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26 September 2016 Client had nearly 40 payday loans?! / Advisers mis... View email
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Latest news stories

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Mainly mortgage news…

Stop letting targets get in the way of delivery

Today

The positivity at RESI was pleasing to see, with lots of encouraging discussion about the private rented sector (PRS), the possibility (or hope) of stamp duty cuts on the way in the Autumn Statemen…

Buy-to-Let Watch: Good times or bad, clients need you

Today

Are we meant to feel positive about the future, or nervous? One hardly knows any more – which makes our advice crucial Buy-to-let clients are probably feeling a little confused right now; indeed, t…

Paradigm adds New Street Mortgages to panel

Today

Paradigm Mortgage Services has added buy-to-let and let-to-buy lender New Street Mortgages to its panel. New Street’s lending criteria include rental calculations starting at 115 per cent at …

H1 equity release lending highest in 10 years: ERC

Today

Equity release lending rose 28 per cent in the first half of the year, the highest growth in ten years, according to new figures from the Equity Release Council. The ERC says lending hit £908m in the first half, up from £710m in the same period last year. The number of equity release products on […]

The post H1 equity release lending highest in 10 years: ERC appeared first on Mortgage Strategy.

Supply of housing at six-month high, says NAEA

Yesterday

The supply of available housing rose to a six-month high in August, according to the National Association of Estate Agents, although demand fell slightly. The average number of houses available for…

Mainly IFA news…

Banks weigh on FTSE as Deutsche fears persist

Today

Fears over banking sector undo initial enthusiasm sparked by US presidential debate, as Deutsche Bank tumbles to fresh lows.

Labour: Brexit negotiations must be cross-party

Today

Labour has argued that negotiations about the UK's separation from the EU must be cross-party.

Forex markets signal Clinton triumph in first debate

Today

Currency movements were in favour of Hillary Clinton during her first debate with Republican candidate Donald Trump, as movements in the Japanese yen, Mexican peso, and Canadian dollar suggested the Democrat contender put forward a move convincing argument.

Ex-Scottish Widows chief Strauss joins L&G

Today

Former Scottish Widows, Towry and Aviva UK Life chief executive Toby Strauss has joined the board of Legal & General as a non-executive director.

Equity release lending soars past £900 million

Today

Equity release lending rose by £198 million in the first half of 2016, the biggest year on year increase in the last ten years.

Mainly insurance news…

GRP buys Marshall Wooldridge in Leeds

Today

New owner aims to double size of £20m GWP business in three years.

Sentiment Survey: Share your views today

Today

The survey closes on Friday. Complete it before then to be in with a chance of winning a £100 voucher.

PIB becomes Lloyd's registered

Today

Broker now has access to the Lloyd's underwriting market.

Live blog: High Net Worth Forum 2016

Today

The event created solely for the insurance broker community in the high net worth space takes place today at The Bloomsbury in London.

Yutree Underwriting signs capacity deal with Endurance

Today

Underwriting division builds on previously teaming up with Biba.

Mainly international news…

Allianz invests $7m in Italian robo-adviser MoneyFarm

Today

Founded in Milan in 2011, MoneyFarm gives people access to low-cost wealth management services and launched in the UK earlier this year. The deal will give Allianz Ventures a minority stake, estimated...

Blacktower founder Westwood named chairman of trade body Feifa

Today

The trade body, which represents English-speaking advisory businesses operating across Europe, said it appointed Westwood to see the organisation through the “significant change” expected from the Britain’s...

PEOPLE MOVES: L&G, MUFG, SuMi Trust, SYZ AM

Today

L&G Toby Strauss, the former chief executive of Scottish Widows has joined Legal & General’s board as an independent non-executive director. He will begin the role from 1 January 2017, after stepping...

Trump calls tax avoidance ‘smart’ in live debate with Clinton

Today

The lively showdown between the two very different candidates included an exchange where Clinton accused Trump of not releasing his tax returns because this would reveal he had not personally paid any...

Dubai regulator fines insurer for sales outside permitted zone

Today

Clements (Dubai), the local unit of Washington-headquartered Clements Worldwide, was fined $85,191 (£65,667, €75,607) by the DFSA for breaching its rules on selling insurance products in the United Arab...

Welcome to cherry

Welcome to the largest ever community of IFAs, mortgage and insurance advisers.

As many of you will already know, cherry membership now  exceeds 15,000 and each adviser can visit cherry whenever they wish, every  day of the year. Needless to say, this is MASSIVE!!   Our site traffic and newsletter readership is immense and it means that,  for the first time ever, the adviser  community has a REAL voice.  We therefore  urge you all to join - and to encourage  others to do so as well - so that the strength of this 'One Voice' can continue  to grow. Cherry  Register here

Registering with cherry is fast, easy  and free.

To thrive, cherry relies on its  ability to generate sufficient supporting income. One key source is advertising  revenue derived from companies wishing to promote their products and services  to the adviser community. Because the  community is now so substantial, cherry advertising opportunities have become  very attractive.

cherry is proud to be an  entirely independent company and we always  retain our objectivity and impartiality by ensuring we never accept funding from providers or  companies who would expect favours in return.

We are also particularly proud of our consumer facing service www.cherryfind.co.uk and we promise to do our best to ensure that the financial advisers and mortgage advisers listed on the cherryfind site are those who  adhere to the highest standards of business ethics - those who aim to provide impartial financial and mortgage advice which is WHOLLY focused on their customers' needs.