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Sir Mervyn King, outgoing Governor of the Bank of England, described his tenure as a “game of two halves” last night, writes Robyn Hall. |
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The Council of Mortgage lenders has slammed Which? after it claimed that 99.5% of homeowners and homebuyers struggle to identify the total cost of a mortgage deal. |
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May was the cheapest month for fixed rate mortgages since the onset of the financial crisis, the National Mortgage Index from Mortgage Advice Bureau shows. |
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The government needs to focus on satisfying the needs of institutional investors if it wants to tackle its housing supply problem, says residential property fund manager Hearthstone. |
The Financial Services Compensation Scheme (FSCS) is to consider the implications for its claims process after a decision to reject its appeal against a High Court judgement, which determined it failed to properly compensate an investor who lost money in foreign property. |
Private equity firm Phoenix Equity Partners has bought a £35m stake in Key Retirement Solutions (KRS). |
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The Financial Conduct Authority has imposed its largest ever fine of almost £1m on a retail sole trader for “deliberately misleading” vulnerable customers over sale and rent back agreements.
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Mortgage Brain has launched a pre-sales mortgage app for the iPad called iSourceMortgages.
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The shortage of affordable homes in England is locking young people out of the property market for more than a decade, says Shelter. |
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Key Retirement Solutions’ parent company Cabot Square Capital has sold its majority stake to private equity firm Phoenix Equity Partners for £35m.
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Bank of England (BoE) governor Mervyn King was defeated in his final bid to inject more stimulus into the UK economy, minutes from last month’s minutes show. |
The Financial Conduct Authority (FCA) has banned and issued its largest ever fine of nearly £1m to a retail sole trader for sale and rent back failings. |
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The parliamentary commission on banking standards is calling for financial regulators to be more accountable to the Treasury select committee.
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The parliamentary commission on banking standards says the Financial Conduct Authority must cut costs and become “smaller and more focused”.
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The Parliamentary Commission on Banking Standards has called on the Government to publish by September a report on breaking up the Royal Bank of Scotland.
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The parliamentary commission on banking standards is calling for the approved persons regime to be scrapped for banking staff and replaced with a two-tier system.
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The parliamentary commission on banking standards is calling on the Financial Ombudsman Service to incentivise banks to improve their complaint handling by urgently reforming case fees.
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The parliamentary commission on banking standards is calling on the Financial Conduct Authority to introduce a new remuneration code to curb bank executive pay and sales incentive schemes.
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The Parliamentary Commission on Banking Standards has criticised the government’s involvement in the day-to-day running of the Royal Bank of Scotland (RBS). |
Technology provider Mortgage Brain has launched iSourceMortgages, an iPad sales tool and product sourcing app for brokers. |
Banking bonuses and pay structures have not supported and probably derailed high collective industry standards, concluded the Parliamentary Commission on Banking Standards in a report out today. |
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A shortage of qualified surveyors has forced some of the country’s biggest firms to stop accepting new valuation instructions in certain areas as market activity increases.
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The Cypriot president has asked eurozone officials to overhaul the country's €10bn bailout plan due to its unmanageable impact on the Cypriot economy, according to reports. |
The long-awaited Parliamentary Commission on Banking Standards report has criticised the government's handling of part-nationalised UK banks and recommended criminal sanctions for senior executives who behave "recklessly". |
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Mark Blackwell, managing director of xit2, looks at commercial lending as the temperature rises in the market and the pressure on lenders heats up. |
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Peer-to-business lending platform rebuildingsociety.com has joined the National Association of Commercial Finance Brokers as it strengthens its ties with the broker community. |
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Openwork is extending the availability of its free guide to the prevention of mortgage fraud following strong demand from the professional services market and the wider industry. |
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The Post Office has today launched a major assault on the mortgage market with its intention to lend £2.5bn by the end of the year. |
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The FCA has banned a retail sole trader and issued its largest ever fine of nearly £1m after the trader was found guilty of deliberately misleading vulnerable customers for personal gain. |
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Paradigm Mortgage Services has reported a significant increase in the amount of general insurance cases it has placed through Select & Protect in the first months of 2013. |
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Skipton B.Society
Update type: New Date: Thursday, 20 June, 2013 Launched 5 year fixed rates to 60% and 75% LTV. |
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Monmouthshire
Update type: New Date: Thursday, 20 June, 2013 Launched new BTL and Discount products. |
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L + G Club - Accord
Update type: New Date: Thursday, 20 June, 2013 Launched new residential products, |
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Paradigm - Accord
Update type: New Date: Thursday, 20 June, 2013 Launched new residential products, |
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Pink - Accord
Update type: New Date: Thursday, 20 June, 2013 Launched new residential products, |
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SimplyBiz - Accord
Update type: New Date: Thursday, 20 June, 2013 Launched new residential products, |
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TMA - Accord
Update type: New Date: Thursday, 20 June, 2013 Launched new residential products, |
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L + G Club - Accord
Update type: Deleted Date: Thursday, 20 June, 2013 Withdrawn product 12634, 12635 and 12668. |
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Paradigm - Accord
Update type: Deleted Date: Thursday, 20 June, 2013 Withdrawn product 12634, 12635 and 12668. |
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TMA - Accord
Update type: Deleted Date: Thursday, 20 June, 2013 Withdrawn product 12634, 12635 and 12668. |
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SimplyBiz - Accord
Update type: Deleted Date: Thursday, 20 June, 2013 Withdrawn product 12634, 12635 and 12668. |
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PMS - Accord
Update type: Deleted Date: Thursday, 20 June, 2013 Withdrawn product 12634, 12635 and 12668. |
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Pink - Accord
Update type: Deleted Date: Thursday, 20 June, 2013 Withdrawn product 12634, 12635 and 12668. |
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Penrith
Update type: New Date: Wednesday, 19 June, 2013 Launched new range. |
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L + G Club - Leeds
Update type: New Date: Tuesday, 18 June, 2013 Launched new FTB 5 year fixed product available up to 95% LTV. |
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NatWest Int Sol
Update type: New Date: Tuesday, 18 June, 2013 Launched 2 year Fixed 2.23% purchase and remortgage products F06752 and F06754. |
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TBMC - Melton M'bray
Update type: New Date: Tuesday, 18 June, 2013 Launched new products. |
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TBtLBMC-Principality
Update type: New Date: Tuesday, 18 June, 2013 Withdrawn BTL 2 year Tracker product. |
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TBtLBMC - KRBS
Update type: New Date: Tuesday, 18 June, 2013 Launched new 2 year BTL products. |
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SBSLS-Melton Mowbray
Update type: New Date: Tuesday, 18 June, 2013 Revised Advance Self Build and Self Build SVR. |
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Nationwide B.Soc
Update type: Amended Date: Tuesday, 18 June, 2013 Revised product codes. |
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Precise Mortgages
Update type: New Date: Monday, 17 June, 2013 Launched new range of Buy to Let products. |
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Principality
Update type: New Date: Monday, 17 June, 2013 Launched new Products. |
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AToM - Precise
Update type: Deleted Date: Monday, 17 June, 2013 Withdrawn BTL range |
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Newbury
Update type: New Date: Saturday, 15 June, 2013 Launched new Affordable housing products. |
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TBMC - Virgin Money
Update type: New Date: Saturday, 15 June, 2013 Launched new two year BTL Tracker at 3.99%. |
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Abbey
Update type: New Date: Friday, 14 June, 2013 Launched 10 year fixed 3.94%, 60% LTV, £995 Booking fee. Available for Purchase and Remortgage. |
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Pink Direct - Leeds
Update type: New Date: Friday, 14 June, 2013 Launched new exclusives. |
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Leeds B Society
Update type: New Date: Friday, 14 June, 2013 Launched several BTL, Shared Ownership and Lending into Retirement products. |
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Paradigm - Abbey
Update type: New Date: Friday, 14 June, 2013 Launched M100R and M100H. |
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PMS - Leeds
Update type: Amended Date: Friday, 14 June, 2013 Fees Assisted 2 year Fees assisted Fixed rate extended end dates to August. |
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L+ G Club - Abbey
Update type: Deleted Date: Friday, 14 June, 2013 Withdrawn M107H + M107R |
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Pink Direct-Abbey
Update type: Deleted Date: Friday, 14 June, 2013 Withdrawn products M100H and M100R. |
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Paradigm - Accord
Update type: New Date: Thursday, 13 June, 2013 Launched new residential products. |
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Pink - Accord
Update type: New Date: Thursday, 13 June, 2013 Launched new residential products. |
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PMS - Accord
Update type: New Date: Thursday, 13 June, 2013 Launched new residential products. |
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SimplyBiz - Accord
Update type: New Date: Thursday, 13 June, 2013 Launched new residential products. |
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TMA - Accord
Update type: New Date: Thursday, 13 June, 2013 Launched new residential products. |
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L + G Club - Accord
Update type: New Date: Thursday, 13 June, 2013 Launched new residential products. |
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PMS - Abbey
Update type: Deleted Date: Thursday, 13 June, 2013 Withdrawn M107H + M107R |
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NatWest Int Sol
Update type: New Date: Wednesday, 12 June, 2013 Revised selected products. |
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Brilliant Mtgs - NBS
Update type: New Date: Wednesday, 12 June, 2013 Revised products range, End dates extended till September. |
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L + G Club-Newcastle
Update type: New Date: Wednesday, 12 June, 2013 Revised products range, End dates extended till September. |
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PinkDirect-Newcastle
Update type: New Date: Wednesday, 12 June, 2013 Revised products range, End dates extended till September. |
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Vernon BS
Update type: Deleted Date: Wednesday, 12 June, 2013 All 3 + 5 Year Fixed products withdrawn |
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Woolwich
Update type: New Date: Tuesday, 11 June, 2013 Revised Product range |
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Aldermore Bank PLC
Update type: Amended Date: Tuesday, 11 June, 2013 New Build Flats are now acceptable. |
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Virgin Money PLC
Update type: Amended Date: Tuesday, 11 June, 2013 property policy changes for New Build, Flats and Self build |
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TBMC - Virgin Money
Update type: Amended Date: Tuesday, 11 June, 2013 property policy changes for New Build, Flats and Self build |
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National Counties
Update type: New Date: Monday, 10 June, 2013 Launched 3.19% Fixed rate products until 31-08-13. 80% LTV. £895 Completion fee. |
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Aldermore Bank PLC
Update type: New Date: Monday, 10 June, 2013 Residential and Buy to Let Mortgages are now available in Scotland. |
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Skipton B.Society
Update type: Amended Date: Monday, 10 June, 2013 Extended end dates to 31st July on 10 year fixed residential products. |
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L + G Club - Accord
Update type: New Date: Saturday, 8 June, 2013 Revised Product range |
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Paradigm - Accord
Update type: New Date: Saturday, 8 June, 2013 Revised Product range |
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Pink - Accord
Update type: New Date: Saturday, 8 June, 2013 Revised Product range |
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PMS - Accord
Update type: New Date: Saturday, 8 June, 2013 Revised Product range |
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SimplyBiz - Accord
Update type: New Date: Saturday, 8 June, 2013 Revised Product range |
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TMA - Accord
Update type: New Date: Saturday, 8 June, 2013 Revised Product range |
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Clydesdale Bank PLC
Update type: New Date: Friday, 7 June, 2013 Launched new product range. |
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L+ G Club - Abbey
Update type: New Date: Friday, 7 June, 2013 Launched 2 year fixed Homebuyer/Remortgage products. 2.99% until 02-08-15. 80% LTV. £495 arrangement fee. |
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Paradigm - Abbey
Update type: New Date: Friday, 7 June, 2013 Launched new 2yr fixed exclusives. |
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Pink Direct-Abbey
Update type: New Date: Friday, 7 June, 2013 Launched new 2yr fixed exclusives. |
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PMS - Abbey
Update type: New Date: Friday, 7 June, 2013 Launched new 2yr fixed exclusives. |
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SimplyBiz - Abbey
Update type: New Date: Friday, 7 June, 2013 Launched new 2yr fixed exclusives. |
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L + G Club - Hanley
Update type: New Date: Friday, 7 June, 2013 Launched new exclusives. |
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L + G Club - Accord
Update type: New Date: Friday, 7 June, 2013 Launched new products. |
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Leek United BS
Update type: New Date: Friday, 7 June, 2013 New BTL 2 year disc launched. |
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Furness B.Soc
Update type: New Date: Friday, 7 June, 2013 New Fixed,Tracker and Discounted products launched. |
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TBMC - H + R
Update type: New Date: Friday, 7 June, 2013 Launched BTL 2 Year 2.55% variable. |
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L+ G Club - Abbey
Update type: Deleted Date: Friday, 7 June, 2013 Withdrawn 3 year fixed Homebuyer products. |
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Paradigm - Abbey
Update type: Deleted Date: Friday, 7 June, 2013 Withdrawn 3yr Fixed products |
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Pink Direct-Abbey
Update type: Deleted Date: Friday, 7 June, 2013 Withdrawn 3yr Fixed products |
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PMS - Abbey
Update type: Deleted Date: Friday, 7 June, 2013 Withdrawn 3yr Fixed products |
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SimplyBiz - Abbey
Update type: Deleted Date: Friday, 7 June, 2013 Withdrawn 3yr Fixed products |
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Saffron B.Society
Update type: Deleted Date: Friday, 7 June, 2013 BTL Fixed at 4.47% withdrawn. |
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Nationwide B.Soc
Update type: New Date: Wednesday, 5 June, 2013 Revised product range, reduced rates on 2yr and 3yr Fixed and Tracker products. |
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TBtLBMC - H + R
Update type: New Date: Wednesday, 5 June, 2013 Launched new 2Yr Discount product. |
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PMS - Investec
Update type: New Date: Wednesday, 5 June, 2013 Launched new Product range, |
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Melton Mowbray
Update type: New Date: Wednesday, 5 June, 2013 launched new Shared ownership product. |
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Woolwich
Update type: New Date: Tuesday, 4 June, 2013 Launched new products and revised Interest only criteria. |
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SimplyBiz-Kensington
Update type: New Date: Monday, 3 June, 2013 Launched new products. |