Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for stimulus, this time: abolish stamp duty. The logic feels intuitive - reduce a transaction cost and you free up movement, encourage activity, help buyers onto...

Latest news

LendInvest bolsters residential and BTL broker support with Glasgow team expansion

LendInvest has expanded its commercial support team with a particular focus on helping brokers across the residential and buy-to-let markets. The technology-backed specialist lender has...

Hackathons test property data sharing in homebuying push

Proptech firms have tested how property data can be shared across the home-moving process through a series of industry hackathons. The hackathons were hosted by...

Foundation refreshes buy-to-let range with new products and rate cuts

Foundation has refreshed its buy-to-let mortgage range with new products and rate reductions across a number of existing options. The intermediary-only specialist lender has introduced...

MorganAsh urges financial services firms to improve support for unpaid carers

MorganAsh has backed a new Carers UK blueprint aimed at building more carer-friendly communities, but said financial services firms must do more to identify...

Family BS strengthens intermediary team with BDM appointment

Family Building Society has appointed Sam Byrne as business development manager for the northern and western Home Counties. Byrne (pictured) joins the mutual from Mortgage Advice Bureau, where she was regional manager for London and the South East. She...

Buckinghamshire cuts rates across credit repair ranges

Buckinghamshire Building Society has reduced selected rates across its Credit Revive and Credit Restore mortgage ranges by up to 30bps. The changes apply to five products and are aimed at brokers working with clients who have experienced previous credit...

Rosemount launches AI tool to speed up ceding scheme work

Rosemount Financial Solutions (IFA) has launched an AI-powered tool designed to help advisers deal more efficiently with ceding scheme providers. The mortgage, protection and financial planning network said the new tool, ProCeding, had been developed in-house to reduce the...

Conveyancing Association launches summer webinar series

The Conveyancing Association has launched a summer webinar series for conveyancing firms, delivered with its affiliate members. The series will run throughout June, July and August and is intended to provide conveyancing professionals with practical guidance on issues affecting...

PROFILE

Steve Caruthers on understanding how lenders operate

Last year mortgage technology specialist Fignum appointed Steve Carruthers as growth director, signalling its intent to scale its operations and deepen its role as...

INDUSTRY COMMENT

Halfway through the year, are you getting enough from every client?

The halfway point of the year is always a useful time for advisory firms to take stock, not least because it is often far...

Mortgage advice for first-timers is a no-brainer

Considering how politically important first-time buyers have been to recent governments, and the taxpayers’ money that has been thrown at a large number of...

We’re only scratching the surface with Near Prime

The growing importance of Near Prime to brokers and their clients was evident during our recent webinar, where brokers were polled on both the...

Lenders expecting stability despite global uncertainty

Following the latest US tariff announcement, lenders are continuing to price and operate on the basis that market conditions remain relatively stable. However, the...

Smart Data can solve the UK’s homebuying bottleneck

For many of us, buying a home remains one of the most stressful and frustrating experiences we will ever undertake. Despite advances in digital banking,...

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Q&As

BUY-TO-LET

YBS Commercial Mortgages cuts five-year fixed rates

YBS Commercial Mortgages has reduced rates across its five-year fixed product range by 0.15%. The...

CHL Mortgages cuts short-term let rates by 30bps

CHL Mortgages has launched a limited-edition range and reduced rates across its short-term let...

Landlord rental incomes rise to record £89k

Average annual rental income has reached a record £89,000, according to the latest Landlord...

Aria Finance joins Mortgage Brain sourcing panel

Aria Finance has joined Mortgage Brain’s Sourcing Brain module as a packager. The move gives...

L&G Mortgage Club launches specialist lending academy

L&G’s Mortgage Club has launched a Specialist Academy to help advisers support clients with...

Pepper Money raises £545m through RMBS deal

Pepper Money has raised £545 million through the capital markets as part of its...

The Darlington trims mortgage rates by up to 20bps

Darlington Building Society has reduced selected rates across its residential, specialist residential, shared ownership,...

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

MPs call for stamp duty reform to help first-time buyers

A cross-party group of MPs has called for a major review of stamp duty as part of a wider package of measures designed to improve home ownership affordability and help more first-time buyers onto the property ladder. In a new report published by the Housing,...

FCA looks to widen mortgage access with proposed lending reforms

First-time buyers, older borrowers and the self-employed could benefit from a more flexible approach...

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle...

First-time buyers face rising stamp duty costs as more homes breach £300k

First-time buyers are increasingly being drawn into paying stamp duty as rising purchase prices...

Lloyds and Halifax cut mortgage rates

Lloyds and Halifax are reducing rates across homemover, first-time buyer, remortgage, product transfer and...

OPINION

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

The cost of knowing less

There is a particular kind of risk in financial services that rarely announces itself...

Building societies need to start putting intelligence into motion

If you were at the Building Societies Association Annual Conference in Edinburgh last month...

Beyond the walk: Mortgage leaders talk mental health – part 21

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday 15th May as leaders Jason Berry and Charlie Morley crossed the finish line at HSBC's Birmingham head office at 15:45. Some 64 participants from...

Beyond the walk: Mortgage leaders talk mental health – part 20

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday 15th May as...

DISTRIBUTION

OneDome named among Europe’s fastest-growing fintech firms

OneDome has been named one of the fastest-growing fintech companies in Europe, the Middle...

The Right Mortgage sets out June roadshow programme

The Right Mortgage has announced details of a series of member roadshows taking place...

Omni Protect appoints Caspian as referral partner

Omni Protect has appointed Caspian Insurance as its endorsed protection referral partner for firms...

Shepherds Friendly inks Primis distribution deal

Shepherds Friendly has agreed a distribution partnership with Primis Mortgage Network for its income...

Equity Release Group launches adviser network

Equity Release Group has launched a specialist adviser network aimed at helping firms expand their later life lending propositions as regulatory pressures and market complexity continue to increase. TERN – The Equity Release Network – has been developed over the past three years and is...