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Bridgebank Capital appoints head of marketing

Bridgebank Capital has appointed Emma Hodson, to fulfil a new role as head of marketing.

Laurence Goodman, managing director of Bridgebank Capita, says: “This appointment has been part of our strategic development plans for some time. Emma will manage and co-ordinate the whole of the front-end origination and business development for the company”

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Bleak outlook as think tank warns recession is back in UK

The economy is already in recession, according to the Centre for Economics and Business Research. The think tank is predicting negative gross domestic product growth for both Q4 2011 and Q1 2012, which would put the economy officially back into recession. It has also revised its 2012 GDP forecast downwards from growth of 0.7% to […]

N&P offers 10-year fix at 3.99%, citing favourable swaps

Norwich and Peterborough Building Society has launched a 10-year fixed rate mortgage at 3.99%. The direct-only product is available up to 75% LTV with a fee of £295. Borrowers will also receive a free valuation and either free legals or £200 cashback. Richard Barker, product manager at N&P, says swap rates have allowed it to […]

Transfer of second charges to FSA is a long time coming

The Mortgage Market Review has confirmed the regulation of secured loans will move from the Office of Fair Trading to the Financial Services Authority/ Financial Conduct Authority no earlier than 2014, once a decision has been reached on the transfer of consumer credit regulation as a whole.

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How MMR is already affecting businesses

Part of the interesting thing about the publication of the latest Mortgage Market Review proposals is seeing how the different parties affected have reacted, not least the lenders.

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.

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