Archive

Extra help for first-time home buyers is on the way as Lloyds Banking Group increases the amount prospective homeowners can borrow,...

The number of people moving home increased by 10% in the first half of 2024, according to the latest Lloyds Bank...

The proposed merger between mortgage and financial service providers Nationwide and Virgin Money is to be investigated by the UK's competition...

The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...

A new survey suggests that almost half a million Britons are set to miss a mortgage payment in the next six...

Just Mortgages, one of the UK’s largest mortgage brokerages, is hosting its second broker academy of the year. The programme caters to...

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...

Metro Bank says it will not, after all, be selling its residential mortgage portfolio despite widespread industry speculation that it was...

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

PriceHubble, a supplier of data solutions for real estate and finance, has acquired WhenFresh, delivering data and decision engines to banks,...

The crisis hit Metro Bank is in talks to sell off at least a £3 billion portion of its mortgage book. The...

The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found.  The fall...

The Co-operative Bank has bagged the entire Sainsbury’s Bank mortgage portfolio of some 3,500 customers with balances of £479m.  Sainsbury’s customers are...

From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...

Tandem Bank today launched its residential purchase proposition. The move comes earlier than expected, following the market’s positive reaction to how it...

Chris Daly has been appointed managing director of Hampshire Trust Bank's specialist mortgages division. Daly was most recently head of origination, real estate finance...

During these uncertain economic times, people are extra careful with their money, and to this end, new research reveals that 48%...

Mortgage Brain announced West One as the latest lender to go live on Sourcing Brain and Criteria Brain on the 6th...

Identity checks remain a crucial part of the home moving process, yet new research shows that regulated firms using manual methods...

In this guest piece, Jess Gerrow, vice president of marketing at Token provides insight into the human side of Open Banking. Driven...

Over the weekend, Nat Daniels - CEO of Angels Media, the founder of the Today sites - penned this piece in...

The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....

Hometrack, the leading provider of insight, intelligence and decision automation to the UK mortgage market, has launched a brand new vision...

Legal & General has announced the return of its Virtual Summer Conference which takes place today and tomorrow (July 6-7 2021). The...

Smartr365 and Experian tie-up set to transform credit checking process Smartr365, an end-to-end mortgage platform, has launched its commercial and strategic partnership...

The pandemic and subsequent lockdowns have impacted UK employees in a major way, with more than a third (36%) aged 18-34...

Some 74% of people do not trust property documentation to be carried out safely and securely online, research from anti-money laundering...

Financial institutions in the UK continue to invent new ways to enable their clients to access their products and services online....

First 4 Bridging (F4B) has appointed Erica Pearce as head of intermediary relations to further extend its intermediary range. Pearce will oversee...

First 4 Bridging (F4B) has expanded its operations with the opening of a Manchester-based intermediary support centre. The move will allow the...

Paymentshied has announced the appointment of Nasar Hussain as national account manager south to support its network partners and their members. He...

Mortgage, lending and banking customer relationship management (CRM) system, eKeeper, has successfully integrated DocuSign’s eSignature functionality into its intermediary-focused CRM, MortgageKeeper. The...

Money Advice Scotland is piloting open banking technology from Experian which could help it to significantly speed up the early stages...

The buy-to-let market has remained relatively stable despite the decline in overall mortgage business during Q3 2019, according to Paragon Bank. Its...

Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from 28% is Q2 2007 but significantly higher than...

Specialist banking group, Paragon, has reported a 16% increase in first-half mortgage lending to £834 million – up from £721 million...

MortgageGym is adding four specialist lenders to its online platform for mortgage applicants with lower credit scores. These include Together and Precise...

Paragon Banking Group has reported a 41% increase in new lending across all business lines in the last quarter of 2018. With...

Martin Brown has been appointed as the new role of head of products at Pepper Money. Brown joins from lifetime mortgage lender,...

The number of landlords looking to remortgage has now reached an all-time high, according to a survey by Paragon. Its Financial Adviser...

Pepper Money has finalised the terms to acquire 100% of the second charge lender, Optimum Credit Ltd. The purchase will see Pepper...

Intelenet Global Services has launched a new ‘Lending Suite’ to help banks generate mortgage offers in as little as 30 minutes. The...

Shawbrook has announced the additions of Amanda Meadows and Shrena Patel to the commercial mortgages sales team as business development managers...

Steve Olejnik has been appointed managing director of Mortgages for Business. Taking over from David Whittaker (who set up the independent brokerage...

Shawbrook Commercial has strengthened its lending team with the recruitment of Anthony Harrison as the lending manager of commercial property. With nearly...

Intermediary-only specialist mortgage lender Vida Homeloans has appointed Deb Smith as director of new business operations. Joining from The Mortgage Works where...

The Northview Group – which consists of the Kensington, New Street and Acenden brands – has announced the appointment of Mark...

The Intermediary Mortgage Lenders Association (IMLA) has announced the election of a new Chair. Phil Rickards will take up the role from...

Specialist lender Foundation Home Loans has announced multiple new appointments to its senior team, with more to follow. Andrew Ferguson is now...

Specialist lender, Together, has issued £275 million to support the successful completion of its debut public residential mortgage-backed security (RMBS) transaction. Credit-rating...

Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in...

L&G Mortgage Club will be hosting another live conference in London this autumn following the success of last year’s event. Attendees will...

Amicus Property Finance recently announced that it has appointed three new senior underwriters with long-standing banking experience. Alan Dorrington, Mark Heckles and...

Mike Thompson has been appointed to the role of Legal & General’s Operations Director for its lifetime mortgage business. Before joining Legal...

Furness Building Society has appointed Euan Ballantyne as its new Head of Products. A seasoned retail and business banking professional, Ballantyne joins...

Specialist lender Together has confirmed the appointments of two new managers to its commercial team as it continues with ambitious growth...

The appointment of Matthew Dobson as Finance Director has been announced by Furness Building Society. Dobson, who has over 15 years of...

A new lender, which is aiming to target older borrowers, has received full regulatory approval from the Financial Conduct Authority (FCA). Mortgages4Life,...

Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...

More than 150,000 people have become homeowners through the Government’s flagship Help to Buy housing scheme. New official figures show that 80%...

Connells Survey & Valuation has announced a new valuations partnership with Precise Mortgages.  The partnership involves Precise outsourcing its residential survey and...

Who are you? Colin Breavington What does it say on your business card? Operations Director We hear SearchFlow is expanding next year, can you give...

Investec Private Banking has reduced fixed rates on its range of residential Professional Mortgages by up to 0.30%. Investec’s three-year fixed rate to 60%...

Specialist mortgage lender Masthaven Finance has applied to become a bank offering home loans and fixed-interest savings. It has now submitted its banking...

Lloyds Banking Group has held onto its lead as the UK's biggest mortgage lender despite losing market share. Santander hopped above Nationwide to...

A London mortgage broker who evaded almost £115,000 in corporation tax by lying about his company profits has been sentenced for...

Tesco Bank is cutting rates on its 95% LTV mortgage products aimed at first-time buyers. It claims its new 95% LTV five-year...