Archive News

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.

In its latest monthly house price index, the firm revealed that the average house price in March stood at £361,368, an increase of 0.1% from February
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
The average house price in the UK has dropped by £2,900 month-on-month, with the typical UK home now costing £288,430, Halifax has found
Posted: 05/04/2024
The Financial Ombudsman Service (FOS) has increased the number of complaints it is predicting to receive in the 2024/25 financial year to 210,000
Posted: 05/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Standard Life Home Finance and Skipton Building Society
Posted: 05/04/2024
Only a third of high net-worth-individuals (HNWIs) have contributed more than £40,000 to their pension fund, 12 months after the allowance was increased to £60,000, Saltus has found
Posted: 05/04/2024
The number of new properties coming to market has increased by 18% between January and February, Propertymark has found
Posted: 04/04/2024
Mortgage technology provider Twenty7tec has partnered with EV to provide over 2,500 advisers with access to EV’s attitude to risk questionnaire (ATRQ)
Posted: 04/04/2024
The Financial Conduct Authority (FCA) has obtained £1.6m from Argento Wealth and its sole director, Daniel Willis, after he promoted two alleged unlawful investment schemes
Posted: 04/04/2024
Paradigm Consulting has launched a new partnership with directly authorised (DA) mortgage brokerage firm, Xpress Mortgages
Posted: 04/04/2024
Forty-seven per cent of Gen Z are planning on moving to part-time work as they approach retirement in a bid to boost their retirement savings, research by Standard Life has indicated
Posted: 04/04/2024
One Mortgage System (OMS) has announced a full API integration with Source Insurance to enhance its users’ general insurance (GI) experience
Posted: 04/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Broadstone and Aspen Bridging
Posted: 04/04/2024
The total value of new buy-to-let (BTL) lending reached £6.3bn in the fourth quarter of 2023, a fall of 55.4% on Q4 2022
Posted: 03/04/2024
The Energizer UK Pension Plan has completed a £44m full buy-in deal with Just Group, securing the benefits of all scheme members, including 409 pensioners and 358 deferred members
Posted: 03/04/2024
Söderberg & Partners Asset Management has launched a new discretionary fund management (DFM) business which will be available on several adviser platforms
Posted: 03/04/2024
Almost two in five (39%) 18-year-olds with a matured junior ISA (JISA) have put more money in than they took out within the first month of accessing the account, interactive investor has revealed
Posted: 03/04/2024
Specialist finance provider Time Finance has agreed a facility increase with the British Business Bank that will provide £29.4m of funding to smaller UK businesses
Posted: 03/04/2024
The gap between the poorest and richest single pensioners has increased "considerably" over the past decade, Broadstone has found
Posted: 03/04/2024
Today's round up of developments coming out of the consumer finance space, featuring London Credit, Hymans Robertson and Asda Money
Posted: 03/04/2024
De Beers UK Pension Scheme has completed an £870m full buy-in with Pension Insurance Corporation (PIC), securing the pensions of 1,464 current pensioners and 473 deferred members
Posted: 02/04/2024
Over a third (34%) of adults have stated that the cost of childcare has stopped them from saving for their retirement, Phoenix Group has found
Posted: 02/04/2024
Foundation Home Loans has added Fiducia Commercial Network to its key partners distribution panel
Posted: 02/04/2024
Net mortgage approvals for UK house purchases increased to 60,400 in February, up from 56,100 in January, according to new Bank of England (BoE) figures
Posted: 02/04/2024
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, CapitalRise and Spring Finance
Posted: 02/04/2024
First-time buyers who use a lifetime ISA (LISA) to purchase their first property are, on average, four years younger than those who do not, Tembo has found
Posted: 02/04/2024
Annual house price growth increased by 1.6% in March, following on from a 1.2% rise in February, Nationwide has found
Posted: 02/04/2024
Two men have been sentenced for their roles in a £3m mortgage fraud case following a prosecution brought by the Financial Conduct Authority (FCA)
Posted: 28/03/2024
Forty-five per cent of UK homebuyers would consider using an ethical home finance provider that aligns with Islamic principles, a new study by Gatehouse Bank
Posted: 28/03/2024
There is a new generation of customers emerging with different mortgage needs from the traditional equity release customer, according to new research from Air
Posted: 28/03/2024
The estimated number of residential transactions in the UK fell by 6% year-on-year in February to 82,940, HM Revenue and Customs (HMRC) has revealed
Posted: 28/03/2024
The number of house sales agreed in the UK in the first quarter of the year increased by 9% year-on-year, Zoopla has found
Posted: 28/03/2024
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, MPowered Mortgages and Buy to Let by Foundation
Posted: 28/03/2024
The Right DA Club has added Ceta to its general insurance (GI) panel
Posted: 28/03/2024
Investment in venture capital trusts (VCTs) has increased by 18.8% in March compared to the same period last year, analysis by Wealth Club has shown
Posted: 27/03/2024
Yorkshire Building Society has launched a new £5,000 deposit mortgage to help people looking to reach their homeownership targets
Posted: 27/03/2024
Just 12% of adults have included at least one digital asset as part of their will, despite 95% owning some form of digital asset, Canada Life has found
Posted: 27/03/2024
One Mortgage System (OMS) has enhanced its application programming interface (API) integration with Tandem Bank
Posted: 27/03/2024
The South West, London and Scotland are now the only regions in the UK where owning a first home is cheaper than renting, Halifax has found
Posted: 27/03/2024
Rosemount Financial Solutions (IFA) has appointed Nurture Financial Solutions as an appointed representative (AR)
Posted: 27/03/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Landbay and LiveMore
Posted: 27/03/2024
Financial services group, Fintel, has announced new investments into mortgage tech provider, Mortgage Brain, and reg-tech provider, ifaDASH
Posted: 26/03/2024
The trustee of the 2013 Next Group Pension Plan has completed a £510m full scheme buy-in deal with Pension Insurance Cooperation (PIC), fully insuring the pension liabilities of over 3,600 pensioners and deferred policyholders
Posted: 26/03/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Foundation Home Loans and Hargreaves Lansdown
Posted: 26/03/2024
The Financial Conduct Authority (FCA) has issued new guidance for firms and online “finfluencers” around how they are promoting financial services
Posted: 26/03/2024
A quarter (24%) of consumers have said that their investment and pensions providers fail to provide quality support and after-sales care, Moneyhub has found
Posted: 26/03/2024
Legal & General Mortgage Club has added April Mortgages to its lender panel
Posted: 26/03/2024
Pantera Property has become the latest firm to join the Association of Short Term Lenders (ASTL) as an associate member
Posted: 26/03/2024
The Government’s stake in NatWest has dropped to below 30% for the first time since the bank was bailed out during the 2008 financial crisis
Posted: 25/03/2024
Just under two fifths (39%) of savers are on track for a moderate retirement income, although some savers, particularly higher earners and homeowners, are doing better than average, according to Hargreaves Lansdown’s latest savings and resilience barometer
Posted: 25/03/2024
Portfolio landlords – those with four or more properties - are the backbone of the private rented sector. Our latest report, Portfolio Landlord 2024, looked into who these landlords are, how they feel about their property business and their plans for expansion
Posted: 25/03/2024
Today's round up of developments coming out of the consumer finance space, featuring Evelyn Partners, United Trust Bank and Newcastle for Intermediaries
Posted: 25/03/2024
The UK’s housing stock is offering the “worst value for money” of any advanced economy, new analysis by the Resolution Foundation has warned
Posted: 25/03/2024
Legal & General (L&G) has reported that its total criteria searches for those looking to invest in property has increased by 105% from December 2023 to the end of February
Posted: 25/03/2024
Mortgage Brain has launched a strategic partnership with SPF Private Clients to support a range of borrowers, from first-time buyers to high-net-worth individuals
Posted: 25/03/2024
M&G has agreed its third bulk purchase annuity (BPA) deal since re-entering the market in 2023, signing a £309m premium on 15 March 2024
Posted: 22/03/2024
Today's round up of developments coming out of the consumer finance space, featuring more2life, CLSQ and Buckinghamshire Building Society
Posted: 22/03/2024
Forty-seven per cent of parents have given their adult children a financial lump sum, new research from Paragon Bank has indicated
Posted: 22/03/2024
Anti-money laundering (AML) software provider SmartSearch has signed an agreement to receive a significant equity investment from Triple Private Equity
Posted: 22/03/2024
Over half (51%) of UK adults have not written a will, nor are they in the process of writing one, Canada Life has found
Posted: 22/03/2024
Almost two thirds (62%) of commercial brokers with SME clients have seen appetite for external financial grow, Atom bank has reported
Posted: 21/03/2024
Wealth and fintech platform, Nokkel, has become the latest firm to join the Equity Release Council
Posted: 21/03/2024
The Bank of England (BoE) has opted to keep its base rate at 5.25%, the fifth time in a row the central bank has held interest rates
Posted: 21/03/2024
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Just Wealth, NatWest and Spring Finance
Posted: 21/03/2024
Almost half (47%) of Gen Z Brits have said that they wouldn’t feel confident when it comes to opening a cash ISA, Shepherds Friendly has found
Posted: 21/03/2024
The MoneyAge Awards 2024 are now open to entries from firms across the personal finance space serving clients in the UK
Posted: 21/03/2024
CapitalRise has expanded its funding capacity and secured an additional 50% increase to an existing institutional funding line
Posted: 21/03/2024
PayPoint and Lloyds Bank have expanded their partnership in a move that will see Lloyds Bank Cardnet become the main card acquiring partner across PayPoint’s network of over 60,000 SME and retailer partners
Posted: 21/03/2024
The amount of inheritance tax (IHT) collected in February increased by £400m year-on-year, with £564m collected over the course of the month
Posted: 21/03/2024
Crystal Specialist Finance (CSF) has introduced a new range of semi-exclusive mortgages for landlords and investors with InterBay
Posted: 20/03/2024
Over three quarters (78%) of UK adults are unaware of a shake-up of the ISA rules that are set to come in next month, Wesleyan Assurance Society has found
Posted: 20/03/2024
Today's round up of developments coming out of the consumer finance space, featuring Zephyr Homeloans, Buy to Let by Foundation and 360 Dotnet
Posted: 20/3/2024
The Financial Conduct Authority (FCA) has written to the chief executives of financial advice firms asking them to review how they provide retirement income advice
Posted: 20/03/2024
Quilter has announced the next round of improvements to its platform, as part of its commitment to improve adviser and client experiences
Posted: 20/03/2024
House prices dropped by 0.6% year-on-year in January, following a 2.2% fall in December, the Office for National Statistics (ONS) has found
Posted: 20/03/2024
The UK’s rate of inflation has fallen to 3.4% for the year to February, a figure down from 4.0% in January
Posted: 20/03/2024
Almost three quarters (74%) of 18 to 34-year-olds have maintained their pension contributions despite the rising cost of living, according to a survey by Brown Shipley
Posted: 19/03/2024
Three in five (61%) investors with £10,000 or more investable assets who have transferred their ISA, GIA, SIPP or pension to another provider have experienced an issue during the process, CMC Invest has revealed
Posted: 19/03/2024
The Financial Conduct Authority (FCA) has handed a £5.95m fine to the former sole controller and chief executive of Indigo Global Partners
Posted: 19/03/2024
Paragon Bank has signed up to the Mortgage Industry Mental Health Charter (MIMHC), the not-for-profit organisation helping finance businesses support their staff
Posted: 19/03/2024
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Saltus and Precise
Posted: 19/03/2024
Over £50bn in pension savings are at risk of being misplaced in abandoned accounts or scattered across multiple lost pots, PensionBee has found
Posted: 19/03/2024
Just over a third (37%) of regulated firms have said they identify the ultimate beneficial owners (UBOs) at companies, a drop from more than half (53%) in 2023, SmartSearch has found
Posted: 19/03/2024
Today's round up of developments coming out of the consumer finance space, featuring MagiClick, Nomo, Kent Reliance for Intermediaries and Nationwide
Posted: 18/3/2024
Two thirds (65%) of people in the UK aged between 25 and 34 years old are currently in debt, with almost half (48%) of people aged between 18 and 24 years old also in the same financial situation, Tesco Bank has found
Posted: 18/3/2024
Over two in five (46%) UK property investors have said they seek out news, analysis and opinion in specialist property and finance websites to inform their investment decisions, Market Financial Solutions (MFS) has found
Posted: 18/3/2024
The average price of newly marketed properties in the UK increased by 1.5% month-on-month, now standing at £368,118, the biggest increase in 10 months, Rightmove has found
Posted: 18/03/2024
UK adults are almost "10 years behind" when it comes to money planning, Octopus Money has found
Posted: 15/3/2024
StreamBank has become the latest firm to join the Association of Short-Term Lenders (ASTL)
Posted: 15/3/2024
Almost half (44%) of British people believe they will retire by their current retirement age, despite many not having a clear financial plan in place, according to research by SmartSave
Posted: 15/3/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Coventry Building Society and MKC Wealth
Posted: 15/3/2024
Smartr365 has announced that it has renewed its longstanding partnership with Legal & General (L&G) Mortgage Club
Posted: 14/3/2024
Today's round up of developments coming out of the consumer finance space, featuring The Right Mortgage & Protection Network, The Right DA Club, MPowered Mortgages and KSEYE
Posted: 14/3/2024
One in seven (14%) retirees have returned to work, as their pension pot is not sufficient enough to fund retirement, Standard Life has found
Posted: 14/3/2024
The pension scheme for an unnamed engineering and construction company has agreed a £37m buyout with Just Group, securing the retirement benefits of 34 pensioners and 132 deferred members
Posted: 14/3/2024
Nearly half (48%) of pension savers are concerned that their savings will not last them through retirement, Investec Wealth and Investment (UK) has found
Posted: 13/3/2024
The trustee of the Ockham Pension Scheme has completed a £110m buy-in with Just Group, securing the benefits of around 700 members in the scheme
Posted: 13/3/2024
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Pepper Money and Atom bank
Posted: 13/3/2024
GDP in the UK has seen a rise of 0.2% in January 2024, after a drop of 0.1% in December, the Office for National Statistics (ONS) has found
Posted: 13/3/2024
The value of outstanding mortgage balances with arrears increased by 50.3% year-on-year, standing at £20.3bn in the final quarter of 2023
Posted: 12/3/2024
The Financial Conduct Authority (FCA) has fined Inspirational Financial Management (IFM), which is in administration, £897,840, after it found that the firm poorly advised members to transfer out of defined benefit (DB) pension schemes, including the British Steel Pension Scheme (BSPS)
Posted: 12/3/2024
Today's round up of developments coming out of the consumer finance space, featuring Mansfield Building Society, Just Mortgages and Mortgage Brain
Posted: 12/3/2024
TMA Mortgage Club has added Dudley Building Society to its lender panel
Posted: 12/3/2024
Almost half (49%) of UK adults have said they would like help in understanding how much they need to save for a comfortable retirement, EV has found
Posted: 12/3/2024
Three out of four home movers are satisfied with the service they received from the last conveyancing solicitor they used, while a similar number (74%) of those who bought their home within the last five years said they would use the same firm again, according to latest research
Posted: 11/03/2024
Almost a quarter (23%) of women aged between 22 and 29 would be frustrated if they could not retire by the time they reached 60, research from Scottish Widows has found
Posted: 11/03/2024
Long-term renting could risk “ruining” retirement resilience, according to analysis from Hargreaves Lansdown, which found that just under a fifth (18%) of renting households are on track for a moderate retirement, compared to 51% of homeowning households
Posted: 11/03/2024
Second charge new business volumes grew by 2% in January 2024, according to latest figures published by the Finance & Leasing Association (FLA)
Posted: 08/03/2024
Searches for second charge mortgages increased by 14% year-on-year in 2023, according to data from Knowledge Bank that’s been released for a dual-branded version of the Pepper Money Specialist Lending Study
Posted: 08/03/2024
Nationwide Building Society has reached an agreement to buy Virgin Money in a £2.9bn deal
Posted: 07/03/2024
News from Finova, Atom bank, Foundation Home Loans, Paradigm and Hampshire Trust Bank...
Posted: 07/03/2024
Average house prices rose by +0.4% in February, the fifth monthly rise in a row, according to the Halifax House Price Index
Posted: 07/03/2024
The rate of capital gains tax (CGT) payable on residential property gains is to be cut from 28% to 24% from 6 April, Chancellor Jeremy Hunt has announced
Posted: 06/03/2024
NS&I is to launch British Savings Bonds, increasing the savings opportunities available to consumers to save for the longer-term, Chancellor Jeremy Hunt announced in today's Spring Budget
Posted: 06/03/2024
Chancellor Jeremy Hunt has today announced a brand new British ISA which will allow an additional £5,000 annual investment for investments in UK equity, and has implemented a 2p cut in national insurance (NI) rates effective in April
Posted: 06/03/2024
Just over 11 million savers have been newly enrolled into a workplace pension since auto-enrolment (AE) was introduced in 2012, data from The Pensions Regulator (TPR) has shown, as it announced plans to boost its employer compliance efforts
Posted: 05/03/2024
News from Hanley Economic Building Society, London Credit, and more...
Posted: 05/03/2024
Almost one in four (22%) UK homeowners with a mortgage – equivalent to 2.8 million people – have said repayments are stopping them from saving more for retirement, according to new findings from the Equity Release Council and Canada Life
Posted: 05/03/2024
Almost three quarters (71%) of advisers have said that they are hoping for an increase in the personal allowance as part of the Spring Budget, Royal London has found
Posted: 4/3/2024
The Greenhous Group (2015) Retirement Benefits Scheme has completed a £19m full buy-in deal with Just Group
Posted: 4/3/2024
Today's round up of developments coming out of the consumer finance space, featuring HLPartnership, SunLife and Quilter
Posted: 4/3/2024
Stonebridge has appointed insurers, Guardian and Zurich, to its protection panel, taking the number of primary providers to eight
Posted: 4/3/2024
Almost three quarters (73%) of pension savers in the UK said they would consider opting for a ‘pot for life’ pension, PensionBee has found
Posted: 4/3/2024
Almost two in five (38%) landlords have said that they would like to expand their property portfolio in the next 12 months, Lendlord has found
Posted: 4/3/2024
The average UK house price jumped by 0.7% in February, according to the latest Nationwide House Price Index.

This resulted in an improvement in the annual rate of house price growth climbing to 1.2% in February, up significantly from -0.2% the previous month
Posted: 01/03/2024
Today's round up of developments coming out of the consumer finance space, featuring Buy to Let by Foundation, Hampshire Trust Bank and LiveMore
Posted: 01/03/2024
The winners of the Mortgage Awards 2024 were announced last night at a gala ceremony in London
Posted: 01/03/2024
More than nine in 10 (92%) regulated firms do not carry out daily monitoring on clients, which potentially exposes them to sanction breaches and financial crime, SmartSearch has found
Posted: 01/03/2024
The number of transactions for residential property registered a 10% year-on-year fall in January, new figures published by HMRC have shown
Posted: 29/02/2024
The amount of debt repaid by individuals increased from £900m in December 2023 to £1.1bn in January 2024, the Bank of England (BoE) has found
Posted: 29/02/2024
Today's round up of developments coming out of the consumer finance space, featuring SortRefer, Royal London and Aviva Investors
Posted: 29/02/2024
The Brightstar Group has renewed its source license agreement with tech provider, Twenty7tec
Posted: 29/02/2024
Targeted support could be a “turning point” for the financial advice industry in the UK, Aviva head of savings and retirement, Alistair McQueen, has said
Posted: 29/02/2024
Zoopla has estimated that house sales in the UK in 2024 will increase by 10% year-on-year, predicting the number of sales to reach 1.1 million
Posted: 29/02/2024
Thirty-eight per cent of mortgage intermediary companies are expanding their operations amid a backdrop of labour market challenges, new research by Paragon Bank has suggested
Posted: 28/02/2024
Paradigm has announced a new partnership with intermediary platform, Acre
Posted: 28/02/2024
There is a PR job to do on financial advice and guidance to help tackle the challenge of the rise of financial influencers, known as ‘finfluencers’, M&G Wealth Advice CEO, Ross Linton has said
Posted: 28/02/2024
UK investors believe cuts to income and corporation tax rather than inheritance tax (IHT) would have a greater boost for the wider economy.

This is a despite a survey from Wealth Club also revealing that IHT remains the tax that investors dislike the most
Posted: 28/02/2024
UK property investors have said that they are "optimistic" for the year ahead, even in the face of economic and regulatory challenges, Market Financial Solutions (MFS) has found
Posted: 28/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, United Trust Bank and Cavendish Legal Group
Posted: 28/02/2024
Last year saw a £100bn fall in balances saved in easy access accounts, the largest withdrawal recorded since the 2008 financial crisis, new analysis by Coventry Building Society has highlighted
Posted: 28/02/2024
Magnet Capital is the latest lender to become a member of the Association of Short Term Lenders (ASTL)
Posted: 28/02/2024
The Financial Conduct Authority (FCA) has launched a new campaign which encourages consumers to shop around for a better savings rate
Posted: 27/02/2024
Equity release is increasingly being explored by the middle classes when looking at the proportion of cases by house value, new analysis from Pure Retirement has indicated
Posted: 27/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Chetwood Financial, Alternative Bridging Corporation and Hodge
Posted: 27/02/2024
Simplifying the tax rules around gifting in the upcoming Budget would help to boost the housing market as well as ease the first-time buyer crisis, Key Later Life Finance has argued
Posted: 27/02/2024
Quilter Financial Planning has welcomed two new appointed representative firms to its advice network
Posted: 27/02/2024
A quarter (25%) of retirees aged between 55 and 64 are unaware of the option to defer their state pension, Just Group has found
Posted: 27/02/2024
The number of affordable options for first-time buyers fell by 40% in 2023, new data from Mortgage Broker Tools (MBT) has indicated
Posted: 27/02/2024
The Competition and Markets Authority (CMA) has stated that “significant intervention” is needed in the British housebuilding market, after it launched an investigation into eight firms
Posted: 26/02/2024
Wealth management firm MKC Wealth has announced the acquisition of financial planning firm Wealth for Women for an undisclosed sum
Posted: 26/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Virgin Money, TMG Mortgage Network and April Mortgages
Posted: 26/02/2024
An estimated £243.9m was lost in Government bonuses from Lifetime ISAs (LISAs) last year, new research from Moneybox has indicated
Posted: 26/02/2024
Standard Life and Fidelity International have announced a strategic partnership with the forthcoming launch of the Standard Life Smoothed Return Pension Fund
Posted: 26/02/2024
Almost half (48%) of 18-34-year-olds admit they have put off life goals, such as having children, due to affordability, Moneyhub has found
Posted: 26/02/2024
The Finance & Leasing Association (FLA) has introduced a new broker accreditation service to help brokers demonstrate compliance with their regulatory responsibilities
Posted: 23/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Hargreaves Lansdown, Specialist 1st and Aspen Bridging
Posted: 23/02/2024
Financial worries and stresses are impacting 45% of people in the UK, research from Yorkshire Building Society and food redistribution charity, FareShare, has indicated
Posted: 23/02/2024
The UK housing market has seen early signs of recovery in 2024, e.surv has said, after buyer demand increased by a third (33%) across the country since December
Posted: 23/02/2024
Almost two thirds (64%) of UK adults, equating to 35 million people, believe they have missed out on financial opportunities in life, research by Moneybox has suggested
Posted: 22/02/2024
finova has announced that its decisioning engine, Optimo, has been adopted by Legal & General Home Finance to power its later life mortgage products
Posted: 22/02/2024
Over seven in 10 (71%) financial advisers said that their clients’ biggest concern is outliving their pension savings, NextWealth has found
Posted: 22/02/2024
Countrywide Surveying Services (CSS) has become the latest associate member of the Equity Release Council
Posted: 22/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Standard Life, Hampshire Trust Bank and Pepper Money
Posted: 22/02/2024
The Chancellor is planning to introduce a 99% loan-to-value (LTV) mortgage scheme as part of his preparations for the upcoming Budget, the Financial Times has reported
Posted: 22/02/2024
Over two in five (42%) regulated firms have reported a rise in financial crime attempts in the past six months, with over a quarter (26%) stating that they have been a victim, SmartSearch has found
Posted: 22/02/2024
Bridging loan books hit a new record high in the fourth quarter of 2023, according to the latest data published by the Association of Short-Term Lenders (ASTL)
Posted: 21/02/2024
The Right Mortgage has announced a new relationship with intermediary platform, Acre
Posted: 21/02/2024
The equity release market has "reasons to be cheerful" as increased product innovation combined with expected base rate cuts and gilt rates moving below 4% provide the foundation for renewed growth, Key Later Life Finance has said
Posted: 21/02/2024
The Government’s intake from inheritance tax (IHT) has climbed to £6.3bn in the 2023/24 tax year, new HMRC figures have shown
Posted: 21/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Dudley Building Society, Metro Bank and Molo Finance
Posted: 21/02/2024
Selina Finance has agreed two new lines of funding with Vanquis Bank and Waterfall Asset Management
Posted: 21/02/2024
The new build division at Just Mortgages has seen an "encouraging" start to the year, after leads and enquiries increased by 40% annually in January and February
Posted: 21/02/2024
Scottish Friendly has announced a strategic partnership with FinTech Scotland, in a bid to highlight fintech innovation across the financial services industry
Posted: 21/02/2024
More than two in five (44%) savers don’t understand their personal savings allowance (PSA), new research from Shawbrook has highlighted, meaning many could be losing thousands of pounds every year
Posted: 20/02/2024
More than three quarters (77%) of adults in the UK do not feel confident about accessing their pension savings, research from Standard Life has found
Posted: 20/02/2024
The Government is introducing changes around short-term lets that aim to protect residents from being pushed out of their communities
Posted: 20/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Landbay, LiveMore and Hampshire Trust Bank
Posted: 20/02/2024
Seven in 10 landlords (69%) have increased the size of their property portfolio or have plans to do so, new research from OSB Group has suggested
Posted: 20/02/2024
The number of female widows who are over the age of 80 is over four times that of the number of male widows in the same age group, raising "important questions" for couples about their later life financial preparations, Just Group has said
Posted: 20/02/2024
One in 10 (10%) UK adults have missed a utility bill payment in the last six months, Moneyhub Payments has found
Posted: 20/02/2024
Royal London has been announced as the latest member to join the Equity Release Council (ERC)
Posted: 20/02/2024
A total of 29,060 new loans were advanced to borrowers over the age of 55 in the final three months of 2023, a figure down 37.1% year-on-year, new UK Finance data has shown
Posted: 19/02/2024
One in five (20%) credit card borrowers only made the minimum repayment on their most recent credit card bill, Compare the Market has found
Posted: 19/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, United Trust Bank and NatWest
Posted: 19/02/2024
The value of reported UK fraud hit £2.3bn in 2023, more than double the £1.1bn recorded in 2022, according to accountancy firm, BDO
Posted: 19/02/2024
Most people will now have to work longer or contribute more to their pension in order to maintain the same level of the Pension and Lifetime Savings Association's (PLSA) retirement living standards (RLS), Hymans Robertson has found
Posted: 19/02/2024
The average asking price for a new home has increased by 0.9% this month, the latest Rightmove House Price Index has revealed
Posted: 19/02/2024
Three quarters of UK Muslims (76%) believe it is important to have financial products which fit with their religious values, new research from ethical lender StrideUp has indicated
Posted: 19/02/2024
Retirees waiting until later in life to purchase annuities are most at risk of missing out on extra lifetime income by failing to shop around, Just Group has found
Posted: 19/02/2024
Air has extended its partnership with Canada Life for a further three years as part of its ambassador programme
Posted: 16/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Bevan Money, StrideUp and Canada Life
Posted: 16/02/2024
Outstanding balances on credit card accounts have grown annually by 9.8%, new figures published by UK Finance have shown
Posted: 16/02/2024
Less than half (47%) of pension savers reviewed their pension scheme in the past year, with just under a fifth (18%) regularly reviewing their pension, research from Investec Wealth & Investment has revealed
Posted: 16/02/2024
Legal & General Mortgage Club has added alternative and ethical finance provider, StrideUp, to its lender panel
Posted: 16/02/2024
Over a third (35%) of property professional in the UK have said they would like to see the reintroduction of help-to-buy or a Government-led initiative to boost the new build and first-time buyer (FTB) marketplace
Posted: 16/02/2024
finova Payment and Mortgage Services has announced a new partnership with real estate finance and investment platform, TAB
Posted: 15/02/2024
The Financial Conduct Authority has written to a number of financial adviser firms, requesting information about their delivery of ongoing services, for which their clients continue to be charged after advice has been given
Posted: 15/02/2024
The Equity Release Council has updated its standards to support good consumer outcomes, as well as generate innovation within the later life lending sector
Posted: 15/02/2024
Most financial advisers and wealth managers (85%) are planning to increase their use of AIM listed companies that quality for business relief (BR) to help people reduce their liabilities, new research from TIME Investments has indicated
Posted: 15/02/2024
The UK fell into recession in the final quarter of 2023, with GDP dropping by 0.3% between October and December, the Office for National Statistics (ONS) has stated
Posted: 15/02/2024
The true cost of stamp duty could be 67% higher than the tax bill itself, potentially leaving homebuyers spending thousands of pounds more than they realise
Posted: 15/02/2024
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, SmartSearch and Hampshire Trust Bank
Posted: 15/02/2024
Over 10,000 financial adverts and other promotions were withdrawn or changed in 2023 following intervention from the Financial Conduct Authority
Posted: 14/02/2024
More than seven in 10 (71%) of Gen Z (18-24 years old) men believe that males should be the primary breadwinner in a relationship, Starling Bank has found
Posted: 14/02/2024
New business volumes in the consumer finance sector were down by 2% over the course of last year when compared to 2022
Posted: 14/02/2024
Virgin Money has announced that it will purchase the 50% stake held by abrdn in the respective firms’ joint venture, Virgin Money Investments, for £20m
Posted: 14/02/2024
The UK’s headline rate of inflation remained at 4% in the year to January, a level unchanged from the rate in the 12 months to December 2023
Posted: 14/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Lloyds Bank and Fleet Mortgages
Posted: 14/02/2024
Specialist lender Foundation Home Loans has become a patron of the National Association of Commercial Finance Brokers (NACFB)
Posted: 14/02/2024
The Financial Conduct Authority (FCA) has banned and fined a former director of London Capital & Finance (LCF) for breaking financial promotion rules
Posted: 14/02/2024
The average UK house price in December 2023 fell by 1.4% year-on-year, standing at £285,000, the Office for National Statistics (ONS) has revealed
Posted: 14/02/2024
One in five (20%) individuals have said they are not using ISAs as they do not want to lock away their money, CMC Invest has found
Posted: 13/02/2024
HLPartnership has announced the renewal of its longstanding partnership with fintech platform, 360 Dotnet
Posted: 13/02/2024
A record £831m of bridging loans was transacted by lenders in 2023, according to the latest Bridging Trends figures
Posted: 13/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Castle Trust Bank, Broadstone and Pure Retirement
Posted: 13/02/2024
Over a third (38%) of retirees have admitted they did not check their state pension forecast before they retired, Just Group has found
Posted: 13/02/2024
Confidence among landlords has improved in the last year with many feeling confident about the opportunity for capital gains on their properties, new research published by Foundation Home Loans has indicated
Posted: 13/02/2024
Landbay has announced a new partnership with property data provider, WhenFresh, to assist and speed up its underwriting process
Posted: 13/02/2024
The Open Property Data Association has released the latest framework for property data standards to make free and shareable data tools available across the property industry
Posted: 12/02/2024
Investment Evolution Credit, a fintech group specialising in online consumer loans, has appointed Axis Capital Markets to act as its corporate broker
Posted: 12/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Loughborough Building Society, Truffle Specialist Finance and The Right DA Club
Posted: 12/02/2024
The average two-year fixed mortgage rate significantly fell by 0.37% between January and February, its biggest monthly fall since December 2022
Posted: 12/02/2024
Property sales activity in early 2024 saw a 10% net balance increase among home movers, compared to a -23% drop in December 2023, e.surv has found
Posted: 12/02/2024
Nucleus Financial Platforms has announced the acquisition of investment platform and wealth management software provider, Third Financial
Posted: 12/02/2024
Forty-five per cent of UK adults between the ages of 45 and 54 have said that retirement planning is easier in a long-term relationship, research by Phoenix Insights has found
Posted: 12/02/2024
Tesco Bank has launched a long-term strategic partnership with Barclays, valued at £700m
Posted: 09/02/2024
House prices in England and Wales fell year-on-year in January by -3.6%, e.surv’s house price index has shown
Posted: 09/02/2024
There has been a significant rise in the number of people not feeling confident about their finances for the future, research by the Equity Release Council has highlighted
Posted: 09/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Fleet Mortgages and Skipton Building Society
Posted: 09/02/2024
Over three quarters (78%) of UK adults are still unaware of new ISA rule changes that are set to come into effect in April, new research by Wesleyan Financial Services has indicated
Posted: 09/02/2024
Mortgage tech provider, Mortgage Brain, has announced the launch of a new partnership with Leeds Building Society
Posted: 09/02/2024
Almost a quarter (23%) of mortgage holders have used credit in the last 12 months to ensure that they can make mortgage payments, StepChange Debt Charity has found
Posted: 08/02/2024
e.surv Chartered Surveyors, the surveying business of the LSL Property Services Group, has entered into a new relationship with the Darlington Building Society
Posted: 08/02/2024
The number of homeowner mortgages in arrears of 2.5% or more of the outstanding balance increased by 7% between the third and fourth quarters of 2023, UK Finance has revealed.

This figure, now standing at 93,680, is a 25% increase year-on-year
Posted: 08/02/2024
April Mortgages has launched a unique five to 15-year fixed rate remortgage product with HLP and Stonebridge
Posted: 08/02/2024
TMA Mortgage Club has announced the addition of Penrith Building Society to its lending panel
Posted: 08/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Hanley Economic Building Society, Pepper Money and Buckinghamshire Building Society
Posted: 08/02/2024
The Open Property Data Association (OPDA) has welcomed UK cloud-mortgage and savings software provider, finova, as an associate member
Posted: 08/02/2024
Seven in 10 (69%) millennials remain defiant over their homeownership plans for the next five to 10 years despite rising house prices, research by Together has indicated
Posted: 07/02/2024
Fintech group Investment Evolution Credit (IEC), which specialises in online consumer loans, has announced the launch of a new £100m bond offering
Posted: 07/02/2024
Concern among small and medium-sized enterprises (SMEs) around a potential recession have eased by a third (32%), new research by iwoca has suggested
Posted: 07/02/2024
A single person must have a pension pot of £738,000 in order to achieve a comfortable retirement, Quilter has found
Posted: 07/02/2024
The average UK house price climbed by 1.3% in January compared to December’s average, the latest Halifax House Price Index has indicated
Posted: 07/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Skipton Building Society, Countrywide Surveying Services and One Mortgage System
Posted: 07/02/2024
The sale of shares in NatWest to the public could happen as early as June, the UK Government Investments (UKGI) has stated.

Currently, 39% of the bank is owned by the Treasury, after it was bailed out during the 2008 financial crisis for around £46bn
Posted: 07/02/2024
Fintech CRM platform 360 Dotnet has announced a new collaboration with technology provider, Mortgage Brain
Posted: 06/02/2024
One in 10 (11%) of Gen Xers are financially supporting elderly relatives with care costs, paying on average more than the yearly state pension, Just Group has found
Posted: 06/02/2024
Mortgage network, Cornerstone, has chosen Truffle Specialist Finance as its exclusive packager partner for second charge mortgages
Posted: 06/02/2024
Defaqto has launched a pilot of its new independent Consumer Duty profiles for selected product providers in the personal pension, SIPP and adviser platform space
Posted: 06/02/2024
Over two thirds of potential self-builders (69%) do not know that mortgage lenders will allow them to borrow to purchase land where planning permission has been granted
Posted: 06/02/2024
Today's round up of developments coming out of the consumer finance space, featuring The Right Mortgage & Protection Network and DA Club, Market Financial Solutions and Evelyn Partners
Posted: 06/02/2024
Almost a third (31%) of Gen X (people aged between 42-57) are uncertain about when to retire, compared to a fifth (19%) of baby boomers and older generations (aged 58 and over), Standard Life has found.
Posted: 06/02/2024
LSL Property Services has completed the acquisition of TenetLime in a deal worth up to £12.9m
Posted: 05/02/2024
Phoebus has launched a cloud-native software-as-a-service mortgage servicing platform, following its multi-million-pound investment in new technology
Posted: 05/02/2024
Three in four mortgage intermediaries (74%) are now feeling confident about the outlook for mortgage market, according to new research published by the Intermediary Mortgage Lenders Association (IMLA)
Posted: 05/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, London Credit and Hanley Economic Building Society
Posted: 05/02/2024
Legal & General Home Finance has launched a new application programming interface (API) link with the Advise Wise Platform
Posted: 05/02/2024
Legal & General’s suburban build-to-rent business and Miller Homes have launched a partnership to deliver 260 new homes in Northamptonshire
Posted: 02/02/2024
Six in 10 landlords have witnessed increased tenant demand for their properties in the final quarter of 2023, Paragon Bank has revealed
Posted: 02/02/2024
Rightmove has announced the acquisition of HomeViews for a cash consideration of £8m
Posted: 02/02/2024
Paradigm has announced that it has added residential and commercial bridging loan provider, TAB, to its lender panel
Posted: 02/02/2024
The number of people falling victim to romance scams increased by over a fifth (22%) year-on-year in 2023, according to Lloyds Bank
Posted: 02/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Gallagher, Just Wealth and Aegon UK
Posted: 02/02/2024
Annual lending in the equity release market totalled £2.6bn in 2023, a level significantly down on the record breaking £6.2bn in 2022
Posted: 01/02/2024
Business development managers (BDMs) at InterBay and Landbay have been rated with the highest satisfaction with brokers, with 94% reporting positive feedback, Smart Money People has said
Posted: 01/02/2024
The Bank of England (BoE) has opted to keep its base rate at 5.25%, the fourth time in a row the central bank has held interest rates.

At its latest meeting, the Bank’s Monetary Policy Committee (MPC) voted by a majority of six to three in favour of maintaining interest rates at 5.25%
Posted: 01/02/2024
Today's round up of developments coming out of the consumer finance space, featuring Skipton Building Society, Access Financial Services, Nomo Bank, Aegon UK and Nationwide
Posted: 01/02/2024
Over a million households in the UK are expected to face an increase in their mortgage rates before the General Election if it is held in November, the Liberal Democrats party have warned
Posted: 01/02/2024
Mortgage and protection network, Rosemount Financial Solutions (IFA), has announced a partnership with conveyancing panel, SortRefer
Posted: 01/02/2024
One Mortgage System has announced a full application programming interface integration with conveyancing software provider, Smoove
Posted: 01/02/2024
Mortgage and insurance network, Stonebridge, has renewed its partnership later life adviser, Viva Retirement Solutions
Posted: 31/01/2024
Almost two-thirds (63%) of mortgage completions are now conducted by joint first-time buyers, Halifax has found
Posted: 31/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Hodge and Offa
Posted: 31/01/2024
The number of residential property transactions fell by an annual 20% in December, according to new HMRC figures
Posted: 31/01/2024
Regulated firms should leave behind outdated and time-consuming compliance processes as a result of increased regulation and tighter budgets, SmartSearch has said
Posted: 31/01/2024
Financial planning firm Progeny has announced the acquisition of chartered financial advice firm, Chartered Wealth Management
Posted: 31/01/2024
Nottingham Building Society has announced a new partnership with Mortgage Broker Tools (MBT)
Posted: 31/01/2024
House prices in the UK increased by 0.7% between December 2023 and January 2024, the Nationwide house price index has revealed
Posted: 31/01/2024
Pure Retirement has been announced as the latest lender to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 31/01/2024
Investors are expecting to increase their allocations to real assets over the next 12 months, new research published by TIME Investments has indicated
Posted: 30/01/2024
People aged between 45 and 54 would need around six times their current savings to achieve a comfortable retirement living standard, Phoenix Group has found
Posted: 30/01/2024
UK homeowners repaid a net £800m in December, compared to net zero in November, according to new figures published by the Bank of England
Posted: 30/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Broadstone, LHV Bank and The Mortgage Works
Posted: 30/01/2024
HSBC has been fined £57.4m by the Bank of England’s Prudential Regulation Authority (PRA) for failings around protecting customer deposits
Posted: 30/01/2024
Try Mortgage Network has integrated One Mortgage System across its proposition
Posted: 30/01/2024
A third (33%) of Gen Z believe that property will be their main source of wealth in retirement, according to Standard Life
Posted: 30/01/2024
The number of UK adults who chose to invest in financial markets fell last year as economic uncertainty and the high cost of living suppressed the market
Posted: 29/01/2024
The number of first-time buyers aged 50 and over has increased by 30% in the last five years, making it one of the fast-growing segments of the FTB market, Tembo has found
Posted: 29/01/2024
The average UK house price fell by 0.8% on annual basis in the year to December 2023, the latest Zoopla House Price Index has indicated
Posted: 29/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Pluto Finance and Suffolk Building Society
Posted: 29/01/2024
Nearly one in three (28%) people have considered moving to a cheaper area to reduce housing costs as a result of the cost of living crisis, Pepper Money has found
Posted: 29/01/2024
Mortgage and protection network, Rosemount Financial Solutions, has announced a new partnership with specialist buy-to-let (BTL) lender, Quantum Mortgages
Posted: 29/01/2024
Mortimer Street Capital has officially launched as a new specialist real estate advisory business, providing clients with bridging, development, commercial, mezzanine and equity finance
Posted: 29/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Nationwide, Nottingham Building Society and The Cambridge
Posted: 26/01/2024
Craven Street Wealth has confirmed it is to acquire the financial planning business of Punter Southall
Posted: 26/01/2024
Suros Capital has reported a rise in the number of applications for urgent funding to pay tax bills before the 31 January deadline
Posted: 26/01/2024
The UK's ageing population has been driving up demand for retirement advice, research from NextWealth, sponsored by Aegon, has found, with more than two thirds (67%) of advisers reporting a change in demand for retirement advice as savers live longer
Posted: 26/01/2024
Suffolk Building Society has announced its entry into the large loan market with the introduction of a pair of two-year fixed rate mortgages, for loans between £1m and £2m
Posted: 25/01/2024
UK dividends ended strongly in 2023 according to financial services company Computershare, with banks making the most significant contribution to growth during the year
Posted: 25/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Atom bank, Hanley Economic Building Society and Countrywide Surveying Services
Posted: 25/01/2024
Cloud-based mortgage and savings software provider, finova, has announced a long-term strategic partnership with Hexaware, a firm providing technology and business process services
Posted: 25/01/2024
Fewer than one in 10 (9%) over-65s feel confident about managing their retirement finances, spelling potential uncertainty ahead for thousands of retirees, according to Standard Life
Posted: 25/01/2024
Saffron Building Society has announced a newly formed packager relationship with Brilliant Solutions
Posted: 24/01/2024
The iPSL Section of the Unisys Payment Services Limited Pension Scheme and the Unisys Public Sector Pension Scheme have completed a £300m full scheme buy-in with Standard Life, covering the retirement benefits of around 2,400 scheme members
Posted: 24/01/2024
Nearly two million people face debt as soaring tax bills mean they are turning to overdrafts to meet HM Revenue and Customs’ (HMRC) demands as the 31 January deadline looms, Royal London has found
Posted: 24/01/2024
Paradigm has announced that Penrith Building Society is now part of its lender panel
Posted: 24/01/2024
Over-55s are currently in the dark over the financial impact that bereavement could have on them, Key Later Life Finance has warned
Posted: 24/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Stonebridge, Molo Finance and Family Building Society
Posted: 24/01/2024
Foreign exchange and payments solutions firm, Cornerstone FS, has signed an agreement with Mastercard to launch a corporate card scheme
Posted: 24/01/2024
More than a quarter of people (27%) are still visiting their bank branch at least once per month, according to new research published by Yorkshire Building Society
Posted: 23/01/2024
Fintech firm Moneyhub has become the first third-party provider (TPP) to connect to Co-Op Bank, Smile Bank and Kroo Bank
Posted: 23/01/2024
Mansfield Building Society has launched a new “credit repair” proposition to help borrowers get their finances back on track
Posted: 23/01/2024
The Financial Conduct Authority has charged Guy Flintham, 46, for fraud by false representation and for carrying out regulated activity without authorisation
Posted: 23/01/2024
Close to half of mortgage brokers (49%) are anticipating to place more limited company buy-to-let (BTL) business throughout the next year, Paragon Bank research has shown
Posted: 23/01/2024
Today's round up of developments coming out of the consumer finance space, featuring MorganAsh, Vida and Foundation Home Loans
Posted: 23/01/2024
Inheritance tax (IHT) receipts show that £5.7bn was collected in the first three quarters of the 2023/24 financial year, an increase of 8% year-on-year, HM Revenue and Customs (HMRC) has found
Posted: 23/01/2024
The Government has taken an equity stake in real estate investment platform, Shojin, through the conversion of a pandemic-era loan facilitated by the Future Fund scheme
Posted: 23/01/2024
e.surv Chartered Surveyors has renewed its relationship with Santander, to continue delivering residential valuations and property advice services as part of the bank’s mortgage underwriting process
Posted: 22/01/2024
Only three in 10 (30%) high earners are on track for a comfortable retirement, Hargreaves Lansdown has found
Posted: 22/01/2024
Sesame Network and PMS Mortgage Club, which are both part of Sesame Bankhall Group (SBG), have added Holloway Friendly to their respective protection panels
Posted: 22/01/2024
Parents could face a £183,000 pension saving shortfall after taking time out of work to raise children, research from Royal London has found, with gender imbalances continuing to have a costly impact on retirement savings
Posted: 22/01/2024
Today's round up of developments coming out of the consumer finance space, featuring InterBay, The Mortgage Works and The Mortgage Lender
Posted: 22/01/2024
Over two in five (43%) of people with adverse credit have said their level of debt has increased in the last 12 months, according to Pepper Money
Posted: 22/01/2024
Landbay has become the first dedicated buy-to-let (BTL) lender to integrate automated valuation models (AVM) in order to speed up its offer times
Posted: 22/01/2024
More than two thirds (69%) of savers would prefer their employer pick their workplace pension, increasing to 85% among those aged over 55, research from the Pensions and Lifetime Savings Association (PLSA) has revealed
Posted: 19/01/2024
Financial services company LADH Limited has been fined £50,000 by the Information Commissioner’s Office (ICO) for sending tens of thousands of spam text messages
Posted: 19/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Newcastle Intermediaries and Zephyr Homeloans
Posted: 19/01/2024
Swedish group Söderberg & Partners has bought another significant minority stake in a UK financial services group, as part of a move to increase its footprint in the UK advice space
Posted: 19/01/2024
Almost a quarter (23%) of UK adults have said they would not seek financial advice, even if it was free, Canada Life has found
Posted: 19/01/2024
Buy-to-let intermediary firm, Mortgages for Business, has announced a rebrand and will now be known as Mortgage Finance Brokers
Posted: 18/01/2024
Mortgage defaults and missed payments on credit cards and loans both saw significant surges at the end of the year, new analysis by the Bank of England (BoE) has shown
Posted: 18/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Leeds Building Society, the Mortgage Works, and Skipton Building Society
Posted: 18/01/2024
Half of firms (49%) offering retirement advice are seeing an increase in demand for their services because of changes in pensions tax allowances, new research from NextWealth commissioned by Aegon UK has indicated
Posted: 18/01/2024
Later life lending platform Air Academy has launched a new affordability module with full accreditation from the London Institute of Banking & Finance (LIBF)
Posted: 18/01/2024
Home improvements continued to be the primary reason that new equity release customers took out a lifetime mortgage last year, new data from Legal & General Home Finance has shown
Posted: 17/01/2024
The average pension transfer time increased by 17% over the three years to 2023, rising from 10.7 days in 2020 to 12.5 days last year
Posted: 17/01/2024
Specialist wealth manager, Mattioli Woods, has selected asset manager, T. Rowe Price, to develop and advise on an income-orientated model portfolio for its clients
Posted: 17/01/2024
Annual house price growth in the UK slowed to -2.1% in the year to November, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 17/01/2024
Wales recorded a 2.2% increase in rental yields year-on-year, with average yields reaching 8.9% in the fourth quarter of 2023, Fleet Mortgages has found
Posted: 17/01/2024
Inflation in the UK has risen for the first time in 10 months to 4% in December, the Office for National Statistics (ONS) has revealed
Posted: 17/01/2024
Today's round up of developments coming out of the consumer finance space, featuring J3 Advisory, Hampshire Trust Bank and NatWest
Posted: 17/01/2024
PMS Mortgage Club, which is part of Sesame Bankhall Group, has announced the addition of specialist buy-to-let (BTL) lender Molo Finance to its panel
Posted: 16/01/2024
Over two in five (43%) UK adults, which equates to around 22 million people, say their financial situation will get worse over the next 12 months, StepChange Debt Charity has found
Posted: 16/01/2024
Business volumes in the consumer finance space were 2% higher in the 11 months to November 2023 compared to a year earlier, the latest figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 16/01/2024
Norton Broker Services has introduced an unsecured business finance offering to help brokers improve their service for self-employed clients
Posted: 16/01/2024
Over one in five (21%) of younger people in Britain have said they have greater consideration for how much money they need to live on due to high inflation, Standard Life has found
Posted: 16/01/2024
Concerns over savers’ retirement adequacy have grown, after analysis from Hargreaves Lansdown found that retirement resilience has dipped and is expected to fall further in 2024 as house prices continue to fall and asset values do not rise in line with inflation
Posted: 16/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Alternative Bridging Corporation, OSB Group and United Trust Bank
Posted: 16/01/2024
UK adults missed out on an estimated minimum of £6.9bn in savings returns in 2023 by leaving their money in current accounts that do not pay any interest
Posted: 15/01/2024
Nearly half (49%) of Brits who are not already retired, representing around 19.2 million savers, plan to work beyond state pension age (SPA), research from Canada Life has revealed
Posted: 15/01/2024
The average price of property coming onto the market for sale has increased by 1.3% in January, according to the latest Rightmove House Price Index
Posted: 15/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Dudley Building Society, Stonebridge and Windsor Hill Mortgages
Posted: 15/01/2024
Property finance provider, CapitalRise, has announced a new £250m bank funding line, the fifth and largest secured by the firm to date
Posted: 15/01/2024
Over a quarter (28%) of UK landlords believe that flats in cities were the best investments over the last 12 months, Shawbrook Bank has found
Posted: 15/01/2024
Nearly three in five (58%) customers with adverse credit would seek the advice of a mortgage broker, Pepper Money has revealed
Posted: 15/01/2024
Legal & General Home Finance has launched a new application programming interface (API) link with software provider, Iress, allowing advisers to manage lifetime mortgage applications through its adviser portal
Posted: 12/01/2024
Half of Gen Z (49%) have been excluded from social plans because of their financial situation, Wealthify has found
Posted: 12/01/2024
Financial services consultancy, Hymans Robertson, has joined the Equity Release Council (ERC) as a new member
Posted: 12/01/2024
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Property Circle and Precise Mortgages
Posted: 12/01/2024
The Financial Services Compensation Scheme (FSCS) has proposed a management expenses budget of £103.1m for the 2024/25 financial year
Posted: 12/01/2024
Regulated firms are at risk of becoming enablers for sanction evasion by trusting long-term client relationships over critical compliance checks, a new SmartSearch survey has revealed
Posted: 11/01/2024
Belmont Green has issued its first securitisation deal of 2024 and raised £300m to help drive the firm’s mortgage lending growth across the specialist residential and buy-to-let markets
Posted: 11/01/2024
Millions of people in the UK are potentially missing out on nearly £1,000 extra income a year because their savings are in low or no-interest paying current accounts, Yorkshire Building Society has suggested
Posted: 11/01/2024
Phoebus has joined UK trade body, the Open Property Data Association (OPDA), as an associate member
Posted: 11/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Roma Finance, Pepper Money and Bank of Ireland for Intermediaries
Posted: 11/01/2024
The decline in annual house price growth across England and Wales is easing, new data published by e.surv has indicated
Posted: 10/01/2024
One Mortgage System (OMS) has launched a partnership with The Brightstar Group to become its primary tech provider
Posted: 10/01/2024
Legal & General Mortgage Club has added a range of long-term fixed-rate mortgages from Perenna to its lender panel
Posted: 10/01/2024
Today's round up of developments coming out of the consumer finance space, featuring JustMortgages, Landbay and Atom bank
Posted: 10/01/2024
The death of the family breadwinner could set a family back by over £190,000 over the course of 10 years, Beagle Street has found
Posted: 10/01/2024
The average mortgage rates on two and five-year fixed rate deals fell for the fifth consecutive month between December and the start of January, Moneyfacts has found
Posted: 09/01/2024
Swedish firm Söderberg & Partners has taken minority stakes in two UK advice firms as it continues to expand into the UK financial services space
Posted: 09/01/2024
An overwhelming majority of UK workers will always seek financial advice before taking out any form of insurance, research published by The Exeter has indicated
Posted: 09/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Saltus and Market Financial Solutions
Posted: 09/01/2024
Just Group has urged retirees to double check the pension benefits they are entitled to, after finding that eight in 10 (79%) pensioner homeowners are failing to claim
Posted: 09/01/2024
The deadline for the sixth annual Wealth & Asset Management Awards has been extended to Monday 5 February
Posted: 08/01/2024
Today's round up of developments coming out of the consumer finance space, featuring StrideUp, Mansfield Building Society and Chetwood Financial
Posted: 08/01/2024
Over two-thirds (69%) of brokers have said they are either worried or unsure about their business in the year ahead, Crystal Specialist Finance has found
Posted: 08/01/2024
Advice firms applying a capital growth mindset to clients in retirement are likely to be targeted by tougher regulation to improve their management of key later life financial risks
Posted: 08/01/2024
Investor confidence increased with the stock market in December, with funds being bought in ISAs, junior ISAs and lifetime ISAs, Hargreaves Lansdown has reported
Posted: 08/01/2024
LendInvest has sold its non-risk retention residual economic interest in the Mortimer BTL 2023-1 securitisation for a consideration of £5m
Posted: 08/01/2024
Perspective Financial Group has announced that it made two more acquisitions shortly before the Christmas break to take the group’s total number of acquisitions to 22 in 2023
Posted: 05/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, CHL Mortgages and NatWest
Posted: 05/01/2024
Business leaders in the financial services sector are “optimistic” going into 2024, according to new research published by KPMG UK
Posted: 05/01/2024
Changes to the UK mortgage market and improving household balance sheets, including “forced saving” during the pandemic, have helped to deliver a £16bn household income boost from higher interest rates
Posted: 05/01/2024
Average house prices in the UK increased by 1.1% month-on-month in December, the third consecutive month to record house price rises, Halifax has found
Posted: 05/01/2024
Homeowners coming to the end of a fixed rate mortgage term could see the cost of their monthly mortgage repayments climb by 222%, forecasts from Octane Capital have suggested
Posted: 04/01/2024
The CP Pharmaceuticals Limited Pension Scheme has secured a £28m full buy-in with Just Group, securing the benefits of all 317 previously uninsured scheme members
Posted: 04/01/2024
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, MPowered Mortgages and OneFamily
Posted: 04/01/2024
360 Dotnet has announced a new partnership with UnderwriteMe that will see the CRM platform integrate with UnderwriteMe’s protection platform
Posted: 04/01/2024
Fleet Mortgages has cut rates on all of its two, five and seven-year fixes across its three core ranges: standard, limited company and HMO/MUB
Posted: 04/01/2024
Earnings made by the CEOs of the FTSE 100 companies will have surpassed the median UK worker’s full-time annual salary by just before 1pm today, estimates from the High Pay Centre (HPC) have indicated
Posted: 04/01/2024
Mortgage approvals in November 2023 hit the highest rate recorded since July, sitting at 50,067 for the month, the Bank of England (BoE) has found
Posted: 04/01/2024
Three quarters of residential buy-to-let landlords (74%) feel confident about the performance of the property market over the next 12 months, according to research from The Mortgage Lender (TML)
Posted: 03/01/2024
Cash usage has increased for the second consecutive year as households respond to the cost of living crisis by budgeting with physical money, Nationwide has found
Posted: 03/01/2024
Today's round up of developments coming out of the consumer finance space, featuring VouchedFor, Paradigm and Aspen Bridging
Posted: 03/01/2024
The cost of living crisis has disproportionately impacted women’s finances and their ability to withstand the potential impacts of a recession, new research from Quilter has indicated
Posted: 03/01/2024
Buyer demand across England crept up by 0.3% in the final quarter of 2023, but remained -6.7% lower compared to Q4 2022, GetAgent.co.uk has found
Posted: 03/01/2024
Mortgage searches by first-time buyers were down 39.6% across the UK in December compared to November’s total, new statistics published by Twenty7tec have revealed
Posted: 03/01/2024
Over a quarter of Gen X (born between 1965-1980) are not confident that they will pay off their mortgage before age 67, Just Group has found
Posted: 03/01/2024
Today's round up of developments coming out of the consumer finance space, featuring Leeds Building Society, SunLife and StepChange Debt Charity
Posted: 02/01/2024
Nearly a third (30%) of people aged between 45 and 54 believe visualising what they want their retirement to look like is the best motivation for retirement saving, research by Phoenix Insights has found
Posted: 02/01/2024
A third (34%) of Brits have said they will be more in control of their short and long-term finances as they set out their financial objectives for 2024, Tesco Bank has found
Posted: 02/01/2024
House prices in the UK fell by -1.8% over the course of 2023, with Scotland and Northern Ireland being the only regions to record house price growth in the 12 months to the end of December, Nationwide has found
Posted: 02/01/2024
As 2023 draws to a close, we have rounded up the 10 most read news stories on MoneyAge over the last 12 months
Posted: 21/12/2023
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Quilter and The Conveyancing Association
Posted: 21/12/2023
Gross mortgage lending fell by 28% in 2023 to total £225.5bn, according to figures from the Intermediary Mortgage Lenders Association (IMLA).

Within the total, lending for house purchase fell 30% to £135bn and remortgaging declined by 24% to £82bn
Posted: 21/12/2023
Inheritance tax receipts have reached a total of £5.2bn between April and November 2023, a £400m increase on the same period last year, HM Revenue and Customs has found
Posted: 21/12/2023
The number of searches by brokers for products accepting gifted deposits jumped by 10% month-on-month, Legal & General (L&G) Ignite has found
Posted: 21/12/2023
Today's round up of developments coming out of the consumer finance space, featuring Experian Marketing Services, Defaqto and Hodge
Posted: 20/12/2023
The Financial Conduct Authority has confirmed it will continue with the shake-up of the UK’s listing rules, warning that the new regime could lead to an "increased possibility of failures"
Posted: 20/12/2023
The Payment Systems Regulator (PSR) has introduced a new reimbursement requirement which will see the majority of money lost to authorised push payment (APP) fraud reimbursed to victims
Posted: 20/12/2023
Inflation has increased by 3.9% in November, dropping further than expected from 4.9% in October, the Office for National Statistics has found
Posted: 20/12/2023
Annual house price growth slipped to -1.2% in October, down from a revised -0.6% for the year to September, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 20/12/2023
Nine out of 10 financial advice firms are confident they have met the key outcomes of Consumer Duty this year, despite the significant challenges it presented
Posted: 19/12/2023
Today's round up of developments coming out of the consumer finance space, featuring Hanley Building Society, Foundation Home Loans and Access Financial Services
Posted: 19/12/2023
Legal & General (L&G) has announced a new partnership with Co-op Insurance to offer members and their customers its life and critical illness cover
Posted: 19/12/2023
Almost one in seven (15%) people in the UK said that preparing for retirement has impacted their mental health, Standard Life has found
Posted: 19/12/2023
Over half (52%) of Gen X said they are not confident that they will have enough money saved to achieve a good standard of living after finishing work, Just Group has found
Posted: 19/12/2023
Signposting a vulnerable client to a different organisation for help is not enough to avoid potential harm and meet Consumer Duty requirements, MorganAsh has warned
Posted: 18/12/2023
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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