Archive

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

The Equity Release Council (ERC) has unveiled new guidance for member firms to consider when launching retrofit lifetime mortgages.   In consultation with...

A poll of surveyors shows strong support for the idea of pre-sale surveys. When asked whether the new Government should introduce mandatory...

Home buyers, movers, and existing owners making energy-saving improvements to their properties can now get up to £2,000 cashback from a...

New data from Legal & General’s Ignite platform shows a significant increase in over-50s seeking remortgages with terms taking them close...

Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...

A large majority of consumers report no improvement in how financial providers treat them following the implementation of the FCA’s Consumer...

Nationwide has joined a year-old campaign to speed up the home buying process through increased digitisation. The society has joined the Open...

NatWest has announced it will introduce new Airbnb-friendly mortgage terms that embrace home sharing via short lets. And now Airbnb wants...

UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable.   Upon...

Virgin Money has launched The Retrofit Boost, a new mortgage product designed to help home owners improve their property’s energy efficiency. The...

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

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

The West Brom - the UK’s seventh largest building society - is now offering a range of fixed rate mortgages to...

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

LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation...

Property Circle, which calls itself “the growth platform for mortgage brokers, estate agents and letting agents” has appointed a PropTech high-flyer...

UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

Aldermore is reintroducing a broader range of mortgages for owner occupiers. The lender says it wants to support often “overlooked customers” with...

Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand.  A year ago the Strike online...

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

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

Specialist lender Hodge has joined forces with Propflo, a PropTech startup, to help customers make their properties more energy-efficient and environmentally...

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

The ESTAS awards event in October has a new principal partner. It’s Landmark Information Group, which includes Landmark Estate Agency Services, Searchflow,...

Mortgage Advice Bureau has developed a new tool to assess a customer’s financial resilience based on their level of protection. The financial...

Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...

Leek Building Society has used its annual report and publication of accounts to mount a stout defence of its methodology regarding...

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

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

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

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

The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...

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

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

Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

Three years ago the Financial Conduct Authority banned discretionary commission arrangements in a bid to end the incentive for brokers to...

Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

Saga, the provider of products and services for the over-50s, has teamed up with digital broker Tembo to launch Saga Mortgages. The...

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

The 2023/24 Your Mortgage Awards’ ‘Best Buy to Let Mortgage Lender’ has been named. It’s The Mortgage Works, and this is not...

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...

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

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

Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

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...

Skipton Building Society has made what some brokers call an “unprecedented move” by offering rates for existing borrowers switching products starting...

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

Metro Bank customers will now benefit from a smoother house buying process thanks to a new partnership with Legal & General...

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

Molo Finance - which says it’s “the UK’s first fully digital mortgage lender” - has joined with a PropTech startup to...

Almost 400 misleading promotions by later life mortgage firms have been binned or amended, thanks to the Financial Conduct Authority.   The...

Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

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...

Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...

A new survey of 2,000 UK adults has revealed that 50 per cent of those who have applied for a mortgage...

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

PMS Mortgage Club, in partnership with compliance experts Bankhall, has rolled out a new support service to help mortgage and protection...

Property portal and end-to-end transaction service OneDome says it wants to acquire more mortgage brokers as it reveals its HomeBuyer service...

Metro Bank has undertaken what it calls “a major transformation of its mortgage origination platform” to streamline the process for both...

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...

We’re now under four weeks away from the start of the Financial Conduct Authority’s Consumer Duty regime. This introduces a new Consumer...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

Property portal OnTheMarket - the third major portal, behind clear market leaders Rightmove and Zoopla - has launched OnTheMarket Money, a...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

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

As of last Thursday, members of Legal & General Mortgage Club can now access two Skipton Building Society products on a...

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

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

Recently, MPowered Mortgages, the fintech mortgage lender using AI to enhance the mortgage journey for homebuyers and re-mortgages, announced it has...

Precise Mortgages, part of the leading specialist leader OSB Group, recently recognised a gap in the market and decided to expand...

New research by mortgage broker, Henry Dannell, reveals that equity release can help homeowners add serious value to their property.  By analysing...

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

In this guest piece, Adrian Plant, director of Shared Ownership at Leaders Romans Group and Calum Toone, mortgage advisor at Mortgage Scout, delve into the...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

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

Specialist buy-to-let fintech lender Landbay has launched its most comprehensive and intuitive broker portal amidst a bold new brand. The new brand...

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

A new partnership between Hometrack and Mortgage Brain is set to provide a ‘game changing’ solution that streamlines and digitises the...

Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...