Archive News

The fourth quarter of 2021 saw a slight fall in rental yields, down from 6.2% in Q4 a year ago to 5.6%, new figures from Fleet Mortgages have indicated
Posted: 19/01/2022
The overall health of the remortgage market dropped slightly in the third quarter last year, new data from LMS has suggested
Posted: 19/01/2022
Brilliant Solutions has announced the addition of Norton Home Loans to its mortgage club panel
Posted: 19/01/2022
UK inflation (Consumer Prices Index) has hit a 30-year high having risen by 5.4% in the 12 months to December, the Office for National Statistics (ONS) has announced
Posted: 19/01/2022
Annual house price growth climbed to 10.0% last November, a slight rise from 9.8% in October, according to figures from the Office for National Statistics (ONS)
Posted: 19/01/2022
Older homeowners released a record £4.4bn in property wealth last year, new data from Key has revealed.

The figure equates to a rate of more than £12m a day as customers helped family and secured their own finances by repaying debt or remortgaging existing borrowing
Posted: 19/01/2022
More than three quarters (79%) of brokers are feeling optimistic about how the new build housing market will perform in 2022, new research published by TMA Club has indicated
Posted: 19/01/2022
PRIMIS Mortgage Network has announced that Mansfield Building Society has joined its lender panel
Posted: 18/01/2022
New plans to strengthen the rules around crypto advertisements and protect consumers from misleading claims have been published by the Treasury
Posted: 18/01/2022
Pepper Money has reduced its minimum income requirements to £15,000 for existing landlords as part of several changes to its buy-to-let (BTL) criteria
Posted: 18/01/2022
The Work and Pensions Committee has proposed a series of reforms to improve government support for savers accessing their retirement pot
Posted: 18/01/2022
Mastercard has been fined £31.6m by the Payment System Regulator (PSR) for infringing competition law
Posted: 18/01/2022
Specialist short-term lender, Fiduciam, has secured £400m of new funding to be deployed in 2022
Posted: 18/01/2022
Tenet Compliance Services (TCS) has introduced a financial vulnerability identification and reporting solution from fintech firm, Comentis, to strengthen its support for directly authorised advisers
Posted: 18/01/2022
MPowered Mortgages has announced changes to its product range with rate reductions across several of its two and five-year fixed rate products
Posted: 17/01/2022
The average price of a first-time buyer home has hit a record £214,176, according to the latest Rightmove House Price Index
Posted: 17/01/2022
More than £42m was refunded in the fourth quarter of 2021 to savers who had been overtaxed on their pension freedoms withdrawals, new HMRC figures show
Posted: 17/01/2022
The fourth quarter of 2021 saw an upsurge in queries from brokers relating to expat lending, according to PRIMIS Mortgage Network
Posted: 17/01/2022
The Intermediary Mortgage Lenders Association (IMLA) has called on the government to maintain a balance between home ownership and the private rental sector in 2022
Posted: 17/01/2022
FCA actions resulted in financial firms in the UK being fined £568m over the course of 2021, the regulator has revealed
Posted: 17/01/2022
JLM Mortgage Services has become the first mortgage and protection network in the UK to offer a carbon neutral house buying process to all its purchase clients
Posted: 17/01/2022
The UK’s GDP is estimated to have grown back above above its pre-pandemic level for the first time, according to the Office for National Statistics (ONS)
Posted: 14/01/2022
New business conducted in the consumer finance sector saw a rise of 33% in November 2021 compared with the same month in 2020, new figures published by the Finance & Leasing Association (FLA) have shown
Posted: 14/01/2022
The Openwork Partnership has launched a private medical insurance (PMI) referral service with specialist PMI broker, Usay Compare
Posted: 14/01/2022
Second charge lenders have reported a total £118.4m of lending across the second charge space in December, according to the latest Secured Loan Index from Loans Warehouse
Posted: 14/01/2022
The Welsh housing market continued to grow at a faster pace than other regions in the UK during December, according to the latest e.surv Acadata House Price Index
Posted: 13/01/2022
Adults in the UK have £1trn more wealth in pensions than they do in property, figures from the Office for National Statistics have suggested
Posted: 13/01/2022
Lenders have reported that the availability of secured credit to households increased in the three months to the end of November 2021, according to the latest Credit Conditions Survey by the Bank of England (BoE)
Posted: 13/01/2022
Business owners are turning to second charge mortgages to raise capital as the Omicron variant disrupts industries across the UK, research published by Knowledge Bank has suggested
Posted: 13/01/2022
Fleet Mortgages has announced that it completed £782m of lending during the 2021, posting a pre-tax profit of £6.97m
Posted: 13/01/2022
More than one in five (22%) of current workers are planning to use the value of their home to fund their retirement following record house price increases, according to a study from Legal & General Home Finance
Posted: 13/01/2022
Suffolk Building Society has updated its holiday let mortgage criteria to consider applications from landlords who intend to market and let their properties using Airbnb
Posted: 12/01/2022
The pandemic has resulted in job volatility for around a quarter (24%) of UK workers, of which two in five (39%) saw their income decrease, according to new research published by the Mortgage Lender
Posted: 12/01/2022
Mansfield Building Society has announced new changes to its buy-to-let (BTL) mortgage range with four new products launched and a reduction to rates
Posted: 12/01/2022
UK Finance has warned small and medium sized enterprises (SMEs) across the UK to be alert for scams targeting their firms
Posted: 12/01/2022
UK households saw their financial wellbeing deteriorate in Q4 2021 at the fastest rate since the second quarter of 2020, according to findings published by Scottish Widows
Posted: 12/01/2022
Specialist buy-to-let lender, Landbay, has been certified as a carbon neutral business for offsetting its greenhouse gas emissions
Posted: 12/01/2022
The Openwork Partnership has widened its mortgage panel with the addition of four specialist residential and buy-to-let (BTL) lenders
Posted: 12/01/2022
Equity release adviser, Key, has announced a partnership with speech analytics platform, Aveni.ai, as it looks to build artificial intelligence (AI) into its offering
Posted: 11/01/2022
Bridging lender, TAB, has announced it is launching a new hot desk base for mortgage brokers
Posted: 11/01/2022
Vida Homeloans has announced it is extending its product range from 90 to 270 products
Posted: 11/01/2022
The government’s Help to Buy scheme, which will have cost around £29bn in cash terms by 2023, has pushed up house prices in England and failed to provide “value for money”, according to a report published by the House of Lords
Posted: 11/01/2022
More than half of customers with adverse credit looking to buy a property say they would speak to a broker to help them get a new mortgage, new research from Pepper Money has indicated
Posted: 11/01/2022
One Mortgage System (OMS) has become the first third-party system to integrate with Mortgage Brain’s multi-lender application and submission gateway, Submissions Brain
Posted: 11/01/2022
Twenty7Tec has announced it is integrating its CloudTwenty7 platform with specialist lender, Together
Posted: 11/01/2022
Demand from first-time buyers for mortgages remained high in October and November, according to new data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 10/01/2022
Sirius Property Finance has partnered with Miragon Investments to complete a development loan with a gross development value (GDV) of £26m
Posted: 10/01/2022
A total of £92m has been lost through dating scams in the space of a year, new Action Fraud figures have revealed
Posted: 10/01/2022
The UK mortgage market is set for a quieter 2022 after the high levels of activity seen across 2021, the Intermediary Mortgage Lenders Association (IMLA) has predicted
Posted: 10/01/2022
Anti-money laundering firm, SmartSearch, has announced the appointment of Guy Harrison as its new CEO
Posted: 10/01/2022
One in seven (15%) landlords have no knowledge of the upcoming legislative changes to the Energy Performance Certificate (EPC), according to new research from Shawbrook Bank
Posted: 10/01/2022
Impact Specialist Finance has announced that its exclusive and semi-exclusive products can now be sourced through Mortgage Brain
Posted: 10/01/2022
The private member’s bill that is seeking to outline the roadmap for the extension of auto-enrolment (AE) policy to low earners and those aged 18 and over has had a date set for its second reading
Posted: 07/01/2022
Government plans to freeze income tax thresholds will push more than 1.2 million workers’ earnings above the 40p threshold in the next four years, according to analysis by the House of Commons Library
Posted: 07/01/2022
The average price of a UK property has hit a new record high of £276,091, according to the latest Halifax House Price Index
Posted: 07/01/2022
The average cost of buy-to-let (BTL) fixed rate mortgages favoured by landlords has “barely budged” since the Bank of England (BoE) increased its base rate in December, according to research by Property Master
Posted: 07/01/2022
Nationwide has announced new rate changes on its two, three and five-year fixed rate products and two-year tracker products, applying to all LTVs across the society’s mortgage range
Posted: 06/01/2022
Landbay has announced it is refreshing its buy-to-let (BTL) mortgage range and making new changes to its green criteria
Posted: 06/01/2022
Sixty-four per cent of people in the UK are concerned about the impact that an increase in inflation will have on their personal finances, a study from Aegon has suggested
Posted: 06/01/2022
Pepper Money has been granted regulatory approval to complete its integration with Optimum Credit
Posted: 06/01/2022
Accord Mortgages has announced new changes to its buy-to-let (BTL) mortgage range, with selected rate reductions and rate increases
Posted: 06/01/2022
Standard Life Home Finance has confirmed it has joined the Equity Release Council
Posted: 06/01/2022
Commercial property finance lender, JMT Finance Ltd, has added its criteria to the Knowledge Bank platform
Posted: 06/01/2022
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies finished 2021 at £76bn, according to the latest Pensions Risk Survey by Mercer
Posted: 05/01/2022
December 2021 saw a 12% rise in mortgage searches compared to the same month a year earlier, new data gathered by Twenty7Tec has revealed
Posted: 05/01/2022
Instructions for remortgages climbed by 11% across the market in November, according to new data published by LMS
Posted: 05/01/2022
Expanding automatic enrolment to young and low earners could boost pension savings by £2.8trn, according to a new report
Posted: 05/01/2022
A majority 59% of the buy-to-let (BTL) community say they would prefer not to be called landlords, arguing that the term is “dated”, according to a new study
Posted: 05/01/2022
Parents with more wealth to pass on are more likely to split their assets unequally between their children, new research by Netwealth has suggested
Posted: 05/01/2022
Phoebus Software Limited and Lendco have signed a new four-year contract in a move that will see the specialist lender onboard all new mortgage completions onto the latest Phoebus digital account servicing platform
Posted: 05/01/2022
Recognise Bank has announced the completion of a £2.3m bridging loan deal on an eco-housing development in Cambridgeshire
Posted: 04/01/2022
The number of first-time buyers is estimated to have gone past the 400,000 mark for the first time since the financial crisis, according to new analysis from Yorkshire Building Society
Posted: 04/01/2022
There are a number of reasons as to why you may wish to settle assets in trust, but one of the most prominent is to protect family wealth and to look after the long term interests of family members
Posted: 04/01/2022
Net borrowing of mortgage debt by individuals across the UK climbed to £3.7bn in November, up from £1.1bn in October, new Bank of England (BoE) figures have revealed
Posted: 04/01/2022
HMRC has recovered more than £1bn from the proceeds of crime since the formation of its specialist fraud squad five years ago
Posted: 04/01/2022
Legal & General Mortgage Club has announced the addition of Generation Home to its lender panel
Posted: 04/01/2022
A majority 67% of current or aspiring homeowners would consider a lower mortgage rate based on their property’s Energy Performance Certificate (EPC) rating, a new study has found
Posted: 04/01/2022
As a turbulent 2021 draws to a close, we count down the 10 most visited news stories on MoneyAge over the last 12 months
Posted: 17/12/2021
Over half (53%) of brokers are confident they could clearly explain the characteristics of vulnerability and identify vulnerable customers, a new study by TMA Club has suggested
Posted: 17/12/2021
Legal & General Mortgage Club has launched an exclusive holiday let product with Harpenden Building Society
Posted: 17/12/2021
The FCA has fined HSBC £63.9m for failings in its anti-money laundering (AML) processes
Posted: 17/12/2021
Broker satisfaction with the time that mortgage lenders are taking to process applications through to offer has increased for a second consecutive time to sit at 74.2%, new research has indicated
Posted: 17/12/2021
Cambridge Building Society has been added to PRIMIS Mortgage Network’s lender panel
Posted: 16/12/2021
More than half (57%) of adults aged between 18 and 50 have now used Buy Now, Pay Later (BNPL) schemes, new research by OpenMoney has found
Posted: 16/12/2021
The Bank of England (BoE) has announced it is increasing its base interest rate to 0.25%
Posted: 16/12/2021
The government has confirmed that the Work and Pensions Committee is to examine saving for later life and what more needs to be done to help people plan for their retirement
Posted: 16/12/2021
Four out of five (80%) consumers are still confusing a mortgage valuation with a survey, according to new research from Countrywide Surveying Services
Posted: 16/12/2021
Independent Wealth Planners (IWP) has announced the acquisition of Throgmorton Wealth Management
Posted: 16/12/2021
Foundation Home Loans has introduced a range of new buy-to-let (BTL) products at 85% LTV for the first time
Posted: 16/12/2021
Borrowers could save over £5,000 on their mortgage payments by switching to a new fixed rate two-year offer, analysis by Experian and L&C Mortgages has indicated
Posted: 15/12/2021
Saffron for Intermediaries has announced it is joining the PRIMIS Mortgage Network lender panel
Posted: 15/12/2021
Inflation surged by 5.1% in the 12 months to November to reach its highest rate since 2011, new figures published by the Office for National Statistics (ONS) have revealed
Posted: 15/12/2021
Lending in the second charge loan space climbed to £137.8m for November, according to the latest Secured Loan Index published by Loans Warehouse
Posted: 15/12/2021
Residential property in London makes up around half the value (49%) of all estates facing inheritance tax (IHT), a Freedom of Information (FOI) request by Just Group has found
Posted: 15/12/2021
Annual house price inflation in the UK slowed to 10.2% over the year to October, according to the latest UK House Price Index from the Office for National Statistics (ONS)
Posted: 15/12/2021
Almost one in five (18%) people who have experienced some form of adverse credit in the last three years are intending to purchase a property in the next 12 months, new research has indicated
Posted: 15/12/2021
Foundation Home Loans has enhanced its owner-occupied proposition further by adding new 90% LTV fee-assisted fixed rates
Posted: 14/12/2021
The majority of people (53%) think older family members should offer financial assistance to help their­ children or grandchildren buy their first home if they can, new research has found
Posted: 14/12/2021
Purchase activity across the buy-to-let (BTL) sector has increased to £18bn this year, according to new UK Finance figures
Posted: 14/12/2021
The outstanding value of all residential mortgage loans in the UK was £1,601.2bn at the end of the third quarter, a figure 4.9% higher than a year ago, new Bank of England (BoE) figures have revealed
Posted: 14/12/2021
Millions of people in the UK are being put off accessing credit products because they fear a rejected application could harm their chances of a loan in the future, new analysis from Freedom Finance has indicated
Posted: 14/12/2021
NatWest has been fined £264.8m by the FCA for failing to comply with money laundering regulations
Posted: 14/12/2021
BuildLoan has launched two new self and custom build products with Furness Building Society to support self builders in the society’s North West England heartland area
Posted: 14/12/2021
United Trust Bank (UTB) has announced the successful integration of Hometrack automated valuation model (AVM) searches from within its bridging broker portal
Posted: 13/12/2021
First-time buyers across the UK are struggling to secure a mortgage as the conditions created by the COVID-19 pandemic continue to cause issues
Posted: 13/12/2021
New business conducted across the consumer finance space grew by 11% in October compared with the same month in 2020, figures from the Finance & Leasing Association (FLA) have revealed
Posted: 13/12/2021
James Bradley, Director of Sales and Business Development for DivideBuy, discusses the rise of Buy Now Pay Later
Posted: 13/12/2021
Specialist lender, Together, has reported a rise in second charge loans as homeowners make house improvements for 2022
Posted: 13/12/2021
The Department for Work and Pensions (DWP) has launched a new £510m fund to target fraudsters lying about their benefit claims
Posted: 13/12/2021
Anti-money laundering firm SmartSearch has announced a new partnership with Alto, the cloud-based property software for agents which is part of Zoopla
Posted: 13/12/2021
Homeowners across the UK are concerned about the current challenges the housing market is facing, with only one in five believing there are enough affordable homes in their area, new research has found
Posted: 10/12/2021
Mortgage platform Smartr365 has announced that it is implementing Experian’s open banking powered technology
Posted: 10/12/2021
Twenty7Tec has announced that it has integrated its CloudTwenty7 platform with Pepper Money
Posted: 10/12/2021
The Intermediary Mortgage Lenders Association (IMLA) has announced the election of a new management committee for 2022, consisting of five elected directors and four co-opted directors
Posted: 10/12/2021
Financial services institutions are ideally positioned to provide valuable support to the UN’s Sustainable Development Goals (SDGs) through improved use of technology, according to research conducted by Ignition
Posted: 08/12/2021
Legal & General Mortgage Club has announced the launch of four exclusive new products with Atom bank
Posted: 08/12/2021
Zephyr Homeloans has unveiled several new products as part of a range redesign aimed at supporting greater energy efficiency in the UK private rental sector
Posted: 08/12/2021
Aegon has warned savers with large amounts of money sitting in cash not to be “lulled into a false sense of security” if interest rates creep up, because of the threat of higher inflation throughout 2022
Posted: 08/12/2021
Three quarters (75%) of advisers feel it is important for family members to be involved in the equity release process, new research from more2life has suggested
Posted: 08/12/2021
Twenty7Tec has announced an integration with Leeds Building Society following a successful pilot phase
Posted: 08/12/2021
Paradigm Mortgage Services has announced the addition of Harpenden Building Society to its lender panel
Posted: 08/12/2021
The FCA has announced new plans to ensure a more consistent standard of consumer protection for users of financial services and help to stop harm before it happens
Posted: 07/12/2021
Around ninety-six per cent of brokers are expecting to write more limited company business in 2022, according to a new study from CHL Mortgages
Posted: 07/12/2021
More than 11.6 million adults will maintain the extra savings they built up during the COVID-19, new findings from The Openwork Partnership have indicated
Posted: 07/12/2021
Twenty7Tec has announced a new integration with estate agency and property services provider, Connells Group
Posted: 07/12/2021
The average UK property price hit a new record high of £272,992 in November, according to the latest Halifax House Price Index
Posted: 07/12/2021
The pandemic has driven a rise in customers looking for bridging products, according to new research from Masthaven Bank
Posted: 07/12/2021
United Trust Bank (UTB) has announced the launch of a new range of mortgage products, designed to help mortgage prisoners escape their higher interest rate deals
Posted: 07/12/2021
Over one million workers in the UK (6%) believe that they will never retire, according to a new study carried out by Canada Life
Posted: 06/12/2021
The FCA is discussing new plans to improve the the financial services compensation framework
Posted: 06/12/2021
Kensington Mortgages and Proportunity have announced a new partnership that will see the pair work together to help first-time buyers to get onto the housing ladder
Posted: 06/12/2021
Spending patterns among consumers continued to recover in the third quarter but still remain below pre-COVID trends, according to UK Finance’s latest Household Finance Review
Posted: 06/12/2021
A lender that is soon to launch Help to Buy style mortgages for first-time buyers, Even, has become the latest associate member to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 06/12/2021
MPowered Mortgages has confirmed it is joining The Right Mortgage and Protection Network’s lender panel
Posted: 06/12/2021
Pure Retirement CEO, Paul Carter, discusses how the equity release sector weather the storm of challenges presented by the last couple of years
Posted: 06/12/2021
Over half (58%) of pre-retirement pension holders with two or more pots are keen to consolidate their pension accounts, according to research from Boring Money
Posted: 03/12/2021
The FCA is proposing changes to the Appointed Representatives (AR) regime to reduce potential harm to consumers and markets
Posted: 03/12/2021
New rule changes in an attempt to boost growth in the UK stock markets have been confirmed today by the FCA
Posted: 02/12/2021
A total of 10,824 properties were bought with a Help to Buy equity loan between April and June, new government figures have revealed
Posted: 02/12/2021
The average monthly number of property sales completing across the UK is still 15.4% lower in comparison to pre-pandemic performance levels
Posted: 02/12/2021
Suffolk Building Society has partnered with Mortgage Brain to develop a new affordability calculator
Posted: 02/12/2021
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies climbed by £10bn over the course of November
Posted: 02/12/2021
The Treasury has issued a letter to the Office of Tax Simplification (OTS) outlining that it won’t be reforming inheritance tax (IHT) along the lines of its recommendations
Posted: 01/12/2021
Around a fifth (19%) of SME leaders are worried that their employees’ productivity has fallen over the past 18 months, new research from Canada Life has suggested
Posted: 01/12/2021
Annual house price growth saw a slight increase in November to 10.0%, according to the latest Nationwide House Price Index
Posted: 01/12/2021
The founder and former CEO of mortgage broker Dynamo, Ying Tan, has today acquired a significant stake in Knowledge Bank
Posted: 01/12/2021
Broker platform One Mortgage System (OMS) and mortgage advisory firm UK Moneyman have announced a new partnership
Posted: 01/12/2021
The 100 most active conveyancing firms across England and Wales collectively registered almost 80,000 completed transactions in the third quarter this year, new figures have revealed
Posted: 30/11/2021
First-time buyers need to raise an extra £22,849 to buy their first home because of the ongoing impact of the pandemic, new research has found
Posted: 30/11/2021
New measures to protect pension savers from scam transfers have come into force today, the government has confirmed
Posted: 30/11/2021
Utmost Group has completed its acquisition of Quilter International which will become a part of Utmost International, the international life assurance business of the group
Posted: 30/11/2021
Brokers are optimistic about the future of the advised mortgage market, despite the pandemic testing the industry’s resilience, a study by Accord Mortgages has suggested
Posted: 30/11/2021
Mortgage Broker Tools (MBT) has announced a new integration with Metro Bank
Posted: 30/11/2021
Instructions carried out in the remortgage market saw an increase of 35% in October, new research published by LMS has revealed
Posted: 30/11/2021
Around 47,000 borrowers in the UK are “mortgage prisoners”, according to a new review conducted by the FCA
Posted: 29/11/2021
A total 44,130 later life mortgages were taken out in the third quarter, representing a 7% decrease in mortgage volumes compared with Q2, new figures from UK Finance have shown
Posted: 29/11/2021
AJ Bell has announced it is launching a new app-only investment platform for retail investors
Posted: 29/11/2021
Foundation Home Loans has announced it is cutting rates to both its two and five-year fixed rates at higher LTVs
Posted: 29/11/2021
British Business Investments (BBI) has announced a £7m commitment to FOLK2FOLK, a specialist lender for rural and regional smaller businesses
Posted: 29/11/2021
Net borrowing of mortgage debt by individuals across the UK slipped to £1.6bn in October, new data published by the Bank of England (BoE) has revealed
Posted: 29/11/2021
The UK’s house price to earnings ratio, used to measure housing affordability, reached a record national high of 8.8 times in June this year
Posted: 29/11/2021
Target Group opens up on how it became a National Credit Awards winner
Posted: 26/11/2021
The Green Finance Institute has announced the launch of a green mortgage hub
Posted: 26/11/2021
Allica Bank has announced the signing of a new £110m Series B funding round
Posted: 26/11/2021
360 Dotnet has announced an integration with mortgage technology expert, Twenty7Tec
Posted: 26/11/2021
Independent Wealth Planners (IWP) has announced the acquisition of Premier Wealth Management
Posted: 26/11/2021
The COVID-19 pandemic has affected the retirement plans of more than half (54%) of UK adults, according to new a study by Aviva
Posted: 24/11/2021
Newcastle Intermediaries has made updates to its self and custom-build proposition by extending the availability of the range and removing reservation fees
Posted: 24/11/2021
West One Loans’ buy-to-let (BTL) division has reduced rates on its new green product range and limited edition loans as part of a range of product and criteria changes
Posted: 24/11/2021
Several trade bodies from across the financial services sector have collectively launched a new consumer guide for the later life lending industry
Posted: 24/11/2021
Homeowners in 53% of areas across England and Wales could access more than the average pension pot of £61,930 by using equity release, new research has found
Posted: 24/11/2021
Second charge lenders completed lending worth a total £123.6m in October, according to the latest Secured Loan Index published by Loans Warehouse
Posted: 24/11/2021
One Mortgage System (OMS) has completed a full application programming interface (API) integration with second charge mortgage lender, Evolution Money
Posted: 24/11/2021
The Nottingham has announced several rate reductions set to benefit brokers with first-time buyer and smaller deposit clients, as well as landlords
Posted: 23/11/2021
The average homebuyer in England is now £37,156 worse off as a result of the stamp duty holiday, according to new analysis carried out by GetAgent
Posted: 23/11/2021
Buzz Capital has been announced as the latest lender to join the Association of Short-Term Lenders (ASTL)
Posted: 23/11/2021
UK Finance has outlined new recommendations for the future strategy of open banking payments
Posted: 23/11/2021
October saw a 48.4% fall in residential property transactions from September, according to new figures published by HMRC
Posted: 23/11/2021
finova Payment & Mortgage Services has announced the addition of BuildLoan to its panel
Posted: 23/11/2021
Sixty-four per cent of equity release customers consult their family before moving ahead with accessing the wealth in their property, according to new research carried out by Key
Posted: 23/11/2021
Accord Mortgages has announced it is to make new changes to its buy-to-let (BTL) criteria to provide more support to landlords
Posted: 22/11/2021
The house building industry led mortgage scheme, Deposit Unlock, has launched across the UK today
Posted: 22/11/2021
Recognise Bank has announced the completion of a £5m professional buy-to-let (PBTL) refinance deal on a large portfolio of properties
Posted: 22/11/2021
Gross lending by building societies climbed by 22% in the third quarter compared to the same period in 2020, new figures published by the Building Societies Association (BSA) have revealed
Posted: 22/11/2021
More than two in five (43%) independent financial advisers (IFAs) in the UK believe that the biggest barrier to recommending ESG investment options is their clients’ lack of familiarity with the concept, a new study by Foresight Group has found
Posted: 22/11/2021
Selina Finance has announced it is increasing its maximum LTV to 85% on its range of second charge mortgages
Posted: 22/11/2021
Kensington Mortgages has launched a new long-term fixed rate mortgage which offers terms up to 40 years
Posted: 22/11/2021
Regulated businesses in the financial services sector are wasting hours by processing physical documents for ID checks, according to new research from SmartSearch
Posted: 19/11/2021
The total number of tax receipts for stamp duty between April and October was £4.1bn higher compared to the same period last year, new HMRC figures have confirmed
Posted: 19/11/2021
Receipts for inheritance tax (IHT) received by HMRC between April and October 2021 totalled £3.6bn, new figures have revealed
Posted: 19/11/2021
Air Club has launched a new online support system that provides enhanced support for financial advisers
Posted: 19/11/2021
Wayhome has announced changes to its offering that could give aspiring first-time buyers the chance to buy a property worth up to 10 times their gross household income
Posted: 18/11/2021
The value of transactions taking place via Buy Now Pay Later (BNPL) platforms has climbed 65% during the pandemic, hitting £6.4bn in 2020 alone, new figures have revealed
Posted: 18/11/2021
Loughborough Building Society has confirmed it is extending its buy-to-let (BTL) criteria to include first-time buyers
Posted: 18/11/2021
Twenty7Tec has announced that wealth manager and private bank, Coutts, has added its mortgage product range to the Twenty7Tec SOURCE module
Posted: 18/11/2021
The bridging market delivered “strong growth” in the third quarter of 2021, according to the Association of Short-Term Lenders (ASTL)
Posted: 18/11/2021
Pepper Money has closed its largest second charge securitisation to date, the lender has confirmed
Posted: 18/11/2021
Borrowers who have an element of variable income are being offered an average maximum loan size 19% lower than the overall market average, new analysis has revealed
Posted: 18/11/2021
The FCA has proposed banning debt packager firms from being paid to refer customers on to other firms
Posted: 17/11/2021
Recognise Bank has entered the buy-to-let (BTL) market with a new product designed for professional landlords and investors with portfolios of at least four properties
Posted: 17/11/2021
Annual UK house price growth accelerated to 11.8% in September, a figure up from 10.2% in August, according to new data from the Office for National Statistics (ONS)
Posted: 17/11/2021
Only 7% of people currently have an income protection product in place, a new report from the Association of Mortgage Intermediaries (AMI) has revealed
Posted: 17/11/2021
The level of fraud in the benefit system has almost doubled during the pandemic from what was already the highest rate since records began, new figures have revealed
Posted: 17/11/2021
Aspiring first-time buyers are facing a “harsh reality” with the amount of time it may take them to get onto the housing ladder, according to new research published by Yorkshire Building Society
Posted: 17/11/2021
Just 55% of UK adults would split their wealth equally among their children, according to a new study carried out by Charles Stanley
Posted: 17/11/2021
Stonebridge has reported that its Check, Action & Resolve (CAR) system has surpassed over 800,000 checks across 21,000 mortgage transactions in the first six months of the service
Posted: 16/11/2021
The government has announced proposals that would let families seeking access to small funds belonging to loved ones who lack mental capacity to benefit from a new streamlined process
Posted: 16/11/2021
finova has announced a new partnership with specialist lender, Quantum Mortgages
Posted: 16/11/2021
Proposals made in the House of Lords to retain the state pension triple-lock have been rejected by the House of Commons
Posted: 16/11/2021
October saw brokers working with a significant number of borrowers who have recently started a new role, according to new analysis by Knowledge Bank
Posted: 16/11/2021
Using a specialist solicitor for equity release applications can save consumers between 15 and 20 working days on average, compared to employing a non-panel high street firm
Posted: 16/11/2021
TMA Club has added Cambridge Building Society to its lender panel to strengthen the options available for its directly authorised (DA) brokers
Posted: 16/11/2021
Just Mortgages has announced that it has surpassed the milestone of 400 self-employed brokers
Posted: 15/11/2021
Specialist bridge financing fund, Whitehall Capital Management, has completed a £6.5m bridging loan on a development project in South London
Posted: 15/11/2021
Around one third of people would rely on their partner’s pension in retirement, according to a survey from Hargreaves Lansdown
Posted: 15/11/2021
Annual house price growth in Scotland accelerated to 13.2% in September, according to the latest Walker Fraser Steele Acadata House Price Index (Scotland)
Posted: 15/11/2021
Kensington Mortgages has announced it has successfully priced a £452m of mortgage-backed securities transaction, Finsbury Square 2021-2, in the wholesale financial markets
Posted: 15/11/2021
The number of people moving home in the first half of 2021 has more than doubled compared to the same period last year, new figures from Halifax have revealed
Posted: 15/11/2021
The Treasury and the Bank of England (BoE) have announced they are to explore the possibility of a UK central bank digital currency
Posted: 12/11/2021
The FCA has fined Sunrise Brokers £642,400 for serious financial crime control failings in relation to cum-ex trading
Posted: 12/11/2021
Independent Wealth Planners (IWP) has announced the acquisitions of financial advisers Alex M Grant and Custodian Wealth Management
Posted: 12/11/2021
Mortgage Brain has announced that intermediaries using its submissions gateway can now request decisions in principle (DIPs) from Leeds Building Society, following a successful pilot phase
Posted: 12/11/2021
Air Group has announced a new partnership with wealth management group, St. James’s Place (SJP)
Posted: 12/11/2021
The Financial Services Compensation Scheme (FSCS) has announced that its total levy for the 2021/22 financial year is now £717m
Posted: 11/11/2021
Mortgage arrears continued to fall towards historic lows in the third quarter, with government support for household incomes through the Coronavirus Job Retention Scheme (CJRS) remaining in place until the end of September
Posted: 11/11/2021
MPowered Mortgages has announced the launch of a new range of limited edition products, including five-year fixed rate products with reduced rates
Posted: 11/11/2021
The equity release market is on track to surpass the £4bn mark in total equity unlocked this year, according to new data published by Key
Posted: 11/11/2021
Thorough research is even more important for investors’ holiday lets and houses in multiple occupation (HMOs), findings from Mortgage Broker Tools (MBT) have suggested
Posted: 11/11/2021
Mortgage advisers processed more cases in the third quarter than any other since 2015, according to a new report from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 11/11/2021
The Financial Intermediary & Broker Association (FIBA) and Association of Short Term Mortgage Lenders (ASTL) have proposed the launch of an education programme for the commercial property finance industry
Posted: 11/11/2021
Eighty-seven per cent of financial advisers would say they need to “re-engage” and become more involved in the later life lending market over the next two to three years, research from Air Mortgage Club has found
Posted: 10/11/2021
Almost three in 10 (28%) regulated firms in the financial services, legal and property sectors believe that analysing hard copies of documents is the most reliable method for identifying fraud, new research has found
Posted: 10/11/2021
The average house price across England and Wales climbed by 1.4% in October, according to the latest e.surv Acadata House Price Index
Posted: 10/11/2021
Metro Bank has been added to the lending panel of finova Payment & Mortgage Services
Posted: 10/11/2021
The rise in popularity for cryptocurrencies may have affected young people’s perceptions of investment risk, with many expecting higher investment returns than older generations, a new study has found
Posted: 10/11/2021
An estimated £740.5bn of equity was available to UK homeowners over the age of 55 during the third quarter, new analysis from Canada Life has revealed
Posted: 10/11/2021
Twenty7Tec has announced that it has completed an integration with Leeds Building Society
Posted: 10/11/2021
finova has announced the rebrand of MCI Mortgage Club to finova Payment and Mortgage Services
Posted: 09/11/2021
Specialist Hub has announced it has been appointed to Fleet Mortgages’ packager panel
Posted: 09/11/2021
BuildLoan has announced the launch of eight new products for self and custom builders funded by the Furness Building Society
Posted: 09/11/2021
Open banking and open finance data platform, Moneyhub, has announced a new partnership with financial health platform, Otto, to enable employee wellbeing benefits
Posted: 09/11/2021
Business relief (BR) is rising in popularity as a way for advisers to mitigate inheritance tax (IHT) for their clients, according to new research
Posted: 09/11/2021
Ipswich Building Society has completed its rebrand and will now be known as Suffolk Building Society
Posted: 09/11/2021
Brilliant Solutions has announced the addition of West One Loans’s buy-to-let (BTL) division to its direct to lender panel
Posted: 09/11/2021
Buckinghamshire Building Society has announced the launch of an enhanced application process that makes submitting a decision in principle (DIP) and application more simple for brokers
Posted: 08/11/2021
New measures to protect pension savers and help stop scam transfers have now become law, the government has announced
Posted: 08/11/2021
Just Mortgages has announced the launch of new digital marketing packages that can support brokers in generating leads
Posted: 08/11/2021
Under-25s are more likely to turn to social media for financial advice than pay a professional adviser, according to new research published by OpenMoney
Posted: 08/11/2021
Almost one in five (17%) landlords have made efforts to improve the energy efficiency of their property in the last year, a new study by Shawbrook Bank has revealed
Posted: 08/11/2021
The F4B Network has announced the addition of Landbay to its lending panel, providing the network’s members with access to Landbay’s buy-to-let (BTL) proposition
Posted: 08/11/2021
Hampshire Trust Bank (HTB) has become the latest member to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 08/11/2021
more2life has announced that it now has more than £5bn of loans under management
Posted: 05/11/2021
New business conducted in the consumer finance sector grew by 1% in September compared with the same month in 2020
Posted: 05/11/2021
The average UK house price has surpassed £270,000 for the first time, according to the latest Halifax House Price Index
Posted: 05/11/2021
Around two in three landlords (64%) have reported little impact on their business in Q3 as a result of COVID-19, according to new findings from Foundation Home Loans
Posted: 05/11/2021
The affordable advice gap, where people are willing to pay for financial advice but think it is too expensive, is currently at a record level, new research has found
Posted: 05/11/2021
Nationwide has announced it is increasing rates across its two, three and five-year fixed rate products up to 80% LTV by up to 0.35%
Posted: 04/11/2021
October was the second busiest month for total mortgage searches in the past year, according to new data published by Twenty7Tec
Posted: 04/11/2021
The Bank of England (BoE) has announced it is to keep the base interest rate at 0.1%
Posted: 04/11/2021
Around seven in 10 people (69%) have used some form of credit to pay for one or more insurance policies over the past year, new research from Premium Credit has found
Posted: 04/11/2021
The FCA has launched a new strategy to help investors make more informed ESG investment decisions
Posted: 04/11/2021
September saw an increase in broker queries concerning holiday lets, according to PRIMIS Mortgage Network
Posted: 04/11/2021
Fintech provider, finova, has announced it is rebranding eKeeper and Burrow to the finova Broker Platform
Posted: 04/11/2021
Instructions for remortgages saw a 50% increase in September, according to new data published by LMS
Posted: 03/11/2021
Fleet Mortgages has announced it is returning to 80% LTV lending across its standard and limited company buy-to-let (BTL) ranges
Posted: 03/11/2021
Harpenden Building Society has partnered with Tenet Mortgage Solutions to introduce a range of exclusive discount mortgage products to long serving or senior police officers
Posted: 03/11/2021
The House of Lords has voted 220 to 178 in favour of retaining the state pension triple-lock next year
Posted: 03/11/2021
The average UK house price has risen by more then £30,000 since the start of the pandemic in March 2020, according to the latest Nationwide House Price Index
Posted: 03/11/2021
Over-55s are increasingly supportive of giving ‘pre-inheritances’ to family as financial support is “more useful when relatives are younger”, new research from Key has suggested
Posted: 03/11/2021
Over three quarters (76%) of financial advisers believe consumers have a limited understanding of the later life market, new research from Air Mortgage Club has indicated
Posted: 03/11/2021
BuildLoan has announced a new range of self and custom build mortgage products in conjunction with Bath Building Society
Posted: 02/11/2021
Borrowers could save over £5,000 on their mortgage payments by switching to a new fixed rate two-year offer, according to new analysis by Experian and L&C Mortgages
Posted: 02/11/2021
The accounting deficit of defined benefit (DB) pension schemes and other post-retirement benefit plans for the UK’s 350 largest listed companies climbed by £6bn over the course of October
Posted: 02/11/2021
Almost two-thirds of self-employed individuals believe it is more difficult for them to secure a mortgage, new research from Foundation Home Loans has found
Posted: 02/11/2021
Using equity release to pay off an existing mortgage continues to be the most popular use of funds among customers with 46% of loans used for this purpose, new Canada Life research has revealed
Posted: 02/11/2021
Ninety-four per cent of brokers are yet to ‘sell’ a green mortgage product, according to research by Countrywide Surveying Services (CSS)
Posted: 02/11/2021
Financial firms are stepping up to join the Mortgage Industry Mental Health Charter (MIMHC), following the recent launch of the new non-profit organisation
Posted: 02/11/2021
Aspen Bridging has completed a £2.73m bridge on its ‘No Valuation’ product for an applicant wanting to redeem a development loan and refurbish additional properties
Posted: 01/11/2021
London rents are forecast to increase by 5.5% in 2022 with current market values to breach pre-pandemic levels, new analysis by Benham and Reeves has found
Posted: 01/11/2021
A significant proportion of young people are prepared to turn away from traditional pensions to invest in cryptocurrency, stocks and shares ISAs or other investments instead, a new study has found
Posted: 01/11/2021
Anti-money laundering (AML) specialist, SmartSearch, has enhanced its international business reports service by adding 97 new countries to its online platform
Posted: 01/11/2021
The government’s £1.8bn investment to deliver 160,000 new homes on 15 hectares of currently dormant land has been labelled “insignificant” by Sirius Property Finance
Posted: 01/11/2021
Digital financial advice service, OpenMoney, has announced a new partnership with The Co-op Credit Union (CCU) to provide services to its membership
Posted: 01/11/2021
Paradigm Mortgage Services has announced the addition of Clydesdale Bank to its lender panel
Posted: 01/11/2021
Paragon Bank has launched its Triple Access ISA account, which is paying a rate of 0.65% AER variable
Posted: 29/10/2021
HMRC repaid £44,659,174 in overpaid tax on flexible pension withdrawals in Q3 2021, with an average reclaim of £3,352, the government’s latest Pension Schemes Newsletter has revealed
Posted: 29/10/2021
Individuals borrowed £39.5bn of mortgage debt on net in September 2021, the highest since June 2021, new figures published by the Bank of England (BoE) have revealed
Posted: 29/10/2021
Accord Mortgages is updating its criteria this week to better support residential interest only borrowers who are already retired or whose mortgage term would take them into retirement
Posted: 28/10/2021
The government has announced plans to introduce a top-up system for low earners in net-pay arrangements from 2024-25 in an effort to “broadly equalise outcomes for all lower earning pension savers”
Posted: 28/10/2021
British mortgage owners face the biggest hike in interest payments since the financial crisis, according to the Liberal Democrats
Posted: 28/10/2021
Hodge, the intermediary only lender, has reduced rates on its RIO and 50+ mortgage products
Posted: 28/10/2021
The Chancellor of the Exchequer Rishi Sunak is expected to raise £2.04bn from freezing or maintaining IHT thresholds, the Lifetime Allowance and Capital Gains Tax by 2025/26
Posted: 27/10/2021
Saffron Building Society has announced new products aimed at those looking to remortgage, providing a variety to appeal to a wider selection of applicants
Posted: 27/10/2021
The government has confirmed that it will consult on further changes to the regulatory charge cap for pension schemes in an effort to unlock institutional investment to drive innovation
Posted: 27/10/2021
The UK’s economic recovery is expected to be quicker than originally forecast, with the OBR predicting it will return to pre-COVID-19 levels at the turn of the year
Posted: 27/10/2021
The Financial Conduct Authority (FCA) has finalised the rules for its Long-term Asset Fund (LTAF) framework in an effort to encourage greater investment in long-term illiquid assets and generate better returns for pension savers
Posted: 26/10/2021
UK saving balances have reached record highs, despite the fixed rate market share continuing to shrink, CACI data analysed by Paragon Bank has revealed
Posted: 26/10/2021
Despite ongoing consumer concerns that only borrowers with straightforward incomes and perfect credit histories can access mortgage lending, latest research published today from the Intermediary Mortgage Lenders Association (IMLA), has found that a significant majority of mortgage lenders will lend to applicants with non-standard financial circumstances
Posted: 26/10/2021
An estimated eight million Brits have significant outstanding balances with buy-now, pay-later companies, as consumers continue to be drawn in by unregulated, interest-free borrowing, new research by Credit Karma has revealed
Posted: 26/10/2021
HSBC’s profits rose by 74% in Q3 due to economic stability
Posted: 25/10/2021
UK savers have poured cash into rainy day accounts with nearly half (48%) sitting on enough money to support themselves for at least six months, and 29% having saved enough to last more than a year, research from Investec has revealed
Posted: 25/10/2021
Fleet Mortgages has launched its first full buy-to-let product range funded by its new parent, Starling Bank
Posted: 25/10/2021
Homeowners are set to access more than £4bn of property wealth this year via equity release for the first time on record, new figures published by the Equity Release Council have revealed
Posted: 25/10/2021
Atom Bank has completed its fourth residential mortgage-backed securitisation (RMBS) valued at £367m
Posted: 22/10/2021
The winners of the National Credit Awards 2021 were announced last night at a gala ceremony in London
Posted: 22/10/2021
Leeds Building Society has become the latest lender to go live on Mortgage Brain’s multi-lender application and submission gateway, Submissions Brain
Posted: 21/10/2021
September saw the number of residential property transactions in the UK climb by 59.7% from August’s total, according to figures published by HMRC
Posted: 21/10/2021
Receipts for inheritance tax (IHT) between April and September this year totalled £3.1bn, new HMRC figures have revealed
Posted: 21/10/2021
Legal & General Mortgage Club has announced a new product launch with Melton Building Society
Posted: 21/10/2021
One Mortgage System (OMS) has completed a full application programming interface (API) integration with West One Loans for its second charge business
Posted: 21/10/2021
The average UK house price increased by 10.6% over the year to August, a figure up from 8.5% annual growth in July, new figures from the Office for National Statistics (ONS) have revealed
Posted: 20/10/2021
The UK state pension is set to increase by 3.1% in 2022/23, in line with September’s Consumer Prices Index (CPI) inflation figure published today by the Office for National Statistics (ONS)
Posted: 20/10/2021
Mortgage affordability hit a 2021 high in September, with the average maximum loan size available up by nearly 10% compared to the start of the year, new findings from Mortgage Broker Tools (MBT) have revealed
Posted: 20/10/2021
Over-65s have seen their property wealth increase by more than £800 a month in the past six months, according to new research from Key
Posted: 20/10/2021
LiveMore Capital has announced a new partnership with specialist broker group, Blueberry Specialist Lending
Posted: 20/10/2021
Cambridge Building Society has relaunched its buy-to-let (BTL) ‘top slicing’ proposition, enabling landlords to top up rental shortfall from other earnings
Posted: 19/10/2021
More than one in 10 people (12%) over the age of 75, a figure equating to around 695,000 people, have not yet made a will, new research has found
Posted: 19/10/2021
A change to inheritance tax (IHT) treatment of pensions is topping the list of concerns among pension investors ahead of the Chancellor’s Autumn Budget next week
Posted: 19/10/2021
There are currently around 900 lenders in the UK covering an array of finance options, according to research by Pitch 4 Finance
Posted: 19/10/2021
Hinckley & Rugby Building Society has become the first regional society to go live on Mortgage Brain’s multi-lender application and submission gateway, Submissions Brain
Posted: 19/10/2021
Paradigm Mortgage Services has added Dudley Building Society to its lender panel
Posted: 19/10/2021
Independent Wealth Planners (IWP) has announced the acquisition of financial planning firm, Acuity Wealth Management (AWM)
Posted: 18/10/2021
One in ten (10%) UK parents over 55 are no longer planning to pass on wealth to their children after realising how much their cost of care in the future could be, new research from Killik & Co has found
Posted: 18/10/2021
The Mortgage Awards 2022 are now open to entries from mortgage lenders and providers serving clients in the UK
Posted: 18/10/2021
TMA Club has announced two exclusive holiday let products from West One for its directly authorised (DA) brokers
Posted: 18/10/2021
MPowered Mortgages has announced that it has joined the Abacus Funding lender panel
Posted: 18/10/2021
BuildLoan has announced the launch of two new self-build mortgage products in conjunction with Buckinghamshire Building Society
Posted: 18/10/2021
The national roll-out of the new £100 spending limit for contactless card payments will begin across the UK today
Posted: 15/10/2021
Demand for capital raising mortgage options remained high through August and September, according to new data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 15/10/2021
The Conveyancing Association has announced the appointment of SDLT Compass as a new affiliate member
Posted: 15/10/2021
Foundation Home Loans has announced the launch of a set of new green fixed rate products for both buy-to-let (BTL) and owner-occupied mortgages
Posted: 15/10/2021
Specialist Hub has announced the launch of its packaging service to the market
Posted: 15/10/2021
Subscription loan provider, Creditspring, has launched a new credit builder product that helps members gradually improve their credit score without running the risk of incurring further debt.
Posted: 14/10/2021
KSEYE has launched a new range of hybrid buy-to-let (BTL) finance products for property investors in England and Wales
Posted: 14/10/2021
Rents on detached homes increased twice as fast as the average for all UK properties during the third quarter, according to The Deposit Protection Service (The DPS)
Posted: 14/10/2021
Lenders have reported that the availability of secured credit to households increased in the three months to the end of August, findings from the Bank of England (BoE) have revealed
Posted: 14/10/2021
Almost three-quarters (74%) of UK adults have not taken any steps to reduce their inheritance tax (IHT) liability, a new study has found
Posted: 14/10/2021
Vida has made several rate reductions to its limited edition buy-to-let (BTL) products
Posted: 14/10/2021
TMA Club has announced the addition of Mercantile Trust to its lender panel
Posted: 14/10/2021
The FCA has issued new guidance to firms across the financial services sector who are operating a remote or hybrid working model
Posted: 13/10/2021
Mansfield Building Society has announced that its criteria is returning to pre-pandemic policy
Posted: 13/10/2021
Rental yields across England and Wales saw a 0.7% rise in Q3 compared to Q2, according to new data from Fleet Mortgages
Posted: 13/10/2021
The UK GDP is estimated to have grown by 0.4% in August but still remains 0.8% below its pre-pandemic level from February 2020, new figures published by the Office for National (ONS) have revealed
Posted: 13/10/2021
Rising house prices have pushed back the time to purchase a home for first-time buyers by more than five years, according to new analysis from Wayhome
Posted: 13/10/2021
Hanley Economic Building Society has enhanced its residential mortgage range by launching a two-year 95% LTV fixed rate shared ownership mortgage and a two-year 95% LTV fixed rate mortgage
Posted: 13/10/2021
Pepper Money has announced increased LTVs, improved criteria and rate reductions across its residential mortgage range
Posted: 13/10/2021
Market Financial Solutions (MFS) has announced it is soft launching a new buy-to-let (BTL) proposition, which is being tested through a small number of brokers ahead of a wider launch in 2022
Posted: 12/10/2021
Over 80% of independent financial advisers (IFAs) have a positive view about the importance of ESG in portfolio construction, according to a new study by Foresight Group LLP
Posted: 12/10/2021
Annual house price growth across homes in England and Wales has now slowed to 3.6%, according to the latest e.surv Acadata House Price Index
Posted: 12/10/2021
More than a quarter of adults (26%) have at least one pension pot of less than £5,000, while 15% do not know if they have one or not, a new Aegon study has found
Posted: 12/10/2021
This year’s announcements of tax rises will increase the UK’s tax take to its highest sustained level in peacetime, a report from the Institute for Fiscal Studies (IFS) has highlighted, with spending to settle at 42% of national income
Posted: 12/10/2021
The cost of stamp duty has increased by 490% for the average homebuyer in the last 25 years, a new study has found
Posted: 12/10/2021
One in five landlords have used a credit card or other short-term finance product in order to fund a recent refurbishment, new research by Shawbrook Bank has revealed
Posted: 12/10/2021
South West England, the South East and London account for almost half (46%) of all equity release cases, new research published by more2life has revealed
Posted: 11/10/2021
Mortgage application volumes climbed by 17% in September this year in comparison to figures from September 2019, before the stamp duty holiday was in effect
Posted: 11/10/2021
The majority of large UK pension schemes have failed to act on climate ahead of COP26, according to research from Make My Money Matter, with 71 of 100 major schemes yet to make robust net zero commitments
Posted: 11/10/2021
Brokers are working with a significant number of self-employed borrowers with just one year’s worth of accounts, new research from Knowledge Bank has revealed
Posted: 11/10/2021
New business conducted across the consumer finance grew by 13% in August compared to the same month last year, new figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 11/10/2021
Seven businesses from the mortgage industry have joined together to launch the Mortgage Industry Mental Health Charter (MIMHC)
Posted: 11/10/2021
Vernon Building Society has added five new buy-to-let (BTL) mortgages to its existing range of landlord products
Posted: 11/10/2021
More than two in five (42%) financial advisers would say younger family members have influenced their clients towards sustainable investing, new research from Prudential has found
Posted: 08/10/2021
Over one in five (23%) people in the UK feel financially worse off than when the pandemic began, with two in three (68%) suggesting it has negatively impacted their mental health, new research has found
Posted: 08/10/2021
Pepper Money has expanded its limited edition residential product range, which is now available up to 85% LTV
Posted: 08/10/2021
The winners of the MoneyAge Awards 2021 were announced last night at a gala ceremony in London
Posted: 08/10/2021
NatWest has today entered guilty pleas to criminal charges brought by the FCA under the Money Laundering Regulations 2007 (MLR 2007)
Posted: 07/10/2021
UK house prices climbed by 1.7% in September as the stamp duty holiday drew to a close
Posted: 07/10/2021
The Nottingham has cut rates on its three retirement interest-only (RIO) products
Posted: 07/10/2021
Just Group has completed a buy-out deal with the Miracle Garden Care Pension Scheme
Posted: 07/10/2021
Mortgage Broker Tools (MBT) has announced the addition of Octane Capital to the buy-to-let (BTL) panel on its MBT Affordability research platform
Posted: 07/10/2021
Scepticism surrounding greenwashing and the validity of ESG and ethical investments is on the rise among UK consumers, according to a new study by Triodos Bank UK
Posted: 06/10/2021
Darlington Building Society has announced a new fintech investment which will see the society upgrade its digital banking offering
Posted: 06/10/2021
A private renter on an average income is spending 23% of their income on the average rented home in England, according to new data published by the Office for National Statistics
Posted: 06/10/2021
Financial support consultancy, Paradigm Consulting, has announced it is expanding its ‘Agency’ proposition to assist advisory firms with their sale and acquisition transaction needs
Posted: 06/10/2021
Parents saving for their children in junior cash ISAs have missed out on up to £13.5bn in potential returns over the past decade, a new study has found
Posted: 06/10/2021
Financial advice and investment network, The Openwork Partnership, has announced the appointment of Frank Meere as its new chief operating officer
Posted: 06/10/2021
CHL Mortgages has announced a new partnership with Mortgage Intelligence
Posted: 06/10/2021
Forty-four per cent of UK investors are currently planning to expand their property portfolio in the coming year, a new study has found
Posted: 05/10/2021
Yorkshire Building Society has added its lowest ever tracker mortgage rate to its range
Posted: 05/10/2021
Twenty7Tec has suggested the mortgage market is returning to its “long-term norm”, after reporting a climb in remortgage searches across the mortgage market in September
Posted: 05/10/2021
More than half (53%) of women are planning on leaving an inheritance but a lack of financial planning means many are at risk of paying too much inheritance tax (IHT), new research has found
Posted: 05/10/2021
Buckinghamshire Building Society has expanded its portfolio of mortgage products to support borrowers with adverse and impaired credit
Posted: 05/10/2021
Brilliant Solutions has announced the addition of Selina Finance to its panel
Posted: 05/10/2021
One in three UK investors (33%) has seen the value of their portfolio fall during the pandemic, a study by Butterfield has found
Posted: 05/10/2021
Nationwide has become the first major lender to sign up to the ‘Deposit Unlock’ mortgage indemnity scheme
Posted: 04/10/2021
Halifax Intermediaries has become the latest lender to join Mortgage Brain’s new multi-lender application and submission gateway, Submissions Brain
Posted: 04/10/2021
eConveyancer has launched a new panel management partnership with specialist mortgage broker, Haysto
Posted: 04/10/2021
HUB Financial Solutions has signed an equity release referral partnership with financial adviser support group, Tenet
Posted: 04/10/2021
Stamp duty Land Tax (SDLT) receipts have fallen by 25% between the 2019/20 and 2020/21 tax years, new HMRC figures have revealed
Posted: 01/10/2021
Legal & General Mortgage Club has announced it is to offer an API-driven WordPress integration to mortgage advice firms
Posted: 01/10/2021
The cost of pensions tax relief increased by £4.4bn to £41.3bn between 2017/18 and 2019/20, figures from HMRC have revealed
Posted: 01/10/2021
360 Dotnet has introduced identity verification and anti-money laundering (AML) checks to its 360 Lifecycle system through a new partnership with digital identity expert, GBG
Posted: 01/10/2021
Foundation Home Loans has launched new buy-to-let (BTL) limited edition options with both no-fee and flat-fee options
Posted: 30/09/2021
Annual house price growth has eased back to 10.0% in September, according to the latest Nationwide House Price Index
Posted: 30/09/2021
Market Financial Solutions (MFS) has lowered rates across a range of its bridging and commercial products
Posted: 30/09/2021
Almost 500,000 homebuyers across England are set to have saved over £3bn in Stamp Duty Land Tax (SDLT) as a result of the stamp duty holiday, new analysis from GetAgent has revealed
Posted: 30/09/2021
Principality Building Society has announced a new partnership with protection specialist, Vita
Posted: 30/09/2021
The Asset Management Awards 2022 is now open for entries to firms in the institutional and retail asset management spaces
Posted: 29/09/2021
Legal & General has added a new buy-to-let (BTL) module to its SmartrFit platform
Posted: 29/09/2021
Halifax and the Bank of Scotland have been awarded a mental health accreditation for businesses by the Money and Mental Health Policy Institute
Posted: 29/09/2021
Individuals across the UK borrowed a net £5.3bn of mortgage debt in August, new figures published by the Bank of England (BoE) have revealed
Posted: 29/09/2021
The ‘Bank of Gran and Grandad’ has gifted more than £437.3m during the stamp duty holiday, new research published by Key has found
Posted: 29/09/2021
MCI mortgage club has announced that the bridging and buy-to-let (BTL) divisions of West One Loans have joined its lender panel
Posted: 29/09/2021
Families in the UK could have an opportunity to reclaim thousands of pounds in inheritance tax (IHT) from falling property prices brought about by the end of the stamp duty holiday
Posted: 28/09/2021
Forty-four per cent of currently furloughed adults have borrowed or considered borrowing money on credit cards throughout the pandemic, according to a new Canada Life study
Posted: 28/09/2021
Just Mortgages has announced it is to bring 120 new brokers into the mortgage industry over the next 12 months
Posted: 28/09/2021
One in eight (12%) adults around the UK are now valuing professional financial advice more, a new study by The Openwork Partnership has found
Posted: 28/09/2021
Almost half (48%) of regulated firms in the UK have reported a rise in financial crime attempts over the past 12 months, according to new research by SmartSearch
Posted: 28/09/2021
Almost one in six people (16%) say the pandemic has convinced them to retire earlier voluntarily, a study from Key has found, with 8% saying they have been forced to stop work earlier than they intended
Posted: 27/09/2021
Homes with the highest energy ratings are worth up to £40,000 more on average compared to less sustainable properties, new research from Halifax has revealed
Posted: 27/09/2021
Paradigm Mortgage Services has announced the addition of United Trust Bank (UTB) to its lender panel
Posted: 27/09/2021
Confusion over the destiny of family wealth is currently being driven by “money taboos”, according to Netwealth
Posted: 27/09/2021
Nationwide has launched a new service to help protect its members from falling victim to authorised push payment (APP) scams
Posted: 27/09/2021
Around 2.6 million UK adults have been scammed online since the first COVID-19 lockdown in March 2020, a study by the Chartered Trading Standards Institute (CTSI) revealed
Posted: 24/09/2021
Bridging lender, KSEYE, has completed a loan worth £850,000 in less than 24 hours to enable a client to complete the purchase of a commercial property in London
Posted: 24/09/2021
West One Loans has confirmed it has been appointed to the PRIMIS Mortgage Network panel
Posted: 24/09/2021
Total mortgage capital repayments have risen by 20% year-on-year to take the total amount of debt repaid in the first half of 2021 to £38bn, a new report from the Equity Release Council has revealed
Posted: 24/09/2021
Masthaven Bank has announced that the minimum loan amount on its bridging, specialist bridging and refurbishment products has been reduced from £300,000 to £200,000
Posted: 24/09/2021
West One Loans has launched a new environmental initiative to fund sustainable projects with carbon reduction measures
Posted: 23/09/2021
Almost half (46%) of currently furloughed workers have changed their retirement plans since the government scheme was launched, new research from Canada Life has revealed
Posted: 23/09/2021
Around 1.5 million widows in the UK aged 55 and over say they have lost out on pension income in later life following the death of their partner, new research has revealed
Posted: 23/09/2021
Legal & General Mortgage Club has announced two new semi-exclusive, buy-to-let (BTL) mortgage products for its members which will be available from Landbay
Posted: 23/09/2021
The amount of time to sell a home across England increased by over two weeks during the first half of this year and in the run-up to the initial stamp duty deadline, new research from GetAgent has revealed
Posted: 23/09/2021
Recognise Bank has announced it is entering the personal savings market with the launch of a range of fixed rate and notice accounts
Posted: 23/09/2021
One Mortgage System (OMS) has announced a new integration with mortgage and protection network, JLM Mortgage Services
Posted: 23/09/2021
Two thirds of UK landlords allowed flexibility on rental payments during the pandemic, although the majority are planning to increase rents in the coming year, new research from Market Financial Solutions (MFS) has found
Posted: 22/09/2021
More than four in five adults (81%) would say the quality of the online experience determines who they bank with, according to new research into post-pandemic digital banking trends from MagiClick
Posted: 22/09/2021
A total £753.9m was stolen through fraud in the first half of 2021, an increase of 30% compared to the same period last year, according to new UK Finance figures
Posted: 22/09/2021
Around 134,000 pensioners have been underpaid more than £1bn in state pensions, a new report from the National Audit Office (NAO) has found
Posted: 22/09/2021
Lending across the second charge market totalled £95.6m in August, new figures published by Loans Warehouse have revealed
Posted: 22/09/2021
Paradigm Mortgage Services has announced the addition of Castle Trust Bank to its lender panel
Posted: 22/09/2021
Mortgage brokers are losing out on more than £35m worth of procurement fee income each year as a result of missing out on the best affordability options for their clients
Posted: 22/09/2021
Ipswich Building Society has announced its return to the shared ownership mortgage market
Posted: 21/09/2021
HMRC has confirmed it cannot tell how many individuals have paid pension contributions above the money purchase annual allowance (MPAA), and as a result had to pay an additional tax charge, according to a Freedom of Information (FOI) request from Aegon
Posted: 21/09/2021
Mortgage Business Expo (MBE) has announced that the Financial Intermediary and Broker Association (FIBA) will partner MBE London to create The Specialist Property Finance Club at its coming show
Posted: 21/09/2021
Debit and credit card transactions made up more than four in every five pounds spent in 2020, according to new data published by the British Retail Consortium (BRC)
Posted: 21/09/2021
August saw a 20.8% annual rise in the number of residential property transactions, new HMRC figures have revealed
Posted: 21/09/2021
Receipts for inheritance tax (IHT) have risen by £0.7bn year-on-year, according to new data published by HMRC
Posted: 21/09/2021
Broker queries relating to adverse credit dominated PRIMIS Mortgage Network’s product desk during August
Posted: 21/09/2021
Just Group has completed a buy-in transaction for the trustees of the Keysight Technologies UK Limited Retirement Benefits Plan
Posted: 21/09/2021
The national average price of property coming to market has reached a new all-time high after rising by 0.3% this month, new data from Rightmove has revealed
Posted: 20/09/2021
Recognise Bank has announced the removal of deposit restrictions by the Prudential Regulation Authority (PRA), making it one of only a handful of banks to receive full authorisation without restrictions since the start of the pandemic
Posted: 20/09/2021
The Right Mortgage and Protection Network has launched a new training hub for advisers
Posted: 20/09/2021
The Liberal Democrats have accused Home Secretary, Priti Patel, of being “asleep at the wheel” in the fight against fraud
Posted: 20/09/2021
Buckinghamshire Building Society has launched a series of new mortgage products in response to changing market conditions as a result of the pandemic
Posted: 20/09/2021
The average savings balance now stands at a record £12,077 as UK bank balances have continued to grow throughout the pandemic
Posted: 20/09/2021
TSB has been announced as the latest lender to go live on Mortgage Brain’s new Submissions Brain platform
Posted: 20/09/2021
Nationwide has announced it is reducing its two and three-year fixed rates between 75% and 95% LTV by up to 0.17 percentage points
Posted: 17/09/2021
UK Finance and the Building Societies Association (BSA) are calling for changes to be made to the Support for Mortgage Interest (SMI) scheme, to help struggling homeowners as the furlough scheme draws to a close
Posted: 17/09/2021
The percentage of credit card accounts missing payments increased by 3.2% in July, according to FICO’s latest UK Credit Market Report
Posted: 17/09/2021
Conveyancing Transformation
Adam Cadle talks to ULS technology CEO Jesper With-Fogstrup about making home moving a pleasant experience

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