News - Companies
The FSA today confirmed the merger between the Yorkshire Building Society and its smaller rival Norwich & Peterborough(N&P) which will complete on 1 November.
Coutts, the private banking arm of RBS, has changed its lending criteria for mortgage clients who will need to have £1m of investable assets before it considers applications.
Nationwide Building Society has announced it is to restrict the maximum LTV of its interest-only mortgages to 75%.
Other News - Companies articles
Skandia has appointed Andy Davies as director of adviser sales and Steve Powell as director of corporate partners.
The Financial Services Authority (FSA) may have deliberately misled the committee over Icelandic banks, MPs have claimed, The Telegraph reports.
The protection limit for savers is set to be raised to £50,000 under proposals due to be announced by the Government today, The Telegraph reports.
Dear Mr Sants, I am writing to you on behalf of the huge number of IFAonline.co.uk readers who believe the FSA’s response to the issue of dual-pricing has been insufficient and are calling for urgent further action.
The Mortgage Business (TMB) has appointed Caroline Carroll as business development manager it was announced today.
When finding deals for first time buyers, it is as important for brokers to use their brains and experience as it is to consult a sourcing system, according to Ray Boulger.
LENDERS ARE now offering mortgages equal to six times salary to first-time buyers desperate to get a foot on the property ladder, as house prices soar out of reach, says the Daily Telegraph .
Five of the UK’s largest mortgage brokers have clubbed together in what they are stating is a loose coalition designed to give them better bargaining power with lenders.
Home information packs (Hip) could potentially wipe up to £5.7bn in gross domestic product from the UK economy and make almost 100,000 people jobless in the first year of their introduction, an independent report has said today.
A drop in the number of houses on the market and a rise in the use of offset and lifetime mortgages are some of the developments speakers on IFAonline TV expect to see in the near future.
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