agency, Equifax, so that it can provide free credit report services to customers
Posted: 04/01/2021
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies finished 2020 at £70bn, data from Mercer has confirmed
Posted: 04/01/2021
A new “credit squeeze and funding gap” could affect UK businesses in 2021, as firms move from survival to recovery over the next 12 months, a report from Rangewell has warned
Posted: 04/01/2021
The mortgage market saw the number of approvals for house purchase climb from 98,300 in October to 105,000 in November, the highest number of approvals since August 2007
Posted: 04/01/2021
Financial advisers have revealed the greatest operational challenge they face to their profitability in 2021 will be having fewer new clients approaching them this year
Posted: 04/01/2021
An independent report into the Financial Conduct Authority’s (FCA) regulation and supervision of London Capital & Finance (LCF) has been published
Posted: 18/12/2020
Investment in stocks and shares ISAs by older investors in the UK continues to rise sharply following a slow start to the year, but contributions from younger savers has fallen by 31% quarter-on-quarter as they pulled back from the market during Q3 2020, new research from Scottish Friendly’s Investor Index has revealed
Posted: 18/12/2020
The Chancellor of the Exchequer, Rishi Sunak, has announced that the government will publish the Budget on 3 March 2021
Posted: 18/12/2020
more2life has announced the launch of its latest lifetime mortgage, Capital Choice Ultra Lite
Posted: 18/12/2020
The upcoming March deadline to the stamp duty holiday is already causing significant congestion in the housing market, leading trade bodies have warned, and it is now likely that many cases will not be completed leading to calls for the government to extend the cut-off date
Posted: 18/12/2020
Chancellor Rishi Sunak has extended the furlough scheme for one month until the end of April 2021
Posted: 17/12/2020
The Bank of England (BoE) has left the base rate unchanged at 0.1%
Posted: 17/12/2020
The Financial Ombudsman Service (FOS) received 40% more complaints in the first six months of the year than originally forecast
Posted: 17/12/2020
Specialist lender Together has raised the maximum loan-to-value to 70% across its first and second charge mortgage products
Posted: 17/12/2020
Vernon Building Society has relaunched its mortgage range to brokers, featuring a wide range of mainstream and specialist lending solutions
Posted: 17/12/2020
The proportion of contactless payments continued to increase in September to reach its highest recorded level, accounting for 64% of all debit card transactions, compared to 62% in August
Posted: 16/12/2020
The government has launched a consultation on the options to increase the general levy on occupational and personal pension schemes, including plans to restructure the levy
Posted: 16/12/2020
PIMFA has called for immediate action to reduce the cost of the Financial Services Compensation Scheme (FSCS) to firms while much needed reform takes place
Posted: 16/12/2020
The average house price increased by 5.4% this year, according to latest ONS figures
Posted: 16/12/2020
The UK's inflation rate fell dramatically to 0.3% in November from 0.7% in October, official figures have shown
Posted: 16/12/2020
Almost three quarters (71%) of mortgage brokers have said they are confident about the broker market in 2021, remaining high from the sentiment displayed in 2020 (77%)
Posted: 16/12/2020
Almost three quarters of financial advisers (72%) expect the value of the equity release market to grow next year, with a fifth thinking it could increase to more than £6bn in value
Posted: 15/12/2020
Tilney Smith & Williamson has announced that it will stop applying VAT on the group’s Managed Portfolio Service propositions
Posted: 15/12/2020
The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Limited (Barclays) £26m for failures in relation to their treatment of consumer credit customers who fell into arrears or experienced financial difficulties
Posted: 15/12/2020
LV= has agreed to a £530m acquisition of its savings & retirement and protection businesses with Bain Capital Credit
Posted: 15/12/2020
Fleet Mortgages has announced a number of criteria changes designed to provide greater flexibility to landlords
Posted: 15/12/2020
The Office for Budget Responsibility (OBR) has predicted that the number of estates subject to Inheritance Tax (IHT) will rise to 30,400 in 2020/21, up from 25,200 in 2019/20
Posted: 14/12/2020
The FCA is seeking views on its proposed rules to introduce the UK Investment Firm Prudential Regime (IFPR) for FCA prudentially-regulated investment firms (FCA investment firms)
Posted: 14/12/2020
Prospective retirees over 50 are facing a “ticking time bomb” in retirement, with 66% having made either no firm plans or no plans at all for their retirement finances, according to industry research
Posted: 14/12/2020
The number of searches made by financial advisers looking at furlough-friendly mortgages has increased by 230%
Posted: 14/12/2020
The UK banking system remains “resilient” to a wide range of possible economic outcomes, according to a report from the Financial Policy Committee (FPC) at the Bank of England (BoE)
Posted: 11/12/2020
When you start planning your retirement, it may be the lifestyle you’re focused on. But if you don’t include life expectancy there’s a risk you could spend too much too soon
Posted: 11/12/2020
House prices across England and Wales increased by 1% on average between October and November, according to the latest e.surv House Price Index
Posted: 11/12/2020
The equity release referrals market has remained “robust” despite the impact of coronavirus, recording just a 1% year-on-year fall in the number of new introducers signing up each month, according to analysis by Key Group
Posted: 11/12/2020
More homeowners are moving to a new home than remortgaging on their current home, new data from Trussle has revealed
Posted: 11/12/2020
British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has announced a £25m commitment to asset finance specialist, Haydock Finance
Posted: 11/12/2020
The FCA has confirmed proposals to permanently ban the mass marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors
Posted: 10/12/2020
The affordability gap dropped to a record low of 15% in November, according to data from the latest MBT Affordability Index
Posted: 10/12/2020
Seventy-eight per cent of adults in the UK do not have an ISA and are potentially missing out on £20,000 in tax free savings every year, according to analysis by Cushon
Posted: 10/12/2020
The FCA has issued a £107,200 fine to independent financial advice firm, LJ Financial Planning (LJFP), for providing its customers with unsuitable pension switching and transfer advice.
Posted: 10/12/2020
SmartSearch has announced the launch of a new business-owner verification solution in a bid to counter a spike in scams involving fake businesses
Posted: 10/12/2020
‘Furloughed workers’ and ‘Soft footprint at Decision in Principal (DiP) stage’ were among the top five searched criteria by mortgage brokers in November, according to Knowledge Bank’s latest monthly criteria index
Posted: 10/12/2020
more2life has launched an exclusive partnership with Brilliant Solutions, whose mortgage club members will now be able to access the equity release lender’s products
Posted: 10/12/2020
The second charge mortgage market saw an annual drop of 43% in October, falling to £68m worth of new business, new figures from the Finance & Leasing Association (FLA) have revealed
Posted: 09/12/2020
A rise in Capital Gains Tax (CGT) could wipe almost £2bn from the Greater London economy, a real estate investment firm has warned
Posted: 09/12/2020
Mansfield Building Society has launched an online buy-to-let (BTL) calculator to help landlords and mortgage intermediaries check affordability against the society’s rental income requirements
Posted: 09/12/2020
Accord Buy To Let has announced it is reducing several rates and will be improving its incentive offerings on selected products across its range
Posted: 09/12/2020
A group of seven signatories to the voluntary Authorised Push Payment (APP) Contingent Reimbursement Code have agreed to extend the interim funding to compensate eligible victims of APP scams
Posted: 09/12/2020
The SimplyBiz Group has announced a partnership with Kuber to provide an outsourced tax-efficient investment advice service for its members
Posted: 09/12/2020
Vernon Building Society has announced a new partnership with Dynamo for Intermediaries
Posted: 09/12/2020
Market Financial Solutions (MFS) has announced it recorded £45m worth of bridging loans during the second national lockdown
Posted: 08/12/2020
Mortgage Brain has announced LiveMore Capital as the latest lender to join its criteria-based sourcing solution, Criteria Hub
Posted: 08/12/2020
Buckinghamshire Building Society has announced it is temporarily suspending new Decisions In Principles (DiPs)
Posted: 08/12/2020
The value of new mortgage commitments across the UK reached £78.9bn in the third quarter, a 6.8% increase from a year earlier and the highest level since 2007 Q3, new Bank of England (BoE) statistics have revealed
Posted: 08/12/2020
VitalityLife is delighted to have won the ‘Best Life Assurance’ award at the Mortgage Awards 2020
Posted: 08/12/2020
Nationwide has announced it is reducing rates by 0.15% on its two-year fixed and tracker rate mortgage products at 85% LTV
Posted: 08/12/2020
Specialist financial services regulatory consultancy, Bovill, has announced a new strategic partnership with software provider, Grath
Posted: 08/12/2020
The total volume of secured lending reached £80m during November, a £9m increase on October, according to the latest Secured Loan Index by Secured Loan Broker and Loans Warehouse
Posted: 08/12/2020
UK investors are prioritising security over returns as they plan their investment strategies for 2021, according to new research by Butterfield Mortgages Limited (BML)
Posted: 07/12/2020
Shawbrook Bank has announced it is providing funding support for Momentum Finance, a new bridging and development finance lender that launched during the coronavirus pandemic
Posted: 07/12/2020
Seventy-two per cent of independent financial advisers have left their clients’ asset allocations the same throughout the volatility caused by coronavirus
Posted: 07/12/2020
TMA Club has announced the launch of two new compliance packages to support directly authorised (DA) advisers with regulatory requirements
Posted: 07/12/2020
Landlords are feeling “abandoned” by the government during the COVID-19 pandemic, a study from The Mortgage Lender (TML) has revealed
Posted: 07/12/2020
UK house prices in November were 1.2% higher than in October, according to the latest Halifax House Price Index
Posted: 07/12/2020
A savings investment gap has opened up over the last decade, according to Charles Stanley Direct, with savers opting for cash savings but receiving an average 94% lower returns than investors
Posted: 07/12/2020
Landbay has announced it is increasing its buy-to-let (BTL) LTV from 75% to 80% with the launch of two new BTL products
Posted: 07/12/2020
The MCI mortgage club has announced the addition of more2life to its later life lending panel
Posted: 07/12/2020
Avamore Capital has completed two exit bridges for the same borrower and broker within a month, with both deals at 70% LTV equating to around £1.2m
Posted: 04/12/2020
Rock-bottom interest rates mean the majority of cash accounts are losing value in real terms, according to analysis by Equiniti Group (EQ)
Posted: 04/12/2020
In the first three quarters of 2020, older homeowners used their property wealth to gift £530m to family and friends, new analysis from Key has revealed
Posted: 04/12/2020
While the UK economy has now recovered some of the lost output from the Q2 lockdown, many households are still feeling the major financial and social disruptions caused by the pandemic, according to UK Finance
Posted: 04/12/2020
Twenty7Tec has revealed that mortgage searches were at just under 80% of the year’s high on a seven-day rolling period last week
Posted: 04/12/2020
There were 127,000 mortgage payment deferrals in place in mid-November, a significant fall in customers seeking this form of support from June’s peak of 1.8 million, according to new UK Finance statistics
Posted: 04/12/2020
The FCA has published an evaluation of the impact of the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR)
Posted: 03/12/2020
First-time buyers are putting down larger deposits in order to get onto the property ladder, according to data from Mortgage Advice Bureau (MAB)
Posted: 03/12/2020
The Association of Mortgage Intermediaries (AMI) has announced Coreco Mortgages managing director, Andrew Montlake, as the Board’s new chair
Posted: 03/12/2020
West One Loans has announced a rebrand as well as the launch of a new proposition
Posted: 03/12/2020
The balance of easy access accounts earning a rate of 0.1% or less has almost tripled since January, according to new analysis by Paragon Bank, with 56% of easy access balances now earning a low rate
Posted: 03/12/2020
November saw mortgage search volumes fell by 12.1% compared to the previous month, new data released by Twenty7Tec has revealed
Posted: 03/12/2020
Key Group has announced the launch of a new leadership academy programme for its people managers
Posted: 03/12/2020
Eighty-three per cent of advisers are expecting changes to Capital Gains Tax (CGT) at the next Budget, according to a study by Canada Life
Posted: 03/12/2020
The cost of borrowing for low deposits has increased substantially across all mortgage types over the last 12 months, according to new analysis from Mortgage Brain
Posted: 02/12/2020
Haysto, a new mortgage broker platform, has announced its launch to the market and will specifically target the self-employed and those with a bad credit rating
Posted: 02/12/2020
A total 493 companies listed on the London Stock Exchange have cancelled, cut, or suspended dividend payments between 1 January 2020 and 23 November, new analysis from GraniteShares has revealed
Posted: 02/12/2020
One in eight UK adults (13%) over the age of 55 who expect to retire in the future are planning to delay their retirement due to the coronavirus pandemic, according to a study by Smart
Posted: 02/12/2020
Crystal Specialist Finance (CSF) and Together have announced the completion of a developer’s purchase and redevelopment of a £700,000 commercial site in Birmingham in just four weeks
Posted: 02/12/2020
West One has launched an initiative to support the ‘Bank of Mum and Dad’ via its second charge mortgage range
Posted: 02/12/2020
The FCA has reminded financial firms across the UK to be ready for the end of the transition period in one month’s time
Posted: 01/12/2020
Bridging applications climbed to their highest ever level in the third quarter of 2020, new figures have revealed
Posted: 01/12/2020
More SMEs are increasingly looking ahead to the future, according to the latest SME Finance Monitor published by BVA BDRC
Posted: 01/12/2020
SimplyBiz Group has announced the addition of P&B Wealth to its defined benefit (DB) pension transfer referral panel
Posted: 01/12/2020
Annual house price growth increased to 6.5% during November, the highest rate of growth since January 2015, according to new data from Nationwide
Posted: 01/12/2020
Virgin Money has announced a new API integration with mortgage technology expert, Twenty7tec
Posted: 01/12/2020
Fiduciam has announced that it has completed more than £22m of loans to house builders under the Coronavirus Business Interruption Loan Scheme (CBILS) in the past month
Posted: 01/12/2020
LMS has announced it is enhancing its partnership with LiveMore Capital, who will become the latest UK mortgage lender to use its Panel Link service
Posted: 30/11/2020
Around £115bn is currently sitting in cash ISAs where the rate of return is unknown, according to new research from Quilter
Posted: 30/11/2020
Air Mortgage Club has announced the launch of a new “Large Case Concierge Service” for advisers
Posted: 30/11/2020
Homeowners across the UK could be entitled to claim stamp duty refunds worth thousands of pounds from HMRC, Cornerstone Tax has revealed
Posted: 30/11/2020
The Mortgage Lender (TML) has announced it is joining the PRIMIS Mortgage Network panel
Posted: 30/11/2020
MCI Club has reported a “significant drop” in mortgage completions, with only 22% of purchases completing in July, August, and September
Posted: 30/11/2020
The number of mortgage approvals for house purchases across the UK continued to increase in October, climbing to 97,500 from 92,100 in September
Posted: 30/11/2020
TMA Club has announced a new partnership with Loughborough Building Society as it continues to develop its proposition for Directly Authorised (DA) firms
Posted: 30/11/2020
The number of prospective home buyers reached an average of 451 per estate agent branch in October, according to data from NAEA Propertymark, the highest ever figure it has recorded for the month of October since records began
Posted: 27/11/2020
The government’s Help to Build scheme will provide a major boost to the emerging custom build sector in the UK, according to BuildStore
Posted: 27/11/2020
The Conveyancing Association (CA) has launched a revised fifth version of its Cyberfraud and Fraud Protocol
Posted: 27/11/2020
Nationwide has announced it is making 90% LTV loans available for house purchase and for existing mortgage members looking to move home
Posted: 27/11/2020
Weekly mortgage search volumes are currently at 83.89% of the year’s highest figure, down 3.9% on the week before, the latest data from Twenty7Tec has revealed
Posted: 26/11/2020
SDL Surveying has announced that its level of business volume activity throughout October and November has shown “no signs of slowing”, despite increased lockdown measures
Posted: 26/11/2020
Increasing house prices may mean that the Bank of Mum and Dad can no longer bridge the affordability gap for first-time buyers, according to new research from Trussle
Posted: 26/11/2020
LiveMore Capital has announced the launch of a partnership with PRIMIS Mortgage Network with immediate effect
Posted: 26/11/2020
Just Mortgages has announced that it has received more than 750 applications for its broker academy
Posted: 26/11/2020
The Financial Services Compensation Scheme (FSCS) has announced that it will require £92m of additional funding in the form of a supplementary levy
Posted: 25/11/2020
The Chancellor unveiled the government’s spending plans for the coming year in the House of Commons today
Posted: 25/11/2020
The Chancellor has announced that the UK is forecast to borrow £394bn this year, a figure equivalent to 19% of the UK GDP
Posted: 25/11/2020
The proportion of homeowners over the age of 55 who are worried about running out of money in retirement has jumped to 34%, up from 27% a year ago
Posted: 25/11/2020
Gateway Surveyors has announced that it is to take on the panel management of Earl Shilton Building Society (ESBS)
Posted: 25/11/2020
The first quarter of 2021 is set to experience a “property uplift”, with 100,000 additional sales expected to complete before the end of March, according to new analysis by Zoopla
Posted: 25/11/2020
The MCI mortgage club has announced it is launching its own branded version of Air Sourcing
Posted: 25/11/2020
The new Help to Buy scheme will be “essential” for first-time buyers, with fewer high LTV mortgage products on the market, according to Trussle
Posted: 24/11/2020
Building societies held outstanding mortgage balances of £338bn at the end of the third quarter, a figure worth 23% of the market share, according to new data from the Building Societies Association (BSA)
Posted: 24/11/2020
HMRC must address barriers that are stopping people from meeting their loan charge obligations, the Low Incomes Tax Reform Group (LITRG) has warned
Posted: 24/11/2020
Lendlord has announced the launch of its new Finance Hub to deliver automated finance recommendations to landlords, based on their own personal circumstances and portfolio profile
Posted: 24/11/2020
Terrafirma has announced the launch of a new risk assessment model, the National Ground Risk Model (NGRM): Climate
Posted: 24/11/2020
There were 105,630 residential transactions across the UK during October, according to the provisional seasonally adjusted estimate from HMRC
Posted: 24/11/2020
Dynamo for Intermediaries has announced the addition of Roma Finance to its panel
Posted: 23/11/2020
The FCA has issued a £3.44m fine to FX options broker, TFS-ICAP, for communicating misleading information to clients
Posted: 23/11/2020
A surge in property sales following the end of the first lockdown in June has pushed the average house price in Wales up by 3% annually.
Posted: 23/11/2020
Aspen Bridging has announced the completion of a 10-day loan worth £750,000 at 75% LTV
Posted: 23/11/2020
Bluestone Mortgages has announced it is returning to its pre-pandemic maximum LTV lending on all products in its residential and buy-to-let (BTL) ranges
Posted: 23/11/2020
Just Mortgages has announced it is launching a new wealth division, Just Wealth, in January
Posted: 23/11/2020
Landbay has announced that it recorded a 5,520% increase in its revenue from 2016 to 2020, having lent over £0.6bn during that period
Posted: 23/11/2020
The total number of Stamp Duty Land Tax (SDLT) transactions in the third quarter was 68% higher than in Q2 2020, new HMRC has data revealed
Posted: 20/11/2020
Yorkshire Building Society (YBS) has announced the appointment of Jeremy Duncombe as managing director of its intermediary brand, Accord Mortgages, from 1 January 2021
Posted: 20/11/2020
Eighty-four per cent of equity release advisers believe recognising vulnerable clients is one of their biggest priorities, according to a new study by more2life, although just 12% believe it is easy to identify these clients
Posted: 20/11/2020
Click2Check has announced GHL Direct as the latest advisory firm to sign up for its Credit Assess product
Posted: 20/11/2020
The Nottingham has confirmed its return to full mortgage distribution across its broker network
Posted: 20/11/2020
The FCA has confirmed the updated guidance it is providing firms about offering support to consumer credit customers who are experiencing payment difficulties resulting from COVID-19
Posted: 19/11/2020
Conveyancing volumes saw a 105% increase in the third quarter of the year as the conveyancing market “regained its footing”, according to Search Acumen
Posted: 19/11/2020
There have been 367,520 reports of phishing email attacks during 2020, according to HMRC, with figures indicating a sharp rise in incidents after the UK went into its first lockdown in March
Posted: 19/11/2020
Weekly mortgage searches were at 87.33% of the year’s highest figure last week, having dropped by 0.5% from the week before, according to the latest analysis from Twenty7Tec
Posted: 19/11/2020
Optimum Commercial has announced the addition of Roma Finance to its new Optimum Elite panel
Posted: 19/11/2020
The MCI Club has announced the appointment of Legal & General Home Finance to its panel
Posted: 19/11/2020
The majority of UK investors are worried the government’s handling of COVID-19 and Brexit will have a negative impact on the economy, according to new research from FJP Investment
Posted: 18/11/2020
The coronavirus pandemic has created a “window of opportunity” for fraudsters, according to anti-money laundering (AML) firm, SmartSearch
Posted: 18/11/2020
Paragon’s Derek Sprawling explains why Cash ISAs should not be overlooked as part of a resilient portfolio
Posted: 18/11/2020
Almost four out of 10 financial advisers have reported a fall in the number of new clients trying to engage their services since the beginning of the coronavirus pandemic
Posted: 18/11/2020
UK average house prices saw an annual increase of 4.7% over the year to September 2020, new data published by the Office for National Statistics (ONS) has revealed
Posted: 18/11/2020
The third quarter saw £884m of property wealth released from homes as the equity release market returned to “more normal” trading conditions, according to new data from Key
Posted: 18/11/2020
Landbay has launched two new buy-to-let (BTL) products with loan sizes of up to £2m, increasing its maximum loan size from £1.5m
Posted: 18/11/2020
Connect for Intermediaries has announced the appointment of specialist protection adviser, Umbrella Protect, to its panel
Posted: 18/11/2020
Accord Mortgages has announced it is reintroducing a selection of 90% LTV products into its core range
Posted: 17/11/2020
First-time buyers interested in new-build homes will be able to apply for the new Help to Buy: Equity Loan scheme from Wednesday 16 December 2020, Homes England has confirmed
Posted: 17/11/2020
iPipeline has announced that Cirencester Friendly has adopted its AlphaTrust e-sign and document process automation solution
Posted: 17/11/2020
The number of contactless debit card payments reached their highest level in August, accounting for 62% of all debit card transactions, new data published by UK Finance has revealed
Posted: 17/11/2020
The FCA has confirmed its guidance for firms over providing support to mortgage borrowers who are experiencing payment difficulties as a result of the coronavirus crisis
Posted: 17/11/2020
Mortgage Engine has announced a new connection with online mortgage broker, Mojo Mortgages
Posted: 17/11/2020
Landbay has closed a new funding deal with an asset manager which is aiming to fund in excess of £300m per year of Landbay originated mortgages
Posted: 17/11/2020
Fifty-one per cent of UK adults would consider the housing crisis to be one of the main issues facing the UK, according to new research by Market Financial Solutions (MFS)
Posted: 16/11/2020
More than half (52%) of IFAs have seen a marked increase in out of hours contact with clients in the wake of COVID-19, according to new research from Charles Stanley
Posted: 16/11/2020
Mortgage Magic has enhanced its offering by adding a facility to send DIPs and applications directly to every lender in the UK
Posted: 16/11/2020
People who take financial advice are better off in retirement by an average £47,000 than people who don’t take advice, a new report has found
Posted: 16/11/2020
A total £5bn worth of property deposits is currently in limbo as first-time buyers “struggle to navigate” the housing market, according to research from Trussle
Posted: 16/11/2020
Consumer complaints against firms for misadvised defined benefit (DB) transfers saw a 26% increase from 441 in 2018 to 554 in 2019, according to research from Duff & Phelps
Posted: 16/11/2020
Paradigm Mortgage Services has added Leek United Building Society to its lender panel
Posted: 16/11/2020
Mortgage Brain is the leading provider of technology to the mortgage industry, developing and delivering the best software solutions for mortgage intermediaries since 1986. Its suite of products provides advisers with an end-to-end journey from sourcing to conveyancing.
Posted: 13/11/2020
A review of the capital gains tax (CGT) regime by the Office of Tax Simplification (OTS) has failed to acknowledge how CGT affects unrepresented taxpayers, according to the Low Incomes Tax Reform Group (LITRG)
Posted: 13/11/2020
The highest rental turnover that UK landlords should invest in the buy-to-let (BTL) market is in the £901 to £1,200 rental price threshold, according to new analysis by Howsy
Posted: 13/11/2020
Specialist lender, Together, has announced a partnership with Nivo to launch a new mobile phone app
Posted: 13/11/2020
Strong demand in the mortgage market has helped keep sustained intermediary confidence during the third quarter of 2020, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 13/11/2020
First 4 Bridging (F4B) has launched a free 24-hour case checker initiative
Posted: 13/11/2020
Over 2.6 million mortgage payment deferrals have been approved to date since March, with just under 140,000 still in place at the end of October, according to new data published by UK Finance
Posted: 12/11/2020
Thirty per cent of people over the age of 60 have never taken financial advice, a new study from Kreston Reeves has revealed
Posted: 12/11/2020
United Trust Bank (UTB) has announced it is increasing the maximum LTV available on its range of first and second charge residential mortgage products to 80%
Posted: 12/11/2020
Remortgage instruction volumes in the UK increased by 11% during October, according to new data from LMS
Posted: 12/11/2020
Twenty7Tec has reported a drop-off in the volume of mortgage searches in the week after the UK entered a second national lockdown
Posted: 12/11/2020
UK gross domestic product (GDP) is estimated to have grown by a record 15.5% during the third quarter of 2020 as lockdown measures eased, the Office for National Statistics (ONS) has revealed
Posted: 12/11/2020
Interest among overseas buyers has continued to be a driving force behind activity in the UK mortgage market during October, according to new analysis from Legal & General Mortgage Club
Posted: 12/11/2020
TMA Club has announced the addition of Pure Retirement to its later life lending panel
Posted: 12/11/2020
more2life has created a new director of operations role and announced the promotion of Steve Dodd, formally head of operations, to fill the position
Posted: 11/11/2020
Shawbrook Bank has completed a £1.18m developer exit bridging loan for a property developer seeking short-term funding to support their next project
Posted: 11/11/2020
Seventy-six per cent of advisers have revealed that clients are more willing to discuss protection than before the pandemic, according to new findings from protection challenger, Guardian
Posted: 11/11/2020
Kuflink has announced that its new investment levels have recovered to pre-pandemic levels as the platform approaches a new high of £95m
Posted: 11/11/2020
Average house prices in England and Wales saw a monthly increase of 0.9% in October, according to the latest e.surv House Price Index
Posted: 11/11/2020
Taxpayers face losing up to £26bn due to fraudulent applications to the government’s coronavirus loan schemes, as well as an inability to pay the money back
Posted: 10/11/2020
The UK unemployment rate hit 4.8% in the three months to September, according to new data published by the Office for National Statistics (ONS)
Posted: 10/11/2020
Air Group has announced its first equity release provider ‘Temperature Check’, focusing on a number of key service measures as experienced by advisers
Posted: 10/11/2020
The value of ATM withdrawals in the UK during the second quarter of 2020 dropped to £22.09bn, according to new data from payments expert, Wallter
Posted: 10/11/2020
Thirty-two per cent of financial advisers and wealth managers have indicated that over half of their clients have seen a decline in incomes generated by their investments
Posted: 09/11/2020
Complete FS has announced it is working with Roma Finance to offer a new buy-to-let (BTL) exclusive product
Posted: 09/11/2020
The Financial Ombudsman Service (FOS) has revealed that it received 68,735 new complaints during the second quarter
Posted: 09/11/2020
The Mortgage Lender (TML) has announced it is releasing a special edition £30m five-year fixed rate buy-to-let (BTL) tranche
Posted: 09/11/2020
TMA Club has urged advisers who aren’t doing so already to start using digital tools that can help them keep on top of changes to their clients’ mortgage policies amid the coronavirus crisis
Posted: 09/11/2020
Click2Check has announced a new partnership with cyber security firm, Beyond Encryption, to utilise its secure email solution, Mailock
Posted: 09/11/2020
Thirty-nine per cent of mortgage holders have never used a broker, according to research from Boon Brokers
Posted: 06/11/2020
Eighty-two per cent of decision makers in accountancy are now using automation as part of their anti-money laundering (AML) checks, research from SmartSearch has found
Posted: 06/11/2020
Principality Building Society has pledged that it will not repossess homes across its business until 30 June 2021
Posted: 06/11/2020
House prices in October were 7.5% higher than in the same month a year ago, according to data from the latest Halifax House Price Index
Posted: 06/11/2020
Legal & General has launched a new mortgage criteria search tool and affordability calculator, SmartrFit
Posted: 06/11/2020
The government has announced that the Coronavirus Job Retention Scheme is being extended to the end of March 2021
Posted: 05/11/2020
Metro Bank has announced it is changing its criteria for buy-to-let (BTL) lending
Posted: 05/11/2020
The Mortgage Awards 2021 is now open for entries to mortgage lenders and providers serving clients in the UK
Posted: 05/11/2020
The average UK homebuyer could see the initial cost of a 10% mortgage deposit increase by more than £12,000 over the next 25 years, new analysis from Barrows and Forrester has revealed
Posted: 05/11/2020
Key Group has announced a new referral partnership with Newcastle Building Society
Posted: 05/11/2020
An additional £150bn is being pumped into the UK economy by the Bank of England (BoE) as the country enters a second lockdown
Posted: 05/11/2020
The MCI mortgage club has announced the addition of Buckinghamshire Building Society to its lending panel
Posted: 05/11/2020
Aspen Bridging has announced it currently has zero defaulted loans on its books and said it is expecting to continue exceeding its lending targets to the end of 2020
Posted: 04/11/2020
Retiree renters and those in upper-middle age category are the fastest growing tenant groups in the private rented sector (PRS), according to new analysis from Paragon Bank
Posted: 04/11/2020
End-to-end mortgage platform, Smartr365, has announced a new exclusive partnership with Digidentity
Posted: 04/11/2020
Accord Mortgages has announced it is extending the limited release period for its 90% LTV home purchase range for an additional six days
Posted: 04/11/2020
Ninety-four per cent of mortgage brokers would admit that in order to secure the loan size requested by their clients, they would need to shop around more than they did before the start of the pandemic
Posted: 04/11/2020
Thirty-four per cent of people planning to retire in 2020 are continuing to financially support their families with regular handouts amounting to over £3,700 per year, according to new research from Key
Posted: 04/11/2020
Landbay has announced the launch of two new buy-to-let (BTL) products available at 75% LTV, fixed for five years
Posted: 04/11/2020
The Asset Management Awards 2021 is now open for entries to firms in the institutional and retail asset management spaces
Posted: 03/11/2020
SimplyBiz Mortgages has announced an extension to its relationship with Key Partnerships
Posted: 03/11/2020
The FCA has suggested extending the availability of payment deferrals for borrowers experiencing financial difficulty as a result of coronavirus
Posted: 03/11/2020
The Nottingham has announced it is reintroducing mortgages to its offering following the temporary withdrawal of its products due to demand in late September
Posted: 03/11/2020
Market Financial Solutions (MFS) and Vanquish Business Services have announced a new partnership
Posted: 03/11/2020
Forty-seven per cent of people who haven’t yet retired and experienced loneliness in lockdown are now reconsidering their later life plans, according to new research published by Audley Villages
Posted: 02/11/2020
Mortgage payment holidays are being extended for homeowners who have been financially affected by the coronavirus crisis
Posted: 02/11/2020
The government has confirmed that the housing market will remain open beyond the new lockdown measures due to come in across England from Thursday
Posted: 02/11/2020
Specialist second charge lender, Evolution Money, has announced that it has added its criteria to the Knowledge Bank platform
Posted: 02/11/2020
Greenfield Mortgages has announced it is joining the Dynamo for Intermediaries panel of bridging lenders
Posted: 02/11/2020
A total of £2.3bn was withdrawn flexibly from pensions by 347,000 people during the third quarter of the year, new HMRC statistics have revealed
Posted: 30/10/2020
Land and property stamp tax (SDLT) receipts decreased by 3% between the 2018/2019 and 2019/2020 tax years, from £11.94bn to £11.6bn, according to HMRC’s latest UK Stamp Tax statistics
Posted: 30/10/2020
Annual UK house price growth increased to 5.8% in October, the highest rate since January 2015, according to data from the latest Nationwide House Price Index
Posted: 30/10/2020
Accord Mortgages has announced it is launching another limited release of 90% LTV products
Posted: 30/10/2020
Dudley Building Society has revealed it it is targeting tomorrow’s Right to Build Day (30 October) to draw adviser attention to the importance of the self-build sector as a growing source of new business
Posted: 29/10/2020
Mortgage Brain has announced that its affordability-based sourcing system, Affordability Hub, now has 32 lenders live on the platform
Posted: 29/10/2020
There were 10,351 new equity release plans agreed during the third quarter, reflecting an increase of 41% as national lockdown conditions were eased, according to new data published by the Equity Release Council (ERC)
Posted: 29/10/2020
The mortgage market strengthened further during September as net household borrowing hit £4.8bn secured on homes, new Bank of England (BoE) data has revealed
Posted: 29/10/2020
Advice firms are increasingly optimistic about the future of the financial advice industry, but remain worried about recruiting the next generation of advisers, according to new research by Openwork
Posted: 28/10/2020
Newcastle Intermediaries has announced it is refreshing its joint mortgage sole proprietor (JMSP) range with the inclusion of a five-year fixed rate product
Posted: 28/10/2020
Equity release adviser, Key, has highlighted the role of property wealth in bridging the pension gender gap, following research from Nest that revealed women could end up more than £70,000 worse off than men in retirement
Posted: 28/10/2020
A total of 418,000 properties worth £112bn are currently progressing through the sales pipeline, amounting to a 50% uptick in volume compared to the same period in 2019, new analysis from Zoopla has revealed
Posted: 28/10/2020
Resolution Foundation has suggested the government’s £12.7bn Self-Employment Income Support Scheme (SEISS) has been “terribly targeted” at those in need
Posted: 27/10/2020
Aspen Bridging has completed a four-day bridge to enable a property professional to exit an existing lender facility before incurring a 5% immediate default charge
Posted: 27/10/2020
UK house prices are predicted to jump by £30,000 over the next four years, according to new analysis from GetAgent
Posted: 27/10/2020
United Trust Bank (UTB) has agreed to refinance a £34m development of 53 luxury apartments being undertaken by housebuilder, Acorn Property Group
Posted: 27/10/2020
There have been just 34 investigations and one successful enforcement action since the FCA’s Senior Managers and Certification Regime (SMCR) was introduced four and a half years ago, new research from Bovill has revealed
Posted: 27/10/2020
Accord Buy To Let has announced it is refreshing its entire range to provide a more streamlined product offering for brokers and their landlord clients
Posted: 27/10/2020
UK rents increased in rural areas and fell sharply in some cities over the summer as more tenants looked to relocate from towns to countryside, according to analysis from the Deposit Protection Service (DPS)
Posted: 27/10/2020
Twenty7Tec has announced an agreement with Skipton Building Society that will support the seamless integration of TwentyTec’s APPLY module with Skipton’s origination platform
Posted: 27/10/2020
Finding a suitable self build plot remains one of the biggest challenges faced by self builders, according to new research from Ipswich Building Society
Posted: 26/10/2020
PIMFA has called on the government to tighten the rules around the promotion of unregulated financial products
Posted: 26/10/2020
Mortgage borrowers are being hit with a double-whammy of higher interest rates and fewer products, according to new analysis by Defaqto
Posted: 26/10/2020
Nearly half of mortgage businesses have never tested their website with end users, according to new research from Dock9
Posted: 26/10/2020
Ipswich Building Society has responded to Guy Opperman’s recent suggestion that auto-enrolment pensions contributions could be accessed by first-time buyers as a deposit for a mortgage
Posted: 26/10/2020
Loans Warehouse has suggested the second charge lending market can provide a “valuable alternative” for brokers lending to 85% LTV borrowers
Posted: 26/10/2020
2020 has been a strange and at times painful year for millions of people across the UK. The coronavirus pandemic has impacted many people’s personal finances whilst also endangering people’s businesses and livelihoods
Posted: 26/10/2020
The winners of the Mortgage Awards 2020 were announced last night via a special video broadcast
Posted: 23/10/2020
There was almost £600bn of equity available for release in UK homes in the third quarter, an increase of £100bn from Q2, new analysis from Canada Life has revealed
Posted: 22/10/2020
Mortgage Magic has announced that it has integrated several of iPipeline’s web service solutions, which power SolutionBuilder, AlphaTrust and PreQuo, into its broker proposition
Posted: 22/10/2020
Rishi Sunak has announced that government grants will be made available to firms facing tier two restrictions around the UK
Posted: 22/10/2020
PRIMIS Mortgage Network has reported that its product desk resolved a total 2,186 inbound queries from Appointed Representative (AR) brokers in September
Posted: 22/10/2020
Landbay has announced a refresh of its core product range to respond to high demand
Posted: 22/10/2020
The MCI mortgage club has appointed Hinckley & Rugby Building Society to its panel of lenders
Posted: 22/10/2020
Sesame Network has launched a new expanded protection panel as part of a move to help advisory firms and increase choice for customers
Posted: 22/10/2020
Paradigm Mortgage Services has added specialist mortgage lender, LiveMore Capital, to its panel
Posted: 22/10/2020
United Trust Bank (UTB) has agreed to fund a £7.6m development of new houses near Milton Keynes
Posted: 21/10/2020
Twenty-one per cent of landlords are predicting that tenants will move to the country for space and to work from home, according to new research from The Mortgage Lender (TML)
Posted: 21/10/2020
There were 98,010 residential transactions recorded in September, new HMRC data has revealed, a total 0.7% lower than September 2019
Posted: 21/10/2020
The FCA’s recent decision to ban the sale of derivatives and exchange traded notes (ETNs) linked to cryptoassets to retail customers is a “setback” for the UK, according to Global Digital Finance (GDF)
Posted: 21/10/2020
Average house prices across the UK increased by 2.5% over the year to August 2020, a figure up from 2.1% in July, according to the latest UK House Price Index
Posted: 21/10/2020
Hanley Economic Building Society has announced it is returning to the expat buy-to-let (BTL) market
Posted: 21/10/2020
Aspen Bridging has announced the completion of a £2.3m bridge which covered an existing lender repayment and finish and exit on a luxury house, along with the all-in purchase of a high-end apartment
Posted: 20/10/2020
Financial advisers experienced greater contact with their clients following the COVID-19 lockdown, according to new research by Seneca Investment Managers
Posted: 20/10/2020
SDL Surveying, has announced that September was its ‘busiest month ever’ for both volumes completed and revenue generated
Posted: 20/10/2020
Homeowners planning to benefit from the stamp duty holiday should begin their homebuying process by 1 November or risk missing out, according to new findings from the Legal & General Mortgage Club
Posted: 20/10/2020
The SimplyBiz Group has welcomed new research from the Intermediary Mortgage Lenders Association (IMLA) which showed that 35% of intermediaries intend to advise on green mortgages in the future
Posted: 20/10/2020
SmartSearch has revealed it recorded its best ever month in September, with record revenues and profits as well as a record number of new clients
Posted: 20/10/2020
Accord Mortgages has announced it is revising its loan-to-income (LTI) caps to a standard 4.49 times across all incomes from Wednesday 21 October
Posted: 20/10/2020
Twenty-three per cent of homeowners are worried about renewing their mortgage during the coronavirus pandemic, according to the results of a poll by Willow Private Finance
Posted: 19/10/2020
Enra Specialist Finance has announced that it has priced its first residential mortgage backed securities, backed by a portfolio of buy-to-let (BTL) and second charge mortgages
Posted: 19/10/2020
Seventy-four per cent of lenders are expecting green mortgages to become a larger part of the wider mortgage market in the future, new research from the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 19/10/2020
Volumes for remortgage instructions remained steady during September, falling by just 1.3% over the month, according to new data published by LMS
Posted: 19/10/2020
Loans Warehouse has predicted that the second charge lending market will experience a 100% growth in the final quarter of 2020
Posted: 19/10/2020
Landbay has announced it is joining Synergy Commercial Finance’s network panel
Posted: 19/10/2020
The British Business Bank has been commissioned by the government to convene an industry-wide working group on access to capital
Posted: 16/10/2020
Investment platform, AJ Bell, has warned that millions of people could be sleepwalking into “retirement misery”
Posted: 16/10/2020
Debit card spending in the UK reached a record high of £59.1bn during July this year, data published by UK Finance has revealed
Posted: 16/10/2020
Click2Check has announced a new partnership with data and analytics provider, AccountScore
Posted: 16/10/2020
Forty-two per cent of brokers have suggested the biggest priority for their business is increasing their client base, according to research from Mortgage Brain
Posted: 15/10/2020
iPipeline has announced a new partnership with CIExpert that will support advisers comparing critical illness plans through its protection sourcing tool, SolutionBuilder
Posted: 15/10/2020
A third (33%) of women over the age of 54 who have taken on debt in the last five years have done so to cover day-to-day expenses, according to new research from more2life
Posted: 15/10/2020
Aspen Bridging has backed a first-time buyer requiring maximum leverage to purchase an off-plan, new-build flat in London, saving their initial 10% deposit
Posted: 15/10/2020
Fiduciam has revealed that it expects to receive at least another £200m of requests for Coronavirus Business Interruption Loan Scheme (CBILS) loans between now and the new scheme closure date of 30 November
Posted: 15/10/2020
Just Mortgages has announced that it experienced record high volumes for both applications and exchanges in September
Posted: 15/10/2020
Zephyr Homeloans has announced it is joining the panel of Brilliant Solutions’ mortgage club
Posted: 15/10/2020
More money has been spent on £10m-plus properties this year than in 2019, new data from Knight Frank has revealed
Posted: 14/10/2020
Asking rents have hit a record high outside London at £964 per month, driven by record demand from renters, according to new analysis by Rightmove
Posted: 14/10/2020
Pent-up demand and government incentives jolted the UK’s property market “back to life” this summer, despite caution from lenders about COVID-19, a new report from Experian has suggested
Posted: 14/10/2020
GraniteShares has reported that 15.5% of people who own shares claim to have started buying and selling more since the coronavirus pandemic started
Posted: 14/10/2020
Thirty-nine per cent of investors are expecting commercial real estate assets to fall by between 5 to 10% in value in 2020, according to new research by Duff & Phelps
Posted: 14/10/2020
Ninety-two per cent of first-time buyers will still need guidance when making a home purchase, according to new research published by Accord Mortgages and Yorkshire Building Society
Posted: 14/10/2020
Fifty-two per cent of people in the UK think an independent office that audits stamp duty transactions should be set up to ensure that the right amount of tax is being paid, new research from Cornerstone Tax has revealed
Posted: 13/10/2020
COVID-19 has caused 51% of SME decision makers to change their business savings habits, according to new research from Aldermore bank
Posted: 13/10/2020
The government will need to raise taxes by more than £40bn a year by 2025 to prevent debt spiralling upwards, according to analysis from the Institute of Fiscal Studies (IFS)
Posted: 13/10/2020
Roma Finance has announced it is cutting rates and increasing LTVs and loan amounts across its product range
Posted: 13/10/2020
Landbay has announced it is offering free title indemnity insurance which the buy-to-let (BTL) lender suggested could speed up the legal process “dramatically”
Posted: 13/10/2020
Darlington Intermediaries and Legal & General have announced the launch of an affordability calculator
Posted: 13/10/2020
Twenty7Tec has announced that it will provide its analytics platform, INSIGHT, free of charge to any mortgage lender entering the 90%+ LTV market, who isn’t already a subscriber
Posted: 13/10/2020
Stonebridge has revealed it processed over £1bn worth of mortgage applications during September
Posted: 13/10/2020
TMA Club has announced it is adding Access Equity Release and Knight Frank Finance as equity release referral partners to its later life lending proposition
Posted: 12/10/2020
Pensions Minister, Guy Opperman's, suggestion that he is exploring ways for pensions to be used for house deposits has been described as “disappointing” by The People’s Pension (TPP)
Posted: 12/10/2020
Rental yields on residential buy-to-let properties climbed to 6.4% across England during the third quarter, up 0.4% from the 6% achieved in the third quarter of 2019, according to the latest Fleet Mortgages Buy-to-Let Rental Barometer
Posted: 12/10/2020
One in every two first-time buyers under the age of 35 is receiving financial support from the Bank of Mum and Dad (BoMaD), according to new research from Legal & General and Cebr
Posted: 12/10/2020
SimplyBiz Mortgages has agreed a new partnership with Eligible to give its members three months free access to its personalised client engagement platform
Posted: 12/10/2020
The second charge mortgage market experienced a 57% annual fall during August as £43m of new business was recorded, new statistics from the Finance & Leasing Association (FLA) have revealed
Posted: 12/10/2020
Landbay has announced a new partnership with PRIMIS Mortgage Network to provide PRIMIS brokers and their landlord clients with access to Landbay’s buy-to-let (BTL) products through its online intermediary portal
Posted: 12/10/2020
The UK GDP grew by 2.1% in August, new data published by the Office for National Statistics (ONS) has revealed
Posted: 09/10/2020
The winners of the MoneyAge Awards 2020 were announced last night via a special video broadcast
Posted: 09/10/2020
Three in five first-time buyers (61%) would suggest that buying a home is more important to them now than it was before the coronavirus pandemic, new research by the Yorkshire Building Society has revealed
Posted: 09/10/2020
House prices increased by 0.7% in England and Wales during September, according to the latest e.surv Chartered Surveyors House Price Index
Posted: 09/10/2020
The FCA has urged members of the public who invested in an unauthorised land banking scheme, and who may be eligible to receive some of their money back, to get in contact with the regulator
Posted: 09/10/2020
Thirty-eight per cent of over-55s would admit their homes need work to make them suitable for later life living, with the average bill for improvements averaging just over £8,000, according to new research from Key
Posted: 09/10/2020
The equity release market showed the most change across the categories recorded by Knowledge Bank in September, with ‘Maximum Loan Amount’ being the only consistent search in the top five results
Posted: 08/10/2020
Mortgage Brain has announced Fluent Mortgages as the latest business to commit to integrating with its multi-lender submission and application gateway, Lendex
Posted: 08/10/2020
Hope Capital has announced it is partnering with Nivo to implement new ID verification and messaging technology for its customers
Posted: 08/10/2020
AJ Bell has urged the government to consider handing a specific responsibility for tackling scams to a minister
Posted: 08/10/2020
The UK housing market continued its recovery during September, according to the latest RICS UK Residential Survey, as buyer enquiries, agreed sales and new listings all remained “strong” during the month
Posted: 08/10/2020
As many as 85% of property transactions between the announcement of the stamp duty holiday on 8 July up until 31 August have fallen below the £500,000 price threshold and paid no stamp duty as a result
Posted: 08/10/2020
Twenty7Tec has announced that it has completed the development of a client portal that seamlessly integrates with the company’s CloudTwenty7 platform
Posted: 08/10/2020
Foundation Home Loans has announced the return of its buy-to-let (BTL) five-year fixed rate product to the market
Posted: 08/10/2020
Bluestone Mortgages has revealed that its application volumes last month were 68% higher than in September 2019, marking an all-time record month for the lender
Posted: 08/10/2020
Click2Check has announced the appointment of Yusuf Yigit as its new in-house software developer in the UK, working specifically on the firm’s Credit Assess product
Posted: 07/10/2020
The winners at the MoneyAge Awards 2020 are set to be announced at 5pm on Thursday 8 October, via a special broadcast on the awards website
Posted: 07/10/2020
UK house prices increased by 2.3% in the year to July 2020, down from 2.9% in June, according to the latest UK House Price Index (HPI) from the Land Registry
Posted: 07/10/2020
Sixty-five per cent of landlords have suffered financially during the coronavirus pandemic, according to a new study from The Mortgage Lender (TML)
Posted: 07/10/2020
A property empire worth £10m has been given up to the National Crime Agency (NCA) by a Leeds businessman suspected of being a major money launderer
Posted: 07/10/2020
UK Finance has announced the appointment of David Postings as its new chief executive
Posted: 07/10/2020
The government is facing a potential loss between £15bn and £26bn through businesses not being able to repay Bounce Back loans, as well as fraud resulting from the loan scheme
Posted: 07/10/2020
House prices across the UK were 1.6% higher in September than they were during August, according to the latest Halifax House Price Index
Posted: 07/10/2020
The number of ESIS generated through Mortgage Brain’s sourcing systems hit a new high point for 2020 during September
Posted: 06/10/2020
Home movers are having to pay almost £68,000 on average to move from a two bed flat to a three bed house outside London, a figure £4,000 more than this time last year, according to new data published by Rightmove
Posted: 06/10/2020
Boris Johnson has promised that first-time buyers will be given long-term fixed rate mortgages at up to 95% LTV, as he aims to turn “generation rent into generation buy”
Posted: 06/10/2020
Canada Life has announced it is enhancing all its capital select options for home finance customers
Posted: 06/10/2020
The FCA has published its final rules outlining the ban of the sale of derivatives and exchange traded notes (ETNs) that reference types of cryptoassets to retail consumers
Posted: 06/10/2020
UK SMEs have written off £2.2bn in revenue because their customers have become insolvent during lockdown, according to research from Nimbla
Posted: 06/10/2020
The stamp duty holiday has helped to accelerate homebuyer demand across the UK during the third quarter, new analysis from GetAgent has revealed.
Posted: 06/10/2020
Mortgage Magic has announced that its CRM and mortgage management system can now be integrated with a complete Voice over Internet Protocol (VOIP) phone system
Posted: 06/10/2020
Accord Mortgages has announced the appointments of two new business development advisers (BDAs) to its sales team, to help provide more support to brokers
Posted: 05/10/2020
Dudley Building Society has announced the return of an interest only repayment option for its new residential 1.05% discount for term product
Posted: 05/10/2020
Swansea Building Society has announced the launch of a new mortgage product specifically designed for medical professionals
Posted: 05/10/2020
An estimated 15 million homebuyers have never considered whether there was a mistake in the stamp duty they paid, according to new research from Cornerstone Tax
Posted: 05/10/2020
The average rent in the UK is now £987, up 0.2% on last month, and by 2.1% on last year, new data from HomeLet has revealed
Posted: 05/10/2020
Sixty-four per cent of financial advice business owners and wealth management chief executives do not trust the Financial Services Compensation Scheme (FSCS) to deliver fair outcomes for consumers or their firms, according to a new PIMFA study
Posted: 05/10/2020
Knowledge Bank has announced it is partnering with the Financial Intermediary and Broker Association (FIBA) to offer its criteria search system to FIBA’s members
Posted: 05/10/2020
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies rose slightly to £73bn at the end of September, new data from Mercer has revealed
Posted: 02/10/2020
Over-50s have seen their homes rise in value by an average £7,023 in just two months, according to research from SunLife
Posted: 02/10/2020
Mortgage Magic has rolled out an enhanced version of its CRM and business management system to existing customers and also showcased the system to prospective customers
Posted: 02/10/2020
Accord Mortgages has announced that it is launching another limited release of 90% LTV products for first-time buyers
Posted: 02/10/2020
Mortgage Brain has launched a new lender service report which will collate information from multiple lenders, providing a single source for advisers
Posted: 01/10/2020
The Mortgage Lender (TML) has announced the completion of the first securitisation of 2,096 unregulated residential buy-to-let (BTL) mortgages it has originated, secured on properties in England, Wales and Scotland
Posted: 01/10/2020
Crystal Specialist Finance (CSF) and Together have launched a new complex buy-to-let (BTL) product for landlords and property investors being overlooked by mainstream and specialist lenders
Posted: 01/10/2020
Bluestone Mortgages has announced that it is joining Mortgage Compliance & Insurance Club’s (MCI Club) lender panel
Posted: 01/10/2020
Brilliant Solutions has reported two consecutive months of record completion volumes
Posted: 30/09/2020
Eighty-one per cent of property and commercial finance brokers believe they are prepared for a second wave of COVID-19, new research from United Trust Bank (UTB) has revealed
Posted: 30/09/2020
The annual house price growth picked up to 5.0% during September, the highest rate since September 2016, according to the latest Nationwide House Price Index
Posted: 30/09/2020
Three in 10 (30%) homeowners aged 55 and over have felt vulnerable when making a financial decision, according to a new report published by more2life
Posted: 30/09/2020
eKeeper has integrated DocuSign’s eSignature functionality into its intermediary focused CRM, MortgageKeeper
Posted: 30/09/2020
Legal & General Mortgage Club has announced the addition of LiveMore Capital to its panel
Posted: 30/09/2020
Demand for rental homes across the UK’s major cities has increased by 13% since the second quarter of the year, according to new data from Howsy
Posted: 29/09/2020
The number of mortgage approvals for house purchase continued to increase sharply in August, rising to 84,700 from 66,300 in July, new data from the Bank of England (BoE) has revealed
Posted: 29/09/2020
The Society of Mortgage Professionals (SMP) has urged brokers concerned that a customer is attempting to commit mortgage application fraud to “under no circumstances” submit the proposal to a lender
Posted: 29/09/2020
Crystal Specialist Finance (CSF) and Together have saved a house move by taking a £65,000 bridging case from receipt to completion in 48 hours
Posted: 29/09/2020
Fleet Mortgages has announced several rate cuts across its standard and limited company ranges
Posted: 29/09/2020
Thirty-seven per cent of adults in the UK believe they have been targeted by a scam or fraud since lockdown started on 23 March, new research from AJ Bell has revealed
Posted: 28/09/2020
First-time buyers are set to be overtaken by existing homeowners as the largest buyer demographic, as COVID-19 drives a shift in the profile of home buyers, according to new data published by Zoopla
Posted: 28/09/2020
Royal London has announced it is entering the equity release market having partnered with later life mortgage adviser, Responsible Life
Posted: 28/09/2020
Ninety-eight per cent of financial intermediaries have indicated they believe it is important to keep up to date with developments on vulnerability agenda, according to new research from Just Group
Posted: 28/09/2020
The Conveyancing Association (CA) has urged its member firms to endorse a series of new home buying and selling pledges for property stakeholders
Posted: 28/09/2020
Activity in the million pound plus housing market is “soaring” as wealthier buyers make moves to bigger houses or new locations, new analysis from Rightmove shows
Posted: 25/09/2020
Six in ten (62%) senior leaders within financial institutions have said they expect to maintain or grow their revenues over the next 12 months, according to new research from Lloyds Bank
Posted: 25/09/2020
More than 120 businesses have opted to become associate firms of the Personal Finance Society in just one month
Posted: 25/09/2020
Saffron for Intermediaries and MCI Mortgage Club have announced a new partnership which will see club members gain access to the society’s range of specialist mortgage products
Posted: 25/09/2020
Air Group has announced the appointment of Jon Tweed as a consultant to develop its wider later life lending adviser offering
Posted: 25/09/2020
Losses to unauthorised financial fraud fell by 8% in the first half of 2020 to £374.3m, new figures published by UK Finance have revealed
Posted: 24/09/2020
Three-quarters of brokers do not tell their clients that they offer second charge mortgages, according to new research from Brightstar Financial
Posted: 24/09/2020
The Chancellor has announced the launch of the government’s Job Support Scheme as part of the next phase of coronavirus support measures for workers
Posted: 24/09/2020
Stonebridge has unveiled newly-designed performance dashboards on its wholly-owned trading platform, Revolution
Posted: 24/09/2020
Hope Capital has expanded its underwriting team with the promotion of Joanne McGillicuddy to senior underwriter, and the new appointment of Keiran Holmes as underwriter
Posted: 24/09/2020
Just three in 10 people (30%) could rely on their savings if they lost all sources of their income, according to a new study by Shepherds Friendly
Posted: 24/09/2020
Key Group’s equity release referral service, Key Partnerships, has launched a new retirement funding tool to help advisers “drive” conversations with clients about retirement planning
Posted: 24/09/2020

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