News Archive

Dear User, Please enter the keyword and click on Search button which will display the news stories relevant to the keyword.

Home of Mortgage Business Expo could be torn down by top property developer
Friday 6th August 2010
By Stephanie Baxter  Business is booming at top London property developer Capital and Counties (CapCo), who this week reported half year profits and is set to embark

FSA fines banking giant £5.6m for terrorist financing risk
Friday 6th August 2010
Members of the Royal Bank of Scotland Group were yesterday handed a £5.6m fine by the FSA for failing to have adequate systems and controls in

Brokers warned to choose a conveyancing partner carefully as SRA closes law firm
Friday 6th August 2010
By Dawn Murden       Following the recent closure of well-known law firm, Norman Saville & Co, by the Solicitors Regulation Authority (SRA), another solicitor has spoken out to

Bank triumphs in landmark PPI claims case
Friday 6th August 2010
Banking giant, Lloyds TSB, has won a significant court case, which has already been dubbed ‘landmark’ by finance and legal professionals alike. It is thought that the

Bankrupt football legend probed by police over loan fraud
Friday 6th August 2010
Former footballer and Scotland captain, Colin Hendry, is being investigated by police following a claim of fraud against him. Two former friends of the Blackburn and

Positive Solutions partners with debt solutions provider
Thursday 8th July 2010
Blu Debt Management has announced that it is the first debt solutions provider to IFA network Positive Solutions and its partners. Blu will provide Positive Solutions’ partners with

Gerry O'Brien leaves First Complete
Wednesday 30th June 2010
First Complete and Gerry O’Brien have agreed to part company with immediate effect.  Jon Round, LSL Group Financial Services Director will take on the additional role of

65% of mortgage advisors expect no improvement in business for next quarter
Wednesday 30th June 2010
Only a third of mortgage advisors have stated that business will be better over the next quarter, according to the most recent poll from Legal and

Banks accused of doubling company insolvency fees as OFT calls for reforms
Wednesday 30th June 2010
An expert in company administrations has accused high street banks of self-serving behaviour when it comes to appointing insolvency practitioners to struggling businesses.  Tony Costigan, managing director

Well known solicitors firm £20m in debt and facing administration
Wednesday 30th June 2010
A well known solicitors firm is set to become the latest business casualty of the recession, as the North West branch of the regional news site,

High Court orders Ponzi trio to pay £115m to the FSA
Wednesday 30th June 2010
Following a hearing at the High Court yesterday, a trio of illegal deposit takers have been ordered to pay approximately £115m to the Financial Services Authority

Y3S launches mortgage offering
Friday 11th June 2010
Financial services company Y3S has strengthened its offering with the launch of Y3S Mortgages in a bid to become the UK’s leading provider of innovative financial

V Loans move to new offices as part of planned expansion
Friday 11th June 2010
V Loans, the national secured loans packager, has moved from its Cheshire base in Wilmslow to larger premises near Cheadle to accommodate new staff, who are

Only a game? World Cup set to impact on housing market and flatmates
Friday 11th June 2010
The World Cup is going to impact on both the housing market and the day-to-day lives of flatmates, according to the results of two separate surveys

Broker users of Home Buyer Systems to benefit from simplified marketing tool
Friday 11th June 2010
Home Buyer Systems has unveiled a new, simplified version of its “Best Buy” marketing tool for mortgage and insurance brokers. The Best Buy tool is designed to

Money Debt & Credit package for Blemain Finance
Friday 11th June 2010
Money Debt & Credit Group plc has teamed up with Blemain Finance to offer the firm’s comprehensive range of secured loan products to its advisers.  Blemain Finance

Link Loans announces rate reductions
Thursday 13th May 2010
Secured loans lender, Link Loans, has announced rate reductions on all of its products that are available for LTVs from 51% to 75%, with rates for

Specialist lender reveals 37% fall in gross arrears
Thursday 13th May 2010
Specialist lender, CHL Mortgages, has revealed further improvements in early and late arrears across its entire buy-to-let and homeloan mortgage book.  Figures to April 2010 show CHL

Blue Skies: Calling all brokers in the Midlands
Thursday 13th May 2010
Following on from the overwhelming success of the first Cheval Blue Skies Bridging Finance Road Show in Bristol, plans for the next seminar are well underway,

‘Charming’ advisor jailed for eight years for stealing from clients
Thursday 13th May 2010
Following a marathon five year investigation by police, financial advisor Michael Mawdsley has been sentenced to eight years in prison for stealing £1.6 million from 200