Archive

Marsden Building Society has announced several changes to its expat mortgage criteria, including accepting British Nationals Overseas Persons (BNOPs) and foreign...

Unencumbered rental properties present a big opportunity for brokers to grow buy to let business, says financial specialist Brightstar. In a video...

A monitor of the bridging sector suggests business is growing - mostly because of delays in the mainstream property conveyancing sector,...

Mortgage and protection brokerage Access Financial Services has reported what it calls “exceptional growth” with turnover up 46% between April 2023...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that intermediary confidence has now recovered to its...

Monmouthshire Building Society has relaunched its General Client Account, with an enhanced product designed to provide a secure and efficient solution...

More than half of mortgage intermediary firms are expanding, reflecting growing optimism amongst brokers, Paragon Bank research reveals.   The summer edition of...

Zephyr Homeloans, the specialist buy to let mortgage provider, has launched a two-year, fixed, 80% mortgage product across its standard, HMO...

A leading financial analyst says some 1.5m homeowners will need to remortgage throughout 2024 - and it’s going to hurt for...

Rightmove says the scale of rate cuts being announced by lenders - including the first sub-4% mortgage in many months -...

A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...

More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...

Atom, a UK app-based bank, has been accredited as a lender by the British Business Bank under the new Growth Guarantee...

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

More than a quarter of people are in the dark about interest rates and how much they pay, a new survey...

Mortgage Brain’s Mortgage Vision roadshow is back this autumn. The mortgage technology provider is heading to new locations with an expanded line-up...

Intermediary the Mortgage Advice Bureau claims to be breaking new ground by partnering with Effective Home to transform the landscape of...

HLPartnership, the UK’s largest privately owned mortgage and protection network, is hosting a webinar event today to help entrepreneurs decide whether...

Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...

UK Finance has released its financial services manifesto, outlining key priorities the next government should focus on. David Postings, Chief Executive of...

New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

Leaders. Romans Group, one of the UK's leading property services groups, has rebranded and amalgamated Start Financial Services into Mortgage Scout. Start...

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

Real estate finance and investment business TAB has launched a long-term lending service extending to all stages of a property’s life...

Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

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

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

Aldermore has signed the Armed Forces Covenant in the presence of two-star Air Vice-Marshal Ranald Munro and several colleagues who have...

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...

The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

Hodge has made significant changes to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The updates include the...

Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...

NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

National brokerage Just Mortgages has opened nominations for its new leadership programme, which it claims is “designed to find and develop...

Mortgages for Business is rebranding to Mortgage Finance Brokers, or MFB. A statement from managing director Gavin Richardson says: “It’s now a...

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

The war between rival mortgage lenders continues with Halifax late last week undertaking its second re-price of the year (and it’s...

A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...

The government has launched a consultation setting out plans to improve the transparency of land trust information. Land ownership through a trust...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

Rightmove is launching its first broker product, which will allow customers to access mortgage advice through the property website.   The portal,...

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for...

Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...

Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

Two prominent UK house builders have warned of sharply reduced volumes in the next year or so as buyers struggle to...

A specialist business bank is strengthening its proposition for portfolio landlords with a new Green Reward cashback offer. Redwood Bank says it...

Prominent independent brokerage The Mortgage Hut has partnered with Property Circle to adopt its automated lead generation system and client app. Nicola...

Mortgage and protection brokerage Access Financial Services has launched an in-house digital marketing and lead generation platform. Access FS has acquired a...

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

Brokers have criticised NatWest for allegedly offering a sub-5.0 per cent 60 per cent LTV five -year fixed mortgage rate direct...

The head of a specialist buy to let mortgage broker has controversially told landlords that the scrapping of Section 21 eviction...

Estate agency group My Property Box has launched a financial services arm. My Property Box Financial Services offers advice on a wide...

After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...

The Howden Group, which acquired leading UK mortgage broker SPF Private Clients last year, is expanding further into the mortgage market...

Legal and General Mortgage Club members will now be able to access LendInvest's new Residential Mortgages range, as well as its...

The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

A new analysis shows that the UK's mortgage brokerage market is projected to grow this year despite ongoing economic insecurity. Octane Capital...

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...

New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

LendInvest has announced a £500m investment to contribute towards the cost of new Buy To Let and Residential Mortgage products. This new...

The OneDome Group, which for 20 years has operated its CMME Mortgages service, is launching a new consumer campaign in the...

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

The Mortgage Brain platform is staging a 10-stop roadshow this autumn with the mission to, in its words, “educate and empower...

The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...

National brokerage Just Mortgages is encouraging brokers to go into their local communities to win business. Rather than ‘waiting for it to...

The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...

Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...

A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...

The latest market analysis by bridging finance specialists, Apex Bridging, has shown that £4.94bn was lent via bridging loan completions in...

Despite the recent economic turbulence, the bridging market has seen more requests for fast, short-term finance. This type of finance provides certainty...

Advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to...

With many borrowers under the cosh because of the cost of living crisis, lenders are offering brokers a chance to learn...

Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...

Technology firm, OneDome, has bought CMME Mortgage and Protection for an undisclosed sum. Describing itself as the world’s first eHomebuying platform, OneDome...

THE increase in growth announced is a “very welcome” tonic for the housing sector, according to a leading property association. The National...