Archive News
Vernon Building Society has reported a 158% increase in its retirement interest-only (RIO) mortgages for the period between January and May, compared to the same five-month period last year
Posted: 23/06/2025
Today's round up of developments coming out of the consumer finance space, featuring Morpheus, Tandem Bank and HSBC UK
Posted: 23/06/2025
AJ Bell has launched a new streamline platform, AJ Bell Touch, to help financial advisers implement investment advice for their clients
Posted: 23/06/2025
Over four in five (82%) easy access savings accounts offered by the UK’s main current account providers have some form of restriction attached, according to research by Spring
Posted: 23/06/2025
Suttons Independent Financial Advisers (IFA) has acquired Bolton-based firm, Whitewell Financial Planning, for an undisclosed sum.
Whitewell was founded in 2008 by Phil O’Connor and provides financial planning, investment and retirement planning advice to individuals, business owners and directors across the North West and further afield
Whitewell was founded in 2008 by Phil O’Connor and provides financial planning, investment and retirement planning advice to individuals, business owners and directors across the North West and further afield
Posted: 23/06/2025
Par Equity is to merge with Praetura Ventures and its adviser-focused arm, Praetura Investments, to create a new venture capital and investment firm, PXN Group
Posted: 20/06/2025
Inheritance tax (IHT) receipts totalled £1.5bn between April and May, increasing by 7% year-on-year in the first two months of the tax year, HMRC has revealed
Posted: 20/06/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Norton Home Loans and Skipton Building Society
Posted: 20/06/2025
One quarter (25%) of brokers in the UK said they feel "very comfortable" discussing the valuation process with clients, Countrywide Surveying Services (CSS) has found
Posted: 20/06/2025
The Financial Conduct Authority (FCA) has secured convictions against a brother and sister for insider dealing and money laundering offences
Posted: 20/06/2025
British Business Bank has announced a £10m tier two investment in Shawbrook Bank, as part of its latest £75m capital raise
Posted: 19/06/2025
Keychain has announced the launch of its new specialist bridging and commercial workflows
Posted: 19/06/2025
The Bank of England (BoE) has confirmed it will hold interest rates at their current level of 4.25%
Posted: 19/06/2025
Hinckley & Rugby Building Society has rolled out an AI assistant across the organisation to give staff faster and more consistent access to internal policies and criteria
Posted: 19/06/2025
Gen H and Nottingham Building Society have extended their forward-flow funding partnership
Posted: 19/06/2025
Today's round up of developments coming out of the consumer finance space, featuring LendInvest Mortgages, Foundation Home Loans and Yorkshire Building Society
Posted: 19/06/2025
The Openwork Partnership has successfully completed a transaction to acquire advice firm Milecross Financial Solutions
Posted: 19/06/2025
Nationwide has paid over four million of its customers £100 on the first day of its Fairer Share payment scheme
Posted: 18/06/2025
The total interest-only mortgage stock declined by 17% in 2024, new figures published by UK Finance have revealed
Posted: 18/06/2025
UK inflation held at 3.4% in May, the Office for National Statistics (ONS) has revealed, ahead of the Monetary Policy Committee’s base rate announcement tomorrow
Posted: 18/06/2025
House price growth slowed to 3.5% in the year to April, according to new data published by the Office for National Statistics (ONS)
Posted: 18/06/2025
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Keystone Property Finance and Kuflink
Posted: 18/06/2025
Shackleton Advisers has entered into a definitive agreement for a majority investment from funds managed by Lee Equity Partners
Posted: 18/06/2025
Pauzible has become the latest firm to be added to Finova’s payments lender panel
Posted: 18/06/2025
New business volumes in the second charge mortgage market declined by 2% in April, the first annual fall since November 2023, new figures published by the Finance & Leasing Association (FLA) have shown
Posted: 17/06/2025
Over two thirds (69%) of advisers are ready to "break up" with their CRM systems, Twenty7tec has found
Posted: 17/06/2025
Over a fifth (21%) of retail investors have switched money from equities to cash in 2025 in response to global stock market volatility, Investec Save has found
Posted: 17/06/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Darlington Building Society and LendInvest Mortgages
Posted: 17/06/2025
The Open Property Data Association (OPDA) has appointed L&C Mortgages as its latest member
Posted: 17/06/2025
Buy-to-let (BTL) lenders are looking to futureproof their mortgage portfolios by reassessing how they lend against properties with lower energy efficiency, according to a new report from Cotality
Posted: 17/06/2025
An estimated 1.2 million one-year fixed term savings accounts due to mature before the end of 2025 could generate enough interest to incur a tax payment, research by Paragon Bank has shown
Posted: 17/06/2025
Foster Denovo has developed a new digital tool that aims to make financial advice more accessible by bridging the “advice gap”
Posted: 16/06/2025
New bridging loan completions totalled £2.8bn in Q1 2025, matching the record set in Q4 2024, the Bridging & Development Lenders Association (BDLA) has revealed
Posted: 16/06/2025
Product choice in the savings market has increased to 2,235 deals including ISAs, a new record high
Posted: 16/06/2025
Shares in Metro Bank have increased by over 10% in early trading, following rumours of a potential takeover deal
Posted: 16/06/2025
With demand growing for more flexible mortgage solutions, Family Building Society is carving out a strong reputation in later life, family-assisted, and buy to let lending. We speak to Nathan Waller, Business Development Manager at Family Building Society, to discuss how they’re supporting brokers, addressing complex borrower needs, and adapting to an evolving market.
Posted: 16/06/2025
Business lending by high street banks increased in Q1 to £4.6bn, a sixth consecutive quarterly rise and the highest amount since Q2 2022, new UK Finance figures have revealed
Posted: 16/06/2025
Today's round up of developments coming out of the consumer finance space, featuring StreamBank, Newcastle Building Society and United Trust Bank
Posted: 16/06/2025
The Right Mortgage & Protection Network has described the first quarter results as a "strong start" to its current financial year, as its mortgage lending increased by 25.5% year-on-year
Posted: 16/06/2025
Broadstone has announced the acquisition of ExactVAL, aimed at strengthening its capabilities in the life insurance and bulk purchase annuity (BPA) market, for an undisclosed amount
Posted: 12/06/2025
Household spending on rent and mortgages rose 4.6% year-on-year in May, according to new data from Barclays Property Insights
Posted: 12/06/2025
UK GDP was weaker than expected in April, with the economy contracting by 0.3%, compared to market expectations for a 0.1% fall
Posted: 12/06/2025
Just over a third (35%) of salaried workers are enrolled in their company’s salary exchange scheme, Scottish Widows has found, warning that the rest could be missing out on a pensions pot boost potentially worth tens of thousands of pounds
Posted: 11/06/2025
The majority of pension savers are not confident they can afford to retire, according to research from Hargreaves Lansdown, which found that just 36% of people surveyed are confident they can afford to retire
Posted: 11/06/2025
Chancellor Rachel Reeves is to double Government spending on affordable housing to £39bn, in what she described as “the biggest cash injection into social and affordable homes in 50 years"
Posted: 11/06/2025
A new type of private stock market will be launched later in 2025 after the FCA announced the final rules for its Private Intermittent Securities and Capital Exchange System (PISCES)
Posted: 10/06/2025
The total value of gross mortgage advances increased by 12.8% between Q4 2024 and Q1 2025 to £77.6bn, the highest new advances since 2022 and 50.4% higher than a year earlier, according to the latest Mortgage Lenders and Administrators Return (MLAR) data
Posted: 10/06/2025
A total of 38,510 new loans were advanced to older borrowers in Q1, up 33.5% YoY, UK Finance’s latest later life mortgage lending update for Q1 2025 has revealed
Posted: 10/06/2025
The FCA has appointed Sarah Pritchard as deputy chief executive
Posted: 10/06/2025
The Financial Conduct Authority (FCA) will launch a Supercharged Sandbox to help financial services firms experiment safely with AI to support innovation
Posted: 09/06/2025
Mercer, a Marsh McLennan business, has reached an agreement to acquire the UK investment advisory firm Fundhouse for an undisclosed amount
Posted: 09/06/2025
House price growth in the UK slowed in May to 2.5% year-on-year, after rising by 3.2% in April, Halifax has revealed
Posted: 6/6/2025
Nivo has been appointed as the National Association of Commercial Finance Brokers' (NACFB) new AI partner
Posted: 6/6/2025
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Bank, Darlington Building Society and LiveMore
Posted: 6/6/2025
The Grant Thornton Pensions Fund has secured a £275m buy-in with Royal London, securing the benefits of around 2,200 members
Posted: 6/6/2025
Twenty7tec has described the mortgage product landscape as the "most competitive it's ever been", as the number of first-time buyer (FTB) purchase searches increased by 13.9% year-on-year to 352,958 in May.
The adviser tech provider’s latest Mortgage Market Activity report revealed that FTBs made up 37.3% of all residential search activity in May, compared to 34% in April
The adviser tech provider’s latest Mortgage Market Activity report revealed that FTBs made up 37.3% of all residential search activity in May, compared to 34% in April
Posted: 05/06/2025
Together Financial Services has announced the successful issuance of a new £500m bond offering
Posted: 05/06/2025
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Nationwide and Masthaven Finance
Posted: 05/06/2025
One Mortgage System (OMS) has expanded its agreement with Nationwide which will see the building society adopt the group’s full application programming interface (API)
Posted: 05/06/2025
Black & White Bridging has successfully lent over £250m since its launch in 2021, the firm has announced
Posted: 05/06/2025
More than four in five (83%) people are "over-reliant" on their current account provider by having a savings account with the bank or building society that also provides their current account, Investec Save has revealed
Posted: 04/06/2025
HMRC has charged £513m in interest on the late payment of income tax since 2020, a new Freedom of Information (FOI) request submitted by NFU Mutual has shown
Posted: 04/06/2025
Paragon Bank has reported a 25% rise in new buy-to-let (BTL) lending in its H1 results, on the back of growing landlord demand
Posted: 04/06/2025
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Skipton Building Society and Envelop
Posted: 04/06/2025
Pure Retirement has become the first equity release specialist lender to join Mortgage Broker Tools
Posted: 04/06/2025
Masthaven Finance has been appointed as a patron of the National Association of Commercial Finance Brokers (NACFB)
Posted: 04/06/2025
Caring responsibilities are one of the most common life events experienced by vulnerable financial consumers, MorganAsh has found
Posted: 04/06/2025
Paragon Bank has agreed a new partnership with the provider of mortgage data and workflow solutions, Cotality UK
Posted: 03/06/2025
UK Finance has called for action from the financial services sector to drive demand for green home upgrades
Posted: 03/06/2025
Advisers have reported a rise in the number of clients now concerned about intergenerational planning, new research by HSBC Life (UK) has indicated
Posted: 03/06/2025
Today's round up of developments coming out of the consumer finance space, featuring PRIMIS Mortgage Network, Black & White Bridging and Nottingham Building Society
Posted: 03/06/2025
Over two in five (44%) buy-to-let (BTL) landlords in the UK intend to increase rent on their properties in response to the new Renters’ Rights Bill, Landbay has found
Posted: 03/06/2025
Over 8.3 million current accounts in the UK contain balances of more than £10,000, the majority of which are generating zero interest, according to new findings by savings app Spring
Posted: 03/06/2025
We Are Mortgages has extended its partnership with national mortgage network, Stonebridge, through a long-term agreement
Posted: 03/06/2025
The number of estates in the UK subject to inheritance tax (IHT) will exceed 37,000 by 2027, according to analysis by Irwin Mitchell
Posted: 02/06/2025
Bank of Ireland for Intermediaries has announced a new strategic partnership with UK Business Mentoring to support intermediaries with the challenges of growing a business
Posted: 02/06/2025
International wealth advisory group Skybound Wealth Management has announced plans to expand its UK-regulated business
Posted: 02/06/2025
Net mortgage approvals for house purchases have fallen for a fourth consecutive month in April, new figures published by the Bank of England (BoE) have indicated.
Approvals declined by 3,100 compared to March’s total, to reach 60,500 in April
Approvals declined by 3,100 compared to March’s total, to reach 60,500 in April
Posted: 02/06/2025
PEXA has completed the UK’s first fully digital property transaction
Posted: 02/06/2025
Today's round up of developments coming out of the consumer finance space, featuring Just Group, HouzeCheck and Arc & Co.
Posted: 02/06/2025
House prices increased month-on-month by 0.5% in May, after dropping by 0.6% in April, Nationwide has revealed
Posted: 02/06/2025
Today's round up of developments coming out of the consumer finance space, featuring Hinckley & Rugby for Intermediaries, Darlington Building Society and MPowered Mortgages
Posted: 30/5/2025
The Morrisons Retirement Saver Plan has completed a £270m buy-in with Aviva, securing the retirement benefits of over 32,000 deferred members of the RSP Section of the scheme
Posted: 30/5/2025
UK residential transactions totalled 64,680 in April, which is a 28% year-on-year decline, HM Revenue and Customs has revealed
Posted: 30/5/2025
Norton Home Loans has announced a new partnership with the digital mortgage broker, Habito
Posted: 30/5/2025
The Equity Release Council (ERC) has announced that PriceHubble has joined the council as an associate member
Posted: 29/05/2025
Mattioli Woods and Kingswood Group have announced a merger agreement that will see them combine to create a single UK wealth management group, subject to regulatory approval
Posted: 29/05/2025
Retirement and estate planning (31%) and intergenerational wealth planning (31%) are the top priorities for clients of financial planning firms, Saltus has found
Posted: 29/05/2025
Nationwide returned a record £2.8bn to its members last year, including £1bn in direct payments to eligible members
Posted: 29/05/2025
Fifty-seven per cent of landlords who have undertaken energy efficiency upgrades to their properties haven’t commissioned new EPC assessments following work completion, Paragon Bank has found
Posted: 29/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Keystone, Loans Warehouse and Paragon Bank
Posted: 29/5/2025
Criminals stole £1.17bn through unauthorised and authorised fraud in the UK during 2024, new figures released by UK Finance have shown
Posted: 29/05/2025
Starling Bank has reported a 26% fall in pre-tax profit to £223m in its latest annual results, after revealing it had set aside cash to cover issues relating to COVID loan repayments
Posted: 28/05/2025
The number of house sales agreed in May reached a four-year high, as the figure increased by 6% year-on-year, Zoopla has found
Posted: 28/05/2025
Two thirds (67%) of borrowers who purchased a property in 2024 were first-time buyers, research by Mortgage Advice Bureau (MAB) has found
Posted: 28/05/2025
Financial advice network, the Openwork Partnership, has secured a £120m investment from private investment firm, Bain Capital
Posted: 28/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Conveyancing Alliance, Skipton Building Society and Precise
Posted: 28/05/2025
More than half (51%) of active savers increased their overall balance during the COVID pandemic, new analysis by Paragon Bank has highlighted
Posted: 28/05/2025
More than half (56%) of DIY investors increased their exposure to cash in the three-month period between February to April, Charles Stanley Direct has revealed
Posted: 28/05/2025
Appetite for UK credit cards has continued to grow this year, according to data from credit reference agency Equifax
Posted: 27/05/2025
Six in 10 people "don’t know" their pension is invested, according to a survey by Opinium, on behalf of Hargreaves Lansdown
Posted: 27/05/2025
Over a third (35%) of British adults have admitted to not knowing how much interest their current or savings account earns, Spring has found
Posted: 27/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Offa, MPowered Mortgages and The Cumberland Building Society
Posted: 27/05/2025
Intermediary confidence neared "historic levels" in the first quarter, the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 27/05/2025
The Bridging & Development Lenders Association (BDLA) has appointed TWM Solicitors as its latest associate member
Posted: 27/05/2025
AJ Bell has posted a 12% jump in pre-tax profit to £68.8m in the first half of its financial year
Posted: 23/05/2025
The Financial Conduct Authority (FCA) has streamlined the way in which firms submit data on the complaints they receive
Posted: 23/05/2025
Just Mortgages has partnered with April Mortgages to become the first national high street agency linked broker to access April’s new 100% LTV mortgage product
Posted: 23/05/2025
Today's round up of developments coming out of the consumer finance space, featuring ModaMortgages, Loughborough Building Society and Marsden Building Society
Posted: 23/05/2025
Wealth management and financial planning firm, Saltus, has announced the acquisition of Delta Financial Management, for an undisclosed amount
Posted: 23/05/2025
Wealth managers clients’ appetite for certainty and greater portfolio diversification is rising amid ongoing market volatility, according to EY’s Global Wealth Research Report
Posted: 22/05/2025
The Financial Services Compensation Scheme (FSCS) has announced a £38m reduction in the total levy payable by firms for the 2025/26 financial year
Posted: 22/05/2025
Property professionals are placing most confidence in the first-time buyer (FTB) sector for 2025, according to a new study by Countrywide Surveying Services (CSS)
Posted: 22/05/2025
Rosemount Financial Solutions (IFA) has added seven new adviser firms to its network in the first quarter of 2025
Posted: 22/05/2025
Today's round up of developments coming out of the consumer finance space, featuring The Conveyancing Association, ONP Solicitors and Darlington Building Society
Posted: 22/05/2025
Royal London has reached an agreement to acquire UK-based infrastructure asset manager, Dalmore Capital, subject to regulatory approval
Posted: 22/05/2025
Inheritance tax (IHT) receipts reached the second highest monthly total ever recorded, totalling £780m in April, HMRC data has revealed
Posted: 22/05/2025
The Chancellor has confirmed that the £20,000 ISA allowance will remain in place amid speculation that the Government could reform the way ISAs work
Posted: 21/05/2025
Bluecroft Finance has become the latest firm to join the Bridging & Development Lenders Association (BDLA) as a lender member
Posted: 21/05/2025
UK inflation has overshot growth expectations by increasing back up to 3.5% in the year to April, the Office for National Statistics (ONS) has revealed
Posted: 21/05/2025
Annual UK house price growth accelerated to 6.4% in the year to March, taking the average price to £271,000, new data published by the Office for National Statistics (ONS) has shown
Posted: 21/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Inspired Lending, Foundation Home Loans and Target Group
Posted: 21/05/2025
Over seven in 10 (72%) intermediaries have predicted growth in the bridging market in 2025, research by Black & White Bridging has found
Posted: 21/05/2025
Digital Sharia-compliant bank, Nomo, has chosen OMS Originations from One Mortgage System (OMS) to develop its digital platform for customers and brokers
Posted: 21/05/2025
Almost half (49%) of UK adults have at least one characteristic of vulnerability, research by MorganAsh has found
Posted: 20/05/2025
The number of savings products including ISAs that are available on the market has fallen to 2,188 deals in May, new data from Moneyfacts has shown
Posted: 20/05/2025
Afin Bank has launched a new partnership with Nivo to implement its technology solution to handle all broker interactions
Posted: 20/05/2025
Over two thirds of platforms are not providing advisers with holistic capital gains tax (CGT) planning support, despite it being an "issue they’re grappling with daily", FSL has found
Posted: 20/05/2025
Three associations from the financial services have come together to launch a new report that outlines four key pillars to reform the UK’s private banking and wealth management (PBWM) sector
Posted: 20/05/2025
Air has announced a new partnership with lead generation provider, Lead Tech
Posted: 20/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Phoebus, Landbay and Buckinghamshire Building Society
Posted: 20/05/2025
Chetwood Bank has announced that it has reached the milestone of £1bn of mortgage lending in the 2024/25 financial year
Posted: 19/5/2025
Today's round up of developments coming out of the consumer finance space, featuring SDKA, Skipton Building Society and Suffolk Building Society
Posted: 19/5/2025
Seventy-one percent of people have admitted to not knowing how inheritance tax (IHT) works or what their beneficiaries may have to pay, Schroders Personal Wealth (SPW) has found
Posted: 19/5/2025
Ward Hadaway has joined the Bridging & Development Lenders Association (BDLA) as an associate member
Posted: 19/5/2025
Advice professionals are switching strategies in preparation for the changes announced in the Autumn Budget, turning to pension gifting, trusts, annuities, and onshore bonds, according to a report from The Lang Cat
Posted: 16/05/2025
Interbridge Mortgages has delivered more than £250m in second charge loans to over 7,000 customers in its first year of lending in the sector
Posted: 16/05/2025
One in 10 people in the UK have no cash savings available, while a further 21% have less than £1,000 to draw on in an emergency, the Financial Conduct Authority (FCA) has found
Posted: 16/05/2025
Foundation Home Loans has secured £550m in new funding after the successful completion of its Braccan Mortgage Funding 2025-1 deal
Posted: 16/05/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Nationwide and ModaMortgages
Posted: 16/05/2025
Hinckley & Rugby Building Society has partnered with software provider SBS to launch a fully integrated mobile app
Posted: 15/05/2025
Lloyds Banking Group (LBG) has selected Moneyhub to categorise all retail and non-retail transactions across the group’s customer base and brands
Posted: 15/05/2025
The number of mortgages in arrears fell by 2% in Q1 2025 compared to the final quarter of last year, new UK Finance figures have shown
Posted: 15/05/2025
The trustees of the Andrew Limited Pension and Life Assurance Plan have secured a £63m bulk annuity policy with Aviva, securing the pensions of all 570 scheme members
Posted: 15/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Movera, Mortgage Broker Tools and Vida Homeloans
Posted: 15/05/2025
Aldermore has extended its partnership with cloud-based mortgage and savings software provider, Finova
Posted: 15/05/2025
TAB has joined the Bridging & Development Lenders Association (BDLA) as a lender member
Posted: 15/05/2025
Two in five (42%) brokers believe that loans above £100,000 will see the most growth in demand in the next 12 months, according to new research from iwoca
Posted: 14/05/2025
Buy-to-let (BTL) properties are generating the highest average yields since February 2011, research by Paragon Bank has revealed
Posted: 14/05/2025
The AQA Pension Scheme has completed a £120m full scheme buy-in with Rothesay, covering the benefits of all 869 scheme members, including 471 pensioners and dependants as well as 398 deferred members
Posted: 14/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Crystal Specialist Finance, Hanley Economic Building Society and Atom bank
Posted: 14/05/2025
Four out of five (78%) independent financial advisers (IFAs) believe the 10% baseline tariff that Donald Trump has imposed on imports from countries across the world, including the UK, will make clients less likely to invest
Posted: 14/05/2025
Buy-to-let (BTL) landlords in the south of England are more optimistic about their futures than those in the rest of the country, Landbay has revealed
Posted: 14/05/2025
Rosemount Financial Solutions (IFA) has announced the launch of a new partnership with 4C Platform
Posted: 14/05/2025
Plannr has announced a new integration with the AI platform for financial advisers, AdvisoryAI
Posted: 13/05/2025
Consumer card spending increased by 4.5% year-on-year in April, new figures published by Barclays have shown
Posted: 13/05/2025
Advisers believe there is room for improvement on meeting Consumer Duty obligations on the later life lending market, according to new research from Key Later Life Finance
Posted: 13/05/2025
Evelyn Partners’ assets under management and advice (AUMA) fell by £1.1bn to £61.9bn in the first quarter of 2025, its latest trading update has revealed
Posted: 13/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, conveybuddy and Accord Mortgages
Posted: 13/05/2025
London and Country (L&C) Mortgages has adopted One Mortgage System's CRM system into its business
Posted: 13/05/2025
The Association of Mortgage Intermediaries (AMI) has announced five appointments to its board following the conclusion of its annual elections
Posted: 13/05/2025
Average mortgage rates have dropped by a "significant margin" in May, with the average two-year fix falling to the lowest point since before the mini-Budget in September 2022, Moneyfacts has revealed
Posted: 12/05/2025
Over four in five people (82%) do not believe the Government will achieve its target of building 1.5 million new homes during the current Parliament, a new study by Family Building Society has highlighted
Posted: 12/05/2025
FRP Advisory has announced the acquisition of One Advisory in a deal worth up to £8.1m
Posted: 12/05/2025
Half of UK households (51%) will require housing wealth to support their spending needs in later life and retirement, according to a new report by Fairer Finance
Posted: 12/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Darlington Building Society, Buckinghamshire Building Society and StreamBank
Posted: 12/05/2025
Chetwood Bank has surpassed £4bn in total customer deposits across its savings products and flows from distribution partners, marking a milestone in its growth
Posted: 12/05/2025
Lendlord has launched a new suite of artificial intelligence tools, named LendlordAI, that is designed to support landlords and property investors
Posted: 12/05/2025
MWA Financial has acquired Kent-based independent financial adviser, Knighthood Financial Advice (KFA)
Posted: 09/05/2025
Professionalism in the private rental sector has continued to "gather momentum" in the first quarter of the year, following shifts in portfolio composition and property types, Foundation Home Loans has found
Posted: 09/05/2025
Over 937,000 homeowners who took out mortgages in 2023 could benefit from a decline in monthly payments as they come off their two-year fixed rates, new analysis by Compare the Market has shown
Posted: 09/05/2025
The Cancer Research UK Pension Scheme has agreed a £280m buy-in with Standard Life, covering the benefits of 2,800 members
Posted: 09/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Gatehouse Bank, Nationwide and Nucleus Financial Platforms
Posted: 09/05/2025
The Financial Conduct Authority (FCA) has appointed David Geale as the permanent executive director for payments and digital finance and managing director of the Payment Systems Regulator (PSR)
Posted: 08/05/2025
Monmouthshire Building Society has selected Phoebus to provide account servicing solutions to its 90,000 mortgage and savings members
Posted: 08/05/2025
The Bank of England (BoE) has announced a 0.25% cut to interest rates to bring the central bank’s base rate down to 4.25%
Posted: 08/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Aldermore, Atom bank and Lloyds Banking Group
Posted: 08/05/2025
House prices in the UK increased by 3.2% in the 12 months to April, Halifax has revealed
Posted: 08/05/2025
Over three in five (63%) advisers have reported encountering family disputes while assisting with inheritance tax (IHT) planning, according to new research from Downing
Posted: 08/05/2025
Finova has announced the delivery of a new upgraded application and processing platform built for brokers for Castle Trust Bank
Posted: 08/05/2025
Wealth managers and family offices are concerned that companies are making false claims about the extent to which they use artificial intelligence (AI) and the positive impact it is having on their operations, research from Robocap has revealed
Posted: 07/05/2025
Fintech firm Sikoia has announced the launch of a new partnership with loan origination platform, Mast
Posted: 07/05/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, MPowered Mortgages and Pepper Money
Posted: 07/05/2025
The house buying process is taking 41% longer than expected, the Open Property Data Association (OPDA) has found
Posted: 07/05/2025
There was a significant increase in remortgaging activity in the UK’s housing market during the first quarter of 2025, according to research by Legal & General (L&G)
Posted: 07/05/2025
Seven in every 10 brokers (72%) are optimistic about future growth in the short-term lending market, research by Black & White Bridging has indicated
Posted: 07/05/2025
Seventy-one per cent of specialist buy-to-let (BTL) brokers expect the Bank of England (BoE) to cut the base rate tomorrow, Landbay has revealed
Posted: 07/05/2025
Santander has announced that all of its new build mortgage offers will now be valid for a standard nine months, increasing from six
Posted: 06/05/2025
Less than 2% of estates paying inheritance tax (IHT) have used the gifts out of surplus income gifting rule in the last three years, new analysis from Quilter has shown
Posted: 06/02/2025
The second half of 2024 saw a 49% annual increase in the number of complaints to the Financial Ombudsman Service (FOS)
Posted: 06/05/2025
Countrywide Surveying Services has launched a new decisioning engine, Geoconnect, which is designed to deliver "faster, smarter and more informed" valuation outcomes for lenders, valuers and property professionals
Posted: 06/05/2025
One Mortgage System (OMS) has announced a new partnership with Monument Technology
Posted: 06/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, StreamBank and YBS Commercial Mortgages
Posted: 06/05/2025
Monmouthshire Building Society has launched a new partnership with mortgage technology provider, MQube
Posted: 06/05/2025
The Financial Services Compensation Scheme (FSCS) has confirmed that it is accepting claims against Campbell & Associates Independent Financial Advice, after placing restrictions on the firm
Posted: 02/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Landbay, ModaMortgages and Zephyr Homeloans
Posted: 02/05/2025
The winners of the Wealth & Asset Management Awards 2025 were announced last night at a gala ceremony in London
Posted: 02/05/2025
Moneyhub has extended its partnership with Experian to introduce a new credit dashboard
Posted: 02/05/2025
The OSG Ship Management (UK) Limited Retirement Benefits Plan has completed a £16m full scheme buy-in with Aviva, covering the defined benefit (DB) liabilities for 53 members from OSG
Posted: 02/05/2025
Net mortgage approvals fell for the third month running in March, to a total 64,300, new Bank of England (BoE) figures have shown.
The figure, which is approvals net of cancellations for house purchases, was 800 down on February’s total
The figure, which is approvals net of cancellations for house purchases, was 800 down on February’s total
Posted: 01/05/2025
Leeds Building Society has launched a new partnership with Experian to improve the accuracy of its reported financed emissions within its residential lending portfolio
Posted: 01/05/2025
Lloyds Banking Group has seen its profit before tax drop by 7% year-on-year in the first quarter, reaching £1.53bn
Posted: 01/05/2025
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, 7IM and Keystone Property Finance
Posted: 01/05/2025
Loughborough Building Society has joined the PMS Mortgage Club panel, expanding intermediary access to its range of specialist mortgage solutions
Posted: 01/05/2025
Many adults in the UK are “misguided” in their knowledge about estate planning, wills, and the laws of succession, according to research from Canada Life
Posted: 30/04/2025
Two in three (66%) independent financial advisers (IFAs) are feeling negative about cryptocurrency as an investment opportunity for their clients, new research by Opinium has revealed
Posted: 30/04/2025
Barclays UK has recorded a 14% increase in income to £2.07bn in its first quarter, driven by "higher structural hedge income" and the acquisition of Tesco Bank
Posted: 30/04/2025
Bridging loan activity has remained relatively stable in the first quarter of 2025, according to the latest Bridging Trends data
Posted: 30/04/2025
Today's round up of developments coming out of the consumer finance space, featuring LendInvest Mortgages, Inspired Lending and Vida Homeloans
Posted: 30/04/2025
Residential property transactions hit a total 164,650 in March, a figure up 89% on the same month in 2024, new data published by HMRC has shown
Posted: 30/04/2025
Selina Finance has rolled out the next phase of its integration with One Mortgage System (OMS) to give brokers faster access to its decision in principle (DIP) process
Posted: 30/04/2025
There are far more landlords planning to sell off property than invest in the next year, new research from Pegasus Insight has indicated
Posted: 29/04/2025
The Gleaner Pension Scheme has completed a £7.5m buy-in with Aviva, securing the benefits of all 121 members, comprising 26 deferred and 95 pensioner members, and covering all the scheme liabilities.
Posted: 29/04/2025
HSBC UK has reported a pre-tax profit of $1.71bn (£1.28bn) in its Q1 results, a figure up from $1.66bn in the previous quarter, but down from $1.81bn in Q1 last year
Posted: 29/04/2025
LHV Bank has seen its loan book increase by over 30% quarter-on-quarter in Q1 2025, reaching £400m
Posted: 29/04/2025
Stonebridge and Warwickshire-based broker firm, Matt Clarke Mortgage Services, have renewed their partnership with a new long-term deal
Posted: 29/04/2025
Equifax UK has called on the lending industry to unite in accelerating financial inclusion and tackling economic abuse, in an open letter to the industry
Posted: 29/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Black & White Bridging, Hampshire Trust Bank and Alternative Bridging Corporation
Posted: 29/04/2025
Owner-occupiers over the age of 60 now hold a record £2.89trn of net housing wealth in homes, worth a total £2.95trn, according to estimates from Savills
Posted: 28/04/2025
The College of Law Pension and Assurance Scheme has agreed an £85m buy-in with Royal London, meaning that all scheme liabilities are now fully covered by insurance contracts
Posted: 28/04/2025
The increase in stamp duty thresholds could be a ‘cliff-edge moment’ for first-time buyers (FTBs), according to the Yorkshire Building Society
Posted: 28/04/2025
Mansfield Building Society has announced that it reached over £125m in new mortgage lending in 2024
Posted: 28/04/2025
The British Business Bank has accredited Creative Growth Finance (CGF) as a delivery partner under its Growth Guarantee Scheme
Posted: 28/04/2025
More than half (53%) of commercial mortgage brokers have seen an increased appetite from their commercial clients for external funding, Atom bank has found
Posted: 28/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, CHL Mortgages for Intermediaries and Castle Trust Bank
Posted: 28/04/2025
Advisers are risking potential regulatory issues if they do not consider wills and Lasting Power of Attorney (LPAs) when recommending later life lending products, Key Later Life Finance has warned
Posted: 25/04/2025
Vida Homeloans has announced the integration of an automated valuation model (AVM) into its mortgage application process
Posted: 25/04/2025
Legal & General’s Mortgage Services business has announced the addition of Harpenden Building Society to its surveying services panel
Posted: 25/04/2025
London-based boutique wealth management firm K2 Private Wealth has launched this week, seeking to attract clients finding it difficult to access traditional private banks
Posted: 25/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Rosemount Financial Solutions (IFA), Nationwide and Hampshire Trust Bank
Posted: 25/04/2025
The Department for Work and Pensions (DWP) has repaid £804.7m to individuals impacted by historical state pension underpayments
Posted: 24/04/2025
The Financial Conduct Authority (FCA) has announced plans to streamline the rules on the types of funds that investment firms must hold to absorb losses during periods of stress
Posted: 24/04/2025
AJ Bell increased its assets under administration (AUA) to a record £90.4bn in its second quarter, a figure up 13% on last year
Posted: 24/04/2025
The Bridging & Development Lenders Association (BDLA) has announced Together as the latest lender member to join the association
Posted: 24/04/2025
The Open Property Data Association (OPDA) has welcomed four new member firms this month
Posted: 24/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Standard Life Home Finance, Atom bank and LiveMore
Posted: 24/04/2025
ModaMortgages has joined All Money Matters’ lender panel via the 1APP aggregator platform
Posted: 24/04/2025
United Trust Bank's total mortgage lending has surpassed the milestone of £2bn since it first launched into the sector
Posted: 23/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Nationwide, One Mortgage System and Fleet Mortgages
Posted: 23/04/2025
The housing market has overseen a decline in consumer confidence during the first quarter of 2025, new research from the Building Societies Association (BSA) has revealed
Posted: 23/04/2025
Financial adviser Shackleton has announced the launch of a new personal injury and court of protection division
Posted: 23/04/2025
Inheritance tax (IHT) receipts increased by £800m in the 2024/25 financial year, with a record £8.2bn collected between April 2024 and March 2025, HMRC has revealed
Posted: 23/04/2025
Overall product choice in the savings market has risen to a record high in April, as has the number of cash ISAs, new Moneyfacts data has shown
Posted: 22/04/2025
Keystone Property Finance has introduced a “refurb to let” range to meet broker and borrower demand for refurbishment finance
Posted: 22/04/2025
Investor confidence in UK markets fell by 28% in the first week of April, Hargreaves Lansdown has found
Posted: 22/04/2025
The volume of mortgage completions in the UK increased by 50% month-on-month in March to the highest level recorded since September 2021, Barclays Property Insights has revealed
Posted: 22/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Hinckley & Rugby for Intermediaries, LendInvest Mortgages and Evelyn Partners
Posted: 22/04/2025
HALO Invest has unveiled a new research product aimed at supporting investors in finding investment opportunities as it prepares to launch a new adviser platform in the UK
Posted: 17/04/2025
Connect for Intermediaries has added April Mortgages to its lender panel, making Connect one of a restricted number of networks where advisers can access April’s product range
Posted: 17/04/2025
Fifty per cent of UK adults do not know how much they’ll receive in their state pension, Standard Life has found
Posted: 17/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Kuflink and The Mortgage Works
Posted: 17/04/2025
Later life lending platform Air has launched a new app for its Air Club members which will deliver product rate notifications as well as market insight videos from industry experts
Posted: 17/04/2025
Swedish wealth manager Söderberg & Partners has made investments into four more UK-based independent financial adviser (IFA) firms
Posted: 16/04/2025
Thirty-eight per cent of advisers are "regularly turning away" potential new clients enquiring about later life lending options because they lack confidence in providing a suitable service, Key Later Life Finance has found
Posted: 16/04/2025
The rate of inflation slowed again in March to reach 2.6%, the Office for National Statistics (ONS) has revealed
Posted: 16/04/2025
Annual house price growth accelerated to 5.4% in the year to February, new Office for National Statistics (ONS) data has shown
Posted: 16/04/2025
Dudley Building Society has been added to Mortgage Intelligence’s lender panel, providing network members with access to its range of specialist mortgage products
Posted: 16/04/2025
Mortgage, protection, and financial planning network, Rosemount Financial Solutions (IFA), has added MetLife UK to its protection proposition
Posted: 16/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Nottingham Building Society, Gatehouse Bank and London Credit
Posted: 16/04/2025
Business volumes across the consumer finance sector increased by 3% in February compared to 2024, the latest data from the Finance & Leasing Association (FLA) has shown
Posted: 15/04/2025
Access Financial Services (FS) has reached a record level of income in its mortgage division, after its revenue increased by 43% year-on-year in its first quarter
Posted: 15/04/2025
Almost 18 million Brits are set to be dragged into the basic rate of income tax by 2027/28 as a result of frozen tax thresholds, Quilter has revealed
Posted: 15/04/2025
Benchmark Capital, a financial planning solutions provider part of the Schroders Group, has acquired the remaining minority stake in Oculus Wealth Management
Posted: 15/04/2025
The Right Mortgage & Protection Network has added buy-to-let (BTL) and bridging lender, Lendco, to its panel
Posted: 15/04/2025
One Mortgage System (OMS) has launched a new partnership with Countrywide Home Surveys, part of Countrywide Surveying Services
Posted: 15/04/2025
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Mansfield Building Society and Atom bank
Posted: 15/04/2025
The Financial Conduct Authority has called on banks and building societies to improve their policies around power of attorney cases
Posted: 14/04/2025
The number of available mortgage deals at 90% and 95% loan-to-value (LTV) have climbed to their highest levels since March 2008, new data published by Moneyfacts has shown
Posted: 14/04/2025
The South East Water Pension Scheme has completed a £120m buy-in with Just Group, securing the benefits of around 700 pensioner and dependent members and almost 300 deferred members
Posted: 14/04/2025
Fifteen per cent of UK homeowners are planning to downsize during the current five-year parliamentary session, new research from Suffolk Building Society has indicated
Posted: 14/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, The Right Mortgage & Protection Network and Melton Building Society
Posted: 14/04/2025
More than three quarters of mortgage brokers (77%) have expressed dissatisfaction with the announcements made by the Chancellor in her Spring Statement, new Landbay research has shown
Posted: 14/04/2025
The average asking price for a house in Great Britain hit a new record of £377,182 in April, Rightmove has found
Posted: 14/04/2025
The first quarter of 2025 has registered a significant increase in first-time buyer searches for mortgages, including a rise in older buyers looking to step onto the property ladder for the first time, according to Legal & General (L&G)
Posted: 11/04/2025
The Financial Conduct Authority (FCA) has concluded its six-week policy sprint, which aims to support new ways to help consumers make important investment decisions
Posted: 11/04/2025
UK GDP grew by 0.5% month-on-month in February with growth recorded across all sectors, the Office for National Statistics (ONS) has revealed
Posted: 11/04/2025
One in five (19%) independent financial advisers (IFAs) are anticipating an increase in their clients moving money from investments to cash savings, new research by Opinium has shown
Posted: 11/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Nottingham Building Society and ModaMortgages
Posted: 11/04/2025
Air Academy has launched a new fact find learning programme in partnership with the Equity Release Council
Posted: 10/04/2025
more2life has announced a new technology integration with Advise Wise
Posted: 10/04/2025
Nikhil Rathi has been reappointed by the Treasury to serve a second term as chief executive of the Financial Conduct Authority (FCA).
Rathi, who has been in the role at the regulator since 2020, will see his second term run until September 2030
Rathi, who has been in the role at the regulator since 2020, will see his second term run until September 2030
Posted: 10/04/2025
Over one in five (21%) investors who have made financial mistakes in the past regret not researching their investments properly, Columbia Threadneedle Investments has revealed
Posted: 10/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Target Group, LHV Bank and Hampshire Trust Bank
Posted: 10/04/2025
Advisers are increasingly looking for support around inheritance tax (IHT) planning amid growing demand for advice, a new study by investment manager Downing has shown
Posted: 10/04/2025
Phoebus Software has announced a new partnership with Consectus, as it continues to grow its digital partnership ecosystem
Posted: 10/04/2025
Simplybiz Mortgages has reported “strong growth” for last year in both its total lending and overall market share
Posted: 09/04/2025
Rothesay has completed a £105m full scheme buy-in with the Skipton Building Society (2015) Group Pension Scheme
Posted: 09/04/2025
Perspective Financial Group has announced nine new acquisitions of financial planning firms and added £900m in assets under advice to the group
Posted: 09/04/2025
Scottish Friendly has announced plans to acquire the pension and annuity in payment books of business from Fidelity International, subject to regulatory approval
Posted: 09/04/2025
Almost three in 10 (27%) new lifetime mortgage customers list repaying debts and mortgages as the primary reason for taking out the product, Pure Retirement has found
Posted: 09/04/2025
Ninety-four percent of financial planners involve family members when advising in the wealth transfer process, Quilter Cheviot has found
Posted: 09/04/2025
Mortgage and savings software provider, finova, has rolled out a new servicing uplift for specialist business bank, Redwood Bank
Posted: 09/04/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, The Mortgage Works and Rosemount Financial Solutions
Posted: 09/04/2025
Adults holding cash ISAs are almost twice as likely to open a junior cash ISA for their children compared to a junior stocks and shares ISA, the Investment Association has found
Posted: 08/04/2025
Financial services (FS) firms reported slower volumes of business growth in Q1, according to new research by the Confederation of British Industry (CBI)
Posted: 08/04/2025
The number of purchase mortgage searches recorded in March dropped month-on-month by 2.4%, while purchase buy-to-let and residential mortgage searches also fell by 3.43% and 2.23% respectively, Twenty7tec has found
Posted: 08/04/2025
Financial planning firm Finli Group has expanded its UK operations with a further five acquisitions in March
Posted: 08/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Barclays and Vernon Building Society
Posted: 08/04/2025
The Right Mortgage & Protection Network has added Loughborough Building Society to its lender panel
Posted: 08/04/2025
Mortgage Brain has completed an API integration with specialist bank, Aldermore, as part of a move to make it quicker for intermediaries to run criteria searches
Posted: 08/04/2025
Quilter has announced the acquisition of MediFintech, a specialist provider of NHS pension analysis and support services
Posted: 07/04/2025
Tariffs introduced by US President, Donald Trump, could be a "silver lining" for UK mortgage borrowers, AJ Bell has stated
Posted: 07/04/2025
United Trust Bank (UTB) Mortgages has announced a new partnership with mortgage club, Next Intelligence
Posted: 07/04/2025
Almost a third (30%) of DIY investors have said they would opt in to use salary sacrifice schemes, Charles Stanley Direct has found
Posted: 07/04/2025
The Financial Conduct Authority (FCA) has proposed new plans to reform its regime for alternative asset managers
Posted: 07/04/2025
The average house price in the UK dropped by 0.5% month-on-month in March, having fallen by 0.2% in February, Halifax has revealed
Posted: 07/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Standard Life Home Finance, Precise and Molo Finance
Posted: 07/04/2025
finova Broker has announced its latest integration with UnderwriteMe’s protection platform, expanding the choice of protection sourcing solutions available to brokers
Posted: 04/04/2025
Newly launched specialist lender ModaMortgages has joined the PRIMIS Mortgage Network lender panel
Posted: 04/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Canada Life, Hanley Economic Building Society and Mortgage Brain
Posted: 04/04/2025
Around half (49%) of independent financial advisers (IFAs) believe a reduction or removal of the current ISA allowance would prompt clients to move more money into investments, a new Opinium study has shown.
Opinium published its research, based on an online survey of 200 IFAs, ahead of savers rushing to meet this weekend’s tax year-end deadline
Opinium published its research, based on an online survey of 200 IFAs, ahead of savers rushing to meet this weekend’s tax year-end deadline
Posted: 04/04/2025
Market Financial Solutions has become the latest firm to join The Right Mortgage and Protection Network’s panel of lenders
Posted: 04/04/2025
A former non-executive director at Wyelands Bank, George Hambro, has been fined £72,000 by the Prudential Regulation Authority (PRA) for breaching its conduct rules
Posted: 03/04/2025
Retail investors are "overwhelmingly opposed" to scrapping or restricting access to cash ISAs, adding that they are doubtful that changes would boost stock market investing, Rathbones Group has found
Posted: 03/04/2025
Quantum Mortgages has announced its entry into the bridging market with the launch of a new short-term finance proposition
Posted: 03/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Foundation Home Loans and United Trust Bank Mortgages
Posted: 03/04/2025
Second charge mortgages have cemented their position as the fastest-growing segment in the post-pandemic UK property finance market, according to analysis by Pepper Money
Posted: 03/04/2025
Compare the Market has launched a new partnership with Fluent Money to further expand its money eligibility and comparison service
Posted: 03/04/2025
The number of buy-to-let (BTL) mortgage loans advanced in the UK jumped by 39.2% in the last quarter of 2024 to 52,648, UK Finance has revealed
Posted: 02/04/2025
MagiClick has announced the renewal of its partnership with Vida Bank, following the implementation of a modern digital platform with the specialist mortgage bank
Posted: 02/04/2025
Meridian Mortgages Group has acquired William Lowden & Associates, a Bedfordshire-based mortgage broker specialising in the new build sector
Posted: 02/04/2025
TransUnion has completed the acquisition of credit prequalification and distribution platform, Monevo, from Quint Group
Posted: 02/04/2025
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Buckinghamshire Building Society and ModaMortgages
Posted: 02/04/2025
A quarter (24%) of ISA savers are not aware there is a tax deadline for their £20,000 ISA allowance, meaning some could be missing out on accruing tax-free interest on their savings, Charles Stanley has found
Posted: 01/04/2025
UK house prices remained flat month-on-month in March ahead of the April stamp duty changes, Nationwide has revealed
Posted: 01/04/2025
Wealthtime has rebranded to The Quanta Group and become a fully integrated wealth manager, following its acquisition of Craven Street Wealth
Posted: 01/04/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Gatehouse Bank and Black & White Bridging
Posted: 01/04/2025
Forty-seven per cent of buy-to-let (BTL) landlords have no intention of selling any properties in the next 12 months, according to a new survey from Landbay
Posted: 01/04/2025
The Prudential Regulation Authority (PRA) has proposed an increase to the deposit protection limit of the Financial Services Compensation Scheme (FSCS), from £85,000 to £110,000
Posted: 31/03/2025
Quilter Financial Planning has added the newly launched, Northern Ireland-based, PHW Wealth Partners to its advice network
Posted: 31/03/2025
Net mortgage approvals for house purchases fell by 600 in February to a total 65,500, new figures released by the Bank of England (BoE) have shown
Posted: 31/03/2025
Market Financial Solutions has upsized and extended multiple institutional funding lines, securing up to £1bn in additional capital
Posted: 31/03/2025
Today's round up of developments coming out of the consumer finance space, featuring HLPartnership, Nucleus Financial Platforms and Asset Advantage
Posted: 31/03/2025
Today's round up of developments coming out of the consumer finance space, featuring The Right Mortgage & Protection Network, Atom bank and Santander
Posted: 28/3/2025
The value of property wealth owned by those aged 65 and over has reached £2.944trn, Key Later Life Finance has found
Posted: 28/3/2025
Evelyn Partners’ assets under management (AUM) increased by £3.9bn in 2024 to a record £63bn, as the firm focused in on his wealth business, its annual report has revealed
Posted: 28/3/2025
UK residential property transactions totalled 90,430 in February, which is a year-on-year increase of 24%, HM Revenue and Customs (HMRC) has revealed
Posted: 28/3/2025
The first-time buyer (FTB) market was valued at £106bn in 2024, driven by an increase in FTB numbers and property prices, GetAgent has found
Posted: 27/03/2025
Independent financial adviser (IFA) and wealth management firm Shackleton has completed the acquisition of PK Group
Posted: 27/03/2025
AJ Bell has agreed to sell its Platinum SIPP and SSAS business to InvestAcc for a deal worth up to £25m
Posted: 27/03/2025
Almost one in five (17%) UK adults have "never heard" of a stocks and shares ISA, while 25% of those who have heard of the investment product don’t know anything about it, The Investment Association has revealed
Posted: 27/03/2025
Fintel has confirmed the appointment of Tom Hegarty as the new CEO of Simplybiz
Posted: 27/03/2025
Advisers have reported a surge in demand for inheritance tax (IHT) planning advice, with new clients accounting for most of the enquiries, research by Downing has found
Posted: 27/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Saffron Building Society, Nottingham Building Society and Hargreaves Lansdown
Posted: 27/03/2025
Growth estimates for the UK in 2025 have been halved to 1% by the Office for Budget Responsibility (OBR), the Chancellor of the Exchequer, Rachel Reeves, has announced in the Spring Statement
Posted: 26/3/2025
The average house price in the UK jumped by 4.9% year-on-year in January, which is the highest rate of growth in property prices since February 2023, the Office for National Statistics (ONS) has found
Posted: 26/3/2025
Today's round up of developments coming out of the consumer finance space, featuring Offa, LiveMore and Atom bank
Posted: 26/3/2025
CHL Mortgages for Intermediaries has announced a new partnership with PRIMIS Mortgage Network
Posted: 26/3/2025
The rate of inflation in the UK slowed to 2.8% in the 12 months to February, the Office for National Statistics (ONS) has revealed.
This compares to consumer price index (CPI) inflation totalling 3% in the year to January
This compares to consumer price index (CPI) inflation totalling 3% in the year to January
Posted: 26/3/2025
The Financial Conduct Authority (FCA) has launched an action plan in which it has outlined proposals to review its expectations for mortgages and lending, and explore how it can simplify communications about savings accounts
Posted: 25/3/2025
Global insurance and employee benefits intermediary group Howden has announced plans to acquire Barnett Waddingham for an undisclosed amount
Posted: 25/3/2025
One Mortgage System (OMS) has extended its mainstream reach through a full application programming interface (API) integration with Nationwide Building Society
Posted: 25/3/2025
Today's round up of developments coming out of the consumer finance space, featuring Landbay, United Trust Bank and Family Building Society
Posted: 25/3/2025
Over a quarter (27%) of tenants expect their rent to increase following the introduction of the Renters’ Rights Bill (RRB), Pegasus Insight has found
Posted: 24/3/2025
Anglo American Services (UK) has completed a £785m combined buy-in with Legal & General Assurance Society (L&G) for three of its defined benefit (DB) schemes
Posted: 24/3/2025
The Financial Conduct Authority (FCA) has launched a market study into how well the distribution of pure protection insurance policies is working for customers
Posted: 24/3/2025
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Access Financial Services and Loughborough Building Society
Posted: 24/3/2025
Mortgage affordability weakened for the second month in a row in January, according to new analysis from Stonebridge
Posted: 21/03/2025
The amount of inheritance tax (IHT) collected by HMRC has reached £7.6bn in the 11 months to February, surpassing the annual record with a month to spare.
HMRC took the previous annual record last year, when IHT receipts totalled £7.5bn across the full 2023/24 financial year
HMRC took the previous annual record last year, when IHT receipts totalled £7.5bn across the full 2023/24 financial year
Posted: 21/03/2025
Savers are increasingly switching cash from instant access and notice accounts to fixed rate accounts in the expectation of more Bank of England (BoE) base rate cuts, Investec Save has found
Posted: 21/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Interbay, Bank of Ireland for Intermediaries and YBS Commercial Mortgages
Posted: 21/03/2025
There was £146m worth of new business agreed in the second charge mortgage market in January, new figures released by the Finance & Leasing Association (FLA) have shown
Posted: 21/03/2025
The Church of Scotland Pension Trustees has completed a £75m multi-scheme buy-in with Just Group, insuring the benefits of 1,500 pensioner and dependant members and 850 deferred members
Posted: 20/03/2025
One in every five cash ISA savers (20%) would switch to investing in the UK stock market if the cash ISA allowance was to be reduced or abolished
Posted: 20/03/2025
The Bank of England (BoE) has opted to hold interest rates at their current level of 4.5%
Posted: 20/03/2025
Awareness of product innovation in the later life lending market is growing but advisers have admitted they need more support, according to findings from Air
Posted: 20/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Accord Mortgages and Dudley Building Society
Posted: 20/03/2025
The UK property market is experiencing demand from a much wider range of international investors than is commonly assumed, RAW Capital Partners has stated
Posted: 20/03/2025
Tech provider Mortgage Brain has added Gatehouse Bank to its Sourcing Brain and Criteria Brain platforms
Posted: 20/03/2025
The Finance Family has migrated its team of 20 brokers over to Acre’s intermediary platform, as it looks to build on its growth plans
Posted: 19/03/2025
Quilter Financial Planning has announced Forseti Wealth Partners as its latest appointed representative (AR) firm
Posted: 19/03/2025
Lenders, loan providers, and credit and capital allocators are meeting in London today at the FTT Lending conference at County Hall
Posted: 19/03/2025
The MoneyAge Awards 2025 are now open to entries from firms across the personal finance space serving clients in the UK
Posted: 19/03/2025
Financielle Partners has announced a new partnership with UK broker, LifeSearch, to support and encourage more women to consider their protection needs
Posted: 19/03/2025
Less than one in 10 borrowers (8%) are worrying about the long-term financial burden of getting a mortgage, a broker study from MPowered Mortgages has found
Posted: 19/03/2025
Standard Life has furthered its strategic partnership with Fidelity International by launching the guaranteed lifetime income plan
Posted: 19/03/2025
Today's round up of developments coming out of the consumer finance space, featuring more2life, Accord Mortgages and United Trust Bank
Posted: 19/03/2025
Six in 10 mortgage brokers (58%) are open to AI playing a bigger role in the sector, according to new research from Nottingham Building Society
Posted: 18/03/2025
Hinckley & Rugby for Intermediaries has expanded its partnership with PEXA and Optima Legal by launching its fee-assisted remortgage service
Posted: 18/03/2025
Mortgage advisers are failing over-50s on later life lending advice by not making them aware of all their options, Key Later Life Finance has warned
Posted: 18/03/2025
Over £54bn of adult cash ISA savings are earning 2% interest or below, with the majority being held in instant access accounts, Paragon Bank has found
Posted: 18/03/2025
The average number of monthly mortgage completions has increased by 26% in the wake of the Autumn Budget since changes to stamp duty were first announced, data released by Barclays has shown
Posted: 18/03/2025
Today's round up of developments coming out of the consumer finance space, featuring The Cumberland for Intermediaries, Offa and Invesco
Posted: 18/03/2025
Norton Home Loans has partnered with London & Country (L&C) Mortgages to expand access to its specialist mortgage solutions
Posted: 18/03/2025
Isle of Man-based Boston Multi Family Office has completed the acquisition of family office and fiduciary business Aqua Group
Posted: 17/03/2025
The Financial Conduct Authority (FCA) has fined the founder of Odey Asset Management (OAM) LLP, Crispin Odey, £1.8m and banned him from the UK financial services industry for a "lack of integrity"
Posted: 17/03/2025
Metro Bank has launched a new partnership with Covecta, an AI platform for financial services that will be deployed across its corporate and commercial credit businesses
Posted: 17/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Bank, The Mortgage Works and Aspen Bridging
Posted: 17/03/2025
The number of cash ISA products available on the market has risen to 598 deals, its highest ever level, according to new data published by Moneyfacts
Posted: 17/03/2025
Thirty-one per cent of independent financial advisers (IFAs) have said they see succession planning as "vital", research by ValidPath has found
Posted: 17/03/2025
Masthaven has become the latest firm to join the Bridging & Development Lenders Association (BDLA) as a lender member
Posted: 17/03/2025
The Fuller’s Defined Benefit (DB) Pension Plan has secured a full buy-in with Legal & General (L&G), following recent funding improvements
Posted: 14/03/2025
The commercial lending arm of Yorkshire Building Society, YBS Commercial Mortgages, grew its balance sheet to £2.2bn in 2024
Posted: 14/03/2025
Gross lending to UK SMEs by the main high street banks increased by 13% in 2024 to just over £16bn, new figures released by UK Finance have shown
Posted: 14/03/2025
UK GDP has fallen by 0.1% in January after an increase of 0.4% in December, the Office for National Statistics (ONS) has revealed
Posted: 14/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Nottingham Building Society and Bridge Help
Posted: 14/03/2025
Fund outflows returned in January after two consecutive months of inflows as investors faced “increased uncertainty”, data from the Investment Association (IA) has revealed
Posted: 13/03/2025
The Cumberland has launched a new partnership with tech firm, Uinsure, to provide home insurance to its members
Posted: 13/03/2025
Octopus Money has launched a new partnership with Aveni.ai which will see the firm adopt Aveni’s AI solutions across its adviser and coaching teams
Posted: 13/03/2025
Over one in three UK landlords (36%) are planning to expand their property portfolios in 2025, a new study by Market Financial Solutions has indicated
Posted: 13/03/2025
MorganAsh has launched a series of workshops on customer vulnerability to help firms meet the requirements of Consumer Duty
Posted: 13/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Alternative Bridging Corporation, Just Mortgages and Keychain
Posted: 13/03/2025
Rosemount Financial Solutions (IFA) has announced a new partnership with Chetwood Bank
Posted: 13/03/2025
The Financial Conduct Authority (FCA) has scrapped its “name and shame” proposals following widespread criticism from the financial services industry
Posted: 12/03/2025
The number of additional rate taxpayers increased by 9.5% between 2021/22 and 2022/23, HM Revenue and Customs (HMRC) has revealed
Posted: 12/03/2025
Eight in ten (83%) high net worth individuals (HNWIs) are expecting taxes to rise further in the next 12 months, a new study by Saltus has indicated
Posted: 12/03/2025
The Payment Systems Regulator (PSR) is to be abolished under new plans by the Government to cut back regulation and “reduce red tape”.
The Government has confirmed that the PSR, the economic regulator for the £81trn payment systems industry in the UK, will mainly be consolidated into the Financial Conduct Authority (FCA)
The Government has confirmed that the PSR, the economic regulator for the £81trn payment systems industry in the UK, will mainly be consolidated into the Financial Conduct Authority (FCA)
Posted: 12/03/2025
Standard Life has successfully reunited customers with £50m in lost pension savings within five months of launching its partnership with pension-finding platform, Raindrop
Posted: 12/03/2025
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Aubrey Capital Management and YBS Commercial Mortgages
Posted: 12/03/2025
Over half (51%) of UK mortgage brokers have described finding suitable financial products for high-net-worth individuals (HNWIs) as a "significant hurdle", research by Butterfield Mortgages has found
Posted: 12/03/2025
Nationwide is sending a £50 payment to more than 12 million of its customers, the building society has announced
Posted: 11/03/2025
Next Intelligence has appointed Market Financial Solutions to its panel of lenders
Posted: 11/03/2025
Over four in five (81%) advisers and wealth managers expect the proportion of clients using business relief for inheritance tax (IHT) planning to increase, Downing has found
Posted: 11/03/2025
The value of all UK residential mortgages crept up by 0.5% in the fourth quarter of 2024, to a total £1.68trn, new Bank of England (BoE) figures have shown.
This was 1.3% higher than the same quarter a year earlier and the highest stock of outstanding mortgage loans since the BoE’s reporting began in 2007
This was 1.3% higher than the same quarter a year earlier and the highest stock of outstanding mortgage loans since the BoE’s reporting began in 2007
Posted: 11/03/2025
Today's round up of developments coming out of the consumer finance space, featuring West One Loans, Yorkshire Building Society and Metro Bank
Posted: 11/03/2025
More than half (54%) of advisers are expecting a rise in enquiries about later life lending in the next 12 months, new research from Key Later Life Finance has revealed
Posted: 11/03/2025
The Intermediary Mortgage Lenders Association (IMLA) has appointed finova as an associate member
Posted: 11/03/2025
The A Gomez Limited Retirement Benefits Scheme has completed a £4.8m buyout with Aviva following a six-month process
Posted: 10/03/2025
Seven adviser firms have joined Clifton Wealth Partnership (CWP) following an acquisition and integration process
Posted: 10/03/2025
Almost three quarters (74%) of independent financial advisers (IFAs) have re-evaluated the role of annuities in retirement planning following changes made in the Autumn Budget, Standard Life has found
Posted: 10/03/2025
The former chief executive of the Association of Mortgage Intermediaries (AMI), Rob Sinclair, has warned brokers that lenders will look to take more market share from them in the coming years
Posted: 10/03/2025
The average shelf-life of a mortgage product has fallen to 16 days, down from 36 days a month previously, according to new Moneyfacts data
Posted: 10/03/2025
Investment confidence among UK adults has increased by 25% year-on-year in 2024, research by Moneybox has revealed
Posted: 10/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Bank, Atom bank and Countrywide Surveying Services
Posted: 10/03/2025
The Financial Conduct Authority is encouraging vulnerable customers to open up to financial services firms to get the right support
Posted: 07/03/2025
The number of parents providing support for their children with house deposits has increased by 46% over the past five years, Twenty7tec has revealed
Posted: 07/03/2025
The wealth gap between UK households who receive financial advice and those who have no financial plan in place is around £155,000 on average, research from St James’s Place (SJP) has shown
Posted: 07/03/2025
Annual house price growth remained steady at 2.9% in the year to February, the latest Halifax House Price Index (HPI) has shown.
This figure was unchanged from the rate of annual growth in January although the average UK house price did however see a slight monthly dip of -0.1%, following a 0.6% increase in January
This figure was unchanged from the rate of annual growth in January although the average UK house price did however see a slight monthly dip of -0.1%, following a 0.6% increase in January
Posted: 07/03/2025
Today's round up of developments coming out of the consumer finance space, featuring LendInvest Mortgages, Landbay and Fleet Mortgages
Posted: 07/03/2025
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have appointed Martyn Beauchamp as the new chief executive officer (CEO) of the Financial Services Compensation Scheme (FSCS)
Posted: 06/03/2025
There is still appetite among landlords to buy new property despite the recent changes to stamp duty on additional investment properties, new research from Landbay has indicated
Posted: 06/03/2025
Seventy per cent of financial planning firms have a positive outlook for growth over the next 12 months, research by Saltus has revealed
Posted: 06/03/2025
At least 158 banking IT failure incidents at nine of the UK's largest banks and building societies have affected millions of banking customers’ ability to access services in the last two years, new data published by the Treasury Committee has revealed
Posted: 06/03/2025
Today's round up of developments coming out of the consumer finance space, featuring London Credit, StreamBank and CHL Mortgages for Intermediaries
Posted: 06/03/2025
Valuation panel management group, VAS, has joined the Intermediary Mortgage Lenders Association (IMLA) as an associate member
Posted: 06/03/2025
The Right Mortgage & Protection Network has added specialist buy-to-let (BTL) lender, ModaMortgages, to its panel
Posted: 06/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Gatehouse Bank, West One Loans, and Precise
Posted: 05/03/2025
Nivo has launched an AI-powered product that aims to help specialist lenders grow without hiring more people
Posted: 05/03/2025
The Inchcape Motors Pension Scheme has completed a £505m buy-in with Legal & General (L&G) Assurance Society, covering the benefits of 2,295 retirees and 5,890 deferred members
Posted: 05/03/2025
Shackleton has rolled out VouchedFor’s client survey, Elevation, across its group as part of a wider move to improve its clients’ experience and also meet Consumer Duty requirements
Posted: 05/03/2025
Mortgage, protection, and financial planning network Rosemount Financial Solutions (IFA) has added Redwood Bank to its lender panel
Posted: 05/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Black & White Bridging, and Atom bank
Posted: 04/03/2025
The Financial Ombudsman Service (FOS) received 68,430 complaints in the final three months of 2024
Posted: 04/03/2025
The share of gross lending by challenger and specialist banks has reached 60%, the highest level on record, a new report from the British Business Bank has revealed.
According to the findings, challenger and specialist banks are also continuing to outperform the UK’s bigger traditional banks
According to the findings, challenger and specialist banks are also continuing to outperform the UK’s bigger traditional banks
Posted: 04/03/2025
Partners Wealth Management (PWM) has completed the acquisition of Scotland-based wealth management business Johnston Carmichael Wealth
Posted: 04/03/2025
Savers grew the overall amount held in adult cash ISAs by £45bn last year as more people opted for the tax-free wrapper, research by Paragon Bank has shown
Posted: 04/03/2025
Today's round up of developments coming out of the consumer finance space, featuring Key, Barclays and Afin Bank
Posted: 03/03/2025
The Financial Conduct Authority (FCA) has started criminal proceedings against Kerry Nelson and Jacqueline Stephens for alleged fraud, forgery, and money laundering
Posted: 03/03/2025
Is 2025 the year of the remortgage?
An estimated 1.8 million fixed rate mortgage deals are due to expire in 2025, 400,000 more than in 2024. This surge in remortgaging presents a critical opportunity for mortgage brokers to offer essential advice and financial support to homeowners across the UK, ensuring they transition smoothly to new deals amid stabilising interest rates and heightened affordability checks.
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
The UK housing market in 2024
The performance of the UK housing market in 2024 has largely exceeded many people's expectations, although challenges remain for first-time buyers due to house prices increasing and a testing rental market for many. Regional disparities, such as the North-South divide, also continue to influence housing accessibility and affordability for many buyers in pockets of the country.
© 2019 Perspective Publishing Privacy & Cookies