Mortgage rates surge and product choice shrinks as Iran conflict jolts market

New data from Moneyfacts shows the impact of the Iran conflict has been both immediate and widespread, with borrowing costs rising sharply and lenders withdrawing a significant number of products. Average 2-year fixed rates increased by 100 basis points...

Latest news

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it looks to grow its broker presence across England and Wales. The...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company buy-to-let borrowers, with the changes applying to products for new...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision & development manager. The network said the appointment forms part of its...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first quarter of 2026, although Fleet Mortgages has warned that sharper...

Pure Retirement targets introducer growth with new adviser marketing tools

Pure Retirement has launched a suite of introducer-focused resources aimed at helping advisers expand their reach within the later life lending market. The lifetime mortgage lender has added a series of white label materials to its Marketing Toolkit, available...

UTB widens criteria on benefits income and later life lending

United Trust Bank (UTB) has introduced further changes to its residential and second charge lending criteria, widening affordability assessments and easing requirements for older borrowers. The lender said the latest updates are designed to improve flexibility for brokers placing...

Keystone restores fixed rate buy-to-let products as market stabilises

Keystone Property Finance has brought back fixed rate options across its buy-to-let range, widening choice for brokers after a period of market volatility. The lender has reintroduced two-year and five-year fixed rates across its core propositions, having withdrawn them...

Lendlord launches tool to help landlords evidence Renters’ Rights Act compliance

Lendlord has launched a compliance tool aimed at helping landlords evidence service of the Renters’ Rights Act 2026 information sheet ahead of the 31 May deadline. The information sheet, published on 20 March, must be provided to tenants in...

PROFILE

Profile: Andrew Lloyd, CEO of Fignum

Andrew Lloyd is the Chief Executive Officer (CEO) of Fignum. He was appointed to the role in October 2024 to lead the business, which...

INDUSTRY COMMENT

Mutual strength and the broker partnership

The mutual sector has always been associated with community purpose, local branches and a member-first approach that feels a little different to the wider...

First-time, accidental or professional? How the landlord profile is shifting in 2026

One of the most common misconceptions that people have about the buy-to-let market is that landlords are a single, uniform group. The reality is...

Complexity is rising and broker enablement has never mattered more

 For many years, success in the mortgage market was built off efficiency. If a broker understood the mainstream lending landscape, packaged cases well and kept...

Industry pushes to build next generation of home valuers

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and...

Supply side continues to drive the change agenda

Regulatory change is no longer something firms respond to periodically. It is now a permanent feature of the landscape. Whether it is capital treatment...

Searching for sunny uplands

There is a growing sense, shared quietly in boardrooms and rather less quietly over kitchen tables, that the UK has lost a degree of...

Q&As

BUY-TO-LET

Buy-to-let mortgage rates rise as landlords face fresh cost pressures

Buy-to-let mortgage rates have risen sharply this month, while landlords are also facing further...

Virgin Money to take mortgage application systems offline for five days

Virgin money has announced that its Virgin Money and Clydesdale online application platforms will...

Foundation returns with revised buy-to-let and residential mortgage range

Foundation has returned to the market with a revised product range across both buy-to-let...

The Buckinghamshire launches new discounted rate range

Buckinghamshire Building Society has launched a new discounted rate mortgage range, giving brokers greater...

Hodge raises holiday let lending limits with 80% LTV move

Hodge Bank has widened its holiday let criteria, increasing maximum loan-to-value to 80% and...

Family BS expands fixed rate range across core lending lines

Family Building Society has launched a refreshed range of fixed rate products spanning owner-occupier...

Clydesdale Bank raises selected residential and buy-to-let rates

Clydesdale Bank is increasing a number of residential and buy-to-let product transfer rates from...

Virgin Money raises selected mortgage rates by up to 75bps

Virgin Money is increasing selected purchase, remortgage, buy-to-let and product transfer rates from Thursday...

MORTGAGE MINGLE PODCAST

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

LISA payouts near £140m as industry warns against disrupting first-time buyer support

The Lifetime ISA delivered almost £140m in government bonuses last year, as industry figures caution against replacing the scheme without clear improvements. More than 50,000 first-time buyers used a Lifetime ISA (LISA) from Moneybox to purchase their first home in 2025, according to new data,...

Rate rises squeeze demand as brokers lean on ‘needs-based’ borrowers

Rising mortgage costs driven by global uncertainty are beginning to weigh on borrower demand...

Suffolk BS tops £800m in mortgage assets after strong 2025 growth

Suffolk Building Society has passed £800m of mortgage assets for the first time after...

Targeted deposit scheme could help one million first-time buyers onto housing ladder

A new government-backed deposit scheme could provide a route onto the housing ladder for...

RSM UK urges action as house price growth stalls and transactions fall

RSM UK is calling for stamp duty reform and more support for first-time buyers...

OPINION

How advisers can find and secure powerful introducers to grow their business – Pt2

I hope you found my earlier article useful and enlightening and if so, please read on, as in this piece I complete the steps...

What building the future means for mortgages

Earlier this month I attended the Abundance 360 summit in Los Angeles, Peter Diamandis’s annual...

Five things brokers across the country are telling me right now

The thing I’ve always enjoyed most about working in the specialist mortgage market is...

The FCA has made the case for holistic mortgage advice

Last Thursday, the head of the FCA stood up at the JP Morgan Pensions and Savings Symposium and dropped a line that deserves more attention than it got. “If we continue to treat pensions, mortgages and savings as separate tracks, we will miss opportunities to...

Technology’s biggest challenge is not the one you think

There is a version of the mortgage technology story that gets told at conferences and in trade press with some regularity. It involves platforms, disruption...

DISTRIBUTION

Brilliant Solutions moves to OMS platform in CRM partnership

One Mortgage System (OMS) has agreed a partnership with Brilliant Solutions following a review...

Afin Bank joins The Right Mortgage & Protection Network panel

The Right Mortgage & Protection Network has added specialist lender Afin Bank to its...

StreamBank joins The Right Mortgage & Protection Network panel

StreamBank has joined The Right Mortgage & Protection Network’s lender panel, giving the network's...

West Brom targets first-time buyer uncertainty with spring mortgage campaign

West Brom Building Society has launched a regional spring campaign after new research suggested...

TPFG targets buy-to-let growth a regulation looms

The Property Franchise Group says tightening regulation in the rental sector is creating new opportunities for buy-to-let advice as the firm looks to expand mortgage and protection activity across its landlord client base. In its final results for 2025, the AIM-listed group said its Financial...