Latest News
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£1.17bn in property wealth accessed by over-55s in Q2
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End of mortgage payment holidays could lead to specialist lending ‘surge’
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HMRC reports fall in deaths resulting in IHT charge
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Net mortgage borrowing jumps to £17.9bn in June – BoE
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Study reveals pressure on conveyancing industry during stamp duty holiday
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PRIMIS reports busy June for product desk queries
Archive News
The end of the mortgage payment holidays scheme this weekend could lead to a surge in customers in need of specialist support or more tailored lending over the next year, according to Masthaven Bank
Posted: 30/07/2021
The number of exchanges between clients and conveyancing solicitors spiked last month as the rush to meet the stamp duty holiday increased communications pressures on the industry
Posted: 30/07/2021
PRIMIS Mortgage Network has reported that its product desk supported appointed representative (AR) advisers with 2,275 queries in June
Posted: 30/07/2021
Newcastle Intermediaries has announced it is re-entering the large loan market with a new proposition and products available up to 80% LTV
Posted: 30/07/2021
Legal & General Mortgage Club has launched several new exclusive products with Dudley Building Society
Posted: 30/07/2021
Over 3.6 million UK adults are unaware how many pensions they have and risk paying more in fees than necessary, according to new research by Scottish Widows
Posted: 29/07/2021
The proportion of deaths in the UK resulting in an inheritance tax (IHT) charge has seen a 0.2% decrease, new HMRC figures have revealed
Posted: 29/07/2021
The Nottingham has reported a profit after tax of £4.9m for the first half of 2021
Posted: 29/07/2021
Over-55 homeowners unlocked £1.17bn of property wealth during the second quarter of the year, according to new statistics published by the Equity Release Council.
This represented a 2% rise from £1.14bn in Q1 2021 and was up 67% year-on-year from Q2 2020 (£698m) during the first COVID-19 lockdown
This represented a 2% rise from £1.14bn in Q1 2021 and was up 67% year-on-year from Q2 2020 (£698m) during the first COVID-19 lockdown
Posted: 29/07/2021
Legal & General Home Finance has extended its five-year partnership with Santander UK to help the bank’s mortgage customers with later life mortgage options
Posted: 29/07/2021
Net mortgage borrowing hit a record £17.9bn in June, new figures published by the Bank of England (BoE) have revealed
Posted: 29/07/2021
Dudley Building Society has partnered with the provider of back office systems to the financial services sector, Whistlebrook
Posted: 29/07/2021
The last six months have seen 14% of UK adults repay debts totalling £2.4bn a month, according to new research published by LifeSearch
Posted: 28/07/2021
Alternative Bridging Corporation has cut the rate on its bridging loans up to 70% LTV down to 0.60%
Posted: 28/07/2021
Annual house price growth has remained in double digits during July but slipped back to 10.5%, according to the latest Nationwide House Price Index
Posted: 28/07/2021
Paradigm Mortgage Services has announced the addition of Hampshire Trust Bank (HTB) to its lender panel
Posted: 28/07/2021
Around 15.6 million people across the UK are delaying buying homes, getting married and changing careers due to poor credit ratings, according to a study from Tymit
Posted: 28/07/2021
Nearly one in three people (32%) will retire in debt this year with an average £20,650 to pay off, new research from Key has revealed
Posted: 28/07/2021
Smart Money People has announced a new partnership with fintech firm, Life Moments, in a move that will offer Smart Money People’s clients exclusive access to its insights on the mortgage market
Posted: 28/07/2021
Specialist short-term lender, Hope Capital, has secured a £2.25m bridging loan for a client who owned a residential terraced property in London
Posted: 27/07/2021
Legal & General Home Finance (LGHF) has announced the launch of a new later life mortgages portal
Posted: 27/07/2021
West One Loans has recorded a strong performance from its bridging product and industry-leading turnaround times, after the lender published its short-term lending results for the first half of 2021
Posted: 27/07/2021
End-to-end mortgage and protection platform, Smartr365, has announced that it has just reached the milestone of 2,000 users
Posted: 27/07/2021
CHL Mortgages has become a patron of the National Association of Commercial Finance Brokers (NACFB)
Posted: 27/07/2021
Allica Bank has added valuation panel management service, VAS Panel, to its valuation database for commercial property finance loans
Posted: 27/07/2021
SimplyBiz Mortgages has announced the addition of Castle Trust Bank to its panel
Posted: 27/07/2021
Just one in five landlords (19%) are planning to to offload their buy-to-let (BTL) portfolio in the next five years, new research by Sequre Property Investment has revealed
Posted: 26/07/2021
Fraud convictions in England and Wales secured under the Fraud Act 2006 have slumped to their lowest level since 2007, according to new data analysed by Quilter
Posted: 26/07/2021
Aon and Willis Towers Watson (WTW) have agreed to terminate their proposed $30bn (£21.5bn) merger following an “impasse” with the US Department of Justice
Posted: 26/07/2021
Gateway Surveyors has announced that it has established a new partnership with software company, CoreLogic UK
Posted: 26/07/2021
Fleet Mortgages has been acquired by Starling Bank in a £50m cash and share deal
Posted: 26/07/2021
The Intermediary Mortgage Lenders Association (IMLA) has predicted a rise in gross mortgage lending to £285bn in 2021, according to the trade body’s latest report
Posted: 26/07/2021
Pepper Money has increased the maximum LTV on its buy-to-let (BTL) offerings
Posted: 26/07/2021
MCI Mortgage Club has announced the addition of equity loan provider, Proportunity, to its lender panel
Posted: 26/07/2021
CHL Mortgages has announced several rate cuts across its 75% LTV product range by up to 15 basis points
Posted: 23/07/2021
Newcastle Building Society has announced the launch of its 95% LTV mortgages range which will be available under the government’s First Homes scheme
Posted: 23/07/2021
OpenMoney has launched a new home buying service to offer personalised advice to first-time buyers
Posted: 23/07/2021
Market Financial Solutions (MFS) has completed a large bridging loan which enabled a client to complete a complex shopping centre purchase
Posted: 23/07/2021
Darlington Intermediaries has joined the lender panel of Brilliant Solutions mortgage club
Posted: 23/07/2021
Gerard Boon, Managing Partner at Boon Brokers, discusses his top reasons for why potential homebuyers should look to use a mortgage broker
Posted: 23/07/2021
Ipswich Building Society has announced that it has been added to the PRIMIS Mortgage Network lender panel
Posted: 22/07/2021
Receipts for inheritance tax (IHT) have reached their highest ever level over a 12-month period, new data published by HMRC has revealed
Posted: 22/07/2021
Brokers would consider complex buy-to-let (BTL) lenders to be the most flexible with mortgage applications compared to any other mortgage sector, a new study from Smart Money People has revealed
Posted: 22/07/2021
F4B Network has bolstered its general insurance (GI) offering with the addition of GI provider, Paymentshield, to its panel
Posted: 22/07/2021
Mortgage Advice Bureau (MAB) has acquired a stake in Evolve Financial Solutions to strengthen its new homes broker panel and proposition
Posted: 22/07/2021
LMS has announced the launch of a new messaging service, Secure Link, to streamline the conveyancing process and improve case query turnaround times
Posted: 21/07/2021
The government’s lack of progress towards rectifying an estimated 1.5 million or more low-income workers paying a 25% penalty for their pension savings has been branded “disappointing” by the Low Incomes Tax Reform Group (LITRG)
Posted: 21/07/2021
UK investors are still showing a bias to UK stocks despite persistent long-term underperformance, new research from Quilter Investors has revealed
Posted: 21/07/2021
June saw a 74.1% monthly increase in residential property transactions across the UK, according to new HMRC data
Posted: 21/07/2021
Almost one in three (31%) UK homeowners over the age of 40 who are not yet retired are intending to work beyond their state pension age, according to new research from Canada Life
Posted: 21/07/2021
Paradigm Mortgage Services has confirmed a new partnership with digital mortgage lender, Molo Finance
Posted: 21/07/2021
Sesame Bankhall Group (SBG) has announced the addition of United Trust Bank (UTB) to PMS Mortgage Club and Sesame Network’s lender panels
Posted: 21/07/2021
Draft legislation has been issued by HMRC around the increase in the minimum pension age from 55 to 57
Posted: 20/07/2021
Seventy-eight per cent of first-time buyers have said they would be likely to use a broker to help them arrange their first mortgage, new research from Yorkshire Building Society has revealed
Posted: 20/07/2021
Harpenden Building Society has launched a revamped version of its self-build mortgage product
Posted: 20/07/2021
Five financial services firms have stopped providing regulated debt advice until further notice following an FCA review of the practices of debt packager firms
Posted: 20/07/2021
UK over-55s are expected to borrow £10bn more in 2021 as consumer confidence returns to the economy, according to new research from equity release lender, more2life, and economics consultancy, Cebr
Posted: 20/07/2021
Banking and financial services firms are planning to increase their IT spend significantly over the coming 12 months to improve both front and back-end technology, new research from Yobota has revealed
Posted: 20/07/2021
Zephyr Homeloans has announced several new rate reductions across the majority of its products
Posted: 20/07/2021
Over half of financial advisers (52%) would consider ESG criteria only at the client’s request when building retirement portfolios, according to research from Aegon and Next Wealth
Posted: 19/07/2021
Rising house prices are building up the average homeowner’s wealth more quickly than strong share gains, according to new analysis by HUB Financial Solutions
Posted: 19/07/2021
The Nottingham has made several residential rate reductions and announced the launch of a two-year fixed 90% LTV product
Posted: 19/07/2021
The busiest first half of a year ever recorded in the UK property market has pushed the average price of property coming to market to a new record high for the fourth consecutive month, new data from Rightmove has revealed
Posted: 19/07/2021
Roma Finance has announced the launch of new bridging and development ranges with improved rates and enhanced criteria
Posted: 19/07/2021
Confidence among mortgage brokers has increased since the start of 2021, according to new research from Masthaven Bank
Posted: 19/07/2021
One Mortgage System (OMS) is to be integrated by specialist financial solutions provider, Y3S, to work alongside its second charge quotation and application system, Lenderlink
Posted: 19/07/2021
HMRC has announced the launch of a new online guidance tool to simplify the process for inheritance tax (IHT)
Posted: 16/07/2021
Outstanding balances on UK credit card accounts contracted by 11.6% over the 12 months to April as a result of repayments outstripping new borrowing in the year, new UK Finance figures have revealed
Posted: 16/07/2021
Older homeowners have received £1.94bn in property wealth in the first half of the year as the equity release market continued its lockdown recovery, new data from Key has revealed
Posted: 16/07/2021
Foundation Home Loans has been acquired by an affiliate of Apollo Global Management, Inc., Athene Holding Ltd
Posted: 16/07/2021
CHL Mortgages has announced a new partnership with Mortgage Advice Bureau (MAB) to expand its distribution
Posted: 16/07/2021
The average house price in Scotland fell by 0.1% in May, according to the latest Walker Fraser Steele Acadata House Price Index (Scotland)
Posted: 15/07/2021
An increase in earnings growth across the UK could “pile pressure” on Chancellor Rishi Sunak when considering the costs of maintaining the government’s Manifesto commitment to the state pension triple lock, Aegon has warned
Posted: 15/07/2021
Alternative Bridging Corporation has partnered with fintech firm, Nivo, to offer a new app based solution
Posted: 15/07/2021
Banks and building societies have reported that the availability of secured credit to households increased in the three months to the end of May, new data from the Bank of England (BoE) has revealed
Posted: 15/07/2021
Quilter Financial Advisers has announced a new partnership with workplace wellbeing company, Circles, which is part of the Sodexo group
Posted: 15/07/2021
The second charge lending market has now hit pre-pandemic levels of lending and surpassed the £100m barrier, according to the latest Secured Loan Index from Loans Warehouse
Posted: 15/07/2021
Knowledge Bank has announced the addition of a product transfer feature to its criteria search system
Posted: 15/07/2021
As the countdown begins to the end of the stamp duty holiday on 30 September there are currently 41 buy-to-let (BTL) mortgages on the market at the record low rate of 1.5% or below, new research from Property Master has revealed
Posted: 14/07/2021
iPipeline has announced a new long-term partnership with financial mutual society, OneFamily
Posted: 14/07/2021
Inflation in the UK has increased by 2.5% in a year, new data published by the Office for National Statistics (ONS) has revealed
Posted: 14/07/2021
Sixty-eight per cent of adults in the UK are unaware of the government’s planned change to the age that people can access their state pension, new research from Aegon has revealed
Posted: 14/07/2021
The average UK house price increased by 10.0% over the year to May, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 14/07/2021
MCI Mortgage Club has added bridging lender, Glenhawk, to its panel to give its members more choice for clients seeking short-term property finance
Posted: 14/07/2021
F4B Network has announced the addition of Metro Bank to its lending panel
Posted: 14/07/2021
The Association of Mortgage Intermediaries (AMI) has launched a broker survey looking at diversity, equity and inclusion within the mortgage sector
Posted: 13/07/2021
The Association of Short Term Lenders (ASTL) has announced that Strettons has become the latest business to join as an associate member
Posted: 13/07/2021
A record £180m worth of cryptocurrency linked to international money laundering has been seized by the Met Police in London
Posted: 13/07/2021
Defined benefit (DB) pension scheme members could have an income 76% higher than an equivalent defined contribution (DC) saver without breaching the lifetime allowance, according to new analysis from AJ Bell
Posted: 13/07/2021
Retail banks have been issued a warning by the FCA about weaknesses and failings surrounding their financial crime controls
Posted: 13/07/2021
Air Group has announced the launch of a new product relationship with over-55s credit broker, free2
Posted: 13/07/2021
The Financial Intermediary and Broker Association (FIBA) has announced the appointment of Ascot Bridging to its short-term lender panel
Posted: 13/07/2021
United Trust Bank (UTB) has funded a £10.29m development by Ashcourt Group
Posted: 12/07/2021
The Conveyancing Association (CA) has urged the government to “move further and faster” in delivering the leasehold reform it has previously promised
Posted: 12/07/2021
UK Finance has announced that seven mortgage lenders are to cover the cost of making existing EWS1 forms publicly available through the Fire Industry Association (FIA) Building Safety Information Portal
Posted: 12/07/2021
Lifetime ISA (LISA) early withdrawal charges have more than tripled in a year from £10m in 2019/20, to £33m in the 2020/21 tax year, according to data from Quilter
Posted: 12/07/2021
Landbay has announced the launch of two new buy-to-let (BTL) mortgage products for first-time landlords who want to invest in houses in multiple occupation (HMO)
Posted: 12/07/2021
SmartSearch has warned that the UK could be left behind in the fight against money laundering and financial fraud if it fails to coordinate with the new agency being formed by the EU
Posted: 12/07/2021
Brunel Mortgages has appointed One Mortgage System (OMS) as its preferred tech provider
Posted: 12/07/2021
The UK GDP is estimated to have grown by 0.8% in May, new figures published by the Office for National Statistics (ONS) have revealed
Posted: 09/07/2021
House prices across England and Wales grew by 0.8% in June, according to the latest e.surv House Price Index
Posted: 09/07/2021
The winners of the Mortgage Awards 2021 were announced last night at a gala ceremony in London
Posted: 09/07/2021
Fewer lenders have been able to provide the loan size requested by borrowers over the last six months, research from Mortgage Broker Tools (MBT) has revealed
Posted: 09/07/2021
Legal & General Home Finance (LGHF) has confirmed it is joining Sesame Network’s later life lending panel
Posted: 09/07/2021
Ralph Hora, Pemberton Head of Business Development for Germany, Austria and Switzerland (DACH) and Chair of the Pemberton ESG Working Group, explains Pemberton’s approach to Net Zero and how the firm works with its portfolio companies to mutual benefit
Posted: 08/07/2021
Knowledge Bank has reported an increase in the number of mortgage brokers searching for “time in current employment” for both residential and second charge mortgages
Posted: 08/07/2021
Financial advisers are reporting a rise in interest from clients in bonds that focus on environmental, social and governance (ESG) factors, according to new research published by Aviva Investors
Posted: 08/07/2021
Legal & General Mortgage Club has announced the launch of a new product exclusive with Octane Capital
Posted: 08/07/2021
The UK’s housing market suffered a third consecutive monthly fall in the number of new properties coming onto the market in June, according to the latest Residential Market Survey published by the Royal Institution of Chartered Surveyors (RICS)
Posted: 08/07/2021
Financial adviser network, Tenet Group, has added West One Loans’ buy-to-let (BTL) division to its lender panel
Posted: 08/07/2021
Only a quarter of homeowners over 40 say they will retire at their state pension age due to changes to state pension legislation, according to new research from Canada Life
Posted: 07/07/2021
An additional 804 mortgage products came onto the market in June, resulting in a total figure up 6.6% on May, new data published by Twenty7Tec has revealed
Posted: 07/07/2021
Workers earning between £10,000 and £20,000 a year who lost income during the pandemic have missed out on a collective £122m in pension savings from their employers, according to research from Scottish Widows
Posted: 07/07/2021
The UK’s financial regulators have confirmed they are seeking views on plans to improve diversity and inclusion in financial services
Posted: 07/07/2021
The average UK house price dropped by 0.5% in June, the first monthly dip since January, according to the latest Halifax House Price Index
Posted: 07/07/2021
More than £2m has been reportedly lost to pension scammers since the start of 2021, new FCA research has revealed
Posted: 07/07/2021
More than £32.6bn of property wealth has been released from UK properties over the last 20 years, new data from Key has revealed
Posted: 07/07/2021
Businesses across the UK have benefitted from 1,670,939 government-guaranteed loans worth £79.3bn, new government statistics have revealed
Posted: 06/07/2021
Interest from homebuyers in London’s £2m+ market climbed by 4% during the second quarter of 2021, compared to the first three months of the year
Posted: 06/07/2021
Foundation Home Loans has announced it is opening up its green mortgage products to landlords purchasing property
Posted: 06/07/2021
Financial advisers are raising concerns that some clients’ wishes to gift cash lump sums to children could leave them short in later life, according to a new report from Just Group
Posted: 06/07/2021
Three in ten (30%) prospective first-time buyers have paused plans to purchase their first property as a result of COVID-19, a new study has revealed
Posted: 06/07/2021
The Financial Intermediary and Broker Association (FIBA), part of SimplyBiz, has announced that its members will now have access to TFG Capital’s full proposition, as it becomes the latest lender partner to join the trade body
Posted: 06/07/2021
LMS has announced a new partnership with Scottish Building Society, which will become the thirtieth lender panel within LMS Panel Link
Posted: 06/07/2021
Accord Mortgages has confirmed it is increasing the income threshold for its highest loan-to-income (LTI) cap from £60,000 to £70,000
Posted: 06/07/2021
Financial services technology specialist, Altus, has been acquired by Canadian software company, Equisoft, for an undisclosed sum
Posted: 05/07/2021
Vida Homeloans has announced the launch of an intermediary product switch portal to provide brokers with a seamless way to undertake a product transfer for their clients
Posted: 05/07/2021
Legal & General Mortgage Club has confirmed the appointment of Clare Beardmore as head of broker and propositions
Posted: 05/07/2021
Remortgage instruction volumes climbed by 9.7% in May, according to new data published by LMS
Posted: 05/07/2021
AS Financial has adopted One Mortgage System (OMS) as its preferred tech provider following a short trial of the system
Posted: 05/07/2021
Selina Finance has partnered with Pure Law in a move to deliver completions on its overdraft-style second charge lending facilities
Posted: 05/07/2021
CHL Mortgages has announced the addition of SimplyBiz Mortgages to its distribution panel
Posted: 05/07/2021
UK Finance has announced four new appointments to its Board
Posted: 02/07/2021
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies fell by £9bn over the course of June, according to Mercer’s latest Pensions Risk Survey
Posted: 02/07/2021
Vida Homeloans has announced the appointment of Iain Gibbons as director of marketing
Posted: 02/07/2021
Newcastle Intermediaries has announced new rate reductions by up to 0.25% across its two and five-year fee-assisted 90% and 95% LTV mortgages
Posted: 02/07/2021
BuildLoan has announced the launch of two new self and custom build mortgage products with Nottingham Building Society
Posted: 02/07/2021
TSB has become the latest lender to go live on Mortgage Brain’s multi-lender application and submission gateway, Lendex
Posted: 01/07/2021
Black & White Bridging has suggested that the bridging finance market should stop “peddling the idea” that bridging is all about speed
Posted: 01/07/2021
Over three quarters (77%) of UK homeowners over the age of 40 are confident about their current financial situation despite the pandemic’s impact on personal finances, according to new research from Canada Life
Posted: 01/07/2021
Legal & General Mortgage Club has announced it is launching new buy-to-let (BTL) exclusives from LendInvest
Posted: 01/07/2021
The number of advised clients who are gradually phasing into retirement has halved as a result of the coronavirus pandemic, according to findings from Aegon
Posted: 01/07/2021
Just Mortgages has announced that it recruited 37 new brokers in June
Posted: 01/07/2021
CHL Mortgages has been appointed by financial adviser support group, Tenet, to its lending panel
Posted: 01/07/2021
Banks' increasing dependence on 'RegTech' technology to automate fraud checks and send data to regulators may need common rules to encourage wider use, the European Union's banking watchdog has said
Posted: 30/06/2021
The total value of pension contributions that were reported by savers as exceeding the annual allowance (AA) fell from £912m in 2017/18 to £817m in 2018/19, HMRC has revealed
Posted: 30/06/2021
Six out of 10 homeowners aged over 55 say they would never consider equity release, according to new research
Posted: 29/06/2021
Net mortgage borrowing rebounded to £6.6bn in May from £3bn in April, but remained below the record £11.4bn in March, according to the Bank of England’s monthly Money and Credit statistical release
Posted: 29/06/2021
Annual house price growth in the UK has risen to 13.4% in the year to June, the highest level since November 2004, according to the latest Nationwide House Price Index
Posted: 29/06/2021
TwentyFour Asset Management launched its first sustainable fund in January 2020 and I would like to share some of the lessons we have learned from our first year of sustainable bond investing
Posted: 29/06/2021
Around one in 10 adults reduced their pension contributions amid the pandemic, whilst 6% stopped them altogether, according to industry research
Posted: 28/06/2021
Data from the Financial Conduct Authority (FCA) has shown that defined benefit (DB) pension members using advice firms that used a contingent charging structure were more like to transfer than those using firms not using contingent charging
Posted: 28/06/2021
The FCA has issued a warning to consumers that Binance Markets Limited is not permitted to undertake regulated activities in the UK.
The firm is part of a wider group, Binance Group, which is a Cayman Islands-domiciled cryptocurrency exchange. The latest move by the FCA is another sign of global regulatory pressure on crypto assets, as consumer harm, systemic risk and money-laundering risks continue to worry regulators
The firm is part of a wider group, Binance Group, which is a Cayman Islands-domiciled cryptocurrency exchange. The latest move by the FCA is another sign of global regulatory pressure on crypto assets, as consumer harm, systemic risk and money-laundering risks continue to worry regulators
Posted: 28/06/2021
Royal London has become the latest financial services firm to commit to net-zero greenhouse gas emissions, with the mutual life, pensions and investment company promising to do so across its investment portfolio by 2050
Posted: 25/06/2021
Over two-thirds (68%) of private sector defined benefit and hybrid (DBH) employer pension contributions in Q4 2020 were deficit reduction contributions (DRCs), according to figures from the Office for National Statistics (ONS)
Posted: 25/06/2021
The Mortgage Lender has reduced rates and fees on its buy-to-let range and introduced a new two and five-year Limited Edition with completion fees of 1%
Posted: 25/06/2021
The Bank of England (BoE) has announced it is again keeping its base bank rate at 0.1%
Posted: 24/06/2021
Foundation Home Loans has announced the launch of a new limited edition remortgage-only five-year fixed buy-to-let (BTL) product
Posted: 24/06/2021
Almost half (46%) of UK families say they are considering ESG investments as part of their discussions with their financial advisers, findings from Prudential UK have revealed
Posted: 24/06/2021
The Nottingham has announced its entry into the three-year fixed buy-to-let (BTL) market
Posted: 24/06/2021
Newcastle Building Society has announced a range of mortgages that offer 95% LTV on new-build properties
Posted: 24/06/2021
Older homeowners have gifted nearly £1m a day during the stamp duty holiday, according to new data from Key
Posted: 23/06/2021
The average property is taking 274 days to sell from the point of listing online to being marked as completed by the Land Registry, new analysis from GetAgent has revealed
Posted: 23/06/2021
BNP Paribas Asset Management explores the restoration and preservation of ecosystems
Posted: 23/06/2021
Outstanding balances on credit card accounts have contracted by 18.5% over the 12 months to March, as a result of repayments outstripping new borrowing in the year, new figures from UK Finance have revealed
Posted: 23/06/2021
United Trust Bank (UTB) has announced the launch of a new online Decision in Principle (DiP) and automatic-underwriting system, to provide brokers with point of sale decisioning available for 24 hours a day
Posted: 23/06/2021
ULS technology has agreed a new three-year panel management contract with Legal & General Mortgage Club
Posted: 23/06/2021
CHL Mortgages has reduced the rates across its entire 65% LTV product range by up to 25 bps, following the lender’s initial launch period
Posted: 22/06/2021
There is currently £1.3trn worth of housing stock within the private rental sector in England, according to research by Sequre Property Investment
Posted: 22/06/2021
More than four in 10 (41%) of financial advisers have reported an increase in queries about ESG investments, Aegon’s latest Adviser attitudes report has revealed
Posted: 22/06/2021
May saw 103,100 residential property transactions in the UK, according to the provisional non-seasonally adjusted estimate from HMRC
Posted: 22/06/2021
Over a tenth (12%) of UK homeowners over the age of 40 would consider releasing equity from their property to supplement retirement income, according to new research published by Canada Life
Posted: 22/06/2021
Evolution Money has reported that 74% of its second charge mortgages have been used for debt consolidation purposes, compared to 26% which have been used by clients with a prime credit rating
Posted: 22/06/2021
Paradigm Mortgage Services has announced the addition of Saffron for Intermediaries to its lender panel
Posted: 22/06/2021
Household finances have shown continued signs of improvement in the second quarter of 2021, despite the extension of some lockdown measures across the UK
Posted: 21/06/2021
The number of over-50s customers seeking equity release to undertake home improvements has surged so far this year, increasing by 134% compared to the same period last year, according to data from Legal & General Financial Advice
Posted: 21/06/2021
Aspen Bridging has announced the completion of a £3.38m finish and development exit loan for five detached houses in Bedfordshire
Posted: 21/06/2021
The Treasury is planning a pensions tax raid in the autumn to help cover the cost of government spending during the COVID-19 pandemic, according to reports
Posted: 21/06/2021
Specialist buy-to-let (BTL) lender, Landbay, has announced the launch of its first green mortgage range
Posted: 21/06/2021
The number of equity release products on the market has hit a new high of 769, according to data from Key Partnerships, the equity release referral service arm at Key Group
Posted: 21/06/2021
Anti-money laundering specialist, SmartSearch, has warned firms against rushing through AML checks in a bid to beat the upcoming stamp duty holiday deadline at the end of June
Posted: 21/06/2021
Newcastle Intermediaries has added several new products to its portfolio of Joint Mortgage Sole Proprietor (JMSP) products
Posted: 18/06/2021
Seventy-two per cent of easy access balances, totalling £412.4bn, are earning a rate of 0.1% or less, according to CACI data analysed by Paragon Bank
Posted: 18/06/2021
more2life has urged financial advisers to respond to the FCA’s recent call for a new Consumer Duty by the end of July
Posted: 18/06/2021
Independent Wealth Planners (IWP) has announced the acquisition of Omnium Capital Limited
Posted: 18/06/2021
SimplyBiz Mortgages has announced it is to extend its offering with United Trust Bank (UTB)
Posted: 18/06/2021
A majority 59% of financial advisers believe that regulatory change has altered investment advice, according to a new study from Aegon
Posted: 17/06/2021
Market Financial Solutions (MFS) has announced that an institutional funder has committed £50m of funding to support its recently launched 753 (75-cubed) initiative
Posted: 17/06/2021
Specialist broker, Enterprise Finance, has completed a bridging loan in a turnaround time of just five hours
Posted: 17/06/2021
An estimated 2.3 million adults now hold cryptoassets in the UK, new research published by the FCA has revealed
Posted: 17/06/2021
Sesame Network has launched an exclusive new integration with Mortgage Brain’s CRM system, The Key, as well as with digital identity expert, GBG
Posted: 17/06/2021
Loans Warehouse has been added to Mortgage Advice Bureau’s (MAB) new specialist broker panel
Posted: 17/06/2021
CHL Mortgages has announced a new partnership with Twenty7Tec to offer intermediaries wider access to its product range, following CHL’s return to the specialist buy-to-let (BTL) market
Posted: 17/06/2021
Mortgage Broker Tools (MBT) has launched a new integrated research platform, MBT Research, that will enable brokers to research by affordability, rates, criteria and current service levels
Posted: 16/06/2021
Bluestone Mortgages has reported that the number of cases it received from individual female applicants between October 2020 and March 2021 increased by 38% year-on-year
Posted: 16/06/2021
Smartr365 has announced the launch of a new strategic partnership with Experian
Posted: 16/06/2021
The average UK house price increased by 8.9% over the year to April, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 16/06/2021
Second charge lending totalled £90.0m in May, a rise of £12.4m compared to April, according to the latest Secured Loan Index from Loans Warehouse
Posted: 16/06/2021
Customers with adverse credit are more positive about their prospects for a successful mortgage application than they were six months ago, according to new research by Pepper Money
Posted: 16/06/2021
Financial advisers are expecting a boom in demand for advice on inheritance tax (IHT) planning, new research from The Openwork Partnership has revealed
Posted: 16/06/2021
Dynamo for Intermediaries has announced the appointment of CHL Mortgages following the specialist buy-to-let (BTL) lender’s return to lending earlier this year
Posted: 16/06/2021
A quarter (25%) of over-65s are unaware that they could receive a higher weekly payment or a lump sum by deferring the date they started to receive the State Pension, according to research by Just Group
Posted: 15/06/2021
The Nottingham has introduced a new larger lending mortgage aimed at those looking to borrow over £350,000
Posted: 15/06/2021
Foundation Home Loans has announced it is refreshing its residential product offering to allow first-time buyers access to more of the range
Posted: 15/06/2021
House prices in Scotland fell by 1.5% in April after the Land and Buildings Transaction Tax (LBTT) holiday came to an end in March
Posted: 15/06/2021
Pantheon managing partner Paul Ward discusses private equity and diversity
Posted: 15/06/2021
Bridging lender, London Credit, has announced the launch of a “Fast & Flexible Refurb” product
Posted: 15/06/2021
Just Mortgages has announced it is opening applications for its first training academy specifically dedicated to new build lending
Posted: 15/06/2021
Mortgage search activity by advisers is showing signs that the market is beginning to normalise, according to new findings from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 15/06/2021
A total £75bn was invested into 13 million ISAs during the 2019/20 tax year, representing an average investment of £5,740, new HMRC figures have revealed
Posted: 14/06/2021
Zephyr Homeloans has announced the launch of new 80% LTV mortgages which will be available exclusively through its packager channel
Posted: 14/06/2021
GBST has announced that its Composer platform will continue to power AJ Bell’s business across its advised and direct-to-consumer (D2C) channels following a long-term software contract renewal
Posted: 14/06/2021
Annual house price growth across England and Wales hit 13.4% in May, according to the latest e.surv House Price Index
Posted: 14/06/2021
Eighty-seven per cent of defined contribution (DC) pension members do not understand the importance of having their pension scheme aligned to a net-zero goal, new research has revealed
Posted: 14/06/2021
Newcastle Intermediaries has confirmed that it is re-entering the high LTV mortgage market range
Posted: 14/06/2021
Paradigm Mortgage Services has announced the addition of returning buy-to-let (BTL) lender, CHL Mortgages, to its panel
Posted: 14/06/2021
Yorkshire Building Society has announced reductions to selected rates for its remortgage customers
Posted: 11/06/2021
The UK GDP is estimated to have grown by 2.3% in April, new figures published by the Office for National Statistics (ONS) have revealed
Posted: 11/06/2021
Dudley Building Society has announced the launch of new products aimed at homeowners and landlords looking to improve the Energy Performance Certificate (EPC) rating of their properties
Posted: 11/06/2021
United Trust Bank (UTB) has announced that it will begin offering Recovery Loan Scheme (RLS) facilities of up to £10m
Posted: 11/06/2021
Pepper Money has announced a new partnership with Ecologi to combat climate change
Posted: 11/06/2021
Three in four (76%) UK consumers have been targeted by fraud, according to new findings from TransUnion
Posted: 10/06/2021
House prices in the UK are continuing to rise as new listings fail to keep up with the number of interested buyers, according to new research from the Royal Institution of Chartered Surveyors (RICS)
Posted: 10/06/2021
Broker satisfaction with mortgage lenders has seen a 2.5% increase from 77.8% to 80.3% in the last six months, according to new research from Smart Money People
Posted: 10/06/2021
“Furloughed workers” is no longer among the most searched terms by brokers, new data published by Knowledge Bank has revealed
Posted: 10/06/2021
The average house price has grown almost four times faster than the average maximum loan offered by lenders over the last 12 months, new research from Mortgage Broker Tools (MBT) has revealed
Posted: 10/06/2021
Just 17% of people aged 45 and above say they are very confident they have considered all their retirement funding options, new findings from Air Group have revealed
Posted: 09/06/2021
Anti-money laundering (AML) specialist, SmartSearch, has warned that many businesses may be at risk of being in breach of General Data Protection Regulation (GDPR) rules due to a lack of secure data hosting
Posted: 09/06/2021
The total saving for UK homebuyers from the stamp duty holiday could reach £3.4bn by the end of the deadline, according to new analysis by GetAgent
Posted: 09/06/2021
Online research has overtaken recommendations from friends and family as the way that most people would find a mortgage broker, new research by Pepper Money has revealed
Posted: 09/06/2021
Luxury asset short-term lender, Suros Capital, has signed an origination agreement with specialist business and property finance broker, Bluebox Finance
Posted: 09/06/2021
Foundation Home Loans has announced several new rate reductions across its five-year fixed rate mortgage range for landlord borrowers
Posted: 08/06/2021
Instructions across the remortgage market fell by 16.1% in April, according to new data published by LMS
Posted: 08/06/2021
Ignition and Altus Consulting have launched a blueprint for improving the use of digital capabilities in the financial advice market
Posted: 08/06/2021
Consumer spending increased by 7.6% in May compared to the same period in 2019, as the further lifting of lockdown restrictions encouraged more spending across the UK
Posted: 08/06/2021
Accord Mortgages has become the latest lender to join Mortgage Brain’s multi-lender application and submission gateway, Lendex
Posted: 08/06/2021
Proportunity Loans has become the latest firm to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 08/06/2021
New business conducted across consumer finance jumped by 147% in April compared with the same month last year, according to new figures published by the Finance & Leasing Association (FLA)
Posted: 07/06/2021
Vida Homeloans has extended its maximum loan from £750,000 to £1,000,000 as part of several changes to its limited edition buy-to-let (BTL) product range
Posted: 07/06/2021
Annual house price inflation in the UK is now at its strongest level in almost seven years, the latest Halifax House Price Index has revealed
Posted: 07/06/2021
Almost half (49%) of people between the ages of 16 and 24 are unaware that credit scores are used to check credit card eligibility, according to a new study
Posted: 07/06/2021
Ecology Building Society has announced a raise to the entry criteria for its range of green mortgages for self and custom-build products
Posted: 04/06/2021
The government has announced the launch of its First Homes scheme which will give first-time buyers the chance to apply for a discount of at least 30% on a new-build home
Posted: 04/06/2021
Forty-eight per cent of people are unaware of ‘safe account’ scams and wouldn’t be able to identify one, a recent survey by KIS Finance has found
Posted: 04/06/2021
Mansfield Building Society has launched two new holiday let mortgages up to 70% LTV, to coincide with this year’s rise in UK-based holidays
Posted: 04/06/2021
Black & White Bridging has announced a partnership with fintech specialist, Nivo, to introduce a new app based application process
Posted: 04/06/2021
Twenty7Tec has reported that it recorded its seven busiest ever days for ESIS documents on a seven-day rolling basis in May
Posted: 03/06/2021
Thirty-six per cent of advisers believe the later life lending market will choose technology over paper-based processes when the industry returns to more normal conditions, according to new research conducted by more2life
Posted: 03/06/2021
The remortgage market experienced a strong first quarter driven by rising house prices across the UK, according to new data published by LMS
Posted: 03/06/2021
House purchase lending surged in the first quarter of 2021, new data published by UK Finance has revealed
Posted: 03/06/2021
Bluestone Mortgages has lowered the maximum LTV options available on the top three credit categories across its residential and buy-to-let (BTL) product ranges
Posted: 03/06/2021
Eighty-five per cent of homebuyers believe that the current market bottleneck caused by stamp duty holiday demand has caused their purchase to be delayed, a new study has found
Posted: 03/06/2021
Eighty-one per cent of financial advisers are expecting their level of net assets under management (AUM) to increase over the next 12 months, according to new research from Quilter Financial Planning
Posted: 03/06/2021
Fluent Mortgages has confirmed that it has integrated with Mortgage Brain’s multi-lender application and submission gateway, Lendex
Posted: 02/06/2021
People with prior credit blips have suffered greater financial upheaval than the general population as a result of the pandemic, a study by Pepper Money has found
Posted: 02/06/2021
Conveyancer and panel management specialist, LMS, has announced the launch of a new partnership with Darlington Building Society
Posted: 02/06/2021
COVID-19 has prompted a desire to move into ethical and sustainable investing for more than half (51%) of advised UK adults, research from Prudential UK has found
Posted: 02/06/2021
Net mortgage borrowing across the UK mortgage market fell to £3.3bn in April, down from a record £11.5bn in March, according to new figures published by the Bank of England (BoE)
Posted: 02/06/2021
Twenty7Tec has announced a strategic partnership with augmented intelligence virtual assistant, Meet Parker, which will now be integrated into the CloudTwenty7 platform
Posted: 02/06/2021
Financial advisers estimate that around one in eight clients have suffered financial damage during the COVID-19 pandemic, new research from The Openwork Partnership has revealed
Posted: 02/06/2021
MCI Mortgage Club has announced the launch of a new partnership with Loans Warehouse
Posted: 02/06/2021
The Nottingham for Intermediaries has announced the introduction of a new limited company buy-to-let (BTL) range
Posted: 01/06/2021
Applications for mortgages in May were up by 8% on their pre-pandemic levels from 2019, according to new data released by Experian
Posted: 01/06/2021
Paragon Bank has confirmed it is re-entering the holiday lets and short-term finance markets following the addition of products to their buy-to-let (BTL) mortgage ranges
Posted: 01/06/2021
Newcastle Building Society has announced it is to offer 95% LTV mortgages to buyers of new-build homes under a new mortgage indemnity scheme
Posted: 01/06/2021
The Association of Mortgage Intermediaries (AMI) has expressed “deep concern” at the FCA’s latest fees and levies consultation
Posted: 01/06/2021
Annual house price growth in the UK climbed to 10.9% during May, its highest level in almost seven years, the latest Nationwide House Piece Index has revealed
Posted: 01/06/2021
CHL Mortgages has announced a new distribution partnership with Legal & General Mortgage Club
Posted: 01/06/2021
Lendlord has introduced a ‘Buy to Sell’ deal analyser to help property investors analyse new projects
Posted: 28/05/2021
People’s likelihood of securing credit has jumped ahead of pre-pandemic levels, according to research from Experian
Posted: 28/05/2021
The Association of Mortgage Intermediaries (AMI) has welcomed recent court support for interest-only mortgage cases
Posted: 28/05/2021
Fleet Mortgages has confirmed that it will now lend to limited liability partnerships (LLPs)
Posted: 28/05/2021
Legal & General Mortgage Club has announced the completion of an API led integration with Kensington Mortgages
Posted: 28/05/2021
Paradigm head of mortgages, John Coffield, and managing director of United Trust Bank’s (UTB) Mortgages & Bridging Division, Robert Owen, have today announced their retirements
Posted: 27/05/2021
The government is being urged to make critical changes to its Support for Mortgage Interest (SMI) scheme to ensure thousands of households are helped before their financial situation deteriorates
Posted: 27/05/2021
more2life has announced several updates to its ‘Capital Choice’ product suite as it aims to provide a broader range of lending solutions to later life borrowers
Posted: 27/05/2021
Just over a quarter (27%) of UK adults have indicated that the pandemic has prompted them to seek financial advice, according to new research from MetLife UK
Posted: 27/05/2021
Digital mortgage lender, Molo Finance, has announced a new partnership with the conveyancing panel management specialist for mortgage brokers, lenders and estate agents, Optimus
Posted: 27/05/2021
More than £63m has been lost nationally by victims of investment fraud who referred to a social media platform in their report to Action Fraud, new figures have revealed
Posted: 26/05/2021
The average expected retirement income of those who are planning to finish full-time work has grown by £1,000 in 12 months, despite the impact of the coronavirus pandemic, new research from Key has revealed
Posted: 26/05/2021
A fixation with mortgage interest rates among UK borrowers is leaving them susceptible to thousands of pounds in unexpected costs, according to research from Legal & General Mortgage Club
Posted: 26/05/2021
Fundamental aspects of pensions remain a mystery to many people, according to new research from Royal London, after 27% of people admitted they have never heard of tax relief
Posted: 26/05/2021
First 4 Bridging (F4B) has partnered with Nivo to deliver a secure instant messaging and document gathering service for its intermediary partners and introducers
Posted: 26/05/2021
The government has revealed that HMRC collected £584.3bn in taxes in 2020/2021, a decrease of 7.8% from the year before
Posted: 25/05/2021
West One Loans has announced new product and criteria enhancements to its Apex 1 second charge mortgage range, including a move to raise the LTV from 80% to 85%
Posted: 25/05/2021
New bridging applications totalled £7.49bn in the first quarter of the year, new statistics published by the Association of Short-Term Lenders (ASTL) have revealed
Posted: 25/05/2021
One in three (31%) clients are likely to be affected by the frozen inheritance tax (IHT) thresholds, according to a survey among financial advisers from Octopus Investments
Posted: 25/05/2021
One in 10 mortgage applicants have been rejected by lenders because they had taken advantage of loan repayment holidays in the past, a new study has revealed
Posted: 25/05/2021
Smartr365 has launched a new feature to its platform in a bid to improve lead conversion and boost broker business performance
Posted: 24/05/2021
Market Financial Solutions (MFS) has launched a new initiative designed to fast-track residential property deals in the coming months
Posted: 24/05/2021
SimplyBiz Mortgages and Key Group have announced the launch of a new proposition to support SimplyBiz members operating in the later life lending market
Posted: 24/05/2021
Impact Specialist Finance has been reappointed to the Sesame Bankhall Group (SBG) approved specialist lending panel of master brokers
Posted: 24/05/2021
CHL Mortgages has announced the addition of New Leaf to its select distribution panel
Posted: 24/05/2021
April saw 117,860 residential property transactions across the UK, according to new figures published by HMRC
Posted: 21/05/2021
MPowered Mortgages has become the latest lender to go live on Mortgage Brain’s criteria-based sourcing solution, Criteria Hub
Posted: 21/05/2021
The Office for Tax Simplification (OTS) has issued a second report on Capital Gains Tax (CGT)
Posted: 21/05/2021
The winners of the Asset Management Awards 2021 were announced last night via a special video broadcast
Posted: 21/05/2021
Accord Mortgages has announced that it is adding new build options to its 90% LTV mortgage range
Posted: 21/05/2021
Satisfaction among mortgage brokers in terms of how quickly lenders are processing applications through to offer has increased by 6.5% since H2 2020, according to new research from Smart Money People
Posted: 20/05/2021
Yolt Technology Services head of UK sales Jack Tenwick explains the open banking 'Moneyball' approach
Posted: 20/05/2021
Customers aged 55 and over are finding it harder to secure a mortgage for the amount they require than customers who are self-employed, new findings from Mortgage Broker Tools (MBT) have revealed
Posted: 20/05/2021
Digital advice technology provider, Ignition, has announced it is launching into the UK market to offer digital advice solutions for financial services clients
Posted: 20/05/2021
Criteria searches for lenders willing to consider borrowers with unsatisfied defaults rose by 108% last month, according to data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 20/05/2021
Vida Homeloans has announced the introduction of a limited edition remortgage-only five-year fixed rate product
Posted: 20/05/2021
Phoebus Software Limited (PSL) has selected Six Degrees as the latest provider within the PSL Partnership Programme
Posted: 20/05/2021
BuildLoan has joined the lending panel of the newly launched mortgage club of The Money Group, TMG Club
Posted: 20/05/2021
The average house price in Scotland has risen by 11.2% over the last year, according to the latest Walker Fraser Steele Acadata House Price Index (Scotland)
Posted: 19/05/2021
Mortgage Brain has confirmed that its affordability based sourcing solution, Affordability Hub, has been integrated into its desktop sourcing solution, MortgageBrain Classic
Posted: 19/05/2021
Inflation has jumped to 1.5% in the year to April, having climbed from 0.7% a month earlier, new figures published by the Office for National Statistics (ONS) have revealed
Posted: 19/05/2021
Brilliant Solutions has announced the addition of Newbury Building Society to its mortgage club
Posted: 19/05/2021
The average UK house price increased by 10.2% over the year to March, the highest annual growth rate the UK has seen since August 2007
Posted: 19/05/2021
United Trust Bank (UTB) has secured an ENABLE Build guarantee via the British Business Bank
Posted: 19/05/2021
Impact Specialist Finance has been appointed by Mojo Mortgages as a referral partner for customers with a complex scenario or poor credit history
Posted: 19/05/2021
UK estate agents have generated an estimated £2.7bn in agency fees since the introduction of the stamp duty holiday last year, new research has revealed
Posted: 18/05/2021
The Mortgage Lender (TML) has announced the launch of a limited edition £100m five-year fixed buy-to-let (BTL) product
Posted: 18/05/2021
The total amount of ground rents paid on an annual basis across England could sit as high as £1.44bn, according to estimations from StripeHomes
Posted: 18/05/2021
The average spend on UK credit cards in March was 9% lower than it was in the same month last year, data published by FICO has revealed
Posted: 18/05/2021
MoneyAge is delighted to announced that O’Neill Patient is sponsoring The Mortgage Awards 2021
Posted: 18/05/2021
SmartSearch has confirmed it is entering the non-regulated market with a new product launch
Posted: 18/05/2021
Twenty7Tec has announced that it has integrated with aggregated property data solutions provider, WhenFresh
Posted: 18/05/2021
Smartr365 has announced it is expanding its integration with Halifax Intermediaries
Posted: 18/05/2021
The housing market in Wales continued to set new records in the first quarter of the year as the average Welsh house price reached £212,751, the latest Wales House Price Index from Principality Building Society has revealed
Posted: 17/05/2021
Yolt Technology Services (YTS) has announced the launch of an open banking-powered tool to improve affordability checks
Posted: 17/05/2021
The FCA has announced new plans to stop the practice of ‘claims management phoenixing’
Posted: 17/05/2021
Delays on policy decisions have cost lower earners nearly £150m in pension funds, according to new calculations from Quilter
Posted: 17/05/2021
Confidence among intermediaries for the outlook for the mortgage industry, the intermediary sector and their own businesses increased significantly in the first three months of 2021, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 17/05/2021
Rising house prices have helped older homeowners to release more than £1bn in property wealth during the first three months of the year, new data from Key has revealed
Posted: 17/05/2021
CHL Mortgages has announced the launch of a new buy-to-let (BTL) product range with a limited group of directly authorised brokers and selected packager partners
Posted: 17/05/2021
Thirty-four per cent of landlords have recently purchased another buy-to-let (BTL) property or intend to buy one within the next nine months, new research has revealed
Posted: 17/05/2021
House prices in England and Wales have climbed by 11.7% in the last year, according to the latest e.surv House Price Index
Posted: 14/05/2021
The Financial Services Compensation Scheme (FSCS) has revised its levy forecast for 2021/22 to £833m, a reduction from the initially forecast levy for the year of £1.04bn
Posted: 14/05/2021
Seven in 10 (70%) authorised push payment (APP) scam cases originate on an online platform, according to new research from UK Finance
Posted: 14/05/2021
PRIMIS Mortgage Network and Eligible.ai have agreed a new partnership that will give the network’s appointed representative (AR) brokers access to Eligible’s personalised client engagement platform, Retain
Posted: 14/05/2021
Sesame Bankhall Group (SBG) has launched a new specialist lending panel of six brokers for PMS Mortgage Club and Sesame Network members
Posted: 14/05/2021
Mortgage arrears remain near to the historically low levels seen at the end of 2020 as a direct result of payment deferrals and other tailored forbearance, new data published by UK Finance has revealed
Posted: 13/05/2021
A new tech provider, Comentis, has launched to support FCA regulated businesses in the identification of client vulnerability
Posted: 13/05/2021
The Digital Secretary, Oliver Dowden, has confirmed that the government’s Online Safety Bill is to include financial scams
Posted: 13/05/2021
The Organisation for Economic Cooperation and Development (OECD) has called for Inheritance Tax (IHT) to rise in the wake of the coronavirus pandemic
Posted: 13/05/2021
A total of 21,026 properties were bought with a Help to Buy equity loan in the fourth quarter of 2020, an increase of 40% from the same period in 2019, new figures published by HMRC have revealed
Posted: 13/05/2021
A slowdown in the supply of new homes in April has seen price growth accelerate across the UK, according to the latest RICS Residential Market Survey
Posted: 13/05/2021
The number of people choosing to share their data through open banking has tripled since the start of the coronavirus pandemic, according to new statistics from Experian
Posted: 13/05/2021
MCI Mortgage Club has announced a new surveying referral partnership with Home Survey Centre
Posted: 13/05/2021
A quarter of 45-54-year olds would say that their total amount of debt has increased over the past 12 months, according to new research from Aviva
Posted: 12/05/2021
360 Dotnet and Twenty7Tec have announced an enhancement to their integration to help advisers source and secure mortgages
Posted: 12/05/2021
Fleet Mortgages has announced it has cut the rates on its 75% LTV pay-rate products
Posted: 12/05/2021
The UK GDP fell by 1.5% in the first quarter of 2021, new figures from the Office for National Statistics (ONS) have revealed
Posted: 12/05/2021
Second charge lending totalled £77.6m in April, a £13.8m decrease compared to March, according to the latest Secured Loan Index from Loans Warehouse
Posted: 12/05/2021
Accord Mortgages has strengthened its 95% LTV mortgage range by introducing two new two-year fixed rate products and reducing the rate of its five-year fixed rate
Posted: 12/05/2021
Mortgage Broker Tools (MBT) and SimplyBiz Mortgages have announced a partnership which will provide the mortgage club’s members with access to the MBT Affordability platform
Posted: 12/05/2021
Forty-three per cent of parents have admitted they never discuss later life planning with their children, according to new research from Schroders Personal Wealth (SPW)
Posted: 11/05/2021
Mortgage Brain has extended its partnership with Harpenden Building Society, taking on the provision of the criteria pages on its intermediary-facing website
Posted: 11/05/2021
A quarter (25%) of people between the ages of 55 and 64 are still not aware of pension freedoms, despite the reforms being introduced more than six years ago, new research from Fidelity International has revealed
Posted: 11/05/2021
The Treasury has announced the £1.1bn sale of part of the government’s shareholding in NatWest Group
Posted: 11/05/2021
MCI Mortgage Club has announced the addition of United Trust Bank (UTB) to its panel
Posted: 11/05/2021
One Mortgage System (OMS) has partnered with secure mobile messaging platform, Nivo, to offer facial recognition ID verification
Posted: 11/05/2021
Twenty7Tec has announced that it has completed an APPLY integration with Accord Mortgages
Posted: 11/05/2021
The Institute for Fiscal Studies (IFS) has encouraged savers to substantially increase the proportion of earnings they set aside for retirement through their working life
Posted: 10/05/2021
The current stamp duty relaxation has so far triggered a 7% rise in house prices from June 2020 to February 2021, according to new analysis by Search Acumen
Posted: 10/05/2021
Rachel Reeves has been appointed as the new Shadow Chancellor as part of a raft of changes to the Labour Party’s Shadow Cabinet
Posted: 10/05/2021
A growing number of the intermediary sector has revealed their overall level of mental wellbeing is of “concern”, new findings from Crystal Specialist Finance (CSF) have revealed
Posted: 10/05/2021
Sixty-five per cent of investors would prioritise responsible investing over a desire to “simply maximise” their financial return, according to new findings from Close Brothers Asset Management
Posted: 10/05/2021
House prices across the UK climbed by 1.4% in April compared to March, according to the latest Halifax House Price Index
Posted: 10/05/2021
Equity available for release in UK homes exceeded the £650bn mark for the first time in the first quarter of 2021, new analysis from Canada Life has revealed
Posted: 10/05/2021
The Chartered Institute of Taxation (CIOT) has welcomed the government’s decision to amend the current Finance Bill to pay interest to businesses where VAT repayments are delayed due to an enquiry by the tax authority
Posted: 07/05/2021
Quilter has announced it will offer free mental health talks for financial advisers to mark Mental Health Awareness Week
Posted: 07/05/2021
A coalition of 17 organisations has written a joint letter to the Home Secretary and Digital Secretary urging the government to include online scams in its proposed Online Safety Bill
Posted: 07/05/2021
Twenty7Tec has reported that its 12 busiest ever days for ESIS documents for 95% LTV and above products were recorded in April
Posted: 07/05/2021
Ipswich Building Society has announced it will no longer be operating ‘later life’ mortgages aimed solely at over 50s
Posted: 07/05/2021
The Bank of England (BoE) has confirmed that its base interest rate is to remain at 0.1%
Posted: 06/05/2021
Sapien Capital has been fined £178,000 by the FCA for failings which led to the risk of facilitating fraudulent trading and money laundering
Posted: 06/05/2021
March saw a 17.2% increase in instruction volumes across the remortgage market, the latest LMS Monthly Remortgage Snapshot has revealed
Posted: 06/05/2021
SimplyBiz has announced the launch of a new online protection hub
Posted: 06/05/2021
“Soft footprint at DIP stage” was the most searched criteria term by brokers in the residential market during April, according to new research from Knowledge Bank
Posted: 06/05/2021
Vida Homeloans has announced it is introducing limited edition 85% LTV two and five-year fixed rates to its Vida 1 residential range
Posted: 06/05/2021
Darlington Building Society has become the latest lender to join MCI Mortgage Club’s lender panel
Posted: 06/05/2021
Saffron Building Society has announced the launch of a new partnership with the Brilliant Solutions Mortgage Club
Posted: 05/05/2021
Workers on the lowest salaries with more than one job are losing out on £76m a year in employer pension contributions due to an “unfair” system, according to a new study from Scottish Widows
Posted: 05/05/2021
Foundation Home Loans has cut the product fees on three of its “limited edition” limited company buy-to-let (BTL) products
Posted: 05/05/2021
The Prime Central London (PCL) residential property market in 2020 experienced the lowest volume of annual sales transactions on record, according to data analysed by London Central Portfolio
Posted: 05/05/2021
The FTSE 350 pension scheme deficits fell in April as the UK started to emerge from its national lockdown, the latest Pensions Risk Survey from Mercer has revealed
Posted: 05/05/2021
First 4 Bridging (F4B) has announced the launch of a “semi-exclusive” buy-to-let (BTL) product with Castle Trust Bank
Posted: 05/05/2021
Twenty7Tec has announced that Halifax Intermediaries has been added to its APPLY module
Posted: 05/05/2021
Redwood Bank has announced it has successfully completed a loan to assist the complex acquisition of 91 properties
Posted: 04/05/2021
Independent Wealth Planners (IWP) has confirmed the purchase of Professional Wealth Management (PWM)
Posted: 04/05/2021
People struggling with debt problems will be supported through a new debt respite scheme that has been launched by the Treasury today
Posted: 04/05/2021
Net mortgage borrowing hit £11.8bn in March, new data published by the Bank of England (BoE) has revealed
Posted: 04/05/2021
The number of people with multiple pension pots has climbed by 11% in the last five years, new research from Aegon has revealed
Posted: 04/05/2021
CHL Mortgages has announced its return to lending as an intermediary-only specialist buy-to-let (BTL) lender after 13 years
Posted: 04/05/2021
TMA Club has announced a new partnership with Direct Life’s specialist protection service, LifeQuote
Posted: 04/05/2021
The total number of Stamp Duty Land Tax (SDLT) transactions in the first quarter of 2021 saw a 48% rise from the same period in 2020, new figures from HMRC have revealed
Posted: 30/04/2021
UK Finance has called for cross-sector collaboration to stop authorised push payment (APP) scams, after announcing a change to the process of reimbursing ‘no blame’ cases under the voluntary industry code
Posted: 30/04/2021
Users of Mortgage Brain’s criteria-based sourcing solution, Criteria Hub, will now be able to include Central Trust in their searches
Posted: 30/04/2021
The first three months of 2021 have seen £2.6bn withdrawn from pensions flexibly, according to new HMRC data
Posted: 30/04/2021
A total £1.14bn in property wealth has been released by equity release customers in the first three months of 2021, new figures from the Equity Release Council (ERC) have revealed
Posted: 30/04/2021
Annual house price growth rebounded to 7.1% during April, a level up from 5.7% in March, according to the latest Nationwide House Price Index
Posted: 30/04/2021
Just Mortgages has reported that its lending figures increased by 59% to £3.5bn in 2020, with profits up by 20%
Posted: 30/04/2021
The FCA has published proposals to strengthen its financial promotion rules for high-risk investments, to help retail investors make more effective decisions
Posted: 29/04/2021
Banking software provider, DPR, has secured Hampshire Trust Bank (HTB) as the latest lender set to adopt its savings solution for origination and servicing
Posted: 29/04/2021
Forty-four per cent of working aged women with a workplace or a private pension have taken action regarding their pension in light of hearing about the gender pensions gap, according to new research published by Barnett Waddingham
Posted: 29/04/2021
HMRC is set to start collecting data on cryptocurrency holdings from taxpayers it suspects of tax evasion and avoidance, according to UHY Hacker Young
Posted: 29/04/2021
Fintech firm, Monva, has announced the launch of a personal loans comparison service
Posted: 29/04/2021
Iress and more2life have have announced they are extending their integration to launch real-time equity release KFIs
Posted: 29/04/2021
MCI Mortgage Club has announced the addition of Newbury Building Society to its panel of lenders
Posted: 29/04/2021
Smartr365 has added voice assistant and smart device integrations to its broker retention tool, SmartrRetain
Posted: 28/04/2021
Specialist Financial Services has been appointed as a packager for Roma Finance
Posted: 28/04/2021
More than one in 10 (14%) working over-55s have flexibly accessed their pension over the last year, according to a Canada Life survey
Posted: 28/04/2021
The volume of searches on Legal & General Mortgage Club’s SmartrCriteria tool jumped by 17% in March compared to the previous month
Posted: 28/04/2021
Seventy-two per cent of UK savers would say they are “not confident enough” to try investing their money, new research from Wealthify has revealed
Posted: 28/04/2021
SimplyBiz has confirmed that it will be working with the recently launched independent Financial Vulnerability Taskforce
Posted: 28/04/2021
Vida Homeloans has announced the introduction of an 80% LTV five-year fixed fee special to its buy-to-let (BTL) range at 4.34%
Posted: 28/04/2021
more2life has launched a new 58% LTV product, Prime Max Lump Sum, which it says currently offers the highest LTV in the equity release market
Posted: 27/04/2021
Almost £150bn-worth of home sales took place across the UK in the first 15 weeks of this year, according to a property website, nearly double the value of homes sold subject to contract in the same period in 2020 and 2019
Posted: 27/04/2021
Women in some areas of the country are retiring with a pension pot that is almost half (49.6%) the size of men’s pension savings, research from Profile Pensions has revealed, with “significant differences” across the UK
Posted: 27/04/2021
The incomes of newly retired workers are expected to fall at a much more dramatic rate over the coming decades than previously anticipated, with research from LCP warning of a potential "ski slope of doom" and prompting calls for "urgent action" in light of this
Posted: 27/04/2021
ESG pensions made simple: “Impartial, whole of market ESG pension advice for no more than 0.92% per year including advice, platform and fund charges”
Posted: 27/04/2021
New plans supported by over £150m in new government funding will make it easier and more affordable for people to build their own homes, the Housing Secretary Robert Jenrick has announced
Posted: 26/04/2021
Standard Life Aberdeen is to change its name to Abrdn
Posted: 26/04/2021
Pepper Money has recruited Cavina Harrison as regional development manager for the South West
Posted: 26/04/2021
Sixteen per cent of people in the UK took out products from building societies over the past 12 months, as a result of the COVID-19 pandemic and its impact on how people view their finances
Posted: 26/04/2021
PRIMIS Mortgage Network’s product desk supported Appointed Representative (AR) advisers with 2,823 queries during March – an all-time record for the network’s product desk
Posted: 26/04/2021
Foundation Home Loans has launched a new suite of residential products
Posted: 23/04/2021
The pension industry has again called for further clarity from The Pensions Regulator (TPR) regarding its new criminal sanction powers, arguing that the policy will create “very problematic consequences”
Posted: 23/04/2021
Industry experts have urged the government to take a simpler approach to its proposed plans to increase the normal minimum pension age (NMPA), with a number of alternative implementation approaches suggested
Posted: 23/04/2021
Molo Finance has announced a new partnership with Uinsure to offer digital insurance solutions for the buy-to-let (BTL) market
Posted: 22/04/2021
More than eight out of 10 brokers use the affordability calculators of up to six lenders when sourcing a single case, according to new research by Mortgage Brain
Posted: 22/04/2021
Annual house price growth in Scotland reached 9.6% during February, according to the latest Scotland House Price Index from Walker Fraser Steel
Posted: 22/04/2021
More than a quarter of UK adults (26%) have been prompted into action or consideration on their will since the first UK lockdown, new research from Canada Life has revealed
Posted: 22/04/2021
Action Fraud has warned savers to remain vigilant and protect their pensions, as figures from the national reporting centre for fraud and cyber crime revealed £1.8m has already been lost to pension fraud this year
Posted: 22/04/2021
The average easy access balance has continued its upward trajectory during lockdown and exceeded a record £11,000, according to analysis by Paragon Bank
Posted: 22/04/2021
One Mortgage System (OMS) has been adopted by The Dragon Network and Dragon Finance
Posted: 22/04/2021
Eighty-one per cent of industry figures across the financial services sector believe the concept of digital ID would improve the effectiveness of financial crime prevention, a new study has found
Posted: 21/04/2021
Ocean Finance has announced the launch of a fully branded version of Nivo’s secure messaging service
Posted: 21/04/2021
There were 190,980 residential transactions across the UK property market in March, new HMRC data has revealed
Posted: 21/04/2021
The average UK house price increased by 8.6% over the year to February, a figure up from 8.0% in January, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 21/04/2021
The average spend on credit cards fell by £33 to £547 in February, with sales 16% lower than a year ago, new figures from FICO have indicated
Posted: 21/04/2021
Burrow has announced that financial services software provider, Iress, has signed a partnership to include the Burrow on-boarding and qualification tool as part of its intermediary proposition
Posted: 21/04/2021
Vernon Building Society has announced a new partnership with The Money Group’s new mortgage club, TMG Club
Posted: 21/04/2021
The Association of Mortgage Intermediaries (AMI) has criticised the FCA’s latest consultation on regulated fees and levies
Posted: 20/04/2021
Evolution Money has reported a significant uptake from smaller brokerages submitting cases for the first time during March
Posted: 20/04/2021
Outstanding balances on credit card accounts have contracted by 20.7% over the 12 months to January, according to new figures published by UK Finance
Posted: 20/04/2021
Nationwide is to launch a new mortgage that will enable first-time buyers the option of borrowing up to 5.5 times their income when taking a five or 10-year fixed rate up to 90% LTV
Posted: 20/04/2021
Eighty-seven per cent of first-time buyers can now afford a housing deposit above £15,000, according to new findings from Trussle
Posted: 20/04/2021
First 4 Bridging (F4B) has partnered with Roma Finance to offer its introducers and intermediary partners access to a semi-exclusive bridging loan
Posted: 20/04/2021
Paradigm Mortgage Services has announced the addition of new lender, MPowered Mortgages, to its panel
Posted: 20/04/2021
The Financial Ombudsman Service has announced the appointment of Nausicaa Delfas as its interim chief executive and chief ombudsman
Posted: 19/04/2021
A monthly price surge of 2.1% equivalent to £6,733 has propelled new seller asking prices to a new record high, according to the latest Rightmove House Price Index
Posted: 19/04/2021
Aspen Bridging has announced the completion of a deal for a complex mixed commercial in London using a desktop valuation
Posted: 19/04/2021
Legal & General Home Finance has announced that it will offer an exclusive Retirement Interest Only (RIO) mortgage through Legal & General Mortgage Club
Posted: 19/04/2021
Over-65s have seen their property wealth increase by more than £561 a month, according to the latest Pensioner Property Index from Key
Posted: 19/04/2021
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Mortgage Insider Podcast Series 2 Episode 10: Building Resilience with Peter Brodnicki
We join Peter Brodnicki, CEO and co-founder of the Mortgage Advice Bureau, to reflect on the value of resilience in business. He tells us about lessons learned during his career, the challenges he’s faced since starting MAB 20 years ago and why it’s important to take risks and disrupt your own business.
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