Latest News
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LendInvest confirms largest securitisation to date worth £410m
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FCA fines three money transfer firms for breaking competition law
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Marginal increase in house prices in November, Nationwide HPI reveals
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Maven Capital Partners acquires Newable Ventures
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Residential transactions drop by a fifth year-on-year, HMRC reports
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Advisers seek unified industry approach to attract future talent
Archive News
Newable Ventures has been acquired by Maven Capital Partners for an undisclosed fee
Posted: 01/12/2023
SmartSearch has successfully retained its full ‘Great Place to Work' accreditation, certifying the firm as one of the country’s top employers and workplaces
Posted: 1/12/2023
LendInvest has completed its fifth and largest securitisation of £410m worth of UK prime buy-to-let (BTL) mortgage loans.
The mortgage platform, and ultimate holding company of LendInvest BTL Limited, confirmed the completion of the oversubscribed residential mortgage backed security (RMBS) transaction, Mortimer BTL 2023-1
The mortgage platform, and ultimate holding company of LendInvest BTL Limited, confirmed the completion of the oversubscribed residential mortgage backed security (RMBS) transaction, Mortimer BTL 2023-1
Posted: 01/12/2023
House prices have seen a further increase in November, rising by 0.2% month-on-month, Nationwide has found
Posted: 01/12/2023
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Bank Trust, Fleet Mortgages and CHL Mortgages
Posted: 01/12/2023
Pulse discusses how their innovative dashboard makes use of Open Banking to help businesses manage their finances and obtain the funding they need securely
Posted: 30/11/2023
AI fintech firm Aveni.ai the has been selected by wealth and investment management business 7IM as a strategic AI partner
Posted: 30/11/2023
The Financial Conduct Authority (FCA) has fined three money transfer firms £150,000 collectively after they admitted to fixing prices charged to consumers in Glasgow
Posted: 30/11/2023
More than four in every five financial advisers (84%) believe that a coordinated effort by trade bodies and financial services providers is needed to attract more advisers into the industry, new research has suggested
Posted: 30/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Loughborough Building Society, Paragon Bank and Foundation Home Loans
Posted: 30/11/2023
The bank of mum and dad has gifted more than £35bn to help their children and grandchildren get on the housing ladder, SunLife has found
Posted: 30/11/2023
The seasonal estimate of UK residential transactions in October 2023 was 82,910, a 21% drop compared to last year, HMRC has revealed
Posted: 30/11/2023
Remortgaging landlords are demonstrating a restored confidence in fixed rate mortgages, new research from Landbay has indicated
Posted: 30/11/2023
Wealth-tech platform Prosper has opened its crowdfunding round to the public, in partnership with Crowdcube
Posted: 29/11/2023
Paradigm Protect has added Bupa to its private medical insurance (PMI) panel, allowing member firms full access to Bupa’s personal insurance products
Posted: 29/11/2023
The Open Property Data Association (OPDA) has welcomed the Government launch of pilot projects to explore digital solutions that could improve the home buying and selling process
Posted: 29/11/2023
The number of net mortgage approvals for house purchases increased from 43,700 in September to 47,400 in October, the Bank of England (BoE) has found
Posted: 29/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Alternative Bridging, Tatton and Gatehouse Bank
Posted: 29/11/2023
Overall satisfaction with lenders among the mortgage broker community has fallen slightly, new research published by Smart Money People has revealed
Posted: 29/11/2023
The Financial Conduct Authority (FCA) has banned Nigel Lewis and Susan Jones of West Wales Financial Services (WWFS), which is in liquidation, from advising customers on pension transfers and pension opt outs
Posted: 29/11/2023
The Financial Conduct Authority (FCA) has announced a new package of measures to improve the transparency of sustainable investment products as the regulator looks to minimise greenwashing
Posted: 28/11/2023
Consumer Duty, attracting new business on social media and business levels for brokers were the top three most talked about topics this year on cherry’s adviser forum
Posted: 28/11/2023
Today's round up of developments coming out of the consumer finance space, featuring The Mortgage Works, ModaMortgages and Standard Life
Posted: 28/11/2023
Homebuyers are securing an average of £18,000 off their next home in order to confirm a sale, the latest Zoopla House Price Index has suggested
Posted: 28/11/2023
MorganAsh has announced a full range of upgrades to its consumer vulnerability assessment platform, MorganAsh Resilience System (MARS)
Posted: 28/11/2023
An estimated 1.9 million parents over the age of 50 either have or would consider taking out equity release to help their children get on the property ladder, according to research from financial services mutual, OneFamily
Posted: 28/11/2023
One Mortgage System (OMS) has extended its tech contract with TMG Mortgage Network for another five years
Posted: 28/11/2023
The average rate on a lifetime mortgage has fallen to 7.13%, down from 7.33% at the start of November, new data published by Moneyfacts has shown
Posted: 27/11/2023
Almost one-third (31%) of pension savers have stated that they want to consolidate their pension pots, Hargreaves Lansdown (HL) has found
Posted: 27/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, The Loans Engine and Dudley Building Society
Posted: 27/11/2023
The Economic Affairs Committee has said that the operational independence of the Bank of England (BoE) should be preserved but “reforms are vital” to improve its performance
Posted: 27/11/2023
Karis Capital has announced its launch as a premier real estate debt advisory firm, with plans to redefine how developers and investors navigate real estate financing
Posted: 27/11/2023
Hargreaves Lansdown (HL) has become the first platform to offer fixed-term cash ISAs, which will sit alongside its easy access and limited access options
Posted: 27/11/2023
Norton Broker Services has partnered with the free and integrated mortgage research and product sourcing platform, Legal & General (L&G) Ignite
Posted: 27/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Paragon Bank, Newcastle Intermediaries and Aspen Bridging
Posted: 24/11/2023
Almost four in five (79%) of landlords are in favour of raising the minimum energy efficiency standard (MEES) on rental properties, Social Market Foundation (SMF) has found
Posted: 24/11/2023
Funding Circle has announced a new lending partnership with the UK’s first app-based bank, Atom bank, in what will provide up to £150m of funding to small businesses
Posted: 24/11/2023
The Intermediary Mortgage Lenders Association (IMLA) has appointed Richard Beardshaw as its management committee chair for 2024/25
Posted: 24/11/2023
Royal London has announced plans to acquire the later life lending and product specialist, Responsible Life and Responsible Lending (the Responsible Group), subject to regulatory approval
Posted: 24/11/2023
Neuberger Berman discusses the value of private equity in the latest post on the MoneyAge blog...
Posted: 24/11/2023
Over nine in 10 (91%) of advisers have said that they are impacted every day by poor service delivery from platforms, Parmenion has found
Posted: 23/11/2023
Over three-quarters (76%) of pension savers expressed that they would consider opting for the new ‘pot for life’ model, with just 5% of savers stating that they would not be interested in having their own pension into which employers can pay contributions, PensionBee has found
Posted: 23/11/2023
One Mortgage System (OMS) has announced a full application programming interface (API) integration with the later life lending platform, Air Sourcing.
Posted: 23/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Pepper Money and Atom bank
Posted: 23/11/2023
The equity release sector is facing one of its most significant periods of transition to date...
Posted: 22/11/2023
The Office for Budget Responsibility (OBR) has increased its estimates for inheritance tax (IHT) for the next six years following the autumn statement
Posted: 22/11/2023
The Right DA Club has announced that its member firms can now access virtual mortgage applicant fraud and quality masterclasses to help identify potentially fraudulent activity in the course of their client work
Posted: 22/11/2023
The Chancellor has announced a cut to the main rate of employee national insurance, which is to fall from 12% to 10%
Posted: 22/11/2023
The aggregate funding position of FTSE 350 companies’ defined benefit (DB) has undergone a “complete reversal” over the past 18 months, Mercer’s latest Pensions Risk Survey data has found
Posted: 22/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Suffolk Building Society, Aldermore and Foundation Home Loans
Posted: 22/11/2023
Only a quarter (25%) of regulated firms in 2023 always check new customers against sanctions or politically exposed person (PEP) lists, down from 73% of firms in 2022, new survey data by SmartSearch has found
Posted: 22/11/2023
Three in four landlords (74%) have said that they welcome the Government’s decision to scrap the proposal that all rental properties must have an energy performance certificate (EPC) rating of at least C by 2028, Landbay has found
Posted: 22/11/2023
SimplyBiz Mortgages has confirmed the addition of Market Financial Solutions (MFS) to its lender panel with immediate effect
Posted: 21/11/2023
HMRC took in £4.6bn worth of inheritance tax (IHT) receipts in the period between April to the end of October this year, new figures have shown
Posted: 21/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, Standard Life and Just Mortgages
Posted: 21/11/2023
Average annuity rates continued to rise in the UK in Q3, the Standard Life annuity rate tracker has found
Posted: 21/11/2023
Over one million pensioner households in the UK primarily rely on the state pension as their main source of retirement, Just Group has found
Posted: 21/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Newcastle Intermediaries, Landbay and Atom bank
Posted: 20/11/2023
Target Group has “re-imagined” the role of a decision in principle (DiP), with the aim of transforming the mortgage applicant process
Posted: 20/11/2023
Confidence among landlords rebounded in the third quarter new research published by Paragon Bank has indicated, with optimism around the landlord community now higher than at the same period last year
Posted: 20/11/2023
Almost one in eight (13%) pension savers have said they don’t think it is “worth the hassle” to combine pensions, Moneyhub has found
Posted: 20/11/2023
Aviva's GI gross written premiums (GWP) rose 13% in the first nine months of the year, ignoring the effect of exchange rates, to £8.0bn
Posted: 17/11/2023
Pension contributions saw a 33% year-on-year increase in Q3 2023, despite savers enduring levels of high inflation during this period, research from PensionBee has revealed
Posted: 17/11/2023
Paragon Bank’s structured lending division completed £55m of new finance facilities in October across two new-to-bank property-focused deals, the group has announced
Posted: 17/11/2023
Today's round up of developments coming out of the consumer finance space, featuring the Open Data Property Association, Suros Capital and Yorkshire Building Society
Posted: 17/11/2023
A review by the Financial Conduct Authority (FCA) has found that while most authorised fund managers (AFMs) have made efforts to comply with its expectations on the delivery of their ESG and sustainable funds, “further improvement” is needed
Posted: 16/11/2023
The average number of mortgage cases placed by intermediaries on an annual basis remained broadly stable at 92 per year in Q3, compared to 93 in Q2, the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 16/11/2023
More than two thirds (70%) of regulated firms do not always complete essential identity checks when taking on new individual customers, data from SmartSearch has revealed
Posted: 16/11/2023
One in three (32%) people between the ages of 50 and 79 would consider themselves vulnerable, a new study from LiveMore has indicated
Posted: 16/11/2023
Two men have been found guilty of 11 charges of fraud by false representation following a prosecution brought by the Financial Conduct Authority (FCA), with false applications totalling £3m
Posted: 16/11/2023
Advised platforms suffered £13.91bn of outflows in the three months to the end of September, an increase of 12.37% compared to the previous quarter, in what is a record high, the lang cat has reported
Posted: 16/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, One Mortgage System and Zephyr Homeloans
Posted: 16/11/2023
The deadline for the 2024 Mortgage Awards has been extended to Friday 17 November
Posted: 15/11/2023
Almost half (49%) of all consumers in the credit sector are ‘in difficulty’, MorganAsh has found
Posted: 15/11/2023
Confidence among landlords improved over the course of the last quarter, new research has indicated, with many anticipating continued increases in rental yield, and a stronger performance from their own letting businesses
Posted: 15/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Sirius Finance, Landbay and Atom bank
Posted: 15/11/2023
Inflation has fallen to 4.6% for the year to October, a sharp fall from 6.7% in September, new figures published by the Office for National Statistics (ONS) have revealed
Posted: 15/11/2023
House prices in the UK have dropped by 0.1% in the year to September 2023, down from an increase of 0.8% in August, the Office for National Statistics (ONS) has found
Posted: 15/11/2023
Over a third (38%) of retail investors in the UK have said they plan to diversify their investment strategy over the next 12 months as they look to manage their concerns over the health of the UK economy, Shojin has found
Posted: 15/11/2023
Nearly one fifth (18%) of people don’t believe that the state pension will exist when they retire, while a further 26% are unsure, research from Hargreaves Lansdown has revealed
Posted: 14/11/2023
The consumer finance sector saw business volumes fall by 3% in September compared to the same month last year, the latest figures from the Finance & Leasing Association (FLA) have revealed
Posted: 14/11/2023
Fintel, the parent company of Defaqto and SimplyBiz, has confirmed the acquisitions of financial information and ratings provider, AKG, and adviser review site, VouchedFor
Posted: 14/11/2023
The Right Mortgage and Protection Network has added Wiltshire Friendly to its specialist group protection network
Posted: 14/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Mansfield Building Society, Just Mortgages and Hanley Economic Building Society
Posted: 14/11/2023
finova Payment and Mortgage Services has announced the addition of Bath Building Society to its lender panel, expanding its range of products available to club members
Posted: 13/11/2023
A survey from Saffron Building Society has highlighted that nearly half of self-employed (49%) said they wouldn’t feel confident finding a suitable mortgage lender that would offer a product to meet their needs
Posted: 13/11/2023
Legal & General (L&G) Assurance Society has completed a £500m buy-in with the Deutsche Bank pension scheme, securing the benefits of around 2,000 retirees and deferred members
Posted: 13/11/2023
Today's round up of developments coming out of the consumer finance space, featuring StrideUp, United Trust Bank and Aspen Bridging
Posted: 13/11/2023
The average asking price for new homes on the market fell by £6,088 in November, according to the latest Rightmove House Price Index
Posted: 13/11/2023
HL Partnership (HLP) has launched a collaboration with Property Circle in a bid to enhance its technology offering
Posted: 13/11/2023
Inheritance tax (IHT) reform could prevent an estimated 12,500 families from paying the tax each year, new analysis from Quilter has indicated
Posted: 13/11/2023
One in 10 adults (11%) in the UK have said they don’t trust financial advisers, with one in five (21%) stating that they would not seek financial advice, even if it was free, Canada Life has found
Posted: 13/11/2023
A large majority (67%) of financial advisers believe their clients will be forced to postpone retirement due to the cost of living crisis, according to research from BNY Mellon Investment Management
Posted: 10/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Accord Mortgages, Foundation Home Loans and Vida
Posted: 10/11/2023
Over seven in 10 landlords (71%) saw rising levels of tenant demand during the third quarter of the year, a new record high, new Paragon Bank research has revealed
Posted: 10/11/2023
Lloyds Bank has issued an urgent warning over the rising threat of crypto scams, as a growing number of British investors risk being defrauded by a wave of fake adverts posted on social media
Posted: 10/11/2023
Employers should be reviewing their defined contribution (DC) pension provider every three years and be more open to switching pension schemes, Hymans Robertson has said
Posted: 09/11/2023
Legal & General Mortgage Club has announced the addition of Selina Finance to its lender panel
Posted: 09/11/2023
The number of homeowner and buy-to-let (BTL) mortgages in arrears has risen broadly in line with UK Finance forecasts for 2023, new data from the banking body has shown
Posted: 09/11/2023
Today's round up of developments coming out of the consumer finance space, featuring LiveMore, ModaMortgages and Landbay
Posted: 09/11/2023
Bridging loan books hit a record high in the third quarter, according to the latest data from the Association of Short-Term Lenders (ASTL), with applications and completions also showing strong growth during the period
Posted: 09/11/2023
Almost a third (30%) of parents with children under the age of 18 have said that the cost of living crisis is making their financial situation “difficult”, compared to 22% of people without children, Standard Life has found
Posted: 09/11/2023
House prices have fallen again in October, with the average house price in the UK now standing at £362,777, the e.surv house price index (HPI) has found
Posted: 09/11/2023
New wealth-tech platform, Prosper, has raised £3.2m following a round of angel funding
Posted: 08/11/2023
Two fifths (41%) of over-50s have said the cost of living crisis is the main barrier preventing them from securing the retirement income they think they’ll need, Standard Life has found
Posted: 08/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, OAC and One Mortgage System
Posted: 08/11/2023
JMW Solicitors has been announced as the latest organisation to join the Association of Short-Term Lenders (ASTL) as an associate member
Posted: 08/11/2023
Searches on behalf of first-time buyers, first-time landlords and non-owner occupiers increased by 13% in October, as the mortgage market held "strong" across the board despite wider economic uncertainty, Legal & General (L&G) Ignite has said
Posted: 08/11/2023
Sirius Property Finance has returned to being a wholly owned subsidiary of Brightstar Financial, after reacquiring the shareholding of Nicholas Christofi
Posted: 08/11/2023
Almost two thirds (65%) of parents with children over the age of 18 have not spoken to them about the cost of living crisis, TopCashback has found
Posted: 08/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, The Exeter and the British Business Bank
Posted: 07/11/2023
More than half of brokers (54%) are now seeing a rise in appetite from SMEs for external funding, new research published by Atom bank has indicated
Posted: 07/11/2023
The UK’s average house price jumped by 1.1% in October, following a fall of 0.3% in September, the latest Halifax House Price Index has revealed
Posted: 07/11/2023
Two thirds of buy-to-let (BTL) landlords (66%) are not intending to sell any of their property in the next 12 months, new research from Landbay has indicated
Posted: 07/11/2023
Almost a third (30%) of people, equating to 16 million, have missed payments on key households in 2023, the Money and Pensions Service (MaPS) has found
Posted: 06/11/2023
Millions of people in the UK could be heading for difficulties later in life, as research has suggested that poor understanding and low take-up of long-term investing could risk their financial security
Posted: 06/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Phoebus, Defaqto and Hodge
Posted: 06/11/2023
The Financial Conduct Authority (FCA) and the Bank of England (BoE) have published new proposals on their approach to regulating a new digital currency, stablecoins
Posted: 06/11/2023
A third (33%) of landlords who own their rental company in their personal name are planning to incorporate their portfolio into a limited company structure, Paragon Bank has found
Posted: 06/11/2023
Just Group has completed a buy-in transaction for Air France’s (UK) pension scheme trustees, covering approximately £32m of pension liabilities and almost 200 scheme members
Posted: 06/11/2023
Today's round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Suffolk Building Society and Leeds Building Society
Posted: 03/11/2023
Rosemount Financial Solutions has announced that it has signed a contract renewal agreement with Twenty7tec to extend its access to tech providers, FINPLAN practice management and CRM solution
Posted: 03/11/2023
Nearly half (48%) of SME business owners have stated that cash flow is currently the biggest challenge that their company is facing, Millbrook Business Finance has found
Posted: 03/11/2023
The Rotork Pension & Life Assurance Scheme has agreed an £80m buy-in deal with Aviva, covering the pension benefits for 406 current pensioners and dependants in the scheme
Posted: 03/11/2023
Aspen has completed a finish and exit bridge in a matter of weeks with a £6m loan at 75% LTV on an ultra-luxury Georgian Stucco house in Kensington, London
Posted: 02/11/2023
Two in five (40%) advisers would say their firm has seen an increase in protection conversations with customers as a result of the Financial Conduct Authority’s (FCA’s) Consumer Duty
Posted: 02/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, Atom bank and Vida
Posted: 02/11/2023
The Bank of England (BoE) has voted to hold interest rates at their current level for the second meeting in a row, keeping the central bank’s base rate at 5.25%
Posted: 02/11/2023
Borrowers and lenders are continuing to be challenged in the financial landscape, Knowledge Bank has said
Posted: 02/11/2023
Paragon Banking Group has completed a new securitisation, which contain £899m of prime buy-to-let (BTL) mortgage assets
Posted: 02/11/2023
Almost half (49%) of retirees have said they did not check or seek help to see if they could afford to retire, leaving many in a "retirement blind spot", Just Group has said
Posted: 02/11/2023
Specialist bridging lender, Kuflink, has become the latest lender to join the Dynamo for Intermediaries lender panel
Posted: 02/11/2023
The value of the first-time buyer (FTB) economy, in terms of both lending and spending, is set to reach a total of £74.1bn by 2025
Posted: 01/11/2023
Atom bank has raised over £100m in new equity capital from long-term shareholders, BBVA, Toscafund and Infinity Investment Partners
Posted: 01/11/2023
Air discusses its Later Life Lending Navigator Tool in the latest piece on the MoneyAge blog. Read it here
Posted: 01/11/2023
House prices in the UK registered a 0.9% month-on-month increase in October, the latest Nationwide House Price Index has indicated
Posted: 01/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Pepper Money, Market Financial Solutions and Smartr365
Posted: 01/11/2023
Over four in five (84%) property professionals have said that they recognise the importance of the later life lending sector within the wider UK mortgage and residential property market, Countrywide Surveying Services (CSS) has found
Posted: 01/11/2023
Contributor lending in bridging loans has increased by 15.3% in Q3, totalling £191m, increasing from £165.7m in the previous quarter, MT Finance has reported.
In its Bridging Trends publication, it has found that there was also a shift in the average monthly interest rate, jumping from 0.84% in Q2 to 0.94% in Q3
In its Bridging Trends publication, it has found that there was also a shift in the average monthly interest rate, jumping from 0.84% in Q2 to 0.94% in Q3
Posted: 01/11/2023
Almost half (49%) of people approaching retirement are rethinking their plans as the cost-of-living crisis cuts into their everyday finances, LiveMore has found
Posted: 01/11/2023
Pausing pension contributions, even for a short period, could lead to missing out on thousands of pounds when the time comes to claim retirement pots, Standard Life has found
Posted: 01/11/2023
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Eversheds Sutherland and Mettle
Posted: 31/10/2023
Specialist finance lender, MT Finance Group, has secured an additional £500m senior facility from J.P. Morgan
Posted: 31/10/2023
Market Financial Solutions (MFS) has partnered with PMS Mortgage Club and joined the club’s lending panel
Posted: 31/10/2023
Six in 10 (59%) 45-54 year-olds are taking action to save more for retirement, Phoenix Group has found
Posted: 31/10/2023
The number of residential property transactions in September has been estimated at 85,610, a drop of 17% compared to a year previously, HM Revenue and Customs (HMRC) has found
Posted: 31/10/2023
Today's round up of developments coming out of the consumer finance space, featuring Canada Life, Accord Mortgages and United Trust Bank
Posted: 30/10/2023
Net mortgage approvals in September stood at 43,000, the lowest figure since January 2023, the Bank of England (BoE) has found
Posted: 30/10/2023
Over four in 10 (43%) young people have hinted that they would use a lifetime ISA (LISA) for retirement planning, Hargreaves Lansdown (HL) has found
Posted: 30/10/2023
Three quarters (75%) of buy-to-let landlords have said they have either increased rents during the past year (40%) or intend to do so in the near future (35%), as a result of rising costs
Posted: 30/10/2023
Today's round up of developments coming out of the consumer finance space, featuring Leeds Building Society, 1st Call 4 Mortgages and Alternative Bridging Corporation
Posted: 27/10/2023
Almost a quarter (22%) of consumers are unaware of the option to consolidate their pensions, leading to an estimated £26.6bn left sitting in lost pots, Standard Life has found
Posted: 27/10/2023
The Financial Conduct Authority (FCA) has set out potential regulatory breaches and a number of areas for improvement for NatWest Group and Coutts following the completion of phase one of its review into the incident earlier this year with Nigel Farage
Posted: 27/10/2023
Pension savers appear to largely be in the dark in regards to how responsibly their pension is invested, Broadstone has said
Posted: 27/10/2023
Today's round up of developments coming out of the consumer finance space, featuring United Trust Bank, Suros Capital and Mortgage Intelligence
Posted: 26/10/2023
Less than three quarters (73%) of the total amount of pension credit that could have been claimed in the 2022 financial year was not done so, the Department for Work and Pensions (DWP) has found
Posted: 26/10/2023
HM Revenue and Customs (HMRC) repaid a total of £61.3m to people who overpaid tax when they flexibly accessed their pensions in Q3 2023, up from £33m in Q3 2022, the latest Government pension schemes newsletter has revealed
Posted: 26/10/2023
Nearly a third (32%) of buy-to-let (BTL) landlords intend to buy property in the next 12 months, Landbay has revealed
Posted: 26/10/2023
Financial services firms must understand the financial impact on disabled clients under the new Consumer Duty rules, MorganAsh has warned
Posted: 26/10/2023
Cash savers in the UK are £37bn down on their cash pots, as inflation continues to take a hit to their savings, Janus Henderson Investment Trusts has found
Posted: 25/10/2023
Over half a billion pounds (£580m) has been stolen through authorised and unauthorised fraud in the first half of 2023, UK Finance has reported
Posted: 25/10/2023
Today's round up of developments coming out of the consumer finance space, featuring Just Mortgages, Hanley Economic Building Society and Selina Finance
Posted: 25/10/2023
Half of defined benefit (DB) pension scheme trustees say they have a clear endgame strategy in place, Standard Life has found
Posted: 25/10/2023
TAB has completed a private securitisation facility with NatWest and Atalaya Capital Management of up to £300m to support its lending products
Posted: 24/10/2023
The Society of Mortgage Professionals (SMP) has announced Amanda Bryden, head of Halifax Intermediaries and Scottish Widows Bank, Lloyds Banking Group, as its newest board member
Posted: 24/10/2023
Almost seven million people over 50 have no private pension, putting them at risk of retirement poverty, according to SunLife
Posted: 24/10/2023
The majority (93%) of defined benefit (DB) pension schemes have seen a reduction in their asset base over the past 12 months as a result of falling bond and liability-driven investment (LDI) prices, analysis from PwC has revealed
Posted: 23/10/203
The Government is considering extending its mortgage guarantee scheme as part of measures to help first-time buyers in the upcoming Autumn Statement
Posted: 23/10/2023
AJ Bell has appointed Ryan Hughes as investments director to head up its rapidly growing investment proposition
Posted: 23/10/2023
PIMFA is repeating its call for the Financial Conduct Authority (FCA) to have a greater role in combatting fraud in response to a call for evidence from the Home Affairs Committee
Posted: 23/10/2023
Chief operational officer at Pure Retirement, Simon Hayton, explores the ways technology is being used to enhance the later life lending market
Posted: 20/10/2023
Today's round up of developments coming out of the consumer finance space, featuring Loans Warehouse, Precise Mortgages, Newcastle Intermediaries and United Trust Bank
Posted: 20/10/2023
The Government has now collected £3.9bn through inheritance tax (IHT) in the financial year so far, new figures published by HMRC have revealed.
Covering the period from April up to September this year, IHT receipts are around £400m higher than they were over the same period last year
Covering the period from April up to September this year, IHT receipts are around £400m higher than they were over the same period last year
Posted: 20/10/2023
Hargreaves Lansdown (HL) has reported a net client growth of 8,000 in the second quarter of the latest financial year, following on from 17,000 in Q1 2023
Posted: 20/10/2023
The winners of the National Credit Awards 2023 were announced last night at a gala ceremony
Posted: 20/10/2023
One-off pension contributions of £1,000 every five years could boost retirement savings by up to £23,000 by the time the saver reaches retirement, Standard Life has found
Posted: 19/10/2023
Six in 10 (59%) retirees said they do not know what the inheritance tax (IHT) threshold for the value of an estate is, Just Group has found
Posted: 19/10/2023
21Finance has launched a new packager service dedicated to the broker market concentrating on whole of market specialist lending support
Posted: 19/10/2023
Today's round up of developments coming out of the consumer finance space, featuring Landbay, Just Mortgages and Hampshire Trust Bank
Posted: 19/10/2023
Average rental yields in England Wales have increased by 1% in Q3 to 6.9%, new research from Fleet Mortgages has indicated
Posted: 19/10/2023
One in five adults in the UK claim to have been a victim of financial fraud, research from Paragon Bank has indicated
Posted: 18/10/2023
Four in 10 (41%) people aged 50 and over have said they have needed more money than expected in retirement, a recent survey by Legal & General (L&G) has found
Posted: 18/10/2023
Inflation has remained unchanged at 6.7% in the year to September, according to new figures published by the Office for National Statistics (ONS)
Posted: 18/10/2023
Annual house price growth in the UK slowed to 0.2% in the year to August, the latest UK House Price Index from the Office for National Statistics (ONS) has shown
Posted: 18/10/2023
Today's round up of developments coming out of the consumer finance space, featuring Market Harborough Building Society, United Trust Bank and Vida
Posted: 18/10/2023
Firms using vulnerability assessments for their Consumer Duty compliance are identifying a similar number of vulnerable clients as the Financial Conduct Authority (FCA), data from the MorganAsh Resilience System (MARS) has found
Posted: 18/10/2023
Mortgage holders are paying back record amounts of debt in the higher interest rate environment, the Equity Release Council has found
Posted: 18/10/2023
HM Revenue and Customs (HMRC) has urged self-assessment customers to be on the lookout for scam texts, emails and phone calls from fraudsters in the run up to the tax return deadline
Posted: 17/10/2023
MWA Financial, an independent financial adviser (IFA) consolidation platform, has secured a significant growth capital investment from Coniston Capital to fund its acquisition strategy
Posted: 17/10/2023
Today's round up of developments coming out of the consumer finance space, featuring Clever Lending, Recognise Bank and the Open Property Data Association
Posted: 17/10/2023
LiveMore has launched an exclusive packager proposition and secured a product deal with five packager firms
Posted: 17/10/2023
A third (32%) of Brits have put pension admin at the bottom of their to-do list, and are more likely to prioritise managing hair and beauty appointments and planning holidays, Standard Life has found
Posted: 17/10/2023
Market Financial Solutions (MFS) has been added to Dynamo for Intermediaries’ lender panel, the firm has announced
Posted: 17/10/2023
Financial advisers are doing a “stellar job” in helping people to prepare for the possibility of needing care in later life, a Just Group care report has said
Posted: 17/10/2023
Searches for interest-only mortgages jumped by over half (51%) in September, with first-time buyers and existing homeowners showing high levels of engagement in the mortgage market, Legal & General (L&G) Ignite has found
Posted: 16/10/2023
The UK buyout market is undergoing a “seismic shift”, according to analysis from LCP, which revealed a more than 50 per cent increase in the number of defined benefit (DB) schemes approaching insurers for buy-in/out quotations compared to a year earlier
Posted: 16/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, Dudley Building Society and Hymans Robertson
Posted: 16/10/2023
Equifax has been fined £11.2m by the Financial Conduct Authority (FCA) for failing to manage and monitor the security of UK consumer data it had outsourced in 2017 to its parent company in the US, leading to one of the largest cybersecurity breaches in history
Posted: 16/10/2023
Later life lending platform Air has announced plans to partner with mortgage & protection network, Stonebridge, to provide advisers with access to the network’s tech offering
Posted: 16/10/2023
Mortgage broker L&C Mortgages has announced the launch of a new specialist mortgage partnership with Brilliant Solutions
Posted: 16/10/2023
Gen Z and millennial consumers are turning to brands for their banking needs, new research from Vodeno/Aion Bank has found
Posted: 16/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring The Loans Engine, Independent Governance Group and The Right Mortgage & Protection Network
Posted: 13/10/2023
Nearly half (48%) of self-employed people are not on track for even the minimum retirement living standard defined by the Pensions and Lifetime Savings Association (PLSA), research from Scottish Widows has revealed
Posted: 13/10/2023
The winners of the MoneyAge Awards 2023 were announced last night at a gala ceremony
Posted: 13/10/2023
The purchase of the TenetLime network by LSL for £12.9m was the most searched thread on cherry’s industry forums in September
Posted: 13/10/2023
Hymans Robertson has launched a new financial wellbeing service for employers, Hymans Robertson Personal Wealth (HRPW)
Posted: 12/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Paradigm and One Mortgage System
Posted: 12/10/2023
More than a third of firms in emerging finance sectors have been a victim of financial crime, including money laundering, in the last six months, new data from a cross-sector survey led by SmartSearch has found
Posted: 12/10/2023
Roma Finance has announced a new £120m lending facility with the Cambridge Building Society
Posted: 12/10/2023
Nearly six in 10 (59%) over 75s are yet to arrange a power of attorney, equivalent to 3.4 million people, Just Group has found
Posted: 12/10/2023
Specialist finance broker The Loans Engine (TLE) has announced partnerships with four new lenders
Posted: 11/10/2023
Seven in 10 (70%) parents in the UK have never moved their children’s savings into an account paying a higher rate of interest, Scottish Friendly research has found
Posted: 11/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Just Wealth, Saffron for Intermediaries and Nottingham Building Society
Posted: 11/10/2023
Chadwick Lawrence Solicitors has been added to My Legal Club’s UK conveyancing panel for mortgage brokers, estate agents, and members, following a review of solicitors wishing to join the panel
Posted: 11/10/2023
Standard Life has concluded a £335m bulk purchase annuity (BPA) transaction with the London Stock Exchange Group (LSEG) pension scheme
Posted: 11/10/2023
The Financial Conduct Authority (FCA) has censured London Capital & Finance (LCF) for “unfair and misleading” financial promotions of minibonds
Posted: 11/10/2023
Over a quarter (26%) of retirees over the age of 55 have said they have been “forced out” of work, meaning they have had to take retirement earlier than expected, Just Group has found
Posted: 11/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Market Harborough Building Society, The Right Mortgage & Protection Network, and Hampshire Trust Bank (HTB)
Posted: 10/10/2023
Digital mortgage lender Molo Finance has announced that its co-founder and CEO, Francesca Carlesi, has decided to step down from her role
Posted: 10/10/2023
Pension SuperFund Capital (PSF) has reached an agreement to acquire pension services provider and Options Pensions parent company, STM Group, for £35.6m
Posted: 10/10/2023
Paradigm Protect, which is part of Paradigm Mortgage Services, has announced a new partnership with technology provider, UnderwriteMe
Posted: 10/10/2023
Independent mortgage broker, The Mortgage Hut, has selected Property Circle to provide its automated lead generation system and client app
Posted: 10/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring MPowered Mortgages, United Trust Bank, Mercantile Trust
Posted: 09/10/2023
Specialist finance distributor, Crystal Specialist Finance, has been added to Legal and General’s Ignite panel
Posted: 09/10/2023
Metro Bank has reached a deal to raise extra funds from investors after last week announcing it was seeking new funding
Posted: 09/10/2023
The defined benefit (DB) pension transfer market is in a “slump” amid an exodus of specialist advisers and falling transfer values, LCP has stated
Posted: 09/10/2023
The Financial Conduct Authority (FCA) has issued 146 alerts about cryptoasset promotions on the first day of its new regime to tackle crypto marketing
Posted: 09/10/2023
Lyon Griffiths Financial has joined chartered financial planner, Wealth Experts, with the two firms focusing on enhancing their services to ensure clients meet their financial goals
Posted: 06/10/2023
Quilter has introduced a range of new upgrades to its adviser platform, including a move to give advisers the option to boost their brand visibility through the ability to co-brand
Posted: 06/10/2023
Property prices in the UK have fallen annually by 4.7% in September, compared to a 4.5% drop in August, the Halifax house price index (HPI) has found
Posted: 06/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Legal & General, Nottingham Building Society and LMS
Posted: 06/10/2023
Later life lending platform Air has announced plans to partner with HLPartnership (HLP) to enhance the network’s proposition to members
Posted: 06/10/2023
Norton Broker Services has been appointed to the panel of StreamBank as part of a move to help the bridging and development finance lender launch its regulated bridging proposition to market
Posted: 06/10/2023
TruFin has completed the disposal of its majority equity holding in Vertus Capital, a specialist lender to independent financial advisers (IFAs)
Posted: 05/10/2023
The aggregate funding surplus of FTSE 350 companies’ defined benefit (DB) pension schemes nearly doubled over the first three quarters of 2023, according to Mercer’s latest Pensions Risk Survey
Posted: 05/10/2023
Responsible investments experienced a record outflow of £448m during August, new data has shown, following a period of weaker sales
Posted: 05/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Lendlord, Alternative Bridging Corporation and Broadstone
Posted: 05/10/2023
NatWest has launched a new transaction categorisation service available to businesses and lending providers, to integrate with their apps and digital platforms
Posted: 05/10/2023
Nearly one in five (18%) parents and grandparents who have helped their family members get onto the property ladder used their own property wealth to do so, Legal & General (L&G) has found
Posted: 05/10/2023
Mortgage software provider Smoove has been acquired by Digcom UK Holdings, an indirect subsidiary of Australian property platform PEXA Group, in a deal worth £30.8m
Posted: 05/10/2023
A quarter (25%) of pension savers have said they have never checked their pension, Moneyhub has found
Posted: 05/10/2023
Over half (57%) of UK investors are confident that the worst of the economic turbulence from the past 18 months has now passed, new research from Shojin has indicated
Posted: 04/10/2023
The Financial Conduct Authority (FCA) has banned Simon Hughes of S&M Hughes Limited, which is in liquidation, from advising customers on pension transfers and pension opt outs, and from holding any senior management function in a regulated firm
Posted: 04/10/2023
People who put a pay rise into their pension pot are set to see an increase in their annual retirement income, PensionBee has found
Posted: 04/10/2023
Target Group has announced the launch of a new “state-of-the-art” mortgage originations system
Posted: 04/10/2023
The Conveyancing Association (CA) has updated its conveyancing member pledges, following the publication of its digital conveyancing protocol document and the Financial Conduct Authority’s Consumer Duty rules
Posted: 04/10/2023
Intermediary platform, Acre, has signed a new agreement with mortgage distributor, Brilliant Solutions
Posted: 04/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Foundation Home Loans and Roma Finance
Posted: 04/10/2023
Almost half (47.3%) of September’s mortgage searches on Twenty7tec’s platform were for two-year fixes, analysis by the firm has found
Posted: 03/10/2023
Orbis Protect has been announced as the latest organisation to join the Association of Short-Term Lenders (ASTL) as an associate member
Posted: 03/10/2023
Perspective Financial Group has completed two further acquisitions for advice firms, taking the group’s total to 17 acquisitions so far in 2023
Posted: 03/10/2023
Three in 10 (30%) ultra-high net worth individuals (UHNWIs) have put plans to pass money down to younger generations on hold, research from Mazars has found
Posted: 03/10/2023
Redwood Bank has confirmed it is in talks to raise capital through a proposed reverse takeover
Posted: 03/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Pepper Money, Just Mortgages and Accord Mortgages
Posted: 03/10/2023
Home purchase plan (HPP) provider StrideUp has been added to the PMS Mortgage Club lending panel
Posted: 03/10/2023
One in seven people in the UK have said they have never checked their pension, according to new research by Standard Life
Posted: 03/10/2023
The FCA has handed a £6.5m fine to a broker, ADM Investor Services International (ADMISI), for inadequate anti-money laundering (AML) systems and controls
Posted: 02/10/2023
The Wealth & Asset Management Awards 2024 is now open for entries to firms in the institutional and retail asset management spaces
Posted: 02/10/2023
Today’s round up of developments coming out of the consumer finance space, featuring Shawbrook, United Trust Bank and Market Financial Solutions
Posted: 02/10/2023
Over two-fifths (44%) of mortgage advisers have seen an increase in enquiries about interest-only mortgages in the past year, Opinium has found
Posted: 02/10/2023
House prices failed to grow month-on-month in September, as prices fell by 5.3% on an annual basis, Nationwide’s house price index (HPI) has found
Posted: 02/10/2023
The Andrew Sykes Group Pension Scheme has completed a £30m buy-in with Canada Life, insuring the benefits of around 440 members, including 160 deferred members
Posted: 02/10/2023
Guardian Financial Services has joined the Quilter Select protection panel to expand its distribution reach
Posted: 02/10/2023
The number of property transactions in the UK rose by just 1% in August compared to the previous month, HM Revenue and Customs (HMRC) has found
Posted: 29/09/2023
The Financial Conduct Authority (FCA) has taken action against two financial advisers for providing “dishonest” pension transfer advice
Posted: 29/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring CHL Mortgages, Together and Fleet Mortgages
Posted: 29/09/2023
The number of mortgage approvals fell again in August to record its lowest level in six months, new Bank of England (BoE) figures have revealed
Posted: 29/09/2023
Schemes can help protect their members from pension scams by keeping up with best-in-class administration, Broadstone has said
Posted: 29/09/2023
Almost two million disabled people in the UK have contacted debt advice charities over the past 12 months for support as they continue to suffer as a result of the cost of living crisis, Creditspring has found
Posted: 28/09/2023
The KGM Pension and Life Assurance Scheme has completed a £4m full-scheme buyout with Just Group, covering 14 deferred and 10 pensioner members
Posted: 28/09/2023
Parents could provide more than £300,000 in pension wealth for their children by the time they reach retirement age by contributing to their child’s pension from the age of 18, new research from PensionBee has found
Posted: 28/09/2023
Less than two in five retail investors in the UK (39%) have faith in the Bank of England’s (BoE’s) decision making, new research by HYCM has revealed
Posted: 28/09/2023
Demand for homes has increased for the first time since spring, with 12% more buyers in the market over the last four weeks, Zoopla’s house price index (HPI) has found
Posted: 28/09/2023
Financial advisory firm, Foster Denovo, has agreed to acquire chartered financial planner, Wade Financial
Posted: 28/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Atom bank, Hampshire Trust Bank and Pepper Money
Posted: 28/09/2023
Accord Mortgages has extended its cascade score lending solution to borrowers with the lowest deposits, following popular demand
Posted: 27/09/2023
Atom bank has announced a new partnership with climate tech firm, Kamma, to tackle climate change risks
Posted: 27/09/2023
Chief commercial officer at Pure Retirement, John Wilson, explores the later life lending market in the latest blog on MoneyAge
Posted: 27/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring United Trust Bank, Newcastle Intermediaries and MorganAsh
Posted: 27/09/2023
The wealthiest 1% of the UK would receive half the benefit if the Government was to scrap inheritance tax (IHT), with an average tax cut of over £1m, new analysis has indicated
Posted: 27/09/2023
The number of first-time buyers is down 22% between January and August 2023, compared to the same period last year, the Halifax first-time buyer review has found
Posted: 27/09/2023
The total value of taxable payments withdrawn flexibly from pensions since 2015 when the pension freedoms were introduced is £72.2bn, HM Revenue and Customs (HMRC) has revealed
Posted: 27/09/2023
Red Kite Lending, a start-up property bridging and development lender, has agreed a total £15m debt and equity package with Shawbrook Bank
Posted: 27/09/2023
Legal & General Surveying Services has announced the launch of a new partnership with Metro Bank
Posted: 26/09/2023
The most popular searches that brokers carried out on behalf of clients in August continued to centre around ‘missed or late payments’, Knowledge Bank has found
Posted: 26/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Landbay and Envelop
Posted: 26/09/2023
Smart Money People has opened its doors for intermediary feedback on its mortgage lender benchmark in H2 2023
Posted: 26/09/2023
Defaqto has launched a new product and platform switching tool to help advisers remove time and complexity from their pricing research
Posted: 26/09/2023
Just one in 10 (11%) independent financial advisers (IFAs) have stated that they support the Government’s potential tax rule changes surrounding pension death benefits, Standard Life has found
Posted: 26/09/2023
Prospective homebuyers are placing increasing importance on the energy efficiency of the property they are buying, according to new research from Mortgage Advice Bureau
Posted: 26/09/2023
The average inheritance tax (IHT) bill could reach £233,000 in the 2023/24 financial year, new research from Wealth Club has indicated
Posted: 25/09/2023
Aviva has confirmed the acquisition of AIG Life UK from Corebridge Financial, a subsidiary of AIG, in a deal worth £460m
Posted: 25/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Nottingham Building Society, One Mortgage System and Precise Mortgages
Posted: 25/09/2023
Standard Life has partnered with Moneyhub to deliver a new pensions dashboard, making it the first UK provider to commit to offering a commercial dashboard for the pensions sector
Posted: 25/09/2023
The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) are proposing new measures to boost diversity and inclusion across the financial services sector
Posted: 25/09/2023
Nearly four in five (79%) surveyors have noted a decline in landlords looking to buy new investment properties, an e.surv survey has found
Posted: 25/09/2023
Sesame Network, which is part of the Sesame Bankhall Group (SBG), has announced Tandem Bank as its latest lender partner
Posted: 25/09/2023
The amount of money held in fixed rate savings accounts has almost doubled over the past year, analysis by Paragon Bank has suggested, with savers responding to rising interest rates
Posted: 22/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Nationwide and MPowered Mortgages
Posted: 22/09/2023
Hargreaves Lansdown (HL) has called on the Government to allow people to open lifetime ISAs (LISAs) and receive bonuses on contributions until the age of 55
Posted: 22/09/2023
The Mortgage Industry Mental Health Charter (MIMHC) has created a new steering group to oversee the charter’s ongoing development and to work alongside the co-founders to evolve the mental wellbeing support being offered
Posted: 22/09/2023
Discussions about vulnerable clients following the introduction of Consumer Duty on 31 July was the most popular thread on the cherry forum in August
Posted: 22/09/2023
The Financial Conduct Authority (FCA) has written to insurers calling for more action to be taken to ensure good consumer outcomes
Posted: 21/09/2023
The Cable and Wireless Superannuation Fund has agreed a £340m buy-in with Legal & General (L&G), securing the benefits of approximately 1,800 retirees and deferred members
Posted: 21/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, Apex Group and LiveMore
Posted: 21/09/2023
The Bank of England has announced that its base rate is to stay at 5.25%, the first time that interest rates have remained unchanged since December 2021
Posted: 21/09/2023
Aspiring homeowners in the UK are becoming more reliant on the “bank of family” in order to support their house purchases, new data from Legal & General (L&G) and the Centre for Economics and Business Research (CEBR) has found.
Posted: 21/09/2023
Financial planning firm Wren Sterling Group has acquired a majority stake in the Stockdale Group
Posted: 21/09/2023
Inheritance tax (IHT) receipts have continued to increase in August, with an extra £300m collected compared to the same period last year
Posted: 21/09/2023
Specialist lender Together has announced that its loan book has grown to £6.4bn in its results for the year to 30 June
Posted: 21/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Atom bank, Accord Mortgages, and the Conveyancing Association
Posted: 20/09/2023
Paradigm has confirmed the addition of Market Harborough Building Society to its lender panel
Posted: 20/09/2023
The annual rate of UK house price growth slowed to 0.6% in the year to July, down from 1.9% in the 12 months to June
Posted: 20/09/2023
Inflation has fallen to 6.7% for the 12 months to August, new figures published by the Office for National Statistics (ONS) have revealed.
This is down from price increases of 6.8% in the year to July, and the recent peak of 11.1% recorded in October last year
This is down from price increases of 6.8% in the year to July, and the recent peak of 11.1% recorded in October last year
Posted: 20/09/2023
Digital mortgage lender, Molo Finance, has announced a new strategic collaboration with AI-driven proptech startup, Propflo
Posted: 20/09/2023
RegTech provider, Comentis, has announced an agreement with the network of financial and mortgage advisers, In Partnership
Posted: 19/09/2023
Buy-to-let (BTL) landlords in England and Wales have seen an increase of 8.7% in their rental portfolio income in the past 12 months, Benham and Reeves has found
Posted: 19/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Nottingham Building Society, Norton Group and Accord Mortgages
Posted: 19/09/2023
Specialist wealth and asset management firm, Mattioli Woods, has confirmed that its subsidiary, Ludlow Wealth Management Group, has acquired Opus Wealth Management
Posted: 19/09/2023
The parent company of SimplyBiz and Defaqto, Fintel, has reported a 2% fall in statutory revenue for the first six months of 2023
Posted: 19/09/2023
HSBC Life (UK) has been added to the Right DA Club’s protection provider panel with immediate effect
Posted: 19/09/2023
Pension savers can add nearly £100,000 to their pension pots through strong investment performance and low charges, Broadstone has found
Posted: 19/09/2023
The average asking price of newly marketed properties increased by 0.4% in August to £366,281, new data published by Rightmove has shown
Posted: 18/09/2023
Hundreds of thousands of young adults aged between 18 and 21 are being urged to claim their child trust fund (CTF), with an average of £2,000 waiting for them
Posted: 18/09/2023
The vast majority of financial advisers (93%) believe that property wealth should now be a key consideration when giving financial planning advice, research from Nokkel has revealed
Posted: 18/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Market Financial Solutions, Landbay and Lloyds Bank
Posted: 18/09/2023
More than seven in 10 landlords (71%) would say they are unlikely to buy a property which has an energy performance certificate (EPC) rating of less than C, new research from Foundation Home Loans has indicated
Posted: 18/09/2023
Three quarters (75%) of UK households have said they are prioritising contributions to savings, despite having less to spend during the cost of living crisis, Nottingham Building Society has found
Posted: 18/09/2023
Nearly four in five (78%) homeowners aged between 50 and 80 have said they are feeling the effects of the cost of living crisis, research by LiveMore has found
Posted: 18/09/2023
Employees who are closer to retirement are less likely to know how much money they have saved up in their various pensions, according to a new survey from Cushon
Posted: 15/09/2023
Newcastle Intermediaries has introduced a new range of 10-year fixed rate products, following an increase in consumer demand for longer-term options
Posted: 15/09/2023
Elston Portfolio Management has launched its new money market portfolio MPS service for advisers looking for low risk, yield-focused investments
Posted: 15/09/2023
Later life lending platform, Air, has launched a new set of tools to support financial advisers as they discuss affordability with their clients
Posted: 15/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Leeds Building Society, The Mortgage Lender and Yorkshire Building Society
Posted: 15/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Suffolk Building Society, Hampshire Building Society and Loan.co.uk
Posted: 14/09/2023
Almost 400 misleading promotions concerning later life mortgages have been removed or amended following a review by the Financial Conduct Authority (FCA)
Posted: 14/09/2023
Paradigm has launched a new, exclusive partnership with Enable Services, in a bid to help clients improve the energy efficiency of their home
Posted: 14/09/2023
Nearly half (45%) of UK adults are concerned about the financial decision making of their vulnerable relatives as they get older, a recent report by AKG has found
Posted: 14/09/2023
Two advisers have been banned and fined by the Financial Conduct Authority (FCA) for their failings in relation to advice given for the British Steel Pension Scheme
Posted: 14/09/2023
Saltus has launched a new partnership programme that aims to provide flexible support to independent financial planning businesses, including easy access to growth and buyout capital
Posted: 13/09/2023
Independent financial adviser (IFA) firm, Timothy James & Partners (TJP), has been acquired by a Sweden-based financial services group
Posted: 13/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, Chetwood Financial and Saffron for Intermediaries
Posted: 13/09/2023
The majority of financial advisers would be in favour of simplifying the ISA market, new research from AJ Bell has indicated
Posted: 13/09/2023
One in three adults in the UK have stated that they are focusing more on saving, following a shift from a spending mindset, Gatehouse Bank has found
Posted: 13/09/2023
Nearly three in five (58%) UK adults over 40 have said that they are anxious about the prospect of retiring, with one in five (20%) stating they are "very anxious"
Posted: 13/09/2023
The value of outstanding mortgage balances with arrears climbed by 13% over the second quarter to total £16.9bn, new figures released by the Bank of England (BoE) have shown
Posted: 12/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Foundation Home Loans and Accord Mortgages
Posted: 12/09/2023
Over three quarters (76%) of brokers have said that the level of notice a lender gives them regarding a product withdrawal would impact whether they consider using them again, Castle Trust Bank has found
Posted: 12/09/2023
Members of the Finance & Leasing Association (FLA) across the asset finance, consumer finance and motor finance markets provided £76.3bn of new business in the first half of 2023, new figures from the association have revealed
Posted: 12/09/2023
StrideUp has been added to TMA Club’s lender panel, allowing for TMA member firms to access StrideUp products to get people on the property ladder
Posted: 12/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Tuscan Capital, Just Group and Aspen Bridging
Posted: 11/09/2023
Average house price growth has fallen for the first time since March 2012, reducing by -1.3% in August, e.surv has found
Posted: 11/09/2023
Mortgage and savings software provider, finova, has partnered with digital will-writing service, Sail Wills, to incorporate its self-service will templates into finova’s broker CRM
Posted: 11/09/2023
The number of UK adults receiving unsolicited approaches about their pensions has fallen substantially in the past five years, dropping by six and a half million people
Posted: 11/09/2023
One Mortgage System (OMS) has been adopted as the primary tech provider for Positive Lending
Posted: 11/09/2023
Legal & General (L&G) Mortgage Club has added Market Financial Solutions (MFS) to its lender panel, giving advisers access to the full MFS specialist product range
Posted: 08/09/2023
Mortgage and specialist loan provider, Together Financial Services, has successfully priced a new £443m first charge only residential mortgage-backed securitisation (RMBS)
Posted: 08/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Precise Mortgages, Fleet Mortgages and Paragon Bank
Posted: 08/09/2023
The Society of Later Life Advisers (SOLLA) has announced Canaccord Genuity Wealth Management (CGWM) as a new strategic partner
Posted: 08/09/2023
New rules by the Financial Conduct Authority (FCA) that ban incentives such as ‘refer a friend’ bonuses on cryptoasset products are set to come into force on 8 October.
Posted: 08/09/2023
Nucleus Financial Platforms has confirmed that its acquisition of Curtis Banks Group has now received all necessary regulatory approvals
Posted: 07/09/2023
August has seen a 35% increase in the number of searches for borrowers using gifted deposits, the latest data from Legal & General (L&G) Ignite has revealed
Posted: 07/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring United Trust Bank, Hampshire Trust Bank and Standard Life
Posted: 07/09/2023
Over one in 10 (13%) UK adults, which equates to one and a half million people, have said that they are never planning to give up work, new research by Canada Life has found
Posted: 07/09/2023
One Mortgage System (OMS) has announced a new partnership with Legal & General (L&G) Mortgage Club
Posted: 07/09/2023
UK house prices have fallen by 4.6% year-on-year in August, the largest annual decline since 2009, the Halifax house price index (HPI) has found
Posted: 07/09/2023
Around half (49%) of people aged between 18 and 24 have been contacted by a scammer impersonating someone else, new research from UK Finance has indicated
Posted: 07/09/2023
Three quarters of landlords (74%) who intend to purchase a new rental property in the next year will utilise a limited company structure, a new record high
Posted: 07/09/2023
Three new signatory companies from the mortgage sector have joined the Mortgage Industry Mental Health Charter (MIMHC)
Posted: 06/09/2023
The defined benefit (DB) pension market is currently at a "crossroads" as many schemes are now well-funded, Mercer has said
Posted: 06/09/2023
B2B platform provider, Winterflood Business Services (WBS), has collaborated with Aviva to launch a new direct share dealing service for its clients
Posted: 06/09/2023
United Trust Bank (UTB) has completed a £21.9m refinance and capital raise secured by an investment portfolio, which enabled a borrower to complete further acquisitions
Posted: 06/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Newcastle Intermediaries, Sesame Bankhall Group and Just Wealth
Posted: 06/09/2023
Nearly three-quarters (73%) of adults in the UK, which equates to 38 million people, have said that they don’t have their spending fully under control, new research from TopCashback has found
Posted: 06/09/2023
Finvest has become a virtually paperless business, after improving its processing time following a successful pilot of Nivo’s technology
Posted: 06/09/2023
Caledonia Investments has agreed the sale of its majority stake in wealth management business, Seven Investment Management (7IM), for £255m
Posted: 05/09/2023
The Financial Conduct Authority (FCA) has set out issues it will consider as part of a review of the treatment of domestic politically exposed persons (PEPs) by financial services firms
Posted: 05/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Paragon Bank, Bestinvest and Vida
Posted: 05/09/2023
Perspective Financial Group has acquired three new financial advisers to take the group’s total to 15 acquisitions so far in 2023
Posted: 05/09/2023
A total of £2.76bn was raised in insurance premium tax (IPT) receipts in the first four months of the latest financial year, which is 27% higher than in the same period last year, OAC has found
Posted: 05/09/2023
Someone living until they are 100-years-old could need an extra £240,000 in their pension pot to give them a comfortable retirement, analysis by interactive investor has shown
Posted: 05/09/2023
The number of people using funds from their 50+ mortgage for debt consolidation has doubled in the last year, according to data published by Hodge
Posted: 05/09/2023
Pegasus Insight, a recently established professional research services consultancy firm, has become the latest associate member of the Intermediary Mortgage Lenders Association (IMLA)
Posted: 04/09/2023
Leeds Building Society has launched a new online tool designed to help members monitor and manage their home energy usage, reduce their environmental impact and save money
Posted: 04/09/2023
The Financial Conduct Authority (FCA) has handed out fines and moved to ban two advisers for their roles in operating a flawed pension advice process
Posted: 04/09/2023
Today’s round up of developments coming out of the consumer finance space, featuring Walker Crips, One Mortgage System and Standard Life
Posted: 04/09/2023
The Association of British Insurers (ABI) pension and assurance scheme has completed an £18.4m buyout with Just Group
Posted: 04/09/2023
The Association of Short-Term Lenders (ASTL) has announced the appointment of two new members to its executive board
Posted: 04/09/2023
More than three in five people (62%) have said that saving for the future and retirement is currently a high priority for them, a survey by Pension Geeks has found
Posted: 04/09/2023
The average funding position and proportion of defined benefit (DB) schemes in surplus hit their highest levels since the start of the current funding regime in 2005, although there is a wide variation between schemes, analysis from Aon has found
Posted: 1/9/2023
The Financial Conduct Authority (FCA) is set to analyse the information that nine banks and building societies have provided to ensure the savings products that they are offering are fair value
Posted: 1/9/2023
Today’s round up of developments coming out of the consumer finance space, featuring The Conveyancing Association, Mortgage Broker Tools and Leeds Building Society
Posted: 1/9/2023
House prices in the UK have decreased by 0.8% month-on-month in August, Nationwide’s house price index (HPI) has found
Posted: 1/9/2023
Just Group has completed a £290m buy-in deal with the ITB Pension Funds (Open Fund), meaning that all of the scheme members’ benefits have now been secured
Posted: 31/8/2023
Today’s round up of developments coming out of the consumer finance space, featuring Accord Mortgages, Standard Life and Quilter Chevoit
Posted: 31/8/2023
The number of UK residential transactions in July 2023 is estimated to stand at 86,510, 16% lower than July 2022, HM Revenue and Customs (HMRC) has found
Posted: 31/8/2023
Pension savers can add up to £52,000 to their retirement pot by completing their mortgage repayments as early as possible, Standard Life has found
Posted: 31/8/2023
Today’s round up of developments coming out of the consumer finance space, featuring Aegon UK, NS&I and the Landlord Leaders Community
Posted: 30/8/2023
Net borrowing of mortgage debt by individuals has increased for the third consecutive month, rising to £200m in July compared to £100m in June, the Bank of England’s (BoE) money and credit report has found
Posted: 30/8/2023
UK households have an average of £8,267 sitting in current accounts when it could be more, Hargreaves Lansdown has revealed
Posted: 30/08/2023
Property sales in the UK have fallen by 22% from the start of the year to August compared to the same period in 2022, Zoopla’s house price index (HPI) has found
Posted: 30/8/2023
Just half (50%) of people claiming the new state pension are receiving the full amount, Responsible Life has found
Posted: 29/08/2023
Quilter Cheviot has announced that its managed portfolio service (MPS) is now available to financial advisers using the Morningstar Wealth Platform, Fundment and Titan platforms
Posted: 29/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Landbay, Alternative Bridging Corporation and Mortgage Metrics
Posted: 29/08/2023
An estimated 318,400 housing transactions will receive financial support from family members in 2023, according to new research from Legal & General (L&G) and the Centre for Economics and Business Research (Cebr)
Posted: 29/08/2023
Many people who were ill-advised to transfer out of their defined benefit (DB) pension are now likely to receive significantly less compensation, analysis from OAC has found
Posted: 29/08/2023
The Open Property Data Association (OPDA) has appointed United Trust Bank (UTB) as the first mortgage lender to join its executive committee
Posted: 29/08/2023
Nearly seven in 10 (69%) of mortgage applicant have said that brokers are essential for navigating the current market, the latest research from Market Financial Solutions (MFS) has found
Posted: 29/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Foundation Home Loans, Spicerhaart and TSB
Posted: 25/08/2023
Nottingham Building Society has launched a new partnership with mortgage network, TMG Direct
Posted: 25/08/2023
A gap in trust and engagement in pensions has emerged, notably at its widest among younger savers, according to new research from Broadstone
Posted: 25/8/2023
Three in 10 UK homeowners (30%) approaching the end of their fixed mortgage deals are taking extra work to boost their savings ahead of repayment rises, according to new research by Indeed Flex
Posted: 25/08/2023
Guardian has paid its first critical illness claim under its new cover upgrade promise, which checks a claim against both the critical illness definitions that a customer bought, as well as the critical illness definitions of new customers, paying out if the claim is valid under either
Posted: 24/08/2023
The UK is still the most popular destination for international property investors to invest their funds, Legal & General (L&G) Ignite has found
Posted: 24/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Paragon Bank, Santander and LendInvest
Posted: 24/08/2023
British Business Investments has announced a new £20m tier two capital facility for Cambridge & Counties Bank
Posted: 24/08/2023
LiveMore has built and launched a new affordability calculator which accurately provides the maximum amount of borrowing available on all of its later life lending product types on one visual display
Posted: 24/08/2023
More than half (52%) of prospective homebuyers believe the current economic climate has impacted who they plan on buying a property with, and with who they might have to share their property
Posted: 24/08/2023
Searches for interest-only mortgages have made a comeback in July, following the introduction of the mortgage charter and the fourteenth consecutive rise in the BoE’s base rate, Knowledge Bank’s July criteria index has found.
Posted: 24/08/2023
Fintech firm, Zorrz Finance, has partnered with Swedish fintech, Sileon, in a move to enable more consumers to access Buy Now, Pay Later (BNPL) solutions
Posted: 23/08/2023
Almost three quarters (73%) of people don’t know it is possible to contribute to someone else’s pension, Hargreaves Lansdown has found
Posted: 23/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Newcastle Building Society, Nationwide and Hampshire Trust Bank
Posted: 23/08/2023
A new issue of National Savings and Investments’ (NS&I’s) green savings bonds has been released, paying a 5.70% gross fixed rate over a three-year term
Posted: 23/08/2023
Recent survey data has shown that firms operating in emerging financial sectors show a concerning lack of commitment to screening new customers against sanctions or politically exposed persons (PEP) lists
Posted: 23/08/2023
The looming fixed rate mortgage “crunch” could force over-55s back into work as affordability worries build, new research from Key Later Life Finance has suggested
Posted: 23/08/2023
Improvements in funding levels have accelerated the need for many defined benefit (DB) pension trustees to consider the illiquid assets in their schemes, Standard Life has found
Posted: 23/08/2023
The Association of Mortgage Intermediaries (AMI) is calling on mortgage advisers to complete a short survey
Posted: 22/08/2023
Over four in five (84%) of people with a defined benefit (DB) pension scheme have said that they haven’t considered switching to a more flexible option, according to the Financial Conduct Authority’s (FCA) financial lives research
Posted: 22/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Hanley Economic Building Society, Just Wealth and Hampshire Bank Trust
Posted: 22/08/2023
Cynergy Bank has secured a £20m tier two capital facility from British Business Investments
Posted: 22/08/2023
The average annual UK salary would need to increase by £3,000 in order to keep pace with inflation in 2023, according to a new study
Posted: 22/08/2023
Two thirds of landlords (67%) across the UK have reported increasing levels of tenant demand during Q2, a figure unchanged from Q1 this year and an equal record high, new research published by Paragon Bank has indicated
Posted: 22/08/2023
Inheritance tax (IHT) has increased by a further £603m in July, and receipts for April to July 2023 currently stand at £2.6bn, an increase of £200m compared to the same period in 2022, HM Revenue and Customs (HMRC) has revealed
Posted: 22/08/2023
Specialist lender Market Financial Solutions (MFS) has joined Optimum ELITE’s panel of lenders
Posted: 21/08/2023
At least half of retirees could be losing out on hundreds of pounds worth of interest each year in savings accounts with rates of 3% or less, new research from PensionBee has found
Posted: 21/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Paradigm Protect, The Right Mortgage & Protection Network, DA Club and United Trust Bank
Posted: 21/08/2023
The average asking price for newly marketed properties has dropped by 1.9% in August to £364,895, new figures published by Rightmove have shown
Posted: 21/08/2023
Almost half (44%) of all equity release applications in the first three months of 2023 were in relation to remortgaging, Equifax has found
Posted: 21/08/2023
Homeowners on a standard variable rate (SVR) mortgage could save up to £257 a month by switching to a fixed rate repayment mortgage deal, the equivalent of £3,084 a year, Compare the Market analysis has found
Posted: 21/08/2023
LSL Property Services has agreed a deal worth up to £12.9m to acquire Tenet Mortgage Network
Posted: 21/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Paragon Bank, Nottingham Building Society and TSB
Posted: 18/08/2023
The British Business Bank has agreed a portfolio increase of £75m for specialist commercial lender, DF Capital, to its existing ENABLE Guarantee
Posted: 18/08/2023
The vast majority of people and businesses are set to be no further than three miles from withdrawing cash under a new framework set out by the Treasury
Posted: 18/08/2023
Quilter Cheviot has announced that in conjunction with its financial planning arm, Quilter Private Client Advisers, it is launching a new affinity partnership with Virtualnonexecs.com
Posted: 18/08/2023
MPowered Mortgages has confirmed the full rollout of its ChatGPT-powered chatbot tool, CriteriaGPT
Posted: 17/08/2023
The financial confidence of savers has improved in the second quarter of 2023, with 62% of savers stating that they were confident in their financial position, Paragon Bank has found
Posted: 17/08/2023
Quilter has launched a new client communications guide to help financial advisers deliver messages to clients more effectively, as part of its Consumer Duty support
Posted: 17/08/2023
Today’s round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, The Nottingham Building Society and Hope Capital
Posted: 17/08/2023
Women over the age of 45 consider products and services that ‘meet individual needs’ more important than men of a similar age, the latest research from Air has found
Posted: 17/08/2023
The later life lending landscape
Michael Griffiths speaks to Darren Deacon and Stuart Heavens from Family Building Society about the current state of play in the later life lending market
Mortgage Insider Podcast
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