Distributors
FCA cancels broker's permissions over missing RMAR
Failure deemed 'significant'
FCA to review advice and mortgage panel deals in new market study
Regulator has concerns about competition in sector
Mortgage Advice Bureau takes £350k stake in conveyancing business Sort
Listed mortgage adviser network the Mortgage Advice Bureau has bought a 23% stake in online conveyancing firm Sort to enhance its distribution channels.
Sesame Bankhall shakes up board after strategic review
Sesame Bankhall Group (SBG) has reconfigured its management team following a strategic review that led to the demise of its investment advice network earlier in the year.
Post Office financial services to amalgamate under new brand
The Post Office is to amalgamate its range of financial products under a new brand in its bid to become a leading 'challenger' in UK financial services.
Lighthouse launches mortgage and protection advice service
National advice firm Lighthouse Group has launched a "holistic" mortgage and protection advice service in response to demand from clients.
Tenet allows members to self-approve drawdown advice
Adviser network Tenet is offering its members licences to self-approve drawdown advice in a bid to speed up its processes ahead of the incoming pension reforms.
Financial services firms team with property surveyors
Two financial services firms have teamed up with property surveyors to fuel their growth strategies and benefit from new revenue streams in the UK housing market.
West Bromwich director Hopwood departs
West Bromwich Building Society sales and marketing director Richard Hopwood has left the business following a restructure of its executive team.
FCA may restrict lenders' ability to alter mortgage terms
The Financial Conduct Authority (FCA) may restrict the changes lenders can make to mortgage contracts after assessing the fairness of the existing regulations.
Personal Touch supports launch of AssuranceKeeper
Mortgage adviser network Personal Touch Financial Services (PTFS) has supported the launch of eKeeper's life assurance quotes service AssuranceKeeper.
Nottingham BS to offer whole-of-market mortgage advice in-branch
Nottingham Building Society is to offer whole-of-market mortgage and protection advice across its branch network.
Openwork launches seven funds as platforms' AUM hits £1.2bn
The investment arm of restricted network Openwork has launched seven new funds which the business hopes will attract £150m worth of inflows in the first year.
Northern Rock to refund £270m to customers
Northern Rock Asset Management is to compensate customers who took out loans with the bank a share of £270m, following errors made in paperwork.
Sesame Bankhall MD exits in major reshuffle
Sesame Bankhall Group (SBG) managing director Nick Kelly has left the business in a major reshuffle.
Co-op withdraws interest-only mortgages
The Co-operative Bank is to withdraw its interest-only mortgage range, it has announced.
Greenwood made executive chairman in Tenet board reshuffle
Tenet Group has made a number of changes to its board, with current chairman Lord Hodgson of Astley Abbotts leaving and Martin Greenwood taking up the position of executive chairman.
A Nightmare on Broker Street
FREDDY!
Housing demand hit two-year high in March
Demand for UK housing hit its highest level in two years in March as more properties were put up for sale ahead of the Stamp Duty holiday-end, data suggests.
Santander drops interest-only LTV to 50%
Santander is reducing the maximum loan to value on its interest-only residential deals to 50%, in a move it hopes will encourage some borrowers to select a capital repayment mortgage.
Tesco Bank to launch mortgages by April
Tesco Bank's chief executive, Benny Higgins, has suggested that its long-anticipated launch into the mortgage market will happen by as early as April this year.
Tenet boss lays into rivals
Martin Greenwood, the interim CEO of Tenet Group, has hit out at the company's rivals for behind-the-scenes criticism of the network.
Openwork unveils protection app
Openwork has produced a protection quote application for Apple mobile devices.
Virgin Money: The birth of a mortgage lender
The Virgin Money buy-out brings with it both good and bad news, but it is the latter - the £653m loss to taxpayers - that will make all the headlines.
