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Scottish Building Society joins Pink panel

First Complete & Pink is adding Scottish Building Society to its panel of lenders. Scotland’s only independent building society, and one of the oldest in the world, will see its products available to First Complete’s advisers across Scotland. The building society offers various specialist lending products including guarantor and self-build mortgages. It also offers interest-only […]

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FCA says older borrowers face advice and product gap

The FCA says many older mortgage borrowers struggle to get complete advice and cannot access a wide choice of products.  The regulator made the statement in an ‘occasional paper’, published today.  It suggests firms should take older borrowers into account more with their policies and proposition.  It adds that mortgage companies should also plan for […]

Precise Mortgages reveals online portfolio proposition

Precise Mortgages is adding its portfolio proposition to its website ahead of the PRA changes for portfolio landlords. The specialist lender is looking to help brokers preparing for the Prudential Regulation Authority’s changes for portfolio landlords. Precise is publishing new documents and details of the process brokers will need to adhere to after the changes […]

HMRC: Transactions down in August

Residential property transactions fell by 0.5 per cent in August, according to figures from HMRC. Latest data shows there were 103,490 residential and 10,600 non-residential transactions in the month. While that’s 6.6 per cent than the same month a year ago, it’s down 0.5 per cent from July. Some 96,740 of the transactions were in […]

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LendInvest hires Aldermore’s Boden

Aldermore head of commercial mortgages Ian Boden has joined specialist lender LendInvest. Boden joins the group as sale director, after five years at Aldermore Bank. Boden has worked in financial services for more than 35 years and specialises in buy-to-let and commercial mortgages. He has previously worked at Lloyds Bank and HSBC and has an […]

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FSCS copycat scammers strike again

The Financial Services Compensation Scheme is the latest agency to warn that scammers are trying to use its name to trick consumers into handing over money. In a note published on its website, the lifeboat fund warns people to be wary of “fake emails from fraudsters claiming to represent FSCS.” The FSCS writes: “Do not […]