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Xit2 develops a tool to check on conveyancers

Xit2 has launched The Lender Conveyancer Exchange tool that allows lenders to vet conveyancers. Xit2 will carry out data checks and physical visits to conveyancers’ premises to do necessary checks.

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Santander RMBS shows market is on the mend

Santander has issued a £2.5bn residential mortgage-backed securitisation through the Holmes Master Trust programme. The deal, which is named Holmes Master Issuer Series 2011-3, is made up of five classes of notes, four of which have been assigned a provisional AAA rating by Moody’s. It is the 20th issuance from Santander’s Holmes programme, which is […]

Hinckley & Rugby offers two-year deal at 2.59%

Hinckley & Rugby Building Society has launched a two-year fixed rate at 2.59% available up to 75% LTV with an arrangement fee of £295 and a completion fee of £695.

Jobless hike bolsters call for QE

An 80,000 rise in the number of unemployed people in the UK has added weight to calls for the Bank of England to extend its quantitative easing programme. Figures from the Office for National Statistics last week show the total number of unemployed increased by 80,000 in the three months to July to reach 2.51 […]

Auto-enrolment

Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]

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