Latest News

UK inflation remains at 3.4% in May


By Dan McGrath

UK inflation held at 3.4% in May, the Office for National Statistics (ONS) has revealed, ahead of the Monetary Policy Committee’s base rate announcement tomorrow.

The latest data comes after consumer price index (CPI) inflation increased from 2.6% in March to 3.3% in April


Story 2

Annual house price growth slows to 3.5% – ONS

House price growth slowed to 3.5% in the year to April, according to new data published by the Office for National Statistics (ONS)

Story 3

Shackleton secures majority investment from Lee Equity

Shackleton Advisers has entered into a definitive agreement for a majority investment from funds managed by Lee Equity Partners

Story 4

Second charge mortgage business declines in April – FLA

New business volumes in the second charge mortgage market declined by 2% in April, the first annual fall since November 2023, new figures published by the Finance & Leasing Association (FLA) have shown

Lending with a difference: A conversation with Family Building Society’s Nathan Waller

With demand growing for more flexible mortgage solutions, Family Building Society is carving out a strong reputation in later life, family-assisted, and buy to let lending. We speak to Nathan Waller, Business Development Manager at Family Building Society, to discuss how they’re supporting brokers, addressing complex borrower needs, and adapting to an evolving market.

BANNER

BTL lenders reassessing approach to low energy efficiency properties

Buy-to-let (BTL) lenders are looking to futureproof their mortgage portfolios by reassessing how they lend against properties with lower energy efficiency, according to a new report from Cotality
1.2 million fixed rate savers facing tax bill as one-year accounts mature

An estimated 1.2 million one-year fixed term savings accounts due to mature before the end of 2025 could generate enough interest to incur a tax payment, research by Paragon Bank has shown

BANNER

One in five retail investors switch from equities to cash – Investec Save

Over a fifth (21%) of retail investors have switched money from equities to cash in 2025 in response to global stock market volatility, Investec Save has found

View More News

Categories

Late payment interest on income tax soars to £513m in last five years

HMRC has charged £513m in interest on the late payment of income tax since 2020, a new Freedom of Information (FOI) request submitted by NFU Mutual has shown

Number of estates liable for IHT to surpass 37,000 by 2027

The number of estates in the UK subject to inheritance tax (IHT) will exceed 37,000 by 2027, according to analysis by Irwin Mitchell

IHT receipts hit second highest ever total in April

Inheritance tax (IHT) receipts reached the second highest monthly total ever recorded, totalling £780m in April, HMRC data has revealed

Two thirds of platforms not providing holistic CGT support

Over two thirds of platforms are not providing advisers with holistic capital gains tax (CGT) planning support, despite it being an "issue they’re grappling with daily", FSL has found

FCA appoints deputy chief exec

The FCA has appointed Sarah Pritchard as deputy chief executive

Caring responsibilities among most common customer vulnerabilities – MorganAsh

Caring responsibilities are one of the most common life events experienced by vulnerable financial consumers, MorganAsh has found

UK Finance calls for new drive in demand for green home upgrades

UK Finance has called for action from the financial services sector to drive demand for green home upgrades

FCA streamlines complaints data reporting requirements

The Financial Conduct Authority (FCA) has streamlined the way in which firms submit data on the complaints they receive

UK inflation remains at 3.4% in May

UK inflation held at 3.4% in May, the Office for National Statistics (ONS) has revealed, ahead of the Monetary Policy Committee’s base rate announcement tomorrow. The latest data comes after consumer price index (CPI) inflation increased from 2.6% in March to 3.3% in April

One in five retail investors switch from equities to cash – Investec Save

Over a fifth (21%) of retail investors have switched money from equities to cash in 2025 in response to global stock market volatility, Investec Save has found

1.2 million fixed rate savers facing tax bill as one-year accounts mature

An estimated 1.2 million one-year fixed term savings accounts due to mature before the end of 2025 could generate enough interest to incur a tax payment, research by Paragon Bank has shown

Savings market reaching record highs

Product choice in the savings market has increased to 2,235 deals including ISAs, a new record high

Two-thirds of workers missing out on salary exchange pension boost

Just over a third (35%) of salaried workers are enrolled in their company’s salary exchange scheme, Scottish Widows has found, warning that the rest could be missing out on a pensions pot boost potentially worth tens of thousands of pounds

Third of savers feel confident about affording retirement

The majority of pension savers are not confident they can afford to retire, according to research from Hargreaves Lansdown, which found that just 36% of people surveyed are confident they can afford to retire

Grant Thornton Pensions Fund secures £275m buy-in with Royal London

The Grant Thornton Pensions Fund has secured a £275m buy-in with Royal London, securing the benefits of around 2,200 members

Morrisons pension scheme completes £270m buy-in with Aviva

The Morrisons Retirement Saver Plan has completed a £270m buy-in with Aviva, securing the retirement benefits of over 32,000 deferred members of the RSP Section of the scheme

Shackleton secures majority investment from Lee Equity

Shackleton Advisers has entered into a definitive agreement for a majority investment from funds managed by Lee Equity Partners

Bridging loan completions total £2.8bn in Q1

New bridging loan completions totalled £2.8bn in Q1 2025, matching the record set in Q4 2024, the Bridging & Development Lenders Association (BDLA) has revealed

Metro Bank's share price jumps 10% amid takeover rumours

Shares in Metro Bank have increased by over 10% in early trading, following rumours of a potential takeover deal

Broadstone acquires ExactVAL

Broadstone has announced the acquisition of ExactVAL, aimed at strengthening its capabilities in the life insurance and bulk purchase annuity (BPA) market, for an undisclosed amount

Two thirds of advisers ready to move to new CRM system

Over two thirds (69%) of advisers are ready to "break up" with their CRM systems, Twenty7tec has found

Foster Denovo to launch new digital advice tool

Foster Denovo has developed a new digital tool that aims to make financial advice more accessible by bridging the “advice gap”

FCA allows firms to experiment with AI alongside NVIDIA

The Financial Conduct Authority (FCA) will launch a Supercharged Sandbox to help financial services firms experiment safely with AI to support innovation

PEXA completes UK’s first fully digital property purchase

PEXA has completed the UK’s first fully digital property transaction

News in brief - 18 June 2025

Today's round up of developments coming out of the consumer finance space, featuring Buckinghamshire Building Society, Keystone Property Finance and Kuflink

Finova adds Pauzible to payments lender panel

Pauzible has become the latest firm to be added to Finova’s payments lender panel

News in brief - 17 June 2025

Today's round up of developments coming out of the consumer finance space, featuring LiveMore, Darlington Building Society and LendInvest Mortgages

L&C Mortgages becomes latest OPDA member

The Open Property Data Association (OPDA) has appointed L&C Mortgages as its latest member

Lending with a difference: A conversation with Family Building Society’s Nathan Waller

With demand growing for more flexible mortgage solutions, Family Building Society is carving out a strong reputation in later life, family-assisted, and buy to let lending. We speak to Nathan Waller, Business Development Manager at Family Building Society, to discuss how they’re supporting brokers, addressing complex borrower needs, and adapting to an evolving market.

BLOG: Expand the holistic solutions you can offer with Royal London Equity Release

Royal London Equity Release discusses the importance of holistic support for clients when it comes to later life lending

BLOG: The younger generation have spotted an alternative route into the housing market – and we should embrace it

Head of business development at Saffron for Intermediaries, Tony Hall, discusses how the younger generation can find their way onto the housing ladder

BLOG: Introducing eConveyancer+ | Raising the bar on communication

The latest MoneyAge blog explores eConveyancer+, a new standard in conveyancing designed to support brokers in delivering exceptional service with complete confidence

Check out our latest advertorials

Reinventing retirement

Later Life Lending

Introducing our Innovative Later Life Lending Navigator Tool

View More Advertorials

Latest videos

View More Videos

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Is 2025 the year of the remortgage?
An estimated 1.8 million fixed rate mortgage deals are due to expire in 2025, 400,000 more than in 2024. This surge in remortgaging presents a critical opportunity for mortgage brokers to offer essential advice and financial support to homeowners across the UK, ensuring they transition smoothly to new deals amid stabilising interest rates and heightened affordability checks.

BANNER

BANNER


The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.

The UK housing market in 2024
The performance of the UK housing market in 2024 has largely exceeded many people's expectations, although challenges remain for first-time buyers due to house prices increasing and a testing rental market for many. Regional disparities, such as the North-South divide, also continue to influence housing accessibility and affordability for many buyers in pockets of the country.

© 2019 Perspective Publishing     Privacy & Cookies