Criticism and uncertainty surround launch of Labour’s ‘Freedom to Buy’ mortgage scheme

Rachel Reeves is expected to launch Labour’s Freedom to Buy scheme tomorrow, a permanent replacement for the Mortgage Guarantee Scheme (MGS)  aimed at supporting 95% loan-to-value (LTV) mortgages and improving access to homeownership. The scheme is designed to help...

Latest news

Mortgage Advice Bureau appoints Sam Toms to new lender-facing role

Mortgage Advice Bureau (MAB) has announced the internal appointment of Sam Toms as lender relationships account manager. Toms (pictured) has been with MAB for more...

Pepper Money adds no and low-ERC options across secured loan range

Specialist lender Pepper Money has extended its secured loan offering with the introduction of new no and low early repayment charge (ERC) options across...

OneDome signals future ambitions at Hampton Court OneVision gathering

The OneDome Group brought together its growing family of brands for the first time last week at Hampton Court Palace, setting out its long-term ambitions to reshape the home-buying process with a unified digital vision. Dubbed the OneVision Conference,...

Somo cuts first and second charge bridging rates

Somo has announced a significant reduction in its bridging loan rates across both first and second charge products, aiming to keep brokers “ahead of the curve” as the market continues to gain pace. The specialist lender has reduced its...

Paragon lowers two-year fixed rates on 75% LTV buy-to-let range

Paragon Bank has announced an 11 basis point cut to its two-year fixed rate buy-to-let mortgage range at 75% loan-to-value, with rates now starting from 4.24%. The revised pricing applies to both purchase and remortgage products and includes options...

The Right DA Club posts robust H1 growth

The Right DA Club has reported a sharp rise in income and membership during the first half of 2025, as growing numbers of advisory firms turned to its compliance and authorisation support services. The Club’s compliance membership rose by...

Quantum Mortgages appoints national account manager

Quantum Mortgages has announced the promotion of Zouhair Mihramane to the role of national...

Pluto Finance opens Edinburgh office to back Scottish developers

Pluto Finance has opened its first UK regional office in Edinburgh as the private...

Zephyr cuts BTL mortgage rates across key fixed products

Zephyr Homeloans has announced further reductions to its buy-to-let mortgage rates, cutting pricing by...

Habito accelerates protection push with key hire from Dynamo

Digital mortgage broker Habito has bolstered its protection business with the appointment of Britney...

Small business confidence falls to record low as closures loom

Confidence among small business owners has sunk to its lowest level since 2008, with...

Savills, Knight Frank and eXp UK lead estate agency digital brand rankings

Savills, Knight Frank and eXp UK have emerged as the estate agency sector’s most...

New report sparks commercial mortgage opportunity

Empty office buildings in the City of London and Canary Wharf could become late-night...

Cabinet Minister refuses to rule out wealth tax ahead of Autumn Budget

A senior cabinet minister has declined to rule out the introduction of a wealth...

Catalyst Property Finance acquired by Foundation’s sister company

Specialist lender Catalyst Property Finance has been acquired by The FHL Group, the sister...

Housing crisis deepens as supply falls and affordability worsens

The UK housing crisis is worsening, with affordability pressures mounting and housing supply stalling,...

Clydesdale Bank eases criteria for self-employed mortgage applicants

Clydesdale Bank is set to introduce a series of changes to its mortgage criteria...

Newcastle trims large loan mortgage rates

Newcastle for Intermediaries has announced rate reductions of up to 0.30% across its large...

INDUSTRY COMMENT

What is the Protection Claims Charter – and how does it work?

The moment of truth for any insurance product is at point of claim. Insurers have been publishing claims statistics for almost two decades now, highlighting...

Affordability reforms, housing ambition and the uncomfortable PRS truth

Let’s be clear: the FCA’s recent Discussion Paper (DP25/2) isn’t necessarily about buy-to-let lending. At least, not directly. It’s framed as a review of how...

Broker proactivity can ease path back to prime

One of the lessons we’ve taken from the ever rising levels of interest in our near prime range recently is that brokers are seeing...

Self-employment: A career not a complication

There’s a persistent myth in the market that self-employed borrowers are a high-risk, hard-to-place category. But some lenders see things differently. Whether it’s a dentist...

We need to look again at two-year swaps…

Over the last 12 months, we’ve seen three notable things happen in the swaps market and interest rates in general. Firstly and obviously, rates have...

Q&As

MORTGAGE MINGLE PODCAST

BUY-TO-LET

The Coventry cuts rates on limited company buy-to-let range

Coventry for intermediaries has reduced pricing across its limited company buy-to-let mortgage range, with...

A third of landlords warn of disinvestment if rent caps are introduced

A substantial proportion of landlords say they would halt investment in their properties if...

West One unveils 97.5% LTV products

Specialist lender West One Loans has launched a sweeping set of changes across its...

ONP Solicitors appointed exclusively for the Coventry’s limited company BTL remortgage service

Coventry Building Society has appointed ONP Solicitors as the exclusive legal services provider in...

Renters could miss out on over £330k by not buying a home, new research shows

Renters in England could lose out on more than £338,000 in potential financial gains...

CHL Mortgages lowers limited edition rates and expands short-term let range

CHL Mortgages for Intermediaries has announced rate cuts of up to 15 basis points...

The Leeds lowers mortgage rates by up to 40bps

Leeds Building Society is set to reduce interest rates across a broad selection of...

Barclays cuts mortgage rates once again

Barclays is to introduce further reductions across a broad range of mortgage products from...

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

Lenders urged to act on ageing population’s impact on homeownership

The UK housing market is approaching a tipping point, with a rapidly ageing population exacerbating a chronic mismatch between housing supply and demand, according to a new report published by fintech firm Lenvi. Titled The Generation Gap, the report highlights the scale of the demographic...

Labour to relaunch mortgage guarantee scheme as permanent ‘Freedom to Buy’ initiative

Chancellor Rachel Reeves will confirm next week that the government is to make permanent...

First-time buyers borrow more but fall behind house price rises

An in-depth analysis of mortgage affordability by Acre has revealed widening regional disparities and...

Pepper Money unveils 90% LTV mortgages to target first-time buyers

Specialist lender Pepper Money has expanded its residential mortgage range to include a 90%...

UK housing market shows signs of stability against backdrop of lingering uncertainty

The UK housing market is showing early signs of stabilisation, according to the latest...

OPINION

How product transfers can help landlords and brokers in a challenging market

In an ever-changing buy-to-let market, the task of managing a property portfolio becomes increasingly complex – whether it’s navigating higher operational costs, changing market...

Finding the ‘yes’ on finance for trading businesses

Pressure on UK trading businesses continues to mount, driven by rising costs, tight cash...

Bridging finance for refurbishment – is it light, medium or heavy?

Not all refurbishment projects are created equal. The type of works being undertaken will...

Complaints: A pain that you can handle

One of the biggest problems an adviser can face is a complaint. And those complaints can come in for a few reasons. It might be that the client feels that you have missold a product to them; you’ve not given the best advice or the...

The next decade for mortgage advice: back to the future?

The mortgage market has always moved in cycles, and right now it feels like a few familiar elements are being dusted off and brought...

DISTRIBUTION

Market Harborough expands reach through new Brilliant Solutions partnership

Market Harborough Building Society has partnered with mortgage club and packager Brilliant Solutions in...

Hinckley & Rugby strengthens intermediary sales team

Hinckley & Rugby for Intermediaries has announced four internal promotions within its sales and...

The Right Mortgage adds April Mortgages to lender panel

The Right Mortgage & Protection Network has added April Mortgages to its lender panel,...

Access FS partners with Afin Bank to boost mortgage access for diaspora communities

Access Financial Services has announced a strategic partnership with Afin Bank, a new entrant...

Specialist Finance Academy reopens with new industry partnership

The Specialist Finance Academy (SFA), founded by broker and business owner Kim McGinley, has officially reopened today following a relaunch that introduces a new partnership with mortgage club Brilliant Solutions. This marks the first time the Academy has teamed up with a mortgage club, a...