Archive News

Nearly three-quarters (72%) of Gen X parents who have their adult children living with them said they give them financial support, Just Group has found
Posted: 24/7/2024
Hampshire Trust Bank (HTB) has completed a £12.5m loan facility to support the development of the first designer shopping centre outlet village in the North East
Posted: 24/7/2024
Over four in five (84%) consumers have reported no improvement in how financial providers treat them following the implementation of Consumer Duty by the Financial Conduct Authority (FCA) last year, Smart Money People has reported.

Consumer Duty was introduced in July 2023 in order to set out requirements for firms to follow to deliver good outcomes for their customers, while providing support to vulnerable consumers
Posted: 24/7/2024
Today's round up of developments coming out of the consumer finance space, featuring KSEYE, Just Mortgages and Landbay
Posted: 24/7/2024
Which? has called on the Financial Conduct Authority (FCA) to crack down on insurers that are causing "significant harm" to consumers during the claims process.

A report by the consumer champion revealed that almost half (48%) of all people making a claim about home, travel, motor and pet insurance experienced at least one problem in their claim journey
Posted: 23/7/2024
More than half (54%) of UK retirees expect to work longer than they would like, by an average of seven years, Scottish Widows has revealed
Posted: 23/7/2024
One Mortgage System (OMS) has integrated with the bank payment company, GoCardless, to help simplify and accelerate the payment process for its growing userbase
Posted: 23/7/2024
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Hanley Economic Building Society and Market Financial Solutions
Posted: 23/7/2024
The volume of lending for buy-to-let (BTL) house purchases has more than halved over the course of 2023, with the number of new mortgage loans being granted dropping from 25,280 in Q4 2022 to 12,422 in Q1 2024
Posted: 22/7/2024
LHV Bank has recently provided a £750,000 loan for the purchase and refurbishment of a 62-bed care home in the north of England
Posted: 22/7/2024
Today's round up of developments coming out of the consumer finance space, featuring ModaMortgages, The Mortgage Works and Castle Trust Bank
Posted: 22/7/2024
Just 6% of independent financial advisers (IFAs) have said they currently use artificial intelligence (AI) tools in their service to clients, despite half (49%) thinking that it presents an opportunity for their business
Posted: 22/7/2024
Dudley Building Society has become the first regional building society in the UK to achieve B Corp certification
Posted: 19/7/2024
Today's round up of developments coming out of the consumer finance space, featuring Butterfield Mortgages, Accord Mortgages and Halifax
Posted: 19/7/2024
Inheritance tax (IHT) receipts have reached £2.1bn between April and June 2024, an increase of £83m on the same period last year
Posted: 19/7/2024
April Mortgages has signed a new partnership with mortgage advice firm, Coreco
Posted: 19/7/2024
Premium Credit has said that it anticipates more firms to take up its finance option that allows for regulated firms to spread the cost of their annual fees to the Financial Conduct Authority (FCA)
Posted: 18/7/2024
Acre has reported that its platform usage has doubled in the past year, following the introduction of Consumer Duty
Posted: 18/7/2024
A cut to the Bank of England’s (BoE) base rate is set to wait another month, after inflation remained at 2% for a second consecutive month, Quilter has stated
Posted: 18/7/2024
Today's round up of developments coming out of the consumer finance space, featuring Target Group, Hampshire Trust Bank and Mansfield Building Society
Posted: 18/7/2024
Nearly three in five (57%) UK consumers admit to keeping the majority of their money in current accounts rather than savings accounts, with some stating concerns about not being able to access money, Chase has found
Posted: 17/7/2024
The King’s Speech has outlined Government proposals to "get Britain building", as the Labour Party looks to uphold its promise to reform the system in order to build 1.5 million new homes over the next five years.

In the opening of Parliament, King Charles III said that through planning reform, the Government will "accelerate the delivery of high-quality infrastructure and housing"
Posted: 17/7/2024
Today's round up of developments coming out of the consumer finance space, featuring April Mortgages, MPowered Mortgages and Accord Mortgages
Posted: 17/7/2024
Inflation rose by 2% in the 12 months to June, holding steady at the Bank of England’s (BoE) target for the second consecutive month
Posted: 17/7/2024
Equity Release Group (ERG) has announced a new partnership with Responsible Lending, the exclusive provider of the Royal London Equity Release product range
Posted: 16/07/2024
Hampshire Trust Bank’s (HTB) development finance division has set a new completions record in June, marking the most successful month in the department’s history
Posted: 16/07/2024
PIMFA has laid out a five-year agenda for the course of the new Government to seek wealth creation and help the UK achieve economic growth
Posted: 16/07/2024
The number of savings products available on the market has breached the 2,000 mark for the first time in 12 years, new analysis from Moneyfacts has indicated
Posted: 16/07/2024
One in five (20%) employed people do not have a pension, as the cost of living continues to affect later life savings, Flagstone has revealed
Posted: 16/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Chorley Building Society, Loughborough Building Society and Foundation Home Loans
Posted: 16/07/2024
Defaqto has agreed a deal to conditionally acquire RSMR as part of a move to extend its fund research and ratings capabilities for financial services and investment professionals.
Posted: 16/07/2024
Twenty7tec has partnered with Ecology Building Society by adding the firm to its SOURCE module
Posted: 15/07/2024
Hampshire Trust Bank (HTB) has completed a £25m deal with GMV Twelve for a new neighbourhood in Leeds
Posted: 15/07/2024
The average closed easy access account rate has been lower than the live equivalent over the past two years, according to analysis by Moneyfacts
Posted: 15/07/2024
More than one in five (22%) workers have said they have never heard of salary sacrifice for their pension, Scottish Widows has revealed
Posted: 15/07/2024
The British Business Bank has agreed a second portfolio increase of £100m to specialist commercial lender DF Capital’s existing ENABLE Guarantee facility
Posted: 15/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Spring Finance, RAW Capital Partners and Aldermore
Posted: 15/07/2024
Rosemount Financial Solutions (IFA) has entered into a strategic partnership with 7IM
Posted: 15/07/2024
Try Mortgage Network (TMN) has announced a new partnership with insurance technology platform, UnderwriteMe
Posted: 12/07/2024
Hampshire Trust Bank (HTB) has made four new appointments to its bridging team
Posted: 12/07/2024
Söderberg & Partners has announced three more investments into UK-based independent financial adviser (IFA) firms
Posted: 12/07/2024
Inspired Lending has announced that it is now lending in Scotland
Posted: 12/07/2024
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, London Credit and The Right Mortgage & Protection Network
Posted: 12/07/2024
Legal & General (L&G) has increased exposure to housing associations within its private credit portfolio by investing £75m of funding to Cottsway Housing Association Limited
Posted: 11/07/2024
KSEYE has completed a £14.25m development exit loan at 75% LTV, taking the bridging lender’s cumulative lending to nearly £800m
Posted: 11/07/2024
More support is needed to “level the playing field” when it comes to wealth generation in the UK, according to savings and investment platform, Moneybox
Posted: 11/07/2024
GDP has increased by 0.4% in May after showing no growth in the previous month, the Office for National Statistics (ONS) has reported
Posted: 11/07/2024
Today's round up of developments coming out of the consumer finance space, featuring CHL Mortgages, Buy to Let by Foundation and Alternative Bridging Corporation
Posted: 11/07/2024
The Financial Conduct Authority is overhauling its listing rules in an effort to boost growth in the UK stock markets
Posted: 11/07/2024
House prices in Scotland have increased by 0.3% month-on-month in May, as the average price for a property reached a third consecutive record of £225,636, Walker Fraser Steele has found
Posted: 11/07/2024
SimplyBiz Mortgages has partnered with Marsden Building Society for an exclusive product launch
Posted: 10/07/2024
The trustees of the Institution of Civil Engineers (ICE) Staff Retirement Benefits & Life Assurance Scheme have completed a £35m full scheme buy-in with Aviva, covering the benefits of all 300 members of the scheme
Posted: 10/07/2024
Card spending dropped by 0.6% year-on-year in June, which is the first decline in this figure since February 2021, Barclays has revealed
Posted: 10/07/2024
Green Mortgages has launched a new partnership with Propflo to introduce a “one-stop-shop” for green home improvements
Posted: 10/07/2024
The majority (85%) of buy-to-let (BTL) landlords plan to raise rents on their properties in the next 12 months, Landbay has found
Posted: 10/07/2024
Experian has announced that Lloyds Banking Group has become the latest partner of its Support Hub service
Posted: 10/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Pepper Money and Broker Conveyancing
Posted: 10/07/2024
Over two fifths (41%) of customers have said they still haven’t noticed any changes to their treatment since Consumer Duty was introduced a year ago, Moneyhub has found
Posted: 09/07/2024
CLSQ has launched a new solution that provides UK mortgage lenders with real-time access to Energy Performance Certificate (EPC) data
Posted: 09/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, The OneFamily Group and Skipton Building Society
Posted: 09/07/2024
New business volumes across consumer finance fell year-on-year by 2% in May, new figures published by the Finance & Leasing Association (FLA) have indicated
Posted: 09/07/2024
The number of searches for remortgage products fell by 7.3% month-on-month in June, and annual searches dropped by almost a quarter (24.8%), Twenty7tec has found
Posted: 09/07/2024
House prices in England and Wales have fallen by 1.6% annually, with the average house price across the two nations standing at £360,175, e.surv has found
Posted: 09/07/2024
Prime property finance company CapitalRise has signed a new £30m funding line with an unnamed UK bank
Posted: 09/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Dudley Building Society, Norton Home Loans, Alternative Bridging Corporation and Hinckley & Rugby for Intermediaries
Posted: 08/07/2024
Rachel Reeves has confirmed that the new Labour Government will bring back compulsory housebuilding targets in her first speech as the new Chancellor
Posted: 08/07/2024
The Financial Intermediary & Broker Association (FIBA) has launched a new partnership with Grant Thornton’s financial services deals team
Posted: 08/07/2024
The British Business Bank has launched a new scheme to help smaller businesses access the finance they need to invest and grow
Posted: 08/07/2024
The Leprosy Mission Central Pension Scheme has completed a £21m buy-in with Legal and General, insuring the benefits of 197 retirees and 88 deferred members
Posted: 05/07/2024
Keir Starmer will become the next Prime Minister after the Labour Party swept aside the Conservatives in a landslide General Election victory overnight
Posted: 05/07/2024
The change in house prices remained "relatively flat" month-on-month in June, with prices dropping by 0.2%, Halifax has revealed
Posted: 05/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Accord Mortgages and Crystal Specialist Finance
Posted: 05/07/2024
Elston Consulting has launched new general investment account (GIA) model portfolios for financial advisers
Posted: 04/07/2024
Almost one in five (19%) wealth firms have lost clients due to poor complaints procedures, Simplify Consulting has revealed
Posted: 04/07/2024
The Menzies Pension Fund has completed a £260m buy-in with Just Group, securing the benefits of around 3,000 members, including almost 1,400 pensioners and over 1,650 deferred members
Posted: 04/07/2024
Mortgage Intelligence has added Mortgage Brain’s Criteria Brain and Affordability Brain software to its suite of free tools for network members
Posted: 04/07/2024
Aspen has secured a near £4m refurbishment bridge for an Egyptian national with a resume of multi-million pound high-end developments
Posted: 04/07/2024
Four fifths (80%) of financial advisers have said they believe that the introduction of Consumer Duty has made it harder for them to service more clients, the lang cat has revealed
Posted: 04/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Broadstone, Residential by Foundation and Phoebus
Posted: 04/07/2024
One in five prospective homebuyers (22%) are planning to make their homes more energy efficient in the hope of securing more favourable mortgage deals, according to new research by Mortgage Advice Bureau (MAB)
Posted: 03/07/2024
Tuscan Capital has completed a £2.1m mid-term loan for two mixed-use properties in the Midlands
Posted: 03/07/2024
An estimated £858.5bn of cash held in adult savings accounts is now growing in real terms after the rate of inflation fell in June, according to research from Paragon Bank
Posted: 03/07/2024
A third (34%) of aspiring first-time buyers (FTBs) believe that Labour is the party best placed to support them in sourcing homeownership, Moneybox has revealed
Posted: 03/07/2024
Over half of landlords treat the management of their properties as a full-time job, Landbay has found
Posted: 03/07/2024
The Personal Investment Management & Financial Advice Association (PIMFA) has called on the Financial Ombudsman Service (FOS) to address the “economic imbalance” between claims management companies and the financial services sector
Posted: 03/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Target Group, The Mortgage Works and Accord Mortgages
Posted: 03/07/2024
The NSK Pension Scheme has completed a £309m buy-in with M&G, securing the defined benefit (DB) pension liabilities for around 3,700 members of NSK’s UK pension scheme
Posted: 02/07/2024
More than half of UK-based investors are dissatisfied with the performance of their investments in the past 12 months, with geopolitical conflicts and high inflation listed as major challenges, RAW Capital Partners has found
Posted: 02/07/2024
Over half (56%) of people believe that public spending should be increased, even if it means tax rises for households like their own, abrdn Financial Fairness Trust has found
Posted: 02/07/2024
The total average rental yield in England and Wales rose to 7.6% in the second quarter, according to new figures published by Fleet Mortgages
Posted: 02/07/2024
Trading platform and fintech group, Capital.com, has launched a new partnership with charting and analytical tools provider, TradingView
Posted: 02/07/2024
MPowered Mortgages has reported that its AI-powered chatbot, Criteria Genius, has been able to solve three in five (60%) broker queries
Posted: 02/07/2024
Today's round up of developments coming out of the consumer finance space, featuring April Mortgages, Chetwood Financial and Sort Group
Posted: 02/07/2024
Mutual Vision has partnered with London-based fintech firm, Sikoia, in a move which it hopes will reduce the administrative work involved in cases and deliver a "better experience" to brokers and borrowers
Posted: 01/07/2024
Marwyn Acquisition Company II (MAC II) has agreed a deal to acquire pensions services provider, InvestAcc Group
Posted: 01/07/2024
Equity release customers are set to save almost £300m in borrowing costs over the next two decades, having used the freedom to make voluntary penalty-free loan repayments, the Equity Release Council has revealed
Posted: 01/07/2024
Net borrowing of mortgage debt by individuals across the UK fell from £2.2bn in April to £1.2bn in May, new figures published by the Bank of England (BoE) have revealed.

The Bank’s latest data also showed that net mortgage approvals for house purchases, totalled 60,000 in May, a slight fall from 60,800 in April
Posted: 01/07/2024
Nucleus Financial Platforms has completed the acquisition of Third Financial, following regulatory approval from the Financial Conduct Authority (FCA)
Posted: 01/07/2024
House prices in the UK increased by 1.5% year-on-year in June, with the average house price now standing at £266,064, Nationwide has found
Posted: 01/07/2024
Today's round up of developments coming out of the consumer finance space, featuring Alternative Bridging Corporation, Buy to Let by Foundation and Chetwood Financial
Posted: 01/07/2024
The Rolls-Royce & Bentley Pension Fund has completed a £880m full scheme buy-in with Standard Life, securing the benefits of around 6,000 members
Posted: 28/06/2024
The parent company of Defaqto and SimplyBiz, Fintel, has reached a conditional agreement to acquire Threesixty Services from abrdn
Posted: 28/06/2024
The average UK house price is on track to be 1.5% higher by the end of 2024, new forecasts from Zoopla have indicated
Posted: 28/06/2024
The number of residential property transactions in May increased by 17% year-on-year to 91,290, HM Revenue and Customs (HMRC) has revealed
Posted: 28/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Loughborough Building Society, Atom bank and CHL Mortgages
Posted: 28/06/2024
Savers are set to pay £10.4bn in savings interest in the current financial year, new figures from HM Revenue and Customs (HMRC) have shown.

This is a rise of over £9bn compared to the figure reported back in the 2020/21 financial year
Posted: 27/06/2024
Leeds Building Society has launched a new strategic partnership with digital customer experience transformation services specialist, Sabio Group
Posted: 27/06/2024
Software provider Iress has extended its partnership with mortgage and protection platform Acre
Posted: 27/06/2024
An estimated 18 million UK homes have an Energy Performance Certificate (EPC) rating of D or below, new analysis by Rightmove has indicated
Posted: 27/06/2024
April Mortgages has announced a new partnership with SPF Private Clients, expanding its distribution among mortgage advisers
Posted: 27/06/2024
Today's round up of developments coming out of the consumer finance space, featuring CHL Mortgages, Chorley Building Society and Zephyr Homeloans
Posted: 27/06/2024
Over three in five (63%) financial advisers have said their clients have experienced conditional selling in the six months to May 2024, Access Financial Services (FS) has revealed
Posted: 27/06/2024
The trustees of the European Metal Recycling Limited Pension and Life Assurance Scheme have completed a £33m buy-in with Aviva, covering the defined benefit (DB) pension liabilities of 217 deferred and pensioner members
Posted: 26/06/2024
A quarter (24%) of UK adults have said they expect to keep working past the state pension age, Phoenix Insights has found
Posted: 26/06/2024
Almost nine in 10 (89%) financial services firms have rated their performance as ‘good’ over the last 12 months, with the same proportion stating they are confident they will perform well over the next year
Posted: 26/06/2024
London’s first-time buyer numbers increased to a 20-year high last year as 181,000 buyers secured their first step onto the housing ladder, according to research from Benham and Reeves
Posted: 26/06/2024
Phoenix Group has confirmed it is exploring the potential sale of its SunLife business
Posted: 26/06/2024
Three in five (59%) retail investors who do not get support from a financial adviser are considering do so in the next two years, Investec Wealth & Investment (UK) has revealed
Posted: 26/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Fleet Mortgages and RAW Capital Partners
Posted: 26/06/2024
People renting in retirement could need an additional £391,000 in savings, compared to those who have paid off their mortgage, Standard Life has revealed
Posted: 25/06/2024
The number of pure interest-only homeowner mortgages outstanding at the end of 2023 fell by 5.4% year-on-year to 664,000, new figures published by UK Finance have revealed
Posted: 25/06/2024
Reparo Finance has confirmed the launch of a new revolving credit facility to support SMEs with cashflow to fund growth
Posted: 25/06/2024
The average first-time buyer mortgage payment has increased by 61% since the last General Election in 2019, Rightmove has revealed
Posted: 25/06/2024
The Intermediary Mortgage Lenders Association (IMLA) has called on the Government to conduct a review into regulatory barriers to first-time ownership
Posted: 25/06/2024
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, One Mortgage System and Mansfield Building Society
Posted: 25/06/2024
Scottish Bridging Loans has been added to the lender panel at the mortgage, protection and compliance services proposition, Paradigm
Posted: 25/06/2024
The deadline for entries into the MoneyAge Awards 2024 has been extended by two weeks to Friday 5 July
Posted: 24/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Target Group, Together and Aldermore
Posted: 24/06/2024
LHV Bank has completed a loan of around £7m for the purchase of a residential investment property in a town in Surrey
Posted: 24/06/2024
More UK adults have applied for payday loans (18%) than mortgages (10%) in the past six months, new research by Moneyhub has revealed
Posted: 24/06/2024
Just over half (52%) of Brits with a defined contribution (DC) pension are confident they will have a comfortable retirement, Barnett Waddingham has found
Posted: 24/06/2024
Half of HMO landlords have said they use their property or portfolio as their sole source of income, a study by Landbay has revealed
Posted: 21/06/2024
Two individuals suspected of running an illegal cryptoasset exchange have been arrested following an investigation by the Financial Conduct Authority (FCA)
Posted: 21/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Mansfield Building Society, Precise and Virgin Money
Posted: 21/06/2024
Inheritance tax (IHT) collected in May reached a total of £701m, an increase of £92m year-on-year, HM Revenue and Customs (HMRC) has revealed
Posted: 21/06/2024
The Bank of England (BoE) has opted to keep its base rate at 5.25%, the seventh time in a row the central bank has held interest rates
Posted: 20/06/2024
The Association of Short Term Lenders (ASTL) has rebranded to the new name of the Bridging & Development Lenders Association (BDLA)
Posted: 20/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Hampshire Trust Bank and NatWest
Posted: 20/06/2024
Sainsbury’s has agreed to sell its core banking business to NatWest in a deal that the pair expect to complete in the first half of next year
Posted: 20/06/2024
Countrywide Surveying Services (CSS) has formed a partnership with Advise Wise, which will join its contacts directory
Posted: 20/06/2024
United Trust Bank (UTB) is providing £24.4m to support Westcombe Group’s £34m Kingston Bridge House apartment conversion in Hampton Wick, South East London.
Posted: 19/06/2024
GBST has announced the launch of a strategic partnership with Wipro to deliver end-to-end administration services for wealth and pensions companies transitioning from legacy IT environments
Posted: 19/06/2024
There are now over 150 million contactless cards in issue across the UK, accounting for 93% of all cards being used, new figures published by UK Finance have shown
Posted: 19/06/2024
Over a quarter (28%) of UK adults have said that they don’t know how much income they will need in retirement, Scottish Widows has revealed
Posted: 19/06/2024
The annual rate of UK house price growth climbed to 1.1% in the year to April, up from a revised increase of 0.9% in March, according to the latest UK House Price Index published by the Land Registry
Posted: 19/06/2024
Inflation has fallen to 2% in the year to May, the first time it has reached the target set by the Bank of England (BoE) for almost three years
Posted: 19/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Hampshire Trust Bank and Hinckley & Rugby for Intermediaries
Posted: 19/06/2024
April Mortgages has been praised for the "security" that it offered when supporting a borrower with a 15-year fixed rate mortgage
Posted: 18/6/2024
Hargreaves Lansdown (HL) has seen deposits into its cash ISA products increase by over 500% in June year-on-year
Posted: 18/6/2024
HSBC Life UK has become the latest firm to join the PRIMIS network of protection panels
Posted: 18/6/2024
Today's round up of developments coming out of the consumer finance space, featuring Hilco Real Estate Finance, Spring Finance and LiveMore
Posted: 18/6/2024
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Dudley Building Society and The Right Mortgage & Protection Network
Posted: 17/6/2024
Almost nine in 10 (87%) voters have expressed a desire for the next Government to conduct a comprehensive review of the pensions and retirement savings system, PensionBee has found
Posted: 17/6/2024
Selina Finance has made a number of criteria improvements, including doubling the maximum loan size available for both its homeowner loan and home equity line of credit (HELOC) products
Posted: 17/6/2024
The Intermediary Mortgage Lenders Association (IMLA) has appointed Phoebus as an associate member
Posted: 17/6/2024
The Medical Protection Society Pension Scheme has completed a £125m buy-in with Rothesay, securing benefits for all 618 scheme members, comprising of 174 pensioners and dependants and 444 deferred members
Posted: 14/6/2024
Rosemount Financial Solutions has appointed Hereford Wealth and Financial Planning as an appointed representative (AR)
Posted: 14/6/2024
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Market Financial Solutions and CHL Mortgages
Posted: 14/6/2024
One Mortgage System (OMS) has partnered with insurtech provider, Uinsure, to create an integrated insurance experience
Posted: 14/6/2024
The Labour Party has stated that it will introduce a "permanent, comprehensive mortgage guarantee", should it be elected to power on 4 July
Posted: 13/06/2024
Movera has launched a new own online academy to provide conveyancing and other skills training specifically designed to revolutionise employee development
Posted: 13/06/2024
More than 185,000 lifetime ISA (LISA) savers have been fined a collective £127m for making “unauthorised withdrawals” of their own money, according to a Freedom of Information request obtained by MPowered Mortgages
Posted: 13/06/2024
The average house price in Scotland has jumped by more than £4,000 so far this year, Walker Fraser Steele has found
Posted: 13/06/2024
HMRC has recovered an estimated £1.39bn in unpaid inheritance tax (IHT) during the past five years, according to new figures obtained by NFU Mutual
Posted: 13/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Hampshire Trust Bank and Solutions by Foundation
Posted: 13/06/2024
Perenna Bank has been added to The Right Mortgage & Protection Network’s lender panel
Posted: 13/06/2024
LiveMore has successfully priced and completed its inaugural securitisation, totalling £208.1m of prime and near prime owner-occupied mortgage loans
Posted: 12/06/2024
Two in five (40%) renters are considering moving back in with their parents in order to boost their first-time buyer savings, Skipton Building Society has revealed
Posted: 12/06/2024
The Mortgage Awards 2025 are now open to entries for firms across the mortgage space serving clients in the UK
Posted: 12/06/2024
One Mortgage System has (OMS) announced a full application programming interface (API) integration with new second charge lender, Interbridge Mortgages
Posted: 12/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Gatehouse Bank and Yorkshire Building Society
Posted: 12/06/2024
Broker satisfaction with lenders improved in the first half of 2024, to 83.7% among all brokers, new research by Smart Money People has indicated
Posted: 12/06/2024
Almost one in 10 (8%) retirees who withdrew from their pension between the age of 55 and leaving full-time work have said that they regret the decision, Just Group has found
Posted: 12/06/2024
The Conservative Party has announced plans to introduce a "new and improved" Help to Buy scheme as part of its manifesto for the General Election.

Under proposals announced this afternoon, the Party said that it would provide first-time buyers with an equity loan of up to 20%, which will be put towards the cost of a new build home
Posted: 11/06/2024
The outstanding value of all residential mortgage loans in the UK stood at £1.65trn at the end of Q1 this year, down slightly by 0.1% from the previous quarter
Posted: 11/06/2024
Almost nine in 10 (87%) of mortgage owners over the age of 55 have said that their mental health has suffered as a result of the cost of living crisis, Key has revealed
Posted: 11/06/2024
Consumer spending on rent and mortgages increased 6.3% year-on-year in May, up from 3.6% in April, according to new analysis by Barclays
Posted: 11/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Atom bank and Uinsure
Posted: 11/06/2024
House prices fell 3.3% annually in April despite downward price pressures continuing to ease across the board, e.surv has found
Posted: 11/06/2024
Financial advice firms outsourcing to an external investment manager are spending less than a quarter of the time on their centralised investment propositions (CIP) than those running investments in-house, research from Copia Capital has indicated
Posted: 11/06/2024
The average shelf-life of a mortgage has dropped to 15 days at the start of June, compared to 28 days a month earlier, Moneyfacts has found
Posted: 10/06/2024
A significant number of multi-asset funds have a low to medium income risk rating which is forcing investors into funds that don’t match their risk tolerance, EV has warned
Posted: 10/06/2024
The pensions industry has expressed its relief following reports that Labour has dropped plans to reintroduce the lifetime allowance (LTA) if elected, as a result of industry concerns around the uncertainty for savers and the complexity involved
Posted: 10/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Suffolk Building Society and Kensington Mortgages
Posted: 10/06/2024
Financial planning and investment management firm Succession Group has announced the acquisition of London Wall Partners
Posted: 10/06/2024
House prices have climbed by 67% over the last decade at a time when people on pension incomes have received minimal increases in real standards of living, new analysis by more2life has shown
Posted: 10/06/2024
Hilco Real Estate Finance (HREF) has become the latest member to join the Association of Short-Term Lenders (ASTL)
Posted: 10/06/2024
The Labour Party has stated that it will secure a scheme that is designed to ensure low-deposit mortgages are available for first-time buyers, if they win the General Election
Posted: 07/06/2024
Average house price growth in the UK remained broadly stable during May, falling just 0.1% on a monthly basis
Posted: 07/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Melton Building Society and Time Finance
Posted: 07/06/2024
Defaqto has confirmed it is rebuilding the group’s data architecture and plans to provide more universal data to the market, the group’s CEO, John Milliken, has stated
Posted: 07/06/2024
Mortgage Brain has added Skipton International, a subsidiary of Skipton Building Society, to its sourcing brain and criteria brain platforms
Posted: 07/06/2024
Rental inflation increased by 6.6% in April 2024, which is the slowest rate of inflation since October 2021, Zoopla has reported
Posted: 07/06/2024
The UK’s big banks are continuing to offer easy access savings rates well below the average, according to new Moneyfacts data, despite their continued obligation via the Financial Conduct Authority (FCA) to offer fair value to customers
Posted: 06/06/2024
Consumer card spending growth has increased to 1% in May, the smallest rise since February 2021, Barclays has found
Posted: 06/06/2024
Tenet Group has entered administration leaving some of its advisers unable to continue providing regulated advice to customers
Posted: 06/06/2024
Paragon Bank has reported a 13.5% jump in underlying profit to £146.3m in its latest half-year results
Posted: 06/06/2024
Zopa Bank and Lendable have become the latest cards and loan integrations at Compare the Market
Posted: 06/06/2024
Pension savers increased their average quarterly contributions by 63% in the first quarter of 2024 compared to Q4 2023, PensionBee has found
Posted: 06/06/2024
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, CHL Mortgages and Buy to Let by Foundation
Posted: 06/06/2024
Parmenion has expanded the discretionary fund management offering on its adviser platform and added the investment model portfolios from PortfolioMetrix, Elston Portfolio Management and Quilter
Posted: 05/06/2024
Two unnamed pension schemes have completed a £85m buy-in with Canada Life, securing member benefits across the two schemes for a total of 189 pensioners and 87 deferred members
Posted: 05/06/2024
MPA Financial Management has completed the acquisition Suckling Waddington and Partners (SWP) as part of a long-term, strategic succession plan
Posted: 05/06/2024
A pension pot of £1.3m is now required to fund a comfortable early retirement at 55-years-old, interactive investor has revealed
Posted: 05/06/2024
Keystone Property Finance has migrated a second portfolio onto the Phoebus servicing platform
Posted: 05/06/2024
Quilter has welcomed four new appointed representative (AR) firms to its advice network, Quilter Financial Planning
Posted: 05/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Shawbrook Bank and Butterfield Mortgages
Posted: 05/06/2024
April Mortgages has rolled out its mortgage range to all HLPartnership advisers and launched into the house purchase market
Posted: 04/06/2024
Newcastle for Intermediaries has launched a new mortgage platform for its broker partners, as it looks to invest more in technology
Posted: 04/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Atom bank and The Mortgage Works
Posted: 04/06/2024
Three quarters (75%) of financial advisers are reviewing their retirement approach following the Financial Conduct Authority (FCA)’s thematic review of retirement income advice
Posted: 04/06/2024
Forty-four per cent of landlords in the UK have stated that they plan to buy property in the next 12 months, Landbay has found
Posted: 04/06/2024
Two in three (65%) prospective first-time buyers cannot accurately define shared ownership, a new study from The Mortgage Lender (TML) has revealed
Posted: 04/06/2024
Almost three in 10 (28%) retirees over the age of 55 have withdrawn money from their pension before they retired, Just Group has found
Posted: 04/06/2024
Monzo has recorded its first year of annual profitability since the group’s launch in 2015
Posted: 03/06/2024
Canaccord Genuity Group has announced that through its wealth management business in the UK (CGWM), it has agreed a deal to acquire Cantab Asset Management
Posted: 03/06/2024
Mortgage borrowing has fallen in Q1 year-on-year, despite growth in the number of mortgage applications at the end of 2023, UK Finance has found
Posted: 03/06/2024
The deadline for entries into the first ever Corporate Finance Awards has been extended to Friday 28 June
Posted: 03/06/2024
Invesco has announced a new strategic partnership with Just Group with the launch of a retirement solution for advised clients
Posted: 03/06/2024
The Personal Finance Society (PFS) board has appointed Piers White as its first independent chair
Posted: 03/06/2024
Today's round up of developments coming out of the consumer finance space, featuring Dudley Building Society, Mortgage Advice Bureau and 21Finance
Posted: 03/06/2024
Today's round up of developments coming out of the consumer finance space, featuring The Conveyancing Association, Bluestone Mortgages and Molo Finance
Posted: 31/05/2024
The number of mortgage approvals remained broadly flat in April, new figures from the Bank of England (BoE) have shown
Posted: 31/05/2024
Over seven in 10 (71%) UK adults believe the Government should set out a plan to increase the minimum auto-enrolment pension contribution rate, Phoenix Group research has found
Posted: 31/05/2024
The number of residential property transactions jumped by 17% annually in April, according to new estimates published by HMRC
Posted: 31/05/2024
House prices in the UK have continued to increase on an annual basis, as the average price jumped by 1.3% in May to £264,249, after growth of 0.6% in April, Nationwide has found
Posted: 31/05/2024
Target Group has enhanced its Mortgage Hub originations platform with real-time transaction data from credit risk solutions provider, Atto
Posted: 30/05/2024
First-time buyers are set to make up 40% of the mortgage market in 2024, which is a 25% activity increase over the past eight years, Yorkshire Building Society has revealed
Posted: 30/05/2024
The deadline for entries into the first ever Corporate Finance Awards is 31 May and firms are being encouraged to get their entries in by tomorrow
Posted: 30/05/2024
The number of homes on sale in the UK is at the highest figure for the past eight years as sellers return to the market, Zoopla has found
Posted: 30/05/2024
The total of new loans advanced to older borrowers fell annually by 11.7% during the first quarter, new UK Finance figures have shown
Posted: 30/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, PRIMIS and Selina Finance
Posted: 30/05/2024
Almost half (48%) of UK adults under 66 years old have said they do not know when they will receive their state pension, AJ Bell has found
Posted: 30/05/2024
Bridging loan books reached a new record high of £8.1bn in the first quarter, new figures published by the Association of Short-Term Lenders (ASTL) have shown
Posted: 30/05/2024
Over three quarters (76%) of clients at Hargreaves Lansdown have opted for fixed-term savings products across the firm’s active savings portfolio, taking advantage of fixed rates above 5%
Posted: 29/05/2024
Mortgage technology provider Koodoo and intermediary platform Acre have announced the launch of a new partnership
Posted: 29/05/2024
Almost a quarter (23%) of renters aged between 21 and 34 have stated that they frequently consider moving back into their family home, primarily due to high general living costs
Posted: 29/05/2024
Bridging loan transactions totalled £196.2m in the first quarter of 2024, according to the latest Bridging Trends data
Posted: 29/05/2024
Just over a third (36%) of people know that their pension is being invested in the stock market, Hargreaves Lansdown (HL) has found
Posted: 29/05/2024
Today's round up of developments coming out of the consumer finance space, featuring The Right Mortgage & Protection Network, Hampshire Trust Bank and Buy to Let by Foundation
Posted: 29/05/2024
The Personal Finance Society (PFS) has published a new guide to support its members in writing suitability reports
Posted: 29/05/2024
Two in five landlords (41%) are still undecided on who to vote for in the upcoming General Election, new research from Landbay has suggested
Posted: 28/05/2024
The sale of the Government’s remaining shares in NatWest has been abandoned, as the General Election campaign commences
Posted: 28/05/2024
The Labour Party has an opportunity to “drastically improve” the plans for a British ISA should it be in power following the General Election, according to Quilter
Posted: 28/05/2024
The General Election is "unlikely" to impact the positive property market revival of recent months, eXp UK has stated
Posted: 28/05/2024
Dudley Building Society has launched a large loan residential mortgage offering to the whole of the market
Posted: 28/05/2024
The Conservative Party has announced plans to increase the tax-free pension allowance through a ‘triple lock plus’ if they remain in power following the general election
Posted: 28/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Coventry Building Society, Mortgage Brain and The Mortgage Works
Posted: 28/05/2024
People who rely solely on financial advice from family and friends are on average £42,000 worse off regardless of income, research by Moneybox has found
Posted: 24/05/2024
Coventry Building Society has finalised the acquisition of the Co-Operative Bank for £780m
Posted: 24/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Dudley Building Society and Lloyds Bank
Posted: 24/05/2024
The ICI Pension Fund has completed a £900m buy-in with Legal & General Assurance Society (L&G), securing the benefits of over 7,000 retirees
Posted: 24/05/2024
More than four in five landlords (83%) are reporting strong levels of tenant demand, new research from Paragon Bank has indicated
Posted: 24/05/2024
Experian has acquired a stake in software firm Reward Insight, cementing an existing commercial partnership between the pair
Posted: 23/05/2024
Over two thirds of brokers have said that lending up to and into retirement is changing, with greater numbers borrowing into their retirement in order to ease debt consolidation and day-to-day living costs, Hodge has found
Posted: 23/05/2024
HSBC has been fined £6.3m by the Financial Conduct Authority (FCA) for its mistreatment of customers in financial difficulty
Posted: 23/05/2024
Hargreaves Lansdown (HL) has rejected a takeover bid from a consortium of private equity firms, valued at £4.67bn
Posted: 23/5/2024
Following Rishi Sunak’s announcement yesterday evening that the country will head to polling stations on Thursday 4 July for the next General Election, MoneyAge has rounded up some reaction from the industry about what the result and a new Government could mean for the consumer finance sector
Posted: 23/05/2024
Just under two in five (38%) Brits are either unsure or underestimate the total pension pot size that is required to achieve their desired retirement income, PensionBee has found
Posted: 23/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Pepper Money and Hampden & Co
Posted: 23/05/2024
The Intermediary Mortgage Lenders’ Association (IMLA) is supporting calls from the Building Societies Association (BSA) for the Government to introduce reforms to assist first-time buyers and address the UK’s housing crisis
Posted: 22/05/2024
The Right DA Club has added mutual provider, Cirencester Friendly, to its protection panel
Posted: 22/05/2024
An estimated £1.17bn was stolen through fraud in the UK last year, a new report published by UK Finance has shown
Posted: 22/05/2024
House prices in the UK jumped by 1.8% annually to an average price of £283,000 in March, HM Land Registry has revealed
Posted: 22/05/2024
Inflation has fallen to 2.3% in the year to April, missing the expected analysts' figure of 2.1%, bringing some doubt to a potential cut in the Bank of England (BoE) base rate in June
Posted: 22/05/2024
Nucleus Financial Platforms has received approval from the Financial Conduct Authority (FCA) for its acquisition of Third Financial
Posted: 22/05/2024
The Treasury’s intake from inheritance tax (IHT) totalled over £700m in April, a figure £85m higher than the same month last year
Posted: 22/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Alternative Bridging Corporation, Residential by Foundation and Mutual Vision
Posted: 22/05/2024
Rosemount Financial Solutions (IFA) has confirmed a new partnership with Scottish Widows
Posted: 21/05/2024
Almost half (48%) of people who don’t currently invest said they would be more likely to if they receive help to do so, interactive investor has found
Posted: 21/05/2024
A significant number of homeowners over the age of 55 are braced for major increases to their monthly mortgage payments as their fixed rate deals come to an end, new research by Key Later Life Finance has indicated
Posted: 21/05/2024
It is "possible" that the base rate could be cut over the summer, the deputy governor at the Bank of England (BoE), Ben Broadbent, has said
Posted: 21/05/2024
Chetwood Financial has completed the acquisition of CHL Mortgages for Intermediaries (CMI) from Barossa Asset Purchaser Sarl
Posted: 21/05/2024
Smart Money People has become the latest member to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 21/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Movera and Castle Trust Bank
Posted: 21/05/2024
The average asking price for a property in the UK has hit a record high, with the average price reaching £375,131 in May, Rightmove has found
Posted: 20/5/2024
SDL Surveying has launched a new partnership with mutual lender, Mansfield Building Society (BS)
Posted: 20/5/2024
Almost two in five (38%) of people have said that they are not sure or do not know where their pension savings are held, Hargreaves Lansdown (HL) has found
Posted: 20/5/2024
Today's round up of developments coming out of the consumer finance space, featuring Nucleus Financial Platforms, Landbay and Zephyr Homeloans
Posted: 20/5/2024
Two in five (41%) savers think they don’t earn enough in interest to pay tax on their savings accounts, meaning that they could be "sleepwalking" their way into a surprise tax bill, Shawbrook has revealed
Posted: 17/5/2024
Over half (51%) of mortgage borrowers have chosen a term of 30 years or more in the past year, Uswitch has found
Posted: 17/5/2024
Over three in five (61%) UK homeowners have expressed an interest in releasing money from their home in later life in order to meet a range of financial needs, the Equity Release Council (ERC) has found
Posted: 17/5/2024
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Nottingham Building Society and Fleet Mortgages
Posted: 17/5/2024
One Mortgage System (OMS) has seen a 30% increase in mortgage transactional completion volume year-on-year
Posted: 16/05/2024
Confidence among mortgage intermediaries increased in the first quarter, new research by the Intermediary Mortgage Lenders Association (IMLA) has indicated
Posted: 16/05/2024
The Financial Conduct Authority (FCA) has brought charges against nine individuals relating to an unauthorised foreign exchange trading scheme promoted on social media
Posted: 16/05/2024
Interbridge Mortgages has launched into the second charge lending market
Posted: 16/05/2024
UK Finance has called for new changes to help victims of domestic abuse to regain control of their finances.

A new report released by the banking trade body, From Control to Financial Freedom, has explored some of the obstacles experienced by victim-survivors when regaining their financial independence
Posted: 16/05/2024
Over three million people in the UK may have borrowed from illegal lenders in the past 12 months, Creditspring has found
Posted: 16/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Pepper Money and Norton Broker Services
Posted: 16/05/2024
The Financial Conduct Authority (FCA) has charged Kristofer McGuire, Keith Williamson and Karla Walker with fraud for their alleged involvement in a high-risk trading scheme, which targeted people’s pension savings
Posted: 15/05/2024
Hampshire Trust Bank (HTB) has completed a development finance facility, valued at £3.2m, to fund the construction of five properties with "exemplary" environmental ratings on farmland in Oxfordshire
Posted: 15/05/2024
The first quarter of the year saw a 13% rise in the number of mortgage adviser searches among older buyers, new research from Legal & General has shown
Posted: 15/05/2024
Nearly half (45%) of adviser’s clients believe they will retire earlier with the support of advisers, compared to those who did not, Investec Wealth and Investment has found
Posted: 15/05/2024
Last year saw the lowest number of properties ever bought using a Help to Buy ISA, new Treasury figures have revealed.

Just 45,016 properties were purchased using the scheme, less than half the 93,922 bought in 2021
Posted: 15/05/2024
Two thirds (66%) of UK finance professionals believe that AI will allow them to add more value in their roles, ACCA has revealed
Posted: 15/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Santander, Parmenion and Movera
Posted: 15/05/2024
A company which claimed to offer advice to help people invest in cryptocurrency has been shut down following investigations by the Insolvency Service
Posted: 14/05/2024
The Norgine Limited Retirement Benefits Scheme has secured a £28m full buy-in with Canada Life, securing the retirement benefits of 308 members, including 152 deferred members
Posted: 14/05/2024
New business volumes in the consumer finance space totalled £10.5bn in March, a 4% fall compared with the same month last year, new figures published by the Finance & Leasing Association (FLA) have shown
Posted: 14/05/2024
House prices in Scotland increased by 1.4% month-on-month in March, having seen five consecutive monthly declines to outperform both the English and Welsh housing markets, Walker Fraser Steele has found
Posted: 14/05/2024
Virgin Money has reported a 2% fall in mortgage lending to £56.6bn for the first six months of its financial year, after citing a “subdued market” in H1
Posted: 14/05/2024
Movera is set to increase its number of conveyancing teams to over 100 this year, as part of its overall business strategy
Posted: 14/05/2024
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Access Financial Services and Buckinghamshire Building Society
Posted: 14/05/2024
Overall product choice in the mortgage market has increased to 6,565 options, its highest level for 16 years, new data from Moneyfacts has shown
Posted: 13/05/2024
MPowered Mortgages has cut rates on its two and five-year fixed rate ranges for the second time in a week
Posted: 13/05/2024
Over a million people have taken out a new mortgage in the past three years that will run past the state pension age, a freedom of information request from LCP has revealed
Posted: 13/05/2024
KSEYE and LDN Finance have completed a £4.2m residential bridging loan for the purchase of 10 flats in a newly developed area in Canary Wharf
Posted: 13/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Alternative Bridging Corporation, Landbay and The Right Mortgage & Protection Network and DA Club
Posted: 13/05/2024
Finance broker Hilton-Baird Group has been acquired by specialist business advisory firm FRP Advisory Group
Posted: 13/05/2024
House transactions in England and Wales are at the lowest level recorded since 1995, e.surv has found
Posted: 13/05/2024
Interest rates for savers and borrowers have shown mixed signs with rises and falls over the past six months, Moneyfacts has found
Posted: 10/05/2024
The UK GDP increased by 0.4% in March after jumping by 0.2% in February, the Office for National Statistics (ONS) has reported
Posted: 10/05/2024
Titan Wealth has completed a deal for investment firm, Wigmore Associates Wealth Management
Posted: 10/05/2024
Marsden Building Society has announced new changes to its Guernsey mortgage portfolio with reduced rates, capital raising and interest-only options
Posted: 10/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Buy to Let by Foundation, OSB Group and Property Circle
Posted: 10/05/2024
The base rate set by the Bank of England (BoE) will remain at 5.25% for the sixth consecutive period
Posted: 09/05/2024
Defaqto has launched a new MPS comparison tool to the market in a UK first that will allow advisers to compare like-for-like portfolios
Posted: 09/05/2024
The total number of UK mortgages in arrears saw a slight increase of 3% in Q1 compared to the previous quarter, new UK Finance figures have shown
Posted: 09/05/2024
Leeds Building Society has agreed a new long-term partnership with automated valuations and property insights firm, Hometrack
Posted: 09/05/2024
Today's round up of developments coming out of the consumer finance space, featuring RAW Capital Partners, Atom bank and MPowered Mortgages
Posted: 09/05/2024
Wealth manager Advanta Solutions has confirmed the acquisition of Penney, Ruddy & Winter Ltd (PRW) for an undisclosed sum
Posted: 08/05/2024
Buckinghamshire Building Society has announced a partnership with later life lending sourcing platform and mortgage club, Advise Wise
Posted: 08/05/2024
The former CEO of Shard Capital Partners, James Lewis, has been banned by the Financial Conduct Authority (FCA) and fined £120,300
Posted: 08/05/2024
Just over one in 10 (11%) people say they have tried to open a best-buy savings account in the past two years, only to find that it had closed and was no longer open to new customers, Investec Bank has revealed
Posted: 08/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Saffron for Intermediaries, Fleet Mortgages and Dudley Building Society
Posted: 08/05/2024
Cloud-based mortgage and savings software provider, finova, has announced that its Apprivo mortgage originations platform is being rolled out by Suffolk Building Society in an upgrade to the lender’s offering
Posted: 08/05/2024
Over one in five (22%) buy-to-let (BTL) landlords have moved to a new lender when remortgaging their property to cut costs, Foundation Home Loans has found
Posted: 08/05/2024
Wealth and investment manager Kingswood Group has secured an additional £3m debt facility to support its capital requirements and growth agenda
Posted: 07/05/2024
Almost three quarters (74%) of young people aged between 18 and 34 believe that energy efficient improvements will increase the value of their home, Coventry for Intermediaries has found
Posted: 07/05/2024
Two in five (40%) current UK retirees would have done something differently in how they approached their retirement, research from Canada Life has found
Posted: 07/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Barclays, Apsen and Ecclesiastical Insurance
Posted: 07/05/2024
Couples who invest together work out with almost a 20% difference in savings when compared to individuals within that couple, Hargreaves Lansdown (HL) has revealed
Posted: 07/05/2024
British Business Investments has announced a £50m commitment with DunPort Capital Management to create a co-investment vehicle, Alder Corporate Credit DAC
Posted: 07/05/2024
The average house price in the UK increased by 0.1% month-on-month to £288,781, Halifax has found
Posted: 07/05/2024
The chief operating officer (COO) at the Equity Release Council (ERC), Donna Francis, has announced that she is to step down from the role
Posted: 03/05/2024
Mortgage Brain has added Nomo Bank to its Sourcing Brain platform
Posted: 03/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Quilter, United Trust Bank and Newcastle for Intermediaries
Posted: 03/05/2024
The winners of the Wealth & Asset Management Awards 2024 were announced last night at a gala ceremony in London
Posted: 03/05/2024
Level, a UK-based lender within the family and private client law sectors, has announced the acquisition of Tower Street Finance as part of a move to target growth in the probate lending sector
Posted: 02/05/2024
Forty-six per cent of active cash ISA savers are seeking to invest early in the new tax year to take advantage of the tax-free wrapper, according to new research from Paragon Bank
Posted: 02/05/2024
Coventry Building Society has called on the Government to implement changes to stamp duty following HMRC’s figures this week that revealed residential property transactions have slumped to a four-year low in the first quarter
Posted: 02/05/2024
Later life lending platform, Air, has launched a new partnership with Mortgage Intelligence
Posted: 02/05/2024
Today's round up of developments coming out of the consumer finance space, featuring Norton Group, Hanley Economic Building Society and Solutions by Foundation
Posted: 02/05/2024
The total amount of housing equity available to homeowners over the age of 55 now stands at an estimated £622bn, according to estimates published by Canada Life
Posted: 01/05/2024
The number of new ISA accounts opened at Skipton Building Society in the first two weeks of April increased by 203% compared to last year
Posted: 01/05/2024
Regional differences are acting as barriers to those looking to step onto the property ladder for the first time, research by Coventry for intermediaries has indicated
Posted: 01/05/2024
Today's round up of developments coming out of the consumer finance space, featuring RAW Capital Partners, Residential by Foundation and Scottish Friendly
Posted: 01/05/2024
The Equity Release Council has issued a reminder to advisers of their responsibilities under the next phase of the FCA’s consumer duty, which comes into force on 31 July 2024
Posted: 01/05/2024
House prices in the UK have fallen by 0.4% month-on-month, as the housing market continues to struggle with "affordability pressures", Nationwide has revealed
Posted: 01/05/2024
Taking 10 years out of work in your fifties could result in missing out on just short of £100,000 in retirement, Standard Life has found
Posted: 01/05/2024
The number of transactions for residential properties in the UK reached 86,980 in March, a figure up by 20% in comparison to February
Posted: 30/04/2024
Net mortgage approvals climbed to 61,300 in March, a figure up slightly on February’s total of 60,500, new Bank of England (BoE) figures have shown
Posted: 30/04/2024
Perenna Bank has joined the lender panels of Sesame Network and PMS Mortgage Club, both part of Sesame Bankhall Group
Posted: 30/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Sirius Finance, Hinckley & Rugby Building Society and Pure Retirement
Posted: 30/04/2024
HSBC has recorded a 2.3% decrease in its profit before tax, reaching $12.7bn (£10.1bn) after expectations predicted earnings of $12.6bn (£10bn)
Posted: 30/04/2024
The Association of Short-Term Lenders (ASTL) has criticised proposals by the Financial Conduct Authority (FCA) that would enable the regulator to name firms it is investigating at the outset of the investigation
Posted: 29/04/2024
Over two in five (41%) self-employed people do not pay into a personal pension, CMC Invest has revealed
Posted: 29/04/2024
Over half (56%) of new customers who have made use of equity release products opted for drawdown lifetime mortgages, the Equity Release Council has found
Posted: 29/04/2024
The John Graham (Dromore) Limited Pension and Life Assurance Scheme has completed a £16m buy-in with Legal & General (L&G) Assurance Society, securing the benefits of 172 retirees and deferred members
Posted: 29/04/2024
House sales are 12% higher compared to their level from a year ago as the housing market continues to benefit from more homes being for sale and renewed confidence among buyers
Posted: 29/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Mortimer Street Capital, One Mortgage System and Suffolk Building Society
Posted: 29/04/2024
Over three in five (62%) retirees left the workforce before the state pension age of 66 years old, Just Group has found
Posted: 29/04/2024
Iress has announced that mortgage products from Nomo Bank are now live on its Xplan Mortgage and Trigold systems
Posted: 26/04/2024
NatWest has reported a fall in its total gross new mortgage lending to £5.2bn in the first quarter of 2024, a figure down from £9.9bn in Q1 last year
Posted: 26/04/2024
HM Revenue and Customs (HMRC) has repaid a record amount of £198m in the latest tax year to those who have overpaid tax on flexible pension withdrawals
Posted: 26/04/2024
Today's round up of developments coming out of the consumer finance space, featuring The Mortgage Works, LendInvest and Kensington Mortgages
Posted: 26/04/2024
Allica Bank has reached the milestone of lending over £500m in asset finance
Posted: 25/04/2024
Financial services firms received 1.87 million complaints in the second half of 2023, a 1% fall from H1 2023, new figures published by the Financial Conduct Authority (FCA) have revealed
Posted: 25/04/2024
Barclays has reported a fall in profits for the first quarter of 2024, as the bank’s pre-tax profits slipped to £2.3bn compared to £2.6bn in Q1 last year
Posted: 25/04/2024
The average house price for those selecting a RICS home survey level two and three increases by over two-thirds (69%), Countrywide Surveying Services has found
Posted: 25/4/2024
Today's round up of developments coming out of the consumer finance space, featuring Hanley Building Society, Davies and Brightstar Group
Posted: 25/04/2024
Single pensioners require £277,500 more in their pension pot in order to secure a moderate standard of living in retirement, research by Standard Life has revealed
Posted: 25/04/2024
Family Building Society has announced that Simon Wainwright is to become the new chairman of its board
Posted: 25/04/2024
The Financial Conduct Authority (FCA) has secured £533,000 to return to investors after the High Court granted a distribution order to the FCA
Posted: 24/04/2024
MorganAsh has partnered with FWD Research in a bid to assist firms in meeting the vulnerability requirements of Consumer Duty
Posted: 24/04/2024
Second charge lender Equifinance has completed its debut public securitisation consisting of a £260m portfolio of second charge mortgages
Posted: 24/04/2024
Mortgage lending in the UK reached £217.7bn between March 2023 and February 2024, which is a drop of 28.6%, Octane Capital has found
Posted: 24/04/2024
Specialist lender OSB Group has signed a four-year renewal deal with cloud-based mortgage and savings software provider finova for its originations technology stack
Posted: 24/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Building Society, Aspen Bridging and Virgin Money
Posted: 24/04/2024
Almost half (46%) of UK adults with pensions have not considered who should inherit them, Canada Life has found
Posted: 24/04/2024
The number of UK mortgage advisers is set to fall as fewer people join the sector as many retire, research from PRIMIS suggests
Posted: 23/4/2024
Almost one in five (19%) completed new initial equity release advances in the first quarter of the year came from owners of properties priced at £550,000 or more, Pure Retirement has found
Posted: 23/4/2024
The amount of inheritance tax (IHT) collected in the 2023/24 financial year hit a record £7.5bn, with analysts expecting receipts to reach almost £10bn by the end of the decade.

HM Revenue and Customs (HMRC) has revealed that IHT receipts increased by £400m year-on-year, after £7.1bn was collected in 2022/23
Posted: 23/4/2024
Today's round up of developments coming out of the consumer finance space, featuring Dudley Building Society, Chorley Building Society and RAW Capital Partners
Posted: 23/4/2024
First-time buyers are facing the toughest conditions to buy a home in 70 years, the Building Societies Association (BSA) has said
Posted: 22/4/2024
Results Asset Management (AM) has announced that it has become an associate member at the Association of Short Term Lenders (ASTL)
Posted: 22/4/2024
Half (50%) of individuals aged 65 and over have reported that they have been contacted by criminals attempting to scam money, True Potential has revealed
Posted: 22/4/2024
Today's round up of developments coming out of the consumer finance space, featuring Tuscan Capital, HLPartnership and Halifax
Posted: 22/4/2024
Adults in the UK have paid £5.8bn in overpaid tax to HM Revenue and Customs (HMRC) as a result of being on the wrong tax code, Canada Life has found
Posted: 22/4/2024
One in 10 (11%) new equity release customers have listed using funds for holidays as their main reasons for borrowing, Pure Retirement has revealed
Posted: 19/4/2024
Rosemount Financial Solutions has appointed Contractor Financial as a new appointed representative (AR)
Posted: 19/4/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Buy to Let by Foundation and Together
Posted: 19/4/2024
Specialist lender Catalyst has secured a new £750m investment capacity to fund its short-term bridging and refurbishment products
Posted: 18/04/2024
Only 1% of teachers in the UK believe their students have adequate financial skills, Social Market Foundation (SMF) has found
Posted: 18/04/2024
TMG Mortgage Network has announced the appointment of Source Insurance to its general insurance (GI) panel
Posted: 18/04/2024
Mortgage and protection network Stonebridge has launched a new accident, sickness, and unemployment (ASU) partnership with independent insurance provider, Wessex Group, for its member firms
Posted: 18/04/2024
House prices in Scotland increased by 0.4% year-on-year in February, which is the first increase in annual prices since November 2023, Walker Fraser Steele has found
Posted: 18/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Shawbrook and LiveMore
Posted: 18/04/2024
More than two thirds (68%) of brokers expect to arrange more bridging loans in 2024 compared to 2023, the latest Castle Trust Bank pulse survey has found
Posted: 18/04/2024
Twenty7tec has launched a new web-based practice management and CRM solution for financial advisers
Posted: 17/04/2024
Over half (57%) of pensions accessed for the first time in the 2022/23 financial year were fully withdrawn, NFU Mutual has found
Posted: 17/04/2024
Swedish wealth manager Söderberg & Partners has made investments in four more UK independent financial adviser (IFA) firms as it expands its presence in the UK market
Posted: 17/04/2024
Today's round up of developments coming out of the consumer finance space, featuring United Trust Bank, CHL Mortgages and Just Mortgages
Posted: 17/04/2024
The average UK house price fell by 0.2% year-on-year in the 12 months to February, according to the latest figures published by the Office for National Statistics (ONS)
Posted: 17/04/2024
Inflation in March fell to 3.2% following the drop to 3.4% in February, the lowest it has been since 2021, the Office for National Statistics (ONS) has revealed.

On a monthly basis, consumer prices index (CPI) inflation increased by 0.6% in March, compared to a rise of 0.8% a year previously
Posted: 17/04/2024
Nearly £2bn has been lost from pension savings since 2019, new data from the Financial Services Compensation Scheme (FSCS) has revealed
Posted: 17/04/2024
UK Finance is set to work on a new UK regulated liability network (RLN) experimentation phase with 11 of its members
Posted: 16/04/2024
Investment platform Third Financial has announced the signing of Mountstone Partners, a discretionary wealth firm with £400m in assets under management (AuM)
Posted: 16/04/2024
Thirty-seven per cent of portfolio landlords are continuing to upgrade their properties to an Energy Performance Certificate (EPC) of C or above, despite proposed regulations being scrapped by the Government
Posted: 16/04/2024
Over half (53%) of savers have said they see the move towards a pot for life as a positive change to the UK pension system, Barnett Waddingham has revealed
Posted: 16/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Mansfield Building Society, Butterfield Mortgages and Access Protection Academy
Posted: 16/04/2024
One Mortgage System (OMS) has been selected by intermediary firm Xpress Mortgages as its choice of CRM system
Posted: 16/04/2024
Beneficial Network has added Reliance Bank to its mortgage panel
Posted: 16/04/2024
Over a third (39%) of people made use of their tax-free ISA allowance in the last tax year, easyMoney has revealed
Posted: 15/04/2024
Foundation Home Loans has secured a new funding line worth £1.25bn as the specialist lender looks to continue its residential and buy-to-let (BTL) mortgage offerings
Posted: 15/04/2024
Over four in five (82%) mortgage brokers have stated that they are “upbeat” about the coming year, believing that customer confidence will increase as inflation and energy bills fall, PRIMIS has revealed
Posted: 15/04/2024
Titan Wealth has completed a deal to acquire financial planning firm, Loveday & Partners, after receiving approval from the Financial Conduct Authority (FCA)
Posted: 15/04/2024
The cost of three months’ worth of essentials has increased by £1,028 in the past two years, meaning that more is needed in savings, Hargreaves Lansdown has revealed
Posted: 15/04/2024
Spring Finance has extended its bridging products to include lending in Scotland
Posted: 15/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Tuscan Capital, Residential by Foundation and Hampshire Trust Bank
Posted: 15/04/2024
Today's round up of developments coming out of the consumer finance space, featuring finova, Yorkshire Building Society Commercial Mortgages and Suffolk Building Society
Posted: 12/04/2024
The average house price in England and Wales dropped by 3.1% year-on-year in March, e.surv has found
Posted: 12/04/2024
Performance Finance has received a £15m facility from British Business Investments to provide funding support to smaller businesses looking to acquire business-critical assets
Posted: 12/04/2024
Karis Capital has acquired an unnamed regulated financial services business as part of a move to strengthen its existing mortgage offering
Posted: 12/04/2024
More than 80% of mortgage brokers have predicted a rise in borrowing compared to official forecasts, with gross mortgage lending set to be stronger than anticipated in 2024, TMA Club has found
Posted: 12/04/2024
Almost one in five (18.8%) people in the UK, equating to around 10 million people, are £697 overdrawn each day, TotallyMoney has found
Posted: 11/04/2024
Buyer demand in the UK housing market climbed in March, the latest RICS UK Residential Survey has indicated
Posted: 11/04/2024
Retirees have an average £131,000 in retirement savings, despite hoping to save £250,000 into their pension pots, Standard Life has found
Posted: 11/04/2024
Link Fund Solutions (LFS) failed to act with care and due diligence in its management of the Woodford Equity Income Fund (WEIF), new findings published by the Financial Conduct Authority (FCA) have stated
Posted: 11/04/2024
Today's round up of developments coming out of the consumer finance space, featuring SmartSave, Hampshire Trust Bank and Aspen Bridging
Posted: 11/04/2024
A total of 7.4 million people in the UK were struggling to pay bills and credit repayments in January, new research published by the Financial Conduct Authority (FCA) has warned
Posted: 10/04/2024
The average house price in England is enough to provide enough money to cover around seven years of care in a residential home, Just Group has found
Posted: 10/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Tuscon Capital, HLPartnership and Just Mortgages
Posted: 10/04/2024
The Equity Release Council has developed a new guide with ratings agency Fairer Finance to help the Council’s members communicate with their customers in the later life lending market
Posted: 10/04/2024
Aria Finance has been added to Dudley Building Society’s approved packager panel
Posted: 10/04/2024
More than one in 10 (11%) of Generation X (born between 1965-1980) are paying more than the new state pension amount to care for family and friends, Just Group has found
Posted: 09/04/2024
The average rate on two and five-year fixed mortgage deals increased to 5.80% and 5.39% respectively between March and April, new figures from Moneyfacts have shown
Posted: 09/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Hanley Economic Building Society, Pure Retirement and West One Loans
Posted: 09/04/2024
Intermediary platform Acre has announced a new partnership with Nationwide that will allow brokers to secure decision-in-principle (DiP) applications with the building society through the Acre platform
Posted: 09/04/2024
Paradigm has added Market Financial Solutions (MFS) to its lender panel.
Posted: 09/04/2024
Almost one in five (19%) women have said that the end of the financial year encourages them to invest, Hargreaves Lansdown has found
Posted: 08/04/2024
The Epson (UK) Limited Pension Scheme has completed a £60m buy-in with Just Group, securing the benefits of 113 pensioners and 289 deferred members
Posted: 08/04/2024
Upping investment or pension contributions in line with inflation can increase the size of saving pots by up to £124,000 over 40 years, interactive investor has found
Posted: 08/04/2024
Millions of Brits are potentially missing out on hundreds of pounds extra income a year because their cash ISA savings are in accounts paying 1.50% or less, new analysis by Yorkshire Building Society and CACI has indicated
Posted: 08/04/2024
Today's round up of developments coming out of the consumer finance space, featuring One Mortgage System, Alternative Bridging Corporation and Santander
Posted: 08/04/2024
Sharia-compliant bridge finance firm Offa has announced a £100m credit line from a fund managed by UAE-based Gulf Islamic Investments Group (GII)
Posted: 08/04/2024
Beneficial has announced that it has added digital lender, Molo Finance, to its lender panel
Posted: 08/04/2024
A quarter (25%) of landlords are prioritising energy efficiency when it comes to adding a property to their investment portfolio, new research from The Mortgage Lender (TML) has indicated
Posted: 05/04/2024
Helping landlords make their cash work harder
MoneyAge Editor, Adam Cadle, talks to Family Building Society BDMs, Arif Kara and Nathan Waller, about the resilient BTL market, the wide variety of landlords that Family Building Society caters for, and how niche products like an Offset mortgage can help improve cashflow.

An outlook on the BTL market
MoneyAge Editor, Adam Cadle, talks to Landbay senior regional account manager, Alex Witham, about current market sentiment within the BTL space and Landbay’s success in this area

Empowering advisers: A decade of education in Later Life Lending with Air Academy
Michael Griffiths is joined by chairman of Air Club and former founder and CEO of Air, Stuart Wilson, and head of the Air Academy, Daniel Holden, to look back on a decade of business focused learning at the Air Academy.


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